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July 07, 2016

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Today's Rundown

  1. Bankrupt biotech Bind eyes $20M sale to Pfizer

  2. Seres takes first synthetically designed microbiome drug into the clinic to hit bigger markets

  3. BioMarin up 10% on latest Roche takeout rumor

  4. Amicus spends $90M on MiaMed; gains rare disease preclinical program

  5. Where should the EMA move to? That’s not up to us, regulator says

  6. EuroBiotech:  Ablynx’s RA drug matches Roche’s Actemra in PhIIb, but doubts about AbbVie buy-in remain

Featured Story

Bankrupt biotech Bind eyes $20M sale to Pfizer

The Robert Langer-backed nanoparticle cancer biotech Bind, after a decade in the business, looks to be at the end of the road after the company said it was seeking an approval for a “stalking horse” bid today from Pfizer.


Top Stories

Seres takes first synthetically designed microbiome drug into the clinic to hit bigger markets

Wednesday, July 6, 2016

Seres Therapeutics is putting the first synthetically created designer microbiome therapeutic into the clinic in order to reach larger markets.

BioMarin up 10% on latest Roche takeout rumor

Thursday, July 7, 2016

BioMarin has long been rumored to be a takeout candidate. Roche, in particular, has before been highlighted as a potential suitor for it. Now, that rumor has popped up again--sending the biotech’s shares climbing fast with it.

Amicus spends $90M on MiaMed; gains rare disease preclinical program

Thursday, July 7, 2016

Amicus Therapeutics, which has seen an FDA delay on one hand and a key European approval on the other over the past year, has gained access to a new, early-stage genetic disease program from its buyout of MiaMed.

Where should the EMA move to? That’s not up to us, regulator says

Thursday, July 7, 2016

Confidentially, EMA head Guido Rasi has said that a move from the U.K. to leave the EU was “a nightmare with immediate consequences,” although publicly the regulator has been keen to dampen concerns from behind a wall of silence.

Ablynx’s RA drug matches Roche’s Actemra in PhIIb, but doubts about AbbVie buy-in remain

Thursday, July 7, 2016

Ablynx has posted Phase IIb data showing its anti-IL-6R antibody vobarilizumab can compete with Roche’s rheumatoid arthritis drug Actemra. But, with vobarilizumab failing to blow Actemra out of the water in terms of efficacy, doubts remain about whether AbbVie will take up its option on the drug.

News of Note

KaloBios has signed a deal with former exec Martin Shkreli which allows the biotech the ability to repurchase his shares, as well as provisions that significantly restrict his actions as a shareholder. Statement

Californian biotech Ionis Pharmaceuticals has posted positive clinical data for IONIS-TTR Rx at the XV International Symposium on Amyloidosis. Release

Alexion has published new data at the ICNMD conference from its Phase III REGAIN study of its rare disease treatment eculizumab in patients with refractory generalized myasthenia gravis, showing the drug missed its primary endpoint. Statement

ArmaGen and the Rett Syndrome Research Trust have signed a pact to develop a new treatment for Rett syndrome. Release

Puma Biotechnology has released data from the I-SPY 2 Phase II study of its experimental breast cancer med neratinib in the NEJM. Statement

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[Whitepaper] Complimentary IDMP Report from Gartner

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Gartner research on short- and long-term strategies for IDMP compliance.

Events

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