NEW: Nektar sues Eli Lilly

Today’s Big News

Aug 8, 2023

Lilly brushes off liver tox concerns after Pfizer drops an obesity candidate


Bayer ends respiratory distress drug development in latest phase 2 cleanout 


UPDATE: Nektar accuses Lilly of botching analysis of eczema, psoriasis clinical trials in lawsuit


Down to $27M, Vincerx starts 'pacing investment' in ADC to free up cash for lead cancer candidates


Crinetics, working to solve FDA hold, is blindsided by nonclinical data that sink orphan drug 


UK's Astex adds onto Merck partnership via $35M upfront for tumor suppressor protein candidates


GSK identifies bacterium with malaria-fighting potential 


Fierce Biotech M&A Tracker 2023: Ikena acquires small California biotech; Revolution for EQRx


fat from breast milk improves motor function in mouse model of cerebral palsy

The Top Line Podcast: don’t miss out on the newest episode where we discuss ASCO data, rising health tech stars, and more. Listen now.

 

Featured

Lilly brushes off liver tox concerns after Pfizer drops an obesity candidate

Pfizer’s decision to drop an obesity candidate on liver toxicity concerns in June raised a red flag for the analyst community. Could Eli Lilly’s prize-winning obesity portfolio have similar issues?
11-14
Sep
Philadelphia, PA
 

Top Stories

Bayer ends respiratory distress drug development in latest phase 2 cleanout

Bayer has dropped an acute respiratory distress syndrome drug in phase 2 development for “scientific reasons,” the German pharma giant revealed in its latest earnings results.

UPDATE: Nektar accuses Lilly of botching analysis of eczema, psoriasis clinical trials in lawsuit

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.

Down to $27M, Vincerx starts 'pacing investment' in ADC to free up cash for lead cancer candidates

Vincerx Pharma is rethinking its R&D priorities again after seeing its cash reserves dip below $30 million. The biotech is “pacing investment” in an antibody-drug conjugate candidate that survived its prior pipeline prioritization, freeing up cash to move its two lead programs through early-phase trials.

Crinetics, working to solve FDA hold, is blindsided by nonclinical data that sink orphan drug

It turns out FDA concerns were just the start of the problems for Crinetics Pharmaceuticals’ CRN04777. As the biotech worked to resolve a clinical hold on the rare disease drug, it learnt of unrelated problems that prompted it to suspend development of the candidate.

UK's Astex adds onto Merck partnership via $35M upfront for tumor suppressor protein candidates

Astex Pharmaceuticals knows a thing or two about working with a Big Pharma from lab to blockbuster status, and, now, the U.K. company is adding another line to a Merck & Co. cancer collaboration.

GSK identifies bacterium with malaria-fighting potential

Preventing malaria infection from turning into disease is one thing, but preventing transmission between mosquitoes and humans in the first place is another. Now, scientists have discovered a strain of bacteria that may be able to do just that.

Fierce Biotech M&A Tracker 2023: Ikena acquires small California biotech; Revolution for EQRx

Fierce Biotech's M&A Tracker, your one-stop shop for dealmaking in the biopharma universe.

A fat from breast milk improves motor function in mouse model of cerebral palsy

A fat in human breast milk could open the door to a much-needed treatment for the neurodevelopmental disorder cerebral palsy.

Curebase axes some staff in pivot from clinical operations to trial software

Curebase, a San Francisco-based clinical trial company, has let go of an undetermined number of employees in a pivot away from decentralized and hybrid clinical trials to focus on software products.

Merck, Ginkgo Bioworks strike deal worth up to $490M to 'optimize' biologics manufacturing

Under the agreement, Ginkgo will seek to streamline production and boost output through cell engineering and protein characterization, the companies said in a Monday release.

Novo Nordisk posts 'best-case scenario' cardio outcomes data for star obesity drug Wegovy

In a large phase 3 trial, Wegovy cut the risk of major adverse cardiovascular events by 20% compared with placebo and standard of care, Novo said Tuesday. Specifically, investigators measured Wegovy's 2.4-mg dose for its ability to cut the risk of a cardio death, heart attack or stroke.

Hims & Hers plans to launch weight loss business by year-end as revenue growth streak continues in Q2

Hims & Hers boosted the lower end of its revenue guidance by $20 million to between $830 million and $850 million for the year and also announced it was jumping into the booming weight loss market.

Fierce 50 spotlight: Innovation category chair Heather Landi

Innovation is all about solving problems, and, in healthcare and biopharma, there is an unlimited supply of challenges in need of solutions.
 
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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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Five ways to get the most from your lab and manufacturing facilities

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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