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Today's Rundown Five Prime's new CEO wields ax, laying off 70 staffers Gilead, Galapagos share 52-week update on filgotinib Aridis nabs pharma veteran as ex-CMO leaves for 'personal reasons' after drug flop [Sponsored] Thwarting Subjectivity in Clinical Trials Shionogi, Hsiri Therapeutics build out lung disease R&D pact How Viagra could boost a widely used blood cancer treatment EuroBiotech Report—UCB inks $2.5B deal; Oxford spinout; Bayer, Merck and Gilead FiercePharmaAsia—Aurobindo, Glenmark FDA dings; Takeda-Prometheus IBD pact; Ascletis’ new CSO Chutes & Ladders—Gilead Sciences nabs ex-Genentech exec Parsey as next CMO Featured Story | | | Friday, October 11, 2019 Five Prime Therapeutics’ interim CEO William Ringo has moved to lay off 70 employees within weeks of taking up the position. The cuts will leave Five Prime with a “small research group” focused on taking clinical candidates forward with the help of service providers and contractors. |
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Top Stories Friday, October 11, 2019 Gilead and Galapagos have said that 52-week phase 3 data for JAK1 inhibitor filgotinib in rheumatoid arthritis are consistent with earlier readouts. The update comes as Gilead prepares to make the case that filgotinib is safe and effective to the FDA. Friday, October 11, 2019 Micro cap anti-infective biotech Aridis Pharmaceuticals has gained a new chief medical officer in the form of former Takeda Vaccines exec Paul Mendelman, M.D. Monday, October 7, 2019 A clinical trial is a measurement system, but too often, we fail to calibrate the most significant of measurement instruments: trial participants. Friday, October 11, 2019 Shionogi and Hsiri Therapeutics joined forces last year in a licensing and R&D deal focused on tuberculosis and non-tuberculous lung infections. Now, they are expanding that deal, with the Japanese biotech licensing a new technology from Hsiri that will be “complementary to Shionogi's current research” in the collaboration. Thursday, October 10, 2019 Stem cells can save lives for patients with blood cancer, but hurdles remain to effectively harvest them for transplantation. Scientists at the University of California, Santa Cruz found Pfizer’s erectile dysfunction drug Viagra facilitates the release of stem cells from the bone marrow into the bloodstream, which could ease collection. Thursday, October 10, 2019 In this week's EuroBiotech Report, UCB inks $2.5 billion Ra takeout, MiroBio raises £27 million and Bayer forms Riken drug discovery pact. Friday, October 11, 2019 Indian drugmakers Aurobindo and Glenmark are cited by the FDA again. Takeda inks IBD drug target discovery pact with Prometheus. Chinese biotech Ascletis lures Novartis veteran as CSO after losing short-termed CMO to his old employer MSD China. And more. Friday, October 11, 2019 Gilead nabs ex-Genentech exec Parsey as CMO; Shire CEO Ornskov to take over at Galderma; longtime BIO CEO Greenwood will step down after 2020 election. 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