CoreRx to Acquire Societal CDMO in $130M Deal

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CoreRx Inc. has agreed to acquire Societal CDMO, Inc., a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, in a deal valued at approximately $130 million. To learn more, please check out this article from Contract Pharma.

Ginkgo Bioworks Acquires Patch Biosciences

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Ginkgo Bioworks has acquired Patch Biosciences, which has built an AI platform for sequence design that enables more effective, specific, and durable genetic medicines and was backed by Andreessen Horowitz (a16z) Bio + Health, Casdin Capital, and S32. See more details on the acquisition here.

Andelyn Biosciences Selected as AVV Manufacturing Partner

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Andelyn Biosciences Inc., a cell and gene therapy Contract Development and Manufacturing Organization (CDMO), has been selected to manufacture adeno-associated vectors (AAV) therapies in its suspension platform for several programs under the Foundation for the National Institutes of Health (FNIH) Accelerating Medicines Partnership (AMP) Bespoke Gene Therapy Consortium (BGTC). See more details here

How to Screen for Company Culture Fit

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Do you think about Company Culture when you are interviewing?  If not, you need to be.  For success with long term hiring, making sure the person can do the job is key, but what if they don’t fit with the company mission or goals?  Ignoring this fact can set you up for disappointment down the… Read more »

Your Star Candidate Has a Noncomplete! What Now?

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While local rules vary, noncompetition agreements are still widely prevalent in commercial positions.  While these agreements can be very limiting to a candidate, they can also open up the door for liability for the hiring company.  This article does a great job of explaining how to handle these situations.

Avoid the Hiring “Buzzwords” in Your Next Job Posting

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Do you get interview-worthy candidates from your job postings?  Do you get any candidates at all?  Are you making the same mistake as the majority of the people out there posting jobs?  Buzzwords like “Growth,” “Exciting,” “Motivated,” and “Start-up” are thrown around like they are going to make you unique and different when in reality… Read more »