All articles tagged with #biotech investment
Montgomery County celebrates a significant economic boost with Samsung Biologics establishing its first US manufacturing site in Rockville, alongside major biotech investments like Astra-Zeneca and X-energy, and the development of the Viva White Oak project, which will create thousands of jobs and housing units.
Tom Brady announced he cloned his deceased dog Lua using Colossal Biosciences' technology, highlighting his interest in biotech investments and the ethical and scientific complexities of pet cloning, which remains a challenging and imperfect science.
MoonLake Immunotherapeutics reported failure in its Phase 3 trials for the autoimmune skin condition hidradenitis suppurativa, leading to a sharp decline in its stock price. Despite some statistical significance in one study, the drug sonelokimab did not meet the efficacy benchmarks required to compete with existing treatments, casting doubt on its commercial prospects.
Latigo Biotherapeutics, a non-opioid drug developer, has emerged with a $135 million Series A funding after years of development, targeting the same Nav1.8 as Vertex Pharmaceuticals. The company aims to address pain management without the risk of addiction by focusing on the peripheral nervous system.