Enlivex doubles down on mixed sepsis results

Today’s Big News

Apr 12, 2024

Genentech axes Adaptimmune cell therapy deal as it presses ahead with staff cuts


Novartis may have bought MorphoSys, but it really only had eyes for BET inhibitor pelabresib: filing


Enlivex defends sepsis data that sank stock, shifting focus from mortality to subgroup analysis


Portage Biotech previews possible closure as it hunts for strategic options


Chutes & Ladders—Top BIO lobbyist quickly exits after BIOSECURE reversal


Deep dive: Biopharma layoffs in Q1

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Featured

Genentech axes Adaptimmune cell therapy deal as it presses ahead with staff cuts

In the same week that Genentech confirmed it's cutting 3% of its staff, the Roche subsidiary has terminated a cell therapy partnership with Adaptimmune Therapeutics worth up to $3 billion.
 

Top Stories

Novartis may have bought MorphoSys, but it really only had eyes for BET inhibitor pelabresib: filing

Novartis may have emerged victorious from a bidding war for MorphoSys, but a peek into the deal negotiations reveals that the Swiss pharma would have been happier if it could have walked away with one specific asset.

Enlivex defends sepsis data that sank stock, shifting focus from mortality to subgroup analysis

Enlivex Therapeutics had a message Friday for investors who halved its share price: You’re misreading our data. The cell therapy developer blamed imbalances between cohorts for the mixed results—and contended the effect on a small subgroup of sepsis patients suggests the candidate has a future.

Portage Biotech hints at potential closure as it halts programs, hunts for strategic options

Portage Biotech is in a financial bind and is not precluding a possible closure if it can't find another option. The company is halting enrollment in a phase 1 study testing two adenosine receptor agonists as the strategic hunt proceeds.

Chutes & Ladders—Top BIO lobbyist quickly exits after BIOSECURE reversal

At one of the most consequential times for the biotech industry, the head lobbyist at the top trade organization is gone. Nick Shipley, BIO’s chief advocacy officer, left the organization last week, a spokesperson confirmed.  

Deep dive: Biopharma layoffs in Q1

Using data from Fierce Biotech's layoff tracker, Gabrielle Masson and Max Bayer analyze the trends of layoffs in the first quarter of 2024, comparing them to previous years.

Illumina gets go-ahead from European Commission to part ways with Grail

The DNA sequencing giant still has the freedom to choose between selling the cancer blood test developer to another party outright or supporting its journey to the public markets as an independent spinout.

EU regulator finds no link between GLP-1s and suicidal thoughts

The regulators began investigating meds in the GLP-1 drug class for a potential association in July after two reported cases of suicidal thoughts and one of self-harm.

Report: Spending on Leqembi could hit $3.5B next year, CMS says

The Centers for Medicare & Medicaid Services is expecting outlays on Alzheimer's drug Leqembi that far outpace the drugmaker's estimates next year.

FDA commissioner tells lawmakers his agency needs more authority to prevent drug shortages

FDA Commissioner Robert Califf, M.D., told lawmakers that the agency, as the "referee," needs to be given more authority in order to preemptively halt drug shortages. The Oversight Committee hearing touched on a range of other issues, too.

Fierce Pharma Asia—Geopolitical tensions in biotech; Carvykti, Enhertu win new labels; Fujifilm's $1.2B expansion

Geopolitical tensions are casting uncertainties over cross-border biotech deals. Johnson & Johnson and Legend Biotech's Carvykti, plus AstraZeneca and Daiichi Sankyo's Enhertu, secured new FDA approvals. Fujifilm is making a big investment in its facility in North Carolina. And more.
 
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Don’t miss an episode

Deep dive: Biopharma layoffs in Q1

Using data from Fierce Biotech's layoff tracker, Gabrielle Masson and Max Bayer analyze the trends of layoffs in the first quarter of 2024, comparing them to previous years.
 

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