Galapagos gets cold feet over company split

Today’s Big News

May 13, 2025

GSK axes $625M TIGIT drug as midphase data disappoint, promoting partner iTeos to cut costs


Dutch biotech Azafaros gains €132M series B to fund phase 3 trials of brain-penetrant drug


Galapagos gets cold feet over plans to split up company


Atara lays off more staff this year despite FDA lifting clinical hold


Leap halves head count, narrows lead cancer drug's focus amid 'difficult market environment'


Appeals court reignites CRISPR discovery row, raising questions about gene editing biotech patents


Erasca enters another era, seeks partner for ph. 3 ex-Novartis asset


J&J, Eli Lilly join $85M financing for newly unveiled gene editing biotech Stylus


Former Inhibikase leader launches new biotech for midstage Parkinson’s asset

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Featured

GSK axes $625M TIGIT drug as midphase data disappoint, promoting partner iTeos to cut costs

GSK has stopped development of anti-TIGIT antibody belrestotug. The Big Pharma and its partner iTeos Therapeutics took the action after an assessment of the effect on progression-free survival fell short of expectations.
 

Top Stories

Dutch biotech Azafaros gains €132M series B to fund phase 3 trials of brain-penetrant drug

Azafaros has secured 132 million euros ($147 million) in series B funds that the Dutch biotech will use to push its brain disease drug through two late-stage trials.

Galapagos gets cold feet over plans to split up company

Only five months after Galapagos announced it would split in two, the cell-therapy-focused biotech is already having second thoughts.

Medrio CEO on building stability and innovation in clinical trials

Medrio CEO Nicole Latimer discusses strategiesthe company’s mission to streamline clinical trials, embrace meaningful innovation and support life sciences organizations from startup to FDA approval.

Atara lays off more staff this year despite FDA lifting clinical hold

Atara Biotherapeutics continues to salami slice its head count, this time laying off 30% of what remains of its workforce.

Leap halves head count, narrows lead cancer drug's focus amid 'difficult market environment'

Leap Therapeutics is laying off half of its staff as it narrows the focus of its lead cancer drug against the backdrop of a “difficult market environment," its CEO explained.

Appeals court reignites CRISPR discovery row, raising questions about gene editing biotech patents

An appeals court has opened another chapter in the long-running CRISPR patent saga. Three years after a patent body ruled in favor of the teams behind Editas Medicine’s intellectual property, an appeals court has found fault with the decision and sent the case back for reassessment.

Erasca enters another era, seeks partner for ph. 3 ex-Novartis asset

Cancer company Erasca is seeking a partner for its most advanced asset, a pan-RAF inhibitor being studied in a phase 3 melanoma study and a phase 1b solid tumor trial. The company is taking this direction in hopes of adding another year to its cash runway.

J&J, Eli Lilly join $85M financing for newly unveiled gene editing biotech Stylus

Stylus Medicine is unsheathing, penning a mission to develop next-gen in vivo genetic medicines with $85 million in hand, cofounder Patrick Hsu, Ph.D., told Fierce Biotech.

Former Inhibikase leader launches new biotech for midstage Parkinson’s asset

The founder and former leader of Inhibikase Therapeutics is blazing a new biotech trail in an effort to get a beleaguered Parkinson’s candidate over the finish line.

Labcorp CRO spinout Fortrea says farewell to inaugural CEO as stock declines further

North Carolina-based CRO Fortrea is saying goodbye to its CEO. Thomas Pike is hitting the road effective May 13 and will be replaced in the interim by Peter Neupert, Fortrea’s lead independent director.

Bluebird bio warns of potential bankruptcy after another buyout delay

Bluebird bio shareholders have dragged their feet in tendering shares as part of the company's sale process, prompting buyers Carlyle and SK Capital to extend their offer once again.

UnitedHealth Group CEO Andrew Witty steps down, company suspends 2025 outlook

UnitedHealth Group CEO Andrew Witty will step down from his role at the top of the company due to personal reasons, the healthcare giant announced Tuesday morning.
 
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Angela Hwang on her pivot from Big Pharma to biotech

This week on "The Top Line," Angela Hwang reflects on her leap from nearly 30 years at Pfizer to leading a biotech startup—and the career lessons that continue to guide her leadership and commitment to developing diverse talent.
 

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Best Practice Medical Affairs Organization Study Report

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