OncoMed Loses Another Asset – Rosmantuzumab – And CEO Paul Hastings

Loss of anti-RSPO-3 antibody rosmantuzumab, partnered with Celgene, means a rough start to the year, following disappointments in 2017.

Glass broken cracks splinters

OncoMed Pharmaceuticals Inc. started the new year with more bad clinical news – the failure of yet another asset, this time the Celgene Corp.-partnered anti-RSPO3 antibody rosmantuzumab – and the departure of ailing CEO Paul Hastings.

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