Startup Evommune raises $115M for I&I pipeline
Another inflammation and immunology startup has attracted big bucks. On Thursday, Evommune announced a $115 million raise to back a pipeline anticipated to have multiple Phase 2 readouts in the next 18...
View ArticleHow Define Ventures has changed its approach to AI in health tech
LAS VEGAS — The dynamics of AI in health tech are changing all the time, and it’s important to adapt your thinking around it, investor Lynne Chou O’Keefe told Endpoints News in an interview on ...
View ArticleBoehringer, Gubra stop work on obesity drug; Galapagos restarts CAR-T study
Plus, news about Alnylam, Hutchmed, Wave Life Sciences and Matinas BioPharma: Boehringer Ingelheim ends work with Gubra on obesity drug: The German drugmaker stopped developing Gubra’s long-acting...
View ArticleArgenx reports Vyvgart sales streak, bolstered by launch in rare neuro disorder
Argenx’s Vyvgart has beat sales expectations for the eleventh quarter in a row, supported by strong uptake of a subcutaneous version of the drug in its newest indication. Vyvgart made $573 million in...
View ArticleTakeda says multiyear restructuring is 'on track'
Five months into a restructuring at Takeda that has led to pipeline cuts and hundreds of layoffs, CEO Christophe Weber said the company’s plans are “on track.” The Japanese ...
View ArticleWuXi in ‘early stages’ of CGT business review; Lonza exec becomes AGC Bio CEO
Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. WuXi AppTec is in the “early stages” of “reviewing” its cell and gene...
View ArticleGardasil demand in China sinks, and Merck expects the same next quarter
Merck said sales of its HPV vaccine Gardasil — its second-largest product — dipped again in the third quarter, citing reduced demand in China, where the shot is only approved for females. Gardasil’s...
View ArticleQ&A: Jade CEO talks about reverse merger and IgAN drugs
This week, biotech builder Paragon Therapeutics took two of its portfolio companies public through reverse mergers — Crescent Biopharma and now Jade Biosciences. Four of the antibody maker’s five...
View ArticleRegeneron prepares to compete with Eylea biosimilar from Amgen
Regeneron might be ready for competition with its blockbuster drug Eylea, but it's not clear that investors are. On Thursday morning, the biotech's leadership fielded question after question about the...
View ArticleFederal court backs FDA approval of Jazz sleep drug competitor
The US District Court for Washington, DC, on Wednesday ruled against Jazz Pharmaceuticals' attempt to undo the FDA's approval of a competing sleep drug from Avadel Pharmaceuticals that uses the same...
View ArticleUCB's anti-tau Alzheimer's program fails Phase 2 primary endpoint, but...
UCB reported Thursday that a Phase 2 study for its anti-tau Alzheimer’s program bepranemab did not meet its primary endpoint. Neither the low dose nor high dose resulted in patients seeing a benefit,...
View ArticleTeva fined €462.6M over Copaxone patent and competition allegations
Generics giant Teva Pharmaceuticals has been hit with another fine related to its blockbuster multiple sclerosis drug Copaxone, this time by the European Commission. Teva will have to pay €462.6...
View ArticleFDA adcomm votes against Lexicon type 1 diabetes and CKD drug
For the second time in five years, an FDA advisory committee voted against endorsing the benefit-risk profile of Lexicon's drug sotagliflozin. The Endocrinologic and Metabolic Drugs Advisory Committee...
View ArticleQ&A with Obesity Society’s CEO as the field prepares for next-gen meds
The race to create the next best medication for obesity is well underway, and the incumbents are doing everything they can to shore up manufacturing, fight the compounders and develop their own...
View ArticleBiogen brings in medical chief as CFO plans retirement; MacroGenics CEO...
→ Michael McDonnell is retiring as CFO of Biogen on Feb. 28, and Chris Viehbacher’s crew has lined up chief accounting officer Robin Kramer as his replacement. Peer Review covered McDonnell’s
View ArticleEssa’s shares tank as it looks for options after abandoning prostate cancer drug
Essa Pharma is exploring “strategic options” as it ends work on its prostate cancer drug that failed a mid-stage test. The company's shares {$EPIX} nosedived by as much as 65% premarket Friday. In a...
View ArticleBaxter pulls IV products out of China to shift supply to the US
Baxter has “suspended commercial activities” of its intravenous products in China to ease supply issues in the US caused by Hurricane Helene, the company told Endpoints News. “The urgent need to...
View ArticleExclusive: Blood stem cell therapy maker Garuda gets new CEO, adds $47M
Garuda Therapeutics has replaced its top leader and reeled in about $47 million to continue funding its blood stem cell therapy work, Endpoints News has learned. The Cambridge, MA-based biotech...
View ArticleFDA removes hold on three CARsgen CAR-T trials; Ono passes on itolizumab
Plus, news about Kymera Therapeutics, Nanoscope, Eupraxia, Alpha Cognition and EyePoint: FDA's decision on CARsgen’s CAR-T therapies: The FDA on Thursday lifted a clinical hold on three of CARsgen...
View ArticleNovo Nordisk claims late-stage MASH victory, continuing GLP-1's expansion
A day after Madrigal Pharmaceuticals impressed investors, Novo Nordisk is looking to steal the spotlight. The Danish drugmaker reported Friday that semaglutide succeeded in a Phase 3 study of patients...
View Article