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January 04, 2019

Today's Rundown

Featured Story

Selecta lays off staff as R&D cash crunch looms

Selecta Biosciences is laying off more than one-third of its workforce. The cuts come as Selecta seeks to eke out its cash reserves and advance a gout drug that disappointed investors in phase 2.

Top Stories

Verily pockets $1B with eyes on partnerships, M&A

Six weeks after canning its Novartis-partnered, glucose-sensing contact lens project, Verily is raising a $1 billion round that will power new partnerships, “global business development opportunities” and potential acquisitions.

Swiss biotech Oculis raises cash, nabs Novartis eye drug in extended series B

Hoping to push on with its work on next-gen eye treatments, Oculis has raised an extra CHF 15 million ($15.2 million) as it looks to fellow native Swiss biopharma Novartis for its next project.

Sanofi invests €80M in BioNTech as cancer mRNA hits clinic

Sanofi is set to invest €80 million ($91 million) in BioNTech and extend its cancer collaboration with the German mRNA specialist. The agreement comes as BioNTech and Sanofi prepare to start clinical development of the first cancer immunotherapy to emerge from their 2015 pact.

AbbVie’s welcome to Tizona’s new CEO? A $105M R&D partnership

Cancer immunotherapy company Tizona Therapeutics is starting 2019 with a new CEO and a strategic collaboration with AbbVie that has swelled its coffers with a hefty upfront payment.

Ribon Therapeutics gains Novartis, J&J backing for monoPARP work

The once highly secretive Ribon Therapeutics has come out with a chunky series B with a focus on monoPARPs against cancer, inflammatory disorders and neurodegenerative diseases.

FiercePharmaAsia—Celgene invests in Antengene; Otsuka’s new digital-pill pact; MabSpace-HJB merger

Built on an existing partnership, Celgene contributes to Antengene's $120 million series B; Otsuka teams up with Click Therapeutics over digital medicine; Chinese firms MabSpace and HJB merge to create a new biologics specialist; and more.

Chutes & Ladders—AbbVie streamlines management team to 4 executives

AbbVie streamlined its management team to four executives, the FDA tapped Flatiron’s Amy Abernethy for an oversight post and PPD beefed up its therapeutics team with new leadership. Those moves plus more hirings, firings and retirings throughout the industry.

Resources

[Whitepaper] The 3DP Revolution: Planning Effective Brand Extension for In-Market Drugs

Get ahead of looming challenges in the market that include both generic products and new branded drugs.

[Infographic] Clinical Development Trends And The Impact On Clinical Trial Technology

New infographic shows trends in clinical development and the impact on randomization and trial supply management technology (RTSM).

[Webinar] Building the Business Case for Transformational RIM

Reduce the effort to create submissions and track registrations with a move to unified RIM. Watch the on-demand webinar.

[eBook] Digital Workflows: How to Focus Investment to Cut Costs and Drive Growth

Life sciences companies must immediately identify and realize productivity gains to drive down operational costs—or risk seeing more nimble competitors disappear into the distance. Where to begin?

[Whitepaper] Evaluating RIM Suites? Unification matters.

Learn how to spot an imposter with an integrated suite vs. one that’s unified. Read this whitepaper to learn more.

[Whitepaper] Why Life Sciences Companies Leverage Managed Regulated Infrastructures

Outer Edge Technology specializes in designing and managing regulated cloud-based infrastructures for the Life Sciences Industry – typically leveraging the AWS and Microsoft Azure platforms.

[eBook] 2018 Weekly Compendium

The Biopharma industry is moving at lightning speed and it can be a challenge to keep pace. Here at Biotech Primer we spend hours each week researching, writing, and editing original content for the Biotech Primer WEEKLY with one goal in mind: to help everyone better understand the latest science and technology driving today’s healthcare industry.

Events