Singapore still waits for biotech fame

Today’s Big News

Aug 7, 2023

Sage braces for layoffs, pipeline cuts as shares tank in wake of zuranolone's MDD rejection


Nektar accuses Lilly of botching analysis of eczema, psoriasis clinical trials


20 years in, Singapore still searches for its biotech success story


Arcus, Gilead drop A2R inhibitor in prostate cancer after glimpsing early data


Bavarian Nordic goes 2 for 2 in pivotal chikungunya vaccine trials, teeing up filing to rival Valneva


BioNTech sheds €400M from full-year R&D spending guidance to ‘increase cost consciousness'


Vistagen’s stock soars 1,272% after social anxiety nasal spray hits phase 3 goals


Poseida sells $50M stake to Astellas, extending cash runway as gene therapy programs reviewed

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Featured

Sage braces for layoffs, pipeline cuts as shares tank in wake of zuranolone's MDD rejection

Sage Therapeutics is preparing to reduce its head count and pipeline in response to the FDA’s rejection of a Biogen-partnered drug as a treatment for major depressive disorder.
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Top Stories

Nektar accuses Lilly of botching analysis of eczema, psoriasis clinical trials

Nektar Therapeutics has accused Eli Lilly of botching the analysis of data from phase 1b trials in eczema and psoriasis. Lilly, which has reportedly confirmed the errors, handed back rights to rezpeg earlier this year.

20 years in, Singapore still searches for its biotech success story

Singapore set out on a journey to become a biotech hub back in 2000, when local government made biomedical research the “fourth pillar” of the city state’s economy. With the sudden collapse of Tessa Therapeutics, Singapore is still waiting for its big biotech success story.

Arcus, Gilead drop A2R inhibitor in prostate cancer after glimpsing early data

Arcus Biosciences and Gilead have decided not to advance their A2R inhibitor in prostate cancer after taking a look at some early clinical data.

Bavarian Nordic goes 2 for 2 in pivotal chikungunya vaccine trials, teeing up filing to rival Valneva

Bavarian Nordic’s chikungunya virus vaccine candidate has racked up a second phase 3 victory. Weeks after presenting positive data in seniors, the biotech has revealed pivotal results in younger adults that position it to file for approval next year to challenge Valneva for the emerging opportunity.

BioNTech sheds €400M from full-year R&D spending guidance to 'increase cost consciousness'

BioNTech is trimming some €400 million from its expected R&D spend for the full year citing an ongoing cost-cutting effort. The company culled two cancer assets in the second quarter as it looks to bring a second product to market.

Vistagen’s stock soars 1,272% after social anxiety nasal spray hits phase 3 goals

After a bout of bad luck, Vistagen’s social anxiety spray has puffed out a phase 3 win—data that has sent the biotech's stock soaring.  

Poseida sells $50M stake to Astellas, extending cash runway as gene therapy programs reviewed

Japanese pharma Astellas is taking a stake in Poseida Therapeutics for $50 million to get a first shot at a solid tumor CAR-T cell therapy. But elsewhere, Poseida’s pipeline is facing delays and a regrouping after Takeda walked away from a gene therapy partnership.

Biogen, Sage's postpartum depression approval overshadowed by larger rejection

Friday, the U.S. FDA gave the green light to zuranolone. Now going by the commercial moniker Zurzuvae, the partners’ drug represents the first and only oral treatment for women with PPD, which affects some 500,000 patients in the U.S. each year, according to Biogen and Sage.

Viz.ai collects de novo clearance for BMS-backed software to spot hypertrophic cardiomyopathy

Viz.ai has received a green light from the FDA for its artificial intelligence-powered software that sifts through electrocardiograms to spot signs of a thickened or enlarged heart muscle.

Astellas wins FDA approval of eye disease drug Izervay and may have edge in market battle with Apellis

Less than four months after Astellas’ $5.9 billion buyout of Iveric Bio, the FDA has signed off on the main asset acquired in the deal, the geographic atrophy treatment Izervay.

Hospitals' risk of data breach doubles just before, after a merger deal, research shows

A recent analysis of 2010-2022 data found that the year before and after closing a merger are risky for hospitals, due to their higher public profile and the marriage of mismatching data systems.

J&J's Stelara settlement streak rolls on with Fresenius Kabi, Formycon deal

By inking a third Stelara patent settlement, Johnson & Johnson is getting more clarity around the forthcoming loss of exclusivity for its top product by sales.
 
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Resources

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Key Drivers of Sales Force Strategy in Oncology

In oncology, traditional methods for determining sales force size & structure are no longer appropriate. This paper describes the multiple drivers of sales strategy in oncology markets today.
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Learn how the right chemical inventory strategy helped save a mid-size CDMO millions of dollars while securing a stable supply of products with just-in-time delivery.
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Leading facilities practices and technologies can help improve the productivity of your research and manufacturing operations—and accelerate the journey from laboratory to saving lives.
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Novel Antibodies for the Characterization of CAR-T Cells

Download this webinar to learn how to avoid pitfalls when characterizing CAR-T cells in your development workflow, how to save time by using one antibody to examine your entire panel of CARs, and more.
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Improving the Patient Experience Through Research-Driven Design

Learn more about the current challenges and issues that eClinical technology providers are facing.

 

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