Leading the Way in Life Science Technologies

GEN Exclusives

More »

GEN News Highlights

More »
Feb 12, 2008

Nektar Nixes 150 Employees

  • Nektar Therapeutics cut approximately 150 positions in an effort to transition from a drug delivery service provider to a therapeutics drug development organization. The company also reported that Hoyoung Huh, M.D., Ph.D., will step down from his position as COO and join BiPar Sciences as president and CEO. Dr. Huh will also serve on Nektar’s board of directors.

    “We are transforming Nektar into a world-class drug development company and these changes are a natural progression on the path to achieving this vision,” according to Howard W. Robin, president and CEO. “This restructuring aligns the organization with the future direction of our company and strengthens our ability to drive programs rapidly through the clinic.”

    Nektar is preserving the necessary technical and manufacturing personnel and capabilities to support its efforts to form a new partnership for its inhaled insulin programs.



Be sure to take the GEN Poll

Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

More »