Ceribell seeks $101M IPO

Today’s Big News

Oct 7, 2024

This year's biopharma layoff rate on track with 2023: Fierce Biotech Q3 analysis


For Bristol Myers Squibb's newly approved schizophrenia drug, what a long, strange trip it's been


Seizure-spotting headset maker Ceribell seeks $101M Nasdaq IPO


Scholar Rock's phase 3 SMA trial hits goal, catapulting stock up 327%


AstraZeneca heads to regulators after Airsupra asthma trial stops early thanks to 'overwhelming efficacy'


Amid GLP-1 craze, Novo and Mylan ink patent settlement in Ozempic case


Nobel Prize in Physiology or Medicine awarded to 2 discoverers of microRNA

 

Featured

This year's biopharma layoff rate on track with 2023: Fierce Biotech Q3 analysis

As summer heat turns to cool winds, hopes that this year would bring widespread industry relief have dissipated, with quarterly layoffs evening out to similar levels as the same time last year.
 

Top Stories

For Bristol Myers Squibb's newly approved schizophrenia drug, what a long, strange trip it's been

Off the scrapheap of discarded drugs and on its way to becoming the most highly anticipated approval of 2024, Bristol Myers Squibb’s schizophrenia treatment Cobenfy (KarXT) has had an unusual odyssey and one that may serve as instructive for future drug discovery.

Seizure-spotting headset maker Ceribell seeks $101M Nasdaq IPO

The former Fierce 15 winner has priced some 6.7 million shares in the range of $14 to $16, for a proposed total market value of about $505.4 million.

UPDATED: Scholar Rock's phase 3 SMA trial hits goal, catapulting stock up 327%

A phase 3 trial of Scholar Rock’s spinal muscular atrophy candidate has hit its primary endpoint, sparking a 200%-plus premarket surge in the biotech’s stock price. Investors went wild despite the higher dose falling short of the targeted efficacy and Scholar Rock making no mention of a key secondary goal.

AstraZeneca heads to regulators after Airsupra asthma trial stops early thanks to 'overwhelming efficacy'

After winning a first-in-class nod for its two-drug inhaler Airsupra last January, AstraZeneca is bolstering the rescue treatment’s clinical package with new data showing it can cut the risk of asthma exacerbations regardless of patients’ disease severity.

Amid GLP-1 craze, Novo and Mylan ink patent settlement in Ozempic case

Mylan Pharmaceuticals and Novo Nordisk have reached a confidential settlement in a patent lawsuit tied to generic Ozempic, also known as semaglutide, India’s Natco Pharma said. Natco and Mylan—which is now part of Viatris—are working together on the development of a generic version of the massively popular diabetes drug.

Nobel Prize in Physiology or Medicine awarded to 2 discoverers of microRNA

The Nobel Assembly at the Karolinska Institute has taken a liking to RNA. The committee has awarded two American biologists the 2024 Nobel Prize in Physiology or Medicine for their discovery of microRNA, the small RNA molecules that regulate genes, one year after the prize went to scientists who conducted foundational work on mRNA vaccines.

MARAbio raises $19M to develop an antibody blood test for autoimmune-related autism

MARAbio Systems derived its name from a particular pattern of antibodies carried by the child’s mother, which research has shown can react with proteins found in the developing brain.

AstraZeneca pays CSPC $100M for preclinical heart disease drug, teeing up combos and Lilly rivalry

AstraZeneca has paid CSPC Pharmaceutical Group $100 million for a preclinical cardiovascular disease drug candidate. The deal, which covers a potential rival to an Eli Lilly prospect, positions AstraZeneca to run combination studies with an existing candidate it sees as a $5 billion-a-year blockbuster.

In long-acting HIV PrEP access showdown with Gilead, GSK moves to triple Apretude supply for certain countries

The long-acting HIV PrEP maker pledged to make at least 2 million more doses available for low-and middle-income countries in 2025 and 2026.

Judo kickstarts with $100M to develop genetic medicines that strike out kidney disease

Taking the mat is Judo Bio, an Atlas Venture-backed biotech armed with $100 million to develop oligonucleotide medicines targeting the kidney.
 
Fierce podcasts

Don’t miss an episode

Breaking down BIOSECURE—Industry implications and what comes next

This week on "The Top Line," Fierce Pharma’s Fraiser Kansteiner and Arnold & Porter’s Dan Kracov break down the BIOSECURE Act's potential impact on the life sciences industry and what comes next after the House of Representatives' recent vote.
 

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On Helix

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

 

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