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How to Survive the Patent Cliff: Eli Lilly’s CEO at the BIO CEO & Investor Conference

Fireside Chat

Like a number of companies, Eli Lilly is confronting a wave of patent expirations called the patent cliff. The company lost U.S. patent protection on the anti-psychotic Zyprexa in the fall of 2011 and they’re facing the losses of the antidepressant Cymbalta in December of 2013 and the osteoporosis drug Evista in 2014. The loss of protection endangers the company’s ability to profit from the drugs and they could face a $25 billion loss in Read More >

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Word on the Street – Biotech Stocks Only Have Room to Go Up

Stock Exchange Ticker

The Opening Lunch Plenary at this year’s BIO CEO & Investor Conference was a lively discussion between portfolio managers and senior buy-side analysts looking to forecast the year ahead in biotech. BIO’s own, Celia Economides, Director, Investor Relations & Programs, reminded us all where we were 15 years ago at the inception of this event. At the 1999 event, there were 18 presenting companies, zero 1X1 meetings scheduled and 271 attendees.  As of day one, Read More >

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Celgene CEO on New Multiple Myeloma Drug Approvals

BIO CEO

Following on the heels of two big announcements in February, Celgene CEO Robert Hugin (one of FierceBiotech’s most influential people in biopharma) participated in a fireside chat with Joel Sendek, managing director and biotechnology analyst at Stifel Nicolaus & Company, at the 15th Annual BIO CEO & Investor Conference in New York. First, on Friday, February 8, the Food and Drug Administration (FDA) approved Celgene’s drug Pomalyst for patients with multiple myeloma whose disease has Read More >

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STEM Education Aimed at Girls

STEM

We write a fair bit about STEM education here at BIOtechNOW, so I was a bit surprised to come across a word I’d never heard before. STEMinists  may be a made-up word, but it’s still a good one. In case you haven’t figured it out yet, let me help you: STEM + feminists =  STEMinists. In other words, it’s a young women who’s interested in science, technology, engineering and math (STEM) fields. As the father Read More >

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Governor Quinn Invites Biotech Professionals to Chicago

Gov Quinn

Governor Pat Quinn has long been a champion of the bioscience industry – both for its promise to help solve the world’s most pressing problems and as a means of elevating the economic development prospects for his state. The Governor has consistently championed educational reform, entrepreneurship, intellectual property protection, and industry regulation based on rigorous science. That is why he was named BIO’s Governor of the Year in 2011. We are furthermore honored that he Read More >

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