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Chronological Index of : Company News

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  • COMPANY NEWS: Management tracks

    Biogen Inc. (NASDAQ:BIIB) promoted Matt Griffiths to SVP and chief information officer from VP of pharmaceutical operations and corporate information technology. Infectious disease company VaxInnate Corp. (Cranbury, N.J…

    Published on 5/13/2015
  • COMPANY NEWS: Orexigen continues to sink on Contrave news

    Orexigen Therapeutics Inc. (NASDAQ:OREX) dropped $0.91 (15%) to $5.02 on Wednesday after Takeda Pharmaceutical Co. Ltd. (Tokyo:4502) sent a dispute letter to the company seeking to terminate the companies' collaboration…

    Published on 5/13/2015
  • COMPANY NEWS: Sandoz requests bond from Amgen to cover lost Zarxio sales

    The Sandoz unit of Novartis AG (NYSE:NVS; SIX:NOVN) filed a statement with the U.S. Court of Appeals for the Federal Circuit (CAFC) requesting a $179.4 million bond from Amgen Inc. (NASDAQ:AMGN) to compensate for losses…

    Published on 5/13/2015
  • COMPANY NEWS: Baxter buys Sigma-Tau leukemia portfolio

    Baxter International Inc. (NYSE:BAX) acquired a portfolio of leukemia products from Sigma-Tau Group (Pomezia, Italy) for $900 million. The portfolio includes Oncaspar pegasparagase, which is marketed to treat acute …

    Published on 5/12/2015
  • COMPANY NEWS: FDA committee backs Vertex's Orkambi

    FDA's Pulmonary-Allergy Drugs Advisory Committee voted 12-1 on Tuesday that available efficacy and safety data support approval of Orkambi, a combination of lumacaftor (VX-809) and Kalydeco ivacaftor from Vertex …

    Published on 5/12/2015
  • COMPANY NEWS: Lilly, BioNTech in immuno-oncology research deal

    Eli Lilly and Co. (NYSE:LLY) and BioNTech AG (Mainz, Germany) announced a research collaboration to investigate new cancer immunotherapies. The companies will attempt to identify tumor targets and their corresponding T …

    Published on 5/12/2015
  • COMPANY NEWS: Moderna creates rare disease subsidiary Elpidera

    Moderna Therapeutics Inc. (Cambridge, Mass.) launched Elpidera LLC, a subsidiary that will use Moderna's mRNA therapeutics platform to develop treatments for rare diseases. Greg Licholai, former SVP of real-world and …

    Published on 5/12/2015
  • COMPANY NEWS: GSK, UNC partner in HIV, launch newco Qura

    GlaxoSmithKline plc (LSE:GSK; NYSE:GSK) and the University of North Carolina partnered to establish a research center at the university's Chapel Hill, N.C., campus and launch newco Qura Therapeutics aimed at curing HIV …

    Published on 5/11/2015
  • COMPANY NEWS: Juno acquires manufacturing play Stage

    Juno Therapeutics Inc. (NASDAQ:JUNO) acquired cell therapy manufacturing company Stage Cell Therapeutics GmbH (Gottingen, Germany) to help produce its chimeric antigen receptor (CAR) and T cell receptor (TCR) therapies.…

    Published on 5/11/2015
  • COMPANY NEWS: Management tracks

    Vaccine play PaxVax Inc. (Redwood City, Calif.) promoted Nima Farzan to CEO from COO; he will remain president. Farzan will replace Kenneth Kelly, who will remain a director.Patient networking company PatientsLikeMe Inc…

    Published on 5/11/2015
  • COMPANY NEWS: Pfizer, AM-Pharma in equity/option deal

    Pfizer Inc. (NYSE:PFE) purchased an equity stake in renal company AM-Pharma B.V. (Bunnik, the Netherlands) and obtained an exclusive option to acquire the remainder of the company. Pfizer can exercise the option when an…

    Published on 5/11/2015
  • COMPANY NEWS: Project Data Sphere tops first-year target

    Data-sharing consortium Project Data Sphere LLC said on Monday that it accrued comparator-arm clinical trial data from 26,000 patient lives, which surpassed the first-year target of 25,000 lives the not-for-profit set …

    Published on 5/11/2015
  • COMPANY NEWS: Alder fleshes out timeline for migraine candidate

