Merck ends another ph. 3 amid TIGIT struggles

Today’s Big News

Aug 8, 2024

Still feting donanemab approval, Lilly faces phase 2 failure of tau-targeting med


After a tough year, Exscientia folds into Recursion to create an AI superpower


Merck stops phase 3 TIGIT trial in lung cancer for futility—and sees immune side effects again


Aldeyra shows FDA-rejected reproxalap improves eye discomfort in new phase 3 study 


Cullinan hands back bispecific to Harbour BioMed a year after paying $25M for US rights


Entero laying off staff, vacating office and pausing R&D as Mattress provides hard landing


Pepper chemical piplartine can prevent hearing loss from powerful antibiotics


Lab-grown 'mini-lungs' reveal COVID’s impact on our lungs—and potential paths to treatments

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Featured

Still feting donanemab approval, Lilly faces phase 2 failure of tau-targeting med

The confetti is still flying from Eli Lilly’s party celebrating the approval of Alzheimer’s med, but the company is yet again facing the harsh reality of the neurodegenerative disease with the failure of an early tau-targeting med.
 

Top Stories

After a tough year, Exscientia folds into Recursion to create an AI superpower

After a year defined by pipeline cuts, the departure of its CEO and layoffs, Exscientia will merge into Recursion, creating one company that has 10 clinical readouts to look forward to over the next 18 months.

Merck stops phase 3 TIGIT trial in lung cancer for futility—and sees immune side effects again

Merck & Co.’s TIGIT program has suffered another setback. Months after shuttering a phase 3 melanoma trial, the Big Pharma has terminated a pivotal lung cancer study after an interim review revealed efficacy and safety problems.

Aldeyra shows FDA-rejected reproxalap improves eye discomfort in new phase 3 study

After an FDA rejection last year, Aldeyra Therapeutics has scored a clinical win for dry eye drug reproxalap, which significantly reduced ocular discomfort in a new phase 3 study.

Cullinan hands back bispecific to Harbour BioMed a year after paying $25M for US rights

Cullinan Therapeutics was impressed enough with Harbour BioMed’s bispecific immune activator that it handed over $25 million last year for the drug's U.S. rights. But, having taken a peek at phase 1 data, Cullinan has had second thoughts.

Entero laying off staff, vacating office and pausing R&D as Mattress provides hard landing

Mattress Liquidators has turned Entero Therapeutics white as a sheet. The creditor ordered Entero to repay its loan, prompting the biotech to lay off staff from the CEO down and race to find a way out of its predicament.

Pepper chemical piplartine can prevent hearing loss from powerful antibiotics

Aminoglycosides are cheap and effective antibiotics that can come with a heavy price—hearing loss. Commonly used in developing countries and for infants in neonatal intensive care, just a few days of treatment can cause these powerful drugs to build up in the inner ear and kill the sensory hair cells that enable hearing, resulting in irreversible damage.

Lab-grown 'mini-lungs' reveal COVID’s impact on our lungs—and potential paths to treatments

Primarily a respiratory virus, our understanding of SARS-CoV-2 has been hampered by an inability to study the pathogen in its natural habitat—a living, breathing human lung. Thankfully, lung biologist Sandra Leibel, M.D., has been working with “mini-lungs” derived from human stem cells since 2012.

In Q2 earnings, Charles River Laboratories reports dip in revenue and demand

Charles River Laboratories has reported its second-quarter earnings, with the CRO seeing revenue decline from $1.06 billion in the second quarter of last year to $1.03 billion. Demand for the company’s services is likely to continue its downward trajectory through the rest of the year, according to an Aug. 7 release.

FDA blasts Bristol Myers over misleading Krazati efficacy claims

The FDA has taken Bristol Myers Squibb to task for making false or misleading claims about the efficacy of Krazati on the website for the KRAS cancer drug.

After 2023 snub, Amneal clinches approval for extended-release Parkinson's disease med Crexont

Late Wednesday, the FDA granted approval to Amneal’s Crexont—formerly known as IPX203—which is an oral, extended-release formulation of the common Parkinson’s disease drugs carbidopa/levodopa (CD/LD). The capsule, which contains a mix of immediate-release CD/LD granules and extended-release LD-coated beads, is expected to launch in the U.S. in September.

England's NICE clears Vertex, CRISPR's Casgevy in beta thalassemia after passing on sickle cell use

The cost-effectiveness regulator recommended government funding for the groundbreaking gene editing therapy in one of its two approved indications.
 
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New mandatory bundled payment model for hospitals

This week on “Podnosis” we're discussing a new payment model that could affect thousands of hospitals across the country. It's called TEAM, and it stands for Transforming Episode Accountability Model. It's a mandatory bundled payment program that covers five common procedures.
 

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2024 Life Sciences Industry Outlook

The definitive report on the state of our industry.  Readers will gain an understanding of key indicators to monitor, future predictions, and guidance for investors and founders navigating the therapeutic enabling tools and services, healthtech and techbio sectors through 2024 and beyond.
 

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