The global biopharmaceutical sector generated $16 billion in the third quarter of the year, adding to the almost $38 billion it raised in the first half of the year. According to BioWorld data, the collective $54 billion the sector has brought in at the three quarter post is 4 percent more than the total it raised at this point last year. The sector is poised to post a record year for the amount of cash it hauled in and to top the $69 billion raised in 2015.

The global biopharmaceutical sector generated $16 billion in the third quarter of the year, adding to the almost $38 billion it raised in the first half of the year. According to BioWorld data, the collective $54 billion the sector has brought in at the three quarter post is 4 percent more than the total it raised at this point last year. The sector is poised to post a record year for the amount of cash it hauled in and to top the $69 billion raised in 2015.

Cholangiocarcinoma, also known as bile duct cancer, is one of those rare diseases that previously gained little attention from the biopharma community. It has a small population and is challenging to treat. About 8,000 people in the U.S. are diagnosed each year, and most learn they have the disease at the late stages when the prognosis is poor.

Cholangiocarcinoma, also known as bile duct cancer, is one of those rare diseases that previously gained little attention from the biopharma community. It has a small population and is challenging to treat. About 8,000 people in the U.S. are diagnosed each year, and most learn they have the disease at the late stages when the prognosis is poor.

At the midpoint of the year, the global biopharma industry has recorded 554 partnering deals – a total that suggests that companies are still maintaining a high priority on business development through collaborations to help them execute on their business plans. The volume of partnering deals recorded by BioWorld in the second quarter, at 281, was about the same as those completed in the first quarter. However, year to date, the total number of transactions are about 10 percent down from the total recorded at this time last year. (See Volume of biopharma deals, right.)

At the midpoint of the year, the global biopharma industry has recorded 554 partnering deals – a total that suggests that companies are still maintaining a high priority on business development through collaborations to help them execute on their business plans. The volume of partnering deals recorded by BioWorld in the second quarter, at 281, was about the same as those completed in the first quarter. However, year to date, the total number of transactions are about 10 percent down from the total recorded at this time last year. 

The med-tech financial landscape is continuing an upturn after investments languished following the 2008 recession. While other health care sectors recovered sooner, companies that produce medical technologies resurged last year with a growing interest from investors in digital technologies that fit well with an outcome-based reimbursement model. Financings tracked by BioWorld MedTech indicate that 2018 is holding steady with the prior year. Public markets are outperforming other health care sectors, and series A investing is at a decade high.

The global biopharmaceutical sector brought in more than $15 billion to its collective coffers in the second quarter of the year, adding to the almost $23 billion it raised in the first quarter. According to BioWorld data, the $38 billion generated in the first half of the year overshadowed the $18.79 billion raised in the same period last year. The 2018 total now represents a significant record for the amount of cash that has been invested into the industry during a six-month period, beating by a wide margin the previous record established in 2015 when $27.2 billion was raised. 

On what planet are the PABNAB (Party at BIO not associated with BIO) organizers living to think it was acceptable to spotlight topless dancers with company logos painted on their bodies at an apparent business networking event? It is reasonable to believe the 40-plus sponsors of the event in Boston last week would not want their brands associated with such an archaic objectifying source of “fun,” and the Biotechnology Innovation Organization (BIO) itself, which held its annual international convention at the same time in Boston, has publicly denounced the party, putting at risk the membership of those who support similar...

Less than two weeks after filing for an IPO, Translate Bio Inc. landed an $805 million research and development deal focused on messenger RNA (mRNA) vaccines for five infectious pathogens.