This week biotech giant Celgene Corporation announced that it’s president and chief operating officer, Scott A. Smith, has decided to leave his position immediately. In his place, CEO and chairman Mark J. Alles, who has had the position since 2016, will be taking over his responsibilities. According to Celgene, there is a “resuffling” of its … Continue reading “Celgene Loses its President and COO”
Biotech & Pharma
Alkermes Shares Collapse as FDA Refuses to Review its MLajor Depressive Disorder Drug
Shares of biotech stock Alkermes were falling into the red on Monday after the Food…
GlaxoSmithKline to Buy Novartis AG’s Stake in Consumer-Health Joint Venture for $13B
One of the biggest headlines in the healthcare arena on Tuesday was that GlaxoSmithKline Plc,…
Japan Just Approved a Drug That Promises to Kill Flu in Only 24 Hours
It has been a very scary flu season this year as some people, young and…
Allergan Smashes in its Earnings Report
Biopharma company Allergan has reported stellar fourth-quarter adjusted earnings. The company also revealed that the…
Warren Buffet, Jeff Bezos, and Jamie Dimon are Shaking up the Healthcare Industry
One of the biggest headlines on Tuesday was the announcement that Amazon's CEO Jeff Bezos,…
Sanofi is Closing a Deal to Buy This U.S. Drug Maker
Reported on Monday by the Wall Street Journal which cited people who are close to…
Gilead Sciences Will Collaborate with Pfizer Over This Therapy
It was announced this week that Kite Pharma Inc., a subsidiary of Gilead Sciences, has…
Spark Therapeutics Can Cure Rare Blindness For $850,000
Spark Therapeutics' Luxturna is a gene therapy that treats a rare inherited retinal disease that…
Trevena Soars on FDA News Over Opioid Replacement Pain Killer
Trevena shares were on fire in after hours trading on Tuesday after the biotech company…
The FDA Has Approved Spark Therapeutics’ Luxturna Therapy
In what is the first in the field of gene therapy, Spark Therapeutics' Luxturna has…
Sage Therapeutics Shares Skyrocket on Positive Depression Drug Trial Results
Shares of Sage Therapeutics were climbing fast on Thursday after the company announced positive mid-stage…
Neuralstem Explodes on Positive Phase 2 Clinical Data
Shares of Neuralstem were exploding in Tuesday trading and closed the day up 175% after…
First Digital Pill is Approved by the FDA
There's now a way for doctors to truly know if a patient has taken their…
