Sarepta's DMD gene therapy fails phase 2 motor function test, sinking stock Matching Sinopharm, fellow Chinese biotech Sinovac sees 78% COVID-19 vaccine efficacy Buoyed by renewed clamor for infectious disease R&D, Affinivax nabs huge $226M funding round DiCE scores $80M to roll oral IL-17 psoriasis med into the clinic Aulos raises $40M to unlock the anti-cancer power of IL-2 Fierce Pharma Asia—China's PD-1 coverage; Fujifilm's $2B U.S. expansion; Sinopharm COVID-19 vaccine data Chutes & Ladders—Pfizer CMO Rothenberg passes reins to Stanford's Habtezion Weigh in: Are the days of J.P. Morgan in San Francisco gone forever? DBV Technologies laying off 200 staffers after nasty FDA reaction to its peanut allergy patch BioNTech CEO applies COVID-19 vaccine's mRNA tech to multiple sclerosis Featured Story By Nick Paul Taylor Sarepta Therapeutics’ Duchenne muscular dystrophy gene therapy has failed to beat placebo in a phase 2 clinical trial. Functional motor ability scores in the SRP-9001 arm were statistically no better than in the placebo group, almost halving Sarepta’s stock price and raising doubts about a key program. read more |
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| | Thank you to Catalent for sponsoring this year's JPM 2021 coverage. | Top Stories By Ben Adams A little over a week after Sinopharm nabbed the world’s first full approval from Chinese regulators on a 79% efficacy showing for its COVID-19 vax, fellow Chinese native Sinovac, using similar tech, has shown pretty much the same numbers. read more By Ben Adams After getting off a meaty $120 million round in April, the height of the first wave of COVID-19 infections in the West, Affinivax is a clear indicator that infectious disease and vaccine work is here to stay. read more By Amirah Al Idrus DiCE Molecules is setting its sights on the clinic. With $80 million raised from a laundry list of investors led by RA Capital Management, the company will push its lead program, an interleukin-17 antagonist, into a clinical trial in psoriasis and build out its preclinical programs. read more By Nick Paul Taylor ATP and Biolojic Design have teamed up to create IL-2-focused cancer biotech Aulos Bioscience. The startup begins life with IL-2-binding monoclonal antibodies designed by Biolojic Design and a $40 million funding commitment from ATP, positioning it to move into the clinic this year. read more By Angus Liu China's national drug reimbursement list saw local PD-1s cut prices by about 80% as foreign players failed to strike deals. Fujifilm will spend $2 billion on a new cell culture production site for its CDMO business. Sinopharm's inactivated COVID-19 vaccine showed 79% efficacy and became the first officially approved in China. And more. read more By Fraiser Kansteiner Pfizer CMO Rothenberg hits exit after 12 years. Nabel leaving Brigham and Women's General Hospital to join stealthy biotech startup. Axsome vet Marek joins Myovant as CEO two weeks after its first drug approval. read more By Carly Helfand We're coming up on a new kind of J.P. Morgan Healthcare Conference next week, and as we do, some people—including us—are wondering whether the goodbye we’ve said to the old kind of J.P. Morgan Healthcare Conference is only temporary. read more By Conor Hale DBV Technologies’ goal of delivering an anti-allergy skin patch has proven a tough nut to crack. After the FDA turned its patch away last year—saying its designs would need to be modified and retested—it's now planning to lay off two-thirds of its staff. read more By Angus Liu The new vaccine technology mRNA is making waves these days as COVID-19 shots based on it deliver efficacy that’s unrivaled by other platforms. BioNTech's Pfizer-partnered vaccine Comirnaty is one of those vaccines. 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