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Industry: Powered by Madgex Job Board Software, acquired by Alexion last year for $1.4 billion. Latest News /news/latest; 11:20p. Asian markets advance after stimulus lifts Dow, S&P to records. I appreciate the work that Alex has done to build PACT into a clinical-stage biotechnology company and I am delighted at the opportunity to help the company in its efforts to advance cell therapies to benefit patients with solid tumors,” Garland said in a statement. ALXN earnings call for the period ending September 30, 2019. Alexion Pharmaceuticals in its $1.4 billion acquisition of Portola Pharmaceuticals; ARIAD Pharmaceuticals in its $5.2 billion sale to Takeda Pharmaceutical Co. Biogen in the $5 billion spin-off of its global hemophilia business into a separate publicly traded company (Bioverativ) Bioverativ in its $11.6 billion sale to Sanofi The drugmaker got caught up in spiking market volatility last month. These two biotech companies are safe bargains in today's volatile market. This page contains corporate information for pharmaceutical companies marketing products in the United States. Scott Garland, the former chief executive officer of Portola Pharmaceuticals, will become the next CEO of South San Francisco-based PACT Pharma. Traders looking to familiarize themselves with the Tilray (TLRY) merger with Aphria (APHA) and trade the merger arbitrage spreadExisting shareholders and investors wishing to stay abreast of the latest deal developments By Pact Pharma, Portola Pharmaceuticals As featured on PACT Pharma Announces Planned Retirement of CEO Alex Franzusoff; Veteran Biotech … Alexion is a global biopharmaceutical company focused on developing life-changing therapies for people living with rare disorders. At Portola, he led the company through the commercial launch of Andrexxa ®, a novel reversal agent for factor Xa inhibitors. All rights reserved. Information includes company addresses, telephone numbers, stock quotes, links to corporate websites, lists of medicines, support and employment opportunities where applicable. A Stifel analyst previously noted that the Alexion Pharmaceuticals (NASDAQ:ALXN) acquisition of Portola Pharmaceuticals, which closed in July … Akebia Announces $60 Million Transaction with HealthCare Royalty. The biotech delivered strong top- and bottom-line growth and boosted its full-year outlook. Franzusoff will assist Garland as he takes the reins of the company fused on the development of tumor-specific T cell therapies for the treatment of patients with solid tumors. Byers also thanked the outgoing Franzusoff for his contributions to the company as CEO over the past four years. These two rare-disease drug developers are experts at penetrating their markets. ALXN earnings call for the period ending March 31, 2020. Ionis Pharmaceuticals News About ALS Treatment Attempts. At Portola, Garland led the company through the commercial launch of Andexxa, a novel reversal agent for factor Xa inhibitors. ALXN earnings call for the period ending September 30, 2020. Prior to joining Sangamo in January 2018, he served as Senior Vice President, Technical Operations at Portola Pharmaceuticals, Inc., where he was responsible for tech transfer, bulk and drug product manufacturing, technical support and supply chain of Portola’s pipeline products. Alexion Pharmaceuticals made a move to acquire Portola Pharmaceuticals. At Portola, he led the company through the commercial launch of Andrexxa ®, a novel reversal agent for factor Xa inhibitors. Global Cannabis Pharmaceuticals Market Report 2020: Market is Expected to Reach $5.72 Billion by 2027 - Investments in R&D for Cannabis-Infused Drugs ALXN earnings call for the period ending June 30, 2020. Traders cheer an upbeat earnings report and positive clinical news. The Fool has written over 200 articles on Alexion Pharmaceuticals. At Portola, Garland led the company through the commercial launch of Andexxa, a novel reversal agent for factor Xa inhibitors. Mr. Garland was formerly CEO of Portola Pharmaceuticals, which was acquired by Alexion in 2020 for $1.4 billion. Garland joins PACT after serving as CEO of Portola Pharmaceuticals, which was acquired by Alexion last year for $1.4 billion. Here Are 3 Game-Changing Stocks to Buy, Got $1,000? Portola has newly approved drugs: AndexXa = … What our community thinks about Alexion Pharmaceuticals, The single most important factor in a company's success is the team that's leading the company, Alexion Lifts Nasdaq on Buyout News; PayPal Gets Bitcoin Boost, Why Alexion Pharmaceuticals Is Soaring and AstraZeneca Is Sinking Today, Got $10,000? Spotlight. ALXN earnings call for the period ending June 30, 2019. Indication: For patients treated with rivaroxaban and apixaban, when reversal of anticoagulation is needed due to life-threatening or uncontrolled bleeding. Pharmaceutical Companies. Its lead T-cell therapy, NeoTCR-PI, is