Ginkgo Bioworks snaps up 3 startups

Today’s Big News

Feb 28, 2024

Fierce Biotech Layoff Tracker 2024: 55 job cuts tied to J&J R&D facility closure; ObsEva lays off all staff 


Apellis cites current challenges with Syfovre launch but bright prospects in the long-term 


Ginkgo-a-go-go! Bioworks company forges 3 acquisition deals 


As historic MDMA decision nears, even J.P. Morgan eyes psychedelic investments 


The power of openness? How the British monarch and Hollywood celebs are boosting disease awareness 


FDA issues alert over implant risks of Hologic's breast tissue marker 

 

Featured

Fierce Biotech Layoff Tracker 2024: 55 job cuts tied to J&J R&D facility closure; ObsEva lays off all staff

We really didn't want to have to create another Layoff Tracker this year. But here we are, launching the third annual iteration tracking biopharma layoffs. 
 

Top Stories

Apellis cites current challenges with Syfovre launch but bright prospects in the long term

The first 12 months on the market for Apellis’ geographic atrophy (GA) drug Syfovre have been a rollercoaster ride. And there are still more loops to negotiate. On Tuesday, when Apellis presented its quarterly earnings, its report raised more questions about Syfovre than it answered.

Ginkgo-a-go-go! Bioworks company forges 3 acquisition deals

The spending spree comes alongside Ginkgo’s unveiling of a new technology network that encompasses a list of offerings from more than 25 of the company’s developer partners and previous acquisitions.

As historic MDMA decision nears, even J.P. Morgan eyes psychedelic investments

With the stage set for the first psychedelic-based therapy to nab FDA approval this year, even J.P. Morgan can't resist the allure of compelling data and wide-open markets.

The power of openness? How the British monarch and Hollywood celebs are boosting disease awareness

What do comedian and actress Amy Schumer and the British monarch King Charles III have in common?

FDA issues alert over implant risks of Hologic's breast tissue marker

The FDA put out a safety communication Tuesday warning about the possibility of “serious complications” tied to the use of Hologic’s BioZorb devices.

Seeking blockbuster status, UCB eyes 4 new indications for psoriasis med Bimzelx in 2024

After an initial FDA approval came later than anticipated, UCB is looking to quickly grow Bimzelx. The company is eying four new indications and potential peak sales of 4 billion euros.

No ongoing sale process at Cytokinetics, CEO says following Novartis acquisition rumors

After being the center of speculation for several months, Cytokinetics’ CEO Robert Blum is putting the kibosh on the rumor that Novartis will be acquiring the biotech.

Mainstay Medical merits $125M for back pain-focused neuromod implant

Fresh off earning an updated FDA clearance for its flagship neuromodulation device, Mainstay Medical has closed an equity financing round to help expand the device’s global presence.

After Idorsia deal, Viatris' dealmaking appetite remains strong, CEO says

On the back of its $350 million deal for two late-stage Idorsia assets, Viatris will continue to be “opportunistic” when it comes to making future business development grabs—especially on the commercial side—executives said Wednesday.

Idorsia, weeks from cash-tastrophe, bags $350M upfront from Viatris for 2 late-phase assets

Idorsia has survived a high-wire financing act. Weeks from the end of its cash runway, the biotech has secured $350 million upfront from Viatris in exchange for the global rights to two phase 3 candidates. 

Rovi wins FDA nod to make Moderna’s COVID vaccine at Spanish plant

The FDA has cleared Rovi's active substance manufacturing plant in Granada, Spain, to churn out Moderna's COVID vaccine for the U.S. market. Meanwhile, Rovi CEO Juan López-Belmonte sees the Novo-Catalent M&A deal as a “tremendous opportunity” for his company.
 
Fierce podcasts

Don’t miss an episode

'Podnosis': Maternal mental health in the spotlight

This week on "Podnosis," Editor-in-Chief Ayla Ellison explores the critical issue of maternal mental health in an interview with Dr. Ken Levey, co-founder and CEO of Mother Goose Health.
 

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.

 

Industry Events

 

Upcoming Fierce Events

11-12
Mar
San Francisco, CA
18-20
Mar
Savannah, GA
6-8
May
Jersey City, NJ
13-15
May
Newport Beach, CA
14-15
May
Newport Beach, CA

View all events