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Spinout from Nobel-winning Berkeley lab cuts cancer cell therapy deal with drug giant AbbVie

Caribou Biosciences Inc. — one of the first companies to spin Nobel Prize-winning UC Berkeley professor Jennifer Doudna's CRISPR genome-editing technology out of her lab — inked a deal with drug giant AbbVie Inc. to help develop an off-the-shel.....»»

Category: topSource: bizjournalsMar 3rd, 2021

Vor Biopharma prices upsized IPO at the top of the expected range, raises $177 million

Vor Biopharma Inc. , the Massachusetts-based cell therapy company focused on cancer treatments, said Friday that its upsized initial public offering priced at the top of the expected ran.....»»

Category: topSource: marketwatchFeb 5th, 2021

Lilly signs cancer drug deal worth up to $1.6 billion

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Category: topSource: marketwatchJan 20th, 2021

UPDATE: Myovant shares soar 20% premarket on news of Pfizer cancer drug deal worth up to $4.2 billion

Shares of Myovant Sciences soared 20% in premarket trade Monday, after its parent Sumitovant Biopharma said Myovant wi.....»»

Category: topSource: marketwatchDec 28th, 2020

Myovant shares soar 16% premarket on news of Pfizer cancer drug deal worth up to $4.2 billion

Shares of Myovant Sciences soared 16% in premarket trade Monday, after its parent Sumitovant Biopharma said .....»»

Category: topSource: marketwatchDec 28th, 2020

Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty

Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic......»»

Category: topSource: reutersApr 28th, 2020

In quest to beat COVID-19, Bay Area biotech closes Big Pharma equity deal for $250M

Aiming to accelerate treatments against COVID-19 into mid-stage clinical trials in three to five months, Vir Biotechnology Inc. said Monday that it signed a collaboration with drug giant GlaxoSmithKline that includes a $250 million equity stake in t.....»»

Category: topSource: bizjournalsApr 6th, 2020

Why Fate Therapeutics Is Trading Higher Today

Fate Therapeutics Inc (NASDAQ: FATE) shares are trading higher on Friday, after a multi-billion dollar deal with Janssen Biotech to develop cell therapies for the treatment of cancer. read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

The Daily Biotech Pulse: Fate Therapeutics Inks Cell Therapy Deal With J&J, Zentalis IPO

Here's a roundup of top developments in the biotech space over the last 24 hours. Scaling The Peaks (Biotech Stocks Hitting 52-week Highs April 2) BELLUS Health Inc (NASDAQ: BLU) read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

CytomX Therapeutics to partner with Astellas Pharma on T-cell therapy for cancer

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 23rd, 2020

Philadelphia biopharm company partners with Chinese firm to advance cancer therapy

Context Therapeutics, a Philadelphia biopharmaceutical company focused on hormone-driven cancers, is teaming up with a Chinese biotech firm to advance the development of Context's lead new drug candidate. That experimental therapy, called onapristo.....»»

Category: topSource: bizjournalsMar 22nd, 2020

Gilead just made a $4.9 billion bet on cancer-drug maker Forty Seven

The deal is the latest to add to Gilead's presence in cancer immunotherapy, an approach to treating cancer that harnesses the body's immune system......»»

Category: topSource: moneycentralMar 2nd, 2020

MarketWatch First Take: HP sends mixed message on Xerox while business continues to decline

HP Inc. claims it is open to talking to copier giant Xerox about some sort of a merger deal, but it is also embarking on a costly stock buyback plan in the hopes of winning over its investors in an upcoming proxy fight......»»

Category: topSource: marketwatchFeb 24th, 2020

East Bay cancer drug developer, jilted by Novartis, to cut 51 jobs

Aduro Biotech Inc. will cut nearly 60% of its workforce and close its European office a month after Swiss partner Novartis AG stepped away from a four-year cancer drug collaboration. The Berkeley company (NASDAQ: ADRO) said the restructuring would cut.....»»

Category: topSource: bizjournalsJan 10th, 2020

Biogen signs neuro disease drug deal with Cambridge startup

A young biotech startup hoping to map out the actions of cells throughout the body has signed its second major drug development partner with biotech giant Biogen......»»

Category: topSource: bizjournalsJan 10th, 2020

Roche dives deeper into gene therapy with $1.15 billion Sarepta licensing deal

Roche Holding AG made its second major gene therapy deal in a year on Monday, spending $1.15 billion to obtain the rights to Sarepta Therapeutics Inc's investigational drug to treat duchenne muscular dystrophy (DMD) outside the United States......»»

Category: topSource: reutersDec 23rd, 2019

Seattle Genetics" stock rises on approval of bladder cancer drug

The Food and Drug Administration on Wednesday approved Padcev as a treatment for metastatic urothelial cancer. The therapy is jointly being developed by Astellas Pharma Inc.....»»

Category: topSource: marketwatchDec 19th, 2019

Seattle Genetics Drug For Difficult-To-Treat Urothelial Cancer Gets Early FDA Nod

Seattle Genetics, Inc. (NASDAQ: SGEN) shares are advancing following an early approval for Padcev, an antibody conjugate therapy it is co-developing with Astellas Pharma Inc. (OTC: ALPMY). Latest Ratings for SGEN DateFirmAct.....»»

Category: blogSource: benzingaDec 19th, 2019

Investors shift attention to next generation of CAR-T, new sickle cell treatments at major hematology meeting

A handful of sickle cell disease treatments and CAR-T therapies that treat cancer have been approved by the Food and Drug Administration in recent years, but a new crop of investigational therapies that would grow those markets is exciting investors......»»

Category: topSource: marketwatchDec 10th, 2019

Bayer site head in Berkeley jumps to Peninsula cancer drug developer

Judy Chou will go from a multinational company that made everything from aspirin to hemophilia A treatments to a smaller company with multiple drugs in clinical trials......»»

Category: topSource: bizjournalsDec 6th, 2019

Weeks after IPO, Peninsula drug maker lines up Asian cancer-fighting deal

The South San Francisco company's drug, currently in an early-phase clinical trial, targets types of breast and lung cancers as well as gastric cancer, which Asian drug makers are anxious to tackle......»»

Category: topSource: bizjournalsDec 4th, 2019