Featured Story | By Annalee Armstrong We’re seeing a seemingly unprecedented reckoning from biotech C-suites, where executives are making tough calls about continuing to keep the lights on or cutting once-promising candidates. read more |
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Top Stories By James Waldron GSK has passed on the chance to go all-in on one of its cancer collaborations with Ideaya Biosciences, but the precision medicine company feels fine about the decision. read more By Nick Paul Taylor Pyxis Oncology is slimming down after a tough start to life on public markets, pausing work on two assets and stopping development of a third altogether to focus its cash on getting its lead programs to clinical data drops. read more By Nick Paul Taylor Atai Life Sciences is among the better-capitalized biotechs, ending June with $312 million left over from its private rounds and IPO. But the mental health player has still joined the growing list of companies that are trimming their pipelines and taking on debt to keep priority programs moving forward read more By James Waldron Clene Nanomedicine has chalked up a win for its gold nanocrystal suspension to treat multiple sclerosis—although it looks like the COVID-19 pandemic may have lent a helping hand. read more By Max Bayer Checkpoint is calling it quits on a phase 3 combo trial of its lead cancer med because of the ongoing war in Ukraine. The company had the majority of its trial sites in Russia and says it's dealt with a "substantially longer" enrollment period than expected. read more By Gabrielle Masson AgeX Therapeutics, a preclinical biotech looking to turn back the clock on aging, may have to wind down, announcing “substantial doubt” about its ability to continue as money runs dry and debts mount. read more By Fraiser Kansteiner After clearing the Senate early last week, the Democrats’ Inflation Reduction Act bill has made its way through the U.S. House of Representatives, paving the way for Medicare to bargain for drug prices, cap out-of-pocket costs for seniors and more. Despite the fierce resistance from the drug industry, analysts say the bill won't be so bad for biopharma players. read more By Andrea Park After a whirlwind 2021 that saw Boston Scientific gobbling up a handful of smaller companies left and right, the medtech giant’s M&A appetite seems to have slowed. read more By Kevin Dunleavy Despite a bevy of economic challenges in the second quarter, the biopharmaceutical industry got through the period with solid sales as 15 of the top 24 companies saw a revenue increase over the second quarter of 2021. Pfizer, AstraZeneca and Merck were the top gainers while Regeneron and BioNTech took the largest hits. read more By Heather Landi Digital healthcare platform GoodRx had good news to share during its second-quarter earnings call as it settled a costly spat with a grocery chain's drug store and posted financial results that beat Wall Street forecasts. read more By Conor Hale The rainy day money for potential legal troubles dragged Illumina's quarterly income into the red, while sales slumped due to global macroeconomic challenges and the company cut back its financial outlook for the year. read more |  | New Product Planning Summit September 19-20, 2022 | Boston, MA Join us for the ONLY conference for defining how the new product planning role and related functions make informed, value-based, data-driven decisions about products in the pipeline. Register now! |
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