FTC request could delay Boston Scientific/Axonix merger

Today’s Big News

Apr 4, 2024

Amylyx to pull failed ALS drug Relyvrio from market, cut 70% of staffers


Merck KGaA signs $1.4B biobuck deal with Caris to expand ADC pipeline


FTC asks Boston Scientific, Axonics for more info on their $3.7B deal, pushing back acquisition timeline


Pfizer’s Velsipity poised to outpace BMS’ Zeposia in ulcerative colitis market, but must head off further competition: analysts


Arbutus, Genevant gain an edge in COVID patent scrap with Moderna

 

Featured

Amylyx to pull failed ALS drug Relyvrio from market, cut 70% of staffers

Amylyx is keeping a promise by pulling the amyotrophic lateral sclerosis (ALS) therapy Relyvrio off the market after the drug failed in a confirmatory trial. And 70% of the company's staff will soon lose their jobs.
 

Top Stories

Merck KGaA signs $1.4B biobuck deal with Caris to expand ADC pipeline

Merck KGaA has become the latest biopharma to swell its oncology pipeline with further antibody-drug conjugate potential this week.

FTC asks Boston Scientific, Axonics for more info on their $3.7B deal, pushing back acquisition timeline

The multibillion-dollar deal for Axonics and its neurostimulation therapies is now slated to close during the second half of this year.

Pfizer’s Velsipity poised to outpace BMS’ Zeposia in ulcerative colitis market, but must head off further competition: analysts

In its first few months of U.S. availability, Pfizer’s Velsipity has already made a splash in the moderate-to-severe ulcerative colitis space, where it’s up against BMS’ Zeposia, a fellow S1P receptor modulator, as well as biologics including AbbVie’s Humira and Rinvoq, J&J’s Stelara, Takeda’s Entyvio and Eli Lilly’s Omvoh.

Arbutus, Genevant gain an edge in COVID patent scrap with Moderna

A Delaware judge sided with Arbutus and Genevant's proposed constructions of the patent claims in question, strengthening their case against Moderna and its COVID-19 vaccine Spikevax.

Sanofi settles 4,000 Zantac state lawsuits, still faces Delaware claims

Sanofi has agreed to settle approximately 4,000 personal injury claims from users of its heartburn drug Zantac, resolving litigation in all U.S. state courts besides Delaware, the company confirmed on Thursday.

CureVac, chasing Moderna's mRNA flu vaccine, runs into the same B strain problems

CureVac and GSK have been racing behind Moderna to try and get the first mRNA flu vaccine to market. But now the European partners have come up against the exact same problem as their U.S. competitor when it comes to the "historically challenging" B strains of influenza.

Basilea completes marathon quest with FDA approval to treat 3 types of infections

Fifteen years after Basilea's antibiotic ceftobiprole sustained a rejection from the FDA, the company has finally won over the U.S. regulator and done so in triplicate. The FDA has approved Basilea’s Zevtera for three different kinds of infections.

Patient discharged with eGenesis’ genetically engineered pig kidney after successful xenotransplant procedure

In a world first, a man with end-stage renal disease is now enjoying "one of the cleanest bills of health" in a long time, following a xenotransplant procedure at Massachusetts General Hospital.

Teva, forging ahead with new strategy, inks biosimilar deal with Spain's mAbxience

Teva has unveiled a fresh in-licensing accord with Spain’s mAbxience to chip in on an investigational biosimilar spanning multiple oncology indications. Under the deal, Teva will oversee regulatory duties and marketing for the biosimilar, while mAbxience is on the hook to continue developing and manufacturing the drug at its production sites in Spain and Argentina.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': The top money raisers in biotech

This week on "The Top Line," we explore our annual special report on the top money raisers in the biotech industry. Which company raised the most funding in 2023? What does the biotech financing landscape look like for this year? Fierce Biotech's Annalee Armstrong and Max Bayer answer those questions and many more in today's episode.
 

Resources

Whitepaper

Oncology Market Outlook 2024

This paper assesses the current state of the oncology market, reviewing key expectations for 2024. It addresses CAR-T therapies, KRAS, radiopharmaceuticals, & targeted protein degradation.
Whitepaper

Guidance for Biotechs Choosing Next-Gen Contract GMP/CMC Labs

Choosing the right contract lab can help drug developers accelerate their timelines and generate cost-efficiencies. For insights into what to look for when selecting a GMP/CMC lab partner read this white paper which delves into a range of factors that can support your needs in both the short-term and in planning for the future.
 

Industry Events

Drug Development Boot Camp® VIRTUAL | Spring 2024

April ‌10-11, ‌2024

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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