Incyte scoops up biotech to expand in vitilogo

Today's Big News

Oct 3, 2022

Spying a devilish deal, AstraZeneca pays 666% premium to buy genomic medicine biotech

Clene break: Biotech’s shares slump 30% on ALS phase 2 flop

Incyte scoops up preclinical biotech to widen footprint in vitiligo

SPAC on track: Preclinical T-cell company Estrella latest in string of biotechs to take blank check route

After $100M deal, J&J links gene therapy to improved vision in early-phase trial

Mesoblast keeps hopes of cell therapy approval alive in latest response to FDA

Fierce Biotech Summit: Gene editing execs reflect on promises and challenges as CRISPR celebrates 10-year anniversary

Scandion posts phase 2 trial flop just one month after the departure of 2 top execs

Don't junk DNA as study shows new role in brain disease

 

Featured

Spying a devilish deal, AstraZeneca pays 666% premium to buy genomic medicine biotech

AstraZeneca has identified a shortcut to prominence in the genomic medicine space. Working through its Alexion rare disease unit, the Big Pharma has struck a deal to snap up struggling LogicBio Therapeutics to secure technology platforms and expertise in their use.
 

Top Stories

Not so Clene break: Biotech’s shares slump 34% on phase 2 ALS flop despite plans to continue testing

Clene Nanomedicine came up short in a phase 2 trial of its only clinical-stage asset in amyotrophic lateral sclerosis but is nonetheless laying a path forward for the drug in ALS. As a result, the biotech’s shares plummeted 34% from $2.80 apiece on Friday to $1.83 as the markets opened Monday.

Incyte scoops up preclinical biotech to widen footprint in vitiligo

Incyte is scooping up a preclinical biotech to potentially expand its vitiligo treatment footprint. The company is shelling out $70 million upfront to buy Villaris Therapeutics, with more than $1.36 billion available in biobucks.

SPAC on track: Preclinical T-cell company Estrella latest in string of biotechs to take blank check route

A string of recent biotech SPAC mergers in biotech could put the so-called blank check deals back on track after near-extinction. The latest is early-stage cancer therapeutics company Estrella Biopharma, which signed a deal to merge with TradeUP Acquisition. Corp.

After $100M deal, J&J links gene therapy to improved vision in early-phase trial

Johnson & Johnson has posted clinical data on its $100 million gene therapy bet. The Big Pharma linked its inherited retinal disease candidate to improved vision in a phase 1/2 clinical trial, offering insights into how it may perform in an ongoing pivotal study.

Mesoblast keeps hopes of cell therapy approval alive in latest response to FDA

Mesoblast isn’t giving up on its allogeneic cell therapy remestemcel-L. The FDA knocked back the biotech in September 2020, issuing a complete response letter to Mesoblast’s approval request for its mesenchymal stromal cell therapy in children with steroid-resistant graft-versus-host disease.

Fierce Biotech Summit: Gene editing execs reflect on promises and challenges as CRISPR celebrates 10-year anniversary

The first wave of gene-editing-based therapies are coming to fruition. At the recent Fierce BIotech Summit, executives from Beam, Intellia, Novartis and Tessera highlighted progresses in the burgeoning field in the past ten years as well as challenges before gene editing could reach more patients.

Scandion posts phase 2 trial flop just one month after the departure of 2 top execs

Just a month after two top executives announced their departure, Scandion posted a phase 2 flop of its sole asset. The company says SCO-101 failed to produce a high enough tumor reduction rate to pass the trial's primary endpoint.

Don't junk DNA as study shows new role in brain disease

Researchers at the University of Sheffield have discovered that junk DNA, or non-coding DNA, can break—and if it isn’t repaired, can contribute to the development of neurodegenerative disease. They hope their findings will lead to the identification of disease biomarkers along with new therapies.

Tasso's at-home blood sample collectors to arm Catapult's virtual checkups

Catapult will propel the Tasso+ blood collector into people's homes as part of its VirtualCheckup program.

Otsuka's Taiho Oncology bags approval for bile duct cancer med Lytgobi, teeing up showdown with BridgeBio and Incyte

Late last week, Otsuka’s Taiho Oncology and Taiho Pharmaceutical nabbed accelerated approval for their drug futibatinib in adults with previously treated, unresectable, locally advanced or metastatic cholangiocarcinoma in the liver with fibroblast growth factor receptor 2 (FGFR2) gene fusions or other rearrangements.

Even 'relatively weak' hurricane could sideline hundreds of coastal hospitals, study warns

A new analysis estimates 25 coastal metros would see the majority of their hospitals hamstrung by a Category 2 hurricane or stronger. The number is only expected to increase as climate change raises sea levels.

MIT team develops burrowing robotic pill to break through the intestine's drug-blocking mucus

Researchers at the university have developed a motorized pill with a spinning, augerlike end piece designed to displace the mucus and deliver its payload directly to the organ.
 
Fierce podcasts

Don't miss an episode

'The Top Line': What makes the Fierce 15 honorees tick, Fierce Biotech Summit's spotlight on gene editing and the bear market

This week on "The Top Line," we talk with many of the Fierce 15 honorees to find out what makes them unique. We also share highlights from the Fierce Biotech Summit on gene editing innovations and battling biotech's bear market.
 

Resources

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The Faster Path From Pre-Filled Syringe to Auto-Injector

Ypsomed and Catalent Biologics experts discuss strategies for integrated PFS manufacturing and auto-injector assembly to accelerate timelines and more in this webinar.
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Read through this library of resources to find out how you can strengthen innovation and efficiency, improve safety and quality, and prioritize resources to support your long-term goals.

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Softgel Formulation Enables Oral Delivery of Testosterone

Clarus Therapeutics (Clarus) is a men’s specialty pharmaceutical company that partnered with Catalent to develop a unique and convenient drug delivery form for their hormone replacement therapy.

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Learn more about how the transition from early to late phase of a small molecule program plays a pivotal role in a program’s ultimate success.

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Plan for scalable process liquid and buffer preparation

Explore how Thermo Scientific’s Process Liquid Preparation Services can help you plan for scalable buffer preparation.

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Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

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Catalent Pulmonary & Nasal Delivery Capabilities Sheet

Did you know Catalent has newly expanded in-house capabilities spanning clinical and commercial scale manufacturing for DPIs, unit-dose, bi-dose and preserved multi-dose nasal sprays?

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What are key considerations for intranasal delivery in the treatment of acute and chronic conditions?

 

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