After paying $100 million in 2013 for the option to buy Boston-based Acetylon Pharmaceuticals and then passing on a deal this August, Celgene purchased part of the cancer drug developer on Friday for an undisclosed sum. Privately-held Acetylon, which has 40 employees, said that it had been acquired by Celgene (Nasdaq: CELG).
BING NEWS:
- Global Citizen NOW urges investment in Sub-Saharan Africa
Global Citizen NOW urges investment in Sub-Saharan Africa - The Maravi Post ...
05/3/2024 - 4:20 pm | View Link - GV spinout launches with $67M, counterintuitive idea to ‘overactivate’ cancer
A new Cambridge biotech incubated at GV (Google Ventures) has launched with a $67 million Series A funding and a new — perhaps even counterintuitive — approach to cancer treatment.
05/2/2024 - 12:00 am | View Link - South African boxer Dingaan Thobela, ‘The Rose of Soweto,’ dies aged 57
South Africans and boxing fans are remembering Dingaan Thobela, a boxing legend who passed away at 57. Thobela, known as “The Rose of Soweto” where he grew up, died in his Johannesburg apartment after ...
05/1/2024 - 12:47 am | View Link - G1 Therapeutics inks $135M deal with Boston firm for cancer treatment
G1 Therapeutics (Nasdaq: GTHX) has entered a licensing deal that gives Boston-based Pepper Bio the rights to develop, manufacture and commercialize one of G1's assets, lerociclib. The agreement ...
04/30/2024 - 11:25 pm | View Link - Two-punch treatment delivers blood cancer knockout: Study shows drug combo eradicates cancer cells in lab-based tests
The WEHI research team paired venetoclax, a current standard-of-care anti-cancer drug for AML, with a STING agonist, an emerging class of immunotherapy drugs. Venetoclax was based on a landmark ...
04/30/2024 - 1:00 pm | View Link - More
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