Regeneron nabs $326M for next-gen COVID therapy

Editor’s Note: The Top Line is taking a 2-week summer break, and the Fierce Life Sciences team will resume with a new episode during the week of September 4th.

Today’s Big News

Aug 23, 2023

J&J ends R&D at Janssen's infectious disease and vaccine unit


Roche posts interim TIGIT overall survival data after 'inadvertent disclosure,' sending stocks up


Regeneron secures $326M in BARDA funds to work on next-gen COVID antibody therapy


Rapport finds 'precision neuroscience' are the right words to talk investors into another $150M in mere months


Agenus lays off 25%, sidelines other assets to go all-in on CTLA-4/PD-1 cancer combo 


Lynk hits main goal for ankylosing spondylitis to wrap up clean sweep of phase 2 JAK trials


Pfizer cuts enrollment for Lyme disease trial after CRO debacle


PicnicHealth enters the oncology field with AstraZeneca tagging along for lunch

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

J&J ends R&D at Janssen's infectious disease and vaccine unit

More than six months after Johnson & Johnson merged its infectious disease and vaccine units, the healthcare giant is cutting research and development for the unit altogether, according to sources familiar with the decision. 
11-14
Sep
Philadelphia, PA
 

Top Stories

Roche posts interim TIGIT overall survival data after 'inadvertent disclosure,' sending stocks up

An “inadvertent disclosure” has given the world a look at Roche’s eagerly anticipated TIGIT data. Having kept its cards close to its chest throughout the phase 3 lung cancer study, the Swiss drugmaker published interim overall survival results Wednesday after they were mistakenly made public.

Regeneron secures $326M in BARDA funds to work on next-gen COVID antibody therapy

The Biomedical Advanced Research and Development Authority (BARDA) has tapped Regeneron for a next-generation COVID-19 antibody therapy, promising up to $326 million in government funds in the hope of getting a candidate into the clinic this year.

Rapport finds 'precision neuroscience' are the right words to talk investors into another $150M in mere months

Going from stealth to a $150 million series B in five months may seem fast, but for Rapport Therapeutics, 10 years of toiling in the labs at Johnson & Johnson beforehand helped the neurological disease biotech accelerate straight from the gate.

Agenus lays off 25%, sidelines other assets to go all-in on CTLA-4/PD-1 cancer combo

Agenus is putting its CTLA-4/PD-1 combo treatment center stage for the time being, while hauling all other unpartnered programs up to the attic for safe keeping. The strategic prioritization will also see 25% of the biotech’s employees headed out to the curb.

Lynk hits main goal for ankylosing spondylitis to wrap up clean sweep of phase 2 JAK trials

Lynk Pharmaceuticals has completed a clean sweep of midphase clinical trials. Having reported primary endpoint hits in two indications earlier this year, the Chinese biotech has maintained its pristine record by linking the JAK1 inhibitor LNK01001 to improvements in adults with active ankylosing spondylitis.

Pfizer cuts enrollment for Lyme disease trial after CRO debacle

After complications with the CRO work behind Pfizer's Lyme disease shot, vaccine R&D chief Annaliesa Anderson, Ph.D., says that much fewer than the planned 18,000 participants will be recruited. 

PicnicHealth enters the oncology field with AstraZeneca tagging along for lunch

PicnicHealth is setting down its lunch basket full of real-world data in the oncology market, and AstraZeneca is bringing dessert.

Fierce Biotech Fundraising Tracker '23: Rapport raises $150M series B; FORE scores $75M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Fierce Biotech Layoff Tracker 2023: Novartis will lay off another 100+ staffers; Agenus cuts quarter of team

We had hoped that our Layoff Tracker would stay retired for a while, but 2023 is starting to look a lot like our old friend 2022 when it comes to layoffs in biotech.

Chinese CRO Tigermed debuts new HQ den in Hong Kong

Global CRO Tigermed has debuted a new international headquarters in Hong Kong in a move to enhance the coordination and management of its worldwide projects.

Zimmer Biomet CEO Bryan Hanson bops over to 3M's soon-to-spin-out healthcare business

Much like a boy band moving on to its next gig, after more than half a decade leading Zimmer Biomet, Bryan Hanson is taking on the top spot at another medtech giant.

Florida health agency sued over alleged illegal Medicaid terminations

In an apparent first case of its kind, two families are suing Florida saying they were illegally kicked off the state's Medicaid rolls.
 

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Key Drivers of Sales Force Strategy in Oncology

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Learn how the right chemical inventory strategy helped save a mid-size CDMO millions of dollars while securing a stable supply of products with just-in-time delivery.
 
 

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