July 27, 2017 04:18 AM EDT

Astellas is shuttering Agensys, axing 220 jobs and moving away from ADC tech

Arsalan Arif

Founder

A decade ago Agensys’ antibody work looked so appealing that Astellas happily paid $387 million in cash for it, reserving $150 million more in milestones …

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Astellas is shuttering Agensys, axing 220 jobs and moving away from ADC tech

Arsalan Arif

Founder

Sign up to read this article for free.

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Astel­las is shut­ter­ing Agen­sys, ax­ing 220 jobs and mov­ing away from ADC tech

Arsalan Arif

Founder

Sign up to read this article for free.

Among phar­ma CEOs, the IRA now and the IRA lat­er get very dif­fer­ent re­ac­tions

Bris­tol My­ers restarts ra­dio­phar­ma­ceu­ti­cal Phase 3 tri­al, but de­lays read­out by one year

Up­dat­ed: With cost-cut­ting un­der­way, Bris­tol My­ers rais­es guid­ance, touts Phase 3 win and scraps an­oth­er

An­drew Left, short sell­er who cam­paigned against Valeant, is ac­cused of fraud by SEC

Eu­ro­pean drug reg­u­la­tor re­jects Alzheimer's drug Leqem­bi, cit­ing safe­ty con­cerns

Crit­i­cal Junc­tures in Gene Ther­a­py Clin­i­cal Ma­te­r­i­al Man­u­fac­tur­ing: Where Do I Start? And Will It Work?

Astellas is shuttering Agensys, axing 220 jobs and moving away from ADC tech

Among pharma CEOs, the IRA now and the IRA later get very different reactions

Bristol Myers restarts radiopharmaceutical Phase 3 trial, but delays readout by one year

Updated: With cost-cutting underway, Bristol Myers raises guidance, touts Phase 3 win and scraps another

Andrew Left, short seller who campaigned against Valeant, is accused of fraud by SEC

European drug regulator rejects Alzheimer's drug Leqembi, citing safety concerns

Critical Junctures in Gene Therapy Clinical Material Manufacturing: Where Do I Start? And Will It Work?