Neurocrine's $45M epilepsy bet flops twice

Editor’s Note: Getting ready for #ASH22? Fierce Pharma will talk to Dr. Naveen Pemmaraju at MD Anderson in a Twitter chat about the latest advances in blood cancer. Search #FierceTalksASH starting at 4pm ET on Dec. 8 to join the conversation. Our team will also be on site in New Orleans to bring you fresh data from the annual conference.

Today's Big News

Dec 7, 2022

Pfizer's RSV vaccine rush gets FDA boost with priority review


With a new No. 1, Avrobio hopes to get investors back on gene therapy bandwagon


Neurocrine's $45M bet goes 0 for 2 with rare epilepsy flop following negative essential tremor trial


Novartis takes preclinical cancer program off MorphoSys' hands for $23M cash


Lysogene, looking for saving grace after trial flop, suspends stock trading and seeks partners


Phase 2 bowel disease data fire Prometheus' stock up 170% and set bar for Pfizer, Roivant


Apogee emerges with $169M and plans to carry Paragon's programs to clinic


Summit bets $5B that Akeso’s bispecific antibody will ascend clinical peaks in cancer

 

Featured

Pfizer's RSV vaccine rush gets FDA boost with priority review

Pfizer is rushing to get its RSV vaccine out the door and into arms. A priority review from the FDA will certainly help.
 

Top Stories

With a new No. 1, Avrobio hopes to get investors back on gene therapy bandwagon

It’s been a year since Avrobio suffered a blow to its gene therapy ambitions with the failure of a Fabry disease program. Now, the biotech is ready to reintroduce itself to investors with a small positive dataset for its new No. 1 priority and the go-ahead from the FDA to advance the clinical program in a rare disease.

Neurocrine's $45M bet goes 0 for 2 with rare epilepsy flop following negative essential tremor trial

Neurocrine Biosciences’ $45 million rare pediatric epilepsy bet has fallen at an early clinical hurdle. Thirty months after licensing the selective T-type calcium channel inhibitor, the biotech has reported its second setback in quick succession with the failure to beat placebo in a small phase 2 clinical trial.

Novartis takes preclinical cancer program off MorphoSys' hands for $23M cash

MorphoSys is trimming its pipeline a bit, pulling in $23 million cash from Novartis in exchange for worldwide licensing rights to its preclinical cancer program.    

Lysogene, looking for saving grace after trial flop, suspends stock trading and seeks partners

On the heels of a failed phase 2/3 study, Lysogene has suspended trading of its shares and is seeking potential partnerships and investors in an effort to stay afloat. 

Phase 2 bowel disease data fire Prometheus' stock up 170% and set bar for Pfizer, Roivant

Prometheus Biosciences has laid down a major marker in the anti-TL1A space. Days after Pfizer offloaded its rival candidate to Roivant, Prometheus has reported midphase data in ulcerative colitis and Crohn’s disease that sent its stock up 170% in premarket trading.

Apogee emerges with $169M and plans to carry Paragon's programs to clinic

Paragon Therapeutics has launched its first spinout, dubbed Apogee Therapeutics. The California company already touts a sizable $169 million to advance at least four of Paragon’s preclinical pipeline candidates designed to treat inflammatory and immunological disorders.

Summit bets $5B that Akeso’s bispecific antibody will ascend clinical peaks in cancer

Summit Therapeutics is betting up to $5 billion for rights to Akeso's bispecific antibody, one of the largest licensing deals in recent memory. Summit says it plans to start treating lunch cancer patients in clinical trials by the second quarter of 2023.

Medidata launches new app to aid patients in clinical trials

Trial tech firm Medidata launched a new app designed to give patients participating in remote clinical trials an easier experience.

UPDATED: GSK unveils detailed Keytruda head-to-head data in lung cancer—and they look good

GSK's emerging oncology business just got a much-needed boost after several recent setbacks. A first glimpse at its PD-1 inhibitor's head-to-head data against Keytruda looks encouraging.

