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Sanofi, Formation Bio and OpenAI announce first-in-class AI collaboration

May 22, 2024
Sanofi, Formation Bio and OpenAI are collaborating to build AI-powered software to accelerate drug development and bring new medicines to patients more efficiently. The three teams will…
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AltruBio Secures up to $225M Oversubscribed Series B Financing to Advance the Clinical Development…

May 22, 2024
AltruBio Inc., a clinical stage biotechnology company dedicated to the development of novel therapeutics for the treatment of immunological diseases with high unmet medical needs,…
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Genmab Completes Acquisition of ProfoundBio

May 22, 2024
Genmab A/S announced that it has completed its acquisition of ProfoundBio, Inc., a clinical-stage biotechnology company developing next-generation antibody-drug conjugates (ADC)s and…
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AstraZeneca plans $1.5 billion manufacturing facility for antibody drug conjugates (ADCs) in…

May 22, 2024
AstraZeneca intends to build a $1.5 billion manufacturing facility in Singapore for antibody drug conjugates (ADCs), enhancing global supply of its ADC portfolio. ADCs are…
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Alvotech and Dr. Reddy’s enter into collaboration for commercialization of AVT03 (denosumab), a…

May 21, 2024
Alvotech, a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide (“Alvotech”), and Dr. Reddy’s Laboratories SA,…
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FDA Grants Breakthrough Therapy Designation to Genentech’s Inavolisib for Advanced Hormone…

May 20, 2024
Genentech, a member of the Roche Group announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation for inavolisib, an investigational oral…
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Moffitt Cancer Center and Fulgent Pharma Join Forces to Revolutionize Cancer Therapeutics

May 15, 2024
Moffitt Cancer Center, a world-renowned cancer treatment and research center, and Fulgent Pharma, a subsidiary of Fulgent Genetics, Inc. and a leading nanobiotechnology company…
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AbbVie and Gilgamesh Pharmaceuticals Announce Collaboration and Option-to-License Agreement to…

May 15, 2024
AbbVie and Gilgamesh Pharmaceuticals announced a collaboration and option-to-license agreement to develop next-generation therapies for psychiatric disorders. This collaboration will…
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Nabla Bio Secures $26M Series A Financing and Collaborations with AstraZeneca, Bristol Myers Squibb…

May 15, 2024
Nabla Bio, pioneers in generative protein design, announced the close of a $26 million Series A financing, led by Radical Ventures with participation from all existing investors, and…
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WestGene’s mRNA Therapeutic Cancer Vaccine Receives FDA Approval

May 13, 2024
WestGene, a biotech company dedicated to mRNA technology, announces a historic milestone with the FDA IND approval of its mRNA therapeutic cancer vaccine, WGc-043. This landmark…
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Industry Reports

Amgen Acquires Dark Blue to Advance Novel AML Treatments

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Press Releases

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FDA, Health Canada & Leading Biopharma Organizations…

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