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Los Angeles Biotech News

ImmunityBio Appoints Fabio M. Benedetti, M.D., as Chief Strategy Officer

CULVER CITY, Calif.–(BUSINESS WIRE)–ImmunityBio, Inc., a privately-held immunotherapy company, today announced that it has appointed Fabio M. Benedetti, M.D., as Chief Strategy Officer, effective January 4, 2021. Dr. Benedetti brings more than 20 yea… […]

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Los Angeles Biotech News

Amgen hands off licensing rights to leprosy, tuberculosis med picked up as part of $13.4B Otezla deal

Amgen scored a big pickup with its acquisition of immunology blockbuster Otezla from Bristol Myers Squibb late last year. But that deal also came with a molecule for tuberculosis and leprosy with significantly less commercial value, and Amgen is ready … […]

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Los Angeles Biotech News

Amgen hands off licensing rights to leprosy, tuberculosis med picked up as part of $13.4B Otezla deal

Amgen scored a big pickup with its acquisition of immunology blockbuster Otezla from Bristol Myers Squibb late last year. But that deal also came with a molecule for tuberculosis and leprosy with significantly less commercial value, and Amgen is ready … […]

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Los Angeles Biotech News

Cytokinetics may walk a lonely road to market with tarnished heart med omecamtiv after last partner bows out

Once flush with partners for heart failure drug omecamtiv mecarbil, Cytokinetics watched its longtime ally Amgen flee last month over weak data from a Phase III trial. Now, Cytokinetics’ last running mate is hitting the exit — leaving omecamtiv on an u… […]

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Los Angeles Biotech News

Cytokinetics may walk a lonely road to market with tarnished heart med omecamtiv after last partner bows out

Once flush with partners for heart failure drug omecamtiv mecarbil, Cytokinetics watched its longtime ally Amgen flee last month over weak data from a Phase III trial. Now, Cytokinetics’ last running mate is hitting the exit — leaving omecamtiv on an u… […]

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Los Angeles Biotech News

Alnylam bids adieu to 2020 — and hello to a slate of new execs; Novavax taps Rick Crowley as COO

→ John Maraganore is closing out the year with a surge of new hires at Alnylam just a month after lumasiran notched an FDA approval for primary hyperoxaluria type 1 (PH1). Tolga Tanguler, who takes on the role of chief commercial officer, has Big Pharm… […]

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Los Angeles Biotech News

Novus Therapeutics Announces Results of Special Meeting of Stockholders

IRVINE, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) — Novus Therapeutics, Inc. (“Novus”) (NASDAQ: NVUS), a clinical stage biopharmaceutical company focused on developing life-changing, targeted medicines for patients undergoing organ or cellular transpla… […]

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Los Angeles Biotech News

XPRIZE Announces Winners of Million Dollar Next-Gen Mask Challenge to Reveal the Next Generation of Face Masks Following a Virtual Pitch Slam

LOS ANGELES–(BUSINESS WIRE)–XPRIZE, a nonprofit organization that uses global competitions to crowdsource solutions to some of the world’s biggest challenges, is pleased to announce that, following last week’s pitch slam, Luminosity Lab from the Unit… […]

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Los Angeles Biotech News

Introducing Purlab, the User-Friendly At-Home COVID-19 Testing Platform That Delivers Results in as Few as 24 Hours

LOS ANGELES–(BUSINESS WIRE)–Purlab, the at-home saliva-based COVID-19 testing solution for individuals, companies and schools, created to make testing easy and accessible, has launched. The robust proprietary technology allows for a user-friendly pro… […]

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Los Angeles Biotech News

Finalists Selected in $6 Million XPRIZE Rapid Covid Testing Competition to Help Restart Global Economy

LOS ANGELES–(BUSINESS WIRE)–XPRIZE, the world’s leader in designing and operating incentive competitions to solve humanity’s grand challenges, today announced the 20 finalist teams advancing in the $6 million XPRIZE Rapid Covid Testing prize, a compe… […]