Tesaro (original) (raw)

From Wikipedia, the free encyclopedia

American pharmaceutical company

Tesaro, Inc.

Company type Subsidiary
Industry Pharmaceuticals
Founded 2010; 15 years ago (2010), in Waltham, Massachusetts
Headquarters Waltham Edit this on Wikidata, United States Edit this on Wikidata
Products Varubi
Number of employees 286 (2016)
Parent GSK(2019–present)
Website tesarobio.com

Tesaro Inc. is a pharmaceutical company based in Waltham, Massachusetts. They focus on drug development for cancer.

Tesaro was founded in 2010.[1] The company's first commercial product, Varubi, was approved by the FDA in October 2015.[2] As of 2016, the company had 286 full-time employees, 59 of whom had a PhD or MD.[3] The company's product Niraparib was granted priority review and was given a target action date of June 2017 by the FDA.[4] In March 2017, Tesaro won approval for its drug Zejula to treat ovarian cancer.[5] On May 31, 2017, it was reported that Tesaro Inc. was exploring a sale.[5] On December 3, 2018, GSK announced it would acquire the company for $5.1 billion,[6] and the deal was completed on January 22, 2019.[7]

Products under development

[edit]

  1. ^ "Tesaro". FierceBiotech. Retrieved 2017-02-25.
  2. ^ "TESARO - Quarterly Report". Ir.tesarobio.com. Retrieved 2017-02-25.
  3. ^ "TESARO - Annual Report". Ir.tesarobio.com. Retrieved 2017-02-25.
  4. ^ ESARO (TSRO) Announces Priority FDA Review for Niraparib NDA, Street Insider, December 20, 2016, archived from the original on December 21, 2016, retrieved June 8, 2017{{[citation](/wiki/Template:Citation "Template:Citation")}}: CS1 maint: bot: original URL status unknown (link)
  5. ^ a b D. Rockoff, Jonathan; Cimilluca, Dana (May 31, 2017). "Tesaro Explores Sale". Wall Street Journal. New York City, New York. Retrieved June 1, 2017.
  6. ^ "GSK slides after buying cancer firm Tesaro for hefty $5.1 billion". 3 December 2018. Archived from the original on December 4, 2018 – via uk.reuters.com.
  7. ^ "GSK completes acquisition of TESARO, an oncology focused biopharmaceutical company". 22 January 2019.
  8. ^ "2016 Press Release: Niraparib Significantly Improves Outcome of Ovarian Cancer Patients in Landmark Trial". ESMO. Retrieved 2017-02-25.