Top 5 News: 10/23-10/30
1) FDA approves cancer treatment that uses virus to attack tumors – Boston Globe, 10/27/2015
Approved by the Food and Drug Administration on Tuesday for treating advanced-stage melanoma, the virus — called Imlygic, which was developed in part in a Massachusetts lab — is a modified version of the herpes virus that both attacks the cancer and sparks the immune system into action against tumors.
2) King Street to build new lab building in the ‘next Kendall Square’ – BBJ, 10/27/2015
In a show of confidence in the continued growth of the biotech industry outside Cambridge, a Cambridge real estate firm is building what it says will be the biggest “on-spec” lab space ever seen in Boston’s suburbs.
3) Vertex puts $105 million into gene editing startup – Boston Globe, 10/26/2015
Vertex Pharmaceuticals Inc. is betting on a hot new technique in drug development to expand its cystic fibrosis pipeline and move into new treatment areas.The Boston company said Monday that it struck a $105 million cash and equity deal with CRISPR Therapeutics, a Swiss startup in the emerging field of gene editing.
4) Top women in biopharma 2015 – FierceBiotech, 10/28/2015
This year’s fiercest women in biopharma are seemingly doing it all. Pioneering a fully integrated biotech in China? Check. Leading aging research at Google’s mysterious new life sciences upstart? Check. Changing the game for biotech innovators? Running the world’s largest consumer health player? Blazing the off-P&L financing trail? Check, check, check.
5) Viewpoint: Why cost controls will undermine innovation, healthy outcomes – BBJ, 10/23/2015
Massachusetts’ companies are tackling some of the most difficult scientific challenges of our time, and we should continue to encourage the risk-taking and discovery we’re known for. Legislating drug pricing or instituting caps will undermine the recent economic and scientific growth the Commonwealth has seen, and will negatively impact patients.
Posted on October 30, 2015, in News Roundup and tagged Amgen, Cancer, Crispr Therapeutics, Drug Costs, Drug Pricing, FDA, Imlygic, King Street, Melanoma, Top Women in Biopharma, Vertex. Bookmark the permalink. Leave a comment.