Top 10 R&D budgets

Today's Big News

Mar 27, 2023

FDA floats oncology authorization shake-up, pitching 'one-trial' model for accelerated and full approval


Vertex doubles down on CRISPR Tx and diabetes in new $100M deal


Top 10 pharma R&D budgets in 2022


Jounce jilts Redx for Concentra’s surprise merger offer, plans to lay off 84% of workforce


Gamida lays off 17%, ditches NK cell therapy work to keep blood cancer drug on track


Codiak files for bankruptcy after exosome-focused biotech unable to satisfy ‘financial needs’


Help wanted: Vaxxinity seeks a partner to press ahead with Alzheimer's treatment


New data give Agenus' combo drug another boost, this time in ovarian cancer


AstraZeneca stays on course to challenge Alnylam with 66-week rare disease data


Bayer, with new leadership stepping in, deprioritizes women's health R&D


Neuraly points to younger patients for hope as Parkinson's bet fails phase 2


BrainStorm finds path through FDA regulatory jungle for twice-dismissed ALS drug


Functional thymus organoids successfully grown from human stem cells

 

Featured

FDA floats oncology authorization shake-up, pitching 'one-trial' model for accelerated and full approval

The FDA is planning to shake up its approach to the accelerated approval of oncology drugs—and wants to know what you think of its proposals. In draft guidance, the agency outlined plans to move away from single-arm studies and instead favor randomized controlled trials that can potentially serve as the basis for both accelerated and full approval.
 

Top Stories

Vertex doubles down on CRISPR Therapeutics and diabetes in new $100M deal

Historically known for developing a handful of cystic fibrosis treatments, Vertex is now going deeper into diabetes and its work with CRISPR Therapeutics in a new $330 million deal.

Top 10 pharma R&D budgets in 2022

The latest R&D budget rankings looks a lot like the 2021 list, but Sanofi cracked the list this year and shifts in positions occurred, like Merck reaching the podium after jumping Pfizer for third place.

Jounce jilts Redx for Concentra's surprise merger offer, plans to lay off 84% of workforce

Only two weeks after crashing Redx Pharma’s planned reverse merger into Jounce Therapeutics, Concentra Biosciences’ unsubtle tactics appear to have paid off as it walks home with Jounce.

Gamida lays off 17%, ditches NK cell therapy work to keep blood cancer drug on track

More than a year after Gamida Cell slimmed down its workforce, the biotech has again resorted to laying off staff to keep the long-delayed plans for its blood cancer treatment omidubicel on the road.

Codiak files for bankruptcy after exosome-focused biotech unable to satisfy ‘financial needs’

Another biotech bites the dust. This time it’s Codiak Biosciences, whose attempts to deliver exosome-based therapeutics have reached the end of the road.

Help wanted: Vaxxinity seeks a partner to press ahead with Alzheimer's treatment

Vaxxinity is on the hunt for a partner to press ahead with late-stage work of its Alzheimer's treatment vaccine. The acknowledgment comes as the company is looking to nab approval for its COVID booster shot.

New data give Agenus' combo drug another boost, this time in ovarian cancer

A year and a half after Agenus withdrew its accelerated approval request for cervical cancer drug balstilimab, the biotech has provided new combo data in ovarian cancer.

AstraZeneca stays on course to challenge Alnylam with 66-week rare disease data

AstraZeneca and Ionis Pharmaceuticals have breezed past another marker on the route to approval of eplontersen, revealing that the challenger to Alnylam’s Amvuttra and Onpattro improved outcomes in a rare disease out to 66 weeks.

Bayer, with new leadership stepping in, deprioritizes women's health R&D

Bayer has elected to move away from early R&D work focused on women's health. The pharmaceutical company behind the birth control brand Yasmin says it will continue to work on clinical-stage assets in the field.

Neuraly points to younger patients for hope as Parkinson's bet fails phase 2

A Parkinson’s disease treatment from Neuraly, a biotech spun out from the Johns Hopkins School of Medicine, did not improve motor experiences of daily living or movement in a midstage trial, but the investigators did flag a better result for younger patients.

BrainStorm finds path through FDA regulatory jungle for twice-dismissed ALS drug

BrainStorm Cell Therapeutics has been determined to get a twice-rejected amyotrophic lateral sclerosis treatment through the FDA process. And now, the dogged New York biotech will get another chance. The FDA agreed to hold an advisory committee meeting after the company used an unusual regulatory Hail Mary.

Functional thymus organoids successfully grown from human stem cells

Though the work is only in the proof-of-concept stage, the “mini organs” could help develop patient-specific therapies for treating thymic dysfunction.

Musk's Neuralink seeks a clinical trial partner as it awaits FDA go-ahead: Reuters

Seemingly undeterred by reports earlier this month that the FDA had rejected an early 2022 request from Neuralink to begin a clinical trial of its brain implant, Elon Musk's brain-computer interface company is reportedly plowing ahead with plans for human testing.

#FierceMadness: DeSalvo, Lynch continue hot streak to reach Elite Eight

The NCAA basketball tournament is officially underway, and that means the Fierce Healthcare team is back with another bracket competition as well.

Look out, Lilly. Novartis touts 'consistent benefit' for Kisqali in broad early-stage breast cancer

Novartis' highly anticipated NATALEE trial reported a positive readout, showing Kisqali could pare back disease recurrence in an early breast cancer population that's broader than Eli Lilly's Verzenio.

Live at ViVE 2023—Trilliant Health unveils payer price transparency tool; AWS unveils 23 startups for workforce development accelerator

Fierce Healthcare's editorial team brings you the latest news and trends from the ViVE 2023 conference in Nashville.

FDA outlines regulatory transition plan for COVID tests, devices as public health emergency wraps up

The FDA has laid down a path for the developers of COVID-19 tests and other pandemic-focused medical devices to finally make the transition to the foreseeable regulatory future, where the coronavirus will be treated as more endemic than emergency—and the agency is urging companies to get their paperwork in ASAP.
 
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A Strategy to Standardize Process Characterization & Late Phase Development

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