AstraZeneca docks $25M bispecific
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Today's Rundown

Featured Story

Pfizer nabs RSV therapeutic biotech ReViral in quick $525M bolt-on

Pfizer has had plenty of success in respiratory syncytial virus lately, with multiple FDA designations and clinical advancements for its vaccine candidate. But that’s not enough for the pharma giant. Today, the New York-based behemoth is acquiring ReViral and its collection of therapeutics for the pesky respiratory virus for $525 million.

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Top Stories

Jazz, Werewolf to howl at the moon together in $1.26B backloaded biobucks pact

Jazz Pharmaceuticals and Werewolf Therapeutics will work together in a new $15 million upfront, backloaded biobucks deal that covers a preclinical oncology candidate that goes after difficult and unresponsive tumors.

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AstraZeneca bets $25M on preclinical bispecific against hot target, docking in Chinese Harbour to land global rights

AstraZeneca has joined the swarm of biotechs targeting Claudin18.2 (CLDN18.2). In return for $25 million upfront and more on the back end, the Big Pharma has landed worldwide rights to Harbour BioMed’s bispecific, positioning it to fight for a market targeted by Amgen, Astellas, BioNTech and more.

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Sponsored: Precision Recruitment at Scale: Rapid ID of High-Risk Participants

Evidation and BARDA researchers were able to directly recruit subjects for a COVID-19 study via mobile app, & create an AI risk model, while recruiting a representative cohort.

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Moderna partners with nonprofit to use mRNA to address global health challenges

Moderna is turning its mRNA tech to even more global health challenges through a partnership with nonprofit research organization IAVI. The collaboration will focus on developing vaccines and antibodies for HIV/AIDS, tuberculosis, antimicrobial-resistant enteric infections and of course COVID-19.

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ArkBio's ex-Roche antiviral hits primary goal in RSV phase 3, sparking race to regulator and wait for more data

Ark Biopharmaceutical’s bet on one of the less congested parts of the respiratory syncytial virus (RSV) space has delivered phase 3 results. Having picked up an antiviral prospect from Roche, ArkBio has now reported a late-phase study in infants hospitalized with RSV has met its primary endpoint.

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Gilead unveils pediatric drug development center in Ireland with 33 new jobs

Gilead has unveiled a new global pediatric drug development center in Ireland, which will have 33 job openings by the end of 2022.

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Takeda spinout HilleVax goes public, a test of the choppy waters for biotechs on Wall Street

Takeda spinout HilleVax filed for a $100 million IPO Wednesday, a test of the choppy public waters after a bear market tortured biotechs for much of 2021. The company believes its norovirus vaccine candidate could be a winner as it prepares to launch a phase 2 trial in infants.

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IQVIA doesn't yet have the golden egg of AI, but it's in 'incubation'

Healthcare data behemoth IQVIA has been building up machine learning, but it's not yet a "golden egg," says Gary Shorter, the company's head of AI and data science. Instead, it's in "incubation," with efforts to expand ongoing as the software is refined.

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With €7B pledge, Boehringer Ingelheim is going heavy on investment—including in manufacturing

Boehringer Ingelheim has earmarked more than 7 billion euros ($7.6 billion) for capital investments through 2025, the company revealed in its annual report on Tuesday. The splurge comes after BI cut the ribbon on a 700 million euro ($757 million) plant in Vienna in October.

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Digital health funding boom slows in Q1. Was 2021 the high watermark for investment?

The more restrained digital health funding numbers in the first quarter may reflect investor caution, according to the report, with the rise-and-fall of COVID variants, energy shocks, market volatility, the dismal performance of public digital health companies and inflation numbers signaling choppy waters for digital health investors.

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Aidoc locks down FDA OK for brain aneurysm-spotting AI, its 9th agency nod

Within four years, the Israeli startup has racked up nine nods from the FDA, the latest for an AI tool designed to automatically identify potential cases of brain aneurysm in head CT scans.

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Charles River Laboratories spends $295M on Explora Biolabs to boost preclinical models biz

Charles River Laboratories has acquired contract vivarium services firm Explora BioLabs in a $295 million deal designed to expand its preclinical research business.

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WCG launches alliance program to help CROs address site capacity constraints

Trial technology and review services firm WCG says its strategic partnering scheme will help CROs avoid delays relating to limited trial site capacity.

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Resources

Infographic: United Cargo: Providing comprehensive solutions for the most critical shipments

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Whitepaper: Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

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Whitepaper: Formulation Strategies When Transitioning From Vial to PFS

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