Digging up the biotech graveyard

Today's Big News

Nov 21, 2022

Merck & Co. inks $1.4B blood cancer biotech buyout to muscle in on Bristol Myers, Novartis

Merck KGaA turns to deals, 'leaner' organization to expedite R&D. Will layoffs follow?

Special Report: The 2022 Biotech Graveyard

AbbVie's Roche-rivaling blood cancer bispecific gets FDA priority review, triggering Genmab payday

Bristol Myers CEO already reassessing portfolio in wake of US pricing law: report

Replay at it again, this time targeting rare skin disease with 2nd company launch

 

Featured

Merck & Co. inks $1.4B blood cancer biotech buyout to muscle in on Bristol Myers, Novartis

Merck has opened its wallet wide to buy a midphase treatment for life-threatening diseases of the bone marrow, paying $1.35 billion to snap up Imago BioSciences for its oral LSD1 inhibitor bomedemstat.
 

Top Stories

Merck KGaA turns to deals, 'leaner' organization to expedite R&D. Will layoffs follow?

Merck KGaA is turning to business development to bolster its pipeline amid a company-wide effort to massively expedite clinical development. But efforts to become a "leaner" organization may mean layoffs are on the horizon.

The 2022 Biotech Graveyard

Amid a tumultuous biotech market, clinical dead ends can be even more financially perilous. This year's Biotech Graveyard takes a look back at some of the companies that were forced to close up shop.

AbbVie's Roche-rivaling blood cancer bispecific gets FDA priority review, triggering Genmab payday

AbbVie and Genmab have glided into Roche’s slipstream in the race to bring a CD3xCD20 bispecific to market, securing FDA priority review and a May decision date—and triggering an $80 million milestone payment in the process.

Bristol Myers CEO already reassessing portfolio in wake of US pricing law: report

The Bristol Myers Squibb chief took to the pages of the U.K.’s Financial Times over the weekend to warn that the company expects to halt funding to certain drugs as a result of the government’s drug pricing legislation.

Replay at it again, this time targeting rare skin disease with 2nd company launch

Less than a month after unveiling its first gene therapy company, Replay is back again with rare skin disease-focused Telaria.

As CEO Schultz eyes retirement, Teva taps former Sandoz head Francis as its next leader

On the first day of the new year, former Sandoz chief Richard Francis will take the reins from Teva CEO Kåre Schultz, who is hanging up his CEO hat to retire on Dec. 31. The news comes a little more than two weeks after Teva said it was looking for Schultz’s replacement.

Sanders, Cassidy in line to lead pivotal Senate HELP committee in next Congress

Sens. Bernie Sanders, I-Vermont, and Bill Cassidy, R-Louisiana, are expected to lead the Senate HELP Committee, which has sway over key health policy areas.

SpaceX, ISS partner to test remote control of drug delivery technology on orbiting laboratory

The International Space Station National Laboratory is sponsoring another study of drug delivery in the thermosphere, partnering with Houston Methodist Research Institute and SpaceX to test a system in a model orbiting Earth.

HC9 Ventures closes $83M fund, builds community of investors to grow early-stage healthcare startups

HC9 Ventures closed its first fund with $83 million to invest in healthcare software and services startups at seed and series A stages. HC9's general partners say the VC firm is unique in its approach to leveraging a deeply engaged investor community and industry expertise to help guide emerging companies.
 
Fierce podcasts

Don't miss an episode

'The Top Line': Celebrating the Fiercest Women in Life Sciences

This week on “The Top Line,” we share this week's headlines and discuss the 2022 honorees in our annual Fiercest Women in Life Sciences report.

 

Resources

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Enhance the cost-effectiveness of your chemical supply chain

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Commercializing Gene Therapies – Supply Chain Considerations

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What is the most suitable dosage form technology for the Oral Delivery of Lipid-Based Formulations?
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Formulation Strategies When Transitioning From Vial to PFS

Learn how formulation development for a PFS affects manufacturing to drive the industry toward optimizing delivery of injectable products and, ultimately, improving patient care.
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The Faster Path From Pre-Filled Syringe to Auto-Injector

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Softgel Formulation Enables Oral Delivery of Testosterone

Clarus Therapeutics (Clarus) is a men’s specialty pharmaceutical company that partnered with Catalent to develop a unique and convenient drug delivery form for their hormone replacement therapy.
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Learn more about how the transition from early to late phase of a small molecule program plays a pivotal role in a program’s ultimate success.
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Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities

Orally Inhaled & Nasal Drug Delivery: A Pipeline of Opportunities
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Intranasal Drug Product Development: Formulation to Manufacturing

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