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June 14, 2018

Today's Rundown

Featured Story

U.K. creates £2.5B investment program to help startups grow

The U.K. has set up a £2.5 billion ($3.6 billion) patient capital program. The fund is part of an initiative to help British biotechs grow into standalone midsized businesses, rather than sell up at the first sign of a takeover bid from overseas.

Top Stories

Alta raises $130M for its new biotech VC fund, missing its $200M goal

Healthcare venture capital firm Alta Partners has launched a new fund focused on companies developing new therapeutics and health technology services. It closed with $130 million, below the $200 million it had hoped to raise according to a February 2017 SEC filing.

Apexigen, BMS to combine CD40 and anti-CSF-1 drugs with Opdivo in new study

Apexigen is collaborating with Yale Cancer Center on an early-stage clinical trial that combines the biotech’s APX005M CD40 activator with Bristol-Myers Squibb’s Opdivo and cabiralizumab, an investigational anti-CSF-1 antibody, in patients with advanced solid tumors.

Argenx boosts pipeline with new version of lead drug

Argenx has the first data on a new subcutaneous formulation of its rare autoimmune disease drug efgartigimod that could make it a much more patient-friendly prospect.

What’s a move to New Jersey worth? For Teva’s U.S. headquarters, $40M in tax breaks

Teva has long called Pennsylvania its U.S. home base, but New Jersey has pushed through tax breaks designed to woo it away. For $40 million in incentives, the generics giant would have to promise a 1,000-strong workforce—and for Teva, that means keeping some jobs slated for the ax.

Enrollment Showcase

SBMI Now Offering an Online Graduate Program in Bioinformatics

UTHealth SBMI now offers a M.S. track in clinical and translational bioinformatics.

Resources

[Webinar] Achieving Launch Excellence: Creating a Foundation for Success

Your product launch is coming. Are you prepared to go face-to-face with the marketplace? Learn how to create a foundation for success, drawing upon our experience with more than 65 launches.

[Survey] 2018 eClinical Technology Solutions Survey

Take this anonymous 10-minute survey to share your thoughts on leading eClinical technology solutions and earn up to $55 honoraria. Take the survey now!

[Whitepaper] Is the pharma business model ready for precision medicine?

Blue Latitude Health explores the commercial barriers and new stakeholder connections for pharma companies developing precision medicines, and reveals how to grasp novel opportunities in the new era of healthcare.

[Whitepaper] Implementing a Proactive Approach to Risk Management

A solid RBM plan will not only help you comply with the ICH guidelines, but will help you mitigate risks which could ultimately delay your trials and increase costs. Download today!

[Whitepaper] Getting to First-in-Human Clinical Trials: A Make-or-Break Milestone for Small Biopharmas

“Faster and better” has become the mantra for biopharmaceutical companies as they face intense pressure to get therapies to market faster. Quickly proving efficacy in first-in-human (FIH) trials is a make-or-break milestone for these cash-strapped companies whose hopes hinge upon one or two molecules. Read how CDMOs are responding to this pressure.

[Whitepaper] Digitizing the Global Life Sciences Supply Chain: The Critical Role of Digital Transaction Management

Life science companies are experiencing a significant transformation in how they bring new products to market.

Events

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