Alphabet spinoff raises $300M+ for ‘next wave of AI’

Today’s Big News

Dec 18, 2024

Ring Therapeutics lays off just under half of staff in second wave of cuts this year, CEO set to step down


Merck & Co. boosts GLP-1 portfolio by paying $112M upfront for Hansoh's preclinical drug


Alphabet spinoff SandboxAQ raises $300M fund for ‘next wave of AI’


After studies flag possible link between Novo's Ozempic and rare eye disorder, EU plans to investigate: Reuters


Regeneron's Eylea HD passes key test in retinal vein occlusion, teeing up 2025 FDA filing as Eylea threats mount


Roche to bring mass spec to routine labs with new cobas system’s European approval


Takeda casts a new line with first DTC campaign for HyQvia in CIDP


Novartis and BioAge take on age-related diseases in new $550M pact

 

Featured

Ring Therapeutics lays off just under half of staff in 2nd wave of cuts this year, CEO set to step down

Ring Therapeutics, a Flagship Pioneering-backed biotech developing new viral vectors for gene therapy delivery, has cut its staff by just under 50%, a company spokesperson confirmed to Fierce Biotech.
 

Top Stories

Merck & Co. boosts GLP-1 portfolio by paying $112M upfront for Hansoh's preclinical drug

Merck & Co. has added a second GLP-1 candidate to its pipeline, paying China’s Hansoh Pharma $112 million upfront for a preclinical drug.

Alphabet spinoff SandboxAQ raises $300M fund for 'next wave of AI'

Alphabet spinoff SandboxAQ has raised more than $300 million to go toward developing AI applications across multiple areas including drug discovery, chemistry and medical devices.

After studies flag possible link between Novo's Ozempic and rare eye disorder, EU plans to investigate: Reuters

After the recent release of two independent studies suggested the use of Ozempic increases patients' chances of developing a rare eye disorder, the European Union has decided to investigate the issue, according to a report from Reuters.

Regeneron's Eylea HD passes key test in retinal vein occlusion, teeing up 2025 FDA filing as Eylea threats mount

High-dose Eylea demonstrated non-inferiority to the original version of the drug in patients with macular edema following retinal vein occlusion, an indication Eylea has held for a decade.

Roche to bring mass spec to routine labs with new cobas system’s European approval

Roche plans to expand its automated testing menu to more than 60 analytes that gauge vitamin D metabolites, immunosuppressant and other therapeutic drug levels.

Takeda casts a new line with first DTC campaign for HyQvia in CIDP

Takeda kicked off 2024 by reeling in an approval for HyQvia in chronic inflammatory demyelinating polyneuropathy, and it’s closing out the year by launching its first direct-to-consumer campaign for the new indication.

Novartis, BioAge take on age-related diseases in $550M pact

Freshly public BioAge Labs has secured a multi-year partnership with Novartis that focuses on age-related diseases and includes the possibility of up to $550 million biobucks.

Trio of Indian drugmakers issue recalls tied to impurity, labeling issues

Indian drugmakers Aurobindo, Glenmark and Zydus have issued separate sweeping drug recalls over issues pertaining to impurities and labeling. The product pulls were catalogued in a recent edition of the FDA's weekly enforcement report.

BD, Babson Diagnostics expand fingertip blood draws to urgent care clinics, doctors' offices

BD and Babson Diagnostics are making their miniaturized approach available to healthcare providers after years of development.

India's ACG kicks off operations at mammoth capsule plant in Thailand

ACG this week commenced work at its new, 175,000-square-meter capsule production plant in Rayong on Thailand’s east coast. The sprawling facility, which is bigger than 32 football fields, represents the largest of its kind in the country and is expected to crank out some 20 billion hard gelatin capsules per year.

Novo Holdings leads SiteOne's $100M series C for non-opioid pain treatments

SiteOne Therapeutics is powering up with $100 million to advance its early pipeline of non-opioid therapeutics that target the peripheral nervous system instead of the central nervous system.

CMI Media Group taps Anoki AI to fine-tune pharma ad targeting

CMI Media Group’s pharmaceutical ads that play via streaming services are about to get a lot smarter.

mRNA vaccine from CDC and Moderna protects ferrets from current avian influenza strain

As human cases of avian influenza slowly tick up amid the outbreak in U.S. dairy cattle, the Centers for Disease Control and Prevention and Moderna have teamed up to design an mRNA vaccine for the current variant that successfully protected ferrets from succumbing to the virus.
 
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

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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.
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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.
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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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