CymaBay's quest to up Gilead offer

Today’s Big News

Feb 26, 2024

J&J to shut down massive Bay Area R&D facility less than 18 months after opening it


Biotech's top money raisers of 2023


CymaBay board pushed for 50 cent top up to Gilead's $32.50 per share offer


Boehringer links dual glucagon/GLP-1 agonist to improvements in MASH scarring


GSK, pushing back UTI filing by a year, shows antibiotic's gonorrhea potential in phase 3


Sanofi's BTK inhibitor readout in chronic hives sets up phase 3 push 


NGM to go private as part of $135M buyout by VC firm Column Group


Jasper eyes next indication for hive drug, thanks to asthma success in mice

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

 

Featured

J&J to shut down massive Bay Area R&D facility less than 18 months after opening it

Johnson & Johnson is closing a nearly 200,000 square-foot R&D outpost in Brisbane, California, less than 18 months after it opened, according to multiple sources familiar with the decision.
 

Top Stories

Biotech's top money raisers of 2023

While there wasn't another $3 billion private financing in 2023, it doesn't mean there wasn't plenty of money flowing.

CymaBay board pushed for 50 cent top up to Gilead's $32.50 per share offer

Gilead placed its “best and final” offer to buy CymaBay on January 30: $32.50 per share in cash. But the biotech’s board wanted exactly 50 cents more.

Unlocking the Pathway Puzzle: How Biopharma Can Navigate the Clinical Pathways Landscape

The influence of oncology pathways is growing. Here are the challenges and opportunities for biopharma companies in the clinical pathways landscape.

Boehringer links dual glucagon/GLP-1 agonist to improvements in MASH scarring

Boehringer Ingelheim has connected with a swing at metabolic dysfunction-associated steatohepatitis (MASH), linking its Zealand Pharma-partnered candidate to improvements in disease activity and liver scarring in a phase 2 trial.

Autoantibodies: On Patrol for Cancer

Revolutionizing Cancer Detection: The Power of Autoantibodies

GSK, pushing back UTI filing by a year, shows antibiotic's gonorrhea potential in phase 3

GSK may have pushed back plans to secure approval for gepotidacin as the first new urinary tract infection treatment in 20 years, but fresh phase 3 results have lined up the antibiotic for a separate filing to treat gonorrhea.

Biotech in 2024: Opportunities, Trends & Challenges

In this exclusive interview, ICON Biotech President Chris Smyth paints a picture of the operating environment facing biotechs in 2024.

Sanofi's BTK inhibitor readout in chronic hives sets up phase 3 push

While Sanofi’s plans to use its blockbuster Dupixent to take on Xolair’s domination of the chronic spontaneous urticaria market were derailed by an FDA rejection last year, the French drugmaker has posted phase 2 data suggesting a BTK inhibitor may also have a shot at the crown.

NGM to go private as part of $135M buyout by VC firm Column Group

Following a year that saw a third of staff laid off and a sliding share price, NGM Bio has decided to go private as part of a $135 million buyout by VC firm The Column Group.

Jasper eyes next indication for hive drug, thanks to asthma success in mice

Jasper Therapeutics’ monoclonal antibody briquilimab is effective at preventing mast-cell induced anaphylaxis and asthma in mice, new data suggest. 

After long road to approval, Teva and Alvotech believe their Humira biosimilar Simlandi may have an edge

Teva and Alvotech have braved a long and winding road on the quest to win approval for their biosimilar to AbbVie’s Humira. Now, after multiple manufacturing setbacks, the partners have finally scored their inaugural regulatory nod in the U.S.

Virtual Incision pinches de novo clearance for its MIRA miniaturized surgical robot

The MIRA system is small enough to fit in a standard surgical tray, weighing only two pounds. With a camera and two robotic arms, it is designed to be placed entirely inside the patient’s abdomen and to conduct its work through a single cut in the navel.

BeiGene grows global workforce by 1,000+ as Brukinsa surges, Tevimbra launches outside China

The chilling wind of the biotech winter has apparently spared BeiGene. While layoffs have been commonplace in the industry, BeiGene employed 1,400 more people at the beginning of 2024 than it did a year ago.

ViVE 2024: Simple HealthKit launches new kidney disease testing program

LOS ANGELES — Simple HealthKit is launching a new kidney care program that aims to support health plans in driving better outcomes.
 
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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