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Tag: biotech
Ireland's Malin raises 330 million euros in biotech IPO -source
2015-03-20 09:04:03| Biotech - Topix.net
Malin, set up by a number of ex-Elan executives to invest in privately held assets, said earlier this month that leading British fund manager Neil Woodford and the Irish state's new strategic investment fund had committed to buying around 60 percent of the total estimated placing. and Britain's Pension Protection Fund, the source said, while the small retail and institutional offering was materially oversubscribed and subsequently scaled back.
Tags: source
million
euros
ipo
Why I'm Not Giving Up on This Tiny Biotech Stock
2015-03-18 15:22:51| Biotech - Topix.net
Since reporting in November that its promising hepatitis C drug ACH-3102 helped clear the virus from 100% of patients in a small clinical trial, shares in Achillion Pharmaceuticals Sovaldi last year revolutionized hepatitis C treatment. Sovaldi cast aside reliance on side-affect-laden peginterferon and cut patient treatment times in half, to 12 weeks, all while delivering functional cure rates of 90% or more.
Tags: stock
giving
tiny
biotech
GMO imperialism: Bill Gates and biotech industry are forcing...
2015-03-18 07:03:41| Biotech - Topix.net
A number of American corporations and foundations are spearheading efforts to spread genetically modified organisms to the African continent, including agri-giant Monsanto and the Bill and Melinda Gates Foundation, according to a just-released report. "The U.S., the world's top producer of GM crops, is seeking new markets for American GM crops in Africa," said Haidee Swanby of the African Center for Biosafety, which authored the report commissioned by Friends of the Earth International.
Tags: industry
bill
gates
biotech
Former Biogen exec to lead Newton biotech, Chiasma
2015-03-16 21:21:07| Biotech - Topix.net
A longtime pharmaceutical executive who oversaw the launch of Biogen Idec's first multiple sclerosis drug, Avonex, has been named CEO of a privately held Newton biotech. Chiasma Inc., which recently raised $70 million in Series E financing and last week told the Boston Business Journal that it's in the process of looking for a new, larger headquarters in either Newton or Cambridge, today named Mark Leuchtenberger as its president and CEO.
Tags: lead
newton
biotech
exec
Billionaire Seth Klarman's Biotech Stock Picks
2015-03-15 18:18:52| Biotech - Topix.net
Billionaire Seth Klarman is a notorious investor who despite his uncoventional approaches always managed to achieve high returns. He founded Baupost Group in 1982 with around $30 million and since then the hedge fund grew to one of the biggest in the world and currently manages over $28 billion in assets.
Tags: stock
picks
biotech
seth
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