| Today’s Big NewsAug 16, 2023 |
| By James Waldron The path to potential approval for bluebird bio’s lovo-cel has become slightly smoother after the FDA confirmed it will not be holding an advisory committee meeting before making a decision on the sickle cell disease gene therapy in December. |
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| Philadelphia, PA | |
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By Nick Paul Taylor Precision BioSciences has moved quickly to partner its CAR-T cell therapy candidate. Nineteen days after confirming it planned to partner the program, the biotech has agreed to offload the asset to Imugene for $21 million upfront and much more on the back end. |
By Max Bayer Cruising on the midstage clinical success of a brain cancer therapy, Day One Biopharmaceuticals is using the wind at its sails to bolster the back of its pipeline with a $3 million upfront deal for Sprint Bioscience's preclinical program. |
By Nick Paul Taylor Impel Pharmaceuticals’ money miseries have left it looking to lenders for leniency. In breach of a credit agreement, the developer of intranasal drugs has warned it may have to sell assets or file for bankruptcy if it is unable to restructure its deal and secure fresh funding. |
By Fraiser Kansteiner Earlier this week, a securities filing showed Biogen beat out another Big Pharma rival in its quest to obtain Texas-based rare disease outfit Reata. That company’s identity has been revealed as Sanofi, Bloomberg reports, citing people close to the matter. |
By Andrea Park It’s not often that a sequel is better than the original, but one startup developing a new approach to period products is banking on it. |
By Nick Paul Taylor AstraZeneca’s promotion of Breztri Aerosphere has landed it in hot water with the FDA. The agency says an AstraZeneca sales aid made “misleading” claims about the effect of the inhaler on all-cause mortality, prompting it to send a warning letter to CEO Pascal Soriot. |
By Fraiser Kansteiner Concern over the cost of prescription drugs is becoming less of a policy issue and more of a “core value” for voters across party lines, a pollster found. Two pollsters presented results from their recent survey on Tuesday. |
Fierce podcasts Don’t miss an episode |
| This week on "Podnosis," we take a closer look at the challenges with new email policies, and the importance of diverse investors and founders. |
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