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Thursday, July 17th, 2025

    Biotech

  • Pharma CEOs press case against drug price negotiation as bill gains support

    Biotech | Aug 4, 2022

    Pharma CEOs press case against drug price negotiation as bill gains support

    On earnings calls with investors, executives reiterated opposition to legislation advanced by Democrats that would curtail their pricing power in the U.S.

  • Amgen bets almost $4B on a biotech and its inflammation drugs

    Biotech | Aug 4, 2022

    Amgen bets almost $4B on a biotech and its inflammation drugs

    The deals hands Amgen a few clinical programs and a marketed therapy in Tavneos, which was approved last year to treat a group of autoimmune diseases.

  • ElevateBio, Boston Children’s launch startup to test new approach to ‘off-the-shelf’ cell therapy

    Biotech | Aug 4, 2022

    ElevateBio, Boston Children’s launch startup to test new approach to ‘off-the-shelf’ cell therapy

    Spun out of a Boston Children’s research lab, the biotech is the first to emerge from a partnership ElevateBio and the hospital struck to create new cell and gene therapy companies.

  • Novo shares tumble after latest setbacks for closely watched obesity drug

    Biotech | Aug 4, 2022

    Novo shares tumble after latest setbacks for closely watched obesity drug

    The Danish drugmaker lost tens of billions in market value after revealing a key clinical study for Wegovy won't be stopped early and production issues are still being ironed out.

  • Coherus wins FDA approval for second Lucentis biosimilar, its third drug

    Biotech | Aug 3, 2022

    Coherus wins FDA approval for second Lucentis biosimilar, its third drug

    The biotech company secured a valuable interchangeable designation for the copycat medicine, which it plans to launch later this year.

  • Gilead, following cell therapy approval, impresses Wall Street with fast sales

    Biotech | Aug 3, 2022

    Gilead, following cell therapy approval, impresses Wall Street with fast sales

    Together, the biotech’s two CAR-T therapies earned $368 million between April and June, a substantial jump over last year and above what analysts forecast.

  • Roche digs into off-the-shelf cell therapy with Poseida deal

    Biotech | Aug 3, 2022

    Roche digs into off-the-shelf cell therapy with Poseida deal

    The pharma has now signed two alliances with allogeneic drug developers since September, signalling its interest in CAR-T treatment alternatives.

  • AbCellera inks another venture partnership, this time with Atlas

    Biotech | Aug 3, 2022

    AbCellera inks another venture partnership, this time with Atlas

    One week after striking a deal with Versant, the antibody specialist is teaming up with Atlas to provide drug candidates to an undisclosed startup backed by the biotech investor.

  • Alnylam drug succeeds in key heart disease study, boosting company

    Biotech | Aug 3, 2022

    Alnylam drug succeeds in key heart disease study, boosting company

    The success of Alnylam's treatment in a trial known as APOLLO-B could pave the way for the biotech to reach consistent profitability, should the FDA sign off on a planned approval application.

  • With new data, Roche takes step toward more convenient cancer immunotherapy

    Biotech | Aug 2, 2022

    With new data, Roche takes step toward more convenient cancer immunotherapy

    The pharma claimed Phase 3 study success for a subcutaneous version of its drug Tecentriq, a strategy it and rivals Merck and Bristol Myers could use to extend the market life of their lucrative drugs.

  • IDRx, a new biotech startup, raises $122M to develop better cancer drug combinations

    Biotech | Aug 2, 2022

    IDRx, a new biotech startup, raises $122M to develop better cancer drug combinations

    Founded by serial entrepreneur Alexis Borisy, the company comes equipped with two experimental medicines it licensed from Merck KGaA and Blueprint Medicines.

  • AbbVie, targeting a well-known protein family, expands a partnership into neuroscience

    Biotech | Aug 2, 2022

    AbbVie, targeting a well-known protein family, expands a partnership into neuroscience

    It’s the second deal in as many years between AbbVie and Sosei Heptares, which together have been trying to develop drugs that target so-called G protein-coupled receptors.

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