Frontier's toughest financing yet

Today’s Big News

Feb 23, 2024

GSK, Vir end flu drug alliance, removing key piece of $345M pact


Galapagos halts lupus CAR-T program, confirms 100 layoffs so far this year


Frontier CEO weathers 'one of the hardest financings' of his career to close $80M series C


Chutes & Ladders—AbbVie appoints successor for CEO Gonzalez


A SMRT new target for male contraceptives works in mice

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

 

Featured

GSK, Vir end flu drug alliance, removing key piece of $345M pact

GSK is walking away from a core piece of its $345 million bet on Vir Biotechnology. The partners have ended their collaboration on anti-influenza antibodies, freeing Vir to “actively” pitch the candidates to other companies while continuing to work with GSK on different respiratory pathogens.
 

Top Stories

Galapagos halts lupus CAR-T program, confirms 100 layoffs so far this year

Galapagos used its earnings report to disclose that work has been halted on a CD19 CAR-T candidate for refractory systemic lupus erythematosus.

Frontier CEO weathers 'one of the hardest financings' of his career to close $80M series C

Frontier Medicines has just closed a $80 million fundraising, but, according to CEO Chris Varma, Ph.D., corralling the capital was, in his own words, harder than the bleakest days of the Great Recession. 

How pharma and healthcare will benefit from the adoption of ePI standards

What gains can pharma and healthcare sectors make from adopting digital medicines information standards, and how can they prepare for the transition?

Chutes & Ladders—AbbVie appoints successor for CEO Rick Gonzalez

AbbVie has formally announced that President and COO Robert Michael will succeed Rick Gonzalez as CEO.

A SMRT new target for male contraceptives works in mice

A drug with past life as a potential anti-cancer agent might someday have a new job as a reversible contraceptive for men, new data in mice suggest.

'The Top Line': Breaking down Eli Lilly’s ESG formula

This week on "The Top Line," we explore the impact of environmental, social, and governance measures, commonly known as ESG, on the pharmaceutical industry. Fierce Pharma's Fraiser Kansteiner engages in a conversation with Jim Greffet, Head of ESG Strategy at Eli Lilly, to gain insights and discuss Lilly's specific ESG initiatives.

Congressional lawmakers strike back at Biden admin's 'march-in' proposal to corral drug costs

As the Biden administration’s exploration of “march-in rights" draws support from powerful entities like the Federal Trade Commission, a small group of lawmakers on both sides of the aisle have warned the approach could “hamstring” U.S. innovation.

European CRO FGK steps into the UK with Clinicology acquisition

Munich-based FGK Clinical Research has acquired Clinicology Ltd., a U.K.-based contract research organization.

To BioMarin CEO Alexander Hardy, hemophilia A gene therapy Roctavian needs 3 stars to align

Even Alexnder Hardy, the former Genentech leader who managed the blockbuster hemophilia drug Hemlibra, can’t immediately bend the laggard launch trajectory of BioMarin’s gene therapy Roctavian.

Fierce Pharma Asia—Daiichi’s €1B expansion; Astellas’ $800M cell-therapy bet; Novartis India’s strategic review

Daiichi Sankyo is investing 1 billion euros to expand its German site. Astellas partnered with Kelonia on cell therapy tech. Novartis launched a strategic review of a subsidiary in India that's focused on older meds. And more.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Breaking down Eli Lilly’s ESG formula

This week on "The Top Line," we explore the impact of environmental, social, and governance measures, commonly known as ESG, on the pharmaceutical industry. Fierce Pharma's Fraiser Kansteiner engages in a conversation with Jim Greffet, Head of ESG Strategy at Eli Lilly, to gain insights and discuss Lilly's specific ESG initiatives.
 

Resources

Whitepaper

The Oncology Market – 2023 Year in Review

This paper offers a detailed review of key events and developments in the oncology market during 2023.  It’s a helpful “status report” that informs how the market is likely to evolve in 2024. It covers, vaccines, radiopharmaceuticals, ADCs, CAR-Ts, bi-specifics, & more.

Whitepaper

Developing and Manufacturing Drugs with HPAPIs

Discover how to effectively classify highly potent APIs and the steps required to develop containment protocols and manufacturing processes that are both safe and efficient.

 

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