Entrada, Ono lay off staff

Today’s Big News

Apr 30, 2025

Novartis pays $800M upfront to buy Regulus for phase 3-ready kidney drug


Investor pressures Acelyrin to exit Alumis merger and liquidate, slams ‘inexplicable’ process


Entrada lays off 20% of staff weeks after having FDA hold lifted


Ono Pharma lays off 83 staffers at Cambridge, Massachusetts, site


Cellectar is seeking strategic alternatives, sinking stock


UPDATE: FDA misses PDUFA date for Stealth’s ultra-rare disease candidate, delaying approval decision—again

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

 

Featured

Novartis pays $800M upfront to buy Regulus for phase 3-ready kidney drug

Novartis has committed another $1.7 billion to its ambition to become a kidney disease leader. The Swiss drugmaker is making the outlay, around half of which is upfront, to buy Regulus Therapeutics for a rare renal disease drug that is set to enter phase 3 in the third quarter.
 

Top Stories

Investor pressures Acelyrin to exit Alumis merger and liquidate, slams ‘inexplicable’ process

An investor is ratcheting up the pressure on Acelyrin to pull out of a planned merger with Alumis, setting out its case for voting against a deal it argues is worse for shareholders than liquidating the biotech.

Entrada lays off 20% of staff weeks after having FDA hold lifted

Pink slips have followed the green light at Entrada Therapeutics. Weeks after the FDA lifted a more than two-year-long hold, the biotech has set out plans to reduce its workforce by 20% and prioritize its clinical Duchenne muscular dystrophy candidates and key preclinical programs.

Ono Pharma lays off 83 staffers at Cambridge, Massachusetts, site

The affected Cambridge site is Ono’s U.S. headquarters and one of the company's two locations in the country, with the other in San Francisco.

Cellectar is seeking strategic alternatives, sinking stock

Radiopharma biotech Cellectar Biosciences is seeking strategic alternatives, opening the door to further opportunities after looking to partner off its sole clinical-stage asset to no avail this winter.

UPDATE: FDA misses PDUFA date for Stealth’s ultra-rare disease candidate, delaying approval decision—again

An approval decision for Stealth BioTherapeutics’ investigational treatment for an ultra-rare genetic disease has been delayed—again—this time, with no new decision date given.

AstraZeneca's highly touted Truqap flunks another phase 3 trial

AstraZeneca has come up short in another phase 3 trial of AKT inhibitor Truqap, raising more questions about the blockbuster potential of the first-in-class cancer treatment.

BridgeBio's ATTR-CM med Attruby gains traction, crushes analysts' early expectations

The company is going up against Pfizer's popular Vyndaqel franchise in the ATTR-CM field and has so far tallied 2,072 prescriptions since launching Attruby in December.

Verily nets $14.7M Michael J. Fox Foundation grant for personalized Parkinson's data

The MJFF has worked with Verily for years to assemble public data exploring the relationships between Parkinson's disease, genetics, the immune system and metabolism.

Gilead enters $202M settlement to resolve US government's long-running HIV kickbacks probe

Authorities say Gilead paid honoraria payments, meals and travel expenses to induce participants at HIV educational speaker programs to prescribe its HIV drugs. The company is paying more than $200 million to resolve the allegations.
 
Fierce podcasts

Don’t miss an episode

Angus on Angus: A Fierce oncology discussion

Two journalists, one name and a candid conversation—Angus Liu and Angus Chen talk cancer reporting, racial identity and being mistaken for each other.
 

Resources

eBook

Through a CRO's perspective: Innovative, Agile Solutions In Vaccine Efficacy Testing

Typical vaccine development timelines have averaged 10 years, but the time from the SARS-CoV-2 genetic sequence’s release to the submission of the first vaccine clinical trial data for regulatory review was a mere 314 days. In IQVIA Laboratories’ Vaccine eBook we focus on how contract research organizations (CROs) can best leverage strategic partnerships with sponsors to prepare for the next pandemic.
Whitepaper

Protect Your Trial Data: Endpoint, Imaging, and Safety Review

Is your clinical trial data truly reliable? Learn how a combined approach using Imaging Core Labs and Endpoint Adjudication Committees (EAC) can minimize risk, control costs, and strengthen your study from the ground up. Don’t leave success to chance—arm yourself with the insights to stay ahead.
Research

Best Practice Customer-Facing Organization Study Report

We interviewed 15 biopharma leaders on the critical success factors for building a Best Practice customer-facing organization. This report shares what we learned.

 

Upcoming Fierce Events

29-1
Apr-May
San Diego, CA
7-9
May
Free Virtual Event
14
May
Free Virtual Event
8-11
Sep
Philadelphia, PA
10
Sep
Philadelphia, PA

View all events