Radiant Bio snags $35M for antibody platform, with GSK and Regeneron...
A drug developer aiming to create more potent, effective antibodies unveiled a $35 million Series A on Wednesday with the support of the Bill & Melinda Gates Foundation and Canadian VC firm...
View ArticleNovo Nordisk's oral amycretin could lead to more weight loss beyond 12 weeks,...
Novo Nordisk touted more data for its oral amycretin, noting that subjects had not reached a plateau in their weight loss at the end of the early-stage trial. The Danish company previously teased...
View ArticlePanTera raises €93M to ‘radically improve supply’ of actinium for...
A radioisotope producer that has Bayer in its client list has raised €93 million ($103 million) in a Series A raise to build its first commercial manufacturing facility. Isotope manufacturer PanTera’s...
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Sanofi opens ‘world first’ modular vaccines and biologics factory in France
Sanofi has completed construction of a so-called modular facility in France that the company said can quickly switch manufacturing processes that would traditionally take months to complete. The...
View ArticleXencor’s $175M offering; Viridian to raise $150M
Plus, news about Hyundai Bioscience, Clear Scientific and Terns Pharmaceuticals: Xencor prices $175M offering: The Pasadena, CA-based biotech made the financing move after announcing drug candidates in...
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Roche says its Carmot-acquired obesity pill is effective in early study
Roche’s once-daily oral weight loss pill helped Phase 1 subjects lose up to 7.3% of their body weight within one month, which is less than competitors who measured the performance of their oral options...
View ArticleFDA drafts new strategy to boost the use of advanced manufacturing tech
The FDA on Wednesday unveiled the outline of its plans to support the use of new drug manufacturing technologies, part of the agency’s commitments under the latest user fee program. The seven-page...
View ArticleFDA is poised to pull Ocaliva as adcomm documents question post-approval...
The FDA appeared ready to pull its accelerated approval of Alfasigma and Intercept Pharmaceuticals’ rare liver disease drug Ocaliva, bluntly laying out its rationale in briefing documents ahead of...
View ArticleFDA criticizes AbbVie's 'misleading' ad with Serena Williams
The FDA’s Office of Prescription Drug Promotion sent a letter to AbbVie late last month, calling out the company for what it said was a misleading migraine drug television advertisement, and for using...
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Novo Nordisk's longstanding GLP-1 reduced BMI by 7% in children in Phase 3 trial
Novo Nordisk said children between the ages of 6 and 12 saw a 7.4% reduction in BMI over about a year in a late-stage trial investigating its weight loss drug Saxenda in a pediatric population. The...
View ArticleCVS says it won't correct congressional testimony
The head of CVS Health’s PBM unit won’t correct testimony given to Congress, the company’s lawyers said in a letter to the House Oversight Committee, arguing that the executive’s comments were...
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J&J expands Tremfya into IBD with new FDA approval
The FDA has approved Johnson & Johnson’s IL-23 blocker Tremfya to treat ulcerative colitis, a boost to the pharma’s hopes that the drug will serve as a worthy follow-up to the blockbuster Stelara....
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Sanofi buys into radiopharmaceutical field with $110M upfront, going after...
While it’s put more emphasis on becoming an “immunology powerhouse” in recent quarters, Sanofi still shows signs of interest in oncology. On Thursday it announced licensing deals with the radiopharma...
View ArticleModerna plans $1.1B in R&D and program cuts, delays break-even point to 2028
Stéphane Bancel has relented to Wall Street’s desire for cost-cutting and reining in Moderna’s pipeline. To kick off its annual R&D day in New York, Moderna said Thursday that it will slash its...
View ArticleAura's infrared light-activated drug stops tumor growth and preserves vision...
Aura Biosciences said eight of 10 patients with a rare eye cancer who received a therapeutic dose of its experimental virus-like drug conjugate saw their tumors stop growing at one year. Of the 10...
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F2G inks $100M Series H for another shot at treating fungal infections
Manchester, UK-based F2G has patched together another $100 million in funding a little over a year after receiving a CRL for its experimental fungal infection drug known as olorofim, it said Thursday...
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Cancer gene therapy startup Vironexis emerges from stealth with $26M seed round
A new startup attempting to develop AAV gene therapies to treat cancer emerged from stealth Thursday morning with $26 million in seed funding — and a plan to quickly get into the clinic. Vironexis...
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Noom offers compounded GLP-1 drugs, promises patients can quit and keep...
(This story is from our new Health Tech newsletter. If you’d like to sign up, just click here.) Noom is the latest weight loss startup to start prescribing compounded versions of the obesity...
View ArticleGilead says twice-yearly HIV prevention shot succeeds in second pivotal trial
Gilead announced that its twice-a-year HIV injection prevented all but two cases of HIV among 2,180 participants in a Phase 3 study as it prepares to launch the drug, called lenacapavir, in 2025 for...
View ArticleLilly budgets $1.8B to boost Kisunla, GLP-1 manufacturing in Ireland
Eli Lilly is rapidly increasing its presence in Ireland with a $1 billion expansion to bolster its biologic drug production and a separate $800 million investment to further grow its GLP-1...
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