Biotech: Page 47
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Moderna reports ‘encouraging’ early data for one of its rare disease medicines
Now known for its vaccine research, the biotech said its clinical trial is the first to report results of a messenger RNA therapeutic designed for intracellular protein replacement.
By Jacob Bell • May 19, 2023 - 
                    
                    
                        
                    
                    
                    
Mustang pares research, sells manufacturing plant to save money
The biotech joins a score of other cell and gene therapy developers that, on the heels of a historic market downturn, have cut costs.
By Jacob Bell • May 18, 2023 - 
    
    
                
                
                    Explore the Trendline➔
                
            
            
            
                
                    Spencer Platt via Getty Images
            TrendlineEmerging biotech
New biotechs continue to emerge despite a challenging market environment that has forced venture firms to build their drug startups more cautiously.
By BioPharma Dive staff - 
                    
                    
                        
                    
                    
                    
Billy Dunn, former FDA neuroscience head, joins Prothena board
Dunn is joining the neurological drug developer less than three months after stepping down from his role leading an agency office responsible for several controversial regulatory reviews.
By Kristin Jensen • May 17, 2023 - 
                    
                    
                        
                    
                    
                    
Siren emerges from stealth with plans to marry gene therapy to cancer immunotherapy
Spun out of the lab of former UCSF researcher Nicole Paulk, the biotech is targeting brain and eye tumors with a new kind of treatment it has dubbed “immuno-gene therapy.”
By Ned Pagliarulo • May 17, 2023 - 
                    
                    
                        
                    
                    
                    
Biotech Scribe strikes gene editing deal with Lilly subsidiary
The California-based company now has partnerships in place with Sanofi, Biogen and Lilly’s Prevail.
By Gwendolyn Wu • May 16, 2023 - 
                    
                    
                        
                    
                    
                    
Biotech startup Ray raises $100M for vision-restoring gene therapies
Founded in early 2021, the company is using optogenetics to design treatments that could work across disease genotypes and in the later stages of vision loss.
By Ned Pagliarulo • May 16, 2023 - 
                    
                    
                        
                    
                    
                    
Flagship’s newest startup is imitating nature to make new drugs
The latest startup from one of biotech’s most prolific company creators has $50 million to explore a new way of designing medicines.
By Gwendolyn Wu • May 16, 2023 - 
                    
                    
                        
                    
                    
                    
Gilead expands Arcus partnership, with eye to inflammatory disease
The new deal is worth up to $1 billion, and will see the two collaborators work together on up to four inflammatory disease drug targets.
By Jonathan Gardner • May 15, 2023 - 
                    
                    
                        
                    
                    
                    
Nido debuts with $109M for its precision approach to brain drugs
Backed by 5AM Ventures and Eli Lilly, the startup has advanced a drug for spinal and bulbar muscular atrophy into clinical testing.
By Gwendolyn Wu • May 15, 2023 - 
                    
                    
                        
                    
                    
                    Sponsored by MMIT, a Norstella Company
How real-world data helps manufacturers see the complete market access story
Using labs and claims data, pharma companies can uncover new opportunities to improve market access for patients.
By Dinesh Kabaleeswaran, SVP of Consulting and Advisory Services, MMIT • May 15, 2023 - 
                    
                    
                        
                    
                    
                    Sponsored by Vetter Pharma
How to successfully bring your drug product to launch
Vetter brings a proven launch management process that combines extensive experience with in-depth product knowledge.
By Dr. Anna Schamberger, Director Customer Project Management & Sabrina Schumacher, Team Leader Customer Service • May 15, 2023 - 
                    
                    
                        
                    
                    
                    
Amylyx’s ALS drug again surpasses Wall Street expectations
Revenue from the biotech’s ALS therapy Relyvrio totaled $71.4 million in the first quarter, well above analyst estimates and helping the company turn a profit only months into the drug’s launch.
By Jacob Bell • May 11, 2023 - 
                    
                    
                        
                    
                    
