uBiome Founders Charged With $60 Million Fraud
The SEC says Jessica Richman and Zachary Apte misrepresented that their biotech startup was generating reliable revenue from insurance reimbursements.
Merck Buys OncoImmune in COVID Treatment Move
The $425 million deal gives Merck access to a promising therapy for treating seriously ill COVID-19 patients.
Moderna Q3 Revenues Beat Estimates
The biotech is preparing for the global launch of its potential COVID-19 vaccine.
Bayer to Buy Gene Therapy Company AskBio
The pharma giant could pay as much as $4 billion if performance targets are met.
Biotech Exec Charged With COVID Test Fraud
The SEC says Arrayit President Mark Schena falsely claimed the company had developed a test and it was awaiting emergency FDA approval.
Illumina Buys Cancer Test Startup Grail for $8B
The deal will move Illumina “deeper into the application of its gene-sequencing technology to the diagnosis and treatment of patients."
Alexion Fined $21M in Foreign Corruption Probe
The SEC says the biotech firm made improper payments to Turkish and Russian officials to secure favorable treatment for its main drug.
Moderna Stock Soars on COVID Vaccine Results
Interim data from a Phase 1 study showed Moderna's vaccine candidate stimulated an immune response against the virus in people.
SEC Questions COVID Drug Claims of Biotechs
The commission has halted trading in the shares of three companies that have said they are developing a drug candidate for treating COVID-19.
Moderna Gets $483M to Fund Corona Vaccine
The grant from the U.S. government will boost Moderna's efforts to develop what is “among the most advanced coronavirus vaccine candidates.”
Four Pillars of Successful Corporate Decision-Making
Here's how to shift the decision-making process from a misunderstood art toward a mainstream science.