BioSpace News Archive

Biotech Bay

Kaiser Permanente Commits $2 Million to Gun Injury Prevention Research

New public health initiative to focus on preventing injuries and death from firearms

April 9, 2018

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3 min read

Policy

FDA restricts sale and distribution of Essure to protect women and to require that patients receive risk information

The U.S. Food and Drug Administration today issued an order to restrict the sale and distribution of the Essure device to ensure that all women considering use of the permanent contraception device are provided with adequate risk information so that they can make informed decisions

April 9, 2018

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6 min read

Citron Hygiene Launches New Website

As part of the overall rebranding initiative, Citron Hygiene is excited to announce the launch of its brand new, freshly redesigned website

April 9, 2018

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1 min read

Business

CCA Industries, Inc. Announces Earnings Call and Loss for First Quarter 2018

CCA Industries, Inc. announced that it will be posting a loss for the first quarter of fiscal 2018. The Company will be issuing its first quarter 2018 results on Monday, April 16, 2018.

April 9, 2018

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2 min read

File folder with Merger and Acquisition and financial graphs. Business concept

Deals

In Second Gene Therapy Buy of the Year, Novartis Acquires AveXis for $8.7B

Novartis has struck a deal to acquire AveXis for $8.7 billion. Novartis will pay $218 per share, which is a 72 percent premium over AveXis’s 30-day volume-weighted average stock price.

April 9, 2018

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3 min read

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Mark

Woman celebrating her goals. Successful concept.

Drug Development

Merck’s Keytruda Grabs Another Late-Stage Clinical Win in Lung Cancer

Merck & Co. is chalking up another clinical win for its potent checkpoint inhibitor Keytruda. This morning the company announced the anti-PD-1 therapy hit its endpoints as a first-line monotherapy in lung cancer following an interim review of data.

April 9, 2018

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2 min read

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Alex Keown

Close up picture of young man holding senior disabled woman's hand - blue bathrobe background

Biotech Beach

Acadia Pharmaceuticals Plunges Following Report that Links Nuplazid to High Number of Deaths

Shares of Acadia Pharmaceuticals are down more than 18 percent in premarket trading following a CNN report that raises concerns over a number of deaths and adverse events linked to the company’s Parkinson’s disease drug Nuplazid.

April 9, 2018

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2 min read

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Alex Keown

Drug Development

Failed Clinical Trial: Menlo’s Stock Tanks

Menlo Therapeutics’ stock dropped 55 percent in premarket trading after announcing its serlopitant failed to meet primary and secondary endpoints in a Phase II clinical trial.

April 9, 2018

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2 min read

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Mark Terry

A shot of a senior man sitting on the sofa with his daughter, looking at a photograph. He is cuddling his daughter, looking sad and holding the photo.

Doctor Calls for Alzheimer’s Boot Camps to Spur Drug Development

It’s no secret that drugmakers have struggled to develop a therapeutic to treat or halt the onset of Alzheimer’s disease. Multiple drugs have failed in late-stage trials and some companies, such as Pfizer, have largely given up on the space.

April 9, 2018

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3 min read

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Alex Keown

Pictured: Pile of money/iStock, Ihor Lukianenko

Drug Development

Constellation Raises $100M to Advance Several Clinical Trials

Constellation Pharmaceuticals closed on a financing round worth $100 million. The company plans to use the funds to advance several clinical trials.

April 9, 2018

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2 min read

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Mark Terry