| Today’s Big NewsNov 14, 2023 |
| By Fraiser Kansteiner Pfizer plans to cut approximately 500 roles and ax its Pharmaceutical Sciences Small Molecule capabilities at its site in Sandwich in Kent in the U.K. The move is a consequence of Pfizer’s enterprisewide cost realignment program, which the drugmaker unveiled in mid-October. |
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By Max Bayer Developing a functional cure for hepatitis B has proved elusive, with the pipeline of new clinical therapies incrementally growing in the last seven years. More midstage readouts and a handful of new deals are adding much-needed optimism that progress is being made. |
By Andrea Park Unfortunately for Vicarious Surgical, the robotic surgery system developer is ending the year the same way it began: with a round of layoffs. |
By Nick Paul Taylor GSK spinout Autifony Therapeutics has drummed up a collaboration with Jazz Pharmaceuticals, securing up to $770.5 million to discover and develop drug candidates against two ion channel targets associated with neurological disorders. |
By Kevin Dunleavy Add another to the list of healthcare companies joining Boston's transformed Seaport district, as Merck KGaA's pharma subsidiary, EMD Serono, said it will move its U.S. headquarters from 25 miles south in Rockland to Seaport. |
By Angus Liu One study in AstraZeneca’s elaborate R&D plan for lung cancer has reached a dead end. Failure of the Imfinzi-concurrent-chemoradiotherapy regimen deals a blow to AZ’s goal to target more than half of lung cancer patients by 2030. |
By Andrea Park Just a few months after the official U.S. launch of its Sensora platform, Eko Health has published a study detailing the real-world performance of the platform’s first artificial intelligence-powered heart disease detection tool. |
By James Waldron Telix Pharmaceuticals has offered to pay $33.1 million for Qsam Biosciences so the Australian biotech can get its hands on a phase 1 radiopharmaceutical for bone cancer. |
By Kevin Dunleavy In the clinic, Dermavant’s Vtama is progressing nicely as trial results have paved the way for it to be approved for atopic dermatitis (eczema) on top of its current indication for plaque psoriasis. In the market, however, Vtama is struggling to catch on. As a result, Leerink Partners has slashed its sales projections for the nonsteroidal topical treatment. |
Fierce podcasts Don’t miss an episode |
| In this episode of “The Top Line,” we explore the next potential wave of mental health therapy: psychedelics. |
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