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BioMarin Drops Pompe Drug In Hunt For Profitability

 
• By Lisa LaMotta

BioMarin continues to pare down its portfolio in order to focus its cash on higher value assets in an effort to reach profitability.

Less than two weeks after BioMarin Pharmaceutical Inc. opted to discontinue the entire development of the Prosensa portfolio, the company mentioned it would be abandoning another mid-stage asset for Pompe disease as it tries to be more prudent about spending.

BioMarin has said publicly that it hopes to break even or better in 2017, but that goal is going to...

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Finance Watch: Scorpion Spinout Antares Launches With $177m For Precision Medicines

 
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AstraZeneca Taps Into China’s R&D Engine With CSPC Alliance

 
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After in-licensing a cardiovascular candidate last year, AstraZeneca has signed a strategic drug discovery alliance, which could generate billions of dollars in payments to the Chinese firm.

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AstraZeneca Taps Into China’s R&D Engine With CSPC Alliance

 
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After in-licensing a cardiovascular candidate last year, AstraZeneca has signed a strategic drug discovery alliance, which could generate billions of dollars in payments to the Chinese firm.

Executives On The Move: New CMOs At Instil Bio, Nkarta & Catalyst Pharma

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In Brief: Starton Moves Low-Dose Lenalidomide To Phase IIa For Multiple Myeloma

 
• By Sushmita Panda

Study to add to safety and tolerability data for infused formulation and may help identify optimal dose for future pivotal trial.