TauRx pushes on with Alzheimer's FDA filing despite ph. 3 fails
 

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Lilly inks $425M biobuck drug discovery pact with Schrödinger

Eli Lilly has joined Schrödinger’s growing stable of drug development partners, putting up $425 million in milestones to access small-molecule candidates against an undisclosed target.
 

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Tour de biotech: Cyclerion peddles through another disease area, laying off 45% amid heel turn toward mitochondria

Cyclerion is shifting its clinical gears once more, divesting from targets in the central nervous system to focus instead on mitochondria-focused diseases. The pivot is resulting in layoffs for 45% of the workforce.

TauRx's Alzheimer's trial failed to deliver the pre-specified analyses. It plans to seek approval anyway

TauRx Pharmaceuticals is set to test the regulatory bar for approval of Alzheimer’s disease drugs in the post-Aduhelm world. The company was unable to show how its drug candidate performed compared to the control arm in a phase 3 clinical trial—but it plans to use the dataset to seek approval anyway.

Boehringer sets sights on Surrozen’s preclinical retinal disease asset in $600M deal

Boehringer Ingelheim has its eyes on Surrozen, paying the California biotech $12.5 million cash for its preclinical asset designed to help regenerate healthy eye and potentially reverse retinal disease.

Versant-founded Nested flies off with $90M series A to fund molecular glue program

Nested Therapeutics has emerged from stealth mode with $125 million in the bank to fund its preclinical pipeline of precision medicines for hard-to-treat cancers. The money includes $90 million from a concurrent series A led by Goldman Sachs’ life sciences investment arm.

Amgen unveils its second-largest R&D site, opening 245,000-square-foot facility in San Francisco

Amgen is the second Big Pharma in roughly two weeks to unveil a new R&D facility in San Francisco, opening a 245,000-square-foot site in Oyster Point. The company says the facility will host up to 650 staff.

Sanofi inks deal with TrialSpark to find, license new drugs

Sanofi has inked a partnership with clinical study tech company TrialSpark in an effort to leverage novel methods to help identify and bring new drugs to market.

How ROS loss leads to inflammatory bowel disease

Scientists have characterized the mechanism by which reactive oxygen species protect intestinal cells from excessive inflammation, opening the door to new IBD treatments.

BMS sees potential for ConcertAI's digital trial service to become 'gold standard' for oncology trials

Bristol Meyers Squibb has high expectations for ConcertAI's digital solution for clinical trials, suggesting it could become the "gold standard" for studying oncology therapies.

AstraZeneca takes home two more computer-generated drug targets from BenevolentAI

That amounts to five hits from the collaboration so far, with the latest additions aimed at chronic kidney disease and idiopathic pulmonary fibrosis.

Sign of the times? US stocks up on Amgen's radiation sickness drug Nplate

Wednesday, the U.S. Department of Health and Human Services (HHS) said it’s throwing down $290 million to lock up an undisclosed amount of Amgen’s blood disorder med Nplate, which is approved to treat blood cell injuries linked to acute radiation syndrome (ARS) in kids and adults.

More former Bristol Myers employees sue over COVID-19 vaccination brouhaha

Four former Bristol Myers Squibb employees who were fired by the company for refusing to be vaccinated against COVID-19 have filed a lawsuit. They claim BMS did not properly consider making accommodations for their religious beliefs.
 
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This week on "Podnosis," we talk about how how frequent cyberattacks are impacting patient care and what hospitals and health systems can do to shore up their defenses. Also under discussion is how social drivers of health are finally being recognized by the CMS.
 

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Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

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

 

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