Editas lays off 65% of staff

Today’s Big News

Dec 13, 2024

AbbVie buys Roche spinout Nimble Therapeutics for $200M


Gilead snags Sanofi’s Dietmar Berger as CMO, replacing Merdad Parsey


Editas lays off 65% of staff, including CMO, after fruitless search for reni-cel partner


Novo Nordisk’s chief scientific officer looks to the future of GLP-1s 


Boundless Bio drops clinical-stage cancer drug over phase 1 data, shakes up C-suite


BeiGene inks $150M deal to follow cancer combo trail blazed by Amgen and Ideaya


Chutes & Ladders—AI firm Xaira powers up C-suite with pharma vet 


Eisai unit hands over $46M for Japanese rights to Newron’s schizophrenia add-on 


iTeos deprioritizes cancer candidate despite 'encouraging' phase 2 data


Tenpoint, Visus merge in effort to push presbyopia-correcting eye drop over FDA finish line


Evotec, Novo Nordisk's drug discovery accelerator debuts first 3 projects, adds 5 partners 

The Top Line Podcast: Don’t miss out on the newest episode. Listen now.

 

Featured

AbbVie buys Roche spinout Nimble Therapeutics for $200M

AbbVie is paying $200 million to snap up Nimble Therapeutics, a Roche spinout working to develop oral peptide treatments in the autoimmune space.
 

Top Stories

Gilead's Daniel O'Day relishes Dietmar Berger reunion as cancer specialist agrees to join from Sanofi

Gilead has raided Sanofi for its next chief medical officer, luring Dietmar Berger, M.D., Ph.D., away from the French drugmaker to replace Merdad Parsey, M.D., Ph.D. The appointment reunites Gilead CEO Daniel O’Day with a key member of the oncology team from his time at Roche.

Editas lays off 65% of staff, including CMO, after fruitless search for reni-cel partner

Editas Medicine is laying off three-quarters of its workforce, including its chief medical officer, after the gene-editing biotech was unable to find a partner for its sickle cell disease medicine.

What’s next in AI’s drug discovery journey

For all the consumer-facing headlines of generative AI’s healthcare failures—some less serious, others more troubling—a contrast is unfolding in the greater pharma and biotech universe.

Novo Nordisk’s chief scientific officer looks to the future of GLP-1s

This week on “The Top Line,” we hear from Novo Nordisk CSO Marcus Schindler about his role at the Danish pharma and what’s next for the GLP-1 drug class.

Boundless Bio drops clinical-stage cancer drug over phase 1 data, shakes up C-suite

Boundless Bio’s freshman year on the public markets hasn’t been easy, with “modest” layoffs in the summer followed by news this week that the company is dropping a clinical-stage candidate and shaking up its C-suite.

BeiGene inks $150M deal to follow cancer combo trail blazed by Amgen and Ideaya

BeiGene has struck a $150 million deal to license a cancer candidate from CSPC Zhongqi Pharmaceutical Technology, positioning it to explore a drug combination that has attracted the interest of Amgen.

Chutes & Ladders—AI firm Xaira powers up C-suite with pharma vet

Billion-dollar biotech startup Xaira is expanding its C-suite with some top pharma talent. After wrapping up a 16-year tenure at Roche in June, Paulo Fontoura, M.D., Ph.D., is set to become Xaira’s chief medical officer in early 2025.

Eisai unit hands over $46M for Japanese rights to Newron’s schizophrenia add-on

Newron Pharmaceuticals has secured 44 million euros ($46.1 million) in upfront cash from an Eisai subsidiary for select Asia rights to its add-on schizophrenia treatment.

iTeos deprioritizes cancer candidate despite 'encouraging' phase 2 data

Despite “encouraging” new data, iTeos Therapeutics is dropping a midstage cancer asset to focus on other programs, a move that will bring the biotech's clinical pipeline down to two investigational meds.

Tenpoint, Visus merge in effort to push presbyopia-correcting eye drop over FDA finish line

Eye-focused biotechs Tenpoint Therapeutics and Visus Therapeutics are joining forces, setting their sights on filing a new drug approval application next year for a presbyopia-correcting eye drop.

Evotec, Novo Nordisk's drug discovery accelerator debuts first 3 projects, adds 5 partners

LAB eN2, the drug discovery accelerator launched by Evotec and Novo Nordisk in September 2023, has unveiled its first three projects and launched an expansion featuring five new academic partners.

Dems slam Dr. Oz over support for Medicare Advantage, UnitedHealth stocks

Several key Democratic lawmakers sent a letter to President-elect Donald Trump's pick to lead the Centers for Medicare & Medicaid Services this week expressing concern about his ties to the insurance industry.

Fierce Pharma Asia—AZ, Daiichi's Dato-DXd rethink; BIOSECURE's setback; Amgen China's makeover

AstraZeneca and Daiichi Sankyo shared the pooled analysis behind the refiling of their TROP2 ADC with the FDA. The BIOSECURE Act missed a key opportunity to become U.S. law. Three top executives at Amgen China reportedly left the company. And more.
 
Fierce podcasts

Don’t miss an episode

Novo Nordisk’s chief scientific officer looks to the future of GLP-1s

This week on “The Top Line,” we hear from Novo Nordisk CSO Marcus Schindler about his role at the Danish pharma and what’s next for the GLP-1 drug class.
 

Resources

Whitepaper

Building a “Best Practice” R&D Organization in Biopharma

We interviewed 14 R&D biopharma leaders on the critical success factors for building a Best Practice R&D organization. This report shares what we learned.
Whitepaper

Single Cell RNA Profiling FFPE Tissue

Explore the robust cross-platform agreement between scRNA-seq and bulk RNA-seq, ensuring consistent and reproducible data on immune cell presence.
Whitepaper

Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
Whitepaper

Planning for success in cell-based manufacturing

Learn how to evaluate quality documentation to help you select the right raw materials at early decision points for your cell-based manufacturing processes.
 

Industry Events

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

Upcoming Fierce Events

14-15
Jan
San Francisco, CA
22-24
Jan
Virtual Event
29-1
Apr-May
San Diego, CA
7-9
May
Free Virtual Event
8-11
Sep
Philadelphia, PA

View all events