Pepper shakes on $135M deal with G1

Today’s Big News

May 1, 2024

How Lilly is using its Mounjaro millions to position as biotechs’ ‘partner of choice’


Bob Nelsen on ARCH-led megarounds: ‘We want the IPO book in the seed round’


Pepper Bio spices up pipeline with $135M deal for G1 Therapeutics’ CDK4/6 inhibitor


Jacobio's KRAS data tee up safety-focused pitch for lung cancer market

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Featured

How Lilly is using its Mounjaro millions to position as biotechs’ ‘partner of choice’

Eli Lilly’s explosion into the weight loss space is proving fruitful for shareholders, but it’s also providing fresh opportunities for biotechs looking for a Big Pharma partnership.
 

Top Stories

Bob Nelsen on ARCH-led megarounds: ‘We want the IPO book in the seed round’

The three highest private biotech financings so far in 2024 totaled nearly $1.7 billion, led by Xaira Therapeutics’ $1 billion unveiling last week. One constant behind all three companies: ARCH Venture Partners.

Pepper Bio spices up pipeline with $135M deal for G1 Therapeutics’ CDK4/6 inhibitor

With $6.5 million in seed funding, Pepper Bio has decided to shake up its portfolio by acquiring a CDK4/6 inhibitor from G1 Therapeutics.

Jacobio's KRAS data tee up safety-focused pitch for lung cancer market

Jacobio Pharma is making a play for the Chinese KRAS market, unveiling registrational lung cancer data that suggest its asset can hold its own on efficacy and may have advantages on safety and tolerability.

J&J subsidiary floats $6.48B settlement to resolve thousands of claims that its talc products caused ovarian cancer

J&J’s subsidiary LLT Management has drafted a proposed “Plan of Reorganization” that—if confirmed—would see J&J pay ovarian cancer claimants roughly $6.48 billion over 25 years to resolve 99.75% of its remaining talc lawsuits in the U.S.

FTC targets Novo's Ozempic, others in crackdown on 300-plus 'junk' patent listings in FDA database

The U.S. FTC is not done with its crackdown on what it views as improper listing of patents in the FDA Orange Book. After an initial round of challenge launched in November against more than 100 patents, the FTC is back targeting another 300-plus patent listings by eight pharma firms.

GSK and Genomics collab to explore using genetics in clinical trial design

GSK and Genomics will collaborate on a new precision medicine initiative that assesses how polygenetic risk scores can be used to improve clinical trial design.

BIO survey to elucidate US biopharma’s reliance on Chinese CDMOs amid decoupling threats

Facing a push for China-U.S. decoupling from Washington, the industry trade group BIO now wants to quantify the U.S.’s dependence on Chinese CDMOs through a survey.

Hospitals no longer required to report COVID-19 data to CDC

Hospitals were required to share COVID-19 admissions, ICU capacity and other related data on a daily basis during the height of the COVID-19 pandemic, then the reporting frequency shifted. The CDC said it still encourages hospitals to report their data on a "voluntary" basis and will soon begin displaying those data online.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': A look at pharma revenue rankings

This week on "The Top Line," Fierce Pharma Senior Editor Eric Sagonowsky and Senior Writer Kevin Dunleavy are diving into our annual top pharma companies by revenue special report.
 

Resources

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Guidance for Biotechs Choosing Next-Gen Contract GMP/CMC Labs

Choosing the right contract lab can help drug developers accelerate their timelines and generate cost-efficiencies. For insights into what to look for when selecting a GMP/CMC lab partner read this white paper which delves into a range of factors that can support your needs in both the short-term and in planning for the future.
 

Industry Events

Drug Development Boot Camp® VIRTUAL | Spring 2024

April ‌10-11, ‌2024

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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