Biotech: Page 2
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At JPM, Biogen CEO tries to take down the deal temperature
While Biogen has made an opportunistic bid for partner Sage, its top executive seemed to play down the urgency for his company to go after larger deals.
By Jacob Bell • Jan. 15, 2025 -
News roundup
J&J files a potential blockbuster; Lykos shakes up its board
The pharma began submitting its TAR-200 bladder cancer treatment to the FDA. Elsewhere, Sarepta and Madrigal reported strong revenue numbers, while Bausch + Lomb made an acquisition.
By BioPharma Dive team • Jan. 15, 2025 -
Explore the Trendline➔
National Institutes of Allergy and Infectious Diseases. (2016). "Human natural killer cell" [Micrograph]. Retrieved from Flickr.TrendlineCell therapy
The continued emergence of CAR-T therapy has fueled research into next-generation approaches and new applications, such as its use in autoimmune diseases.
By BioPharma Dive staff -
JPM25: Amgen’s defense, Merck’s patent ‘hill’ and Viking’s long-term planning
Executives at Amgen made the case for MariTide's differentiation, while Merck's CEO contended Keytruda's coming loss of exclusivity can be managed.
By Ben Fidler , Gwendolyn Wu , Jonathan Gardner • Jan. 14, 2025 -
Regenxbio licenses gene therapies to Japan’s Nippon Shinyaku
Nippon Shinyaku will pay Regenxbio $110 million upfront for U.S. and Asia rights to treatments for Hunter and Hurler syndromes.
By Ned Pagliarulo • Jan. 14, 2025 -
5 questions facing emerging biotech in 2025
Young drugmakers confront several harsh realities this year, among them a contracting sector and competition from China.
By Ben Fidler , Gwendolyn Wu , Ned Pagliarulo • Jan. 14, 2025 -
JPM25: Deals, Summit’s bravado and gene therapy headwinds
Drug executives talked M&A and the incoming administration, but also weighed the outlook for cell and gene therapy developers after a difficult year.
By Ben Fidler , Delilah Alvarado , Gwendolyn Wu • Updated Jan. 14, 2025 -
Biogen’s ‘cold and calculated’ offer to buy Sage receives a mixed reaction on Wall Street
Analysts say the deal, which would give Biogen full control over the drug Zurzuvae, could be a smart financial move. Yet it's also unlikely to appease broader investor concerns.
By Jacob Bell • Jan. 13, 2025 -
Moderna shares tumble on slashed sales guidance
The company lost more than $3 billion in market value after cutting its forecast for 2025 revenue from its COVID-19 and RSV vaccines.
By Delilah Alvarado • Jan. 13, 2025 -
Gene editing
Tune raises $175M for hepatitis B medicine, epigenetic research
The biotech plans to use the funding to advance clinical testing of an epigenetic silencing therapy it hopes could treat chronic hepatitis B infections.
By Gwendolyn Wu • Jan. 12, 2025 -
News roundup
Pfizer’s PD-1 drug succeeds; AbbVie writes down $3.5B in Cerevel assets
Sasanlimab, a subcutaneous immunotherapy developed by Pfizer, could help treat bladder cancer. Elsewhere, Royalty Pharma moved to simplify its corporate structure and Biogen made another hire.
By BioPharma Dive staff • Jan. 10, 2025 -
Intellia to stop work on rare disease therapy, lay off staff
The CRISPR company will reduce its workforce by 27% over the course of the year as it discontinues a treatment for alpha-1 antitrypsin deficiency.
By Ned Pagliarulo • Jan. 10, 2025 -
Ouro, backed by GSK, joins hunt to bring bispecifics to autoimmune disease
“Practice of medicine could fundamentally change with these types of therapies,” said CEO Jaideep Dudani.
By Ben Fidler • Jan. 10, 2025 -
Healthcare venture capital investment boosted by AI in 2024: report
Nearly 30% of the funding poured into healthcare startups last year, including for biotechs, went to companies leveraging artificial intelligence, according to Silicon Valley Bank.
By Emily Olsen • Jan. 9, 2025 -
Verdiva starts up with $411M and a portfolio of obesity drugs from China
The newly launched biotech is equipped with rights to a trio of weight loss medicines licensed from China-based Sciwind Biosciences, led by an oral therapy ready for Phase 2 testing.
By Kristin Jensen • Jan. 9, 2025 -
Kidney disease drugmaker Maze files for IPO
Maze fits the mold of biotechs that have pulled off successful offerings recently: The seven-year old startup, which raised about $500 million privately, has a drug in Phase 2 testing.
By Gwendolyn Wu • Jan. 8, 2025 -
News roundup
Tenvie raises $200M for brain drug R&D; Sana spikes on single patient’s results
The Arch-backed startup begins life with several assets acquired from Denali Therapeutics. Elsewhere, Jasper got a negative reaction to data for its hives drug and Stoke finalized Phase 3 trial plans.
By BioPharma Dive staff • Jan. 8, 2025 -
Galapagos, after research struggles, will split in two and revamp Gilead deal
Alongside plans to spin out a new company, the Belgian drugmaker said it will cut some 300 positions, or about 40% of its current workforce.
By Kristin Jensen • Jan. 8, 2025 -
Vertex, startup Orna to partner on gene editing research
The three-year partnership is another example of Vertex’s interest in improving on Casgevy, its CRISPR medicine for sickle cell and beta thalassemia.
By Delilah Alvarado • Jan. 7, 2025 -
Metsera reveals data supporting long-acting obesity shot
The startup, which has already raised more than half a billion dollars, released Phase 2 results that could position its drug as a future threat to weight loss medicines from Novo Nordisk and Eli Lilly.
By Jonathan Gardner • Jan. 7, 2025 -
Orbis raises $93M to turn popular biologics into pills
The startup is developing macrocyles, which share strengths of both small molecules and biologics, as oral medicines against “validated blockbuster biologic targets.”
By Gwendolyn Wu • Jan. 6, 2025 -
News roundup
Pfizer exits Sangamo pact; Roche, Ideaya strike ADC deals
Sangamo shares fell on Pfizer’s decision to hand back rights to a hemophilia gene therapy. Elsewhere, Novartis got long-awaited data and BioNTech settled with the NIH.
By BioPharma Dive staff • Jan. 2, 2025 -
News roundup
Ionis gets a milestone approval; Another top FDA official to step down
The clearance of Tryngolza gives Ionis its first wholly-owned, marketed medicine. Elsewhere, Robert Temple became the latest FDA leader to leave the agency, and two biotechs cut research deals.
By BioPharma Dive staff • Dec. 20, 2024 -
A venture firm breathes new life into an old NGM drug
A startup formed by KdT Ventures intends to test the drug, which was once licensed to Merck and evaluated in multiple metabolic disorders, for an unspecified rare condition.
By Gwendolyn Wu • Dec. 19, 2024 -
Vertex ‘ends the year in pain’ as latest non-opioid drug data disappoint
Mixed results from a study focused on lower back pain left analysts wanting as well as confused about Vertex's plans to forge ahead in the indication.
By Jacob Bell • Dec. 19, 2024 -
Ottimo raises $140M to compete in chase for new type of cancer drug
Led by former Seagen CEO David Epstein, the startup claims it has a drug that could stand out from other PD1- and VEGF-blocking cancer treatments.
By Ben Fidler • Dec. 19, 2024