Urban: 18M could lose Medicaid coverage after COVID-19 emergency expires, likely next year

A new report estimates 18 million people could lose Medicaid coverage due to eligibility redeterminations, but most will be able to transition to other coverage sources.

J&J re-ups nurse campaign, lauding the 'innovators, lifesavers, and fierce patient advocates'

Johnson & Johnson is now in its third century of supporting nurses and this month, after nearly three years of increasing pressure on the profession amid the COVID-19 pandemic, the U.S. Big Pharma is driving home the message: “Where would we be without nurses?”

Fresenius Medical Care CEO Kriwet leaves 'at her own request' after 2 months

After months of lead-up, Carla Kriwet, Ph.D., spent only a few weeks at the helm of Fresenius Medical Care.

On its annual list of price hike offenders, ICER calls out Bausch's Xifaxan, J&J's Invega

On ICER’s annual list of drugs that had unjustified price increases in 2021, Bausch’s Xifaxan and Johnson & Johnson’s Invega Sustenna caused the most additional spending in the U.S. The treatments displaced Humira as the top offender in 2020.

CMS proposes certain payers implement electronic prior authorization systems by 2026

CMS issued a proposal rule to implement electronic prior authorization by 2026 for Medicare Advantage, ACA and Medicaid managed care plans, replacing a 2020 rule that was withdrawn.
 
Fierce podcasts

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'The Top Line': Biogen's new CEO, plus this week's headlines

This week on “The Top Line,” we discuss the current state of Biogen and recent investor reactions to the new hire. Plus we cover the week's news including: What Albert Bourla said that has him in hot water, a $3.5 million drug, and we tease a possible major acquisition. 

 

Resources

Video

Discover the future of mAb manufacturing

Revolutionize your monoclonal antibody (mAb) manufacturing with expert insights.
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Enhance the cost-effectiveness of your chemical supply chain

Learn how to develop a high-performing supply chain for GMP-manufactured chemicals used throughout your biologics workflow. Download the free whitepaper from Thermo Fisher Scientific.
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Plan for scalable process liquid and buffer preparation

Preparation of critical process liquids and buffer components shifts resources away from core activities and can be filled with inefficiencies and risks that can increase time and costs across your workflow. Learn about the framework to help reduce your total costs beyond capital and operational expenditures and set a solid foundation for successful scale-up of buffer preparation.
Webinar

Webinar: Writing the Future of Antibody Discovery Solutions

Twist Bioscience CSO Dr. Aaron Sato shares how Twist's tools for antibody discovery have been applied to identify antibodies against diverse and challenging targets. See how high-throughput DNA synthesis combined with antibody engineering expertise provides end-to-end antibody discovery solutions.

Executive Summary

Scale-Up Strategies for Late-Stage Cell Therapies

Readers will learn manufacturing by Design Builds on Quality by Design, De-risking the Tech Transfer Process, and more.

Whitepaper

Lipid-Based Drug Delivery System to Bring Poorly Soluble Drugs to Market

How can Lipid-Based Drug Delivery System help bring poorly soluble drugs to market?
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Linear Compression vs. Parallel Processing: Speeding Biologics Through Development and Into Clinical Trials

Download this paper to learn considerations on how to move a biologic through clinical trials faster, advantages of Parallel Processing, and more.

Whitepaper

Intranasal Drug Product Development: Formulation to Manufacturing

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

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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Supply Services to Support Clinical Trials in Japan & Beyond

Explore Catalent’s newest clinical supply facility in Japan, including the comprehensive services & solutions it offers to help support trials both in-country & around the world.
Whitepaper

Clinical Supply Solutions for the Asia-Pacific Region

Learn how Catalent’s extensive network across APAC can meet a wide range of clinical supply needs for sponsors conducting trials within the region.
Research

A Strategy to Standardize Process Characterization & Late Phase Development

Learn more on an approach for process characterization for the production of a monoclonal antibody, which will improve the efficiency and effectiveness of the process by targeting the right design and number of experiments.

 

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