Hedge fund Armistice Capital has taken a 5.4% stake in Spectrum Pharmaceuticals, agitating for sweeping changes in how the biotech does business and demanding it find a buyer on the quick.
Hanmi Pharmaceutical has licensed its poziotinib for treating several types of cancer to U.S.-based Spectrum Pharmaceuticals.
Spectrum Pharmaceuticals has won an early nod from the FDA for belinostat, a new T-cell lymphoma drug that will be sold as Beleodaq.
Spectrum Pharmaceuticals has snapped up South San Francisco-based Talon Therapeutics and its leukemia drug Marqibo for the bargain-basement price of $11.3 million and CVRs worth up to $195 million.
Spectrum Pharmaceuticals snagged the rights to an orphan-designated, pivotal-stage cancer treatment coupled with a specialized delivery component that increases stability and solubility.
As plant problems drained away supplies of the important generic chemo drug leucovorin a few years ago, Spectrum Pharmaceuticals got to play the hero by upping production of its own branded version, Fusilev, or levoleucovorin.
The company plans to advance the program, which has fast-track status in the U.S., to an FDA review next year.
Welcome to this week's roundup of hirings and firings throughout the industry. Please send the good word (or the bad) from your shop to Alison Bryant (email | Twitter) and Nesa Nourmohammadi (...
Spectrum Pharmaceuticals ($SPPI) put on the best face possible on the news that its bladder cancer drug apaziquone failed two late stage studies.
A recent example of the FDA stepping in to help alleviate a drug shortage involves high-flying Spectrum Pharmaceuticals and its anticancer drug, Fusilev (levoleucovorin, in 50-mg single-use vials).