Aeglea bounces back with Spyre buy, fundraise

Today's Big News

Jun 22, 2023

Federation Bio cuts undisclosed number of staff months after launching first trial


Nutcracker Therapeutics lays off 12 employees less than 18 months after $167M series C


Tourmaline heads to Nasdaq, inking Talaris reverse merger to fund midphase trials of Pfizer castoff


Aeglea stays afloat by scooping up Spyre, tacking on $210M in private placement  


Bayer-partnered Azitra hopes to apply $7.5M IPO proceeds to near-clinical dermatology pipeline


UniQure's stock plummets after data drop for Huntington's disease gene therapy


Aslan sells Japanese rights to would-be Dupixent rival for $12M


The culprit behind hairy moles could treat pattern baldness

The Top Line Podcast: don’t miss out on the newest episode where we discuss ASCO data, rising health tech stars, and more. Listen now.

 

Featured

Federation Bio cuts undisclosed number of staff months after launching first trial

Federation Bio is joining the layoff ranks, cutting loose an undisclosed number of employees. The company dosed the first patient in its first clinical trial at the end of 2022.
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Top Stories

Nutcracker Therapeutics lays off 12 employees less than 18 months after $167M series C

Nutcracker Therapeutics has laid off a dozen employees, according to two sources familiar with the decision. A spokesperson declined to comment on the layoffs.

Tourmaline heads to Nasdaq, inking Talaris reverse merger to fund midphase trials of Pfizer castoff

Talaris Therapeutics’ plans have crystallized. Having stopped its transplant programs and hunkered down, the biotech has entered into a reverse merger that will provide Tourmaline Bio with a platform for taking an ex-Pfizer drug candidate into midphase clinical trials.

Puerto Rico on Gene & Cell Therapy: An Unparalleled Proposal for Non-Dilutive Funding

Puerto Rico is becoming the best place in the world to conduct R&D activities for emerging technologies. Could your organization maximize growth potential by capitalizing on Puerto Rico’s unique tax incentives & culture of innovation?

Aeglea stays afloat by scooping up Spyre, tacking on $210M in private placement

Aeglea is staying on Wall Street, for now, buying up Spyre Therapeutics and tacking on $210 million through a private placement. The company was on the hunt for strategic alternatives after laying off almost all its remaining staff in April.

Bayer-partnered Azitra hopes to apply $7.5M IPO proceeds to near-clinical dermatology pipeline

Bayer-partnered Azitra will use the proceeds of a $7.5 million IPO to push its engineered bacterial treatments into the clinic.

UniQure's stock plummets after data drop for Huntington's disease gene therapy

UniQure’s stock has hit a six-year low after an interim data drop for a study evaluating its investigational gene therapy for Huntington’s disease.

Aslan sells Japanese rights to would-be Dupixent rival for $12M

Zenyaku Kogyo is lining up a challenge to Sanofi and Regeneron’s blockbuster Dupixent in Japan, paying Aslan Pharmaceuticals $12 million upfront for local rights to a midphase eczema drug candidate.

The culprit behind hairy moles could treat pattern baldness

Startup Amplifica is looking to turn the molecule that makes hair grow in moles into a viable therapy for androgenetic alopecia.

Leal Health adds a 'first' with FDA-approved cancer treatment decision support service

Leal Health, an AI-powered health tech firm, expanded its platform with the addition of FDA-approved cancer treatment decision support—a first-of-its-kind tool in the industry.

Aldeyra's eye cancer hopes dashed as FDA issues rejection citing lack of clinical data

Aldeyra's bid for an approval in primary vitreoretinal lymphoma wasn't supported by clinical trial data as the company doesn't think a study in the rare and fatal disease is feasible, CEO Todd Brady, M.D., Ph.D., said in a statement. Now, the company hopes its drug can be used through an expanded access program.

Pfizer, GSK RSV shots get tepid recommendations from CDC advisory panel

The CDC's Advisory Committee on Immunization Practices has recommended that adults 60 and older—in consultation with their doctors—receive vaccines to prevent lower respiratory tract disease caused by respiratory syncytial virus. The thumbs-up, however, was anything but enthusiastic.

Healthcare dealmaking 'resilient' despite regulatory, economic headwinds: PwC

Even in the face of substantial headwinds, dealmaking in the healthcare industry hasn't fallen off, according to a new analysis from PwC.

PhRMA joins legal battle over Inflation Reduction Act's 'price-setting' measures

Trade group PhRMA is the latest to go after the IRA in a lawsuit claiming violations of the Fifth and Eighth amendments. The suit follows similar legal efforts by Merck and Bristol Myers Squibb.
 
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Resources

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Enhance the cost-effectiveness of your GMP chemical supply chain

Learn how to develop a high-performing supply chain for cGMP chemicals used throughout your bioprocessing workflows.
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Autoantibodies: Powerful Biomarkers in Cancer Precision Medicine

Autoantibody screening is promising for early cancer detection with the potential to improve the whole treatment decision tree, providing a less invasive, powerful approach.
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Designing an Optimal APAC Clinical Supply Chain

Discover key considerations that every trial sponsor should know when navigating the complex clinical supply distribution landscape across Asia-Pacific.
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Running Decentralized Trials at Scale

Explore how clinical supply can be scaled up as decentralized programs progress, and how technological solutions can accelerate trial deployment.
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Questions You Need to Ask Your CRO About Clinical Supply

Planning on using a CRO to support your next clinical study? This infographic outlines critical areas to address at the start of the relationship in order to ensure that budget and timelines keep on track for the duration of the trial.
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Strategies to Optimize Clinical Trial Enrollment Timelines

See how clinical trial sponsors can build stronger strategies to address challenges across the patient enrollment funnel, starting with four necessary steps.
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Commercializing Gene Therapies, Part 4 – Market Entry

This paper outlines various market archetypes and key considerations leaders must address when prioritizing new potential markets for gene therapies.
 

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