Boehringer throws $100M at hearing loss med
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Today's Rundown

Featured Story

GSK inks $1.9B Sierra takeover as $3M bet on Gilead castoff turns into blockbuster buyout

GlaxoSmithKline has struck a deal to buy Sierra Oncology for $1.9 billion for a near-approval cancer drug, completing a remarkable turnaround for the biotech and the Gilead castoff it bet its future on.

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Top Stories

Bristol Myers Squibb Foundation unites with Gilead to boost diversity among clinical trial investigators

The Bristol Myers Squibb Foundation is expanding its two initiatives aimed at bolstering diversity among clinical trial investigators, adding Gilead as a sponsor.

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Boehringer OKs $100M biobucks deal for hearing loss R&D project

Boehringer Ingelheim has come sweeping down into Oklahoma to land rights to a treatment for the most common type of permanent hearing loss, joining up with Autigen in a $100 million biobuck deal to work on a drug that restores sensory hair cells.

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Swiss biotech CDR Life uses $76M series A funding round to ready T-cell engagers for clinic

Swiss biotech CDR Life has nabbed $76 million in series A bucks to flesh out its multispecific T-cell engagers, a fundraising haul led by Sanofi-backed, Paris investment firm Jeito Capital, which now turns its attention toward bolstering autoimmune programs.

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ProQR slashes 30% of workforce following phase 2/3 blunder

Ophthalmology-focused ProQR is axing 30% of its workforce, including its chief scientific officer, and re-strategizing, more than two months after its most developed asset, sepofarsen, failed to improve vision in kids with congenital eye disease in a phase 2/3 trial. 

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Cardiff Oncology's chief medical officer exits after less than a year

Cardiff Oncology’s chief medical officer, Katherine Ruffner, M.D., will be departing the cancer-focused biotech after just 10 months. Ruffner is leaving the clinical-stage biotech—which received funding from Pfizer last year to develop its PLK1 inhibitor onvansertib—on April 22 “to pursue a new opportunity."

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Cimeio exits stealth with $50M, but its cell therapy technology aims to stay incognito

Novel cell therapy company Cimeio Therapeutics is exiting stealth mode—though its science isn’t. The Versant Ventures-backed company has publicly entered the industry with a $50 million series A financing round.

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With recent notices of 'deficiencies,' the FDA may be 'raising the regulatory bar': analyst

Is the FDA tightening its screws on drug application approvals? Analysts at Evercore ISI note that of the 14 cases they’ve found where companies have reported receiving a "deficiency" notice, more than half have come within the last year.

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FDA says stroke-spotting AI hasn’t replaced doctors yet, urges providers to stay in the loop

According to the agency, some healthcare providers may not be using these AI aids as intended when evaluating potential large-vessel occlusions.

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Bipartisan bill aims to create incentives for mental health providers to adopt electronic records, health IT systems

New bipartisan legislation aims to dole out $250 million to behavioral health providers to adopt electronic health records and other health IT systems.

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J&J, Roche partner Halozyme buys Antares Pharma for $1B, beefing up drug delivery offerings

Halozyme is best known for its under-the-skin drug delivery platform, with partnerships with the likes of Johnson & Johnson, GlaxoSmithKline and Roche. The company is now buying into the auto-injector realm and setting out to cultivate an internal commercial team.

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Akili’s video game treatment for depression improves cognitive symptoms: study

With the commercial rollout of its first prescription digital therapeutic for ADHD well underway, Akili Interactive is now turning its attention to other conditions that its particular brand of video game-based treatments could potentially address.

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Resources

eBook: 5 Rules to Enhance Wound Care & Dermatology Clinical Trials

Net Health, experts in wound care and dermatology clinical trials, have a new eBook: 5 Rules to Enhance Clinical Trials in 2022, find out how to recruit the right participants, connect patients and researchers with technology, manage costs and more.

Infographic: United Cargo: Providing Comprehensive Solutions For the Most Critical Shipments

The United Cargo team has made a commitment to pharmaceutical and medical partners that we are equipped to support their vaccine transportation needs safely and effectively across our expansive global and domestic network. The safety and security of these commodities is our priority, and we are proud to be a trusted partner in these efforts. Download infographic now.

Research: Get Access to AdisInsight A Year In Review

The journey of drug development in 2021 delivered to your inbox: top 10 AdisInsight drug profiles viewed, new drug profiles released, overview of drug launches, key deals, research trends in 2021 and much more (free of charge).

Whitepaper: Oncology Market Outlook: Key Trends to Watch

What’s in store for the oncology market in 2022 and beyond? This paper looks at 5 trends driving the market.

Whitepaper: Uncovering the hidden value of quality in chemical supply

Learn how to position quality as a central component within your raw material sourcing strategies for the chemicals used throughout your workflows. Download the free whitepaper from Thermo Fisher Scientific.

Whitepaper: Autologous CAR T-Cell Manufacturing: Semiautomatic, Closed, Modular Workflow

Learn how to navigate the top manufacturing challenges and achieve a seamless transition from discovery to clinical manufacturing across the CAR T-cell therapy workflow.

eBook: EMEA Regulatory Roadblocks around Decentralized Trials

Learn about ways to break down regulatory roadblocks and get closer to 100% clarity on regulatory positions to advance decentralized clinical trials in research.

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