Leaping forward: Bayer VC arm commits $1.4B to double investment pace through 2024 Sage's phase 2 Alzheimer's drug shows signs of cognitive improvement—but there's a catch Layoff surge hits 3 more biotech companies Sponsored: How creative chemistry and collaboration synthesized a better drug strategy for Enterin With 2023 launch in sight, Pharming shares pivotal data on ex-Novartis rare disease drug Finch clips wings of hepatitis B program, hitting pause on clinical plan to focus on C. diff and autism SAB vows to plow ahead with COVID-19 therapy after NIH drops out 2 gene editing biotechs team up to improve on delivery with $45 upfront BD's Embecta diabetes spinoff leaves the nest as standalone billion-dollar company Sanofi's CDMO spinoff set for next month as new group targets 2022 revenues of €1B House passes bill to cap insulin copays at $35 a month for Medicare, private plans Medsir teams with Goldman Sachs-backed Oncoclínicas for Latin American market Merck, amid pneumococcal vaccine race with Pfizer, suffers FDA delay for key pediatric use Fierce Pharma Asia—FDA oncology czar on China PD-1 rebuff; US Senate's supply chain bill; Insilico's AI targets Chutes & Ladders—John Mascola departs NIAID's Vaccine Research Center after 22 years Featured Story | By Max Bayer Leaps by Bayer, the investment arm of the Big Pharma, plans to more than double the pace of its investments through 2024 with another €1.3 billion for new ventures through 2024. read more |
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Top Stories By Annalee Armstrong Sage Therapeutics was mostly focussed on reviewing safety for its Alzheimer’s disease drug, but early data shows the therapy may also improve executive performance, learning and memory in patients with mild cognitive impairment and dementia—but there's a catch. read more By Gabrielle Masson Three more biotech companies have joined the unfortunate—but increasingly common—layoff trend, fueling the epic and growing wave of industry layoffs. With more than 30 layoffs tallied by Fierce Biotech, the overpopulated industry is being forced to cut down. read more Sponsored by: Pfizer Reshaping the understanding of enteric nervous system (ENS) dysfunction and the progression of Parkinson’s, Pfizer CentreOne helped Enterin synthesize a better chemistry for its lead candidate. read more By Nick Paul Taylor Pharming thinks it has the data to support approval of its ex-Novartis rare disease drug. With a phase 2/3 trial of the PI3Kδ inhibitor hitting its co-primary endpoints, Pharming is preparing to file for approvals in the second quarter. read more By Nick Paul Taylor Finch Therapeutics has joined the ranks of biotechs that are narrowing their focus. With its lead program under clinical hold, the microbiome specialist has pulled out of a planned study in chronic hepatitis B. read more By Annalee Armstrong SAB Biotherapeutics is hoping to continue work on its COVID-19 antibody treatment after the National Institutes of Health shut down a funded phase 3 clinical trial when the omicron wave slowed earlier this year. read more By Gabrielle Masson Myeloid Therapeutics and Prime Medicine have signed an exclusive option and research collaboration to develop Myeloid’s RNA-based gene-editing technology, dubbed “RetroT." Prime is shelling out $45 million upfront for the opportunity. read more By Andrea Park No, it’s not an April Fool’s joke—BD officially bid farewell to its longstanding diabetes business on Friday, as the newly formed Embecta made its public debut on the Nasdaq. read more By Eric Sagonowsky When Sanofi unveiled plans to spin off its European active pharmaceutical ingredients unit back in early 2020, the world looked quite different. But more than two years and a global pandemic later, Sanofi is nearing the end of the spinoff process. read more By Robert King The House passed legislation Thursday to cap insulin costs at $35 a month for both Medicare and private plans, but it remains unclear whether the legislation would change in the Senate where a bipartisan effort is happening. read more By Gareth Macdonald Spanish cancer services firm Medsir has set its sights on Latin America by forging a partnership with Brazilian oncology research chain Oncoclínicas. read more By Kevin Dunleavy The FDA has extended its target date for approval of Merck's next-generation pneumococcal vaccine Vaxneuvance in kids by three months. Before it signs off the shot for kids ages 6 weeks through 17, the U.S. regulator wants to see additional analyses of data. The approval is key as Merck hopes to gain an edge over Pfizer in this important age group. read more By Angus Liu FDA's oncology chief Richard Pazdur defends the agency's rejection of Eli Lilly and Innovent Biologics' PD-1 inhibitor. U.S. lawmakers are working to reduce America's supply chain reliance on China. Insilico Medicine shows its artificial intelligence drug discovery engine works in age-related diseases. And more. read more By Max Bayer John Mascola is leaving the Vaccine Research Center—NIAID's R&D hub—after 22 years including nine as director. Former Merck CEO Ken Frazier is hopping onto Eikon's board, the third former exec from the Big Pharma to join the startup this year. Bone Therapeutics is losing four members of its C-suite after cutting 25% of its workforce in early March. read more Resources Sponsored by: Blue Matter, strategic consultants in the life sciences What’s in store for the oncology market in 2022 and beyond? 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