BMS bid against 2 other pharmas for RayzeBio

 

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Today’s Big News

Jan 26, 2024

Week of IPO success stories suggest biotech has reached 'recovery phase' in 2024


ArriVent takes in $175M from second biotech IPO of the year


BMS won out against other pharmas in bid for RayzeBio, just days after competing for Karuna


Formosa, fresh from Eyenovia deal, sells Brazilian rights to near-approval eye drug


Minoryx, clutching data from failed trial, knocked back by EMA but vows to seek rerun of review


Silo Pharma's ketamine-based drug for Alzheimer’s effective against dementia symptoms in mice


Chutes & Ladders—Apnimed, unafraid of solo commercial mission, brings on Nurtec ODT architect

The Top Line Podcast: Don’t miss out on the newest episode. Listen now.

 

Featured

Week of IPO success stories suggest biotech has reached 'recovery phase' in 2024

Coming off one of the worst years for IPOs in recent history, two new upsized IPOs have offered a stretching ray of hope that 2024 may not be so bad after all.
 

Top Stories

ArriVent takes in $175M from second biotech IPO of the year

Consider that IPO window well and truly opened. The day after CG Oncology became the first biotech to join the Nasdaq in 2024, ArriVent BioPharma has now followed suit with its own upsized offering.

BMS won out against other pharmas in bid for RayzeBio, just days after competing for Karuna

Bristol Myers Squibb is proving its worth as an M&A competitor, coming out on top not once but twice in terms of fresh acquisitions. Most recently, the pharma’s $4.1 billion bid for radiopharmaceuticals biotech RayzeBio was enough to beat out two other companies that also put down offers.

Six key considerations for cell and gene therapy patient support programs

Cell and gene therapy patients often require support throughout their treatment journey. Learn key considerations for developing patient support programs.

Formosa, fresh from Eyenovia deal, sells Brazilian rights to near-approval eye drug

Formosa Pharmaceuticals has handed over another set of regional rights to its near-approval eye drug candidate APP13007, striking a deal that positions Cristália Produtos Químicos Farmacêuticos to bring the product to market in Brazil.

Minoryx, clutching data from failed trial, knocked back by EMA but vows to seek rerun of review

The European Medicines Agency (EMA) has swatted away Minoryx Therapeutics’ attempt to bring a rare disease drug candidate to market on the strength of a clinical trial that missed its primary endpoint. But, undeterred, Minoryx and partner Neuraxpharm are seeking a re-examination of the regulatory rejection.

Silo Pharma’s ketamine-based drug for Alzheimer’s effective against dementia symptoms in mice

Silo Therapeutics’ ketamine-based drug for Alzheimer’s dementia is effective at alleviating some of the condition’s psychological and behavioral symptoms in mice, according to the company. 

Chutes & Ladders—Apnimed, unafraid of solo commercial mission, brings on Nurtec ODT architect

Apnimed is bringing on Pfizer's head of migraine market to be chief commercial officer. Lilly's EVP of global quality is set to retire after 34 years. Cerevel's head of commercial joins Neumora following AbbVie sale.

‘The Top Line’: Closing the $1 trillion women’s health gap

While it’s a known fact that women, on average, live longer than men, a recent report unveils a nuanced reality—women also spend more of their lives grappling with poor health. This week on “The Top Line,” Ayla Ellison, editor-in-chief of Fierce Healthcare and Life Sciences, explores the root causes behind this disparity and the multifacted nature of the women’s health gap.

After Padcev combo’s major triumph, Merck’s Keytruda delivers partial win in bladder cancer

The combination of Merck's Keytruda and Pfizer and Astellas' Padcev recently made waves in bladder cancer—and the broader oncology world—by delivering a massive life-extension benefit. Now, Merck can claim another positive readout for Keytruda in bladder cancer, although this one is short of a home run.

Neuralink fined for violating hazardous material transport rules, docs show: Reuters

The violations were outlined in U.S. Department of Transportation documents obtained in a records request by the Physicians Committee of Responsible Medicine—an animal research advocacy group that has previously claimed that Neuralink mistreats its animal subjects, in accusations that Neuralink has denied.

Fierce Pharma Asia—Carvykti faces FDA adcomm; AZ drug picks up world-first approval; Samsung Bio's year of growth

The FDA will convene an advisory committee to discuss Johnson & Johnson and Legend's Carvykti filing in earlier multiple myeloma. AstraZeneca has won a world-first approval for its rare blood disorder add-on therapy in Japan. Samsung Biologics tallied an “exceptional” year in 2023. And more.
 
Fierce podcasts

Don’t miss an episode

‘The Top Line’: Closing the $1 trillion women’s health gap

While it’s a known fact that women, on average, live longer than men, a recent report unveils a nuanced reality—women also spend more of their lives grappling with poor health. This week on “The Top Line,” Ayla Ellison, editor-in-chief of Fierce Healthcare and Life Sciences, explores the root causes behind this disparity and the multifacted nature of the women’s health gap.
 

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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