Biotechnology

Fujifilm to Invest $40M in Viral Vector Manufacturing Facility

by Samantha McGrail

Fujifilm Corporation will invest $40 million to establish a new processing facility to advance viral vector manufacturing and perform cutting-edge research in the field of advanced therapies in the...

AstraZeneca to Acquire Alexion in $39B Pharma Deal

by Samantha McGrail

AstraZeneca recently acquired Boston-based rare disease specialist, Alexion Pharmaceuticals, in a $39 billion pharmaceutical acquisition deal.  Notably, the deal will be AstraZeneca’s...

Definitive Healthcare Makes Another Key Life Sciences Acquisition

by Kyle Murphy, PhD

Data analytics and business intelligence company Definitive Healthcare continues to expand its footprint in the life sciences space with the acquisition of Monocl, the company announced. Headquartered...

Exploring the Most Favored Nation Approach for Drug Pricing

by Samantha McGrail

According to the White House, this strategy would allow Americans to receive the same low prices for prescription medications that are available in other countries.  But many stakeholders have...

Harvard Launches Spinout to Address mRNA, CRISPR Challenges

by Samantha McGrail

Harvard University recently launched Vesigen Therapeutics, which will address the challenges of delivering RNAi, mRNA, and CRISPR technologies to intracellular targets in specific tissues of...

FDA Backs New Effort to Repurpose Drugs As COVID-19 Treatments

by Samantha McGrail

FDA is teaming up with the Critical Path Institute and National Center for Advancing Translational Sciences (NCATS) to launch the CURE Drug Repurposing Collaboratory (CDRC) to evaluate existing drugs...

Gilead, Kite Ink Deal with oNKo-innate for Cancer Immunotherapies

by Samantha McGrail

Three pharmaceutical companies recently formed a partnership to support the discovery and development of next-generation cancer immunotherapies.  For more coronavirus updates, visit...

CRISPR Technology Detects COVID-19 From Respiratory RNA Extracts

by Samantha McGrail

The lack of rapid and accurate molecular diagnostic testing has impeded the healthcare system’s response to the COVID-19 pandemic. Recently, researchers developed rapid, easy-to-implement, and...

Sage Reduces its Workforce by Over 50% Due to COVID-19 Pandemic

by Samantha McGrail

Biopharmaceutical company, Sage Therapeutics, recently announced that it is restructuring its workforce to advance its corporate strategy and pipeline due to the COVID-19 pandemic. For more...

GSK, Vir Use CRISPR, Artificial Intelligence to Find COVID-19 Cure

by Samantha McGrail

GlaxoSmithKline (GSK) and Vir Biotechnology recently announced a collaboration to enhance COVID-19 drug discovery through the use of CRISPR and artificial intelligence. For more coronavirus updates,...

FDA Approves Roche’s Biomarker Test for At-Risk HPV Infections

by Samantha McGrail

Earlier this week, Roche announced that the FDA approved its CINtec PLUS Cytology as the first biomarker-based triage test for women whose primary cervical cancer screening results are positive for the...

MassBio, Bayer Launch Center for Startups in the Biotech Space

by Samantha McGrail

MassBio and Bayer recently announced the Center for Regulatory Excellence, a first-of-its-kind forum that will be open to all startups and academia in the biotech and digital health space to learn from...

HHS Launches Foundry for American Biotechnology to Spur Innovation

by Ana Mulero

HHS launched on Monday the nation’s first Foundry for American Biotechnology for producing technological solutions that help protect against and respond to health security threats, as well as...

FDA, FTC Join Forces on Biologics Competition

by Ana Mulero

The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) on Monday issued a set of four joint goals to support a competitive US marketplace for approved biological products,...

FDA Aims to Bolster Gene Therapy Development with New Guidance

by Ana Mulero

US Food and Drug Administration (FDA) recently issued six final guidances and draft guidance to advance gene therapy development by clarifying the policy framework for development and...

CEPI Pushes for Vaccine as Coronavirus Spreads

by Ana Mulero

The Coalition for Epidemic Preparedness Innovations launched three programs to develop vaccines for the coronavirus, including through partnerships with US-based biotechnology companies Inovio...

Biotech to be ‘Extremely Active’ in 2020 Mergers and Acquisitions

by Ana Mulero

A PriceWaterhouseCoopers report predicts biotechnology firms will be “extremely active” in merger and acquisition activity and drive pharmaceutical firms’ activity in 2020. Last year...

2020 Poised to be Another Life Sciences M&A ‘Mega’ Year

by Ana Mulero

2020 will be another blockbuster year for life sciences mergers and acquisitions, according to a recent report from Ernst & Young Health Sciences and Wellness. And companies' interest in...

Definitive Healthcare Acquires PatientFinder, Eyes Life Sciences

by Kyle Murphy, PhD

Nearly a year to the day after acquiring a portion of HIMSS Analytics, data analytics and business intelligence company Definitive Healthcare has announced the acquisition of software analytics firm...

FTC Thwarts $1.2B Illumina-Pacific Biosciences Takeover

by Ana Mulero

California-based manufacturers of next-generation DNA sequencing (NGS) technology platforms Illumina and Pacific Biosciences of California (PacBio) recently decided to terminate their $1.2-billion...