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July 11, 2017

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Today's Rundown

  1. FDA backpeddles on Amicus NDA, extra safety tests

  2. Special Report—The top 15 highest-paid biopharma executives

  3. Neon partners up with CRISPR Therapeutics for I-O work

  4. Arena stock soars as PAH data tees up phase 3 trial, possible assault on Johnson & Johnson’s franchise

  5. Evelo raises $50M to take monoclonal microbials into clinic

  6. Video Interview—Allergan’s R&D officer David Nicholson

  7. Video Interview—Johnson & Johnson Innovation

  8. EQT to buy Certara from Arsenal for $850M

Featured Story

FDA backpeddles on Amicus NDA, extra safety tests

After a series of talks with the FDA, Amicus, the biotech at the center of president Donald Trump’s campaign to speed up drug development, can now submit its rare disease drug for review.

Top Stories

Special Report—The top 15 highest-paid biopharma executives

Some of the executive pay rankings are predictable, like Johnson & Johnson's CEO, regardless who's in the job. What's not guaranteed is that the chairman of a generics maker in hot water with the U.S. government and American parents—Mylan's Robert Coury—would step off the company’s employee roster and into the nonexecutive chairman’s job and reap a $97 million package with the move.

Neon partners up with CRISPR Therapeutics for I-O work

It’s been a good week for Neon: After posting positive cancer vaccine data a few days ago, it has signed a new R&D pact with gene-editing biotech CRISPR Therapeutics.

Arena stock soars as PAH data tees up phase 3 trial, possible assault on Johnson & Johnson’s franchise

Arena Pharmaceuticals has posted positive data from a phase 2 trial of its pulmonary arterial hypertension candidate ralinepag. The trial linked ralinepag to improvements in pulmonary vascular resistance, sending Arena’s stock up 41% and putting it on a path that could lead to a showdown with Johnson & Johnson. 

Evelo raises $50M to take monoclonal microbials into clinic

Evelo Biosciences has raised $50 million to take its monoclonal microbials into the clinic. The series B round moves the total raised by the preclinical-stage Flagship VentureLabs graduate up toward the $100 million mark, equipping it to push cancer and immuno-inflammatory drugs into phase 1.

Video Interview—Allergan’s R&D officer David Nicholson

In the second part of our video interview series, we delve into the R&D strategy for Allergan, a company that last year was on the cusp of becoming subsumed in a major merger with Pfizer.

Video Interview—Johnson & Johnson Innovation

As part of our new video interview series, we sat down with Rowan Chapman, head of J&J Innovation California, to get her thoughts on what the big pharma company wants to see from its potential life science partners.

EQT to buy Certara from Arsenal for $850M

Private equity firm EQT is acquiring in silico drug development service provider Certara from Arsenal Capital Partners, a deal that values the CRO at $850 million, Arsenal announced on Tuesday.

News of Note

Daiichi Sankyo, Max Planck Innovation and the Lead Discovery Center have signed a new pact giving Daiichi the option to nab exclusive rights to a new cancer compound from the LDC. Statement

Gene therapy biotech uniQure has posted new data which it says shows that the presence of pre-existing anti-AAV5 neutralizing antibodies does not predict the potential efficacy of AAV5-mediated gene transfer in patients with hemophilia B. Release

ArQule says its first patient has been dosed in an early test with its BTK inhibitor, ARQ 531, in patients with B-cell malignancies who can't use other meds, with plans to enroll up to 120 patients. Statement

Resources

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[Whitepaper] Streamline Regulatory Compliance in Life Sciences with Digital Transaction Management

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Events

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