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March 09, 2017

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Today's Rundown

  1. Novo Nordisk said to be in the hunt for Global Blood Therapeutics

  2. Bristol-Myers replaces CSO at key point for pipeline

  3. Cancer specialist BeyondSpring lands on the Nasdaq with a $54M IPO

  4. Parkinson’s nonprofit founds virtual single-asset biotech

  5. Spero plans to have two antibiotics for resistant pathogens in pivotal trials next year

  6. Report: CROs should consider Asian countries as trial sites for these reasons

  7. Merck KGaA in advanced talks to sell off biosims unit—and others could follow

Featured Story

Novo Nordisk said to be in the hunt for Global Blood Therapeutics

With pricing pressure mounting in the diabetes space, insulin specialist Novo Nordisk may be looking to wean itself off its core focus with a rumored buyout for Global Blood Therapeutics, a buy that could help boost its own blood disorder business.

Top Stories

Bristol-Myers replaces CSO at key point for pipeline

Bristol-Myers Squibb has appointed Thomas Lynch to replace Francis Cuss as CSO. The reshuffle puts the former CEO of Massachusetts General Physicians Organization in charge of returning the lustre to Bristol-Myers’ R&D pipeline after a period in which setbacks to Opdivo have dampened expectations.

Cancer specialist BeyondSpring lands on the Nasdaq with a $54M IPO

Cancer therapeutics biotech BeyondSpring scored $54.3 million in a combination IPO and private placement. The total falls well short of its initial $100 million target and relied almost exclusively on the placement for the bulk of its cut-price raise. 

Parkinson’s nonprofit founds virtual single-asset biotech

Nonprofit Parkinson’s UK has teamed up with the University of Sheffield to create a virtual biotech. The single-asset startup will work with service providers to advance an Nrf2 inhibitor toward the clinic.

Spero plans to have two antibiotics for resistant pathogens in pivotal trials next year

Buoyed by a third-round fundraising that netted $51.7 million, antibiotic developer Spero Therapeutics says it will be able to accelerate clinical development of two drugs against drug-resistant infections recently highlighted by the WHO.

Report: CROs should consider Asian countries as trial sites for these reasons

Patient recruitment has been named as a key factor for clinical trial failures and delays, and many CROs are turning their studies to vast populated Asian countries, boosting the region’s trial industry, a recent Frost & Sullivan report finds.

Merck KGaA in advanced talks to sell off biosims unit—and others could follow

The rumors are true: When it comes to biosimilars, Merck KGaA has had enough. The German drugmaker is in advanced negotiations to sell its unit of biologic copycats, it said in its 2016 annual report.

News of Note

The FDA cleared Servier and Pfizer for U.S. trials of their CALM study for UCART19 in blood cancer, following the U.K. trial that started last year. Release

On the day BMS lost its CSO, Epizyme has also said its head of research and chief scientific officer, Robert Copeland, has retired from the biotech. Statement

The FDA has handed out its orphan drug designation tag for Boehringer's experimental anti-CD33 mAb in myelodysplastic syndromes. Release

Resources

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[Whitepaper] Expert Advice: Designing Systems for Global Content Processes

Learn over a dozen best practices for deploying a global content system. Read Whitepaper.

[Whitepaper] Delayed and Confusing IDMP Requirements Demand Two-Part Strategy

Gartner provides insightful research on preparing for IDMP compliance. Read Whitepaper.

[Whitepaper] Transformation Initiatives Underway for Regulatory Information Management

Learn How to Create a Unified RIM Environment for IDMP. Find out.

[Whitepaper] Considering an eTMF Solution? Industry Research Reveals the Top Benefits

The largest survey of TMF owners reveals drivers and trends in improving inspection readiness and shortening trial time.

[Whitepaper] The Trailblazer's Guide to Apps

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