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The FDA just refused to review a new depression drug — and the company’s stock is tanking

The FDA just turned away Alkermes' approval submission for its new drug to treat major depressive disorder.
TwoXar cofounders Andrew M. Radin and Andrew A. Radin

A startup that uses software to discover new drugs just raised $10 million

TwoXar, a startup that uses software to discover new, experimental drugs, just raised $10 million from investors including SoftBank Ventures.

Google X founder explains ‘The Valley of Death’ in product development

There's a reason why all sorts of breakthrough technologies developed by researchers go ignored.

Apple is spending billions on secret R&D projects — and it keeps spending more

Apple spent $2.8 billion on R&D last quarter. That's up from $2.4 billion a year ago. Here's what Apple could be spending its R&D money on.

Tesla burns way more cash on R&D than traditional car makers

Tesla Motors is playing the long game.

Here’s how pharma companies figure out which drugs to bet on years before they’ll ever make money

Bob Abraham, Pfizer's head of oncology research and development, tells Business Insider what it takes to find out which medicines are going to go the distance.