Biopharma optimistic as inflation falls, funding rises

Today’s Big News

Jun 10, 2024

Moderna flu/COVID combo beats immune responses for approved shots in phase 3 after speedy season


GSK, attempting to stage Blenrep comeback, bids adieu to combo studies with SpringWorks' Ogsiveo


Biopharma bubbly as falling inflation, rising funding ease woes


With 2 planned launches, Boehringer Ingelheim looks to make a name for itself in oncology


Abbott claims FDA clearances for pair of over-the-counter diabetes trackers

 

Featured

Moderna flu/COVID combo beats immune responses for approved shots in phase 3 after speedy season

Moderna’s combo flu and COVID-19 vaccine zipped through a late-stage trial this winter, and the results are showing a higher immune response than licensed comparators—including the famed biotech’s own Spikevax.
 

Top Stories

GSK, attempting to stage Blenrep comeback, bids adieu to combo studies with SpringWorks' Ogsiveo

SpringWorks has received a notice of termination on an amended collaboration and licensing deal with GSK from 2022. Under the updated pact, GSK and SpringWorks were working together to develop and potentially market combinations of Blenrep and Ogsiveo in multiple myeloma.

Biopharma bubbly as falling inflation, rising funding ease woes

The biopharma industry is entering the second half of the year with a spring in its step. After seeing pessimism engulf the sector in 2023, GlobalData found healthcare industry professionals had a sunnier disposition as they assessed their growth prospects in its latest survey.

With 2 planned launches, Boehringer Ingelheim looks to make a name for itself in oncology

The company expects to introduce brigimadlin in dedifferentiated liposarcoma and zongertinib in HER2-mutated non-small cell lung cancer next year. The launches are part of the company's wider plan to bring 25 new products to the market by 2030.

Abbott claims FDA clearances for pair of over-the-counter diabetes trackers

Abbott's new Libre Rio and Lingo wearable sensors are aimed at the growing health and wellness market, as well as people with Type 2 diabetes that are not taking insulin.

Kyowa Kirin to expand manufacturing footprint with $530M biologics plant in North Carolina

Construction at the Sanford site, which will employ more than 100 people, will kick off later this year and should wrap up by 2027, the company said.

Alumis sets out IPO ambitions to fund TYK2 inhibitor through phase 3 psoriasis trials

Not content with bringing in one of the largest private biotech fundraises of 2024 so far, Alumis has now become the latest drug developer to set its sights on the public markets.

GSK exec lauds 'great start' to RSV vaccine uptake as Arexvy nabs label expansion in adults 50-59

The FDA approved Arexvy for RSV prevention in adults ages 50 to 59 who are at increased risk of developing RSV disease. The green light marks Arexvy’s first new approval since the vaccine’s original nod to prevent lower respiratory tract disease caused by RSV in adults ages 60 and older last May.

Skye Bioscience ends eye disease R&D efforts after glaucoma drug’s phase 2 fail

Skye Bioscience’s share price tumbled in pre-market trading Monday, as the biotech announced a strategic refocus in the wake of a phase 2 trial failure.
 
Fierce podcasts

Don’t miss an episode

A look at the top 10 pharma drug ad spenders

In this week’s episode of “The Top Line,” the Fierce Pharma Marketing team discusses the annual top pharma drug ad spenders special report.
 

Resources

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Enhance your long-term cell & gene therapy success with pDNA manufacturing solutions

Watch our on-demand webinar video to learn more about the challenges in pDNA manufacturing for gene and cell therapy and how to resolve many of these barriers by partnering with our experts through the adoption of vital manufacturing technologies and strategies.
Whitepaper

A Comprehensive and Flexible Approach to CMC for Fab and Fc-Fusion Development Programs

New molecular formats are gaining momentum in today’s market. Characterizing these products and developing robust manufacturing processes can help to usher them to market and provide new treatment options for diseases which are currently challenging to treat. Read this white paper to learn more.
Whitepaper

Adding Rare Disease Products to Your Company’s Portfolio

This paper outlines the challenges, pitfalls, & solutions associated with adding rare disease therapies to a biopharma company’s portfolio.
 

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Date: ‌4 ‌July ‌2024 ‌- ‌Location: ‌Babraham ‌Research ‌Campus, ‌Cambridge ‌UK

 

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