GSK, German Merck's $4.2B bintrafusp alfa drug a bust, fails to beat king Keytruda in lung cancer Roller coaster ride for Verastem continues as 2 weeks into the job, its CMO quits Biden and biotech: Science first Turnstone buys Myst to add tumor-infiltrating lymphocyte assets Adagene plans $125M IPO to go after cancer niches targeted by BMS and Pfizer Ideaya, Spelman College team up to provide young African American women a steppingstone to biotech careers Thermo Fisher nets hand-held COVID-19 test maker Mesa Biotech with $550M deal Ionis and UCSD take an antisense approach to fighting treatment-resistant multiple myeloma Featured Story | By Ben Adams A drug that Pfizer passed over but saw a revitalized cancer R&D-focused GlaxoSmithKline jump on for $4.2 billion has come up as a dud in a key trial pitting it against U.S. Merck’s blockbuster Keytruda. read more |
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| Thank you to Catalent for sponsoring this year's JPM 2021 coverage. |
Top Stories By Ben Adams After selling off its marketed cancer drug and focusing back on its pipeline after the loss of its CEO in 2019, Verastem started 2021 looking for stability in a new chief medical officer. read more By Ben Adams The November election now seems such a long time ago: It has, in fact, been less than three months, but that time has been filled with political and scientific catastrophes that will shape President Joe Biden’s term in office. read more By Nick Paul Taylor Turnstone Biologics has acquired tumor-infiltrating lymphocyte (TIL) startup Myst Therapeutics. The takeover gives Turnstone TIL capabilities put together by an ex-Kite scientist to complement its initial focus on oncolytic viruses. read more By Nick Paul Taylor Chinese cancer biotech Adagene has filed to raise up to $125 million in a Nasdaq IPO. The listing will give Adagene the means to run early-phase clinical trials of antibodies against CD137 and CTLA-4. read more By Amirah Al Idrus When the Biotechnology Innovation Organization surveyed its member companies last year, it found they were approaching gender parity, but were lagging behind on racial and ethnic diversity. Spelman College and Ideaya Biosciences are taking aim at both through a partnership that will connect the former’s students with internships and other opportunities from the latter. read more By Conor Hale Thermo Fisher Scientific continues to spend the massive windfall from COVID-19 testing that it’s gathered over the past year, with its second nine-digit acquisition in less than a week. read more By Arlene Weintraub Ionis teamed up with researchers at the University of California, San Diego to inhibit the gene IRF4 in multiple myeloma using an antisense oligonucleotide. 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