Adaptimmune questions future viability while stock plummets

Today’s Big News

Mar 21, 2025

Vaxart lays off 10% of staff after HHS unexpectedly demands halt to COVID vaccine trial


AstraZeneca details $2.5B investment in China's political center, funding R&D center, biotech pacts


Adaptimmune, after bringing cell therapy to market, questions viability and defunds 2 preclinical programs


British investment firm secures $250M to help fund development of new dementia therapeutics


MacroGenics pulls plug on vobra duo ADC after seeing phase 2 prostate cancer data


European countries, universities implement initiatives to attract US researchers amid ‘brutal funding cuts’


UPDATE: Director of NIH's National Human Genome Research Institute departs


Biotech designed to commercialize Ascendis' endocrinology drugs in China files $86M IPO 


Chutes & Ladders—Former FDA deputy joins AI biotech's board


Eisai's abandoned Enhertu challenger set to live on at BlissBio


Former Rep. Michael Burgess, M.D., 'likely' next CDC director nominee: report

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

 

Featured

Vaxart lays off 10% of staff after HHS unexpectedly demands halt to COVID vaccine trial

Vaxart has laid off 10% of its staff after the U.S. government unexpectedly ordered the biotech stop work on a trial of its COVID-19 vaccine pill.
 

Top Stories

AstraZeneca details $2.5B investment in China's political center, funding R&D center, biotech pacts

AstraZeneca has shown its commitment to China amid investigations into its executives and activities, outlining plans to establish a global strategic R&D center in Beijing as part of a $2.5 billion investment in the city.

Adaptimmune, after bringing cell therapy to market, questions viability and defunds 2 preclinical programs

Despite a historic FDA approval last year, Adaptimmune Therapeutics is expressing concerns about the longevity of the company and evaluating strategic options.

Agenus CMO touts immunotherapy advances on The Top Line

Dr. Steven O'Day of Agenus discusses the future of cancer immunotherapy on The Top Line podcast. Learn about 'cold' tumors and a potential '2.0 revolution' in immuno-oncology.

British investment firm secures $250M to help fund development of new dementia therapeutics

British investment firm SV Health Investors has secured $250 million to go toward the development of first-in-class therapeutics for dementia, the second such fund the venture capitalists have put together.

MacroGenics pulls plug on vobra duo ADC after seeing phase 2 prostate cancer data

MacroGenics has made the final decision to abandon work on one of its most advanced antibody-drug conjugates (ADCs) after taking a look at the latest phase 2 data.

European countries, universities implement initiatives to attract US researchers amid ‘brutal funding cuts’

As the U.S. cuts federal research funding and infrastructure, European countries are strategizing ways to attract top scientific talent, with the Netherlands government setting up a fund designed to do just that.

UPDATE: Director of National Human Genome Research Institute departs in another Trump admin shakeup

"Eric Green, M.D. Ph.D., is no longer serving as director of NIH’s National Human Genome Research Institute," an NIH spokesperson told Fierce Biotech.

Biotech designed to commercialize Ascendis' endocrinology drugs in China files $86M IPO

Endocrine-disease-focused Visen Pharmaceuticals is making its public market debut in Hong Kong, filing papers for an $86.5 million IPO.

Chutes & Ladders—Former FDA deputy joins AI biotech's board

About three months after leaving her post as the FDA’s principal deputy commissioner, Namandjé Bumpus, Ph.D., has found a new venture as a member of Recursion’s board of directors.

Eisai's abandoned Enhertu challenger set to live on at BlissBio

BB-1701 has survived Eisai’s decision not to option the HER2-directed antibody-drug conjugate. Weeks after Eisai quietly made its choice, its liquid biopsy partner has revealed Bliss Biopharmaceutical plans to progress the program independently.

Former Rep. Michael Burgess, M.D., 'likely' next CDC director nominee: report

The former physician-lawmaker was an influential player in congressional health policy during his 20-plus years in the House. The White House has not yet named its next choice for the position after pulling the nomination of Dave Weldon, M.D., last week.

A closer look at pharma’s top patent losses in 2025

This week on "The Top Line," we explore the potential impacts of this year's sizable patent cliff on the pharma industry at large.

Fierce Pharma Asia—AstraZeneca-Alteogen drug delivery deal; Taiho's ADC buyout; WuXi's rosy 2025 outlook

AstraZeneca has tapped Korea's Alteogen to develop subcutaneous cancer drugs. Taiho is acquiring antibody-drug conjugate expert Araris Biotech. WuXi AppTec expects sales to grow 10% to 15% in 2025. And more.
 
Fierce podcasts

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Fierce 15 of 2025: A breakdown

Executive Editor Heather Landi and Senior Writer Paige Minemyer sit down to chat about the evolution of the Fierce 15 project and honorees.
 

Resources

Whitepaper

The Oncology Market: 2025 Outlook

Read about four trends that will shape the innovations, therapies, & market landscape in oncology during 2025 & beyond.
Whitepaper

Redefining vaccine trial recruitment

Discover how to revolutionize your vaccine trials with Avacare's latest white paper. Gain exclusive access to innovative, data-driven recruitment strategies that ensure diverse, efficient, and high-quality vaccine trials.
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Solutions for CAR-Engineered Cell Characterization

Develop your CAR molecule faster
 

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