After CEO-switching saga CureVac names full-time chief, CSO AbbVie cans Voyager Alzheimer’s, Parkinson’s gene therapy pacts Struggling Redx out-licenses fibrotic asset to AstraZeneca, sees stock sky rocket Merck bags J&J castoff from Hanmi to expand NASH pipeline PMV Pharma nabs $70M for tumor suppressor programs Pfizer reups PPD deal in a contract research pact spree Novartis’ Ilaris unexpectedly slashes need for joint replacements from osteoarthritis in key study NIH picks seven COVID-19 diagnostic tests in 'Shark Tank' competition, unlocking $248.7M in scale-up funding Featured Story By Amirah Al Idrus Even as it scrambled to pitch in against the COVID-19 pandemic, CureVac found itself embroiled in a game of executive musical chairs. Now, as it pushes an mRNA vaccine toward the clinic, it’s named a permanent chief, Franz-Werner Haas, and signed a Novartis alum, Igor Splawski, Ph.D. as its new top scientist. read more |
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| Top Stories By Nick Paul Taylor AbbVie has terminated its Alzheimer's and Parkinson’s disease pacts with Voyager Therapeutics. The Big Pharma paid $134 million to enter into the two partnerships, but then dropped the projects after Voyager completed research activities. read more By Ben Adams AstraZeneca is picking up a delayed preclinical fibrosis candidate from Redx in a deal that gives the U.K. biotech a much needed cash boost which also saw its shares sky rocket. read more By Nick Paul Taylor Merck is set to pay Hanmi Pharmaceutical $10 million for the rights to a GLP-1/glucagon dual receptor agonist that Johnson & Johnson discarded last year. J&J studied the drug in midphase obesity clinical trials, but Merck sees it as a potential treatment for nonalcoholic steatohepatitis (NASH). read more By Amirah Al Idrus PMV Pharmaceuticals is topping up its coffers—just eight months after raising $62 million in its series C round, the cancer biotech is reeling in another $70 million. The capital will advance a suite of candidates targeting p53, a tumor-suppressing protein that is mutated in many cancers. read more By Ben Adams Pfizer has always been a heavy user of CROs, and over the past few months it’s been ramping up its partnerships. read more By Arlene Weintraub Novartis has been laboring for the last few years to expand the market for Ilaris, a drug that’s currently approved to treat a few rare inflammatory diseases. Now it has data from a 10,000-patient trial showing that people with osteoarthritis taking the drug had 40% to 47% lower rates of total knee or hip replacements than did those taking a placebo. read more By Conor Hale After scrutinizing several dozen submissions to its national, “Shark Tank”-esque pitch competition for new COVID-19 diagnostics technologies, the National Institutes of Health has selected its first seven projects that will move on to a new phase of manufacturing and scale-up—and has unlocked nearly a quarter of a billion dollars for the effort. read more Enrollment Showcase Presented by: Biotility Taught by experienced professionals, Biotility’s online short courses provide the knowledge and practical skills valued by the bioscience industry. Enhance your career through coursework in one of our certificate pathways, including Document Management, Operations Management, and Quality Management. Learn more. |
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