Highest paid biopharma R&D execs

Today's Big News

May 30, 2023

Pfizer's hemophilia drug hits in phase 3, giving it a chance to leapfrog Novo Nordisk


Concentra finds latest acquisition attempt harder to swallow as Atea rejects 'undervalued' offer


Top 5 highest paid biopharma R&D executives in 2022


Can Rain ride the storm out? Cancer biotech lays off 65% of workforce after phase 3 fail


C4 joins Betta's tank to bring lung cancer therapy to greater China


SPAC to the drawing board: GreenLight returns to private market in $46M deal after taste of Wall Street


Exicure's combined CEO, CFO takes lead in search to bail out the biotech


SPAC takes Anew path, pivoting from energy storage to merge with Alzheimer’s gene therapy biotech

The Top Line Podcast: don’t miss out on the newest episode where we discuss ASCO data, rising health tech stars, and more. Listen now.

 

Featured

Pfizer's hemophilia drug hits in phase 3, giving it a chance to leapfrog Novo Nordisk

Pfizer is looming large in Novo Nordisk’s rearview mirror. Weeks after seeing its rival for the hemophilia market stumble, Pfizer has reported phase 3 data that suggest its candidate is competitive and position it to file for approval in the coming months.
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Jun
San Diego, CA
 

Top Stories

Concentra finds latest acquisition attempt harder to swallow as Atea rejects 'undervalued' offer

After swooping in to pluck Jounce out of the clutches of another potential buyer, Concentra could have been forgiven for thinking their next acquisition just weeks later would be another slam dunk. But their latest target, Atea, is proving less obliging.

Top 5 highest paid biopharma R&D executives in 2022

The departures of 2021's three highest paid R&D executives from Big Pharma threw a curveball at our annual list, prompting us to trim the feature down to five leaders.

Can Rain ride the storm out? Cancer biotech lays off 65% of workforce after phase 3 fail

When it rains, it pours, an old adage that Rain Oncology hasn’t been able to shelter from. After a phase 3 fail, the precision oncology biotech is saying farewell to its chief medical officer, halting programs and laying off 65% of its workforce.   

C4 joins Betta's tank to bring lung cancer therapy to greater China

C4 Therapeutics is handing over the rights to a lung cancer med in greater China for $10 million upfront and a shot to receive $357 million down the line.

SPAC to the drawing board: GreenLight returns to private market in $46M deal after taste of Wall Street

GreenLight Biosciences will seek its dream off Wall Street in a go-private deal less than two years after taking the SPAC route there. 

Exicure's combined CEO, CFO takes lead in search to bail out the biotech

Exicure’s significant layoffs and recent shelving of research activities haven’t yet attracted a transaction to save the remainder of the business. The biotech’s recently appointed joint CEO and CFO is now stepping up to find a solution.

SPAC takes Anew path, pivoting from energy storage to merge with Alzheimer's gene therapy biotech

Anew Medical has found a way to fund development of its neurodegenerative disease gene therapies. By merging with a blank check company, the biotech plans to land a Nasdaq listing and $54 million in cash, provided investors don’t pull their money before the deal closes.

Eli Lilly, XtalPi ink $250M deal for AI-powered drug discovery

XtalPi’s artificial intelligence- and robotics-powered technologies have helped its pharmaceutical partners pinpoint dozens of small-molecule compounds that could potentially be further developed into novel therapeutics—and Eli Lilly wants a piece of the AI drug development pie.

Lexicon finally scores FDA nod for heart failure drug Inpefa

It’s been a winding road, but Lexicon has reached its destination, gaining an FDA approval for Inpefa (sotagliflozin). The once-daily pill becomes the first SGLT1/SGLT2 inhibitor to reach the market. It has been sanctioned to reduce the risk of heart failure.

Big Pharma cancer drug makers back new trial diversity drive from American Lung Association

While lung cancer survival rates have been going up in recent years, there’s an uneven benefit, with Black Americans much less likely to be diagnosed at an early stage.

Persistent Sun Pharma ready to complete Taro buyout—16 years after initial offer

Sun Pharma of India is on the verge of completing an acquisition that began with a buyout offer in 2007, gaining full control of Taro Pharmaceutical Industries. Sun, which already owns 78.5% of Taro, has offered to buy the remaining shares for $38 each. The deal would come to $307 million.
 
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Resources

Whitepaper

Commercializing Gene Therapies, Part 4 – Market Entry

This paper outlines various market archetypes and key considerations leaders must address when prioritizing new potential markets for gene therapies.
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.
Whitepaper

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.
Research

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.

Whitepaper

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.
Research

Maximizing Clinical Trial Success

Strategies for Optimal Site Selection and Feasibility Research in Novel Therapies and Geographies
Whitepaper

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.
Whitepaper

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.

Whitepaper

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.
Whitepaper

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.
Whitepaper

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.
Whitepaper

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.
Whitepaper

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.
Whitepaper

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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