Vertex ends AAV research; Unity lays off all workers

Today’s Big News

May 5, 2025

J&J gene therapy fails to improve visual navigation in late-stage rare eye disease trial


Deerfield unveils $600M for emerging healthcare therapeutics and tech


Vertex discontinues AAV research for gene therapies


Fierce Biotech Layoff Tracker 2025: Unity lays off entire workforce; Mammoth lets go of 24 staffers


Trump plans $18B NIH budget cut, wants 27 centers consolidated into 5


Several months after Exscientia merger, AI biotech outfit Recursion reworks pipeline


Immutep takes immunotherapy a step further with 'impressive' survival data from Keytruda combo


'No one else should do what Tim did': Antibodies from man who self-injected snake toxins produce potent new antivenom

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Featured

J&J gene therapy fails to improve visual navigation in late-stage rare eye disease trial

Johnson & Johnson bought the full rights to a rare disease gene therapy a few years ago, but now the Big Pharma may be feeling buyer’s remorse. The treatment failed to improve the vision-guided mobility of patients with the eye disease X-linked retinitis pigmentosa (XLRP) in a phase 3 trial, the company announced in a May 2 release.
 

Top Stories

Deerfield unveils $600M for emerging healthcare therapeutics and tech

Deerfield Management has unveiled the third installment of its healthcare innovations fund, earmarking more than $600 million for promising therapeutics and technologies.

Vertex discontinues AAV research for gene therapies

Vertex Pharmaceuticals is no longer developing adeno-associated viruses as gene therapy vectors, a company spokesperson confirmed with Fierce Biotech.

Pushing for innovation amid a ‘silent surge’ of rising MASH rates

How a commonly “silent disease” is driving urgency and novelty in the liver disease treatment paradigm and what can we hope for.

Fierce Biotech Layoff Tracker 2025: Unity lays off entire workforce; Mammoth lets go of 24 staffers

As always, if you know of layoffs occurring at a biotech, please reach out to the Fierce Biotech editorial team.

Trump plans $18B NIH budget cut, wants 27 centers consolidated into 5

The leaked drafts have proven true. President Donald Trump’s proposed federal budget for 2026 would nearly halve funds for the National Institutes of Health, dropping the agency’s financing from about $48 billion to $27 billion.

Several months after Exscientia merger, AI biotech outfit Recursion reworks pipeline

Recursion is “deprioritizing” three clinical-stage programs, pausing another and winding down a single preclinical program in an undisclosed target, the company revealed in its first-quarter financial results Monday. The biotech said it will specifically look to either discontinue the programs or pass them on via partnerships.

Immutep takes immunotherapy a step further with 'impressive' survival data from Keytruda combo

Immutep believes its LAG-3 candidate eftilagimod alpha may have a path to approval in first-line head and neck cancer after reporting what one analyst called “impressive” overall survival data.

'No one else should do what Tim did': Antibodies from man who injected himself with snake toxins produce a potent new antivenom

Eighteen years ago, Tim Friede began willingly injecting himself with escalating doses of venom from 16 snake species. Now, antibodies in his blood have led to the development of a three-part antivenom cocktail capable of protecting mice from the toxins of 19 dangerous snakes.

President Trump outlines health agency cuts in annual FY26 budget proposal

President Trump sent his annual budget request to congressional appropriators on Friday morning. The document is a wish list for the discretionary spending cuts the executive branch wishes to see Congress make in annual appropriations.

BioNTech, gearing up for cancer drug approval filing, works to diversify supply base

BioNTech is making plans to debut on the commercial oncology scene. Part of that effort involves mapping out a larger manufacturing footprint.
 
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Angus on Angus: A Fierce oncology discussion

Two journalists, one name and a candid conversation—Angus Liu and Angus Chen talk cancer reporting, racial identity and being mistaken for each other.
 

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Typical vaccine development timelines have averaged 10 years, but the time from the SARS-CoV-2 genetic sequence’s release to the submission of the first vaccine clinical trial data for regulatory review was a mere 314 days. In IQVIA Laboratories’ Vaccine eBook we focus on how contract research organizations (CROs) can best leverage strategic partnerships with sponsors to prepare for the next pandemic.
 

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