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OncoMed Pharmaceuticals

Latest Headlines

Latest Headlines

OncoMed hits the brakes on cancer studies after troubling safety signs

Cancer biotech OncoMed Pharmaceuticals voluntarily halted dosing and enrollment in two early studies after patients experienced bone damage, sending its shares down roughly 20%.

Celgene commits $3.3B in whopper cancer stem cell deal with OncoMed

Celgene helped seal its reputation as one of the boldest dealmakers in biotech today, putting up $177.25 million in an upfront fee and equity stake while committing to more than $3 billion in milestones to partner on a slate of cancer stem cell programs in development at OncoMed.

OncoMed extends the biotech IPO winning streak with $82M haul

The company not only finally managed to make the IPO leap, it joined a select few which have priced their shares above the range, boosting their take and proving once again that the IPO door has swung wide open and the welcome mat is out--for now. The company sold 4.8 million shares at $17, above the $14 to $16 shares range laid out earlier. The offering raised $82 million.

$350M batch of biotech IPOs to test investors' appetite for risk

Just how much of an appetite is there for biotech IPOs? The industry may well find out over the next 8 days, with 6 new offerings slated to roll out. And 5 of them are expected to fall in a two-day period in the middle of next week.

OncoMed offers $115M IPO bet on cancer stem cell work

A year after scoring a $20 million milestone from Bayer, OncoMed Pharmaceuticals is preparing to see if it can generate enough excitement from investors for its cancer stem cell work to support a $115 million IPO.

Genomic Health, OncoMed to pursue companion diagnostics

Genomic Health and OncoMed Pharmaceuticals have an agreement to identify new biomarkers useful for future companion diagnostics that would go along with OncoMed's cancer drugs now in development.

OncoMed pockets $20M as it takes lead cancer antibody into trial

Redwood City, CA-based OncoMed hit an important milestone in its ambitious collaboration deal with Bayer Schering, earning a $20 million payday after the developer gained FDA acceptance for an IND

OncoMed scores big cancer development pact with Bayer

Germany's Bayer Schering is paying OncoMed $40 million upfront to partner on a slate of new drugs that target cancer stem cells. And the German pharma company is reserving an option to buy up to five

OncoMed banks an additional $93M in Series B

OncoMed Pharmaceuticals has added a cool $93 million to its Series B after completing the second tranche in the round. The new money brings the Redwood City, CA-based biotech's second round haul...