Biotech layoffs hit '22 total

Today’s Big News

Aug 21, 2023

Gilead's magrolimab once again placed on partial clinical hold, another setback for Forty Seven bet


Moderna reveals Claudin18.2 ambitions via cancer vaccine, solid tumor CAR-T combo plans


Fierce Biotech analysis: 2023 biopharma layoffs now match 2022’s total 


Hutchmed eyes Chinese approval for autoimmune disorder drug after phase 3 success 


Pink Floyd song reconstruction from brain waves adds another brick to the future of voice and hearing technology 

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

Gilead's magrolimab once again placed on partial clinical hold, another setback for Forty Seven bet

Exactly a month after Gilead revealed it had shelved a myelodysplastic syndromes program for magrolimab, the molecule has been placed under a partial clinical hold by the FDA for its phase 3 acute myeloid leukemia studies.
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Top Stories

Moderna reveals Claudin18.2 ambitions via cancer vaccine, solid tumor CAR-T combo plans

What could be hotter than Moderna getting in the Claudin18.2 race? How about pairing up this mRNA therapeutic cancer vaccine with a solid tumor-targeting CAR-T?

Fierce Biotech analysis: 2023 biopharma layoffs now match 2022’s total

Layoffs in the biotech industry for 2023 have matched the total number of companies that cut staff in all of 2022, with 119 biopharmas reporting workforce reductions so far this year, according to an analysis of Fierce Biotech data. 

Hutchmed eyes Chinese approval for autoimmune disorder drug after phase 3 success

Hutchmed is gearing up to submit sovleplenib for approval in the company’s native China after the Syk inhibitor scored a phase 3 win.

Pink Floyd song reconstruction from brain waves adds another brick to the future of voice and hearing technology

Researchers have, for the first time, reconstructed a tune from a person’s brain activity as they listened to a song, a feat that marks a major milestone in scientists’ ability to decode and understand how the brain perceives music. It could eventually make assistive voice technologies and speech prosthetics better at replicating human speech by improving their prosody.

Roche, Exelixis' Tecentriq-Cabometyx combo rebounds with partial win in previously treated prostate cancer

Roche’s immuno-oncology star Tecentriq plus Exelixis and Ipsen’s tyrosine kinase inhibitor Cabometyx helped patients with pretreated metastatic castration-resistant prostate cancer live longer without their disease getting worse, the partners said Monday. In turn, the combo therapy hit one of two primary endpoints in the phase 3 CONTACT-02 trial.

AI drug designer Genesis Therapeutics forges $200M round with eye on clinical testing

First spun out of Stanford University in late 2019, the company's deep learning platform helps design small-molecule drug compounds and predicts how they interact with the body.

After Regeneron scores FDA nod for high-dose Eylea, it’s game on in showdown with Roche’s Vabysmo

With the FDA signing off on Regeneron and Bayer’s high-dose Eylea, the companies are set to take on Roche’s Vabysmo in a high-stakes battle for the massive eye disease market.

List prices for Ozempic, Wegovy far higher in the US than in peer nations: KFF

It's not a secret that Americans pay far more than people living in other countries for drugs, and those data hold for trendy weight loss and diabetes treatments like Ozempic and Wegovy.

The CDC works to overhaul lab operations after COVID test flop

Failure to make sweeping changes could add to a growing lack of trust in the agency post-pandemic and threaten the nation’s preparedness for the next public health threat.
 
Fierce podcasts

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'Podnosis': The challenges with new email policies, and the importance of diverse investors and founders

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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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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