Cullinan eyes lung cancer approval after ph. 2 win

Today’s Big News

Jan 29, 2025

Judge rules in favor of Aurion in IPO suit, a decision investor Alcon plans to appeal


I-Mab lays off 27% of workforce after pivoting to CLDN18.2 bispecific


Zentalis lays off 40% of staff to fund registrational trial of WEE1 drug


Cullinan plans approval application for lung cancer drug this year based on phase 2 win


OS Therapies pays $8M for full IP rights to its lead drug, gains 2 more cancer assets in the process


Using decentralized trials improves patient diversity, industry-backed study finds


CROs should brace for continued slow Big Pharma R&D spending: analyst


Trump's federal assistance 'pause': Judge delays order, states confirm Medicaid portal disruptions

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Featured

Judge rules in favor of Aurion in IPO suit, a decision investor Alcon plans to appeal

A judge has sided with Aurion Biotech in a lawsuit brought by investor Alcon Research that aimed to stop the biotech's planned IPO.
 

Top Stories

I-Mab lays off 27% of workforce after pivoting to CLDN18.2 bispecific

I-Mab’s pipeline pivot had a sting in the tail. Weeks after shifting its focus, the biotech said Wednesday that it has reduced its workforce by around 27% in conjunction with the pipeline reprioritization.

Zentalis lays off 40% of staff to fund registrational trial of WEE1 drug

The FDA’s move to lift the hold on Zentalis Pharmaceuticals’ sole clinical-stage drug may have been good news for the biotech—but it’s been bad news for some of its staff. The company is now laying off 40% of its employees as it gears up for registrational studies in ovarian cancer.

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Drug development and commercialization leads to tremendous advances in medicine and improvements to everyday life, but it often comes at a cost.

Cullinan plans approval application for lung cancer drug this year based on phase 2 win

Cullinan Therapeutics has announced that its lead asset has aced a midstage lung cancer trial—but the biotech is keeping the data close to its chest for now.

OS Therapies pays $8M for full IP rights to its lead drug, gains 2 more cancer assets in the process

Two weeks after its bacteria-based therapy scored a phase 2 lung cancer win, OS Therapies has penned a deal that will secure the full intellectual property rights to the drug along with a pair of additional clinical-stage therapies.

Using decentralized trials improves patient diversity, industry-backed study finds

Decentralized clinical trials, which allow patients to participate locally or remotely using digital tech, end up enrolling more diverse populations than traditional trials, according to new data from the Tufts Center for the Study of Drug Development’s PACT consortium.

CROs should brace for continued slow Big Pharma R&D spending: analyst

Demand slipped for several large contract research organizations last year, and a new report from William Blair suggests these firms shouldn’t expect much improvement in 2025.

Trump's federal assistance 'pause': Judge delays order, states confirm Medicaid portal disruptions

Though the administration said Tuesday that Medicaid would not be caught up in a hold on federal program payments, industry groups and legislators say that portals in all 50 states are down. This comes as other questions remain on whether Monday's ambiguous memo will interrupt clinical research, community health centers, suicide prevention, state infectious disease surveillance and other government-backed efforts.

Amid more drug-price scrutiny, biopharma companies largely keep their January hikes in check

So far this month, companies in the biopharma industry have raised prices on more than 930 products but the increases have largely been modest, averaging 4%.

Trump orders federal crackdown on gender-affirming care for those under 19

A Tuesday night order pulls federal funds from healthcare providers treating trans those under 19 with what the Trump administration refers to as "chemical and surgical mutilation." The order also pulls coverage of the services from government insurers and signals broad law enforcement support for prohibitory state laws.

Imperative Care claims FDA green light for its largest large-bore stroke catheter

The new 510(k) clearance expands the portfolio of the company’s Zoom aspiration system to add the Zoom 88, with its 0.088 inch-wide opening.
 
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Dr. Biden, payer no-shows and tech M&A talk: The biggest trends at JPM 2025

While major payers skipped out on this year’s event, health tech companies, health systems and insurtechs all made appearances to share their latest updates with investors.
 

Resources

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Communicating the Value of Biopharma Assets to Potential Investors

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