Gilead's Kite makes off-the-shelf play with Shoreline Biosciences CAR-NK deal worth as much as $2.3B FDA rejects Orphazyme's rare disease drug, continuing wild ride for Danish meme stock Athira CEO placed on temporary leave following allegations she altered doctoral research images Sponsored: Inside Track: Behind the Scenes of a Major Biotech SPAC Bristol Myers pays $650M for rights to Eisai's phase 1 ADC U.S. injects $3B-plus into COVID-19 research to develop antiviral pill within a year Backed by Boehringer Ingelheim fund, Nuevocor snags $24M to tackle diseased hearts with gene therapy Johnson & Johnson among companies excluding Colorado residents from remote job openings after new state law Sen. Manchin calls for Woodcock's removal as FDA fallout from Biogen Alzheimer's approval heats up New COVID-19 approach exploits protein response in human cells to combat virus Experts: ACA likely safe from large-scale legal attacks after latest Supreme Court win Fierce Pharma Asia—Daiichi Sankyo, AZ's Enhertu trial; Celltrion's COVID antibody win; Zai Lab's MacroGenics deal Chutes & Ladders—Ex-FDA chief Hahn joins Moderna backer Featured Story By Amirah Al Idrus Gilead’s Kite unit made its name developing autologous CAR-T treatments made from a patient’s own cells. Now, the subsidiary is making another big play in off-the-shelf treatments that can be developed more quickly in a deal with Shoreline Biosciences that could exceed $2.3 billion. The partners will initially work on CAR targets for natural killer cell therapies for blood cancers. read more |
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| Top Stories By Nick Paul Taylor The FDA has rejected Orphazyme’s Niemann-Pick disease type C drug candidate arimoclomol. Orphazyme said the agency wants additional data on the benefits and risks of the heat shock protein amplifier, leading it to cut costs as it figures out its next steps. read more By Kyle LaHucik Athira Pharma's CEO and President Leen Kawas, Ph.D., has been placed on leave amid reports that she altered images in academic research conducted at Washington State University. The news, which dropped after market Thursday, sunk the company's shares 44% to $10.79 apiece as of 10:50 a.m. ET. read more Sponsored by: RBC Capital Markets Take a closer look at the SPAC phenomenon with Dr. David Hung, Founder and CEO of Nuvation Bio and Michelle Doig, Omega Funds Partner and President of its Omega Alpha SPAC. read more By Nick Paul Taylor Bristol Myers Squibb is paying $650 million to secure rights to Eisai’s folate receptor alpha-targeted antibody-drug conjugate MORAb-202. The deal, which is worth up to $2.5 billion in milestones, sets Bristol Myers up to work with Eisai to get the drug into a registrational study next year. read more By Kyle LaHucik The U.S. government has given nearly $20 billion to COVID-19 vaccines. Now, the focus shifts to oral antiviral pills to help prevent serious illness and hospitalizations of COVID-19 and other potential pandemic viruses. read more By Annalee Armstrong Nuevocor wants to restore cardiac function to diseased hearts through gene therapy and now has the backing of Boehringer Ingelheim through a $24 million series A. The Singapore-based startup's lead candidate is an adeno-associated virus-based gene therapy for patients with dilated cardiomyopathy caused by mutations that aren't eligible for conventional gene therapies. read more By Kevin Dunleavy A new Colorado law, designed to narrow the gender pay gap, requires companies to list salary range on job postings. But Johnson & Johnson and other large companies have responded by excluding candidates from Colorado. read more By Noah Higgins-Dunn Sen. Joe Manchin, a moderate Democrat from West Virginia, told President Joe Biden in a letter that interim FDA Commissioner Janet Woodcock is "not the right person to lead the FDA" following the agency's controversial decision to approve Biogen's Alzheimer's drug Aduhelm. read more By Angus Liu The development of COVID-19 drugs has mostly focused on directly targeting the SARS-CoV-2 coronavirus. But scientists at the University of Cambridge are taking a different approach to treating the disease by looking at an infection response pathway in human cells. read more By Robert King The Supreme Court's latest decision to preserve the ACA likely foretells the end of large-scale legal attacks on the healthcare law, but lawsuits challenging other parts will continue. read more By Angus Liu AstraZeneca and Daiichi Sankyo launched a phase 3 trial for Enhertu in front-line breast cancer. Celltrion's coronavirus antibody helped keep COVID patients outside the hospital. Zai Lab licensed four cancer bispecifics from old partner MacroGenics. And more. read more By Conor Hale Ex-FDA chief Hahn joins Moderna backer Flagship Pioneering; One Drop poaches Sanofi's head of diabetes innovation; J&J's Burton grabs hold of Moderna rocket ship as chief medical officer. read more | LabConnect is the leader in innovative central laboratory services for cell and gene therapies. 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