Coherus pays $65M for cancer biotech

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Today's Big News

Jun 16, 2023

FDA delays approval decision on GSK's $1.9B blood cancer bet


It's 'a concern': Bavarian Nordic flags worrying COVID-19 vaccine result ahead of phase 3 data drop


Coherus continues to scratch the Surface of life outside of biosimilars with $65M buy 


AstraZeneca returns to hypercholesterolemia via R&D pact with fresh-faced Chinese biotech


Looking to Biogen's success, Clene claims its ALS therapy hits biomarker behind Qalsody approval


Chutes & Ladders—Amgen poaches Moderna CMO Paul Burton


'The Top Line': News from BIO's annual conference, plus this week's headlines

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

FDA delays approval decision on GSK's $1.9B blood cancer bet

GSK is going to have to wait a little longer to start delivering a return on its $1.9 billion cancer bet. The FDA has delayed its ruling on the blood cancer candidate momelotinib by three months to provide time to review recently submitted data.
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Top Stories

It's 'a concern': Bavarian Nordic flags worrying COVID-19 vaccine result ahead of phase 3 data drop

Bavarian Nordic has identified a “concern” with its investigational COVID-19 vaccine. With phase 3 data imminent, the Danish drugmaker has reported weakened immune responses against the omicron variant XBB.1.1 in a midstage study.

Coherus continues to scratch the Surface of life outside of biosimilars with $65M buy

Coherus is doubling down on its immuno-oncology pipeline with a $65 million deal to buy Surface Oncology.

Minimizing Barriers to eConsent Adoption

Michael Hughes, Chief Product Officer at YPrime discusses the benefits and challenges of eConsent implementation and how to circumvent the biggest barriers to adoption.

AstraZeneca returns to hypercholesterolemia via R&D pact with fresh-faced Chinese biotech

Nine months after dumping an Ionis-partnered hypercholesterolemia asset, AstraZeneca has teamed up with a self-described “young” Chinese biotech to work on new drugs to target the condition.

Sanyou Milestones | Super Trillion Common Light Chain Antibody Discovery Platform Launched

On June 12th, 2023 local time, Sanyou Biopharmaceuticals Co., Ltd. officially announced the launch of "Sanyou Super Trillion Common Light Chain Antibody Discovery Platform" (the "platform"). As one of the nine trillion antibody discovery platforms of Sanyou, the platform features a library capacity of up to 1.12E+12 CFU. For a single target, the platform can generate hundreds of lead antibodies with diverse sequences, which can be further designed into bispecific antibodies with good drug developability, providing a feasible solution for obtaining bispecific antibodies with structures similar to the natural monoclonal antibodies

Looking to Biogen's success, Clene claims its ALS therapy hits biomarker behind Qalsody approval

Attempting to surf in Biogen’s slipstream, Clene has pointed to data for the same biomarker that got Qalsody approved as a sign that the biotech’s own amyotrophic lateral sclerosis (ALS) drug is on the right track.

Janssen’s approach to business development and strategic partnerships

The creation of collaborative partnerships continues to be essential to delivering transformational therapies to address critical healthcare needs.

Chutes & Ladders—Amgen poaches Moderna CMO Paul Burton

After nearly 20 years away, Paul Burton, M.D., Ph.D., is set to return to Amgen. Francis deSouza cedes control of Illumina after Carl Icahn proxy battle. A new nomination to Biogen's board stirs up controversy.

'The Top Line': News from BIO's annual conference, plus this week's headlines

This week on "The Top Line," we discuss the the top news from this year's annual BIO meeting, plus a COVID lawsuit, an FDA-approved app and the rest of the week's headlines.

US oncologists see cost as biggest barrier to new cancer drug uptake, with cell, gene therapy expertise lagging: survey

Oncologists in the U.S. see pricing as the largest hurdle for patients when it comes to accessing new cancer therapies, while many are also struggling to keep up with the pace of new cell and gene therapies.

Cala Health expands tremor-treating neurostim system to Parkinson’s

While many wearable devices currently available to people with Parkinson’s disease focus mainly on tracking the condition, the latest iteration of Cala Health’s externally worn technology is aiming to effectively treat the tremors associated with the disease.

'Heads, brains, skin, bones and other human remains' stolen and sold by Harvard morgue manager, DOJ says

The former manager of a morgue at Harvard Medical School is up against federal charges for allegedly stealing, selling and shipping human body parts, federal prosecutors said on Wednesday.

Coherus breached Humira patent settlement by striking deal with Mark Cuban's drug firm, AbbVie contends

An announcement early this month by Mark Cuban’s deep discount drug company that it would sell Coherus Biosciences’ biosimilar version of AbbVie’s Humira has the Illinois drugmaker calling foul. In a regulatory filing, AbbVie claims that Coherus has violated a licensing agreement, which governs the commercializing of the biosimilar.

Fierce Pharma Asia—Astellas CEO's 'aggressive' strategy; Leqembi's adcomm win; BeiGene's legal hurdle

Astellas' new CEO Naoki Okamura discussed the company's business plans. Eisai and Biogen's Leqembi won backing from the FDA's external advisers. AbbVie has brought a BTK patent infringement lawsuit against BeiGene. And more.
 
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'The Top Line': News from BIO's annual conference, plus this week's headlines

This week on "The Top Line," we discuss the the top news from this year's annual BIO meeting, plus a COVID lawsuit, an FDA-approved app and the rest of the week's headlines.
 

Resources

Whitepaper

Autoantibodies: Powerful Biomarkers in Cancer Precision Medicine

Autoantibody screening is promising for early cancer detection with the potential to improve the whole treatment decision tree, providing a less invasive, powerful approach.
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

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

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.
eBook

Strategies to Optimize Clinical Trial Enrollment Timelines

See how clinical trial sponsors can build stronger strategies to address challenges across the patient enrollment funnel, starting with four necessary steps.
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.
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.
 

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