Biotech: Page 9
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Novo gains Lexicon obesity drug; CRISPR COO to step down
Novo is paying up to $1 billion for a “non-incretin” medicine that might boost Wegovy’s effects. Elsewhere, Arbutus laid off 57% of its workforce and Bicycle Therapeutics shook up its leadership team.
By Ben Fidler • March 28, 2025 -
Immune reset
Nkarta to lay off staff, senior leadership, in bid to advance autoimmune cell therapy
The biotech is slashing a third of its workforce and more than half of its executive team in moves it called “necessary in today’s challenging financial and competitive environment.”
By Ben Fidler • March 27, 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 -
Alcon buys majority stake in IPO-seeking cell therapy startup Aurion
The share acquisition is the latest twist in a dispute between Alcon and fellow Aurion shareholder Deerfield Management over the direction of the company, which filed to go public in January.
By Kristin Jensen • March 27, 2025 -
First Prader-Willi drug to reduce hunger approved by FDA
Clearance of Vykat unlocks what analysts anticipate will be a lucrative market opportunity for Soleno Therapeutics.
By Ben Fidler • Updated March 27, 2025 -
Bayer gains cancer drug from China’s Puhe; Axsome gets mixed ADHD data
The German firm licensed a PRMT5 inhibitor that’s now in Phase 1 testing. Elsewhere, GSK is testing an intriguing hypothesis and Novo fine tuned its Wegovy cash-pay program.
By BioPharma Dive staff • March 26, 2025 -
Wave to seek approval of Duchenne drug after mid-stage study data
The company plans to file next year for an accelerated clearance of its "exon-skipping" treatment, which would compete with one of Sarepta's medicines.
By Kristin Jensen • March 26, 2025 -
Epicrispr banks $68M to test epigenetic editing on rare muscle disease
The startup is using CRISPR tools to stop errant expression of a gene linked to facioscapulohumeral muscular dystrophy, a disorder on the radars of several drugmakers.
By Gwendolyn Wu • March 26, 2025 -
Character Biosciences raises $93M with an eye on vision loss drugs
The startup is bringing into Phase 1 testing an experimental treatment it says could be more effective than marketed geographic atrophy medicines.
By Gwendolyn Wu • March 25, 2025 -
23andMe files for bankruptcy as CEO Anne Wojcicki resigns
The DNA-testing company plans to sell its assets after the board rejected an acquisition proposal from Wojcicki.
By Elise Reuter • March 24, 2025 -
Biogen plots new global headquarters in Kendall Square
The big biotech signed a 15-year lease for approximately 580,000-square-feet of space in “Kendall Commons,” a development project spearheaded by MIT.
By Jacob Bell • March 24, 2025 -
Tempero Bio gets $70M to advance substance abuse treatment
The Series B round will help the Aditum Bio-backed startup fund two mid-stage clinical trials in people with alcohol and cocaine use disorders.
By Delilah Alvarado • March 24, 2025 -
AstraZeneca deepens China investment; Editas loses CFO to Dyne
The pharma is spending $2.5 billion on an R&D center in Beijing. Elsewhere, Adaptimmune warned it could run out of cash and Pfizer sold its remaining stake in Haleon.
By BioPharma Dive staff • March 21, 2025 -
Alnylam prices heart drug at premium to rivals
Initially, Amvuttra’s annual list price will be nearly double the yearly cost of rival medicines from Pfizer and BridgeBio. But executives argue its “compelling and highly differentiated value” justify the higher charge.
By Ben Fidler • March 21, 2025 -
Alnylam drug gets long-awaited FDA approval in deadly heart disease
Amvuttra’s clearance in a rare form of cardiomyopathy could help Alnylam turn a regular profit — if it can wrest control of a fast-changing market.
By Ben Fidler • Updated March 20, 2025 -
Cargo shelves cell therapy research, lays off more staff
CEO Gina Chapman is also departing the company, which plans to review options for pursuing a reverse merger or other business combination.
By Gwendolyn Wu • March 19, 2025 -
Stoke CEO exits; Medicare drug price talks advance
Ed Kaye, Stoke’s longtime leader, will be replaced by former Vertex executive Ian Smith. Elsewhere, all 12 drugmakers targeted for second round of Medicare price talks agreed to participate.
By BioPharma Dive staff • March 18, 2025 -
Startup launches
Sofinnova’s latest biotech fund sprouts three new startups
As part of its “pan-European” plans, Sofinnova is backing startups developing treatments for fibrosis, cancer and Alzheimer’s.
By Gwendolyn Wu • March 18, 2025 -
Duchenne patient dies after receiving Sarepta gene therapy
A young man treated with Elevidys died of acute liver failure. The case may give doctors pause before prescribing the treatment in the future, some analysts wrote.
By Ben Fidler • Updated March 18, 2025 -
Gene editing
Arbor raises $74M amid genetic medicine’s funding slump
The round will fund a “one-and-done” treatment for a rare kidney condition that its CEO says can address concerns patients have with therapies from Alnylam and Novo Nordisk.
By Gwendolyn Wu • March 18, 2025 -
Orca Bio to seek approval of T cell transplant after positive trial data
Results showed Orca’s treatment, a purified mix of donor-derived T cells and stem cells, was safer than standard transplant in treating certain blood cancers.
By Ned Pagliarulo • March 17, 2025 -
Pain drugs
Latigo raises $150M to get non-opioid pain drugs through key tests
The round, which included more than a dozen investment firms, should give the startup enough cash to get late-stage data for its lead candidate.
By Jacob Bell • March 17, 2025 -
Sponsored by 1nHealth
How biotech and pharma teams are reaching LPI ahead of schedule
With the right strategy, reaching LPI ahead of schedule isn’t a myth. Learn how some biotech and pharma teams are achieving the impossible.
By Katie Rodammer and Ryan Day • March 17, 2025 -
Makary advances to full senate vote; Acelyrin, Pliant adopt ‘poison pills’
President Trump’s nominee to run the FDA secured the Senate HELP Committee’s backing. Elsewhere, Sutro cut jobs and a cell and gene therapy pilot appeared to survive.
By BioPharma Dive staff • March 14, 2025 -
MeiraGTx spins Parkinson’s, obesity gene therapies into AI startup
The joint venture with generative AI firm Hologen hands MeiraGTx $200 million up front as well as other financial perks — a “transformative” deal, according to the company’s CEO.
By Jacob Bell • March 13, 2025 -
Obesity drugs
Roche broadens obesity drug plans with $1.65B Zealand deal
The deal gives the Swiss pharma access to an experimental amylin-targeting treatment it will test in combination with drugs it acquired from Carmot.
By Jonathan Gardner • March 12, 2025