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Wednesday, May 14th, 2025

    Biotech

  • Nestle gives up on peanut allergy treatment after sluggish sales

    Biotech | Sep 5, 2023

    Nestle gives up on peanut allergy treatment after sluggish sales

    The FDA-approved therapy, called Palforzia, was little used, leading Nestle to abandon a business it had secured in a $2.6 billion deal three years ago.

  • Wave readies clinical testing for first RNA editing therapy

    Biotech | Sep 5, 2023

    Wave readies clinical testing for first RNA editing therapy

    The biotech, one of several advancing RNA editing medicines, expects to obtain “proof-of-mechanism” data in patients with the inherited disorder alpha-1 antitrypsin deficiency by next year.

  • Illumina names Agilent’s Jacob Thaysen as its next CEO

    Biotech | Sep 5, 2023

    Illumina names Agilent’s Jacob Thaysen as its next CEO

    The appointment comes less than three months after former CEO Francis deSouza stepped down following a proxy battle.

  • Beam begins US testing of first-of-its-kind ‘base editing’ cancer drug

    Biotech | Sep 5, 2023

    Beam begins US testing of first-of-its-kind ‘base editing’ cancer drug

    The announcement marks progress for Beam after trial delays, and is the first time in the U.S. that a patient has received a base editing treatment.

  • Star Therapeutics adds another $90M to grow its galaxy of drug startups

    Biotech | Sep 5, 2023

    Star Therapeutics adds another $90M to grow its galaxy of drug startups

    The hub-and-spoke biotech has raised more than $190 million in total to fund drug development for rare autoimmune and blood conditions.

  • Do not miss the return to growth

    Biotech | Sep 5, 2023

    Do not miss the return to growth

    The signals of a return to growth are emerging. As commercial leaders gear up for 2024 planning, they must prepare to fight for resources in a budget constrained environment.

  • FDA documents hint at ‘uphill battle’ for broad approval of Sage’s depression drug

    Biotech | Sep 1, 2023

    FDA documents hint at ‘uphill battle’ for broad approval of Sage’s depression drug

    The newly posted documents show the agency had concerns about the side effects experienced by people with clinical depression who took Sage’s drug, Zurzuvae.

  • FTC allows Amgen’s $28B deal for Horizon to go through, with conditions

    Biotech | Sep 1, 2023

    FTC allows Amgen’s $28B deal for Horizon to go through, with conditions

    The settlement between Amgen and the FTC may reassure those in the industry who feared a more activist regulator would gum up dealmaking.

  • Roche claims study success for targeted drug in early lung cancer

    Biotech | Sep 1, 2023

    Roche claims study success for targeted drug in early lung cancer

    The Swiss pharma said, without details, that it observed “unprecedented” results that could make Alecensa the first treatment specifically available after surgery for ALK-positive lung tumors.

  • ‘We’re in the 1999 of the internet era’: a16z’s Julie Yoo on fintech’s potential and the digital health market

    Biotech | Aug 31, 2023

    ‘We’re in the 1999 of the internet era’: a16z’s Julie Yoo on fintech’s potential and the digital health market

    Yoo, who leads health tech investment at venture capital firm Andreessen Horowitz, outlined her fintech market thesis and why the healthcare industry is at an inflection point.

  • Sage, reeling from depression drug decision, to lay off 40% of workforce

    Biotech | Aug 31, 2023

    Sage, reeling from depression drug decision, to lay off 40% of workforce

    Two founding executives are leaving Sage alongside a major restructuring announced weeks after the FDA approved the medicine, Zurzuvae, for much narrower use than the company had hoped.

  • Sanofi appoints a venture investor to R&D head as executive team expands

    Biotech | Aug 31, 2023

    Sanofi appoints a venture investor to R&D head as executive team expands

    Houman Ashrafian, currently a scientific advisor at SV Health Investors, will fill the role left by John Reed, who oversaw the transformation of research and development during his five years at Sanofi.

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