Gilead's $5B Galapagos black hole widens as pair tosses out phase 3 asset after flop After ditching Editas, AbbVie taps Caribou for new CRISPR, CAR-T pact Childhood cancer-focused Day One banks $130M for pan-RAF inhibitor Sponsored: Understanding the pharmaceutical lifecycle and the benefits of a menu-driven approach AstraZeneca partners to set up Hong Kong biotech incubator Mirati allies with MD Anderson to run KRAS clinical trials BigHat Biosciences bags $19M to 'supercharge' antibody development Allogene partner Notch snags $85M for renewable cell therapies Eli Lilly scores FDA nod for COVID-19 antibody cocktail, aims to make 1M doses by midyear Featured Story By Ben Adams Gilead has sunk billions into Galapagos over the past few years, but this is quickly turning into one of the most disastrous biotech deals in recent history. read more |
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| Top Stories By Ben Adams Last year, AbbVie decided to walk away from a pact with gene editing biotech Editas that was originally penned via its new buyout, Allergan. read more By Amirah Al Idrus It’s been a busy year for Day One Biopharmaceuticals. Just nine months after debuting with $60 million to tackle childhood cancers, the company is topping up its coffers with a $130 million series B financing. The funds will bankroll development and launch plans for its lead program as well as its search for new drug programs to pick up. read more Sponsored By: Avid Bioservices The concept of one-stop shopping has become more popular in the biopharmaceutical industry in recent years, prompting many traditional commercial manufacturing organizations (CMOs) to provide support to clients throughout the manufacturing lifecycle. read more By Nick Paul Taylor AstraZeneca has partnered with Hong Kong Science and Technology Parks to set up an incubation program for biomedical startups. The program is designed to attract and support local and overseas startups working to improve the treatment and diagnosis of cancer. read more By Nick Paul Taylor Mirati Therapeutics has joined forces with MD Anderson Cancer Center to expand the study of its two KRAS inhibitors. The pact will enable Mirati to tap into MD Anderson’s clinical trial capabilities as it seeks to position adagrasib and MRTX1133 as treatments for multiple solid tumor types. read more By Amirah Al Idrus BigHat Biosciences raised $19 million to further develop its AI-based antibody design platform, make it scalable and advance a suite of programs toward the clinic. it will also use the funds to build the teams that will make this possible, with plans to hire protein engineers, artificial intelligence and machine learning engineers, and computational biologists. read more By Amirah Al Idrus Several companies are working to make cell therapies cheaper and more widely available by making them from donor cells rather than patients' own cells. Notch Therapeutics is going one step further with cancer treatments based on stem cells rather than mature T cells, and it’s raised $85 million to back that mission. read more By Eric Sagonowsky Two weeks after Eli Lilly unveiled data showing its COVID-19 combo of bamlanivimab and etesevimab slashed the risk of death and hospitalization for high-risk patients, the antibody cocktail has won its emergency FDA authorization. The nod squares Lilly up to Regeneron, which till now had the only authorized dual-antibody coronavirus cocktail. read more Enrollment Showcase Sponsored by: University of Florida College of Pharmacy Learn about the Top 5-Ranked UF College of Pharmacy’s online graduate programs in pharmaceutical outcomes & policy. Select from five specializations, including the new pharmaceutical value assessment & communication option. Over half of graduates progress to a new role within one year. Register now. |
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