Alligator axes 70% of jobs

Today’s Big News

Dec 2, 2024

Novartis pays PTC $1B upfront for midphase Huntington's program, re-establishing itself in R&D race 


FDA rejects Applied filing for rare disease approval on clinical grounds, sinking stock 


Alligator Bioscience clamps down on costs with plans to lay off 70% of workforce to stay afloat 


Merus' head and neck cancer candidate bolsters 'best-in-disease' profile with new data drop: analyst


Quantoom, Univercells and Fiocruz ink collaboration to bolster RNA-based vaccines in Brazil and beyond


Race is on for oral obesity drugs with multiple phase 3 trials vying for next-gen status in a $126B market


Fierce Healthcare's Women of Influence in 2024 

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

 

Featured

Novartis pays PTC $1B upfront for midphase Huntington's program, reestablishing itself in R&D race

Novartis is paying $1 billion up front for global rights to PTC Therapeutics’ midphase Huntington's disease program, helping the biotech bounce quickly back from disappointing data on another program.
 

Top Stories

FDA rejects Applied filing for rare disease approval on clinical grounds, sinking stock

The FDA has rejected Applied Therapeutics’ attempt to win approval on the strength of a failed phase 3 trial, triggering a 75% drop in the biotech’s share price. Applied said the complete response letter cited “deficiencies in the clinical application” but it plans to reapply or appeal.

Alligator Bioscience clamps down on costs with plans to lay off 70% of workforce to stay afloat

Cancer-focused Alligator Bioscience is clamping down on costs, laying off 70% of its team in efforts to save around $6 million every year.

Merus' head and neck cancer candidate bolsters 'best-in-disease' profile with new data drop: analyst

Along with the company's new data drop at the European Society for Medical Oncology Asia Congress, Merus also secured a partner for a separate candidate that's in line for an upcoming FDA decision.

Quantoom, Univercells and Fiocruz ink collaboration to bolster RNA-based vaccines in Brazil and beyond

Belgium mRNA specialist Quantoom Biosciences and biologics manufacturing specialist Univercells inked a partnership deal with the Oswaldo Cruz Foundation (Fiocruz) in a move aimed at expanding the development and production of RNA-based vaccines and therapies in Brazil and beyond.

Race is on for oral obesity drugs with multiple phase 3 trials vying for next-gen status in a $126B market

Unless you have been living under a rock, you’ll know that anti-obesity GLP-1 drugs are the next big thing in pharma, with megablockbuster sales in a market that could be worth $126 billion by 2030 just on the horizon.

2024's Women of Influence

Meet our 2024 Women of Influence. Each of the 10 women profiled this year is playing a major role in driving the industry forward.

FDA considers 'regulatory action' for bluebird's Skysona after blood cancer reports

The FDA is investigating reports of patients developing blood cancer after receiving bluebird bio’s gene therapy Skysona and is evaluating the need for “further regulatory action,” the U.S. agency said last week. The FDA notification came seven weeks after the New England Journal of Medicine (NEJM) published a report that seven of 67 children who received Skysona during clinical trials had developed blood cancer.

Sanofi charts biggest China investment to date with plans for €1B insulin 'manufacturing base' in Beijing

Sanofi is laying out roughly 1 billion euros ($1.04 billion) to establish a new production base in the Beijing Economic and Technological Development Zone. The new manufacturing site, which will become Sanofi’s fourth in China, is being designed to beef up local end-to-end insulin production.

GE HealthCare debuts AI-powered, zero-click mammography system

GE HealthCare unveiled a new mammography system with AI features aimed at easing the pressures from a shortage of trained technologists.
 
Fierce podcasts

Don’t miss an episode

Meet 2024’s fiercest women in life sciences

This week on "The Top Line," Fierce editors discuss our special report celebrating 10 women driving change in clinical research, business development, venture capital, and more
 

Resources

Whitepaper

Building a “Best Practice” R&D Organization in Biopharma

We interviewed 14 R&D biopharma leaders on the critical success factors for building a Best Practice R&D organization. This report shares what we learned.
Whitepaper

Single Cell RNA Profiling FFPE Tissue

Explore the robust cross-platform agreement between scRNA-seq and bulk RNA-seq, ensuring consistent and reproducible data on immune cell presence.
Whitepaper

Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
Whitepaper

7 “Make or Break” Factors for Emerging Biopharma Companies

This e-book explores 7 factors that are critical to the success of emerging biopharma companies, whether they plan to out-license, partner, or launch & commercialize products. It’s an essential resource for emerging companies with products in all stages of development.
Whitepaper

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.
 

Industry Events

On Helix

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

 

Upcoming Fierce Events

4
Dec
Free Virtual Event
5
Dec
The Lighthouse at Pier 61 in New York City
14-15
Jan
San Francisco, CA
22-24
Jan
Virtual Event
29-1
Apr-May
San Diego, CA

View all events