Relmada looks to salvage depression med

Today's Big News

Mar 24, 2023

SPACs back from brink with NK cell therapy biotech's plans for blank-check merger


Cash crunches keep Bioasis and Celyad's feet to the fire as wait for better days continues


Relmada, reeling from 2 late-phase flops, plots comeback for depression drug


Finch pinches pennies, stretching cash to 2025 after layoffs and trial discontinuation 


New osteoarthritis drug curbs symptoms in animals, researchers gear up for clinical trial


Chutes & Ladders—Ex-Seagen CEO takes new role less than a year after arrest

 

Featured

SPACs back from brink with NK cell therapy biotech's plans for blank-check merger

After a number of high-profile SPAC announcements toward the end of last year, these deals once again dropped off in 2023. But that doesn’t mean the low-key revival of this reverse merger model has died.
 

Top Stories

Cash crunches keep Bioasis and Celyad's feet to the fire as wait for better days continues

Bioasis Technologies and Celyad Oncology are still waiting for better days. In separate updates, the two biotechs revealed that their respective turnaround strategies remain works in progress—and constraints on cash are still defining what can and cannot be achieved.

Relmada, reeling from 2 late-phase flops, plots comeback for depression drug

Relmada Therapeutics is preparing for one last roll of the dice. After blaming the failure of its first two phase 3 trials on an “unplausible placebo response,” the depression drug developer has sifted through the ashes of the flameouts and outlined plans to start a new study.

Data-Centric AI is Making Waves

Data rich but quality poor. Massive amounts of disorganized data might be the final roadblock to unlocking the potential of data-centric AI.

Finch pinches pennies, stretching cash to 2025 after layoffs and trial discontinuation

After laying off 95% of its team in January, Finch Therapeutics is pinching pennies to stay alive, extending its cash runway into 2025.

New osteoarthritis drug curbs symptoms in animals, researchers gear up for clinical trial

A new drug to reduce inflammation in osteoarthritis has shown success in a double-blind study on animal models. The team behind it is now preparing to undertake a clinical trial that the U.S. Department of Defense will fund.

Chutes & Ladders—Ex-Seagen CEO takes new role less than a year after arrest

Co-founder and former CEO of Seagen Clay Siegall is back in the biopharma world less than a year after he was arrested and booked on fourth-degree domestic assault charges.

'The Top Line': Fierce Medtech's annual Fierce 15 honorees, plus this week's headlines

This week on "The Top Line," we discuss Fierce Medtech’s annual Fierce 15 report and startups that made the cut. We also cover Illumina and Carl Icahn's proxy battle and more of this week's top headlines.

Idaho hospital to stop obstetrical services, citing doc shortages, fewer births and 'political climate'

A hospital in Idaho plans to close down its labor and delivery unit, citing a loss of pediatricians, fewer births and Idaho’s legal and political climate around healthcare. As rural hospitals close maternity wards at an accelerating pace, could abortion bans worsen the trend?

Neuromodulation device for PTSD treatment from GrayMatters snags FDA nod

Post-traumatic stress disorder treatment typically takes a two-pronged approach: talk therapy and medications combined to help manage symptoms. And now, a newly FDA-cleared device adds a third option in the form of self-guided neuromodulation.

Brii Bio shelves once-promising COVID antibody combo that stood up to variants

The brief commercial run of Brii Biosciences' long-acting antibody combination of amubarvimab and romlusevimab is over. Brii will stop manufacturing the cocktail in China and has pulled its submission for emergency use authorization in the United States, the company said Friday.

Abbott gets surreal, creating family of melon-headed humanoids for concussion campaign

Abbott is twisting my melon. For its latest campaign, the healthcare company’s concussion awareness coalition has created a family of melon-headed humanoids to tell Americans “if you hit your head, get it checked.”

Fierce Pharma Asia—Takeda's $4B psoriasis data; Biohaven's neurology bet; Pfizer and Astellas' Xtandi wins

Takeda detailed the psoriasis data behind its $4 billion deal for Nimbus Therapeutics' TYK2 inhibitor. Biohaven reached out to a Chinese company for a neuroinflammatory disease candidate. Astellas and Pfizer's Xtandi read out positively in early-stage prostate cancer, while the U.S. government denied a petition to grab the popular drug's patent.
 
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'The Top Line': Fierce Medtech's annual Fierce 15 honorees

This week on "The Top Line," we discuss Fierce Medtech’s annual Fierce 15 report and startups that made the cut. We also cover Illumina and Carl Icahn's proxy battle and more of this week's top headlines.

 

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Questions You Need to Ask Your CRO About Clinical Supply

Planning on using a CRO to support your next clinical study? This infographic outlines critical areas to address at the start of the relationship in order to ensure that budget and timelines keep on track for the duration of the trial.
Case Study

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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