Biotech: Page 23


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    Doucefleur via Getty Images
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    SciRhom pulls in $70M for a new type of immune disease drug

    The Series A round will help the startup bring its lead candidate, an antibody aimed at the protein iRhom2, into human testing by the end of 2024.

    By July 9, 2024
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    Joe Raedle via Getty Images
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    HilleVax’s norovirus vaccine ineffective in large trial of infants

    Shares in HilleVax plummeted after the company reported its experimental shot failed to meet the primary and secondary goals of the Phase 2b study.

    By July 8, 2024
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    National Institutes of Allergy and Infectious Diseases. (2016). "Human natural killer cell" [Micrograph]. Retrieved from Flickr.
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    Trendline

    Cell 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
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    Daniel Tadevosyan via Getty Images
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    Ligand to buy Apeiron; Roche reports another TIGIT setback

    Acquiring Apeiron will hand Ligand royalty rights on the neuroblastoma drug Qarziba. Elsewhere, CSL reported the first commercial treatment of patients in Europe with its gene therapy Hemgenix.

    By BioPharma Dive staff • July 8, 2024
  • Myricx Bio co-founders Andrew Bell, Roberto Solari and Ed Tate, and CEO Robin Carr in a laboratory.
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    Permission granted by Myricx Bio
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    A London biotech raises $114M to hone a new ADC payload

    Myricx Bio is developing a type of payload that it thinks could work in tumors resistant to the toxins contained in ADCs like Enhertu and Trodelvy.

    By July 8, 2024
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    Courtesy of CureVac
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    CureVac cuts jobs, licenses out vaccines to GSK

    The mRNA specialist plans to eliminate 30% of its workforce as part of a restructuring that will prioritize “high-value” projects like its cancer vaccines.

    By July 3, 2024
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    Daniel Tadevosyan via Getty Images
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    Beacon raises $170M for eye gene therapy; J&J confirms Carvykti survival benefit

    Forbion led the startup’s Series B round. Elsewhere, Vertex got an FDA decision date for its “vanza triple” and Dupixent won a marketing green light in Europe for COPD.

    By BioPharma Dive staff • July 3, 2024
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    Maddie Meyer via Getty Images
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    Moderna gets US funding for bird flu vaccine development

    BARDA will provide Moderna with $176 million to advance late-stage testing of an H5 influenza shot, as health officials monitor animal outbreaks.

    By July 2, 2024
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    Scott Olson via Getty Images
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    Eli Lilly inks another radiopharma deal, gaining option to buy startup

    Under an arrangement with Radionetics, Lilly will have rights to acquire the San Diego biotechnology company for $1 billion.

    By July 1, 2024
  • Employees of biotechnology company UniQure work in a laboratory.
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    Courtesy of UniQure
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    UniQure, with sale of plant, outsources Hemgenix manufacturing

    The gene therapy developer, which cut jobs in October, expects the sale of a Lexington, Massachusetts, facility to Genezen to lower its cash burn.

    By July 1, 2024
  • 3D Rendering of a Natural Killer Cell (NK Cell) destroying a cancer cell.
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    Marcin Klapczynski via Getty Images
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    With revised IPO pitch, Artiva touts ‘natural killer’ cell therapy for autoimmune disease

    Like many of its cell therapy peers, Artiva, which originally sought an IPO in 2021, has shifted its strategy to ride a wave of investor interest in autoimmune disease research.

    By July 1, 2024
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    Kendall Davis/BioPharma Dive
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    Deep Dive

    10 clinical trials to watch in the second half of 2024

    Study results are expected for two closely watched obesity drugs, while key tests await for a high-priced AbbVie acquisition and one of 2023’s largest IPOs.

    By BioPharma Dive staff • July 1, 2024
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    Daniel Tadevosyan via Getty Images
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    PTC faces another Duchenne drug rejection; Coherus sells Humira biosimilar

    European drug regulators voted for a third time not to renew the approval of Translarna. Elsewhere, Sanofi invested in a brain disease biotech and Esperion sold royalties to help pay off a loan. 

