article thumbnail

STAT+: The ADC hot streak continues: J&J to buy cancer drug developer Ambrx Biopharma

STAT

Johnson & Johnson said Monday that it would purchase Ambrx Biopharma for nearly $2 billion, picking up a company specializing in targeted chemotherapy treatments — one of the hottest areas of cancer drug development.     The deal, disclosed as the biopharma field marked the first day of the annual J.P.

article thumbnail

STAT+: Merck, Daiichi Sankyo to partner on targeted chemotherapy drugs in deal worth up to $22 billion

STAT

MADRID — Merck is paying billions of dollars to partner with Daiichi Sankyo on a series of cancer drugs, underscoring the excitement around targeted chemotherapy treatments.   billion more is on the table depending on the success of the drugs in development. billion over the next two years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

STAT+: Hair loss is one of the most hated chemotherapy side effects. A new biotech hopes to prevent it

STAT

The chemotherapy Christine Ko was prescribed for her breast cancer is pretty much a guarantee for losing your hair. The company is currently developing an antibody that might reliably protect the head’s hair follicles from chemotherapy damage — if it works. But, to her, it wasn’t much of an option.

article thumbnail

STAT+: Jazz Pharmaceuticals to acquire Chimerix and its experimental brain cancer drug

STAT

It responds poorly to chemotherapy and is usually driven by a mutation that can’t be drugged with traditional approaches.   Chimerix’s drug, known as dordaviprone, isn’t a cure. It often wraps itself around a patient’s brain stem, preventing surgeons from safely excising it.

article thumbnail

STAT+: U.K. charities give $36 million to start new drugs for childhood tumors 

STAT

For three decades, adults have benefited from a revolution in oncology treatment, as immunotherapies and targeted drugs have joined or replaced older, blunter tools like chemotherapy and radiation.    Children have been less fortunate. 

article thumbnail

STAT+: A new drug offers a rare option for brain cancer treatment — and inspires hopes for more

STAT

  But she avoided digging into one particular subject: what she might have to endure with chemotherapy and radiation. When Rachel Guberman found out she had brain cancer, she did so much reading and Googling about the disease that she joked she had reached the end of the internet.  Continue to STAT+ to read the full story…

article thumbnail

STAT+: Data on AstraZeneca cancer drug allay safety concerns but treatment still faces questions

STAT

While the results assuaged some of the safety fears that flared when initial information was released over the summer, they only heightened concerns about the drug’s ability to outperform standard chemotherapy — though they perhaps pointed to an opportunity for the drug in a subset of patients.