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CSL sinks to nine-year low on revenue warning, $5B write-down

CSL sinks to nine-year low on revenue warning, $5B write-down

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CSL’s stock hit its lowest price since early 2017 on Monday after it lowered its full-year revenue guidance by about 4% and said it would have to take a new $5 billion impairment charge.

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Makary’s reported FDA removal could be ‘broad positive’ for biopharma

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The widely covered impending ouster of FDA Commissioner Marty Makary not long after the exit of controversial biologics head Vinay Prasad highlights the severe turnover rates at the highest rungs of leadership at the health department.

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Partner’s Bizengri cleared by FDA for ultra-rare cancer days after winning priority voucher

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Partner Therapeutics announced last week that the FDA had granted Bizengri a Commissioner’s National Priority Voucher to accelerate drug review.

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European regulators greenlight Fractyl Health’s clinical test of GLP-1 gene therapy

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Drug developers are racing to make gene therapies that could replace chronic GLP-1 injections and pills with a one-and-done treatment. Now, a company based just outside of Boston is poised to become …

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