Remove science
article thumbnail

STAT Virtual Event | Tomorrow’s Trailblazers in Science

STAT

Each year, STAT chooses a new class of Wunderkinds, showcasing stars of science and medicine who are in the midst of launching their careers. Editor’s note: A livestream of the event will be embedded below at 1 p.m.

270
270
article thumbnail

Exact Sciences’ stock tumbles amid worries cancer detection firm’s growth may slow

STAT

Exact Sciences reported first-quarter revenues this week that beat market expectations, and the cancer detection company’s executives still believe they’re on track to meet expected 2024 revenue. That’s usually good news. Yet Exact shares are down nearly 11% on Thursday, dipping to $53.12

277
277
Insiders

Sign Up for our Newsletter

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

article thumbnail

STAT+: Vertex to buy Alpine Immune Sciences for $4.9 billion

STAT

Vertex Pharmaceuticals will buy Alpine Immune Sciences, a maker of protein-based medicines that harness the immune system, for $4.9 billion, the companies announced Wednesday. It is the largest acquisition in Vertex’s history.

Immunity 358
article thumbnail

STAT+: Goldman Sachs launches $650 million fund for life science investments

STAT

The bank announced Wednesday that it has closed its first-ever life sciences fund, called West Street Life Sciences I. The plan is to invest the money in genetic medicine, cell therapies, immunotherapies, synthetic biology and artificial intelligence startups, as well as diagnostics and life science tools companies.

362
362
article thumbnail

STAT+: Life science leaders on how to make drug development less expensive, slow, and risky

STAT

Drug development is essentially a long, expensive bet: 90% of drugs fail during clinical trials, goes one of the life science industry’s most oft-quoted statistics.

article thumbnail

Opinion: Disruptive science is leaping forward, not limping along

STAT

A recent study and accompanying news story in the preeminent journal Nature provocatively concludes that disruptive innovation in science has dramatically and mysteriously declined 90% since 1945. The study has prompted a wave of news coverage and tweets decrying the apparent languishing of modern science.

364
364
article thumbnail

STAT+: Life science investors close nearly $6 billion in new funds

STAT

Biotech and life sciences investors continue to draw in new funds even as the biotech stock indexes reach new lows. On Wednesday, VC firm Bioluminescence Ventures launched with $477 million to invest in biotech startups.