BMS culls heart failure asset
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Today's Rundown

Featured Story

Pfizer sends 'enhanced' COVID shot to clinic under strategy for next generation of vaccines

Pfizer just raised the stakes of the COVID-19 vaccine business. The Big Pharma has launched a midstage trial of the first in a series of next-generation, variant-busting vaccines that the drugmaker is working on alongside BioNTech.

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Top Stories

Editas notches milestones for sickle cell disease therapy as FDA lifts partial clinical hold

Editas Medicine has confirmed that a gene editing therapy for sickle cell disease has successfully engrafted into the first patient dosed in a phase 1/2 trial. The gene editing company also announced that a partial clinical hold on the efficacy portion of the RUBY trial for EDIT-301 has now been lifted.

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BMS-Ambrx collab runs out of steam after FA relaxin med canned

More than 10 years after Bristol Myers Squibb and Ambrx teamed up to develop a couple of programs in type 2 diabetes and heart failure, prospects from the partnership have washed away.

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Sponsored: Unlocking the power of AI-driven pathology in drug development: An Interview with Bristol Myers Squibb

Learn how Bristol Myers Squibb is unlocking new insights in translational research and development by transforming pathology with artificial intelligence.

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Versant biotechs hand AbCellera antibody discovery wish list as part of multi-year deal with the VC shop

Versant Ventures has enlisted AbCellera as its antibody discovery house band. Off the back of its key role in the development of Eli Lilly’s COVID-19 antibody, AbCellera is set to provide Versant with candidates for multiple targets selected by the VC shop’s portfolio of biotechs.

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Investor pleads guilty to insider trading in Alzheimer's biotech

A financial services professional has pleaded guilty to insider trading of shares in a clinical-stage biotech. The plea relates to allegations that George Haywood avoided a loss of at least $179,000 by selling shares in Neurotrope after learning the biotech, now known as Synaptogenix, was planning a stock offering.

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Cidara Therapeutics bags $30M cash in Melinta licensing deal, submits antifungal for FDA review

After submitting its antifungal drug rezafungin for FDA review, Cidara Therapeutics is handing off exclusive U.S. licensing rights to Melinta Therapeutics in exchange for $30 million upfront.

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Martin Shkreli wants to be dealt back into the biopharma game, and now he's betting on the blockchain

Two months fresh out of prison—and despite a federal judge banning the famous “pharma bro” from working in the drug industry for the rest of his life—Martin Shkreli is looking to get right back in the mix.

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Could the FTC block a Merck-Seagen merger? M&A consultant says no

Many in the biopharma industry are under the assumption that the FTC will tighten the screws on mergers and acquisitions, especially large ones like Merck and Seagen that are under consideration. But one M&A industry consultant doesn’t believe the FTC has the legal standing to challenge such mergers.

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Humana's Q2 profits grow nearly 20% year over year to $696M

The results surpassed Wall Street analysts' expectations on both profit and revenue, according to Zacks Investment Research.

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Medable forges pact with device developer Withings Health Solutions

Trial software firm Medable has partnered with medical device developer Withings Health Solutions in a move intended to boost its decentralized study business.

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3M to peel off $8B healthcare business into standalone public company

Much like the mythical hydra, when 3M is sliced apart in the coming months, two separate companies will crop up in its place.

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With ominous FDA talks, ObsEva scraps lead women's health drug, plots layoffs in major restructuring

An approval decision for ObsEva's uterine fibroids candidate, linzagolix, isn’t likely to happen on time. After getting that bleak hint from the FDA, women’s health specialist ObsEva is taking a sharp turn.

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Resources

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Case Study: Roche cuts feasibility process by 36%

Explore how Cognizant SIP helped Roche streamline its global feasibility process.

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eBook: Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

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Article: Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?

eBook: Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Carla Vozone discusses the significant trends in the OINDP segment including large molecules and novel indications, changes within CDMOs and various challenges facing the industry.

Whitepaper: Catalent Pulmonary & Nasal Delivery Capabilities Sheet

Did you know Catalent has newly expanded in-house capabilities spanning clinical and commercial scale manufacturing for DPIs, unit-dose, bi-dose and preserved multi-dose nasal sprays?

On-Demand Webinar: The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.

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