PH: IGM replaces CEO in autoimmune pivot

Today’s Big News

Oct 1, 2024

Kailera launches with $400M series A and clutch of Chinese obesity drugs


Shattuck axes CD47 program over weak efficacy data, lays off 40% of staff and loses Ono deal


IGM completes pivot from cancer to autoimmune, shaking up C-suite and hinting at layoffs


Cash-strapped Gritstone starts search for strategic alternatives as cancer vaccine data underwhelm


After phase 1 data drop, Metsera allies with Amneal for supply of GLP-1, amylin weight loss candidates


CAMP4, BioMarin ink research deal for genetic disease targets


European clinical trial network releases patient recruitment portal across continent

The Top Line Podcast: Don’t miss out on the newest episode. Listen now.

 

Featured

Kailera launches with $400M series A and clutch of Chinese obesity drugs

Kailera Therapeutics has launched into the increasingly crowded obesity space with a portfolio of assets acquired from China and $400 million in series A funds.
 

Top Stories

Shattuck axes CD47 program over weak efficacy data, lays off 40% of staff and loses Ono deal

Shattuck Labs has hammered another nail into the coffin of CD47. After seeing a “modest” effect on survival in blood cancer, the biotech axed its candidate, pivoted to a preclinical program and gave 40% of its employees pink slips.

IGM completes pivot from cancer to autoimmune, shaking up C-suite and hinting at layoffs

IGM Biosciences ended last year laying off staff and streamlining its cancer pipeline. Now, the company has become the latest to join a hot trend in cell therapy biotech—pivoting from oncology to autoimmune disease.

Cash-strapped Gritstone starts search for strategic alternatives as cancer vaccine data underwhelm

Gritstone bio has brought in bankers to explore “potential value-maximizing strategies” after its phase 2 colorectal cancer vaccine data fell short of the runaway success needed to transform its fortunes.

After phase 1 data drop, Metsera allies with Amneal for supply of GLP-1, amylin weight loss candidates

Metsera is teaming up with generics and specialty drug maker Amneal Pharmaceuticals, which will now serve as the biotech’s “preferred supply partner” for developed markets.

CAMP4, BioMarin ink research deal for genetic disease targets

BioMarin is adding kindling to the R&D fire, striking a match with CAMP4 Therapeutics for rights to select two targets identified by the biotech’s RNA platform designed to help create treatments for genetic diseases.

European clinical trial network releases patient recruitment portal across continent

After a six-month beta testing period, the European Clinical Trials Information Network is rolling out its patient recruitment platform across Europe.

Florey Biosciences spins out of Harvard's Wyss Institute to cook up probiotic medical foods

The company seeks to spare our guts from antibiotics using genetically modified microbes and a unique regulatory approach.

Pfizer gins up £2.4B after unloading hundreds of millions of Haleon shares

Pfizer has sold 640 million shares in Haleon for 380 pence (roughly $5.09) apiece. The sale amounts to a total value of 2.43 billion pounds sterling (about $3.26 billion) and follows a similar move in March.

J&J gives up controversial plan for 340B rebates 'due to HRSA's unwarranted threats'

The drugmaker told HRSA Monday it has "no choice" but to forego a requirement for DSH covered entities to obtain their drug discounts via rebate.

Amid ADC push, Piramal pumps $80M into expansion of Kentucky injectables site

Piramal Pharma Solutions, a unit of Indian CDMO Piramal Pharma, plans to spend $80 million to expand its sterile injectables manufacturing facility in Lexington, Kentucky.
 
Fierce podcasts

Don’t miss an episode

ESMO, WCLC lung cancer data spark hope—and debate

In this week's "The Top Line," Fierce journalists discuss key issues from promising but debated lung cancer data at recent conferences.
 

Resources

Whitepaper

Accelerating Timelines to Clinic with GPEx® Lightning

Unlock the Future of Biotherapeutics with Catalent Biologics!
Whitepaper

Epilepsy Clinical Trials

Finding an effective epilepsy treatment can be arduous. Download this brochure to delve into how IQVIA's expertise and innovative strategic approach can streamline the clinical trial process, helping to get new therapies to patients who need them sooner.
Whitepaper

Unique Solutions for Drug Discovery and Development

Unique Solutions for Drug Discovery and Development
Whitepaper

Why Biotech Sponsors Need Outside Support: IRB, IBC, DMCs, and EACs

When the fate of your company hangs in the balance, you need expert guidance to navigate the complexities of biotechnology development and to make informed decisions.
Whitepaper

HPV-based cervical cancer screening: Gaining insights in sample preference and cost-effectiveness.

Power non-invasive, self-sampling solutions using the Colli-Pee™️ first-void urine collection device. Learn more.
Whitepaper

Overcoming drug development hurdles with phase-appropriate technology transfers

Facing roadblocks in drug development? Uncover how phase-appropriate technology transfers can help you navigate challenges and speed up your journey to market.

 

Industry Events

On Helix

Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

Upcoming Fierce Events

30-1
Sep-Oct
Boston, MA
30-1
Sep-Oct
Boston, MA
18-19
Nov
Free Virtual Event
20
Nov
Free Virtual Event
27
Nov
Submissions Deadline Sept 12th

View all events