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Infinity Pharmaceuticals

Latest Headlines

Latest Headlines

Infinity pays $15M to tailor its deal with Takeda

The Cambridge, MA-based biotech has agreed to pay Takeda $15 million and in exchange Millennium is ripping up its option to bag a 50/50 split on any of Infinity's PI3K inhibitors, including the lead program for IPI-145.

Infinity Pharma axes 20% of jobs

Infinity Pharmaceuticals has cut 20% of its employees as the drug developer advances its lead candidates without R&D dollars from Mundipharma International, the company revealed Tuesday. And the company also blamed its recent decision to end development of its lead anti-cancer compound saridegib for the staff cutbacks.

Infinity Pharma writes off lead drug after two more failed studies

Independent monitors stepped in to shut down another mid-stage cancer study of Infinity Pharmaceuticals' ($INFI) lead drug saridegib after concluding that the experimental therapy was performing no better than a placebo.

Infinity craters after lead drug flunks PhII cancer study

Infinity Pharmaceuticals' ( $INFI ) lead therapy failed a critical mid-stage hurdle as investigators moved to shut down a study for pancreatic cancer after the treatment in combination with a common

Mundipharma tacks on $50M to cancer alliance with Infinity

Infinity Pharmaceuticals ( $INFI ) has some new wiggle room in its budget to develop its PI3K inhibitor intended to combat blood cancers and inflammation. Mundipharma International, Infinity's partner

Infinity inks $488M pact on Intellikine's PI3K portfolio

Infinity Pharmaceuticals, a 2005 Fierce 15 company, has scooped up the global development and commercialization rights to a portfolio of oral PI3K inhibitors developed by Intellikine, including one

Infinity halts late-stage cancer trial, shares plunge

Infinity Pharmaceuticals halted its late-stage trial of an experimental new therapy for gastrointestinal tumors after recording a higher mortality rate among the patients taking the drug. The news

In rocky economy, Infinity Pharma pushes ahead

With cash on hand to last it several years, Cambridge, MA-based Inifinity Pharma has laid out an aggressive growth plan that it says will put its first drug on the market and three other candidates

AZ returns rights to two oncology programs

AstraZeneca has handed back the rights to two oncology programs it picked up in the 2007 acquisition of MedImmune. Infinity Pharmaceuticals gets the full rights to IPI-504 and IPI-493, both of which

Infinity gets $75M for cancer partnership

Infinity Pharmaceuticals is getting $75 million up-front in a partnership deal for the company's early-stage research. Purdue Pharma and affiliate Mundipharma are buying 4 million shares of Infinity