Y-mAbs slashes staff after FDA snub

Today's Big News

Jan 5, 2023

Eisai rebuts NEJM report that Alzheimer's med contributed to patient's stroke death


Amgen piles $2 billion more into pharma’s ADC rush in Synaffix pact


Burned by FDA rejection, Y-mAbs drops 3rd of staff, cancer vaccine ambitions     


Takeda troops rare disease drug to regulators after glimpse at phase 3 data


GSK pays WuXi $40M, bets $1.5B in biobucks for preclinical anti-cancer bispecific antibodies


Fierce Biotech Fundraising Tracker '23: HighTide washes up $107M; Metagenomi hauls in $100M


Moderna sprints toward RSV podium behind GSK, Pfizer, with eyes on combo vax


Renibus’ cardiac surgery drug aces phase 2 trial as biotech adds extra CEO


Roche further taps drug discovery spinout's Nimble tech in $1.1B biobucks deal


Biopharmas left Black and Latinx patients behind in oncology clinical trials, nonprofit says

 

Featured

Eisai rebuts NEJM report that Alzheimer's med contributed to patient's stroke death

Deaths in a clinical trial for Eisai’s Alzheimer’s drug lecanemab are once again being flagged, this time in a New England Journal of Medicine entry that highlights a potential risk for patients undergoing a certain type of emergency stroke treatment.
 

Top Stories

Amgen piles $2B more into pharma's ADC rush in Synaffix pact

A day after buzzing Hummingbird Bioscience for an antibody-drug conjugate licensing pact, Synaffix is back with a substantially similar, yet bigger deal. The Singapore and U.S.-headquartered biotech will work with Amgen in a pact valued at up to $2 billion.

Burned by FDA rejection, Y-mAbs drops 3rd of staff, cancer vaccine ambitions

In the wake of a bruising FDA rejection for its rare pediatric cancer drug, Y-mAbs Therapeutics has followed the increasingly common biotech trend of laying off staff and trimming back its remaining pipeline.

Takeda troops rare disease drug to regulators after glimpse at phase 3 data

Takeda has pressed go on plans to seek approval for its enzyme replacement therapy in an ultra-rare disease. Citing the “totality of the evidence” seen in phase 3, the Japanese drugmaker outlined its intent to head to regulators armed with data on the ADAMTS13 replacement therapy it acquired from Shire.

GSK pays WuXi $40M, bets $1.5B in biobucks for preclinical anti-cancer bispecific antibodies

GSK is stepping up its interest in T-cell engaging antibodies, handing WuXi Biologics $40 million upfront for an exclusive license to one preclinical bispecific and options on three additional candidates.

Fierce Biotech Fundraising Tracker '23: HighTide washes up $107M; Metagenomi hauls in $100M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Moderna sprints toward RSV podium behind GSK, Pfizer, with eyes on combo vax

Moderna is eyeing a bronze medal in the RSV race behind Pfizer and GSK with plans to readout a phase 3 trial in the first quarter. And while CEO Stéphane Bancel is bullish on his shot's competitiveness, he believes a combo vaccine will likely be where the company stands out.

Renibus’ cardiac surgery drug aces phase 2 trial as biotech adds extra CEO

Renibus Therapeutics’ lead candidate for patients undergoing cardiac surgery has sailed through a phase 2 trial, setting up the Texan biotech for a late-stage study in the coming months as it also unveiled a double-dose of CEOs.

Roche further taps drug discovery spinout's Nimble tech in $1.1B biobucks deal

Roche is making sure its peptide discovery spinout Nimble Therapeutics stays close with a revision of the companies’ development partnership valued at up to $1.1 billion.

Biopharmas left Black and Latinx patients behind in oncology clinical trials, nonprofit says

The new benchmark for oncology clinical trial diversity from the nonprofit behind the Good Pharma Scorecard gave one company a perfect score, but most others have work to do.

'Easy as 1, 2, Pee' — Withings' smart scanner puts a urology lab in your toilet bowl

To those who've always wanted to digitally monitor their bathroom health at home: you're in luck.

IQVIA tapped by Biostage to run its first clinical trial of esophageal implant

CRO giant IQVIA has signed on to conduct the first clinical trial of Biostage’s lab-grown esophageal implant.

Pfizer wins—again—in courtroom fight versus Astellas over Lexiscan patents

A federal appeals court has upheld a previous ruling that Pfizer’s Hospira did not infringe on patents in developing its generic version of Astellas' Lexiscan. The only option left for the Japanese company is an appeal with the U.S. Supreme Court.

Clinscience's owner takes majority stake in Florida-based CRO OncoBay

Poland-based Neuca Group, the parent company of CRO Clinscience, has taken a majority stake in Florida-based OncoBay to expand its reach in the U.S.

November's hospital margins up 12% monthly thanks to cooling expenses

Shorter stays and modest labor relief helped contain costs, though hospitals' median margins still remain red for the year, per Kaufman Hall. The firm advised struggling hospitals to turn their eyes to outpatient services, which have enjoyed consistent revenue growth since last year and pre-pandemic.
 
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'Podnosis': Digital redlining in healthcare and breaking down barriers to care for gender-diverse populations

In this week's episode of "Podnosis," we talk about how telehealth exacerbates health inequities. We also discuss the impact of anti-trans legislation on healthcare and what providers can do to break down barriers to care for gender-diverse populations.
 

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