Memo Therapeutics completes $49M Series C to develop kidney transplant...
Swiss biotech Memo Therapeutics raised $22 million (CHF 20 million) in a Series C extension to develop an antibody treatment for BK polyomavirus (BKV) infection in kidney transplant recipients, a...
View ArticleFlagship commits $50M to new startup that scours viral proteins for new drugs
In the midst of the Covid-19 pandemic, while most scientists were busy plotting new ways to combat viruses, one startup quietly began a counterintuitive campaign: getting viruses to work for us,...
View ArticleZenas BioPharma closes $200M round to broaden autoimmune potential for lead drug
Lonnie Moulder’s latest biotech has secured some new cash to expand its work in autoimmune diseases. The startup, Zenas BioPharma, closed a $200 million Series C and will use the money to fund clinical...
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Arbor acquires Feng Zhang startup for next-gen gene editing enzymes
In the bid to lock up patent rights to a growing suite of gene editing technologies, Arbor Biotechnologies has acquired a small startup founded by MIT scientist and CRISPR pioneer Feng Zhang, the...
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As digital health unicorns are pressured to do more with less, Transcarent...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Transcarent’s $126 million Series D round, which in May bumped its valuation to $2.2 billion, stands...
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LabCentral helped create 6,300 jobs and 19 IPOs. Amid a slump, demand for lab...
When LabCentral celebrated its 10th anniversary last year, it was a bittersweet moment. The incubator has helped hundreds of biotechs launch and gain their footing. But startups, especially those with...
View ArticleLilly gets June adcomm for Alzheimer's drug donanemab, following earlier delay
Eli Lilly will face questions from a panel of Alzheimer’s experts on June 10, setting up an approval decision for donanemab after a surprise delay by the FDA in early March. The drug will go before the...
View ArticleLykos’ MDMA therapy to go before FDA committee; GSK expands work with BioVersys
Plus, news about Eledon and Travere Therapeutics: Lykos Therapeutics’ MDMA therapy gets an adcomm date: An FDA advisory committee is scheduled to meet June 4 to weigh the benefits and risks of the...
View ArticleFrom the editor: Our final edition of Endpoints MarketingRx
To our MarketingRx readers — Last week, we made the decision to shut down Endpoints MarketingRx. Over the last year, Endpoints News has put more resources into our core biopharma and healthcare...
View ArticleHow insurance upstart Alignment kept medical costs in check while Medicare...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) High medical costs ate away at the profits of big Medicare Advantage insurers CVS Health and Humana in...
View ArticleAntitrust, AI and Alzheimer’s: Join us in New York next week
On May 16 in New York, Endpoints News and the Financial Times are teaming up to host the US Pharma and Biotech Summit. I’ve been deeply involved in planning our interviews and panels, and we have a...
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Exclusive: Engineered B cell therapy startup Walking Fish shuts down
Walking Fish Therapeutics, a biotech startup that attempted to create engineered B cell therapies, has shuttered, founder Rusty Williams confirmed to Endpoints News. The South San Francisco biotech...
View ArticleHouse Oversight chair presses FDA on China amid growing tensions
House Oversight Committee Chair James Comer (R-KY) is pressing the FDA to share more information on its presence in China amid growing concerns on Capitol Hill about Chinese involvement in biotech and...
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Madrigal 'encouraged' by early launch progress of landmark NASH drug
Madrigal Pharmaceuticals is “making great progress” on the rollout of its NASH drug Rezdiffra, executives said less than a month post-launch. Rezdiffra was approved in March as the first treatment for...
View ArticleWhite House unveils long-awaited policy on overseeing research of concern
The White House Office of Science and Technology Policy on Tuesday released its long-awaited policy plans for overseeing research that poses risks if misapplied. The initial reviews from experts are...
View ArticlePatient dies in Pfizer’s Phase 2 Duchenne muscular dystrophy trial
A Duchenne muscular dystrophy patient died of cardiac arrest on Friday in a Phase 2 trial of Pfizer’s gene therapy, the pharma company confirmed. The patient received fordadistrogene movaparvovec in...
View ArticleOscar is winding down its small employer health plans with Cigna
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Oscar Health said Tuesday it plans to stop selling health coverage to small businesses in partnership...
View ArticleAstraZeneca pulls Covid-19 vaccine globally as the pharma sees 'no future...
AstraZeneca is withdrawing its Oxford-collaborated Covid-19 vaccine from global markets, the UK-based pharma company confirmed in a statement to Endpoints News on Tuesday. The spokesperson said...
View ArticleTeva’s antipsychotic asset passes Phase 3 test in schizophrenia
Teva said Wednesday morning that its schizophrenia drug succeeded in a Phase 3 trial with signs of a differentiated safety profile versus standard of care. The Phase 3 SOLARIS trial set TEV-‘749 — a...
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Employers are pulling back from providing mental health benefits, Talkspace...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Talkspace CEO Jon Cohen told investors during an earnings call Tuesday that some employers have decided...
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