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Press Releases

Press Releases

MassBio Statement on President Trump’s announcement on most-favored-nation pricing

MassBio Statement on President Trump’s announcement on most-favored-nation pricing

✨ Onyx AI Summary Massachusetts biotech leaders emphasized the importance of balancing drug affordability initiatives with the need to sustain innovation that drives future cures. As federal policymakers weigh new cost-control measures, the statement underscores that safeguarding both access and discovery is vital to ensure patients benefit not only from lower

MassBio CEO in Banker & Tradesman: Beacon Hill Must Keep Biotech’s Flywheel Turning

MassBio CEO in Banker & Tradesman: Beacon Hill Must Keep Biotech’s Flywheel Turning

✨ Onyx Summary MassBio CEO Kendalle Burlin O’Connell emphasized Massachusetts’s global leadership in advanced therapies and the importance of policies like Governor Maura Healey’s proposed $400 million DRIVE initiative to accelerate early-stage innovation and workforce development. She argues that by reigniting the state’s life sciences flywheel, Massachusetts

FDA Approves Guardant360® CDx as Companion Diagnostic for Eli Lilly and Company’s Inluriyo™ (imlunestrant) for Treatment of ESR1-mutated Advanced Breast Cancer

FDA Approves Guardant360® CDx as Companion Diagnostic for Eli Lilly and Company’s Inluriyo™ (imlunestrant) for Treatment of ESR1-mutated Advanced Breast Cancer

✨ Onyx Summary Guardant Health announced FDA approval of its Guardant360® CDx as a companion diagnostic for Eli Lilly’s Inluriyo (imlunestrant), enabling identification of advanced or metastatic ER+, HER2– breast cancer patients with ESR1 mutations who may benefit from the therapy. This marks the test’s sixth FDA-approved companion diagnostic

Guardant Health and Quest Diagnostics Announce Strategic Collaboration to Broaden Access to Guardant’s Shield™ Blood-based Screening Test in the United States

Guardant Health and Quest Diagnostics Announce Strategic Collaboration to Broaden Access to Guardant’s Shield™ Blood-based Screening Test in the United States

✨ Onyx Summary Guardant Health and Quest Diagnostics announced a multi-year strategic collaboration to make Guardant’s FDA-approved Shield™ blood test for colorectal cancer screening available through Quest’s vast provider network, patient service centers, and phlebotomy teams nationwide starting in early 2026. By pairing Shield’s simplicity with Quest’s

MassBio and Google empower biotech workers with AI for Drug Discovery Training

MassBio and Google empower biotech workers with AI for Drug Discovery Training

✨ Onyx Summary MassBio and Google co-hosted the 2025 AI for Drug Discovery Training in Cambridge, bringing together more than 60 life sciences professionals from start-ups, academia, and pharma for hands-on sessions with Google’s Gemini and Vertex AI platforms. By equipping the Massachusetts biotech community with AI-driven skills, the program

Cellares Selects Five Best-in-Class Technology Providers, Tecan, Advanced Instruments, Cytek Biosciences, Slingshot Biosciences and AltemisLab, to Expand Cell Q’s Capabilities in Meeting Demands for Commercial Scale Cell Therapy Quality Control

Cellares Selects Five Best-in-Class Technology Providers, Tecan, Advanced Instruments, Cytek Biosciences, Slingshot Biosciences and AltemisLab, to Expand Cell Q’s Capabilities in Meeting Demands for Commercial Scale Cell Therapy Quality Control

✨ Onyx Summary Cellares announced multiple technology partnerships to advance Cell Q™, the first fully automated, modular quality control platform designed to handle the commercial-scale throughput required for cell therapy manufacturing. By integrating best-in-class systems from partners like Tecan, Cytek, and Advanced Instruments, Cell Q sets a new standard for compliance,

2025 Eisai R&D Day: Deepening Connections

2025 Eisai R&D Day: Deepening Connections

✨ Onyx Summary MassBio will host the 2025 Eisai R&D Day on October 20 at Eisai’s G2D2 Center in Cambridge, featuring panel discussions, poster sessions, and networking to showcase Eisai’s R&D priorities in neuroscience, oncology, and global health. By fostering direct engagement between Eisai and

Avidity Biosciences, Inc. Announces Closing of Upsized Public Offering of Common Stock, Including Full Exercise of Underwriters' Option to Purchase Additional Shares

Avidity Biosciences, Inc. Announces Closing of Upsized Public Offering of Common Stock, Including Full Exercise of Underwriters' Option to Purchase Additional Shares

✨ Onyx Summary Avidity Biosciences closed a $690 million public offering of 17.25 million shares at $40 each, including the full exercise of underwriters’ option to purchase additional shares. The proceeds will support late-stage clinical development of its Antibody Oligonucleotide Conjugates (AOCs), preparation for multiple product launches, expansion of commercial

Ocugen, Inc. and Kwangdong Pharmaceutical Co., Ltd. Complete License Agreement of OCU400 Modifier Gene Therapy for Retinitis Pigmentosa in Korea

Ocugen, Inc. and Kwangdong Pharmaceutical Co., Ltd. Complete License Agreement of OCU400 Modifier Gene Therapy for Retinitis Pigmentosa in Korea

✨ Onyx Summary Ocugen has licensed exclusive rights to its investigational gene therapy OCU400 for retinitis pigmentosa to Kwangdong Pharmaceutical in South Korea, with upfront and milestone payments of up to $7.5 million, sales milestones tied to $180 million in projected 10-year sales, and a 25% royalty on net sales.

Alex M. Azar II Joins Guardant Health Board of Directors

Alex M. Azar II Joins Guardant Health Board of Directors

✨ Onyx Summary Guardant Health announced the appointment of former U.S. Health and Human Services Secretary Alex M. Azar II to its board of directors, bringing extensive leadership experience from both government and the private sector. His addition underscores Guardant’s ambition to pair policy expertise with scientific innovation, strengthening

Belite Bio Announces Completion of DRAGON, a 2-Year, Phase 3 Trial of Oral Tinlarebant in the Treatment of Stargardt Disease

Belite Bio Announces Completion of DRAGON, a 2-Year, Phase 3 Trial of Oral Tinlarebant in the Treatment of Stargardt Disease

✨ Onyx Summary Belite Bio completed the last subject visit in its global Phase 3 DRAGON trial of tinlarebant for Stargardt disease type 1, which enrolled 104 adolescents across 11 jurisdictions (94 completed); the primary endpoint is the growth rate of atrophic lesions with safety/tolerability assessed. Top-line data are expected

Guardant Health Expands Access to Shield CRC Blood Test to Senior Living Communities with LabFlorida Partnership

Guardant Health Expands Access to Shield CRC Blood Test to Senior Living Communities with LabFlorida Partnership

✨ Onyx Summary Guardant Health announced a strategic agreement with LabFlorida/SunDx Labs to make its FDA-approved Shield™ blood test for colorectal cancer screening available to residents of senior living communities across Florida. By extending Shield to this high-risk, underserved population, the partnership could transform preventive care in aging communities—removing