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Home » Authors » Lee Landenberger

Articles by Lee Landenberger

Handshake dollar sign

Cadent acquired by Novartis in a $770M deal

Dec. 17, 2020
By Lee Landenberger
By acquiring privately held Cadent Therapeutics Inc., Novartis AG gains full rights to Cadent’s allosteric modulator program, part of which the two companies began collaborating on in 2015, and all the company’s outstanding stock. Cambridge, Mass.-based Cadent will receive as much as $770 million, $210 million of it up front, plus $560 million in milestones.
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Pancreas

Biolinerx posts positive cancer data but the stock stumbles

Dec. 16, 2020
By Lee Landenberger
Positive results from the triple-combination arm of Biolinerx Ltd.’s phase IIa study of motixafortide as a combination therapy in incredibly tough-to-handle stage IV pancreatic cancer point toward a next study, yet the stock took a battering.
Read More

Athenex and Almirall’s actinic keratosis treatment receives FDA approval

Dec. 15, 2020
By Lee Landenberger
Christmas arrived early for Athenex Inc. as the FDA approved Klisyri (tirbanibulin) for treating actinic keratosis on the face or scalp nearly two weeks before the treatment’s PDUFA date.
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Athenex and Almirall’s actinic keratosis treatment receives FDA approval

Dec. 15, 2020
By Lee Landenberger

A bigger bang: Astrazeneca acquires Alexion for $39B

Dec. 12, 2020
By Lee Landenberger
In the biggest deal of a year packed with massive deals, Astrazeneca plc will buy Alexion Pharmaceuticals Inc. in a cash and stock transaction at $175 per share totaling $39 billion.
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COVID-19 vaccine vials

Sanofi-GSK delay their COVID-19 vaccine development as Astrazeneca partners with Russia

Dec. 11, 2020
By Lee Landenberger
The Sanofi SA-Glaxosmithkline plc COVID-19 vaccine program is taking a step backward to recalibrate as weak interim phase I/II data showed an insufficient response in patients age 50 and older. The step is a large one, delaying a potential launch until mid-2021 at the earliest and the end of next year at the latest.
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Sanofi-GSK delay their COVID-19 vaccine development as Astrazeneca partners with Russia

Dec. 11, 2020
By Lee Landenberger

Solid phase III studies of ublituximab in MS boost TG

Dec. 10, 2020
By Lee Landenberger
Both phase III studies of ublituximab, an anti-CD20 monoclonal antibody from TG Therapeutics Inc., of New York, met their primary endpoints of significantly reducing the annualized relapse rate in multiple sclerosis (MS) patients. Company stock (NASDAQ:TGTX) received a solid bump Dec. 10 as shares closed 40.85% higher at $41.72. T
Read More
Breast cancer awareness

Greenwich soars nearly 1,000% on strong breast cancer survival rates

Dec. 9, 2020
By Lee Landenberger
New five-year breast cancer survival data from Greenwich Lifesciences Inc. ignited its stock for a wild ride that climbed nearly 1,000% upward Dec. 9, marking one of the biotech sector’s biggest single-day gains in 2020.
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Word of mouth: Cortexyme’s Alzheimer’s trial focuses on gum disease

Dec. 4, 2020
By Lee Landenberger
The independent data monitoring committee overseeing Cortexyme Inc.’s phase II/III trial of atuzaginstat (COR-388), a gingipain inhibitor for patients with Alzheimer’s disease, has recommended the study continue to its one-year endpoint.
Read More
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