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What You Need to Know About Freenome

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

Freenome, headquartered in South San Francisco, is focused on developing a diagnostic test for early detection of cancer and other diseases on the so-called "liquid biopsy," in other words, blood.…

Continue ReadingWhat You Need to Know About Freenome

Teva, Alder BioPharma Forge $200M Anti-CGRP-Based Therapy Pact

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

The agreement validates Teva’s IP and resolves Alder’s opposition to Teva’s European Patent No. 1957106 B1. Source: BioSpace

Continue ReadingTeva, Alder BioPharma Forge $200M Anti-CGRP-Based Therapy Pact

Struggling Acorda is Exploring a Sale, Shares Jump

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

Rumors that Acorda was considering a sale drove company stock up about 12 percent on Friday, Jan. 5, to hit $23.55. Source: BioSpace

Continue ReadingStruggling Acorda is Exploring a Sale, Shares Jump

Alder Announces $250M Committed Equity Financing

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

Alder intends to use the cash to fund payments under Alder’s European patent settlement and global license agreement with Teva announced today. Source: BioSpace

Continue ReadingAlder Announces $250M Committed Equity Financing

Rejected Again: Ablynx Turns Down Novo Nordisk's Sweetened $3.1B Bid

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

The offers underline Novo Nordisk's interest in expanding beyond diabetes and into the rare diseases market. Source: BioSpace

Continue ReadingRejected Again: Ablynx Turns Down Novo Nordisk's Sweetened $3.1B Bid

Bristol-Myers to Take a $3B Tax Hit in Q4 2017

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

The expense is primarily related to taxes on unremitted offshore earnings, the company said. Source: BioSpace

Continue ReadingBristol-Myers to Take a $3B Tax Hit in Q4 2017

Besties Regeneron and Sanofi Add Another $1B to PD-1 I/O Deal

  • Post author:Sam
  • Post published:January 7, 2018
  • Post category:BioPharma

The two companies struck the deal in 2015. Source: BioSpace

Continue ReadingBesties Regeneron and Sanofi Add Another $1B to PD-1 I/O Deal

Teva, Union Reach Deal on HQ Layoffs for Administrative Staff

  • Post author:Sam
  • Post published:January 4, 2018
  • Post category:BioPharma

Agreement covers employees who agree to leave voluntarily. Source: BioSpace

Continue ReadingTeva, Union Reach Deal on HQ Layoffs for Administrative Staff

Ex-Genentechers' Denali Scores $1B+ Alzheimer's Deal With Takeda

  • Post author:Sam
  • Post published:January 4, 2018
  • Post category:BioPharma

Takeda CEO Christophe Weber is sticking to his game plan of actively hunting deals that will expand its global presence and create a stronger international profile. Source: BioSpace

Continue ReadingEx-Genentechers' Denali Scores $1B+ Alzheimer's Deal With Takeda

Kala Pharma Sinks on Mixed Data From Two Phase III Dry Eye Disease Studies

  • Post author:Sam
  • Post published:January 4, 2018
  • Post category:BioPharma

Kala Pharma released mostly positive topline results from two Phase III clinical trials for KPI-121 in patients with dry eye disease. Source: BioSpace

Continue ReadingKala Pharma Sinks on Mixed Data From Two Phase III Dry Eye Disease Studies
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