    By BioPharma Dive staff • June 28, 2024
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    hapabapa via Getty Images
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    ​​​​​​​Alumis cuts IPO size, but nets $250M for immune drug work

    Alumis’ public offering comes during an uptick in interest in immune drugs. Still, the company sold fewer shares than intended, and added a concurrent private stock issuance to boost its total haul. 

    By June 28, 2024
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    Courtesy of Bluebird bio
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    2seventy slims down with sale of hemophilia assets to Novo

    Novo will pay $38 million in cash under the deal, which will also see 2seventy employees working on the program transfer to the Danish drugmaker.

    By June 27, 2024
  • An ion channel, colored yellow, is embedded in a cell membrane in this illustration.
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    Permission granted by Biohaven Ltd.
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    Deep Dive

    These microscopic tunnels are a goldmine for new medicines

    A growing cohort of biotechs, from Biohaven to Neurocrine to Jazz, hope research on ion channels will bring them new drugs and big business — much like it has done for Vertex.

    By June 27, 2024
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    Daniel Tadevosyan via Getty Images
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    Zealand hauls in $1B off obesity drug data; Curie.bio zeroes in on Series A’s

    Zealand capitalized on a stock surge following the release of early study results. Elsewhere, U.S. regulators rejected an AbbVie medicine and another well-funded AI drug discovery startup emerged. 

    By BioPharma Dive staff • June 26, 2024
  • Faye Feller, executive vice president, chief medical officer, Geron
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    Permission granted by Geron
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    After 33 years, Geron’s first approval marks a turn in Nobel-winning science

    The decades-long story of how a novel type of blood cancer drug went from a scientific idea to an approved product.

    By Alexandra Pecci • June 26, 2024
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    Olena_T via Getty Images
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    Exsilio debuts with $82M, pitching a ‘leap’ forward for genetic medicine

    The company claims it can address some of the field’s limitations with medicines delivered via messenger RNA and lipid nanoparticles.

    By June 25, 2024
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    Daniel Tadevosyan via Getty Images
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    Obesity drugs from Altimmune, Hengrui show potential; Lilly details Zepbound sleep apnea data

    The American Diabetes Association’s annual meeting provided a forum for early trial results on several would-be weight loss drug competitors.

    By BioPharma Dive staff • June 24, 2024
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    Ivan Balvan via Getty Images
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    Alnylam says heart drug succeeds in closely watched study

    Positive results from a Phase 3 trial of vutrisiran in transthyretin amyloidosis cardiomyopathy set up a market competition with Pfizer and BridgeBio.

    By Updated June 24, 2024
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    Daniel Tadevosyan via Getty Images
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    Jazz drug for tremor fails study; Radiopharma drug developer ITM swaps CEOs

    A medicine Jazz acquired in 2019 missed the goal of a Phase 2 study. Elsewhere, Vanda rejected two takeover bids and Ashibio emerged from stealth with an antibody licensed from Gilead.

    By BioPharma Dive staff • June 21, 2024
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    iStock / Getty Images Plus via Getty Images
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    Obesity drug from Zealand shows potential in early trial

    Interim study data suggest the Danish drugmaker can remain in the race to develop new kinds of weight loss drugs as doctors seek alternatives to the now dominant GLP-1s.

    By June 20, 2024
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    whitehoune via Getty Images
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    FDA lifts hold on PTC Huntington’s disease trial

    The agency has lifted a partial trial suspension based on one-year data showing PTC’s pill suppressed a key protein associated with the disorder.

    By June 20, 2024
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    Daniel Tadevosyan via Getty Images
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    Sanofi taps Belharra for immune drug research; AstraZeneca’s new cancer drug falls short

    Belharra will use its chemoproteomics technology to identify immune drugs for Sanofi. Elsewhere, Regenxbio mapped a regulatory path and Taysha shared updated results for its Rett treatment.

    By BioPharma Dive staff • June 18, 2024
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    Permission granted by Kevin Trimmer/Ascidian Therapeutics
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    Roche partners with RNA editing biotech Ascidian

    While the Swiss pharma recently pruned its neurology drug pipeline, it has shown interest in the possibilities of RNA-focused approaches like what Ascidian is exploring.

    By June 18, 2024