BioSpace News Archive

Business

Ginkgo Bioworks Explodes with Fundraising and Partnerships

Boston-based Ginkgo Bioworks calls itself “the organism company,” but what that means it uses microorganisms that it engineers across a broad range of markets. These engineered organisms churn out a wide variety of products. And the company has been on a frenzy of fundraising recently.

October 11, 2019
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3 min read
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Mark Terry
Business

AbbVie Stays Busy While Working to Complete Allergan Acquisition

As the $63 billion acquisition of Allergan by Chicago-based AbbVie slowly churns through the Federal Trade Commission (FTC) process, the company continues to make the news. Here’s a look.

October 11, 2019
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3 min read
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Mark Terry
Bio NC

Out of Office: How to Set Yourself Up for Success Before Your Next Vacation

Vacation is so close you can smell the saltwater or the fresh mountain air. Whether you’re a beach-goer or lake lover, the few weeks leading up to time off are equal parts hectic and exciting. You can envision yourself email-free and soaking up the sun for as long as possible.

October 11, 2019
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2 min read
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Laura Brothers
Employer Resources

Employees’ Perception vs. Employers’ Reality! New Research Shows the Top 3 Areas of Opportunity

What makes an organization a desirable employer? Do they need to be a large company with a recognizable name? Should the organization pay their employees more than others?

October 11, 2019
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4 min read
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Porschia Parker
Business

Roche Vice Chairman Calls for Long-Term Thinking by Business to Save the Planet

Roche Vice Chairman Andre Hoffman is warning that short-term thinking is killing the planet and that corporations must engage in long-term sustainable strategies that limit any environmental harm and can help reverse some of the damage that’s already been done.

October 11, 2019
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2 min read
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Alex Keown
Bio NC

Biotech In-Demand Job: Genetic Counselor

Our recent article describing six prominent careers in the biopharma industry was well-received by both college students and current biopharma professionals. As the first installment in a six-part series, we present an in depth review of a rewarding career as a genetic counselor.

October 11, 2019
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4 min read
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Don Potochny
Biotech Bay

The Challenge of Cultured Meat

Aleph Farms announced last week they 3D printed a small piece of muscle tissue on the International Space Station. The success of this miniature steak highlights the key advantage of cultivated meat: you can make it anywhere.

October 11, 2019
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5 min read
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David Kirk
Policy

PhRMA Predicts Dire Consequences for Pharma Industry if Pelosi Plan Passes

In September, House Speaker Nancy Pelosi unveiled a plan to lower prescription drug prices covered by government-funded plans that include tying those medications to an International Pricing Index – a move the pharmaceutical industry opposes wholeheartedly.

October 11, 2019
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2 min read
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Alex Keown
Business

Bay Area’s Five Prime Slashes 70 Jobs in Second Restructuring of 2019

Five Prime Therapeutics will eliminate 70 jobs as the company undergoes a restructuring to extend its cash runway. Five Prime said the restructuring plan will save an estimated $20 million in annualized cost savings.

October 11, 2019
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2 min read
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Alex Keown
Drug Development

Long-Term Data Supports Safety of Gilead’s and Galapagos’ JAK Inhibitor

As Gilead Sciences and its development partner Galapagos NV eye filing a New Drug Application with the U.S. Food and Drug Administration for its JAK inhibitor filgotinib, the companies’ hopes have been boosted by new 52-week safety data.

October 11, 2019
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2 min read
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Alex Keown