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AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

by John Conrad | Jun 28, 2024 | NewsBrief

AbbVie continues to bolster its immunology portfolio beyond Humira, announcing on Thursday its acquisition of early-stage biotech Celsius Therapeutics for $250 million in cash. This move aims to strengthen AbbVie’s longer-term prospects in inflammatory bowel...
Meitheal Pharmaceuticals Expands Biosimilar Portfolio with YUSIMRY®

Meitheal Pharmaceuticals Expands Biosimilar Portfolio with YUSIMRY®

by John Conrad | Jun 28, 2024 | NewsBrief

Meitheal Pharmaceuticals, a Chicago-based biopharmaceutical company, has made a significant move in the biosimilars market by acquiring exclusive U.S. commercial rights to YUSIMRY® (adalimumab-aqvh), a biosimilar of the widely-used drug Humira®. This strategic...
Revolutionizing Cardiovascular Care: Tempus’ AI Algorithm Gains FDA Approval

Revolutionizing Cardiovascular Care: Tempus’ AI Algorithm Gains FDA Approval

by John Conrad | Jun 27, 2024 | NewsBrief

Tempus AI, Inc. (NASDAQ: TEM) has achieved a significant milestone in the field of artificial intelligence and precision medicine. The company recently announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its innovative...
AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

AbbVie/Genmab’s Epkinly Receives FDA Accelerated Approval for Follicular Lymphoma

by John Conrad | Jun 27, 2024 | NewsBrief

The U.S. Food and Drug Administration (FDA) has granted accelerated approval to Epkinly (epcoritamab-bysp), a joint development by AbbVie and Genmab, for the treatment of adults with relapsed or refractory (R/R) follicular lymphoma (FL). This approval specifically...
Breakthrough in Heart Failure Management: Endotronix’s Cordella System Receives FDA Approval

Breakthrough in Heart Failure Management: Endotronix’s Cordella System Receives FDA Approval

by John Conrad | Jun 25, 2024 | NewsBrief

In a significant advancement for heart failure treatment, Endotronix, Inc. has announced FDA Premarket Approval for their Cordella™ Pulmonary Artery (PA) Sensor System. This innovative technology promises to revolutionize the way we manage heart failure patients,...
John Flavin Discusses GLP-1 Drugs and Biotech Investing on Fast Money

John Flavin Discusses GLP-1 Drugs and Biotech Investing on Fast Money

by John Conrad | Jun 17, 2024 | NewsBrief

John Flavin, CEO of Portal Innovations, recently appeared on CNBC’s Fast Money to discuss GLP-1 drugs, early-stage biotech investing, and Portal’s unique investment model. On the topic of GLP-1 drugs for obesity and diabetes, Flavin noted that while there...
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