Goldfinch Bio shutters

Today's Big News

Jan 30, 2023

10 top M&A targets in biotech for 2023


Moderna’s RSV shot nabs FDA breakthrough tag, boosting position in race with Pfizer, GSK


Goldfinch Bio falls from the sky after failing to find a path forward for kidney treatments


Structure finalizes $111M IPO while cancer-focused Intensity reveals Nasdaq ambitions  


Biotech pipeline hosts 163 potential meds for mental illness, with depression dominating: PhRMA


After 'half-baked' data drop, CureVac releases results on mRNA flu, COVID-19 vaccines in older adults


Size matters: Mechanism behind growing and shrinking cancer cells could be new treatment target


Fierce Biotech Fundraising Tracker '23: Ribon spins up new investment from Pfizer; Grey Wolf howls for $49M


Nonessential amino acid serine plays an essential role in neuropathy development

 

Featured

10 top M&A targets in biotech for 2023

After a slow 2022, will we see a return to form for biopharma M&A? And, if so, which biotechs does Big Pharma have in its sight? Here are our predictions.
 

Top Stories

Moderna’s RSV shot nabs FDA breakthrough tag, boosting position in race with Pfizer, GSK

The regulatory sprint toward the first FDA-approved RSV vaccine in older adults continues apace, with Moderna tacking breakthrough designation onto its candidate. The MRNA company's announcement follows competitive phase 3 data released earlier this month, rivaling similar readouts from GSK and Pfizer.

Goldfinch Bio falls from the sky after failing to find a path forward for kidney treatments

Goldfinch Bio, a 2020 Fierce Biotech Fierce 15 winner, is closing its doors after seven years. Federal records show that both of the company's ongoing clinical trials have wrapped up.

Structure finalizes $111M IPO while cancer-focused Intensity reveals Nasdaq ambitions

If we’re looking for green shoots in 2023, then the steady trickle of IPOs in recent weeks is a good place to start. Mineralys Therapeutics announced an $100 million IPO earlier in the month, and now Structure Therapeutics has put the finishing touches to its own nine figure Nasdaq offering.

Biotech pipeline hosts 163 potential meds for mental illness, with depression dominating: PhRMA

Though medicines designed to treat psychiatric conditions have a lower chance of succeeding in drug development than other disease areas, biopharma’s pipeline currently boasts at least 163 medicines targeting mental illness.   

After 'half-baked' data drop, CureVac releases results on mRNA flu, COVID-19 vaccines in older adults

Weeks after annoying analysts with a “half-baked” data drop, CureVac is back with more clinical trial results on its GSK-partnered mRNA vaccines against influenza and COVID-19. The update fills a key hole in the earlier release by providing an early look at how the vaccines perform in older adults.

Size matters: Mechanism behind growing and shrinking cancer cells could be new treatment target

Scientists found that melanoma cells can grow or shrink in response to therapy, paving the way for treatments that target them based on size.

Fierce Biotech Fundraising Tracker '23: Ribon spins up new investment from Pfizer; Grey Wolf howls for $49M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Nonessential amino acid serine plays an essential role in neuropathy development

A new study illuminates how low levels of the amino acid serine can lead to neuropathy in mouse models of Type 2 diabetes.

Amgen, navigating 'industry headwinds,' puts 300 commercial jobs on chopping block

Amgen is cutting around 300 jobs in the U.S.—mainly along commercial lines—a company spokesperson said in an email confirming “recently announced organizational changes.”

Researchers predict Alzheimer's progression 3.5 years early with unique blood test

Researchers at King’s College London have found that a blood test can help predict a person’s risks of Alzheimer’s disease years before a clinical diagnosis, by evaluating the body’s ability to form new brain cells.

Cigna sues CVS, former exec Amy Bricker over noncompete agreement

Cigna has filed a lawsuit against CVS Health and Amy Bricker, a former executive, to prevent her from taking a job with the rival company.

Philips cuts another 6,000 jobs as CPAP recall, supply chain snags send 2022 sales down 3%

Another 6,000 jobs are on the chopping block at Philips as the devicemaker continues to grapple with the negative impacts of a still-suffocated supply chain, the ongoing recall of 5.5 million of its respiratory devices and a handful of other global issues.

The top 10 biopharma M&A deals of 2022

Heading into 2022, top drugmakers had $1.7 trillion in dealmaking firepower, fueling expectations among analysts that the industry was due for a gangbusters M&A year. Well, that didn’t quite pan out. 
 
Fierce podcasts

Don't miss an episode

'The Top Line': What the pharma industry can expect with the new Inflation Reduction Act, and biotech's outlook for 2023

This week on "The Top Line," we hear from Stacie Dusetzina, Ph.D., a professor at Vanderbilt University's Department of Health Policy, about what the IRA means for the pharma industry. We'll also discuss what we can expect from the biotech industry in 2023.
 

Resources

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Unlocking the Therapeutic Potential of Previously Undruggable GPCRs

Exploring the biology of G Protein-Coupled Receptors (GPCRs) and outlining a novel approach for developing therapeutics against previously undruggable GPCRs
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Leveraging Archetypes for Effective Launch Strategy

Learn more about critical success factors for your next launch based on the experience of 100+ pharma product launches.
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RCTs with digital twins require fewer control patients and shorten trial timelines for Alzheimer's disease.
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Quality attributes that are important for GMP-grade NTPs

What makes nucleotides suitable for current good manufacturing practices?

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Medical Affairs Metamorphosis V: The (R)evolution in Medical Communications

This paper explores how Medical Affairs is adapting medical communications to meet the demands of a new environment (part 5 in a series).
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Writing the Future of Antibody Discovery Solutions

See how high-throughput DNA synthesis combined with antibody engineering expertise provides end-to-end antibody discovery solutions.

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Linear Compression vs. Parallel Processing: Speeding Biologics Through Development and Into Clinical Trials

Download this paper to learn considerations on how to move a biologic through clinical trials faster, advantages of Parallel Processing, and more.

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Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?
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Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
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Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
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A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

 

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