US biotechs ‘have to adapt’ to rising competition: Antares CEO

Today’s Big News

Jun 17, 2025

Eli Lilly pays $1B upfront to buy gene editing partner Verve Therapeutics


FDA launches new priority review voucher for biopharmas that ‘align with national priorities’


US biotechs must shift strategy amid rising costs, global competition: Antares CEO


Ventyx posts phase 2 Parkinson's data ahead of potential talks with Sanofi


Mineralys' hypertension drug continues winning streak, lowering blood pressure in phase 2


Aptose CEO props up biotech’s finances to prevent company from going bust


In setback for biopharma, Senate version of Trump's tax bill drops Orphan Cures Act 


China proposes shorter clinical trial reviews in efforts to accelerate drug development


‘Have we no shame?’: Federal judge rules hundreds of NIH grant terminations must be restored


Turkish private equity group invests $39M to support Harvard researcher’s next-gen obesity antibodies

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Featured

Eli Lilly pays $1B upfront to buy gene editing partner Verve Therapeutics

Eli Lilly confirms its buyout of Verve Therapeutics after reports about the deal were published by the Financial Times Monday.
 

Top Stories

FDA launches new priority review voucher program for biopharmas that ‘align with national priorities’

The FDA is introducing a new priority voucher program designed to shorten the drug review process time from 10 to 12 months down to one or two months, according to the agency.

US biotechs must shift strategy amid rising costs, global competition: Antares CEO

Antares may be forging ahead with Scorpion's leadership team, but the company is adopting a different approach designed to account for the drastic transformation in both the biotech and macroeconomic environments.

Precision medicine’s next frontier: unlocking the power of biospecimens

Austin Read of Thermo Fisher Scientific discusses how combining biospecimens with real-world data is advancing diagnostics, treatment and the future of patient care.

Ventyx posts phase 2 Parkinson's data ahead of potential talks with Sanofi

Ventyx Biosciences has shared phase 2a data on a Parkinson’s disease prospect that has caught the eye of Sanofi. The readout shows the effect of VTX3232 on biomarkers, providing some of the data that will inform whether Sanofi takes up its right of first negotiation on the NLRP3 inhibitor.

Mineralys' hypertension drug continues winning streak, lowering blood pressure in phase 2

Mineralys Therapeutics’ aldosterone synthase inhibitor has chalked up a third clinical win in recent months, demonstrating once again its potential to reduce blood pressure in patients with hypertension.

Aptose CEO props up biotech’s finances to prevent company from going bust

Aptose Biosciences has been thrown a financial lifeline by its own CEO while the leukemia-focused biotech scrambles around for cash to prevent the company from going bust.

In setback for biopharma, Senate version of Trump's tax bill drops Orphan Cures Act

The biopharma industry has hit a setback in its ambition to leverage President Donald Trump’s “big, beautiful bill” to amend an Inflation Reduction Act provision currently affecting treatments for rare diseases.

China proposes shorter clinical trial reviews in efforts to accelerate drug development

China, already gaining speed in biotechnology, is looking to further accelerate novel drug development by reducing the time that regulators take to review clinical trials.

'Have we no shame?': Federal judge rules hundreds of NIH grant terminations must be restored

A federal judge in Massachusetts has ruled that hundreds of grants terminated by the National Institutes of Health must be immediately restored, the latest legal victory for groups challenging the Trump administration’s extreme cuts to federal science funding.

Turkish private equity group invests $39M to support Harvard researcher’s next-gen obesity antibodies

As Harvard University reels from extensive cuts to federal funding by the Trump Administration, one researcher there has secured his lab’s future by looking abroad. Gökhan Hotamışlıgil, M.D., Ph.D., has secured about $39 million from a Turkish investment group to support the next 10 years of his group’s research on new antibodies for obesity and other metabolic diseases.

Fierce Biotech Layoff Tracker 2025: Gilead lays off 36 staffers; Scorpion trims team before spinout

As always, if you know of layoffs occurring at a biotech, please reach out to the Fierce Biotech editorial team.

Roche, AbbVie say trial of Venclexta in patients with myelodysplastic syndromes falls short

Roche and AbbVie have come up short again in their effort to gain an additional indication for their blockbuster blood cancer treatment Venclexta.

Dexcom replaces handheld CGM receivers after missed audio alerts

A defective speaker resulted in some Dexcom G7, G6 and One CGM users missing audio alarms for unhealthy blood sugar levels.
 
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