BMS-Obsidian deal rock solid following extension

Today's Big News

Oct 27, 2022

Merck & Co. ditches oncolytic virus Cavatak 4 years after buying Viralytics

GSK dumps major pipeline prospect otilimab on lackluster phase 3 data in rheumatoid arthritis

Bristol Myers keeps Obsidian cell therapy pact rocking with multiyear extension

No remedy for DiaMedica as FDA maintains hold on stroke trial over IV concerns

Bluebird spinout 2seventybio, JW Therapeutics ink $3M+ licensing deal for solid tumor cell therapy program

 

Featured

Merck & Co. ditches oncolytic virus Cavatak 4 years after buying Viralytics

Merck is dropping the cancer treatment acquired in its acquisition of Viralytics back in 2018. A spokesperson confirmed that the asset was axed as a part of the company's prioritization efforts.
 

Top Stories

GSK dumps major pipeline prospect otilimab on lackluster phase 3 data in rheumatoid arthritis

GSK has dumped one of its top pipeline prospects. While two of the three phase 3 trials of otilimab hit their primary endpoints, the Big Pharma concluded the efficacy fell short of the level needed to take the anti-GM-CSF antibody forward in rheumatoid arthritis.

Bristol Myers keeps Obsidian cell therapy pact rocking with multiyear extension

Bristol Myers Squibb has inked a multi-year extension to its collaboration with Obsidian Therapeutics, securing itself the exclusive option to license cell therapies that use its partner’s technology to control the expression of CD40L.

No remedy for DiaMedica as FDA maintains hold on stroke trial over IV concerns

DiaMedica Therapeutics’ Remedy 2 trial remains on clinical hold after the FDA requested more data to allay its concerns about how the potential stroke drug is administered intravenously.

Bluebird spinout 2seventybio, JW Therapeutics ink $3M deal for solid tumor cell therapy program

Bluebird spinout 2seventybio and China-based CAR-T company JW Therapeutics are joining forces to build out a cell therapy platform in hopes of creating T cell receptor therapies for certain solid tumors.

Roche's Vabysmo lands clinical counterpunch in ophthalmology brawl with Eylea

Genentech on Thursday said Vabysmo aced its endpoints in a pair of phase 3 studies—BALATON and COMINO—that pitted the drug against Regeneron and Bayer’s Eylea in patients with macular edema due to branch and central retinal vein occlusion, respectively.

FDA expands label of 23andMe genetic report predicting response to popular cholesterol drug

In recent years, 23andMe has repositioned itself as a genetic testing company that does more than help users fill out their family trees, but also answer crucial questions about their predispositions for potential conditions.

U.S. government releases a COVID booster campaign as ‘urgent message’ for those Black, Hispanic communities, most at-risk

Pfizer and Moderna have launched their COVID-19 booster campaigns this fall and now so too has the U.S. government, though it has a specific focus on getting through to Black and Hispanic communities with a series of new TV and radio ads.

Community Health Systems logs $42M loss, 2.9% revenue decline for Q3 2022

The Franklin, Tennessee-based hospital operator’s overall dip to $3.12 billion net operating revenue was hindered by slipping inpatient volumes and a 1.7% year-over-year increase in total operating costs.

GSK's oral anemia drug bruised with FDA panel partial snub in chronic kidney disease

Following two FDA rejections of novel oral anemia drugs, all eyes are on GSK’s daprodustat. Now, the drug has come out of an FDA panel meeting partially bruised, losing experts' support in one of the two patient populations that it’s seeking approval for.
 
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