BMS-backed Arsenal Bio pulls trigger on $220M series B, touting potential fleet of gene-edited cell therapies CVS wins bidding war for Signify Health, will acquire company in $8B deal FDA's drug shortage prevention guidance draws fire from PhRMA, BIO and Bristol Myers FDA canonizes Magnus Medical's Saint neuromodulation system to treat severe depression Murky FDA feedback leaves Eiger COVID treatment in regulatory limbo Amazon's $3.9B One Medical purchase is being reviewed by FTC, filings show Lonza, Touchlight partner on 'doggybone DNA' development Freenome kicks off study melding multiomics blood test, real-world data for cancer screening Sarepta picks up momentum as FDA lifts hold on phase 2 DMD trial Virginia reels in $52.9M for manufacturing as part of government competition Owkin AI for identifying breast, colorectal cancer types score EU approval MedPAC explores standardized plan options in Medicare Advantage Featured Story | By Max Bayer Arsenal Bio is reeled in $220 million in series B funds off the promise of its programmable autologous cell therapies. The latest fundraising was backed in part by Bristol Myers Squibb, which has partnered with the company on a number of programs. read more |
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Top Stories By Paige Minemyer CVS Health has won the bidding war for home health and technology services company Signify Health. read more By Fraiser Kansteiner Several months after the FDA unveiled a framework to help manufacturers forge risk management plans aimed at combating drug shortages, two trade group heavyweights are sounding their discontent. read more By Andrea Park For people that haven't seen improvements in their symptoms of major depressive disorder with regimens of traditional antidepressants, there is now a new technology to intercede for them. read more By Max Bayer Eiger and its COVID treatment are in a state of purgatory after murky FDA guidance suggests its unknown whether the company will nab emergency use authorization. In March, the company said the treatment passed a phase 3 test and slashed the risk of hospitalizations. read more By Dave Muoio Amazon's acquisition, announced in July, would provide nearly 200 clinics, over 8,000 customers and a trove of member data, jumpstarting its presence in the employer primary care market. The online retailer has also already begun to unwind Amazon Care, its in-house take on hybrid primary and urgent care. read more By Joseph Keenan CDMO giant Lonza inked a deal with Touchlight to expand production and distribution of the biotech’s so-called doggybone DNA platform. read more By Andrea Park A newly launched clinical trial will add another layer to Freenome's cancer-spotting liquid biopsy, folding in real-world data to potentially improve the blood test’s accuracy and highlight ways to make it more accessible in actual clinical settings. read more By Gabrielle Masson Sarepta Therapeutics has broken free from an FDA hold—put in place this June—on its phase 2 Duchenne muscular dystrophy (DMD) clinical trial. read more By Joseph Keenan Virginia’s Advanced Pharma Manufacturing and R&D Cluster is getting a $52.9 million boost. The funding comes as part of a $1 billion federal government competition to address critical manufacturing and supply issues in the U.S. read more By Andrea Park In recent years, artificial intelligence developers have changed the face of medicine with algorithms capable of detecting the earliest signs of cancer. 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