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Parkinson's treatment from AbbVie approved after two FDA rejections

The FDA has finally approved AbbVie’s infused Parkinson’s drug for patients who don’t respond to widely used oral therapies. The drug, formerly known as ABBV-951, will be sold under the brand name...

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Viatris, Lexicon ink licensing deal; Capricor’s $75M offering

Plus, news about Kezar Life Sciences and Concentra Biosciences: Viatris, Lexicon Pharmaceuticals sign licensing deal for cardio drug: Per the agreement, Viatris will pay $25 million upfront to Lexicon...

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FDA expands label for Avadel's narcolepsy drug into children

Avadel Pharmaceuticals said its once-nightly narcolepsy drug Lumryz can now be used to treat children older than 7 years of age. The Thursday approval of the supplemental NDA for Lumryz, allowing the...

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BenevolentAI CEO exits after less than a year on the job

BenevolentAI’s CEO Joerg Moeller is stepping down effective immediately, the London biotech said Thursday, in the latest leadership shakeup atop the company. Since going public in early 2022 via a...

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Merck KGaA eyes more manufacturing M&A as it faces headwinds in China

Merck KGaA said its doors are open for more M&A, particularly for its manufacturing business, as the company tempers sales expectations for its life science arm due to a muted market in China....

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Evonik winds down German site, lays off 260 workers; Chiesi’s €400M facility

Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. Evonik is discontinuing keto acid manufacturing at its site in Hanau,...

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RNA gene therapy startup Shape hunts for new CEO as Series C awaits

Shape Therapeutics CEO Francois Vigneault has departed the RNA gene therapy startup, and chief scientific officer David Huss is filling the post while the Seattle biotech searches for a...

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FDA delays decision on Amgen’s Lumakras in colorectal cancer

The FDA has pushed back its decision deadline to move Amgen’s KRAS inhibitor Lumakras into metastatic colorectal cancer to January, the company told Endpoints News. The regulator was supposed to decide...

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FDA finalizes guidance on generic drugs, cancer trials and neonatal drug...

The FDA on Thursday put the finishing touches on three final guidance documents focused on reviewing drug master files (DMFs) in advance of generic drug submissions, collecting patient-reported...

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House’s prominent China critic Jim McGovern leads opposition to Biosecure...

A Massachusetts lawmaker who frequently criticizes China has become the unlikely face of opposition to legislation that seeks to blacklist Chinese contractors like WuXi Biologics. Last month, Rep. Jim...

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Secretive Treeline Biosciences discloses $421M financing in filing

Josh Bilenker and Jeff Engelman’s secretive startup Treeline Biosciences has another $421 million, according to a new SEC filing. The funding, which closed today according to the filing, ranks as one...

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Amylyx presents full Phase 2 data for withdrawn ALS drug in another rare...

Amylyx is trying to move forward with its effort to turn its former ALS drug into a treatment for other conditions, and data released Thursday build on a small interim dataset from earlier this year...

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Intercept's liver disease drug faces full approval delay following negative...

Following a nearly unanimous adcomm against Alfasigma and Intercept Pharmaceuticals’ rare liver disease drug Ocaliva, the FDA has delayed its decision on whether to convert the drug from an accelerated...

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Amicus stock jumps after resolution of Galafold patent litigation against Teva

Amicus Therapeutics resolved a patent dispute with Teva on Thursday, allowing Teva to launch a generic version of its Fabry disease treatment Galafold in 2037. Leerink Partners analysts called it a...

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Pfizer’s RSV vaccine has 90% efficacy against severe respiratory disease

Pfizer’s RSV vaccine was 90% effective at preventing the most severe outcomes in the first-ever vaccination season, the company said, underscoring its potential benefits as another respiratory virus...

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RSV antibody data from Merck cut risk of illness in infants

Merck’s experimental antibody for RSV reduced infants’ risk of certain lower respiratory infections by 60.4% compared to placebo, meeting the trial’s primary endpoint. The Phase 2b/3 data, presented at...

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Exclusive: Ex-Affimed CEO heads to UK nanomedicine biotech; Jami Rubin leaves...

Adi Hoess Adi Hoess describes himself as someone who “likes to build” companies focused on “challenging technologies.” It’s fitting, then, that after spending more than a decade as CEO of German...

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Supernus’ depression drug shows ‘rapid’ onset in mid-stage test

Supernus Pharmaceuticals’ mTORC1 activator has cleared a small trial in patients with major depressive disorder, potentially bringing the biotech one step closer to offering a treatment that could be...

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CVS replaces CEO Karen Lynch with PBM exec David Joyner

CVS Health is parting ways with CEO Karen Lynch as the pharmacy giant continues to struggle with problems in its insurance business. The company said Friday that it named David Joyner, the president of...

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Updated: Pfizer ends trial of SHP2 inhibitor after similar cuts by peers

Pfizer has ended its trial of an SHP2 inhibitor that was being developed in cancer, the latest blow to the target after several other drugmakers have suffered setbacks. The New York drugmaker ended the...

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