@WBJonline staff reporter covering health care, biotech and life sciences, and cannabis in the D.C.-metro area. @saragilgore for other sporadic stuff.
Joined June 2010
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Oh, and after years of running it, @AdventistHC hopes to finally seal the deal on acquiring the D.C. hospital: bizj.us/1qlc7o
SCOOP: @HowardU Hospital on Georgia Ave. NW (managed by @AdventistHC) might not build a replacement #hospital after all.
Rather, it's “exploring a number of models and options that will result in a modernized hospital” ...
ICYMI over the long weekend: bizj.us/1qlc7n
Then there's @REGENXBIO, which, per this story from @Drubaru, is shaving down its workforce by 15% bizj.us/1qjwfg
And Elutia (which rebranded from @Aziyo_Biologics) is struggling to regain compliance with the @Nasdaq after, yes, a workforce reduction there, too. bizj.us/1qjwfd
Separately, @EmergentWeGo is still betting on Narcan, which it expects to drive more of its revenue than previously projected. And that's following cuts of its own, and the departure of its longtime chief. bizj.us/1qjwfb
Then we have NexImmune, also shaving down its staff — but because it's preparing to wind down the business... bizj.us/1qjw56
Let's start with @Novavax — which today announced plans for more cuts (including layoffs), the impact of an earlier restructuring, and a renewed intention to advance its Covid-flu combo vax bizj.us/1qjwfa
This local biotech is shutting down...
A Gaithersburg biotech developing therapies for cancers patients plans to lay off most of its staff this month and wind down its business, amid a difficult period for life sciences firms locally and nationally. bizjournals.com/washington/n…
Gaithersburg vaccine maker @Novavax reports earnings tomorrow.
Here's what industry analysts told me last week re: its Covid vaccine / competing with the mRNA shots from @pfizer-@BioNTech_Group and @moderna_tx... bizj.us/1qjw54
HEALTH CARE UNION UPDATE: The unionized medical residents at @GWtweets are moving forward with contract negotiations.
But the nurses at @UHS_Inc-owned @GWHospital haven't yet gotten to the table. Here's why: bizj.us/1qju3n
Sara Gilgore retweeted
Silver Spring’s United Therapeutics closed the third quarter projecting to double revenue, to $4 billion, by 2025. Here's why its CEO is so upbeat. bizjournals.com/washington/n…
HEALTH CARE EXEC NEWS: @KPMidAtlantic has named its next leader... bizj.us/1qjtoy
BREAKING: Gaithersburg’s @Novavax just scored a crucial Covid-19 vaccine approval from @EMA_News bizj.us/1qjtox
NEW: @Amgen’s layoffs following its @HorizonNews acquisition won’t immediately affect the company’s D.C.-area presence.
But some things — including re: its Montgomery County real estate — are TBD... bizj.us/1qjs8l
The latest in Greater Washington biotech: @senseibio faces a delisting threat and @NexImmune just regained @Nasdaq compliance.
Oh, and the cuts (to real estate, staff, programs, expenses, etc.) continue. bizj.us/1qjs4s
Anddd we're back on the beat at @WBJonline! Looking forward to catching up with y'all. #health #healthcare #hospitals #startups #biotech #lifesciences #cannabis
The life sciences sector faces a big roadblock to funding after a Covid-driven capital influx.
But the money is still on the sidelines — and slowly coming back in.
Now, companies like Gaithersburg's @immunomix are charting their own paths to secure it. bizj.us/1qj04f
Exclusive: @RoseMHealth founder @KaviMisri has started a new company with a platform for #employers — to help their #employees catch and manage metabolic conditions like #diabetes.
It just raised $$ and has its eyes on more... bizj.us/1qj04g