    Alder Biopharmaceuticals Inc. (NASDAQ:ALDR) gained $7.04 (23%) to $37.23 on Friday after spelling out milestones expected next half for migraine candidate ALD403 during its 1Q15 earnings call.Alder plans to begin a …

    Published on 5/8/2015
  • COMPANY NEWS: Amarin sues FDA on free speech grounds

    Amarin Corp. plc (NASDAQ:AMRN) filed a lawsuit against FDA seeking a judicial declaration that the agency's regulation prohibiting Amarin from providing "truthful and non-misleading information" to healthcare …

    Published on 5/8/2015
  • COMPANY NEWS: Bass revs up Revlimid challenge

    Hedge fund manager Kyle Bass filed a second inter partes review (IPR) challenging a patent covering Revlimid lenalidomide from Celgene Corp. (NASDAQ:CELG), the latest in a string of challenges.The Coalition for …

    Published on 5/8/2015
  • COMPANY NEWS: FDA lifts clinical hold on NeuroDerm's PD therapies

    NeuroDerm Ltd. (NASDAQ:NDRM) gained $1.24 (11%) to $12.62 on Friday after FDA lifted a clinical hold on its Parkinson's disease candidates ND0612H and ND0612L. The company plans to begin U.S. clinical trials next half.…

    Published on 5/8/2015
  • COMPANY NEWS: GSK's mepolizumab gets June 11 FDA panel

    FDA's Pulmonary-Allergy Drugs Advisory Committee will meet on June 11 to discuss a BLA from GlaxoSmithKline plc (LSE:GSK; NYSE:GSK) for mepolizumab as maintenance therapy for patients with severe eosinophilic asthma. …

    Published on 5/8/2015
  • COMPANY NEWS: Management tracks

    Horizon Pharma plc (NASDAQ:HZNP) promoted Brian Beeler to EVP and general counsel from SVP legal and chief compliance officer. The company also named Tim Ayers VP and chief compliance officer. Ayers was a principal and …

    Published on 5/8/2015
  • COMPANY NEWS: Orexigen's Contrave closes gap with rivals

    Orexigen Therapeutics Inc. (NASDAQ:OREX) reported $11.5 million in net U.S. sales of obesity drug Contrave naltrexone/bupropion in 1Q15, its first full quarter on the market. The company had reported $6.5 million in …

    Published on 5/8/2015
  • COMPANY NEWS: Vertex gains despite mixed Orkambi briefing docs

    Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) gained $2.36 to $127.41 on Friday despite mixed comments by FDA reviewers on Orkambi, the company's combination of lumacaftor (VX-809) and Kalydeco ivacaftor, to treat cystic …

    Published on 5/8/2015
  • COMPANY NEWS: China's top court invalidates Lipitor patent

    China's Supreme People's Court ruled invalid a patent covering crystalline formulations of Lipitor atorvastatin from Pfizer Inc. (NYSE:PFE), preventing it from suing generic makers and opening the door to additional …

    Published on 5/7/2015
  • COMPANY NEWS: Gilead shareholders vote against price disclosure proposal

    Shareholders in Gilead Sciences Inc. (NASDAQ:GILD) voted against a proposal asking the company to disclose risks related to its drug pricing strategies.The proposal, put forth by the UAW Retiree Medical Benefits Trust, …

    Published on 5/7/2015
  • COMPANY NEWS: J&J enlists NYU to evaluate compassionate use requests

    Johnson & Johnson (NYSE:JNJ) said New York University School of Medicine will establish the Compassionate-Use Advisory Committee (CompAC), an independent committee to help the company evaluate compassionate use requests…

    Published on 5/7/2015
  • COMPANY NEWS: Management tracks

    Immunotherapy play Surface Oncology Inc. (Cambridge, Mass.) named Detlev Biniszkiewicz president and CEO. Biniszkiewcz was VP of oncology strategy at AstraZeneca plc (LSE:AZN; NYSE:AZN).Cancer play Ziopharm Oncology Inc…

    Published on 5/7/2015
  • COMPANY NEWS: MorphoSys acquires Lanthio

    MorphoSys AG (Xetra:MOR; Pink:MPSYF) said it will acquire all the shares it does not already own of Lanthio Pharma B.V. (Groningen, the Netherlands) for EUR 20 million ($22.3 million). MorphoSys, which invested in …

    Published on 5/7/2015

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