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May 11, 2017

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Today's Rundown

  1. Pfizer doubles down on gene therapy pipeline with $70M Sangamo buy-in

  2. Astellas scraps NSCLC program after look at phase 3 data

  3. Daiichi cuts 6 meds in last quarter, including Pieris candidate

  4. [Sponsored] A Holistic View of the Biosimilars Landscape: Key Factors for Clinical and Commercial Success

  5. FDA warning letter to IONIS-TTRrx trial site hits Ionis stock

  6. Activist investor Starboard targets Parexel amid talk of multibillion-dollar sale

  7. Harvard prof launches research institute focused on ‘extracellular’ proteins

  8. Intrinsic rounds up $49M for implant to improve spinal surgery

  9. Glaxo scores again as FDA strikes down would-be Advair copycats Hikma, Vectura

Featured Story

Pfizer doubles down on gene therapy pipeline with $70M Sangamo buy-in

After deals and acquisitions with Spark Therapeutics and Bamboo, Pfizer is once again looking to bolster its rare and gene therapy pipeline as it outlines a new drug pact with Sangamo.

Astellas scraps NSCLC program after look at phase 3 data

Astellas has halted a phase 3 trial of ASP8273 in non-small cell lung cancer (NSCLC) and scrapped plans to start other development programs targeting the indication. The decision follows a review of data generated to date by an independent data monitoring committee.

Daiichi cuts 6 medications in last quarter, including Pieris candidate

Japan’s Daiichi Sankyo has been wielding the ax over the past quarter to half a dozen pipeline medications across cancer, diabetes and CV disease.

[Sponsored] A Holistic View of the Biosimilars Landscape: Key Factors for Clinical and Commercial Success

Biosimilars development in the U.S. is still rapidly growing and shifting. We discuss the key issues sponsors face today – from nonclinical testing to commercialization – along with considerations for a strategic regulatory approach.

FDA warning letter to IONIS-TTRrx trial site hits Ionis stock

The FDA has sent a warning letter to a trial site studying Ionis Pharmaceuticals’ IONIS-TTRrx. The letter relates to an investigator-sponsored trial, not Ionis’ phase 3 study, but the regulator’s criticism of the site’s compliance with platelet monitoring requirements has raised broader worries about the real-world viability of the antisense drug.

Activist investor Starboard targets Parexel amid talk of multibillion-dollar sale

Activist investor Starboard Value is demonstrating its confidence in Parexel by disclosing a 5.7% stake buy in the company, immediately after news of the CRO’s potential $4 billion sale went out on the street.

Harvard professor launches research institute focused on ‘extracellular’ proteins

Harvard professor Timothy Springer has always been interested in developing antibodies targeting proteins that are “extracellular”—meaning they reside in bodily fluids, outside of cell walls. But he found that funding was lacking. So he created the Institute for Protein Innovation, which launched in Boston today. He spoke to FierceBiotechResearch about the new institute.

Intrinsic rounds up $49M for implant to improve spinal surgery

Intrinsic Therapeutics raised $28 million in equity and $21 million in debt for its implant that addresses challenges in spinal surgery to remove a herniated disc.

Glaxo scores again as FDA strikes down would-be Advair copycats Hikma, Vectura

GlaxoSmithKline has dodged yet another bullet on the generic Advair front. Partners Hikma and Vectura revealed Thursday that the FDA had struck down their knockoff version of the respiratory blockbuster. And given “the nature of the feedback” from FDA officials, the companies now see approval this year as a long shot.

News of Note

Bayer and CRISPR Therapeutics' JV biotech, Casebia, has added a host of new execs, including Ellen Ridge as SVP of operations; Abraham Scaria as VP of ophthalmology; and from July, Andrew Scharenberg as its new CSO and VP of hematology. Release

Rhythm has seen the FDA expand on its previously granted Breakthrough tag for setmelanotide, the company's novel melanocortin-4 receptor agonist. Statement

Merus Labs International and Norgine have signed a deal that will see Norgine buy up all of the issued and outstanding common shares of Merus for $1.65 a share in cash, including its debts, for a total of $342 million. Release

Resources

[Whitepaper] Monitoring Risk for ICH GCP Compliance

The ICH GCP E6 guideline has been revised to address the complexities associated with today’s clinical trials, and this concise white paper will help you understand the recent guideline changes. Learn how use of risk-based monitoring can help you comply with the guidelines and achieve efficiency in clinical trial design, implementation and reporting.

[Whitepaper] Run the Trial You Want with Modern EDC

To thrive in a fiercely competitive market, life sciences companies need to set themselves apart by designing and executing the best trial and successfully deliver drugs to market first. Learn how a modern EDC can help.

[Whitepaper] Solving the Knowledge Management Puzzle in Biopharma

Puzzled by Scientific Literature Access? Here is your guide for navigating knowledge management’s twists and turns! If yours is a small- or medium-sized biopharma business, we can help you putting the pieces together. Learn the secrets of top knowledge management experts who will show you how to search, discover, acquire and manage knowledge in new ways.

[Whitepaper] Immuno-Oncology and the Role of Biomarkers, Companion and Complementary Diagnostics

The recent evolution of immunotherapies and their potential applications have greatly impacted patients’ options for effective oncology treatments. These advances have been powered in part by the use of biomarkers, companion diagnostics (CDx) and complementary diagnostics. Read the white paper.

[Whitepaper] The Paperless Future of Healthcare and Life Sciences

DocuSign’s eSignature solutions modernize healthcare and life science organizations by eliminating paper and antiquated signature processes while meeting compliance requirements and reducing costs and errors.

[Whitepaper] DocuSign Life Sciences eBook: Reducing Cycle Time with Digital Transaction Management

The patients who rely on your scientific leadership are expecting more.

[Whitepaper] Streamline Regulatory Compliance in Life Sciences with Digital Transaction Management

The U.S. Department of Justice has collected upwards of $17 billion in settlements from the healthcare industry since 2009, including more than $2 billion from a single life sciences company.

Events

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