The keys to a winning biotech IPO

Today’s Big News

Jan 31, 2025

Novartis gives up on anti-CD40 antibody to treat Sjögren's due to 'benefit/risk profile'


Busy day for biotech IPOs as Metsera, Maze go public with offerings totaling nearly $400M


What to expect from the biotech IPO market in 2025


Novartis missed the PD-1 boat. Will it catch the bispecific wave?


Kadimastem gets shareholder backing for NLS merger, advancing once-thwarted push for Nasdaq listing


Chutes & Ladders—Takeda taps Julie Kim as new CEO


AstraZeneca antibody protects macaques from severe bird flu, suggesting prophylactic potential in case of outbreak


RFK Jr. wades through Senate HELP committee's vaccine concerns in second confirmation hearing

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

 

Featured

Novartis gives up on anti-CD40 antibody to treat Sjögren's due to 'benefit/risk profile'

Novartis has finally given up on iscalimab after deciding that the anti-CD40 antibody is not worth pursuing in Sjögren’s syndrome.
 

Top Stories

Busy day for biotech IPOs as Metsera, Maze go public with offerings totaling nearly $400M

Obesity biotech Metsera and renal and metabolic-focused Maze Therapeutics have met their IPO expectations as the two companies prepare to join the Nasdaq this morning.

What to expect from the biotech IPO market in 2025

This week on “The Top Line,” we zoom in on a Fierce JPM Week panel of industry experts discussing what it will take for biotechs to pull off a successful IPO in 2025.

Transforming life sciences with AI, powered by Salesforce Life Sciences Cloud

Drug development and commercialization leads to tremendous advances in medicine and improvements to everyday life, but it often comes at a cost.

Novartis missed the PD-1 boat. Will it catch the bispecific wave?

The rising class of bispecifics opened up an opportunity for the Swiss pharma to re-enter the PD-1 space from a new angle. The question is: Will the company take it? CEO Vas Narasimhan has weighed in.

Kadimastem gets shareholder backing for NLS merger, advancing once-thwarted push for Nasdaq listing

Kadimastem’s attempt to vault onto Nasdaq is picking up momentum, with shareholders signing off on a merger with NLS Pharmaceutics that would enable the cell therapy developer to recover from last year’s thwarted listing attempt.

Chutes & Ladders—Takeda taps Julie Kim as new CEO

After leading Japan’s largest drugmaker for 11 years, Takeda CEO Christophe Weber plans to step down in June of 2026. He will be replaced by Julie Kim, who came to Takeda in 2019 with the company’s $62 billion acquisition of Shire.

AstraZeneca antibody protects macaques from severe bird flu, suggesting prophylactic potential in case of outbreak

An antibody that can bind to many different types of influenza virus prevented macaques from getting seriously sick, and dying, from a highly pathogenic strain of H5N1 bird flu.

RFK Jr. wades through Senate HELP committee's vaccine concerns in second confirmation hearing

Sens. Bill Cassidy, R-Louisiana, and Bernie Sanders, I-Vermont, presented a bipartisan united front as they grilled RFK Jr. on his past claims that vaccines cause autism.

Vertex scores FDA nod for long-awaited non-opioid pain reliever Journavx

Vertex has gained the FDA's approval for its nonaddictive pain med Journavx, which becomes the first significant innovation in pain relief in more than two decades.

Trump's CMS signals flexibility on Medicare drug price negotiation, sparking new questions for RFK Jr.

The agency said it is "considering opportunities to bring greater transparency" and will consider stakeholder feedback on the program. In response, Senate Democrats pushed HHS secretary nominee Robert F. Kennedy Jr. for reassurances that the program is safe from drugmakers' lobbying.

GE HealthCare lays out $138M to build new contrast media manufacturing facility in Ireland

GE HealthCare is pumping $138 million into its Carrigtwohill fill-finish site in County Cork, for a facility that will help deliver 25 million more contrast media doses per year by the end of 2027, including commercial products and those in the pipeline.
 
Fierce podcasts

Don’t miss an episode

What to expect from the biotech IPO market in 2025

This week on “The Top Line,” we zoom in on a Fierce JPM Week panel of industry experts discussing what it will take for biotechs to pull off a successful IPO in 2025.
 

Resources

Whitepaper

Communicating the Value of Biopharma Assets to Potential Investors

How can an emerging company attract the right partner for a therapeutic asset (& optimize its value in a transaction)? This paper offers some insights.

 

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