News

Recent Breakthroughs & Developments

Every day California’s biotechnology industry discovers life-saving cures and therapies that allow people around the world to live longer, healthier, fuller lives. Learn about these medical miracles and the latest biotech news.

Industry News

Recaps of the latest breakthroughs, as reported in CBF’s monthly newsletter.

August CBF
August 2021

The Food and Drug Administration (FDA) recently granted full approval to the Pfizer-BioNTech coronavirus vaccine for people ages 16 and older. The Moderna vaccine is currently under the full FDA review process and is expected to receive the same status very soon. …read more

July CBF
July 2021

Nearly 200 million people across the globe have contracted COVID-19 with millions of lives ending too soon. …read more

In the News

Breaking news, as reported throughout the world.

eli lilly
August 19, 2021

The expanded approval offers a significant boost for Jardiance, sales of which are already on track to top $1 billion this year. In the second quarter, revenue from the drug jumped 36% to about $357 million.

…read more

astrazeneca
August 2, 2021

The Food and Drug Administration has approved AstraZeneca’s drug Saphnelo for the treatment of systemic lupus, the British pharma announced Monday, making the antibody the first new drug cleared for the autoimmune condition since GlaxoSmithKline won approval for Benlysta in 2011.
…read more