Tengion

Devices & Diagnostics

Regenerative medicine firm Tengion moves HQ to North Carolina

Regenerative medicine company Tengion (NASDAQ:TNGN) has relocated its headquarters from Pennsylvania to North Carolina, where the company maintains R&D operations. The move to North Carolina comes nearly two months after Tengion announced a corporate restructuring that included scaling back its Pennsylvania footprint and  focusing its resources on the R&D facility in Winston-Salem, North Carolina. The […]

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Tengion gets new CEO as it pursues strategic partnership talks

John L. Miclot has been appointed CEO of Tengion (NASDAQ:TNGN), a regenerative medicine business in East Norriton, Pennsylvania, as it pursues strategic partnership discussions. Miclot fills a vacancy left by Steven A. Nichtberger who resigned in June. David I Scheer, chairman of Tengion’s board, had taken a more active role in the company until a […]

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TNGN restructures to save cash, focus on R&D while it seeks a partner

Regenerative medicine company Tengion (NASDAQ:TNGN) is restructuring with moves that reduce headcount, focus operations on its North Carolina R&D arm and conserve enough cash to last another year. Tengion said the restructuring plan will allow the company to fund its lead development programs through key milestones next year while also cutting its spending. The company […]

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Regenerative medicine: Technology whose time has come

Regenerative medicine is now Tim Bertram‘s work but in previous chapters of his career, he focused on drugs while working for large pharmaceutical companies such as Pfizer (NYSE:PFE), Smithkline Beecham Pharmaceuticals and Procter & Gamble (NYSE:PG). Bertram left big pharma seven years ago to join Tengion (NASDAQ:TNGN), whose tissue regeneration technology was originally developed at […]

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Tengion shuffles management; CEO search under way

Regenerative medicine company Tengion‘s (NASDAQ:TNGN) Chief Scientific Officer Timothy Bertram will handle CEO duties while the company searches for a new top executive. Former CEO Dr. Steven Nichtberger resigned from the company on June 30. No reason was given for the resignation, but the company had said in securities filings that his departure “is not […]

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Orphan drug status granted to Tengion tissue regeneration technology

Regenerative medicine company Tengion (NASDAQ:TNGN) has been granted orphan drug designation on its technology that is initially being developed to help patients with bladder cancer. Tengion’s platform technology for organ regeneration can create organs and tissues that the body will recognize as its own. The technology is intended to offer an alternative to current practices […]