Amgen, Abbott Win BayBio Awards

Amgen (NASDAQ: [[ticker:AMGN]]) and Abbott Laboratories (NYSE: [[ticker:ABT]]) took home a couple of the top prizes last night at the BayBio Pantheon Awards. Amgen received honors for the best therapeutic with denosumab (Prolia) for osteoporosis, while Abbott won for the outstanding medical device—a product called MitraClip that repairs leaky heart valves without requiring surgery, which it acquired from Menlo Park, CA-based Evalve. Other winners included Solazyme, the South San Francisco-based developer of biofuels; Pacific Biosciences, the DNA sequencing toolmaker in Menlo Park, CA; and Emeryville, CA-based cancer drug developer Onyx Pharmaceuticals (NASDAQ: [[ticker:ONXX]]), among others. The event drew a record-high 700 attendees, according to BayBio. For a complete list of the winners, click here.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.