Xconomy

AUGUST 12, 2016

The new company, expected to launch in 2017, will trade on the Nasdaq under the symbol “BIVV” when the split is complete. —This week’s gene therapy news: MIT Technology Review reported that Strimvelis, the gene therapy recently approved in Europe and given a $665,000 price tag, has a money-back guarantee if it doesn’t work.

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Both Sides of the Table

SEPTEMBER 17, 2017

I believe this use of cryptocurrency will develop and flourish long after the dust settles from the hype and crash of cryptocurrencies that we’re experiencing in 2017. Decentralized Internet — This is perhaps the most unsexy part of cryptocurrency but the one that most purists I follow on this topic are most excited about.

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Xconomy

JULY 19, 2019

In late 2017, a federal watchdog unit assigned a working group to keep an eye on cryptocurrencies such as Bitcoin, and to sound an alert if those alternate currencies showed signs of becoming a risk to the stability of the US financial system.

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Xconomy

AUGUST 26, 2016

Mylan bumped up the price of the EpiPen 400 percent, presidential nominee Hillary Clinton responded with a tirade against drug price hikes, and—much like when Clinton railed against drug pricing last year—biotech indexes promptly plummeted more than 3 percent. It was the tweet heard around the biotech world, again.

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Xconomy

MARCH 5, 2019

He leaves a record of health and medical regulation that was more active than critics who spoke out against his nomination in early 2017 might have expected. Two months after insisting on Twitter that he wasn’t going anywhere , Food and Drug Administration Commissioner Scott Gottlieb announced his resignation today.

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Xconomy

OCTOBER 7, 2016

The funding could be as much as $100 million, and the first grants will be announced in 2017. PRICE FIGHTS. With some caveats, ICER recommended lower prices. . —The U.S. THE ENVELOPE, PLEASE. —The 2016 Nobel Prize for Physiology or Medicine went to Yoshinori Ohsumi of the Tokyo Institute of Technology.

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Xconomy

JULY 20, 2018

After nearly two years of all smoke, no fire around President Trump’s promise to curtail drug prices, there’s finally some glimmer of action. Pfizer said last week it would halt its price hikes, and Novartis and Merck took similar actions this week. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Xconomy

JANUARY 5, 2018

Hopefully a lot less hatred, greed, stupidity, and angst than 2017. Two other big questions we raised immediately became topics of conversation this week, thanks to Spark Therapeutics, which set the price for its gene therapy—the first ever approved in the U.S.—at Welcome to the new year. What will it bring?

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Xconomy

FEBRUARY 12, 2018

As president-elect, Donald Trump in January 2017 slammed drug companies for “getting away with murder” and said he supported Medicare negotiation. He vowed during last month’s State of the Union speech that drug prices “will come down.” The first is drug importation—bringing in cheaper products from.

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Xconomy

MARCH 8, 2019

In early 2017, Scott Gottlieb was considered the most moderate of the potential candidates to head the Food and Drug Administration, which is the most powerful regulator of medical products in the world. It wasn’t a high bar to clear. Still, Gottlieb had spent time in the George W. His potential financial conflicts, combined.

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Xconomy

DECEMBER 23, 2016

The biggest issues of 2016 are also the biggest questions of 2017: What do the Trump administration and Republican-led Congress have in store for federal health initiatives, laws, and agency budgets? Will government and public pressure force change on drug prices? Or will drug makers and.

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Xconomy

JANUARY 20, 2017

Here’s an excerpt of their Q&A: —What is your biggest healthcare-related fear for 2017? Alex Lash, our national biotech editor, traded e-mails with Bob Nelsen , co-founder and managing director at Arch Venture Partners. Nelsen is based in Seattle). Bob Nelsen Nelsen : Biggest fear is accidental.

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Xconomy

OCTOBER 28, 2016

Two “triple” combination regimens for CF , which are meant to expand the reach of its CF drugs, will begin Phase 2 trials by the end of the year, and two additional new CF drugs will start clinical testing in 2017. THIS WEEK IN DRUG PRICING…. —A coalition of investors pressed drug makers to justify price increases.

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Xconomy

JANUARY 27, 2017

And a group of biotechs led by Jounce Therapeutics were the first to test the IPO market in 2017. A flurry of deals took place, headlined by Johnson & Johnson’s $30 billion gamble on Swiss firm Actelion. Meanwhile in Washington, President Donald Trump spent much of his first week signing executive orders on a variety of.

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Xconomy

NOVEMBER 11, 2016

Drug company stocks got a boost with the defeat of Hillary Clinton, a vocal critic of drug prices. Will he take a softer stance on drug prices? But her near doubling of Trump (62 to 33 percent) didn’t translate into support for drug price controls. Now, the U.S. healthcare sector will try to figure out what it all means.

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