Today's Rundown Featured Story | | | Friday, January 3, 2020 A phase 3 trial of Incyte’s itacitinib in treatment-naive acute graft-versus-host disease has missed its primary endpoint, wiping around $2 billion off the biotech’s market cap. The failure of the JAK1 inhibitor is another blow to Incyte’s efforts to expand its commercial portfolio beyond Jakafi. |
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Top Stories Friday, January 3, 2020 Durect’s stock nose-dived more than 30% yesterday on the news that its phase 2 plaque psoriasis hope failed to beat out a sham treatment. Friday, January 3, 2020 Novan’s antiviral SB206 has failed to beat placebo in two phase 3 trials in patients with molluscum contagiosum. The setback wiped 74% off Novan’s value and left its cash runway looking precariously short, but the biotech plans to start another trial in the belief it still has a path to approval. Friday, January 3, 2020 Two years after hiving off its healthcare assets into a subsidiary, Intrexon is bringing those assets back into the fold as it changes its focus, sheds its non-healthcare work and names a new CEO. Friday, January 3, 2020 Janssen will not be buying back the rights to a drug it shipped out to Provention Bio back in 2017 after it failed to move the needle in Crohn’s disease. Friday, January 3, 2020 DNA sequencer makers Illumina and Pacific Biosciences of California called off their $1.2 billion merger that’s been in the works for over a year after the Federal Trade Commission challenged the transaction and described it as “monopolist.” Friday, January 3, 2020 Daiichi Sankyo and AstraZeneca gained FDA nod for Enhertu just two months after a priority review tag. Astellas and Seattle Genetics won an FDA go-ahead for bladder cancer drug Padcev as Atellas' Pfizer-partnered Xtandi added a new prostate cancer indication to its label. And more. Friday, January 3, 2020 AstraZeneca R&D chief Pangalos receives knighthood; Fountain taps Zhen as new CEO; Jones joined McCann Health as creative head. 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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