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May 06, 2019

Today's Rundown

Featured Story

Lundbeck strikes $250M Abide buyout, bagging Tourette's drug 

Lundbeck is set to pay $250 million (€223 million) upfront to buy Abide Therapeutics. The deal will give Lundbeck a phase 2a Tourette's syndrome program, a CNS drug discovery platform and a West Coast research hub.

Top Stories

Cytokinetics' Astellas-partnered ALS drug misses goal in phase 2

Cytokinetics’ reldesemtiv has missed the primary endpoint in a phase 2 amyotrophic lateral sclerosis trial. The Astellas-partnered drug failed to beat placebo on a lung function test, but Cytokinetics thinks a post hoc analysis shows a path forward for the program.

Takeda taps Skyhawk's RNA-targeting tech for neurodegenerative disease

RNA biotech Skyhawk Therapeutics is inking another R&D deal—this time, it’s with Takeda, which wants to use the biotech’s platform to develop small molecules that correct RNA mis-splicing in neurodegenerative disease.

FogPharma beefs up R&D team with new CSO, discovery head

Drug discovery biotech FogPharma has hired Howard Stern, M.D., Ph.D., who led translational work at Juno Therapeutics, as its new chief scientific officer, and Peter Fekkes, Ph.D., as vice president of discovery bioscience.

Riding high after its IPO, Moderna chief nabs $59M, biopharma's biggest 2018 paycheck

It’s not often that biotech sees a record-breaking IPO, but longtime unicorn and fundraising champ Moderna managed just that last year. And the newly public company’s CEO, Stéphane Bancel, topped the charts himself with a $58.6 million compensation package.

Resources

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[Paid Marketplace] Accelerating DoD’s Fielding of Prototypes for Medical Countermeasures

MCS is currently seeking broad-based industry/academia collaboration on research and prototype work in technical areas related to developing medical countermeasures for the Joint Warfighter.

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Learn how the cloud can support the performance and security requirements for validated, mission-critical applications historically designed and implemented exclusively via on-premises deployment.

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[Whitepaper] Personalized Test for Treatment Prediction in Depression

Total Brain Announces Personalized Test for Treatment Prediction in Depression with 80% Accuracy.

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Prescription price transparency technology is here – but is it making a difference? Find out HERE.

[Whitepaper] Redefining Your Value to Win Empowered Patients: Six Steps to Success

Every life sciences firm talks about patient-centricity, but are you doing what it takes to deliver?

[eBook] 2018 Weekly Compendium

The Biopharma industry is moving at lightning speed and it can be a challenge to keep pace. Here at Biotech Primer we spend hours each week researching, writing, and editing original content for the Biotech Primer WEEKLY with one goal in mind: to help everyone better understand the latest science and technology driving today’s healthcare industry.

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