Bayer's deep pockets working in Dr. Rizo's favor.......

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kmall
Posts: 756
Joined: Thu Mar 21, 2019 3:57 pm

Bayer's deep pockets working in Dr. Rizo's favor.......

Post by kmall » Fri Mar 10, 2023 11:38 am


LWS
Posts: 601
Joined: Thu Jul 14, 2016 2:00 am

Re: Bayer's deep pockets working in Dr. Rizo's favor.......

Post by LWS » Fri Mar 10, 2023 4:16 pm

More Deep Pockets with a Possible Interest in Imetelstat

Novo Nordisk to Expand R&D Presence in Boston Area
March 02, 2023


Published March 02, 2023 02:32 AM Eastern Time
Dow Jones Newswires

Danish pharmaceutical company Novo Nordisk AS said Thursday it plans to expand its research and development presence in the greater Boston metropolitan area, creating one of its largest research and development hubs outside of Denmark.

The new hub, which will leverage the company's existing presence in Lexington, Cambridge and Watertown, Massachusetts, will be home to the majority of Novo Nordisk's U.S.-based research and development activities, it said.

The company said it expects to add over 200 new jobs in the Boston area in 2023.

With the establishment of greater Boston as Novo Nordisk's principal research and development location in the U.S., the company will transfer its lab-based discovery activities from Seattle to other locations and will also close the research and development facility in Indianapolis. This is expected to result in the elimination of around 20 positions in Indianapolis and 80 positions in Seattle.

Novo Nordisk said affected employees will be offered the opportunity to pursue open positions at other locations.

The company will continue to have a presence in Seattle, with a focus on digital therapy, data science and artificial intelligence.

Write to Dominic Chopping at dominic.chopping@wsj.com

Ryan
Posts: 353
Joined: Sat Jul 08, 2017 1:41 pm

Re: Bayer's deep pockets working in Dr. Rizo's favor.......

Post by Ryan » Fri Mar 10, 2023 9:43 pm

Novo is crushing it with Ozempic.

kmall
Posts: 756
Joined: Thu Mar 21, 2019 3:57 pm

Re: Bayer's deep pockets working in Dr. Rizo's favor.......

Post by kmall » Fri Mar 10, 2023 10:24 pm

Ryan - to the tune of $5.6B/yr.

Won't be long until Imetelstat is putting up those numbers. -Kmall

kmall
Posts: 756
Joined: Thu Mar 21, 2019 3:57 pm

Re: Bayer's deep pockets working in Dr. Rizo's favor.......

Post by kmall » Fri Mar 31, 2023 5:11 am

Dr. Rizo and Vividion Therapeutics get a mention and interview for Bayer Media Day 2023.....

https://www.healthcareradius.in/rd/new- ... day-berlin

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