Biogen pays $165M for Dravet drug

Today’s Big News

Feb 18, 2025

2024's top 10 clinical trial flops 


2 NIH leaders depart as White House cuts thousands of jobs across federal health agencies 


ARPA-H director removed by Trump administration


Biogen pays Stoke $165M, bagging Dravet prospect to fire up late-phase pipeline


Gilead loses interest in Arcus' kidney cancer rival to Merck's Welireg


Septerna drops lead asset over bilirubin side effects 4 months after going public


Solid Bio's stock soars as early DMD gene therapy data beat expectations


Basilea opts not to take MRSA antibiotic into clinic due to 'stringent risk-return criteria'


Cell death biotech Kojin winds down, citing 4 funding challenges

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Featured

2024's top 10 clinical trial flops

Fierce Biotech recounts the top 10 clinical trial failures of 2024 that sent ripples across the industry.
 

Top Stories

2 NIH leaders depart as White House cuts thousands of jobs across federal health agencies

The National Institutes of Health has lost two distinguished leaders as mass layoffs directed by the Trump administration hit federal health agencies.

ARPA-H director removed by Trump administration

Renee Wegrzyn, Ph.D., the inaugural head of the Advanced Research Projects Agency for Health (ARPA-H), has been let go, a Department of Health and Human Services spokesperson confirmed in an email to Fierce Biotech.

Grifols, through pioneering plasma research, looks to reveal early warning signs of Parkinson's

Nearly one million people in the U.S. and more than six million people worldwide have Parkinson's disease (PD), a debilitating neurological condition characterized by progressive motor and non-motor symptoms that significantly affects patients and their loved ones.

Biogen pays Stoke $165M, bagging Dravet prospect to fire up late-phase pipeline

Biogen has refueled its R&D engine, paying Stoke Therapeutics $165 million upfront for ex-U.S. rights to a phase 3-ready molecule that could become the first disease-modifying treatment for Dravet syndrome.

Gilead loses interest in Arcus' kidney cancer rival to Merck's Welireg

Gilead Sciences has defied analysts’ expectations by passing on its chance to license Arcus Biosciences’ potential rival to Merck & Co.’s kidney cancer drug Welireg.

Septerna drops lead asset over bilirubin side effects 4 months after going public

Septerna stood out from the crowd of biotech IPOs last year due to the lack of clinical data to hand. Now, the data are coming in—and it’s led the biotech to abandon its lead asset.

Solid Bio's stock soars as early DMD gene therapy data beat expectations

Solid Biosciences has surged back into the Duchenne muscular dystrophy gene therapy race. The biotech reported expectation-busting phase 1 data on its next-generation candidate, sending its stock spiraling upward.

Basilea opts not to take MRSA antibiotic into clinic due to 'stringent risk-return criteria'

Basilea Pharmaceutica has cited its “stringent risk-return criteria” as a reason for not taking up its option to bring a MRSA antibiotic into clinical development.

Cell death biotech Kojin winds down, citing 4 funding challenges

Boston biotech Kojin Therapeutics is closing its doors, citing four funding challenges and a few valuable lessons learned. 

With new FDA approval, GSK joins Pfizer in the 5-in-1 meningococcal vaccine ring

The company's Penmenvy combines components of its established MenB and MenACWY vaccines Bexsero and Menveo, respectively.

FDA approves Ono's rare tumor drug from $2.4B Deciphera buyout

The new FDA approval gives Daiichi Sankyo’s Turalio some company in a rare tumor type.

Urgent CDC data and analyses on influenza and bird flu go missing as outbreaks escalate

Without a complete analysis, it’s unclear whether this tidal wave of sickness foreshadows a spike in hospitalizations and deaths that hospitals, pharmacies and schools must prepare for.
 
Fierce podcasts

Don’t miss an episode

A heartwarming roundup of cardiovascular news and most-loved stories

This week on "The Top Line," we celebrate Valentine's Day with a discussion about heart-related updates and the stories we've loved covering so far this year.
 

Resources

Whitepaper

The Oncology Market: 2024 Year in Review

This paper reviews key developments in the oncology market during 2024 and outlines what they mean for the future.

 

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