Cassava shrugs at misconduct allegations
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Today's Rundown

Featured Story

The NASH curse strikes again. Pfizer dumps early-stage asset for liver condition

Another NASH drug bites the dust. This time it’s Pfizer’s early-stage asset danuglipron, which the drugmaker revealed this morning had been dumped for the liver condition.

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Top Stories

Takeda cuts ties to cancer drug landed in $120M Turnstone deal

Takeda is walking away from a cancer prospect it picked up in a $120 million deal. In a pipeline clear-out that also hit narcolepsy candidate TAK-994, the Japanese drugmaker revealed it has returned the rights to oncolytic virus TAK-605 to Turnstone Biologics just 31 months after inking a deal for the drug.

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Bayer-Ionis' anti-thrombotic med doesn't increase bleeding in phase 2, setting stage for a new type of anticoagulant

Patients with kidney disease taking Ionis Pharmaceuticals and Bayer’s anti-thrombotic therapy did not experience an increase in major bleeding events as compared to those taking placebo, meaning patients may someday have a new anticoagulant option that does not come with a risk of bleeding.

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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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Reports of DOJ probe into Cassava 'old news in new fish wrapper,' CEO says

Cassava Sciences CEO Remi Barbier called reports of a new Department of Justice criminal investigation into the Alzheimer’s disease biotech’s scientific practices “old news in [a] new fish wrapper.”

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Months after formation, Spexis narrows focus to keep lights on into 2023

Spexis has run into trouble just months after its formation. With the ink barely dry on the merger that created it, the Swiss biotech is narrowing its focus to stretch its cash runway out to January 2023.

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Elevation Oncology sets out for clinic climb in $27M licensing deal for CSPC's ADC

Elevation Oncology is setting out for a climb to the clinic, with $27 million paid out in a new licensing deal for an antibody drug conjugate (ADC) from CSPC Megalith Biopharmaceutical. 

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Labcorp to splice off clinical development arm into standalone business

Labcorp will spin off its clinical development arm into its own company, a departure from a decision at the end of 2021 to maintain the corporate structure. The deal is expected to close in the second half of next year.

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Nothing to Seagen here: Merck remains mum on merger

Without a single word in its press release about Seagen—the powerful biotech it has reportedly been targeting for a buyout over the last several weeks—Merck revealed second-quarter earnings that showed exactly why the top-heavy company is so anxious to make a transformational deal. With Keytruda generating $5.3 billion in the second quarter, the versatile cancer juggernaut accounted for 36% of the company’s revenue figure of $14.6 billion.

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New drug could flip the script for stroke treatment, but small Canadian biotech needs funding boost

A new drug may be able to protect and repair damage caused by stroke up to a week after onset, though limited resources may block the path to clinic.    

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Velocity Clinical Research buys site in Germany, marking EU expansion

Europe is the key to clinical trial recruitment success, says site organization Velocity Clinical Research, which has acquired a clinical research location in Hamburg, Germany.

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City of Hope's new 'comprehensive' cancer center boasts cutting-edge research, treatments and a full-service salon

The organization's newly opened facility boasts cutting-edge research, treatments and a full-service salon for patients.

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GSK, still early in US launch, licenses long-acting HIV PrEP drug Apretude to patent pool for poorer nations

Antivirals have historically made up the bulk of licenses that allow generics companies to copy innovative drugs for poorer countries. Now, GSK’s ViiV Healthcare is adding the world’s first long-acting HIV prevention med to a patent-sharing program merely seven months into an FDA approval.

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Resources

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Whitepaper: Through a CRO's Perspective: Innovative, Agile Solutions In Vaccine Efficacy Testing

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Case Study: Roche cuts feasibility process by 36%

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

eBook: 12 Pitfalls in Europe

This e-book covers the 12 most common pitfalls for companies entering European markets for the first time, offering guidance to help growing companies avoid them and succeed.

Whitepaper: The Most Suitable Dosage Form Technologies for the Oral Delivery of Lipid-Based Formulations

What is the most suitable dosage form technology for the Oral Delivery of Lipid-Based Formulations?

Article: Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.

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?

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

Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Whitepaper: Intranasal Drug Product Development: Formulation to Manufacturing

What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?

Case Study: Versatility of Softgel Technology - Encapsulation of a Volatile Compound

Learn more about how the versatility of Softgel Technology helped a customer with a volatile compound.

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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