Fierce Biotech’s 5 Rotten Tomatoes: 2024

Today’s Big News

Dec 16, 2024

BMS keeps axing deals inked under old leadership, this time culling cell therapy pacts with Century, Immatics 


Foghorn gives up on sole wholly owned clinical asset after phase 1 leukemia failure


Fierce Biotech's Rotten Tomatoes of 2024 


Pharming pays $66M for Abliva and its 'blockbuster potential' mitochondrial disease med


FDA hits pause on another of PepGen's muscular dystrophy trials 


Edgewise's skeletal myosin inhibitor reduces biomarker in phase 2 muscular dystrophy trial 


PureTech's lung fibrosis drug slows decline in phase 2 trial


Reviva’s antipsychotic shows promise against schizophrenia symptoms in year-long study


Outlook culls 23% of staff as it eyes FDA resubmission, EU debut


Incyte scraps anemia program after drug fails to improve symptoms in rare blood cancer 

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

 

Featured

BMS keeps axing deals inked under old leadership, this time culling cell therapy pacts with Century, Immatics

Bristol Myers Squibb has terminated cell therapy pacts with two biotechs amid "ongoing portfolio prioritization efforts” within the Big Pharma, one of the affected companies said.
 

Top Stories

Foghorn gives up on sole wholly owned clinical asset after phase 1 leukemia failure

Foghorn Therapeutics has finally given up on its only wholly-owned clinical-stage candidate after the troubled cancer drug came up short in a phase 1 study in patients with acute myeloid leukemia.

Fierce Biotech's Rotten Tomatoes of 2024

Fierce Biotech recounts the biggest biotech blunders and one inspiring intervention in the 2024 edition of Rotten Tomatoes.

Inventus Connect: Revolutionizing Clinical Trials with global eSIM Technology Delivering Better Patient Outcomes

Discover how the Inventus Connect eSIM solutions, designed specifically for provisioned devices in clinical trials, are contributing to better patient outcomes with the only seamless global connectivity solution for eCOA.

Pharming pays $66M for Abliva and its 'blockbuster potential' mitochondrial disease med

Pharming is paying $66.1 million to acquire Swedish biotech Abliva and its phase 2-stage med that the Dutch drugmaker believes has blockbuster potential with a mitochondrial disease.

FDA hits pause on another of PepGen's muscular dystrophy trials

Another of PepGen’s trials has encountered resistance from the FDA, with the regulator now putting the company’s plans to launch a phase 2 trial of trial of its Duchenne muscular dystrophy therapy on hold.

Edgewise's skeletal myosin inhibitor reduces biomarker in phase 2 muscular dystrophy trial

Edgewise Therapeutics’ lead candidate has been shown to reduce levels of a biomarker related to skeletal muscle damage in a phase 2 trial.

PureTech's lung fibrosis drug slows decline in phase 2 trial

PureTech’s only internal drug program has slowed lung function decline in a phase 2 trial in idiopathic pulmonary fibrosis.

Reviva’s antipsychotic shows promise against schizophrenia symptoms in year-long study

In the wake of the approval Bristol Myers Squibb’s Cobenfy, it seems that news has ramped up in the schizophrenia space. The latest contender is Reviva Pharmaceuticals’ brilaroxazine, which reduced schizophrenia symptoms over a year in a phase 3 trial.

Outlook culls 23% of staff as it eyes FDA resubmission, EU debut

After its eye disease drug flopped in an FDA-requested clinical trial in late November, Outlook Therapeutics is laying off 23% of staff.

Incyte scraps anemia program after drug fails to improve symptoms in rare blood cancer

Incyte is dropping a program for patients with myelofibrosis-related anemia after its investigational small molecule failed to improve symptoms in a phase 1/2 trial.

Checkpoint Therapeutics takes on Merck's mighty Keytruda with FDA approval for Unloxcyt in skin cancer

Another checkpoint inhibitor has entered the fray, as Checkpoint Therapeutics has passed the FDA’s checkpoint with its PD-L1 inhibitor cosibelimab.

UnitedHealth Group CEO acknowledges outpouring of frustration with healthcare

In the days that followed the murder of UnitedHealthcare CEO Brian Thompson last week, many across the internet have unleashed their frustration and anger with a healthcare system that leaves people behind far too often.

Novo Nordisk blueprints $1.2B rare disease production plant in Denmark, where it plans to hire on 400 new staffers

Novo Nordisk is laying out 8.5 billion Danish kroner (about $1.2 billion) to establish a new manufacturing plant in Odense, Denmark, where the company eventually plans to hire on 400 permanent staffers. The modular factory will be kitted out to produce multiple drugs within rare disease indications, including hemophilia.
 
Fierce podcasts

Don’t miss an episode

Novo Nordisk’s chief scientific officer looks to the future of GLP-1s

This week on “The Top Line,” we hear from Novo Nordisk CSO Marcus Schindler about his role at the Danish pharma and what’s next for the GLP-1 drug class.
 

Resources

Whitepaper

Building a “Best Practice” R&D Organization in Biopharma

We interviewed 14 R&D biopharma leaders on the critical success factors for building a Best Practice R&D organization. This report shares what we learned.
Whitepaper

Single Cell RNA Profiling FFPE Tissue

Explore the robust cross-platform agreement between scRNA-seq and bulk RNA-seq, ensuring consistent and reproducible data on immune cell presence.
Whitepaper

Straight to Market in an Autoinjector

The use of prefilled syringes to administer biotherapeutics is beginning to gain traction because they offer a range of stability, efficacy, and patient safety benefits. Download this white paper to learn how Lonza has developed a novel workflow to ensure confidence regarding functionality in PFS and autoinjectors.
Whitepaper

Planning for success in cell-based manufacturing

Learn how to evaluate quality documentation to help you select the right raw materials at early decision points for your cell-based manufacturing processes.
 

Industry Events

On Helix

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

 

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