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Perlegen Sciences, Inc.

Latest From Perlegen Sciences, Inc.

Finance Watch: Biopharma Firms Get Ahead Of Q3 Updates With Restructuring Reveals

Restructuring Edition: Biogen and Sana add to their layoff totals. Exscientia announced R&D program cuts while Syros, PTC, AM-Pharma, Societal CDMO, Nighthawk and Kinnate revealed layoffs to conserve cash. Also, Impel is exploring strategic options and Applied Molecular Transport will disappear in a merger with Cyclo.

Restructuring Finance Watch

Finance Watch: Genesis, Rapport, Cellares Raise Venture Capital Mega-Rounds

Private Company Edition: Genesis raised $200m, Rapport brought in $150m and Cellares closed a $255m round. Also, Ferring got $300m up front in a royalty deal, Fore Biotherapeutics raised a $75m series D and Vaxxas won a $3.67m Wellcome grant to advance a next-generation typhoid vaccine.

Financing Business Strategies

Finance Watch: FibroGen, Amarin And Others Downsize To Survive

Restructuring Edition: FibroGen follows its clinical setback with a 32% reduction in force, cutting 104 jobs. Also, Amarin named a new CEO, but cut all US sales and 30% of non-sales US roles, and 9 Meters is headed for dissolution after Chapter 7 bankruptcy, while several others seek strategic alternatives.

Restructuring Business Strategies

Leqembi Treatment Infrastructure: If Medicare Pays For It, They Will Come

The biggest barrier for Eisai/Biogen’s Alzheimer’s medicine Leqembi was Medicare. With full US FDA approval and Medicare coverage in place, PET scan, MRI and infusion centers are needed to facilitate treatment.

Launches Market Access
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