Today's Rundown With 45 new drug approvals in 2019, ‘friendly’ FDA is here to stay After Audentes buy, acquisitive Astellas snaps up CAR-T biotech Rise, Sir Pangalos! AstraZeneca R&D lead knighted Wave tanks again as Huntington's clinical trial data underwhelm Melinta files for bankruptcy in another dark day for antibiotics Amid AdComm rejection, Correvio Pharma hit with FDA complete response letter CRISPR baby scientist He Jiankui sentenced to 3 years in prison Sensyne Health pairs with Roche for AI trial work Sanofi beat out 3 suitors and one last-minute bid in its pricey $2.5B Synthorx buyout Featured Story | | | It looks like drug approvals have well and truly bounced back. 2019’s total of 45 approvals may not have hit the record high posted in 2018, but it fits into a general upward trend. Some pin that on a “friendlier” FDA, while others think it is the natural outcome of the maturation of new treatment approaches. |
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Top Stories Friday, December 27, 2019 Parker Institute-backed biotech Xyphos has been bought out by Japanese pharma Astellas as it looks to bolster its cancer pipeline. Sunday, December 29, 2019 One of AstraZeneca’s top research leaders has been knighted in the U.K.’s New Year 2020 Honours list. Thursday, January 2, 2020 Data from a phase 1b/2a trial have raised doubts about whether Wave Life Sciences’ Huntington’s disease drug can compete with Roche and Ionis’ rival candidate. The results wiped 50% off Wave’s share price, adding to losses it suffered when it dumped a Duchenne muscular dystrophy program earlier in December. Thursday, January 2, 2020 Melinta Therapeutics has filed for Chapter 11 bankruptcy. Deerfield is set to take control of Melinta as payment for the $140 million loan it extended to the antibiotics business. Thursday, December 26, 2019 Correvio Pharma is not having a happy holiday. After being hit by an FDA AdComm rejection a few weeks back, its heart drug has now also been denied approval by the FDA. Monday, December 30, 2019 He Jiankui, the Chinese scientist who gained international notoriety one year ago by claiming to use CRISPR to create the world’s first gene-edited babies, has been sentenced to three years in prison, according to a report from China’s state news agency, Xinhua. Sunday, December 29, 2019 Oxford, U.K.-based clinical trial artificial intelligence tech company Sensyne Health has signed a new research project deal with Swiss major Roche. Monday, December 30, 2019 When Sanofi picked up biotech Synthorx for a cool $2.5 billion in December, it paid a rich premium to enter an increasingly competitive space for IL-2 immunotherapies. But in the face of stiff competition, sometimes a blow-away bid is what it takes to win the day. Enrollment Showcase | | | Sponsored by: Drexel University Online Drexel University’s online graduate programs in biomedicine, clinical research, drug discovery, and molecular medicine were developed with working professionals in mind, providing you with the education, practical skills, and competitive edge you need to be successful in your career. Learn more. |
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