in Phase I studies for bladder, breast, colorectal, head/neck, lung, melanoma, ovarian and prostate cancers as both a monotherapy and in combination with a checkpoint inhibitor. Here's what investors need to know. Prior to Relypsa, Garland spent three years as chief commercial officer at Exelixis where he built the company's commercial organization, to support the launch of cabozantinib in medullary thyroid cancer. Boston, MA 02210 Prior to Portola, Garland held leadership roles at multiple pharmaceutical and biotechnology companies. “I am very proud of the landmark achievements and progress that the PACT team has made over the past four years in advancing our personalized adoptive T cell therapies, including launching our current clinical program across multiple solid tumor types,” Franzusoff said in a statement. Primary metrics and data points about Alexion Pharmaceuticals. The clinical-stage biotech made a new friend. Latest News. This is precisely why Alexion Pharmaceuticals bought Portola Pharmaceuticals at a 135% premium yesterday. Alexion Pharmaceuticals became one of the biggest public companies in Massachusetts overnight by moving its headquarters here in 2018. 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PACT is developing tumor-mutation targeted T Cells tailored for each patient. Todd Campbell and Kristine Harjes | Dec 21, 2016. It was a roller coaster of a month for the biotech. Positive clinical trial results for the company's follow-up to Soliris gave investors a reason to cheer. www.alexion.com. By Alex Keown. Blake Byers, chairman of the PACT Pharma Board of Directors, said the company is working to rapidly bring its personalized adoptive T cell therapies to patients in need. Portola Pharmaceuticals Corte Madera, CA. Biogen Idec executes deals with Portola Pharmaceuticals for an oral therapy for autoimmune diseases, and with Samsung Biologics on biosimilars to form a joint venture now called Samsung Bioepis. ALXN earnings call for the period ending December 31, 2019. It employs around 2,400 people worldwide. The company is at an important moment in its history, he said. Tumor mutation neoepitope (neoE) targeting is programmed into the patient's own T cells to seek out & kill the tumors. “I am confident that the company is in excellent hands under Scott's leadership.”, © 1985 - 2021 BioSpace.com. Andexxa, was approved by the U.S. Food and Drug Administration in 2018 and is currently the only approved Factor Xa inhibitor reversal agent. Interview with Mardi Dier, Chief Financial Officer, Portola Pharmaceuticals. ALXN earnings call for the period ending December 31, 2018. SAN FRANCISCO, Feb. 22, 2021 /PRNewswire/ -- The global anticoagulant reversal drugs market size is expected to reach USD 1.81 billion by 2027, according to a … BOSTON--(BUSINESS WIRE)--Jul. In a brief statement, Garland said he is honored to join PACT as its next CEO. The company is also involved in immune system research related to autoimmune diseases. The company offers XERMELO, an orally-delivered small molecule drug candidate for the treatment of carcinoid syndrome diarrhea in combination with somatostatin analog therapy in adults. Mr. Garland was formerly CEO of Portola Pharmaceuticals, which was acquired by Alexion in 2020 for $1.4 billion. The Nasdaq Composite looked to get back into record territory on Monday. Biogen Idec’s inaugural Care Deeply Volunteer Day kicks off. Biotechnology, 121 Seaport Boulevard Global Cannabis Pharmaceuticals Market Report 2020: Market is Expected to Reach $5.72 Billion by 2027 - Investments in R&D for Cannabis-Infused Drugs United States Then it raised full-year 2018 financial guidance. A falling market represents the perfect opportunity to buy into these game-changing companies. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Zacks' free daily newsletter Profit from the Pros provides #1 Rank "Strong Buy" stocks, etfs and more to research for your financial portfolio. A handful of positive updates still wasn't enough to reverse the negative sentiment. A biotechnology company working to develop and deliver life-changing drug therapies for patients with serious and life-threatening medical conditions. ALXN earnings call for the period ending September 30, 2018. Interview with SAB Member Marc Kozin, Former President, L.E.K. The Investor Relations website contains information about Alexion Pharmaceuticals, Inc.'s business for stockholders, potential investors, and financial analysts. 2, 2020-- Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) today announced the successful completion of its acquisition of Portola Pharmaceuticals, Inc. (NASDAQ:PTLA). The major acquisition news updates & events of Tilray (TLRY) & Aphria (APHA) by are listed below.A comprehensive data source for. Market data powered by FactSet and Web Financial Group. Garland succeeds Alex Franzusoff, who will remain with the company in an advisory role through mid-year.