Novo Nordisk signs $1.3B deal for Kerendia rival

Today’s Big News

Oct 16, 2023

Omeros stops kidney disease phase 3 after interim review fail, cutting thread holding up stock price


As 'harvest time' arrives for Alzheimer's, neuroscientist reflects on next steps for drug development


Novo Nordisk, with coffers filling with cash, buys rival to Bayer's kidney drug Kerendia in $1.3B deal


After 'live fire exercise' with COVID-19, SAB turns tactical experience back to diabetes program


Rain Oncology is latest troubled biotech to receive acquisition offer from Concentra 


Days after halting lead asset, Sotio signs $740M deal to access Synaffix's ADC tech


Probiotics punch up CAR-T therapy for solid tumors in mice

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

 

Featured

Omeros stops kidney disease phase 3 after interim review fail, cutting thread holding up stock price

Omeros has stopped a phase 3 trial of narsoplimab in kidney disease patients after an interim analysis found it was destined to fail, adding another plot line to its epic, ongoing attempt to get the candidate to market.
 

Top Stories

As 'harvest time' arrives for Alzheimer's, neuroscientist reflects on next steps for drug development

Howard Fillit, M.D., remembers a time when doctors didn’t have a name for the condition that robbed elderly patients of their memory. He’s a geriatrician and neuroscientist, but also the co-founder and chief science officer for the Alzheimer’s Drug Discovery Foundation.

Novo Nordisk, with coffers filling with cash, buys rival to Bayer's kidney drug Kerendia in $1.3B deal

Novo Nordisk is putting its soaring sales to work, agreeing to pay up to $1.3 billion for KBP Biosciences’ phase 3 challenger to Bayer’s chronic kidney disease drug Kerendia.

Tanvex CDMO - Accelerating Biologics to Patients

Reacting to the growth of biotherapeutics, Tanvex BioPharma USA, Inc., is set to launch Tanvex CDMO, a full-service CDMO specializing in mammalian- and microbial-derived biologics and biosimilars.

After 'live fire exercise' with COVID-19, SAB turns tactical experience back to diabetes program

In September 2019, a tiny company named SAB Biotherapeutics signed a little contract with the U.S. Department of Defense that included the development of an antibody treatment into phase 1 for “an unknown threat.” The rest, as they say, is history.

Rain Oncology is latest troubled biotech to receive acquisition offer from Concentra

Five months after its acquisition of Atea Pharmaceuticals fell through, Concentra Biosciences has set its sights on another struggling biotech: Rain Oncology.

Days after halting lead asset, Sotio signs $740M deal to access Synaffix's ADC tech

The acquisition of Synaffix continues to look like a good move by Lonza, with a cancer-focused biotech signing a $740 million biobucks deal to access its antibody-drug conjugate capabilities.

Probiotics punch up CAR-T therapy for solid tumors in mice

Probiotics could be the key to making universal chimeric antigen receptor T cell therapies work for solid tumors, new research has suggested.

With COVID product sales in free-fall, Pfizer slashes revenue forecast by $9B and preps for major cost cuts

Pfizer has slashed its 2023 revenue projection by $9 billion because of declining demand for COVID products. The company now expects sales to reach between $58 billion and $61 billion, down from a prior range of $67 billion to $70 billion. Pfizer chalked up most of the decline to a $7 billion decrease in its projection for sales of oral antiviral Paxlovid. The company has also cut its forecast for sales of COVID vaccine Comirnaty by $2 billion.

AbbVie trumpets Skyrizi's resounding win against J&J's Stelara in Crohn's disease

AbbVie already shared last month that its Skyrizi had trounced Johnson & Johnson’s rival biologic drug Stelara in Crohn’s disease. Now, detailed trial results show just how decisive Skyrizi’s win is.

Fierce Biotech Fundraising Tracker '23: Atom breaks open $83M series D; Agomab corrals $100M series C

Alongside the new year, we've launched a new Fierce Biotech Fundraising Tracker to keep the pulse on the industry's financing.

Lonza expands antibody collab, adds plans for new filling line and 100-plus jobs at future Swiss site

Lonza's expanded collaboration with a "major biopharmaceutical partner" came right after a separate similar announcement. The latest project will allow Lonza to add 115 jobs in Switzerland.
 
Fierce podcasts

Don’t miss an episode

'The Top Line': Unraveling Alzheimer's disease treatments and a look ahead

In this episode of "The Top Line," Fierce Biotech's Annalee Armstrong engages in a conversation with Howard Fillit, M.D., an expert in the field of Alzheimer's research and the co-founder and chief science officer at the Alzheimer's Drug Discovery Foundation. They delve into the pioneering work being done in Alzheimer's research, discuss the latest breakthroughs, and explore the ongoing efforts to combat this complex disease.

 

Resources

Whitepaper

What Are the Benefits of Generative AI for Pharma?

From trial site feasibility and patient populations to data analysis, generative AI has the potential to revolutionize drug discovery and clinical trial recruitment at both the therapeutic area and indication level.

eBook

Improving yield and reproducibility with advanced sample prep

Learn how to get better results from suboptimal biospecimens for NGS and protein analysis.
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Accelerate drug discovery with high-performance computing powered by the cloud

Accelerate drug discovery with high-performance computing (HPC) powered by the cloud
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Discover Strategies for Combatting Disruptions in Gene Therapy Development

Cell and gene therapy development has exploded, with Q4 2022 showing more FDA approvals than over the past five years combined.[1]
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Understanding the hidden value of quality

Uncover the keys to efficient bioprocessing, including how outsourcing quality management can reduce risk, save time and money, and expedite biologics development.
Webinar

From Lead Optimization to Drug Candidate Triage: A Data-Driven Approach to Drug Discovery

Embark on an in-depth journey through the pivotal Make-Test-Decide Workflow, where collaboration and data-driven decisions play a paramount role in the intricate landscape of drug discovery. Watch now to learn how cloud implementation fosters accessibility and collaboration, revolutionizing research across locations and companies.

Whitepaper

Ensuring a Reliable Biopharmaceutical Supply in the EU

Economic and regulatory factors are making biopharma supply chains more complex in the EU. This paper explores strategies that biopharma companies can use to better manage complexity, cost, and risk.
Whitepaper

Biology Informatics Solutions Brochure

From Assay Development Through Large Molecule Development. Streamline your R&D workflows and gain valuable insights with our Biology Solutions Brochure. Download now to discover how to control your laboratory workflows across various assay techniques, modalities, and data types.
eBook

An Introduction to Organ-on-a-Chip Technology

Emulate in vivo biology with next-generation in vitro technology.
 

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