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Today's Rundown

Featured Story

Is that all? FDA committee reviewing Incyte's anal cancer drug flags bevy of trial concerns from deaths to diversity

FDA's Oncologic Drugs Advisory Committee voted 13-4 to defer a regulatory decision on Incyte's PD-1, retifanlimab, for anal cancer, citing the need for further data from a confirmatory trial currently underway.

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Top Stories

Roche walks away from 4DMT's eye gene therapy before early-stage trial finishes

4D Molecular Therapeutics is losing a collaboration with Roche but regaining full rights to its phase 1 gene therapy candidate for patients with a blinding disease, for which the company expects to initiate a new clinical trial after speaking with the FDA.

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Graphite pulls off $238M IPO to sketch out path to clinic for gene-editing sickle cell treatment

In less than a year, Graphite Bio has sped from series A to Wall Street welcome as it rustles up capital to fund its gene-editing treatments for sickle cell disease, an immune system disorder and Gaucher disease. After filing to raise up to $100 million in its IPO, the company eventually snagged $238 million.

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Sponsored: Addressing Roadblocks in Decentralized Clinical Trials

In a recent virtual roundtable discussion, industry experts shared their insight on the challenges faced in implementing decentralized trials and how to address them.

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Oxurion stops investing in cancer spinout, reduces head count

Oxurion is stopping investing in its oncology spinout and narrowing its focus to its two clinical assets. The restructuring will affect “a number” of people who work at Oxurion and put the biotech all in on two potential treatments for retinal vascular diseases.

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Sponsored: Culture Drives Employee Engagement, Supports Business Growth

By refocusing company culture around the connection between employees and the rare disease community, Alexion has increased employee engagement and charted a new path for business success. Read more.

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Fulcrum's muscle degeneration drug fails but will push forward regardless

Fulcrum's losmapimod once again did not perform better than placebo in a phase 2b trial in patients with facioscapulohumeral muscular dystrophy, but the biotech is moving forward in the second half of this year with regulatory discussions based on "strong support" for other endpoints.

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Alzheimer's biotech Acumen prices $125M IPO, targets phase 2 data on amyloid-beta prospect

Acumen Pharmaceuticals has set the terms for its IPO, teeing it up to raise around $125 million to take an antibody against amyloid-beta oligomers to the end of phase 2 in Alzheimer’s disease. 

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Corbus tries to shift focus to early-stage pipeline as autoimmune treatment flunks another trial

It’s not looking good for Corbus Pharmaceuticals and the autoimmune disease treatment lenabasum. Corbus disclosed another in a long string of failures for the synthetic oral cannabinoid type 2 agonist, this time in a late-stage trial in the rare autoimmune disease dermatomyositis.

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Could this gene that GSK failed to target in the past be key for treating liver cancer?

By performing RNA sequencing on tissue samples, scientists at Mount Sinai have pinpointed the MAGEA3 gene as a driver of progression in liver cancer. GlaxoSmithKline had tried and failed to target the gene in other cancers, but the additional insight could boost future drug discovery, the Icahn team said.

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FDA calls for more terminal patients to be included in cancer trials

Many cancer patients unlikely to survive the disease are often neglected from oncology tests trialing new drugs; the FDA has posted new guidance hoping to boost inclusion of this often omitted group.

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Merck taps longtime insider Klobuchar to lead strategy after clinching $9B from Organon split

Merck & Co. will slot 23-year veteran Michael Klobuchar into the newly minted role of executive vice president and chief strategy officer July 5—just a few short days after Kenneth Frazier is due to retire as CEO.

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Missouri judge strikes down state's Medicaid expansion, dealing blow to Centene and Biden admin

A state judge has blocked Missouri's Medicaid expansion, deciding the Aug. 2020 ballot initiative that approved the expansion did not include a directive for funding.

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Fierce Pharma Asia—BMS-Eisai ADC deal; China's generics price cut; AZ-Hutchmed lung cancer nod

Bristol Myers Squibb teamed with Eisai on an antibody-drug conjugate in a potentially $3.1 billion deal. AstraZeneca’s Pulmicort and Bayer’s Xarelto lost important government tenders in China’s latest price cuts on generics. Hutchmed’s AZ-partnered MET inhibitor won its first regulatory go-ahead. And more.

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Chutes & Ladders—TRexBio snags new CEO from Lilly as it prowls toward the clinic

A longtime Lilly staffer has returned to TRexBio as the company's new CEO. Vedere Bio II snagged a new CSO from rival biotech BioMarin. And Galapagos' CSO is stepping down this year after the company faced a series of R&D setbacks.

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Resources

Whitepaper: How to Launch a Successful BYOD Strategy in Any Phase

For faster deployment, improved patient engagement, and better-quality data — go where your patients are. GO BYOD with Lunexis™ from Clinical Ink.

Paid Marketplace: Story of Success: Ashfield Healthcare Empowers Field Sales to Grow Market Share based on Data

Discover how Ashfield Healthcare uses the power of data and analytics to enable pre-call planning, inform sales rep actions and drive higher market share for its target pharmaceutical products.

eBook: Improving Diversity and Inclusion in Clinical Trials

Create a more diverse and inclusive clinical trial enrollment and engagement environment by learning the barriers to participation and the strategies to overcome them.

Whitepaper: Closed Cell Processing System Benefits for Cell & Gene Therapy

Autologous cell and gene therapy workflows involve isolating cells from an individual, engineering the cells, expanding and concentrating them, and infusing them back into the patient. Optimized automation of certain steps of the workflow may decrease hands-on time and the cost of the cell manufacturing process.

Guide: Your Guide to Overcome Inconsistent Clinical Data Standards

Learn how to develop a standards program that has your full team’s buy-in and improves the efficiency and quality of your clinical trials.

Report: New research indicates an accelerated shift to decentralized clinical trials

New research indicates an accelerated adoption of decentralized clinical trials due to COVID-19.

Content Hub: Process Intensification Resource Center

A one-stop hub for Cytiva resources to support process intesification

Content Hub: Remarque Systems Resource Hub

Remarque Systems consolidates data, then layers on visualization and automated metrics to generate consistent, actionable data insights in real-time. Click here for more info. 

eBrief: Drug Product Process Development: Ensuring a Consistent, High-quality Biologic

Learn about drug product process development challenges and risks, the difference between innovator and biosimilar drug product process development, and more during the drug product process development phase.

Whitepaper: Achieving a Successful Drug Product Technology Transfer

Get insights on key considerations for a successful tech transfer process for manufacturing a biologic drug product, including a case study on overcoming challenges in a process transfer for a sterile diluent.

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