How the biotech industry is being reshaped by the stock market; Biogen sells stake in Samsung venture

Taking stock of the drug industry, from the lab to the medicine chest  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

STAT+: 'Nowhere to hide': As biotech stocks plummet, an industry is being reshaped by the fallout By Adam Feuerstein and Damian Garde and Matthew Herper Mike Reddy for STAT The decline in biotech has erased billions in value and led even seasoned investors to question whether the industry has further to fall. Read More STAT+: Biogen sells stake in Samsung venture for $2.3 billion By Damian Garde and Adam Feuerstein Steven Senn/AP Samsung Biologics is acquiring Biogen’s ownership in Samsung Bioepis, which manufactures off-patent versions of biologic medicines called biosimilars. Read More STAT+: Up and down the ladder: the latest comings and goings By Ed Silverman Alex Hogan/STAT From new hires to departures, promotions, and transfers, here are the latest comings and goings in the pharmaceutical industry. Read More Sponsor content by STAT Events STAT Event: How biomarkers are changing cancer care The way doctors treat cancer is evolving. On Feb. 2, STAT looks into this by examining how advances in technology are changing the way biomarkers are used. Register here to join the conversation. Early data indicate vaccines still protect against Omicron's sister variant, BA.2 By Andrew Joseph SAJJAD HUSSAIN/AFP via Getty Images New data show that vaccines still protect against a spinoff of the Omicron variant, a welcome sign about the latest coronavirus iteration. Read More Friday, January 28, 2022       1 Exchange Pl, Suite 201, Boston, MA 02109 ©2022, All Rights Reserved. I no longer wish to receive STAT emails Update Email Preferences | Contact Us | View In Browser