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BioSpace News Archive
Browse BioSpace’s published news and press releases by year, month, and day.
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Business
Teva Expected to Fire Up to 1,700 Workers in Israel, U.S.
News of the layoffs comes hard on the heels of the company’s credit rating having been cut to junk status by Fitch Rating.
November 27, 2017
·
2 min read
·
Alex Keown
Drug Development
Regeneron Abandons Ship as Combo Drug Flunks Phase II Studies
Regeneron indicated that because of disappointing results for two Phase II trials, it was ending its development of angiopoietin2 antibody nesvacumab as an addition to Eylea.
November 27, 2017
·
2 min read
·
Mark Terry
Job Trends
Merck Plots 950-Job R&D Hub in London
The move is in part related to Brexit, the UK’s exit from the European Union.
November 27, 2017
·
2 min read
·
Mark Terry
Job Trends
Qiagen Plans to Create Up to 800 Jobs at New UK Campus Post Brexit
Qiagen’s investment will be an expansion of its current operations in that northern England city.
November 27, 2017
·
2 min read
·
Alex Keown
Deals
Why Shire Should Spin Off Its Neuroscience Biz and Merge With This Maryland Pharma
Kenneth Pittman, writing for Seeking Alpha, takes a look at why Shire is thinking of unloading its neuroscience division and suggesting an alternative.
November 27, 2017
·
3 min read
·
Mark Terry
Drug Development
Innate Tanked as Drug Combined With Bristol-Myers’ Opdivo Flopped in Study
While lirilumab was shown to be well-tolerated, it did not demonstrate efficacy in treating that patient population.
November 27, 2017
·
2 min read
·
Alex Keown
Biotech Bay
Bay Area’s Medeor Therapeutics Bags $57M
The financing will be used to push its Phase III clinical program of MDR-101 in living donor HLA-matched kidney transplant patients.
November 27, 2017
·
2 min read
·
Mark Terry
BioMidwest
3 Top Diabetes Biotechs to Buy Into Right Now
Diabetes is huge problem for Americans.
November 27, 2017
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1 min read
Business
Israel’s Protalix to Slash 20% of Workforce
Share prices for Protalix are up more than 3 percent this morning after the company reported positive results from its Phase I/II open label extension trial of pegunigalsidase alfa, PRX-102, for the treatment of Fabry disease.
November 27, 2017
·
2 min read
·
Alex Keown
Business
Lee’s Pharm Forms Second China Cancer Partnership With Beijing Shenogen
In the latest joint effort, Lee’s Pharm will pair its PD-L1 candidate with icaritin.
November 27, 2017
·
1 min read
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