Novartis poaches Roche’s leading neuroscience exec
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Today's Rundown

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Roche posts 'impressive' TIGIT combo lung cancer data, but trial deaths weigh down on shares

New follow-up data for Roche’s Tecentriq-tiragolumab combination therapy in certain lung cancer patients have analysts sighing in relief that the anti-TIGIT element appears to be pulling its weight.

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Top Stories

Moderna, hoping to prove it's no one-trick COVID pony, posts early peek at mRNA flu shot hopeful

Moderna is set to make tens of billions of dollars this year and next from its mRNA COVID vaccine and booster, but the market won’t let the Big Biotech rest on its laurels and wants broader applicability from its programs.

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Novartis poaches Roche's neuro and rare disease R&D lead, replacing Shanker

Novartis has been busy selling off its stake in Roche but quietly this month also got a little extra from its fellow Swiss native after nabbing Bob Baloh, M.D., Ph.D., to run its growing neuroscience division.

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Eli Lilly pens $1.5B biobucks pact with China's Regor for metabolic disease work

Eli Lilly is making a $1.5 billion biobucks bet on Chinese biotech Regor Therapeutics to seek out, develop and hopefully sell new therapies for metabolic disorders.

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Albireo CMO Horn is out the door 5 months after US, EU approvals of rare liver disease drug

After 3.5 years and oversight of approvals in the U.S. and Europe for its rare liver disease drug, Bylvay, Pat Horn is out as chief medical officer of Albireo Pharma. He notified the Boston biopharma last week that he'd leave by the end of the year for another opportunity.

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Chan Zuckerberg Initiative to pour $3.4B over 10 years into AI, imaging and other tech to unravel biomedical challenges

Five years into its lofty goal of funding projects to “cure, prevent or manage all disease within our children’s lifetime,” the Chan Zuckerberg Initiative’s Biohub is getting a major boost.

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ALS organizations call for Senate to follow House's suit in passing $500M R&D bill

After the U.S. House of Representatives overwhelmingly passed a bill that would grant $500 million to ALS research, three organizations called on the Senate to swiftly follow suit. The muscle-wasting disease has befuddled researchers and drug developers for decades.

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Amid Aduhelm's rocky launch, Biogen eyes large-scale layoffs: report

After the rocky launch of its controversial Alzheimer’s disease drug Aduhelm, Biogen is gearing up for layoffs, STAT News reports. Overall, the staff squeeze could slash expenses by $500 million to $750 million, STAT said.

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Nanomedicine shrinks vascular lesions in mice and could pave path to new treatments

University of Chicago researchers say their novel nanomedicine shrank vascular lesions in mice and stopped the progression of plaque buildup that leads to vascular diseases. The team is working to secure funding for a larger animal study and form a company to test the treatment in people.

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Fierce Pharma Asia—China's new NRDL; Biocon-Viatris biosimilar merger?; Avistone's $200M series A

Big Pharma's cancer immunotherapies were once again excluded from China's national reimbursement. Biocon and Viatris are reportedly considering combining their biosimilar operations. A Chinese oncology biotech just secured a handsome $200 million series A. And more.

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Chutes & Ladders—Former FDA leader Hahn lands at cancer blood test maker Harbinger Health

Former FDA head Stephen Hahn is adding a new title to his role at Flagship Pioneering: CEO of the incubator's blood cancer test startup Harbinger Health. Takeda's oncology leader Rachael Brake heads to Corbus as chief scientific officer charged with redefining scope of early-stage pipeline. Goldfinch Bio snags 13-year Ardelyx vet as CSO.

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