06:31 , Nov 3, 2017 |  BC Week In Review  |  Financial News

Aevi raises $28M in private placement

On Oct. 17, genetic disease company Aevi Genomic Medicine Inc. (NASDAQ:GNMX) raised $28 million through the sale of 22.2 million shares at $1.26 in a private placement led by the Children’s Hospital of Philadelphia Foundation....
23:36 , Oct 9, 2017 |  BC Extra  |  Company News

Management tracks: BMS, Amicus, Armo, Noxxon

Bristol-Myers Squibb Co. (NYSE:BMY) named Saurabh Saha SVP and global head of translational medicine. He was a venture partner at Atlas Venture , as well as president and CEO at Delinia Inc. , which Celgene...
22:45 , Apr 7, 2017 |  BioCentury  |  Finance

To market, to market

Investors are hoping that a slew of approvals and data readouts can maintain biotech’s momentum on the heels of several high-profile successes that came just before or after 1Q’s end. Chief among those was Vertex...
22:39 , Apr 7, 2017 |  BioCentury  |  Finance

Fade to black

At the end of 2016, investors argued that equity values had nowhere to go but up. This proved to be the case in 1Q as all market cap bands finished in the black. Sector specialists,...
20:51 , Mar 23, 2017 |  BC Week In Review  |  Clinical News

AEVI-001: Ph II/III SAGA data

Top-line data from the double-blind, U.S. Phase II/III SAGA trial in 96 evaluable ADHD patients ages 12-17 with genetic disorders impacting mGluRs showed that twice-daily oral AEVI-001 missed the primary endpoint of reducing ADHD-RS total...
22:39 , Mar 20, 2017 |  BC Extra  |  Clinical News

Aevi plummets after ADHD candidate fails in Phase II/III

Aevi Genomic Medicine Inc. (NASDAQ:GNMX) shed $3.23 (59%) to $2.21 on Monday after it said AEVI-001 missed the primary endpoint in the Phase II/III SAGA study to treat ADHD in adolescent patients with metabotropic glutamate...
23:10 , Mar 13, 2017 |  BC Extra  |  Company News

Management tracks

Antibody and anti-infective play ContraFect Corp. (NASDAQ:CFRX) said Chairman and CEO Steven Gilman will take temporary medical leave of absence. He will remain chairman, and expects to return to the CEO role in 3Q17. Synthetic...
21:45 , Feb 1, 2017 |  BC Week In Review  |  Clinical News

AEVI-001: Ph I/II started

Aevi began an open-label, U.S. Phase I/II trial evaluating 50, 100, 200 and 400 mg oral AEVI-001 twice daily over 5 weeks in about 12 patients ages 12-17 with a 22q11.2 deletion and diagnosed with...
07:00 , Oct 3, 2016 |  BioCentury  |  Finance

ASH and others

Cancer and hematology companies are likely to garner the most headlines in 4Q16 thanks to ESMO in October and ASH in December, but some investors also are branching out to events that typically receive less...
07:00 , Aug 11, 2016 |  BC Extra  |  Company News

Management tracks

Cancer company Oric Pharmaceuticals Inc. (South San Francisco, Calif.) named Ashraf Hanna CEO and Darcy Mootz CBO. Hanna was VP of commercial and medical affairs finance at the Genentech unit of Roche (SIX:ROG; OTCQX:RHHBY). Mootz...