Breaking News

Deals fall apart amid biotech's stock shock; FDA to convene second panel on ALS treatment

 

Pharmalot Ed Silverman

STAT+: VC deals and valuations begin falling apart amid biotech's stock shock

By Allison DeAngelis

Mike Reddy for STAT

After raking in record amounts of capital over the last two years, VCs are seeing signs that the capital could dry up.

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STAT+: FDA to convene second panel of outside experts to review Amylyx Pharma's ALS treatment

By Adam Feuerstein

Sarah Silbiger/Getty Images

The FDA’s decision to schedule a second advisory panel for the same drug is unusual, particularly during the same review period.

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STAT+: The biotech scorecard for the third quarter: 18 stock-moving events to watch

By Adam Feuerstein

Ryan Pierse/Getty Images

There's plenty to watch out for in the months ahead, including a readout from Alnylam Pharmaceuticals and another from Karuna Therapeutics.

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STAT+: Anebulo Pharma says study supports development of its pill as an antidote for cannabis intoxication

By Adam Feuerstein

Jessica Rinaldi/The Boston Globe

The company, based in Austin, Texas, believes its medicine could be used as a potential antidote for cannabis intoxication.

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Tuesday, July 5, 2022

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