BioSpace News Archive

Biopharmaceutical company Alvotech announced that Abu Dhabi-based investment company, Yas Holding, has acquired a 2.5% stake in their business and signed an agreement for the exclusive partnership and supply of three Alvotech biosimilar candidates, which Yas Holding will commercialize in the MENA region.

Transaction creates the leading provider of HEOR, market access, medical affairs and healthcare communications services to pharmaceutical companies across US, Europe and Asia

Journal of American Medical Association Publishes Study Conducted at Tennessee Oncology

Cerecor Inc. announced that it has closed the sale of its pediatric portfolio of assets with AYTU BioScience, Inc. in a deal valued in excess of $43 million including the assumption of various liabilities and product-related obligations.

ChromaDex Corp. announced that it will hold a conference call on Tues., Nov. 12, 2019 at 4:30 p.m. ET to discuss its financial results for the third quarter ended Sept. 30, 2019.

Chief Medical Officer, Dr. Leslie Wong, to Join Alliance as Clinical Leader

Lead allosteric PLK1 inhibitor to progress through preclinical and IND enabling studies

Trevena, Inc. announced topline results from its multi-dose QT study for IV oliceridine, reported its financial results for the third quarter ended September 30, 2019, and provided an overview of its recent operational highlights.

Stryker announced a definitive agreement to acquire all of the issued and outstanding ordinary shares of Wright Medical Group N.V. for $30.75 per share, or a total equity value of approximately $4.0 billion and a total enterprise value of approximately $5.4 billion Wright Medical, which was founded in 1950, is a global medical device company focused on extremities and biologics.

Avenue Therapeutics, Inc. (NASDAQ: ATXI) (“Avenue”), a company focused on the development of intravenous (“IV”) tramadol for the U.S. market, today reported financial results and recent corporate highlights for the third quarter ended September 30, 2019.