Takeda inks sweet Kumquat deal

Today’s Big News

Apr 16, 2024

J&J reports strong sales numbers for Tecvayli, bolstering company's multiple myeloma 'stronghold'


J&J CEO says M&A strategy ‘will continue’ after medtech megadeals


Takeda inks sweet $1.2B+ deal with Kumquat for immuno-oncology program


Boehringer Ingelheim leans on late-stage pipeline, plots 25 new launches over the next decade


The key to #FierceMadness victory for AZ and Ionis' Wainua? Unique sounds and 'phonetic appeal,' per the Brand Institute


Biotech naming trends bypass 'buzzwords and business speak' to build whimsical, memorable brands


PacBio plots budget cuts after DNA sequencing revenue shortfalls

 

Featured

J&J reports strong sales numbers for Tecvayli, bolstering company's multiple myeloma 'stronghold'

For the first time, Johnson & Johnson is reporting sales of its multiple myeloma drug Tecvayli, which is off to a strong launch and contributing to the company's overall strength in treating the disease.
 

Top Stories

J&J CEO says M&A strategy ‘will continue’ after medtech megadeals

After setting up more than $30 billion in medtech M&A spending within less than two years, Johnson & Johnson CEO Joaquin Duato said that trajectory will continue as the company looks to latch on to long-term growth.

Takeda inks sweet $1.2B+ deal with Kumquat for immuno-oncology program

Takeda is offering Kumquat Biosciences the chance to make more than $1.2 billion biobucks in a new exclusive pact that centers around an unnamed immuno-oncology small molecule inhibitor.

Boehringer Ingelheim leans on late-stage pipeline, plots 25 new launches over the next decade

The company's late-stage pipeline focuses on oncology, cardiorespiratory diseases, mental health and cardiovascular-renal-metabolic conditions. Boehringer looks to kick off ten new phase 2 and 3 trials in the next 12-18 months, it said in its earnings release.

The key to #FierceMadness victory for AZ and Ionis' Wainua? Unique sounds and 'phonetic appeal,' per the Brand Institute

The drug’s name—pronounced way-NOO-ah—came about as part of a “lengthy, thoughtful process” between the two companies, according to Rachel Payne, global commercial VP of the ATTR team within AstraZeneca’s cardiovascular, renal and metabolism business.

Biotech naming trends bypass 'buzzwords and business speak' to build whimsical, memorable brands

In a world overrun by innovative biotechs, be a Mammoth Biosciences. Or a Nutcracker Therapeutics. Or Viking Therapeutics or Centessa Pharmaceuticals.

PacBio plots budget cuts after DNA sequencing revenue shortfalls

The preliminary first-quarter earnings report is a dour departure from the high notes heard earlier this year after PacBio posted 56% annual growth following two new platform launches.

Biogen CEO Viehbacher sees 2023 pay fall to $4M after massive welcome package

After getting a fat check worth $30.5 million for joining Biogen as the CEO in late 2022, Chris Viehbacher saw his 2023 pay drop to just $4.1 million as the Big Biotech continues struggling.

On the heels of pulmonary arterial hypertension drug nod, Merck launches 'Outnumber PAH' campaign

Mere weeks after earning the FDA’s signoff on new drug Winrevair to treat pulmonary arterial hypertension (PAH), Merck has kicked off an educational campaign around the rare disease.

Cullinan rebrands, halts lymphoma trial to reflect autoimmune refocus

It’s not unusual to see a CD19-focused cancer company dip its toe into the autoimmune space these days, but Cullinan Oncology is going one stage further with a name change to reflect this new approach.

Fierce Biotech Layoff Tracker 2024: Vedanta cuts CMC staffers; Major pharmas turn to layoffs

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. 
 
Fierce podcasts

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.
 

Resources

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Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
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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.
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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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