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Biotech Firm Slashes 75% of Staff After FDA Rejects Drug for Rare Lung Cancer

In rejecting Spectrum Pharmaceuticals drug poziotinib, the FDA said the biotech needs to generate more data from another clinical trial. Instead, Spectrum is turning the companyโ€™s focus to commercializing its recently approved product for treating a common cancer complication.
Coherus Biosciences A Spectrum Pharmaceuticals Spectrum Pharmaceuticals Boston Based Spectrum Spectrum President Weight Loss

FDA advisory committee issues back to back negative votes on two cancer drugs

Spectrum Pharmaceuticals and Oncopeptides each received separate negative advisory committee votes for their respective cancer drugs. In other recent regulatory news, clinical trial holds were placed and lifted and the FDA is seeking public comment on its draft guidance for including children in clinical trials.
Eli Lilly Spectrum Pharmaceuticals Boston Based Spectrum Ferring Pharmaceutical Larimar Therapeutics Weight Loss

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