PH: FDA wrecks Agenus’ approval plans

Today’s Big News

Jul 18, 2024

J&J drops Addex-partnered epilepsy drug after reviewing failed phase 2 trial data


‘Not prudent’ for Novartis to join GLP-1 obesity race as late-runner, says CEO


FDA wrecks Agenus’ accelerated approval plan, triggering push to partner cancer combination


Exscientia pays $20M for full control of CDK7 drug, plans breast cancer combo trial


In a first, patients with autoimmune diseases respond to allogeneic CAR-T treatment

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Featured

J&J drops Addex-partnered epilepsy drug after reviewing failed phase 2 trial data

After mulling over the data from a failed phase 2 trial, Johnson & Johnson has decided to halt development of its Addex Therapeutics-partnered epilepsy drug, Fierce Biotech has learned.
 

Top Stories

‘Not prudent’ for Novartis to join GLP-1 obesity race as late-runner, says CEO

The pharma has put “a lot of thought into” whether Novartis could play a role in the obesity space, Vas Narasimhan explained.

FDA wrecks Agenus’ accelerated approval plan, triggering push to partner cancer combination

The FDA has scotched Agenus’ plans to seek accelerated approval for a colorectal cancer combination, prompting the biotech to look into partnering to fund the phase 3 required to reach the market. Shares in Agenus fell 38% to around $11 in premarket trading.

Exscientia pays $20M for full control of CDK7 drug, plans breast cancer combo trial

Exscientia has taken full ownership of its oral CDK7 inhibitor candidate, buying out partner GT Apeiron for $20 million. The AI-enabled biotech plans to advance the molecule into a breast cancer combination trial.

In a first, patients with autoimmune diseases respond to allogeneic CAR-T treatment

In a first, three patients with autoimmune diseases have responded positively to allogeneic CAR-T therapy. The study, conducted in China and published in Cell on July 15, is the first sign of the potential of allogeneic CAR-T therapies in treating autoimmune diseases, according to William Blair analysts.

Regulation concerns keep non-animal models out of R&D: survey

Despite an FDA green light for the use of animal testing alternatives in drug development, regulatory concerns may be keeping the industry from embracing them, data collected by the R&D nonprofit Pistoia Alliance suggests.

Argenx posts J&J-rivaling Sjögren's data, massively upscales Vyvgart patient population at R&D day

Even as argenx begins to chart a course toward a future beyond Vyvgart, the company’s flagship FcRn inhibitor still has plenty of tricks in store for the remainder of the decade.

AstraZeneca skewered by marketing watchdog over repeat offense

AstraZeneca has an unwanted hat trick of breaches of the U.K. pharma marketing code. The drugmaker completed the set after someone noticed the same compliance breach in two earlier cases, prompting the PCMPA to rule the company had brought discredit on the industry.

PhRMA doubles down on pricing attack, targeting shared ownership of insurers and PBMs in new ad

PhRMA’s smarmy avatar for the alleged avarice of pharmacy benefit managers (PBMs) is back in a fresh attack ad. And this time there’s two of him, enabling the trade group to blast insurance companies and their PBMs at the same time.

Suki brings AI scribes to community health centers with limited cash flow

Suki AI, an ambient scribe solution, says community health centers are able to afford Suki, unlike other AI solutions on the market. Stakeholders have wondered if the healthcare AI revolution will benefit small practices. Suki aims to make inroads in that market.
 
Fierce podcasts

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A look at Big Pharma’s top-paid CEOs

In this week's episode of "The Top Line," Fierce Pharma’s Eric Sagonowsky and Fraiser Kansteiner discuss Fierce’s annual special report, “Big Pharma's 10 highest-paid CEOs.” 
 

Resources

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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 “Best Practice Organization” & Its Importance for Success in Today’s Biopharma Industry

In a complex industry like biopharma, being a “Best Practice Organization” (BPO) is essential to success. But what is a BPO & how do you build one? This eBook provides the answers.
 

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On Helix

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

 

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