AI-based Enveda clinches $130M

Today’s Big News

Nov 21, 2024

Novartis, assessing peers’ muscular dystrophy failures, pens $1.1B deal for gene therapy biotech


Amgen taps Stanford's Howard Chang to take CSO reins from R&D chief Jay Bradner


Enveda raises $130M series C to take more AI-discovered compounds into the clinic


Novartis 'took data to heart' before slimming clinical pipeline by 40%, says CEO


Versant debuts Pep2Tango, a next-gen peptide biotech hoping to redefine obesity treatment


Trump leans toward selecting surgeon and COVID mandate critic Martin Makary for top FDA job: reports


Viking pads case for MASH drug with final ph. 2 data showing significant reductions in liver fibrosis


Kyowa Kirin fronts $330M to share rights to Kura's leukemia drug ahead of push to FDA


Novartis taps Vyriad’s viral vectors to develop in vivo T cell editing

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Featured

Novartis, assessing peers’ muscular dystrophy failures, pens $1.1B deal for gene therapy biotech

Novartis had one eye on the struggles its peers have encountered in the muscular dystrophy space recently when it decided to acquire Kate Therapeutics, according to the Big Pharma’s CEO.
 

Top Stories

Amgen taps Stanford's Howard Chang to take CSO reins from R&D chief Jay Bradner

In a few weeks, Howard Chang, M.D., Ph.D., will join Amgen, filling the roles both of senior vice president of research and chief scientific officer.

Enveda raises $130M series C to take more AI-discovered compounds into the clinic

Enveda, a company using AI to boost nature-based drug discovery, is envisioning clinical success with a $130 million series C fundraising round. The round was led by Kinnevik and FPV with other new and existing investors such as Dimension Capital, Lux Capital and The Nature Conservancy also taking part.

MRD Takes Center Stage: Accelerating Drug Approvals for Multiple Myeloma

Discover how minimal residual disease (MRD) assessment is accelerating multiple myeloma drug development through FDA's latest guidance.

Novartis 'took data to heart' before slimming clinical pipeline by 40%, says CEO

Novartis has slimmed down its clinical-stage programs by nearly 40% in recent years as the Big Pharma “took to heart” data showing it wasn’t getting good value from its medicines, CEO Vas Narasimhan, M.D., told investors.

Dell Technologies on the data transformation in life sciences

Head of Life Sciences Strategy Alex Long shares key insights and advice for IT professionals working to enable healthcare’s technology transformation.

Versant unveils Pep2Tango, a next-gen peptide biotech hoping to redefine obesity treatment

VC firm Versant Ventures is unveiling Pep2Tango Therapeutics, a biotech developing next-gen obesity therapeutics with multiple targets in hopes of overcoming limitations tied to GLP-1 treatments.

Trump leans toward selecting surgeon and COVID mandate critic Martin Makary for top FDA job: reports

The Johns Hopkins surgeon was an outspoken critic of vaccine mandates during the COVID pandemic, favoring natural and herd immunity instead. Bloomberg and Reuters, citing sources, reported on the potential selection.

Viking pads case for MASH drug with final ph. 2 data showing significant reductions in liver fibrosis

Viking Therapeutics has unveiled the final results of its phase 2b VOYAGE trial of oral small molecule VK2809 in metabolic dysfunction associated steatohepatitis (MASH). At the 52-week mark, the drug reduced liver fat content by an average of 37% to 55% compared to baseline, with all treatment arms showing statistically significant improvements compared to placebo.

Kyowa Kirin fronts $330M to share rights to Kura's leukemia drug ahead of push to FDA

Kyowa Kirin is fronting $330 million and pledging up to $1.1 billion in milestones to split the U.S. profits of Kura's oral leukemia treatment as well as to secure the commercialization rights for the rest of the world.

Novartis taps Vyriad’s viral vectors to develop in vivo T cell editing

Novartis is looking to edit the genomes of patient T cells without the immune cells ever needing to leave the body. To develop this next generation of in vivo T cell therapy, the Big Pharma has bought into Minnesota-based Vyriad’s suite of lentivirus vectors.

Jazz's HER2 bispecific snags FDA nod, teeing up showdown with AZ and Daiichi's Enhertu

A bispecific antibody has entered the HER2 fray with a differentiated profile from traditional agents and a chance to challenge AstraZeneca and Daiichi Sankyo’s star ADC Enhertu.
 
Fierce podcasts

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Misconduct and the future of neurodegenerative disease research

This week on "The Top Line," we explore a neuroscientist's alleged misconduct and its impact on the future of neurodegenerative disease research.
 

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Planning for success in cell-based manufacturing

Learn how to evaluate quality documentation to help you select the right raw materials at early decision points for your cell-based manufacturing processes.
 

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On Helix

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

 

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