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.....»»
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.....»»
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.....»»
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 .....»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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......»»