The ongoing search for better and safer treatments for multiple myeloma, a type of blood cancer, has taken a significant step forward with the development of a new cell therapy by Arcellx and Gilead Sciences. The pioneering approach demonstrated a substantial reduction or total eradication of
In a significant move, Compass Pathways has announced its decision to lay off 30% of its workforce, streamline its research efforts, and explore selling its digital technologies. This decision comes in response to delays in the development of its lead drug, a synthetic form of psilocybin aimed at
Digital Polymerase Chain Reaction (PCR), especially Droplet Digital PCR (ddPCR) technology developed by Bio-Rad, has revolutionized the landscape of nucleic acid quantification, offering unmatched precision, sensitivity, and absolute quantification of nucleic acids. This third generation of PCR
In a significant development, Monte Rosa Therapeutics, a biotechnology company based in Boston, has finalized a highly lucrative global exclusive development and commercialization license agreement with Novartis valued at up to $2.1 billion on October 28, 2024. Monte Rosa Therapeutics is focused on
In a landmark event for Denmark’s technology landscape, the nation's first AI supercomputer, Gefion, has been officially inaugurated. This momentous occasion promises to expedite drug discovery and address a variety of societal challenges. The Novo Nordisk Foundation, a principal player in the
The establishment of the BioHub Maryland Training and Education Center in Montgomery County marks a pivotal moment for the biopharma industry, both locally and nationally. With a $3 million investment from Montgomery County coupled with an additional $1.25 million from the Moore-Miller
Ardena, a prominent Contract Development and Manufacturing Organization (CDMO) in the pharmaceutical sector, is expanding its Bioanalytical Services in the Netherlands in a substantial way. The company's latest strategic initiatives involve establishing a state-of-the-art bioanalytical laboratory
Monte Rosa Therapeutics, Inc., and Novartis have recently entered into an exclusive global development and commercialization license agreement that aims to advance molecular glue degraders (MGDs), with a particular focus on MRT-6160. This agreement grants Novartis the worldwide rights to develop,
Abzena, a contract development and manufacturing organization (CDMO) specializing in complex biologics and bioconjugates, has announced an expansion of its quality control (QC) testing capabilities with a new microbiology lab in San Diego. The new facility is dedicated to enhancing analytical
In a remarkable advancement in the fight against malaria, The Medicines for Malaria Venture (MMV) and Quotient Sciences have initiated a Phase 1 clinical trial for MMV371, a long-acting injectable (LAI) malaria preventive. Conducted with healthy volunteers in Nottingham, UK, this trial represents a
