BenevolentAI makes cuts to stay afloat

Today's Big News

May 25, 2023

Mirati's long wait for next lung cancer med ends in phase 3 failure


Annexon's eye disease med improved vision in a phase 2 trial but flunked the primary goal. The CEO was thrilled


BenevolentAI makes deep cuts after midphase flop, laying off 180 and shrinking lab footprint


PD-1 inhibitor R&D tapering off as newer oncology molecules capture attention: IQVIA


Fierce Biotech Fundraising Tracker '23: VarmX tacks on series B2 funds; ElevateBio steals ReNAgade's fundraise crown with $401M haul

 

Featured

Mirati's long wait for next lung cancer med ends in phase 3 failure

After a five and a half month wait, Mirati Therapeutics finally has the answer it’s been waiting for on a lung cancer med called sitravatinib. The therapy didn't work.
12-14
Jun
San Diego, CA
 

Top Stories

Annexon's eye disease med improved vision in a phase 2 trial but flunked the primary goal. The CEO was thrilled

Annexon's geographic atrophy treatment failed to improve lesion growth in a phase 2 trial but did improve vision, which the CEO thinks will support a late-stage study.

BenevolentAI makes deep cuts after midphase flop, laying off 180 and shrinking lab footprint

BenevolentAI is cutting back its drug development operation in the wake of a midphase flop, laying off up to 180 staff, reducing its lab footprint, pausing some programs and dropping its lead candidate.

PD-1 inhibitor R&D tapering off as newer oncology molecules capture attention: IQVIA

Move over PD-1, your time has passed. At least, that’s the sense from IQVIA’s latest report, which suggests development of immuno-oncologics such as PD-1/PD-L1 checkpoint inhibitors has started to “taper off."

Fierce Biotech Fundraising Tracker '23: VarmX tacks on series B2 funds; ElevateBio steals ReNAgade's fundraise crown with $401M haul

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

THREAD signs on with Allucent to launch DCTs for smaller biotechs

Decentralized clinical trial tech company THREAD signed on with Allucent to launch a new services platform directed at small and emerging biotech companies navigating their way through remote trials.

Veeva in deal with UCB to leverage digital tools to help patient trial experiences

Veeva Systems, which provides cloud-based healthcare software, inked a deal with the biopharma UCB aimed at improving the patient experience in digital clinical trials.

Medtronic acquires insulin patch pump maker EOFlow for $738M amid new MiniMed rollout

Though the smallest of Medtronic’s four core businesses, the diabetes department has taken center stage as of late.

Biopharma staffers exhausted and susceptible to burnout, report says

Many employees at pharma companies find their work exhausting and are susceptible to burnout, according to a new report from workplace culture expert O.C. Tanner Institute. Among nearly 300 surveyed employees, 48% reported finding their work exhausting, with 30% feeling emotionally frustrated.

Epic is going all in on generative AI in healthcare. Here's why a handful of health systems are eager to test-drive it

Large language models like ChatGPT and Microsot's Azure OpenAI service have only been available to the public for a few months, but tech leaders at a handful of health systems are eager to test-drive the tech.

After years of litigation, Gilead and Teva's HIV antitrust trial kicks off in California

The companies must defend themselves against claims that they colluded to prevent generics to Gilead's HIV meds from entering the market.
 
Fierce podcasts

Don't miss an episode

'The Top Line': 2023's biopharma layoffs, plus the headlines

This week on "The Top Line," we''ll discuss the recent biopharma layoff trends, plus Elizabeth Holmes, Sarepta Therapeutics, Abbott's FDA approval, and the rest of the week's headlines.

 

Resources

Whitepaper

ChatGPT in Drug Discovery: Rise of Large Language Models

ChatGPT shows promise in drug discovery for information extraction, scientific text authoring, hypothesis prediction, and chemical entity prediction. This whitepaper explores its potential to streamline research, delving into its technology, applications, and limitations.
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Discovering High-Affinity, Functional Anti-GLP-1R Antibodies

Learn how a GPCR-focused library with a cell-based biopanning strategy led to the discovery of 13 high-affinity and selective anti-GLP-1R antibodies with highly developable therapeutic properties.
eBook

Decentralized Clinical Trials: The Complete Guide for 2023

Discover a game-changing approach to clinical research with Hybrid and Decentralized Clinical Trials (DCTs). Learn about the benefits, challenges, and key elements for success.
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How Lilly’s Legal and Library Services Empower Teams Across the Drug Development Pipeline

What role do the Library and Legal teams play in the drug development pipeline at Lilly? An import one – find out how.

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Medical Affairs Metamorphosis VI: The Changing Face of Stakeholder Engagement

This paper focuses on stakeholder engagement and how Medical Affairs teams’ responsibilities, goals, tools, and techniques are changing.
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Maximizing Clinical Trial Success

Strategies for Optimal Site Selection and Feasibility Research in Novel Therapies and Geographies
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Running Decentralized Trials at Scale

Explore how clinical supply can be scaled up as decentralized programs progress, and how technological solutions can accelerate trial deployment.
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Key Clinical Supply Issues Sponsors Should Consider with their CRO

As sponsors increasingly look to CROs to support their clinical studies, making and addressing certain clinical supply considerations at the outset of the relationship can reduce the risk of potentially unforeseen impact to budget and time later. Discover key issues sponsors should consider to help their CRO or partner of choice better understand their clinical supply needs.

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Specialized Expertise for Management of Clinical Supply Budgets

For sponsors, cost is a key concern when it comes to managing the supply of their clinical trials. A financial project analyst (FPA) is a specialized expert who can help control clinical supply costs and keep the project within budget. Explore the critical role that a Financial Project Analyst plays in clinical trial supply and budget management.
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Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
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Designing an Optimal APAC Clinical Supply Chain

Discover key considerations that every trial sponsor should know when navigating the complex clinical supply distribution landscape across Asia-Pacific.
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Roles and Responsibilities of Specialized Clinical Supply Experts

How can specialized expertise help you optimize your clinical supply chain? Learn about the roles and responsibilities of unique experts such as clinical supply management, project management, and financial project analysis.
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Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
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Questions You Need to Ask Your CRO About Clinical Supply

Planning on using a CRO to support your next clinical study? This infographic outlines critical areas to address at the start of the relationship in order to ensure that budget and timelines keep on track for the duration of the trial.
 

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