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Wednesday, May 14th, 2025

    Biotech

  • Editas names new chief medical officer in latest executive change-up

    Biotech | Jul 18, 2022

    Editas names new chief medical officer in latest executive change-up

    Baisong Mei, a veteran of Sanofi and Biogen, comes to Editas half a year after the gene editing company fired his predecessor and one month after new CEO Gilmore O'Neill started on the job.

  • Finding hard-to-find patients: Integrating real-world data and AI

    Biotech | Jul 18, 2022

    Finding hard-to-find patients: Integrating real-world data and AI

    Better understanding patient cohorts can shed light on outcomes, but what if coding doesn’t exist?

  • EMA adds allergic reaction warning to Novavax’s COVID-19 vaccine

    Biotech | Jul 15, 2022

    EMA adds allergic reaction warning to Novavax’s COVID-19 vaccine

    The regulator said there have been “a few” spontaneous severe allergic reactions following administration of the vaccine, which was this week authorized in the U.S.

  • Ultragenyx sells rare disease drug royalties to Canadian pension fund

    Biotech | Jul 15, 2022

    Ultragenyx sells rare disease drug royalties to Canadian pension fund

    In exchange for $500 million, the fund, called OMERS, will get a 30% royalty on future sales of Ultragenyx’s drug Crysvita in the U.S. and Canada, where it’s approved to treat two rare conditions.

  • Novo strikes $110M deal for regulatory fast pass

    Biotech | Jul 15, 2022

    Novo strikes $110M deal for regulatory fast pass

    The Danish drugmaker will buy a priority review voucher from Marinus Pharmaceuticals, the latest in a string of similarly priced purchases.

  • UnitedHealth to offer some drugs, including insulin, at no cost share in 2023

    Biotech | Jul 15, 2022

    UnitedHealth to offer some drugs, including insulin, at no cost share in 2023

    The initiative aims to address inflationary pressures and prevent worse health outcomes down the line, CEO Andrew Witty told investors Friday.

  • CytomX lays off staff, joining growing list of biotechs restructuring

    Biotech | Jul 14, 2022

    CytomX lays off staff, joining growing list of biotechs restructuring

    A shaky biotech market has forced another drugmaker to adjust, with CytomX revealing plans to reduce its workforce by 40%.

  • Royalty Pharma buys rights to top-selling GSK drug in pair of deals

    Biotech | Jul 14, 2022

    Royalty Pharma buys rights to top-selling GSK drug in pair of deals

    The prolific biopharma dealmaker is paying Theravance $1.1 billion and Innoviva $282 million to acquire rights to royalties on GSK’s asthma and COPD drug Trelegy Ellipta.

  • Novartis, BeiGene cancer drug faces delay as FDA puts off approval decision

    Biotech | Jul 14, 2022

    Novartis, BeiGene cancer drug faces delay as FDA puts off approval decision

    The deferral puts the drug in regulatory limbo, setting back the Swiss pharma's efforts to catch up to top immunotherapy developers Merck, Bristol Myers Squibb and Roche.

  • FDA clears Novavax’s COVID-19 vaccine as 4th option in US

    Biotech | Jul 13, 2022

    FDA clears Novavax’s COVID-19 vaccine as 4th option in US

    The shot is the first of its type authorized for COVID-19 by the FDA, but faces an uncertain future due to questions about its ability to fight omicron as well as the biotech’s ability to manufacture large quantities. 

  • Private equity buyout of TherapeuticsMD unravels as shareholders balk

    Biotech | Jul 13, 2022

    Private equity buyout of TherapeuticsMD unravels as shareholders balk

    Too few investors in the women’s health company pledged their shares to the take-private offer from EW Healthcare Partners, forcing the deal’s termination.

  • Atara shares sink after update on multiple sclerosis trial

    Biotech | Jul 13, 2022

    Atara shares sink after update on multiple sclerosis trial

    Much-anticipated interim results from Atara’s Phase 2 study revealed little about the likelihood of the trial’s success, spurring a market sell-off.

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