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BioSpace News Archive
Browse BioSpace’s published news and press releases by year, month, and day.
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Deals
Pfizer Quietly Takes Additional Stake in This Boston Pharma
Pfizer has increased its stake in Rhythm Pharmaceuticals.
October 19, 2017
·
2 min read
·
Alex Keown
Business
Arcturus Rockets on New Hep B RNA Deal With Johnson & Johnson
Shares of Arcturus are up nearly 15 percent in Thursday morning trading after the company inked a collaboration agreement with Janssen Pharma to develop a hepatitis B drug program.
October 19, 2017
·
2 min read
·
Alex Keown
Business
Bay Area’s Intuitive Surgical Buys NC Facility Very Close to Rival TransEnterix
The new acquisition joins a smaller facility Intuitive has in the region at N.C. State University’s Centennial Campus.
October 19, 2017
·
1 min read
FDA
Novartis Has Set a Tricky Precedent in Gene Therapy
A look at how the gene therapy approvals may end up confusing payers, lawmakers, and the general public at a time when the industry desperately needs clarity.
October 19, 2017
·
5 min read
·
Karl Thiel
Drug Development
DURECT Stock Plunges as Pain Med Fails Phase III
DURECT’s Posimir (SABER - Bupivacaine) for post-surgical pain failed its Phase III clinical trial.
October 19, 2017
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2 min read
·
Mark Terry
Job Trends
Pfizer Gets Incentives to Keep a 250 Employee Workforce in Memphis
About 250 Pfizer employees will remain in the Memphis area after the pharma giant secured a partial tax freeze for 14 years from local governments that will save the company an estimated $5.3M in taxes.
October 19, 2017
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2 min read
·
Alex Keown
FDA
Eli Lilly Looks Over Its Shoulder After Novo Nordisk Wins FDA Panel Backing for Diabetes Drug
An advisory panel with the FDA gave a near unanimous support to Novo Nordisk’s diabetes drug semaglutide, a long-acting GLP-1 analogue.
October 19, 2017
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2 min read
·
Alex Keown
BioMidwest
Here is the One Biotech Billionaire Investors Love
WalletHub recently examined the quarterly filings of hedge funds to determine which stocks they’re buying the most.
October 19, 2017
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3 min read
·
Mark Terry
Policy
FDA Slaps Warning Letters on Two Medical Device Manufacturers
The federal watchdog said it was responding to a letter it received from Director Dr. Mark Smith at Kelyniam in June.
October 19, 2017
·
1 min read
BioMidwest
Weeks After Buying ReShape Medical for $38M, EnteroMedics Bags $61M
EnteroMedics recently filed with the SEC that it had raised $61M in a new equity financing round. There were 13 anonymous investors.
October 19, 2017
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3 min read
·
Mark Terry
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