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Hedge Fund Takes Another Shot at Biotech, This Time at Prothena

  • Post author:Sam
  • Post published:November 7, 2017
  • Post category:BioPharma

Kerrisdale believes that Prothena's lead drug NEOD001 will fail in its current Phase 2b and Phase 3 trials. Source: BioSpace

Continue ReadingHedge Fund Takes Another Shot at Biotech, This Time at Prothena

Cambridge's Exonics Therapeutics Scores $40M

  • Post author:Sam
  • Post published:November 7, 2017
  • Post category:BioPharma

Exonics Therapeutics closed on a $40M Series A financing which was led by The Column Group. Source: BioSpace

Continue ReadingCambridge's Exonics Therapeutics Scores $40M

Editas CEO to Testify at a U.S. Senate Hearing Next Week

  • Post author:Sam
  • Post published:November 7, 2017
  • Post category:BioPharma

The hearing will focus on the therapeutic potential and ethical issues of using CRISPR technology to alter human DNA. Source: BioSpace

Continue ReadingEditas CEO to Testify at a U.S. Senate Hearing Next Week

FDA Approves Genentech's Zelboraf, the First-Ever Drug to Treat Specific Rare Blood Disease

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

People diagnosed with the rare blood disorder known as Erdheim-Chester disease have a new treatment option. Source: BioSpace

Continue ReadingFDA Approves Genentech's Zelboraf, the First-Ever Drug to Treat Specific Rare Blood Disease

Roche Lays Off 235 Employees in Switzerland

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

The jobs are being cut because Roche is moving Swiss packaging ops to CMO-divested sites. Source: BioSpace

Continue ReadingRoche Lays Off 235 Employees in Switzerland

Massachusetts' Haemonetics to Eliminate 350 Jobs

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

Shares of Haemonetics are up nearly 10 percent this morning after the company announced it was cutting about 11 percent of its workforce in a restructuring effort. Source: BioSpace

Continue ReadingMassachusetts' Haemonetics to Eliminate 350 Jobs

The Lone 3 Big Pharmas That Will Gain Market Share Over the Next Few Years

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

With worldwide spending on prescription drugs increasing from an estimated $774B in 2017 to over $1 trillion in 2022, a rising tide of pharmaceutical sales is lifting a lot of…

Continue ReadingThe Lone 3 Big Pharmas That Will Gain Market Share Over the Next Few Years

AI Takes Off in Biotech, Creating Demand for High Paying Jobs of $500K Plus

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

Salaries and total compensation can range from $300,000 to $500,000 per year for these employees – whether they have a Ph.D. or are just out of college. Source: BioSpace

Continue ReadingAI Takes Off in Biotech, Creating Demand for High Paying Jobs of $500K Plus

Genentech’s Frontline Alecensa Approved for Non-Small Cell Lung Cancer

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

Approval is based on Phase III results that showed Alecensa extended the average time that people lived without their disease worsening compared to crizotinib. Source: BioSpace

Continue ReadingGenentech’s Frontline Alecensa Approved for Non-Small Cell Lung Cancer

Senator Harris Scrutinizes How Alkermes Pushed Its Opioid Addiction Drug

  • Post author:Sam
  • Post published:November 6, 2017
  • Post category:BioPharma

Harris fired the first shots on Monday. Source: BioSpace

Continue ReadingSenator Harris Scrutinizes How Alkermes Pushed Its Opioid Addiction Drug
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