Spectrum Pharmaceuticals Inc.
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Latest From Spectrum Pharmaceuticals Inc.
Finance Watch: Patient Square Capital Raises Mega-Fund, Topping Out At $3.9bn
Private Company Edition: Patient Square’s private equity fund, which surpassed its $3bn fundraising goal, may invest broadly across health care but the firm already has invested heavily in biopharma. Also, investor Dimension launches with a $350m specialized VC fund and Alto increased its series B to $60m.
Finance Watch: Fundraising Shows Preference For Later-Stage Companies
Recent financings, including the $150m launch of Pathalys and a planned $100m IPO for Mineralys, illustrate the reality of biopharma funding in 2023 – that having near-term clinical trial milestones are key to fundraising this year. Companies with dwindling cash are conserving the funds they have left.
Alto De-Risks Precision Approach To Psychiatry With Phase IIa Depression Success
The US biotech’s candidate, ALTO-100, has hit the mark in a Phase IIa depression trial, de-risking the firm’s novel precision approach to psychiatry R&D and triggering the start of a Phase IIb study.
10 Years On, Chinese Biopharma Firms Making US Inroads: A Snapshot
From 2013 to November 2022, Chinese pharma companies as a single sponsor started a total of 35 international Phase III clinical studies for innovative drugs in the US, indicating a continuing push by the biopharma sector in the country to leverage increasing innovation to access this huge and lucrative market. Led by BeiGene, 20 firms have placed their bets on such studies and some are planning similar new moves despite an ongoing downturn in industry funding, this infographic analysis shows.
Company Information
- Industry
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Pharmaceuticals
- Drug Delivery
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Biotechnology
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Large Molecule
- Antibodies
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Large Molecule
- Other Names / Subsidiaries
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- Allos Therapeutics, Inc.
- OncoRx
- Talon Therapeutics, Inc. (Hana Biosciences, Inc.)
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