Surrozen slashes IBD program after safety concerns

Today’s Big News

Jan 18, 2024

CG Oncology aims for $209M IPO, as more biotechs eye path to public markets


BridgeBio taps investors for $1.25B to fund showdown with Pfizer 


Surrozen stops IBD program due to dose concerns and competition  


Mushroom-derived drug posts improved survival data in Golden Biotech’s pancreatic cancer trial


Open science contest uses AI to ID possible hits for Parkinson’s, side-stepping 'patent-driven approach'

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Featured

CG Oncology aims for $209M IPO, as more biotechs eye path to public markets

CG Oncology is hoping to raise $209 million from its upcoming IPO, blazing a trail to the public markets that seems to be enticing more biotechs in the first month of the year.
 

Top Stories

BridgeBio taps investors for $1.25B to fund showdown with Pfizer

BridgeBio Pharma is building a war chest for its showdown with Pfizer. Facing a deep-pocketed rival, the biotech has struck a set of financing deals worth up to $1.25 billion to support an anticipated launch and a schedule of phase 3 readouts for other assets.

Surrozen stops IBD program due to dose concerns and competition

Surrozen has halted the development of its clinical-stage IBD med, due in part to trouble with dose safety. The company says that "several" patients at higher dose levels experienced asymptomatic increases in liver enzymes.

Mushroom-derived drug posts improved survival data in Golden Biotech’s pancreatic cancer trial

Golden Biotechnology has shared updated data on its mushroom-derived drug candidate in metastatic pancreatic cancer, linking first-line use of the molecule to median overall survival (OS) of 14.1 months.

Open science contest uses AI to ID possible hits for Parkinson’s, side-stepping 'patent-driven approach'

An AI-driven open science competition held by a Canadian nonprofit and sponsored by the Michael J. Fox Research Foundation has announced the discovery of molecules that could someday lead to new treatments for Parkinson’s disease. 

Bayer CEO Bill Anderson makes his mark with major restructuring, 'significant' job cuts

Bayer is launching a sweeping business overhaul that will “come at the expense of many managerial employees,” as the German conglomerate sees “no viable alternative.”

Apple begins selling pulse ox-free Apple Watches after reinstated import ban

To comply with the now-reinstated import ban, newly sold Series 9 and Ultra 2 Apple Watch models in the U.S. will no longer offer the blood oxygen measurement feature.

Vaxxinity, University of Central Florida launch collaboration to advance medicines for use in space

Immunotherapeutic vaccine developer Vaxxinity is partnering with the University of Central Florida to advance space medicine research.

Cancer death rate continues to decline but new cases expected to top 2 million this year, study finds

Cancer deaths in the United States are falling, with more than 4 million fewer deaths since 1991. But, this progress is jeopardized by increasing incidence for 6 of the top 10 cancers as the projected number of new diagnoses now tops 2 million for the first time, according to new data from the American Cancer Society.
 
Fierce podcasts

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'Podnosis': Improving the diversity of voice tech 

A growing number of companies are introducing diverse voices to their virtual assistants or speech synthesis systems: Apple’s Siri, Amazon’s Polly, Meta’s Voicebox. But what about diversity of voices in healthcare, where the stakes are higher?  
 

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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.

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