Life Sciences

Why global interest in N.J. has picked up during pandemic

Tom Bergeron | ROI-NJ.COM

Manufacturers, biotech and pharmaceutical companies, food processing and distribution plants and various technology firms: What do they all have in common? They have all signed deals to either come to New Jersey or expand their operations here since the COVID-19 pandemic broke out in the state. And they all are based internationally. While the pandemic has severely slowed the economy …

PTC Therapeutics taps experimental cancer drug for new COVID-19 trial

Ben Adams | Fierce Biotech

PTC Therapeutics is throwing its hat in the ring for a potential reworked pipeline med against COVID-19. The biopharma, which has been focused on rare diseases, is tapping its early-stage cancer drug, currently in a test for certain leukemias, to see whether it can help patients afflicted with the disease. It is any day now kick-starting a phase 2/3 trial …

New Jersey Solutions For Cell And Gene Development and Manufacturing

Louis Garguilo | Outsourced Pharma

New Jersey’s first university-based, cell-and-gene-therapy development and manufacturing innovation center for-hire, was founded on the answers to these questions of the biopharma industry: What are your main challenges in manufacturing gene and cell therapy products? What are your challenges in recruiting talent? What do you need to effectively train your current employees? Answers poured in pre-establishment of the center from …

Attracting Tech Companies – A NJ Success Story

Joe Cavaluzzi | New Jersey Business Magazine

Best-educated workforce, IT infrastructure, strong base of life sciences and fintech talent drawing companies to the Garden State. New Jersey boasts the highest concentration of scientists and engineers per square mile in the United States – tied with Massachusetts. Add numerous technology partnerships with top universities and a growing number of community college and high school, vocational tech, and advanced …

BIO/TEConomy’s Report Confirms New Jersey’s Continued National Industry Leadership

Randi Bromberg | BioNJ

TRENTON, NJ (June 8, 2020) – New Jersey is being touted as a national leader at the BIO Digital International Convention taking place this week. Released earlier today, BIO/TEConomy’s report, “The Bioscience Economy: Propelling Life-Saving Treatments, Supporting State & Local Communities,” analyzes the bioscience industry’s economic footprint across the nation. The study details each of the biosciences subsectors including, biotechnology, pharmaceuticals, health care technology systems, agriculture and therapeutic …

Novartis Inks Deal to Make Experimental Coronavirus Vaccine

Denise Roland | The Wall Street Journal

Swiss drugmaker will make gene-based Covid-19 vaccine being developed at Massachusetts Eye and Ear, Massachusetts General Hospital and University of Pennsylvania Novartis AG has agreed to manufacture a gene-based coronavirus vaccine being developed by scientists at Massachusetts Eye and Ear hospital, Massachusetts General and the University of Pennsylvania, paving the way for human testing to begin later this year. The Swiss drugmaker’s …

Merck Does Deals to Develop Coronavirus Vaccines, Drug

Jared S. Hopkins | The Wall Street Jounrnal

Big drugmaker Merck MRK -0.36%  & Co. said it is working on two potential vaccines and an experimental drug against the coronavirus, joining rivals in the frantic search for medicines. Merck, one of the world’s largest pharmaceutical companies by sales, said Tuesday it is acquiring one experimental vaccine as part of the purchase of its Austrian maker, while partnering in …

17 from New Jersey make 2020’s Fortune 500

Linda Lindner | NJBiz.com

The 2020 Fortune 500 list features 17 companies from the Garden State. The annual list of most profitable companies in the U.S. is based upon 2019 revenue. The 500 that made this year’s list represent two-thirds of the U.S. economy, with $14.2 trillion in revenue. Notable moves of New Jersey companies on the list include Burlington Stores, which experienced the …

World’s First SARS-CoV-2 Serology Test Detects Neutralizing Antibodies Without Containment Facility or Specimen

HospiMedica

Researchers have developed the world’s first serological coronavirus detection system that allows for rapid detection of neutralizing antibodies (NAbs) present in the serum of COVID-19 patients without the need for live biological materials and biocontainment facility. GenScript Biotech Corporation (Piscataway, NJ, USA), Duke-NUS Medical School, and the Diagnostics Development Hub (DxD) at Singapore’s Agency for Science, Technology and Research (A*STAR) …

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