Pfizer to Organize into Three Businesses

Posted by ISPE Boston
On July 19, 2018

Pfizer has announced it will organize the company into three businesses: a science-based Innovative Medicines business which will now include biosimilars and a new hospital business unit for anti-infectives and sterile injectables; an off-patent branded and generic Established Medicines business operating with substantial autonomy within Pfizer and a Consumer Healthcare business. These changes will be […]

Visterra to be Acquired by Otsuka Pharmaceutical for $430M

Posted by ISPE Boston
On July 19, 2018

Otsuka Pharmaceutical, headquartered in Tokyo, and Waltham-based Visterra have announced that Otsuka will acquire Visterra for approximately $430M in an all-cash transaction. The Otsuka and Visterra boards of directors have approved the transaction which is expected to close in the third quarter of 2018. Visterra’s Hierotope platform, comprised of novel computational and experimental technologies, enables […]

YPs Cheer Ninth-in-a-Row Red Sox Win

Posted by Michael Degirolamo
On July 16, 2018

The Chapter’s Young Professionals held their annual Red Sox game summer event on Wednesday July 11. Over 25 biotech and pharma professionals of all ages and backgrounds gathered at Bullpen Kitchen and Tap on Jersey Street to socialize, enjoy some great food and, most importantly, collect their Sox tickets! After a couple of hours of […]

Drive Innovation – Attend the Education Programs Planning Session

Posted by Janelle Carretero
On July 12, 2018

“No matter what people tell you, words and ideas can change the world” – R.W. A few months back, I was approached by Chapter President Jack Campion – a man for whom I have great respect – and was asked to help support the ISPE Education Planning Committee (EPC) as Co-Chair alongside Bob Lucas. Having […]

Pay it Forward – Help Attract New Grads to Our Industry

Posted by Brian Hagopian
On July 9, 2018

Have you ever thought about volunteering but stop short of signing up because you’re afraid it may require more time than you’re ready to commit? Deep inside, if you’d like to give back but aren’t sure how, we have a great way for you to get involved. Please read on because we would really appreciate […]

Concurrent Multi-Product Dance Steps

Posted by Howard Sneider
On July 5, 2018

Manufacturers, especially contract manufacturing organizations, have recently faced challenges to provide numerous small inventories to achieve first-to-market penetration. As more products vie for manufacturing space, manufacturers are exploring options for providing a diverse mixture of formulations from their facilities all at once. One potential option is concurrent multi-product ballroom processing. In this processing model, manufacturers […]

Rubius Therapeutics Selects Rhode Island for Manufacturing Facility

Posted by ISPE Boston
On July 5, 2018

Rhode Island Governor Gina Raimondo has announced that biotech company Rubius Therapeutics is planning to establish a manufacturing facility in Rhode Island that will create 160 high-skilled jobs in manufacturing, biotech operations and other support functions. Rubius intends to invest up to $155 million over a more than five-year period to renovate a 135,000-square-foot manufacturing […]

Local Biotechs Akebia and Keryx to Merge

Posted by ISPE Boston
On July 5, 2018

Akebia Therapeutics and Keryx Biopharmaceuticals (based in Cambridge and Boston, respectively) have announced a definitive merger agreement under which the companies will combine in an all-stock merger. The transaction will create a fully integrated biopharmaceutical company called Akebia Therapeutics focused on chronic kidney disease (CKD), with an implied pro forma equity value of approximately $1.3 […]

Broad and Bayer Expand Partnership, Launch New Research Effort

Posted by ISPE Boston
On July 5, 2018

The Broad Institute of MIT and Harvard and Bayer are launching the Precision Cardiology Laboratory (PCL), a new endeavor that will pursue scientific insights aimed at developing new therapies for heart failure. According to the American Heart Association, more than 900,000 people are diagnosed with heart failure every year in the United States. The condition, […]

Chapter Member Anniversaries: June 2018

Posted by ISPE Boston
On July 5, 2018

Please congratulate the following members celebrating milestone anniversaries in June 2018. Their dedication to ISPE, the Boston Area Chapter and the industry is applauded! Over Twenty Years Keith A. Farnsworth, Zajac LLC Warren A. Hill Timothy J. Horgan, Alnylam Pharmaceuticals David L. Hyde, CBA, CPIP, Lantheus Medical Imaging, Inc. Richard G. Kotosky, PE, CPIP, […]

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