Vertex acquires Alpine for $4.9B in 2024’s biggest bio M&A yet

Today’s Big News

Apr 11, 2024

For Chinese biotechs, the out-licensing business is scorching hot. Could geopolitics rain on their parade? 


Novartis pays $150M for Arvinas' phase 3-ready prostate cancer protein degrader 


Vertex pays $4.9 billion to hike Alpine’s immunology trail 


Fierce Biotech Layoff Tracker 2024: Genentech, Novartis and Sanofi lay off staff


Double autoimmune acquisitions as Century, Eliem each pick up peers


Nearly a week after pulling Relyvrio, Amylyx to engage regulators about the drug's path in another rare disease 


J&J offers Rallybio $7M in info swap for trials of maternal-fetal disease


AACR: Verastem, Quanta and Frontier demonstrate KRAS inhibitors' potential in preclinical data

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Featured

For Chinese biotechs, the out-licensing business is scorching hot. Could geopolitics rain on their parade?

Chinese biotechs have never had so much success inking cross-region out-licensing deals. But could an increase in national security dampen the scorching-hot space?
 

Top Stories

Novartis pays $150M for Arvinas' phase 3-ready prostate cancer protein degrader

Novartis is adding another weapon to its arsenal of oncology therapies, paying Arvinas $150 million upfront for rights to a phase 3-ready protein degrader that could treat a wide range of prostate cancer patients.

Vertex pays $4.9 billion to hike Alpine’s immunology trail

Vertex is buying Alpine Immune Sciences for $4.9 billion, the companies announced Wednesday. At the center of the deal is Alpine's midstage IgA nephropathy treatment.

Fierce Biotech Layoff Tracker 2024: Genentech, Novartis and Sanofi lay off staff

We really didn't want to have to create another Layoff Tracker this year. But here we are, launching the third annual iteration tracking biopharma layoffs. 

Double autoimmune acquisitions as Century, Eliem each pick up peers

It’s been a busy morning for business development in the autoimmune space, with Century Therapeutics snapping up Clade Therapeutics and Eliem Therapeutics striking a deal for Tenet Medicines.

Nearly a week after pulling Relyvrio, Amylyx to engage regulators about the drug's path in another rare disease

On the heels of Relyvrio’s market withdrawal in amyotrophic lateral sclerosis, Amylyx Pharmaceuticals has shared early data from a phase 2 trial in a separate rare disease that the biotech is touting as “clinically meaningful.”

J&J offers Rallybio $7M in info swap for trials of maternal-fetal disease

A few weeks ago, Johnson & Johnson nabbed FDA fast-track status for an investigational therapy in a rare blood disorder called fetal and neonatal alloimmune thrombocytopenia. Now, the Big Pharma is joining hands with Rallybio, paying the biotech to promote the companies’ complementary programs designed to reduce the risk of the condition.

AACR: Verastem, Quanta and Frontier demonstrate KRAS inhibitors' potential in preclinical data

Verastem Oncology, Quanta Therapeutics, Frontier Medicines and more shared preclinical updates at the American Association for Cancer Research’s annual meeting in San Diego in early April, adding to the ever-growing list of companies vying to bring forth therapies against the once-”undruggable” target.

MoonLake and Komodo sign 3-year deal for health analytics tech

MoonLake Immunotherapeutics has signed a three-year deal with health analytics software maker Komodo Health for tech to help with clinical trial selection and a range of other data needs.

Precision medicine approach combining AI, DNA and drug testing shows gains against relapsed childhood cancers

The process, being developed by First Ascent Biomedical, showed promise in a small study published this week in Nature Medicine.

Number of ongoing US drug shortages reaches new high, pharmacist group says

The American Society of Health-System Pharmacists has released new data showing there were 323 drugs in shortage in the U.S. as of 2024’s first quarter—the highest number recorded since ASHP began tracking shortage data back in 2001.
 
Fierce podcasts

Don’t miss an episode

The unrecognized threat of PAD

This week on “The Top Line,” join Editor-in-Chief of Fierce Life Sciences and Healthcare Ayla Ellison as she sits down with Kumar Madassery, M.D., Director of Peripheral Vascular Intervention & CLI Program at Rush University Medical Center, to explore peripheral arterial disease—a serious health issue that is often overlooked and undermanaged.
 

Resources

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Discover the future of mAb manufacturing

Unlock the future of mAb manufacturing with our complete guide to integrating the revolutionary Gibco™ Efficient-Pro™ Medium and Feeds System, enhancing productivity and quality for exceptional outcomes 
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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