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Channel: Endpoints News

Bluebird gets new M&A bid, seeking to top private equity offer

A rival group is seeking to buy cell therapy biotech bluebird bio, in an effort to outbid a private equity offer by Carlyle and SK Capital, the company confirmed on Friday afternoon. The rival buying ...

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Lykos’ interim CEO is set to step down

Lykos Therapeutics’ interim CEO Michael Mullette is planning to step down, according to a source familiar with the decision. Mullette relayed the move to staff in February, saying that he would stay on...

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COVID research cuts target work on antivirals and vaccines to prevent future...

On Tuesday, drug discoverer and biotech entrepreneur Alpha Lee told scientists at a chemistry meeting about a new molecule to combat the Zika virus. There are no treatments designed to stop the...

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FDA's Peter Marks resigns, in disagreement with Kennedy

Peter Marks, the head of the FDA's Center for Biologics Evaluation and Research and one of the agency's highest-profile officials, has suddenly resigned amid a simmering disagreement with the Trump...

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HHS cuts and more from DC; Lyndra winds down; 23andMe files for bankruptcy;...

Welcome back to Endpoints Weekly, where we recap the week’s biggest news from the biopharma industry. Let’s start in DC. The Senate confirmed nominations this week for Johns Hopkins researcher Marty...

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Vertex’s second-generation diabetes cell therapy fails early-stage study

Vertex Pharmaceuticals announced Friday afternoon that it won't move forward with its type 1 diabetes cell therapy that's delivered in a device meant to get rid of the need for immunosuppression ...

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Exclusive: SV Health debuts Parkinson's biotech with backing from AbbVie and...

SV Health Investors, fresh off a $250 million fund for dementia-focused biotechs, has unveiled its latest effort, this time to advance new Parkinson's disease treatments. The London-based healthcare...

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BiomX’s phage therapy BX211 succeeds in Phase 2 diabetic bone infection study

BiomX’s antibacterial virus candidate has reduced the size of foot ulcers in patients with diabetic bone infection enrolled in a mid-stage trial. The finding could strengthen the company’s case for an...

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Transcend's neuroplastogen notches Phase 2 win to treat PTSD

Transcend Therapeutics’ PTSD treatment succeeded in a mid-stage study, propelling the scrappy company of less than 20 people toward a Phase 3 trial that could begin at the start of next year. The...

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Alphabet’s Isomorphic Labs raises $600M in biotech’s largest round of 2025 

Google’s bet on AI in drug discovery just got a lot bigger. Isomorphic Labs said Monday it raised $600 million from Thrive Capital, GV and Alphabet in its first external financing. The raise is the ...

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Inspirna, which was preparing for a Phase 3 cancer trial, has folded

A New York City drug developer led by well-known executives and backed by some of the top names in biotech investing is shutting down, a blow to a company that was prepping for a pivotal ...

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LifeMine’s restructuring; Europe won’t renew authorization for PTC’s Duchenne...

Plus, news about ​​Opthea, Apollomics, LaunXP and AstraZeneca: LifeMine reduces headcount: The Boston biotech went through a “company-wide restructuring,” according to employees’ LinkedIn posts. The...

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Lilly's heart drug study shows potential for once-a-year dosing

Phase 2 results on Eli Lilly’s experimental heart disease drug showed it could be dosed far less frequently than competing treatments in development from Novartis and Amgen, giving Lilly a way into an...

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Biotech markets fall as industry takes stock of Marks' exit at FDA

The departure of one of the FDA’s highest-profile regulators, whose career was defined by advancing new technologies to patients, rattled investors and companies who were already feeling insecure....

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AstraZeneca’s cholesterol pill is set for Phase 3, but lags behind Merck rival

AstraZeneca has great ambitions for its mid-stage oral cholesterol drug, believing that it could reach peak sales of more than $5 billion. Positive data presented Monday at the American College of...

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Merck’s PAH drug slashed risk of serious events in halted trial

New data unveiled Monday showed that Merck’s Winrevair can significantly cut the risk of death, lung transplantation and hospitalization in patients with a rare form of high blood pressure in the ...

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Corcept shares soar after Phase 3 win in ovarian cancer

Corcept Therapeutics’ oral glucocorticoid receptor antagonist has improved survival outcomes in a late-stage test in patients with a challenging form of ovarian cancer, sending its shares up 76% at...

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Vaxcyte's Phase 2 pneumococcal vaccine data disappoint investors

Vaxcyte’s stock price {$PCVX} dropped by 50% on Monday after the company reported new Phase 2 data from a study evaluating an experimental pneumococcal vaccine in infants. The company said VAX-24 was...

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FDA reschedules opioid-focused advisory meeting

A meeting of outside experts to discuss the FDA’s post-marketing requirements for opioid medications is now slated for May 5 after being postponed earlier this year. The meeting — originally scheduled...

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Heart gene therapy company Tenaya to lay off 30% to 40% of staff

Heart gene therapy maker Tenaya Therapeutics is laying off 30% to 40% of its staff by the end of the year, the company’s CEO Faraz Ali told Endpoints News by email. Tenaya had 97 employees ...

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FDA changes may not be over after Marks exit, with more cuts and departures

A top official pushed out over vaccines. Senior staff heading for the exit. Thousands of workers targeted for firing. A new commissioner who has yet to visibly take charge ...

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DC court sides with HHS in Vertex's fertility program fight

Vertex lost a legal battle against the federal government on Monday over its proposed fertility support program that would have offered up to $70,000 in services for certain gene therapy patients. A DC...

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Federal judge nixes FDA's lab-developed test rule

The FDA overstepped its authority when it issued a rule last May to bring laboratory-developed tests under the agency’s regulation, a Texas federal court held on Monday. The decision is a ...

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J&J’s third talc bankruptcy bid is stopped by Texas federal judge 

A federal judge on Monday dismissed a Johnson & Johnson subsidiary’s third attempt to settle tens of thousands of talc cases through bankruptcy. Judge Christopher Lopez cited multiple issues with...

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