Astellas turns to Sangamo to strengthen neuro pipeline

Today’s Big News

Dec 19, 2024

BMS pays Leqembi originator $100M for next-gen preclinical Alzheimer's prospects


Roche reports failure of Prothena-partnered Parkinson's prospect in phase 2b but highlights positives


Astellas pays Sangamo $20M upfront to improve neurological gene therapy capabilities


Vertex's pain trial hits endpoint but sinks stock as placebo comparison spooks investors


VC firm pens $608M biobucks deal to redirect NGM's MASH drug to rare disease


Regeneron anticoagulant bests enoxaparin, matches Eliquis in phase 2 trial


Lawsuit accuses Applied Therapeutics of misleading investors before FDA rejection


Omeros plans FDA resubmission after new analysis shows antibody improves survival in rare condition


Former Seagen CEO's biotech raises $140M series A to ready PD1/VEGFR2 antibody for clinic


Ring Therapeutics lays off just under half of staff in 2nd wave of cuts this year, CEO set to step down


XGEN Venture closes $190M fund with plans to invest in early-stage biotech, medtech firms


Alphabet spinoff SandboxAQ raises $300M fund for ‘next wave of AI’


Novartis to shutter 2 MorphoSys sites, lay off 330 staffers in post-buyout consolidation

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

 

Featured

BMS pays Leqembi originator $100M for next-gen preclinical Alzheimer's prospects

Bristol Myers Squibb has turned to the source of Leqembi to further its push into Alzheimer’s disease, paying BioArctic $100 million upfront for global rights to two preclinical antibodies.
 

Top Stories

Roche reports failure of Prothena-partnered Parkinson's prospect in phase 2b but highlights positives

Days after UCB reported the failure of its Novartis-partnered program, Roche has shared details of its own alpha-synuclein flop while clinging onto signs of clinical benefit that could still save the candidate.

Astellas pays Sangamo $20M upfront to improve neurological gene therapy capabilities

Astellas is continuing to strengthen its neurological disease gene therapy capabilities, handing Sangamo Therapeutics $20 million upfront to help bypass the blood-brain barrier.

Inventus Connect: Revolutionizing Clinical Trials with global eSIM Technology Delivering Better Patient Outcomes

Discover how the Inventus Connect eSIM solutions, designed specifically for provisioned devices in clinical trials, are contributing to better patient outcomes with the only seamless global connectivity solution for eCOA.

Vertex's pain trial hits endpoint but sinks stock as placebo comparison spooks investors

Vertex has reported a phase 2 win that dented confidence in its pain prospect suzetrigine. The trial linked the near-approval molecule to a significant improvement from baseline, but placebo performed similarly, triggering a 12% drop in Vertex’s share price in premarket trading.

Where is AI winning in drug discovery? 4 use cases to know

Even though AI-designed drugs aren’t yet a household term for FDA-approved, commercially available therapies, they are a reality in clinical development pipelines.

VC firm pens $608M biobucks deal to redirect NGM's MASH drug to rare disease

KdT Ventures has signed off on a $608 million biobucks deal for NGM Biopharmaceuticals' phase 2-ready metabolic-dysfunction associated steatohepatitis drug, with the VC firm setting up a new company to house the therapy.

Regeneron anticoagulant bests enoxaparin, matches Eliquis in phase 2 trial

A pair of Regeneron’s monoclonal antibodies have held their own against a commonly used anticoagulant in a phase 2 trial, setting the company up to begin a “broad” phase 3 program next year.

Lawsuit accuses Applied Therapeutics of misleading investors before FDA rejection

After its rare disease drug was rejected by the FDA in late November, Applied Therapeutics vowed to fight on with a resubmission or appeal. But a new lawsuit, filed on Dec. 17 in the Southern District of New York, alleges that the company was overly optimistic in its statements leading up to the rejection.

Omeros antibody improves overall survival by 68% in rare condition, new analysis finds

Omeros is putting up its monoclonal antibody up for FDA approval—again. This time, the resubmission will be based on a new data analysis that found the investigational treatment improved overall survival by 68% for patients with a rare, life-threatening complication of a bone marrow transplant.

Former Seagen CEO's biotech raises $140M series A to ready PD1/VEGFR2 antibody for clinic

Two months after former Seagen CEO David Epstein unveiled his new project, the biotech has secured $140 million in series A funds to push forward its potential Keytruda contender.

Ring Therapeutics lays off just under half of staff in 2nd wave of cuts this year, CEO set to step down

Ring Therapeutics, a Flagship Pioneering-backed biotech developing new viral vectors for gene therapy delivery, has cut its staff by just under 50%, a company spokesperson confirmed to Fierce Biotech.

XGEN Venture closes $190M fund with plans to invest in early-stage biotech, medtech firms

Italian VC XGEN Venture has closed a 180 million euro ($190 million) fund for biotech and medtech companies.

Alphabet spinoff SandboxAQ raises $300M fund for 'next wave of AI'

Alphabet spinoff SandboxAQ has raised more than $300 million to go toward developing AI applications across multiple areas including drug discovery, chemistry and medical devices.

Novartis to shutter 2 MorphoSys sites, lay off 330 staffers in post-buyout consolidation

Novartis confirmed Thursday that it’s closing down MorphoSys sites in Munich and Boston in a move that’s expected to result in around 330 layoffs. The company made the decision in November as it looks to “integrate all portfolio activities into Novartis."

Trump and Vance stall congressional spending deal, leaving healthcare provisions in jeopardy

Congress reached a deal to fund the government through March 14 on Tuesday night. By Wednesday, Trump and his advisors said no.
 
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.
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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.
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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.
 

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On Helix

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

 

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