Vertex, CRISPR's Casgevy nabs beta thalassemia FDA nod

Today’s Big News

Jan 16, 2024

JPM24: Biotech investors tip toe around the bear market to familiar territory


CAR-T hype faces infrastructure reality check 


Merck's Keytruda⁠ again bags industry-first cervical cancer nod—with limitation 


Apple may evade import ban by nixing pulse ox sensor from Apple Watch, Masimo says


Allakos drops lead asset after midphase flops join litany of letdowns, halves headcount

 

Featured

JPM24: Biotech investors tip toe around the bear market to familiar territory

As the biotech industry attempts to claw its way out of a brutal bear market, investors are starting to pull their punches in preference for more sure bets.
 

Top Stories

CAR-T hype faces infrastructure reality check

Since the FDA approved the first CAR-T therapy back in August 2017, high prices, small patients pools and limited manufacturing capacity have at times crippled these cell-based treatments. As biopharma companies clear those hurdles, a larger, more systemic problem now threatens the drug class.

Vertex, CRISPR's gene-editing therapy Casgevy wins early FDA nod to treat beta thalassemia

Vertex Pharmaceuticals and CRISPR Therapeutics have scored an FDA approval for their gene-editing therapy Casgevy (exa-cel) to treat transfusion-dependent beta thalassemia (TDT). The approval came more than two months ahead of the FDA's March 30 decision date.

Merck's Keytruda again bags industry-first cervical cancer nod—with limitation

After crowning Keytruda as the first immunotherapy for advanced cervical cancer back in 2021, the FDA has awarded the drug another industry-first designation in an earlier stage of the tumor type. But again, the achievement was not perfect for Merck.

Apple may evade import ban by nixing pulse ox sensor from Apple Watch, Masimo says

The import ban affects only domestic sales of the Series 9 and Ultra 2 models of the Apple Watch, which Apple briefly stopped selling in the U.S. for a few days in December before the import ban took effect.

Allakos drops lead asset after midphase flops join litany of letdowns, halves headcount

Allakos is giving up on lirentelimab after the serial flop racked up another pair of failures. The biotech responded by laying off half of its employees, continuing the early-year upheaval that has seen Aclaris and TransCode Therapeutics part ways with their CEOs.

FDA grants first clearance to AI program for diagnosing idiopathic pulmonary fibrosis

The AI developer Imvaria has claimed a de novo clearance from the FDA for a digital diagnostic that analyzes chest CT scans for the signs of IPF.

Takeda picks up 2nd FDA-approved indication for immune globulin treatment HyQvia

It was a decade and four companies ago that HyQvia was first approved by the FDA for primary immunodeficiency (PI). Ten years later, Takeda’s subcutaneous immune globulin treatment has scored its second indication, as the FDA has approved it as a maintenance therapy for chronic inflammatory demyelinating polyneuropathy (CIDP).

Alto Neuroscience preps IPO to push precision psychiatry therapies through the clinic

As Alto Neuroscience’s machine learning-derived, biomarker-based depression therapies accrue positive phase 2 data, the company is planning to join the growing trickle of biotechs planning to IPO in early 2024.

Fresenius Kabi faces another Class I recall of Ivenix infusion pump

For the third time since 2022, when it purchased infusion pump maker Ivenix for $240 million, Fresenius Kabi has earned a Class I rating from the FDA for a recall of the Ivenix medication delivery technology.

GSK pumps £200M+ into UK manufacturing network to bolster commercial ambitions, API supply

As other British drugmakers like AstraZeneca look abroad to build new factories, GSK is sticking close to home, where it plans to plug hundreds of millions of pounds into the United Kingdom over the next two years.

Genevant secures $114M deal with newly launched Tome to develop gene editing liver disorder therapy

Genevant Sciences could be in line for up to $114.3 million as part of a deal to combine its lipid nanoparticle tech with Tome Biosciences’ programmable genomic integration expertise to develop an in vivo gene editing treatment for a rare liver disorder.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': The year in biotech

This week on "The Top Line," Fierce Biotech staff writer Gabrielle Masson and senior editor Annalee Armstrong look back at the year in biotech, which was defined by massive layoffs across the industry. They also discuss their favorite stories of the year, including an appearance from a popstar whose reputation precedes her.
 

Resources

Whitepaper

Digital Health Innovation: From Concept to Commercialization

The road to digital health innovation is exciting but complex and requires thoughtful navigation; this whitepaper serves as your guide through this process.
Whitepaper

Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

eBook

7 “Make or Break” Factors for Emerging Biopharma Companies

This e-book explores 7 factors that are critical to the success of emerging biopharma companies, whether they plan to out-license, partner, or launch & commercialize products.  It’s an essential resource for emerging companies with products in all stages of development.
 

 

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