Synaffix, MacroGenics add $2.2B to ADC deal

Today's Big News

Mar 14, 2023

The delisting dilemma: Why do so many biotechs face being kicked off the Nasdaq?


Servier serves up phase 3 brain tumor win at interim analysis, validating $1.8B buyout of Agios unit


Synaffix, MacroGenics crack open ADC pact, tacking on $2.2B, four more programs 


Acesion, targeting first new approach to AF in decades, hits primary endpoint in midphase trial


After rejection and appeal, Omeros saddles up for 2nd charge at transplant drug approval


2-protein knockout helps T-cell therapies hit harder 


Fierce Biotech Fundraising Tracker '23: Flicking RNA switch with $52M; Ring circles $86.5M

 

Featured

The delisting dilemma: Why do so many biotechs face being kicked off the Nasdaq?

The latest fear stalking biotech boardrooms isn’t a trial fail or an underwhelming funding haul, it’s the postman delivering a letter from Nasdaq warning that the company’s stock faces being delisted from the stock exchange.
 

Top Stories

Servier serves up phase 3 brain tumor win at interim analysis, validating $1.8B buyout of Agios unit

Servier’s $1.8 billion oncology bet has delivered a phase 3 win. Vorasidenib, a candidate covered by the French drugmaker’s buyout of Agios Pharmaceuticals' cancer unit, beat placebo on the primary endpoint at an interim analysis to bring forward Servier’s regulatory filing plans.

Synaffix, MacroGenics crack open ADC pact, tacking on $2.2B, 4 more programs

Synaffix and MacroGenics are expanding their existing ADC-focused collaboration, upping the deal by $2.2 billion and putting four more targets on the table. The move comes as interest in ADCs grows at a rapid pace.

Raw materials matter in mRNA vaccine and therapeutic development

In the development of mRNA vaccines and therapeutics, identifying a raw materials supplier who can partner with you from preclinical to commercial supply is a key to success.

Acesion, targeting first new approach to AF in decades, hits primary endpoint in midphase trial

Acesion Pharma has early clinical evidence that its new approach to treating atrial fibrillation works. In a phase 2 clinical trial, recipients of the biotech’s first-in-class ion channel inhibitor converted to sinus rhythm, boosting the prospects of a mechanism that could be the first new approach to afib in 20 years.

After rejection and appeal, Omeros saddles up for 2nd charge at transplant drug approval

A year and a half after its stem-cell-associated blood clot med was rejected by the FDA, Omeros is gearing up to head back to the regulator for another attempt.

2-protein knockout helps T-cell therapies hit harder

A new strategy from the lab of Carl June could overcome T-cell exhaustion and help make CAR-T and TCR-T therapies more effective against solid tumors.

Fierce Biotech Fundraising Tracker '23: Flicking RNA switch with $52M; Ring circles $86.5M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

UK health service opens facility to develop and produce cell and gene therapies

The U.K.’s National Health Service Blood and Transplant, which manages blood and platelet donations plus organ, stem cell and tissue transplants in the country, opened a new clinical biotech center to help boost the U.K.’s capacity to make DNA plasmids and viral vectors.

Illumina facing proxy battle led by activist investor Icahn over Grail acquisition: WSJ

Illumina is reportedly the target of an upcoming proxy battle, stemming from the sequencing giant’s decision to plow ahead in its $8 billion re-acquisition of former spinout Grail in 2021 in defiance of regulators.

With billions of dollars on the line, Bayer survey finds flaws in kidney disease communication, diagnosis

Chronic kidney disease (CKD) should be among the top health concerns of diabetes patients. Yet, while around 1 in 3 adults with diabetes has CKD, a Bayer survey of healthcare professionals shows that people are often unprepared for their diagnosis and that communication needs to improve.

Insulet tapped to replace SVB on S&P 500 index after bank collapse

Silicon Valley Bank's parent company SVB Financial Group is no longer eligible for inclusion on the S&P 500 and will therefore be removed from the index before the markets open on Wednesday—at which point Insulet will step in to take its place.

SXSW 2023: Data privacy, healthcare websites new battlegrounds over reproductive rights

AUSTIN, Texas—Data privacy and access to online information about abortion care have become the next big battlegrounds in the fight over reproductive health in a post-Dobbs world. At SXSW 2023, privacy advocates outline the steps that digital health and health tech companies can and should be taking to better protect sensitive data.
 
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'The Top Line': Why pharma needs to ramp up its use of AI and machine learning, plus this week's headlines

This week on "The Top Line," we take on AI and machine learning in the pharma and healthcare universe. The expectation is that these tools will speed up innovation and open up new markets, helping the sector stay ahead of the curve. Plus, this week's headlines.
 

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A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

 

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