Plus the 10 smartest biopharma deals

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This Week

Jun 28, 2024

The end of eFFECTOR Therapeutics: Oncology biotech winds down after midstage fail


Novo Nordisk reveals plan to build mammoth $4.1B plant in North Carolina to help produce Ozempic, Wegovy


Top 10 smartest deals in biopharma 


Rallying in RSV vaccine race, Pfizer gains contract win over GSK in the UK


Altimmune touts 'best-in-class' lean mass results for weight loss therapy in quest to outdo big time competitors


Study shows generative AI can speed up clinical trial enrollment for pennies per patient 

 

Featured

The end of eFFECTOR Therapeutics: Oncology biotech winds down after midstage fail

It’s the end of an era—eFFECTOR Therapeutics’ era to be exact. The oncology biotech has laid off staff as it plans to wind down, according to a June 24 release.
 

Top Stories

Novo Nordisk reveals plan to build mammoth $4.1B plant in North Carolina to help produce Ozempic, Wegovy

A month after Eli Lilly revealed a $5.3 billion investment to increase its manufacturing capacity of its diabetes and obesity treatments, Novo Nordisk has answered. The Danish drugmaker said it will spend $4.1 billion to construct a second fill-finish plant at its sprawling campus in Clayton, North Carolina.

Top 10 smartest deals in biopharma

The past couple of years have seen Big Pharmas whip out their wallets to place high-stake bets in the red-hot races for antibody-drug conjugates, radiopharmaceuticals and obesity drugs, to name a few. We wanted to take another look at some of the deals that have kept our attention.

Rallying in RSV vaccine race, Pfizer gains contract win over GSK in the UK

After losing round one of its respiratory syncytial virus (RSV) vaccine bout with GSK, Pfizer is rallying. And what better way to do it than to win a major contract in your rival’s home country? The U.K. government has selected Pfizer to supply 5 million doses of its RSV shot Abrysvo over the next two years.

Altimmune touts 'best-in-class' lean mass results for weight loss therapy in quest to outdo big time competitors

After a full data analysis, Altimmune is heralding phase 2 obesity data for pemvidutide as “best-in-class” for spurring weight loss while preserving lean mass.

Study shows generative AI can speed up clinical trial enrollment for pennies per patient

Using a version of OpenAI’s GPT-4 program, the AI quickly combed through doctors' notes and identified patients with heart failure who met study criteria.

AbbVie's Duopa successor in Parkinson's rejected again after FDA flags 3rd-party manufacturer issues

A little over a year after being slapped with an FDA rejection, AbbVie has hit another regulatory wall in its bid to debut a more convenient Parkinson’s disease successor to its established formulation of carbidopa and levodopa.

Sarepta scores 'transformational' FDA label expansion for Duchenne gene therapy Elevidys

The FDA has expanded the label for Sarepta's Elevidys to all Duchenne muscular dystrophy patients ages 4 and older. It’s a major boost for the first gene therapy to treat the inherited disorder, which received an accelerated approval a year ago—nearly to the date—but only for ambulatory boys ages 4 to 5.

When the Wegovy stops, the weight gain restarts. Could a GLP-1 gene therapy change that?

GLP-1 drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegovy work to address obesity—as long as a patient keeps taking them. Harith Rajagopalan, M.D., Ph.D. thinks his company, Fractyl Health, may have the answer.

100 days with John Crowley: BIO’s new vision and a ‘wake-up call’ for the country

The Biotechnology Innovation Organization’s CEO John Crowley isn’t shying away from the tough tasks. With only a little more than three months at the helm of the world’s largest biotech advocacy group, the leader has already implemented a wide-scale restructure and taken a firm stance with Congress regarding U.S. biosecurity.

Janssen, Roche lead reputation rankings among blood, breast, lung and prostate cancer patient groups

Data released earlier this month showed that across nearly 600 cancer patient groups, Roche was rated as having the best reputation among pharmas. Now, PatientView has offered an even deeper dive into those findings, breaking out patient sentiments by several cancer types.
 
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Resources

Whitepaper

2024 Life Sciences Industry Outlook

The definitive report on the state of our industry.  Readers will gain an understanding of key indicators to monitor, future predictions, and guidance for investors and founders navigating the therapeutic enabling tools and services, healthtech and techbio sectors through 2024 and beyond.
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The Role of Environmental Monitoring in a Contamination Control Strategy

The Role of Environmental Monitoring in a Contamination Control Strategy
Whitepaper

The Economics of Synthetic mRNA Capping Strategies

This study delved into the manufacturing costs of the three mRNA capping methods. It involved discussions with 30 subject matter experts engaged in mRNA therapeutic development across various companies in the US and the EU.
Whitepaper

Building A Patient Support Program that Can Scale Globally

An insider’s workbook filled with practical tips and tools for designing and scaling a global patient support program.
Webinar

Enhance your long-term cell & gene therapy success with pDNA manufacturing solutions

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.
Research

Creating Accurate Clinical Trial Benchmarks With AI

Learn how a Top-10 Pharma company automated the extraction of oncology efficacy endpoints from scientific literature with high precision and recall using a combination of AI technologies.
eBook

Get to eSignature Faster: Maximize the Value of Your eSignature Investment with True Forms Automation

This eBook offers insights for business leaders looking to do more with reduced budgets by using the power of SmartIQ’s true forms automation to eliminate the need to print, sign, and scan/mail physical documents, increase operational efficiency, and reduce disparate systems.
Whitepaper

Driving DTC Adoption With Telehealth Programs

Virtual care programs represent a compelling opportunity for decision makers in life sciences companies to drive growth, innovation, and value creation. Download now to learn more.

Whitepaper

Using Synthesis and Route Design Technology to Approach API Complexity

Small molecule active pharmaceutical ingredients (APIs) continue to grow more complex. Download the white paper to learn more about using synthesis and route design technology to approach API complexity. 
Whitepaper

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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Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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