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3 Top Biotech News Of The Week (27 August 22)

3 Top Biotech News Of The Week (27 August 22)

1. Kymera raises $150 million through the sale of shares to fund development of its clinical and preclinical assets Kymera which focuses on targeted protein degradation announced that it is raising $150 million to support its ongoing research and development programs and for general corporate purposes. The biotech has three
Biocompounding Aug 28, 2022
3 Top Biotech News Of The Week (20 August 22)

3 Top Biotech News Of The Week (20 August 22)

1. Merck makes big R&D investment with $3.5B Orna deal ORNA Therapeutics recently struck a deal with Merck to collaborate on the advancement of Orna’s Next Generation of RNA Technology. What does ORNA Therapeutics do? In the next revolution in RNA therapeutics, oRNA molecules are engineered
Biocompounding Aug 21, 2022
3 Top Biotech News Of The Week (13 August 22)

3 Top Biotech News Of The Week (13 August 22)

1) Pfizer's acquisition of Global Blood Therapeutics The acquisitions continue! This week Pfizer reported that it will be acquiring Global Blood Therapeutics (GBT) for $5.4B. The proposed acquisition is expected to drive growth by bringing GBT's sickle cell disease (SCD) expertise together with a robust
Biocompounding Aug 14, 2022
3 Top Biotech News Of The Week (30 July 22)

3 Top Biotech News Of The Week (30 July 22)

On Wednesday, the Federal Reserve raised interest rates by 75 basis points, at the same time, however, stocks closed the week higher with S&P 500 posting the best month since 2020. The biotech sector on the other hand had a relatively flat week, with the $XBI index rising
Biocompounding Jul 31, 2022

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