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February 08, 2019

Today's Rundown

Featured Story

Sangamo sinks as genome editing flunks early clinical test

Sangamo Therapeutics has posted lackluster data from a phase 1/2 trial of genome-editing therapy SB-913. The treatment failed to have the hoped-for effects on patients with the rare disease MPS II, causing investors to drive Sangamo’s stock down 30%. 

Top Stories

Renamed Axovant could see big gains in 2019: analysts

Axovant Sciences has renamed itself Axovant Gene Therapies to put a seal on its switch from repurposing small-molecule drugs toward becoming a player at the cutting edge of genetic medicine.

New CEO axes 30% of Seres’ workforce to refocus on ‘high priority’ late-stage efforts

Seres Therapeutics has cut about 30% of its workforce and said goodbye to its chief scientific officer as it narrows its clinical efforts. It will instead focus on what it described as its “highest priority” late-stage microbiome programs for ulcerative colitis and C. difficile infections, as well as a planned immuno-oncology study.

UniQure’s hemophilia B gene therapy clears another clinical test

UniQure has posted 12-week data on its hemophilia B gene therapy. The update suggests FIX activity increases seen at six weeks are sustainable, giving uniQure a boost as it races Spark Therapeutics to market. 

Gossamer Bio pulls off $276M IPO to push a trio of programs through the clinic

Late last month, Gossamer Bio filed to raise up to $230 million in a fixed-price IPO so it could go public despite the partial shutdown of the U.S. government. Now that the government has reopened, the San Diego biotech has returned to its original plan, pricing its traditional IPO at $276 million.

An oral insulin delivery system inspired by tortoises

After a century of research, there's still no proven way to give protein drugs such as insulin by mouth, which is considered the holy grail of drug delivery. Now, an MIT-Novo Nordisk team has come up with a pill, inspired by the tortoise, that they say could one day replace injections for diabetes patients.

EuroBiotech Report—Sanofi culls 38 R&D projects, GenSight's phase 3 miss, Galapagos and anti-aging VC

In this week's EuroBiotech Report, Sanofi dumps drugs and posts data on Darzalex rival, GenSight phase 3 misses the mark and Galapagos bags an Evotec asset.

FiercePharmaAsia—Takeda earnings and hemophilia patent; Chinese investors back cancer startup

Lacking overall survival data, Takeda pulls an FDA Ninlaro filing in maintenance setting; the Japanese pharma is also ordered to pay $155 million in a Shire-Bayer hemophilia patent case; some Chinese investors back a New York cancer startup's $60.75 million financing round; and more.

Chutes & Ladders—Chimerix CEO replaced by a trio of officers

Chimerix’s CEO departs and is replaced by a trio of officers; Decibel hires new CMO ahead of proof-of-concept hearing loss studies; and Kiadis poaches Ablynx CSO as it awaits HSCT booster approval in the EU. Those moves plus more hirings, firings and retirings throughout the industry.

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Resources

[Whitepaper] Managing Demand Uncertainty in Biologics Production

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Learn how Health Expression Models provide increased sensitivity, specificity, and accuracy for characterizing immune response in solid tumor specimens.

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Clinical trials take too long and cost too much—here's what needs to change.

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[Whitepaper] Accelerate Time To Market Working With Industry Specialist MSP

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[Whitepaper] Liquid Biopsy Investor Toolkit

With the liquid biopsy market maturing and >80 companies still competing with liquid biopsy offerings, it is crucial for investors to be able to cut through the noise and identify the winners.

[Survey] Veeva 2019 Unified Clinical Operations Survey

Share your thoughts on the life sciences industry's progress in improving study execution.

[eBook] 2018 Weekly Compendium

The Biopharma industry is moving at lightning speed and it can be a challenge to keep pace. Here at Biotech Primer we spend hours each week researching, writing, and editing original content for the Biotech Primer WEEKLY with one goal in mind: to help everyone better understand the latest science and technology driving today’s healthcare industry.

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