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February 06, 2019

Today's Rundown

Featured Story

Amid R&D rejigs, GlaxoSmithKline axes 6 pipeline assets

GlaxoSmithKline is cutting a host of unwanted investigational drugs as it joins other Big Pharmas in the fourth-quarter clearout.

Top Stories

Lilly cuts a trio of pipeline assets, including BTK inhibitor, diabetes drug

The Big Pharma has culled a pair of phase 2 assets—a dual amylin calcitonin receptor agonist for the treatment of diabetes and a BTK inhibitor being investigated in immunology—as well as a urocortin-2 peptide treatment for heart failure that had reached phase 1.

Genentech pays Xencor $120M for rights to IL-15 cancer pipeline

Genentech has paid $120 million upfront to secure global rights to IL-15 cytokine therapeutics in preclinical development at Xencor. The upfront sets the Roche subsidiary up to incorporate the candidates into its immuno-oncology combination strategy.

MacroGenics’ margetuximab beats Herceptin in phase 3

A phase 3 trial of MacroGenics’ margetuximab in HER2-positive metastatic breast cancer patients has met its primary endpoint. The anti-HER2 antibody improved progression-free survival by more than Herceptin, teeing MacroGenics up to file for approval in the second half of the year.

Avrobio posts encouraging update for Fabry gene therapy phase 1, 2 trials

The Cambridge, Massachusetts-based biotech announced updated data on Wednesday for two trials of its lentiviral-based, ex vivo gene therapy in patients who had previously received enzyme replacement therapy and patients who hadn't.

Slack telegraphs moves into healthcare as it gears up for IPO: report

The ubiquitous messaging company Slack has confidentially filed for an IPO—except not-so-confidentially, as it went public with the news on its own earlier this week with a press release.

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[eBook] 2018 Weekly Compendium

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