                    New Alzheimer's drugs
Alzheimer’s doctors see promise, limits in Lilly’s latest drug data
While some see the new donanemab results as adding to a “watershed moment” in Alzheimer’s research, others say they reinforce the limitations of so-called anti-amyloid therapies.
By Jacob Bell • May 10, 2023 - 
                    
                    
                        
                    
                    
                    
Cancer vaccine from BioNTech, Roche shows potential in small study
The companies’ personalized shot generated tumor-specific T cells that researchers hope could prevent pancreatic cancer from returning after surgery.
By Jonathan Gardner • May 10, 2023 - 
                    
                    
                        
                    
                    
                    
Gilead acquires San Diego startup for early-stage cancer, immune drugs
The buyout of privately held XinThera continues a string of recent acquisitions of smaller biotechs by Gilead and hands it a group of drug prospects that could begin clinical testing later this year.
By Ned Pagliarulo • May 9, 2023 - 
                    
                    
                        
                    
                    
                    
Roche pays China-based biotech $70M for a new HER2 drug
The drug, currently in Phase 1, is an oral medicine designed to cross the blood-brain barrier and better treat HER2 tumors that have spread to the brain.
By Jonathan Gardner • May 9, 2023 - 
                    
                    
                        
                    
                    
                    
EQRx resets strategy, abandoning plans to disrupt drug pricing
Launched in 2020 with a "radical" vision, EQRx ran into roadblocks that stymied its efforts to develop new medicines and undercut competitors on price.
By Ned Pagliarulo • May 8, 2023 - 
                    
                    
                        
                    
                    
                    
Recursion to acquire two Canadian drug discovery startups
The company agreed to buy Cyclica and Valence after winnowing down a list of more than 100 potential takeover targets, its CEO told BioPharma Dive.
By Gwendolyn Wu • May 8, 2023 - 
                    
                    
                        
                    
                    
                    
Former Rubius, Laronde CEO Cagnoni to join Incyte
Six months after being named head of RNA-focused biotech Laronde, Pablo Cagnoni has left the buzzy startup to run Incyte’s R&D work.
By Delilah Alvarado • May 8, 2023 - 
                    
                    
                        
                    
                    
                    Sponsored by OM1
Amplifying lupus disease activity with real-world data and machine learning
Although there is currently no cure, there is great promise in the fight against lupus. Real-world data and artificial intelligence are both critical to the future of clinical research.
By Jessica Probst, MPH, Senior Specialist, Real World Evidence, OM1 • May 8, 2023 - 
                    
                    
                        
                    
                    
                    
FibroGen’s anemia pill falls short in blood cancer study
The medicine, available in Europe but rejected two years ago by U.S. regulators, didn’t eliminate the need for blood transfusions among patients with myelodysplastic syndrome.
By Jonathan Gardner • May 5, 2023 - 
                    
                    
                        
                    
                    
                    
Convergent raises $90M to develop its radiopharmaceutical for prostate cancer
The biotech is the latest startup to capitalize on rising investor interest in targeted drugs that use radioisotopes to destroy tumors.
By Delilah Alvarado • May 5, 2023 - 
                    
                    
                        
                    
                    
                    
Apellis reports strong start for new vision loss drug
Higher-than-expected sales of the geographic atrophy therapy Syfovre pushed shares in Apellis higher, and could add to speculation about a takeover.
By Ned Pagliarulo • May 5, 2023 - 
                    
                    
                        
                    
                    
                    
Acelyrin follows Kenvue with largest IPO for a biotech startup since 2021
The $540 million offering adds to evidence suggesting young drugmakers may need to be well into clinical testing before going public in the current market.
By Gwendolyn Wu • Updated May 8, 2023 - 
                    
                    
                        
                    
                    
                    
Lilly’s new Alzheimer’s data may both help and hinder rival Biogen
The success of Lilly’s donanemab in slowing Alzheimer’s progression should reinforce the potential of Leqembi — a similar, recently approved medicine from Eisai and Biogen — but may also make for stiff competition.
By Jacob Bell • May 3, 2023