Biotech execs battle gender-affirming care bans

Today's Big News

Jun 27, 2023

UPDATE: Lilly's next obesity drug just cut an average of 58 pounds—prompting an all-out phase 3 blitz


Sanofi's $1.1B eczema drug hits midphase goal, spurring talk of phase 3 and new indications


Biotech leaders protest 'actively harmful' bans on gender-affirming care


Nkarta cell therapy spurs responses in blood cancer, but specific pre-conditioning needed


Women's health biotech to move lead compound into IVF patients after early-stage win


Aldeyra's roller coaster month ends with 'positive' phase 2 chronic cough readout


Avalo looks to LIGHT as lead asset fails phase 2 asthma trial, dampening stock


Erytech's merger with Pherecydes reaches the finish line after contentious few months


Blackstone injects $140M cash into Sutro Biopharma for Vaxcyte royalties


Meitheal bets there is still life in TNF inhibitors, paying Xentria $45M for lung disease therapy


Fierce Biotech M&A Tracker 2023: Shionogi buys Qpex for $100M; Erytech and Pherecydes plot merger

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UPDATE: Lilly's next obesity drug just cut an average of 58 pounds—prompting an all-out phase 3 blitz

Fifty-eight pounds. That’s how much weight patients lost on average at the end of 48 weeks when taking Eli Lilly’s next-generation obesity treatment. Twenty four percent of their body weight.
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July 18-19, 2023 | Jersey City, NJ
 

Top Stories

Sanofi's $1.1B eczema drug hits midphase goal, spurring talk of phase 3 and new indications

One of Sanofi’s priority assets has hit the primary endpoint in a phase 2b clinical trial. The candidate, which Sanofi snagged in its $1.1 billion Kymab buyout, improved outcomes in eczema patients, clearing the French drugmaker to push into phase 3 and boosting its prospects of targeting other diseases.

Biotech leaders protest 'actively harmful' bans on gender-affirming care

A group of biotech leaders is calling on the industry to join the fight against gender-affirming care bans that are spreading across the U.S.

Novel Oncology Target Claudin 6 Makes its Case in Solid Tumors

In the ongoing search for new cancer treatments, companies including Context Therapeutics are developing potential therapies focused on the emerging novel oncology target Claudin 6.

Nkarta cell therapy spurs responses in blood cancer, but specific pre-conditioning needed

Nkarta Therapeutics’ off-the-shelf natural killer cell therapy appears to be most effective against blood cancer when used with a specific lymphodepletion regimen. But that’s not what most patients have received so far.  

Accessing and Supporting EU Rare Disease Patients: a quick guide

Are you considering expanding your orphan drug in Europe? Discover key strategies to identify, engage and support rare disease patients, ensuring treatment adherence that makes a real difference.

Women's health biotech to move lead compound into IVF patients after early-stage win

Women’s health biotech Freya Biosciences will advance an immunotherapy for a bacterial imbalance in the vagina into patients undergoing in vitro fertilization after early-stage results showed resolution of the condition.

Aldeyra's roller coaster month ends with 'positive' phase 2 chronic cough readout

June has been something of a roller coaster month for Aldeyra Therapeutics. The immune-focused biotech has dived from a phase 3 win down to an FDA rejection and has now leveled out on some positive, if uninspiring, midstage data.

Avalo looks to LIGHT as lead asset fails phase 2 asthma trial, dampening stock

It’s been a rocky few years for Avalo Therapeutics, and the ride doesn’t look like it will be getting easier any time soon. The biotech's lead asset failed to stem asthma events, missing the main goal of a phase 2 clinical trial.

Erytech's merger with Pherecydes reaches the finish line after contentious few months

Erytech's merger with Pherecydes has reached the finish line after a contentious battle with an activist investor. The proposed merger was greenlighted by Erytech's shareholders, denying Akkadian Partners' request to reject it.

Blackstone injects $140M cash into Sutro Biopharma for Vaxcyte royalties

Investor Blackstone Life Sciences is paying Sutro Biopharma $140 million cash and throwing in another potential $250 million in biobucks in exchange for royalties on possible future sales of Vaxcyte’s products.

Meitheal bets there is still life in TNF inhibitors, paying Xentria $45M for lung disease therapy

Xentria’s bid to find a new use for TNF inhibitors has landed it a $45 million upfront. Building on evidence that Remicade improves outcomes in a lung disease, Xentria has persuaded Meitheal Pharmaceuticals to pay the upfront and offer more than $600 million in potential future paydays for North American rights to its candidate.

Fierce Biotech M&A Tracker 2023: Shionogi buys Qpex for $100M; Erytech and Pherecydes plot merger

Fierce Biotech's M&A Tracker, your one-stop shop for dealmaking in the biopharma universe.

Illumina begins layoffs in plan to cut more than $100M in expenses this year

Just a couple of months after laying out a plan to shave off at least $100 million from its 2023 expenses, Illumina is beginning to make those cost-cutting moves.

Biogen shareholders vote in Susan Langer as director despite relationship with former board member

Despite the controversy surrounding a relationship with departing director Alex Denner, Susan Langer has secured enough investor support to join Biogen’s board.

Coming and going paid off for biopharma CEOs in 2022

For the first time in a decade, compensation for chief executives at S&P 500 companies declined in 2022. But you won’t find any evidence of the slide in biopharma. In an industry often said to be immune to economic headwinds, its top execs were again well compensated, with most getting significant bumps in pay

Energy and Commerce Committee's Frank Pallone calls on Republicans to help tackle US drug shortage fiasco

While Energy and Commerce Committee Democrats are supporting five bills that seeking to tackle drug and medical device supply chain hiccups in the U.S., committee Republicans have so far declined to take up the prospective legislation.

Introducing the Fierce 50: Honoring healthcare and biopharma champions fighting for patient care

The Fierce 50 is a groundbreaking project that shines a spotlight on the true powerhouses driving advancements in medicine, fostering innovation and shaping the future of biopharma and healthcare.
 
Fierce podcasts

Don't miss an episode

'Podnosis': Health equity, measuring social determinants of health

This week on "Podnosis," we talk about the momentum behind addressing health equity challenges. Also under discussion is how social drivers of health are finally being recognized by CMS.
 

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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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