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Pfizer partners with Flagship genetics startup Quotient on heart and kidney...
Pfizer has struck its second partnership with a Flagship Pioneering startup, working with Quotient Therapeutics to identify genetic mutations that arise by chance throughout life and make individual...
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California Institute for Immunology and Immunotherapy gets $120M gift for...
Surgeon Gary Michelson and his wife Alya have donated $120 million to a Los Angeles-based public-private initiative focused on advancing research into immunology and vaccines. The Michelsons’ gift to...
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Noetik raises $40M Series A to advance AI ambitions in cancer — with an...
After serving as Pfizer’s top lawyer and now chairing Alnylam’s board, Amy Schulman’s latest biotech bet could be seen as somewhat of a surprise. The managing partner of venture capital firm Polaris...
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Bayer partners with RNA startup launched out of Dana-Farber
Even as Bayer continues cutting costs across its conglomerate, it’s still making some small R&D deals to add to its pipeline. On Wednesday, the German multinational pharma and NextRNA Therapeutics...
View ArticleNeurocrine reports Phase 2 schizophrenia data in bid to catch Bristol Myers'...
Neurocrine Biosciences reported Phase 2 schizophrenia data Wednesday morning as it chases Bristol Myers Squibb and AbbVie in an emerging field. The new data showed the low dose of Neurocrine’s program,...
View ArticleNovartis partners with small North Carolina biotech to make its biologics...
Novartis announced a collaboration on Wednesday with a small North Carolina biotech whose technology could help turn more of the Swiss pharma giant’s infused drugs into injections that patients can...
View ArticleNovartis seeks to expand Leqvio into heart disease prevention
Novartis announced Wednesday that Leqvio lowered bad cholesterol levels, compared with a placebo or the cholesterol-lowering drug ezetimibe, in patients at low-to-moderate risk of developing...
View ArticleSpringWorks gets priority review; Botox competitor data; Hyundai's Covid...
SpringWorks scores FDA priority review: The agency accepted mirdametinib’s new drug application and granted it a priority review for the treatment of adult and pediatric patients with neurofibromatosis...
View ArticleFDA warns EyePoint over eye implant manufacturing woes
The FDA has sent EyePoint Pharmaceuticals a warning letter after uncovering manufacturing issues with the company’s eye implant Yutiq. The letter, issued July 12 and published Tuesday, said FDA...
View ArticleSanofi pauses supply of two flu vaccines in China over ‘unexpected...
Sanofi is halting distribution of its two approved flu shots in China due to low potency, and says it won’t meet supply expectations for the products there this flu season. After what it called a...
View ArticleHouse Oversight chair tells PBM CEOs to correct testimonies from July hearing
House Oversight Chair James Comer (R-KY) has told the CEOs of the three major PBMs — CVS Caremark, Express Scripts and Optum Rx — to correct what he’s claiming are contradictions in their statements...
View ArticleRegeneron sues Sandoz to halt biosimilar to its blockbuster eye drug
Regeneron is going after Sandoz in a New Jersey federal court over Sandoz’s recently-approved drug Enzeevu, a biosimilar to Regeneron’s blockbuster eye treatment Eylea. Eylea, which has collected...
View ArticleDelaware high court to review expert testimony in Zantac suits, in win for...
Ten of the plaintiff-chosen experts expected to testify in litigation over whether the heartburn drug Zantac caused cancer will be reviewed by the Delaware Supreme Court, raising the possibility that...
View ArticleUK government partners with pharma on new £400M life science infusion
The new UK Labour government is making one of its first major investments in the biopharma ecosystem, establishing 18 new clinical trial hubs in a joint industry collaboration worth up to £400 million...
View ArticleHow an upstart pharmacy benefit manager has been winning over companies like...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) In a market long dominated by three giants, a different kind of pharmacy benefit manager has been...
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BioMarin lays off 225 employees as it cuts spending on gene therapy rollout
BioMarin’s decision to scale back its gene therapy ambitions will result in about 225 employees losing their jobs, the biotech disclosed late Wednesday. The layoffs, which are tied to “organizational...
View ArticlePreclinical team hit hardest in Repare's R&D prioritization, layoffs
Repare Therapeutics is cutting its headcount by about 25%, with most of the layoffs concentrated in the company’s preclinical team, as part of what the company is calling a “strategic prioritization”...
View ArticleMerck ends two Phase 3 studies of Keytruda, including an early-stage...
Merck said Thursday morning it is discontinuing two Phase 3 trials of Keytruda, the world’s top-selling medicine, after independent data monitoring committees determined they weren’t going to succeed....
View ArticleJ&J heads to FDA for Vyvgart competitor; Tokyo conglomerate launches venture...
Johnson & Johnson submits FDA application for Vyvgart competitor: The pharma company is seeking approval of nipocalimab in the autoimmune disease generalized myasthenia gravis, where argenx’s...
View ArticleRecursion nears ‘moment of truth’ with first key data, kicking off 18-month...
After years of talking up artificial intelligence’s potential to help make drugs, Recursion will finally bring data to the table — and lots of it. Sometime next month, the Salt Lake City-based biotech...
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