Fierce 15 nominations close Friday

Today's Big News

Jul 12, 2023

Avrobio stops programs, halves head count and searches for exit


Theratechnologies reduces R&D head count to compensate for sales setback


Limping Liminal takes buyout from top shareholder at peach of a price 


South Korean biotech group spies US SPAC as route to Nasdaq


Fierce Biotech Fundraising Tracker '23: Tenpoint eyes vision loss restoration with $70M series A; Crossbow takes aim with $80M


Get your Fierce 15 nominations in before submissions close THIS FRIDAY

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

Avrobio stops programs, halves head count and searches for exit

Avrobio is tearing up its plans. Rather than push ahead with work on a trio of gene therapies, the biotech has decided to stop development, lay off half its staff and seek buyers interested in its remaining assets.
18-19
Jul
July 18-19, 2023 | Jersey City, NJ
 

Top Stories

Theratechnologies reduces R&D head count to compensate for sales setback

Theratechnologies’ R&D staff are bearing the brunt of its commercial failings. With sales falling short of expectations, the biotech is reducing its R&D head count and narrowing its focus to lower outgoings.

Limping Liminal takes buyout from top shareholder at peach of a price

Liminal BioSciences is following through with a premium buyout offer from its top shareholder, Structured Alpha LP. The asset-manager-led fund is buying the company's outstanding common shares at $8.50 per share, a 135% premium compared to the price before the deal was first announced.

Why this boutique biotech agency is the future of clinical recruitment

Using behavioral data science and social algorithms, this boutique biotech agency creates therapeutic-specific and patient-centric content to bypass traditional channels and speak directly to patients.

South Korean biotech group spies US SPAC as route to Nasdaq

South Korea and Switzerland-based OSR Holdings is the latest biotech business to choose a merger with a special purpose acquisition company as a way to hop onto the public markets.

Clinical trial technologies support recruitment efforts

Hear why sponsors should equip sites with technology that makes securely capturing pre-screening, recruitment, and enrollment data easier.

Fierce Biotech Fundraising Tracker '23: Tenpoint eyes vision loss restoration with $70M series A; Crossbow takes aim with $80M

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Nominations for Fierce Biotech's 2023 Fierce 15 close Friday—three more days to submit

Fierce Biotech is once again seeking your nominations for the best, most exciting and innovative private biotechs.

Illumina receives record €432M fine from EU for false start on Grail deal

Illumina said it will appeal a 432 million euro fine levied by the European Commission for jumping the regulatory gun two years ago, when the DNA sequencing giant closed its multibillion-dollar acquisition of the multicancer blood test maker Grail.

Biogen, tarnished by Aduhelm, is the big loser in bad year for pharma brand values

Biogen is the big loser in an annual review of biopharma brand values. After a year in which lawmakers accused Biogen of “inappropriately” collaborating with the FDA and setting an “unjustifiably high price,” the biotech’s brand value slumped 39%, sending it down a leader board topped by Johnson & Johnson.

FDA delivers Class I label to J&J’s recall of electrosurgery pads, following patient burns

The recall spans more than 21,000 Megadyne return electrode pads distributed to hospitals and surgery centers over a two-year period.

Moderna mounts 2 new patent lawsuits against mRNA rivals Pfizer, BioNTech: report

Moderna has lodged two new lawsuits at the High Court in Dublin, Ireland, and the Brussels Commercial Court in Belgium, Juve Patent first reported. This adds to a complex web of ongoing mRNA patent litigation.

Drug shortages drive up prices for consumers. Here's how they can be avoided

Prior research about drug shortages looked at frequency and intensity. New Rand research looks at how they affect consumers.
 
Fierce podcasts

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'The Top Line': New HIV therapies, plus this week's headlines

This week on "The Top Line," we discuss new HIV therapies, plus Humira's new biosimilar, foreign pharmaceutical investments, and the rest of the week's headlines.
 

Resources

Research

Develop a cost-effective cGMP chemical sourcing strategy

The right sourcing strategy can help save of millions of dollars—learn about developing a strategy for sourcing the cGMP chemicals critical to your processes.
Whitepaper

Discovering High-Affinity, Functional Anti-GLP-1R Antibodies

Learn how a GPCR-focused library with a cell-based biopanning strategy led to the discovery of 13 high-affinity and selective anti-GLP-1R antibodies with highly developable therapeutic properties.
eBook

Medical Affairs Metamorphosis

This eBook identifies the trends driving major change in the Medical Affairs (MA) function. It also outlines the strategic and tactical implications for MA leaders and team members.
eBook

6 Tools Trial Sponsors Need to Take Action Earlier in Enrollment

Take a look at the reporting tools sponsors need to access insights earlier in the clinical trial enrollment funnel, so you can take informed actions.
Whitepaper

Enhance the cost-effectiveness of your GMP chemical supply chain

Learn how to develop a high-performing supply chain for cGMP chemicals used throughout your bioprocessing workflows.
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.
 

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