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December 19, 2019___

Today's Rundown

Featured Story

Minerva Neurosciences shares crushed under depression flop, development halted

First, Sage Therapeutics was hit this month with a big failure in depression. Now, Minerva Neurosciences (the namesake, incidentally, of the Roman goddess Minerva) is following suit.

Top Stories

Biogen bets $45M on Ionis' phase 1 Alzheimer's med

Looks like Biogen is going all in on Alzheimer’s disease—the Big Biotech is picking up a tau-targeting treatment from Ionis for $45 million upfront. Currently in phase 1, the antisense treatment, IONIS-MAPTRx, is designed to cut down on the production of tau proteins in the central nervous system.

Epizyme's sarcoma drug sails through FDA panel with unanimous vote

Despite questions raised by FDA staff about its safety and efficacy—not to mention the small trial size—Epizyme's epithelioid sarcoma drug walked away from the meeting with an “unusually uniform” 11-0 vote.

Forma Therapeutics nets $100M to push sickle cell treatment

Genentech veteran Frank Lee landed at Forma Therapeutics as it aimed to transition from an early discovery and development company to one that was knocking on the door of approvals and commercialization. Now, Forma is reeling in $100 million to bankroll that growth.

Rheos pens Roche collab for next-gen immunometabolism research

Rheos Medicines has sealed a near $800 million biobucks deal with Swiss major Roche to seek out and develop new meds for autoimmune and inflammatory diseases.

Turnstone teams up with Takeda in $900M deal to work on biotech's oncolytic drug

Fierce 15 winner Turnstone Biologics has penned a near $1 billion biobucks deal with biotech’s best friend, Takeda.

How Alexion's FcRn inhibitor attacks autoimmune diseases from 2 sides

Working with investigators at Brigham and Women’s Hospital, scientists from Syntimmune, now part of Alexion, have shown that its FcRn inhibitor takes a two-pronged approach to tackling autoimmune diseases, by lowering both IgG levels and IgG circulating immune complexes.

FTC puts the brakes on Illumina's $1.2B offer for DNA sequencing rival PacBio

The Federal Trade Commission has moved to block Illumina’s $1.2 billion takeover of its emerging rival, Pacific Biosciences, saying the DNA sequencing giant would substantially be harming competition.

Seattle Genetics, Astellas snag quick FDA approval for bladder cancer fighter Padcev

Historically, metastatic bladder cancer has been “a very bad prognosis,” in the words of Seattle Genetics CEO Clay Siegall. But his company and partner Astellas now have a shot at trying to change that. Wednesday, the FDA approved Padcev, a first-of-its kind antibody-drug conjugate.

Resources

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[Q&A] Embarking Upon the Commercial Manufacturing Journey for a Biologic

In this Q&A, four Catalent Biologics experts share how scale-up, regulatory expectations, demand forecasting and process validation all play a role in the success of a biologic when embarking upon the commercial manufacturing journey.

[Whitepaper] Modernizing clinical trials with Amazon Web Services (AWS)

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[Whitepaper] Why Companies Leverage the Cloud to Smooth the Path to FDA Approval

See why visionaries outsource the design and management of the infrastructure allowing their scientists to innovate.

[Whitepaper] The Impact of Step-Therapy Policies on Patients

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[Case Study] Clinical Supply Management

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[Video] Demand Led Services and Clinical Supply Efficiency

Watch a short video on demand led supply model. It is designed to meet the needs of patients, clinical sites, clinical team and sponsors and results in shorter lead time, less waste, less stock out risk and no booklet labels.

[eBook] Strategies for Efficient Clinical Supply Management and Forecasting

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Events