U.S. biotech company Pieris Pharmaceuticals partnered with Roche subsidiary Genentech for $20 million up front and may be eligible to receive more than $1.4 billion in additional milestone payments, The Pharma Letter reported May 25.
Ophthalmology
Two ophthalmology clinics are opening in North Carolina, and private equity-backed ophthalmology companies are expanding.
Durham, N.C.-based Duke Health is opening an eye clinic on its campus in Morrisville, N.C., on May 24, according to a LinkedIn post.
In 2020, 64 percent of self-employed ophthalmologists experienced reduced patient volume, according to a compensation report by medical information company Medscape.
Developers have finished the building structure for an ophthalmology ASC in Alabama.
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Biopharmaceutical company Aptinyx recently announced Joan Miller, MD, as a new addition to its board of directors.
Atlanta-based, private equity-backed EyeSouth Partners has completed its 10th affiliation in Georgia and its 23rd overall, according to a May 10 release.
Ophthalmology was hit hardest in the early stages of the pandemic, but average compensation rates remain steady.
Sacramento, Calif.-based UC Davis Health is expanding its ophthalmology ambulatory care center, the Ernest E. Tschannen Eye Institute, located on its main campus.
A state list of ophthalmology centers that have opened or broken ground this year: