Alnylam's next-gen ATTR amyloidosis drug hits goals in phase 3, teeing up approval filing Scorpion Therapeutics strikes major $162M funding round for 'precision oncology 2.0' Werewolf banks $72M to shepherd shape-shifting cancer meds into phase 1 Sanofi-backed Abcuro bags $42M to trial KLRG1 immunotherapy BioGeneration Ventures closes 4th fund, with $170M in tow for early European biotechs Lexeo Therapeutics emerges with $85M, 18 gene therapy programs and a star-studded team UC San Diego deploys COVID-19 test vending machines for returning students Pharma condemns pro-Trump 'thugs' and riots—and backs manufacturing group's call for consequences Featured Story By Nick Paul Taylor A phase 3 clinical trial of Alnylam’s subcutaneous, long-acting treatment for transthyretin-mediated (ATTR) amyloidosis has met its primary endpoint. The success sets the RNAi specialist up to file for FDA approval early this year, although a lack of data comparing the experimental vutrisiran to Alnylam’s own ATTR incumbent Onpattro make it impossible to tell just how good the results are. read more |
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| | Thank you to Catalent for sponsoring this year's JPM 2021 coverage. | Top Stories By Ben Adams Less than three months after breaking cover with an impressive $102 million series A, Scorpion has whipped up another major funding round, nabbing $162 million for its next-gen cancer drugs. read more By Amirah Al Idrus A year after coming out of the shadows, Werewolf Therapeutics is kicking it up a notch. With $72 million in new financing, the company will push two shape-shifting cytokine drugs into the clinic and ramp up its discovery and preclinical work. read more By Nick Paul Taylor Abcuro has raised $42 million in a Sanofi Ventures co-led series A to advance anti-KLRG1 treatments for autoimmune diseases and cancers. The financing positions a leadership team featuring David de Graaf and John Edwards to run a proof-of-mechanism clinical trial in sporadic inclusion body myositis patients. read more By Ben Adams BioGeneration Ventures has closed its BGV IV fund with help from some major pharma VC players as it becomes one of the largest biotech investors in early-stage ventures and company creation in Europe. read more By Amirah Al Idrus Founded with NIH small business grants in early 2018, Lexeo is coming out of stealth with $85 million in series A cash, 18 preclinical and clinical programs primarily developed at Weill Cornell Medicine and a star-studded team to move it all forward. read more By Conor Hale As universities nationwide begin a new semester under the COVID-19 pandemic, the University of California, San Diego is making diagnostic screening a more ubiquitous fixture of day-to-day life by offering tests in sidewalk vending machines. read more By Beth Snyder Bulik Pharma executives and trade groups joined the chorus of voices condemning the pro-Trump insurrection on Capitol Hill yesterday. 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