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CytRx Climbs as FDA Removes Clinical Hold on Trials Evaluating its Cancer Candidate

Today, CytRx Corporation announced that US health regulators removed a partial clinical hold on its late-stage cancer trials, causing shares to jump ten percent. The company said that the US Food and Drug Administration (FDA) has removed the partial clinical hold on its aldoxorubicin clinical trials, and enrollment and dosing …

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Roche Expands its Rare Disease Portfolio with Trophos Acquisition

Swiss drugmaker Roche has signed an agreement to acquire privately-held Trophos for up to $545 million. The acquisition will provide Roche with Trophos’ candidate for the rare and debilitating spinal muscular atrophy (SMA). Trophos’ proprietary screening platform generated olesoxime (TRO19622), which is in mid-stage development for SMA. SMA is a …

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Intrexon and Ziopharm Oncology Enter CAR-T License Deal with MD Anderson

Intrexon Corporation and its oncology partner Ziopharm Oncology have entered an immunotherapy deal with MD Anderson Cancer Center. The companies announced that they have entered into a broad exclusive licensing agreement with the cancer center, including an exclusive sublicensing agreement through MD Anderson for intellectually property developed at the University …

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Incyte and Agenus Partner for Development of Immuno-Oncology Products

Incyte and Agenus will partner on immuno-oncology targets in a deal worth up to $410 million. The companies announced today that they have entered into a global license, development and commercialization agreement focused on novel immuno-therapeutics using Agenus’ proprietary Retrocycle Display antibody discovery platform. According to terms of the deal, …

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Gilead Inks Exclusive Deal with CVS Health for Hepatitis C Drugs

Gilead Sciences Inc.’s shares were up more than two percent Monday following news that the company gained exclusive coverage from CVS Health Corp. CVS Health, the nation’s second-largest pharmacy benefit managers (PBM), said that it would make Gilead’s drugs, Harvoni and Sovaldi, the exclusive option for patients on its commercial …

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FDA Panel Recommends Approval of Sandoz’s Biosimilar Version of Neupogen

A panel of advisors for the US Food and Drug Administration (FDA) has recommended approval of Novartis’ investigational biosimilar version of Amgen’s Neupogen (filgrastim). The agency’s independent Oncologic Drugs Advisory Committee (ODAC) voted 14-0 in favor of approving Novartis’ biosimilar version of Amgen’s cancer drug Neupogen, which boosts white blood …

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