Bayer nabs new dealmaker - but after Monsanto, is there enough cash?

Fiercebiotech | September 03, 2019

Bayer has hired Johnson & Johnson’s former business development chief Marianne De Backer PhD as its new head of business development and licensing of its pharma division. In short De Backer, who will be based in California, is charged with helping the German pharma make deals. Or, as the pharma puts it: “lead Bayer's external pharmaceutical growth strategy and activities globally in all key areas of pharmaceutical innovation and alliance management.” Bayer has had an interesting few years with its R&D, pending a series of deals whilst also make cuts and reorganizations across its research. Late last year, Bayer comprehensively restructured its pharmaceutical R&D and consumer health operations, aimed it said at refocusing assets to its core life science businesses over the coming years. This included the loss of about 900 of its 8,000 R&D positions, out of a total reduction of 12,000 jobs across the company. That’s in addition to 350 employees connected to Bayer’s factor VIII facility in Wuppertal, Germany, which it is closing due to increasing competition in the hemophilia treatment market. Instead, the company will move all its recombinant factor VIII production to a facility in Berkeley, California (where, coincidentally, De Backer will be based).

Spotlight

With the growth of biologics showing no signs of stopping, bioinformatics continues to be a key driver when it comes to R&D development. Laboratories and their data systems are now expected to handle and manage biotechnology’s densely structured proteins, with some antibodies standing at 20,000 atoms each. (3)

Spotlight

With the growth of biologics showing no signs of stopping, bioinformatics continues to be a key driver when it comes to R&D development. Laboratories and their data systems are now expected to handle and manage biotechnology’s densely structured proteins, with some antibodies standing at 20,000 atoms each. (3)

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Verantos Named "BioInformatics Company of the Year" by BioTech Breakthrough

BioTech Breakthrough, Verantos | October 28, 2021

Verantos, the market leader in high-validity real-world evidence (RWE) generation, today announced it has been named "BioInformatics Company of the Year" in the inaugural BioTech Breakthrough Awards program conducted by BioTech Breakthrough. This independent market intelligence organization evaluates and recognizes standout life sciences and biotechnology companies, products, and services around the globe. The Verantos real-world evidence (RWE) platform leverages data science, artificial intelligence, and advanced data sources to generate evidence that enables precision medicine. It also provides a more inclusive approach to a learning healthcare system, in which underrepresented populations are better represented than in other evidence generation approaches. The platform is able to de-identify, enrich, and integrate data from electronic health records, medical claims, and registries to produce exacting and exceptionally valid RWE. Bryan Vaughn, Managing Director of BioTech Breakthrough Awards said, "Verantos continues to develop high-validity RWE in collaboration with pharmaceutical, regulatory and scientific institutions, enabling personalized medicine, and improved, more efficient care. Congratulations on being our choice for 'BioInformatics Company of the Year." Verantos has generated advanced RWE for top-tier biotechnology and pharmaceutical firms in addition to leading academic medical centers and health systems. It has also developed advanced science funded by the Food and Drug Administration, the National Institutes of Health, and the National Science Foundation. Additionally, Verantos CEO Dan Riskin testified before Congress on the 21st Century Cures Initiative and has helped shape policy in the use of advanced clinical data and technologies. These partnerships and initiatives have allowed Verantos to trailblaze in their industry and benefit patients living with common conditions across the globe. "We are thrilled to receive this award from BioTech Breakthrough. It supports our mission to advance real-world evidence to improve the standard of care, and furthers our vision to pioneer personalized medicine by setting the quality standard for real-world evidence. said Dan Riskin, CEO of Verantos. The annual BioTech Breakthrough Awards program conducts the industry's most comprehensive analysis and evaluation of the top technology companies, solutions and products in the life sciences and biotechnology industry today. This year's program attracted more than 1,200 nominations from over 12 different countries throughout the world. About Verantos Verantos is the market leader in high-accuracy, real-world evidence generation. The Verantos RWE platform integrates heterogeneous real-world data sources and generates evidence with the accuracy necessary for regulatory and reimbursement use. The Verantos RWE platform leverages data science and artificial intelligence along with advanced data sources such as electronic health records to generate RWE capable of supporting clinical assertions. About BioTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the BioTech Breakthrough Awards program is devoted to honoring excellence in life science and biotechnology solutions, services and companies. The BioTech Breakthrough Awards provide public recognition for the achievements of biotechnology companies and products in categories including BioPharma, Genomics, Therapeutics, Food Science and BioAgriculture, and more.

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Research Solutions Announces Partnership with BIO Business Solutions to Bring One-Click Scientific Literature Access to the Biotech Industry

Research Solutions | October 12, 2020

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RESEARCH

TetraScience R&D Data Cloud Selected by Leading Clinical-Stage Biotechnology Company

TetraScience | September 03, 2021

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