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BioWorld - Friday, December 12, 2025
Home » Newsletters » BioWorld

BioWorld

Nov. 22, 2011

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Gilead's $11B Pharmasset Buy Validates Nuc Prodrug Strategy

Thanksgiving came early for Pharmasset Inc. with the news that Gilead Sciences Inc. will gobble it up in a deal valued at $11 billion. Read More

Will Deal Pave the Way for Other Moves in HCV Space?

As analysts and investors digested the implications of the colossal combination of Gilead Sciences Inc. and Pharmasset Inc. on the hepatitis C virus (HCV) market, some began to speculate on the logical next question: What comes next? Read More

Lower-Priced Eylea Taking on Lucentis in Growing AMD Space

Regeneron Pharmaceuticals Inc.'s Eylea (aflibercept) hits the market this week, and analysts are looking to its less frequent dosing schedule and lower cost to nab a substantial portion of the market from Roche AG's reigning VEGF inhibitors – Lucentis (ranibizumab) and cheaper off-label cancer drug Avastin (bevacizumab) – in wet age-related macular degeneration (AMD). Read More

Portola Ready to Fly Solo On Pivotal Betrixaban Trial

Having raised $89 million in its latest financing round, Portola Pharmaceuticals Inc. is preparing to fly solo on its pivotal Phase III trial that will evaluate betrixaban in the prevention of pulmonary embolisms. Read More

Wounds, Skin Diseases? Start-up HealOr Has it Covered

Chronic wounds are a major source of morbidity, particularly for patients who are elderly, diabetic or who have multiple medical problems. The standard of care for treating such wounds, particularly foot ulcers, results in complete healing in only 33 percent of the patients. Read More

Stock Movers

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Other News To Note

• Dendreon Corp., of Seattle, said that under an updated coverage policy, the Centers for Medicare & Medicaid Services (CMS) will now cover the infusion costs associated with the administration of Provenge (sipuleucel-T). Read More

Clinic Roundup

• Celldex Therapeutics Inc., of Needham, Mass., presented Phase II data showing rindopepimut (CDX-110) resulted in final overall survival of 24.6 months from diagnosis of EGFRvIII-positive glioblastoma, compared to 15.2 months for a historic control. Read More

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