Biopharma funding at ‘new normal’: PitchBook

Today’s Big News

Jun 6, 2024

FDA lays out donanemab concerns ahead of meeting, as Lilly vigorously defends safety


GSK, after 11-month romance, buys oligonucleotide partner Elsie for up to $50M


Biopharma funding levels at 'new normal' until federal interest rates change: PitchBook


Charles River and Sanofi collab to replace animals with virtual controls in preclinical research

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Featured

FDA lays out donanemab concerns ahead of meeting, as Lilly vigorously defends safety

The docs for Eli Lilly’s donanemab advisory committee meeting are in: the FDA has raised concerns about the use of tau PET imaging during the clinical trials, the cessation of dosing after amyloid clearance and whether the small risk of brain bleeds in patients taking antithrombotics outweighs the benefits.
 

Top Stories

GSK, after 11-month romance, buys oligonucleotide partner Elsie for up to $50M

After taking 11 months to get to know Elsie Biotechnologies' oligonucleotide platform, GSK is ready to tie the knot with a $50 million deal to acquire the West Coast biotech. 

Biopharma funding levels at 'new normal' until federal interest rates change: PitchBook

Biopharma investment trends continue to shift, with venture funding jumping to $7.4 billion across 188 deals for the first quarter of the year. This compares to $6.3 billion across 248 deals the previous quarter and demonstrates an increase in deal value despite declining deal count, according to PitchBook.

MINIATURE SWINE: Changing the Bias for Nonclinical Studies on Small Molecules and Biologics

Discover the increasing body of evidence that supports the use of miniature swine as a viable non-rodent option for nonclinical studies.

Charles River and Sanofi collab to replace animals with virtual controls in preclinical research

The contract research organization and pharma giant will work on a new project that will see virtual control animals take the place of live ones in preclinical research.

Lilly touts fibrosis win as it pads case for tirzepatide in MASH

Back in February, Eli Lilly teased “clinically meaningful” results around the ability of its dual GLP-1/GIP med tirzepatide to curb fibrosis in patients with fatty liver disease. Now, the company is laying out the fine details.

Moon Surgical's robotic OR helper gets commercial green light from FDA

It’s all systems go for Moon Surgical with a new FDA green light for its Maestro robotic laparoscopy platform.

CDC recommends antibiotic doxycycline to protect against STIs after potential exposure

Doxycycline, an antibiotic widely used to combat acne, malaria and Lyme disease, has been recommended by the CDC for use in the United States by gay and bisexual men and transgender women after having unprotected sex to ward off sexually transmitted infections.

FDA cracks down on China's Hengrui in scathing manufacturing write-up

In an eight-observation Form 483, the FDA chided Hengrui for a laundry list of manufacturing missteps, including poor contamination controls, subpar cleaning protocols, failure to promptly hand over documentation to inspectors and quality control shortfalls.
 
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A cell therapy reckoning 

In this week's episode of "The Top Line," two journalists from the Fierce Biotech team share key insights from their four-part series on the challenges and breakthroughs in cell therapy.
 

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Watch our on-demand webinar video to learn more about the challenges in pDNA manufacturing for gene and cell therapy and how to resolve many of these barriers by partnering with our experts through the adoption of vital manufacturing technologies and strategies.
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A Comprehensive and Flexible Approach to CMC for Fab and Fc-Fusion Development Programs

New molecular formats are gaining momentum in today’s market. Characterizing these products and developing robust manufacturing processes can help to usher them to market and provide new treatment options for diseases which are currently challenging to treat. Read this white paper to learn more.
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Fresenius Medical Care gets 25x faster kidney disease insights

This detailed case study shows how Fresenius Medical Care achieved 25 times faster insights to help kidney disease patients, launching the world’s largest global database of dialysis care with fully anonymized patient data.
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Designing Patient-Centered Endpoint in Rare Disease Trials

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Adding Rare Disease Products to Your Company’s Portfolio

This paper outlines the challenges, pitfalls, & solutions associated with adding rare disease therapies to a biopharma company’s portfolio.
 

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