Featured Story | By Nick Paul Taylor A patent court has sided with Arbutus Biopharma in its dispute with Moderna, raising concerns that the intellectual property dispute could stymie COVID-19 vaccine development. The news sent shares in Moderna down 9% despite it being unclear whether the patent is relevant to its COVID-19 vaccine. read more |
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Top Stories By Amirah Al Idrus Annexon raised $251 million to advance treatments for neurodegenerative disease, rare disease biotech Inozyme bagged $112 million and cancer-focused iTeos Therapeutics picked up $201 million. All three surpassed their respective goals—Inozyme filed earlier this month to raise $86 million in its Wall Street debut, while Annexon and iTeos both took aim at $100 million listings. read more By Amirah Al Idrus In November, CymaBay Therapeutics stopped clinical development of its nonalcoholic steatohepatitis hopeful, seladelpar, after biopsies showed signs of liver damage in some patients. Now, the biotech is gearing up to revive the program after a panel of independent experts found no “chemical, biochemical or histological evidence” that the drug caused any liver injury. read more By Patheon, by Thermo Fisher Scientific Ensuring cohesion between drug substance chemists & drug product formulators is critical to manage risks & maximize rewards of transforming less soluble & bioavailable molecules into effective drugs. read more By Nick Paul Taylor The Parker Institute for Cancer Immunotherapy has named John Connolly, Ph.D., as its chief scientific officer. Connolly joins PICI having previously collaborated with the institute in his capacity as CSO of Tessa Therapeutics. read more By Ben Adams As Scholar Rock shakes up its C-suite, their loss has been startup Triplet Therapeutics’ gain as it nabs chief scientific officer Alan Buckler, Ph.D. read more By Angus Liu Researchers at Columbia University have isolated a cocktail of antibodies from COVID-19 patients they say could offer a new and potentially potent option for treating and preventing the disease. Some of the antibodies target areas of SARS-CoV-2 that are not addressed by drugs currently in development, they said. read more By Matt Volz,Phil Galewitz, Kaiser Health News HELENA, MONTANA—States frustrated by private laboratories’ increasingly long turnarounds for COVID-19 test results are scrambling to find ways to salvage their testing programs. read more By Angus Liu CanSino Biolgocis' adenovirus-vectored COVID-19 vaccine induced antibody and T-cell responses in mid-phase trial. AstraZeneca signs COVID-19 vaccine production deal with SK Bioscience. U.S. accuses two Chinese hackers of targeting COVID-19-related researches. And more. read more By Kyle Blankenship Biogen CFO Capello says goodbye; Rhythm Pharma grabs Genzyme vet for CEO role; Triplet takes on Buckler as CSO. read more |  | Capture more value with your biotech equity Strategic planning for your early stage equity can result in a tax savings of up to $10 million as Qualified Small Business Stock. Harness works with serial scientific co-founders from top academic institutions and high growth company executives to find specialized financial advisors to help them capture more equity value. Learn more. |
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