BIO CEO faces internal dissent: report

Today's Big News

Oct 10, 2022

Merck nails phase 3 sotatercept win, making good on its $11.5B Acceleron buy

Dunkirk retreat: ImmunityBio, aiming to hire 300 in 30 months, lays off staff at new facility

BIO chief executive on leave amid internal ‘dissent’ over her leadership: report

After selling startups to Novo and Pfizer, Andera raises record €456M for latest life sciences fund

 

Featured

Merck nails phase 3 sotatercept win, making good on its $11.5B Acceleron buy

Merck's sotatercept passed a critical phase 3 test for patients with pulmonary arterial hypertension, improving their distance in the six-minute walk test. The results have teed the company up to head to regulators and emphasize the lofty ambitions Merck has for the drug.
 

Top Stories

Dunkirk retreat: ImmunityBio, aiming to hire 300 in 30 months, lays off staff at new facility

ImmunityBio’s push to hire 300 people at its New York facility in 30 months has made a bad start. Rather than add to its headcount, Patrick Soon-Shiong’s biotech has outlined plans to lay off 38 people by the end of the year.

BIO chief executive on leave amid internal ‘dissent’ over her leadership: report

The CEO of the Biotech Innovation Organization (BIO), one of the top lobbying groups for the biopharma industry, is on leave amid internal dissent over her leadership, the Wall Street Journal reported.

After selling startups to Novo and Pfizer, Andera raises record €456M for latest life sciences fund

Andera Partners has raised its biggest life sciences fund yet. After smashing its previous record in 2017, the European VC shop has gone one better again this time around, reeling in 456 million pounds ($443 million) to make a fresh round of biotech bets.

Siemens Healthineers elevates corporate focus on China, splitting operations from larger Asia-Pacific region

In light of the country’s expected growth as a medtech market, Siemens Healthineers has made the decision to split China out from the Asia-Pacific region at the corporate level, elevating it to its own seat at the company’s table.

Dual approach puts the sting back in STING therapy

STING agonists have shown promise in preclinical research as mono- and adjunctive therapies, but they’ve faltered when it’s time to translate them to the clinic. Now, researchers have elucidated a mechanism that could explain why, as well as shown that a dual therapy might improve the drugs’ efficacy.

GSK's Boostrix wins maternal vaccination nod to protect babies from whooping cough

Slowly but surely over the last two decades, GSK has worked to give more people access to its tetanus, diptheria and whooping cough vaccine Boostrix. Now, expecting mothers can pass a measure of protection to their soon-to-be-born babies. On Friday, the FDA expanded use of Boostrix (Dtap) to mothers in their third trimester of pregnancy to safeguard against pertussis (whooping cough), in infants younger than two months old.

CommonSpirit Health IT security incident continues to impact facilities in multiple regions

CommonSpirit Health is managing an IT security incident affecting some of its facilities in multiple regions including Nebraska, Tennessee and Washington state. The number of facilities affected is still undisclosed as is the security of patient data following the incident which reportedly began Monday.
 
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'The Top Line': Eisai's Alzheimer’s drug, Pfizer's COVID ads

This week on "The Top Line," we talk about trial results for Eisai and Biogen's Alzheimer’s drug, which were surprisingly good, and we dig into what comes next. We also discuss how Pfizer is ramping up its DTC ad campaign for its COVID shots, most recently spending big on a booster ad for the NFL season.

 

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