Capstan heats up ‘in vivo’ cell therapy chase with $175M fundraise

Capstan heats up ‘in vivo’ cell therapy chase with $175M fundraise

    25 Mar 2024

Capstan Therapeutics, a biotechnology startup developing medicines that reprogram cells inside the body, has...

Mirador debuts with $400M, picking up where immune drugmaker Prometheus left off

Mirador debuts with $400M, picking up where immune drugmaker Prometheus left off

    24 Mar 2024

The executives behind autoimmune drug developer Prometheus Biosciences are back, armed with more than...

Bayer streamlines pharma leadership team amid company shakeup

Bayer streamlines pharma leadership team amid company shakeup

    24 Mar 2024

Listen to the article 3 min This audio is auto-generated. Please let us know...

Thermo Fisher, Bayer partner to develop companion diagnostics

Thermo Fisher, Bayer partner to develop companion diagnostics

    23 Mar 2024

Dive Brief: Thermo Fisher Scientific said Wednesday that it has partnered with Bayer to...

Medicare to cover Novo’s obesity drug for some patients

Medicare to cover Novo’s obesity drug for some patients

    23 Mar 2024

Listen to the article 3 min This audio is auto-generated. Please let us know...

FDA clears first-of-its-kind Duchenne drug for broad use

FDA clears first-of-its-kind Duchenne drug for broad use

    22 Mar 2024

Dive Brief: The Food and Drug Administration on Thursday approved a first-of-its-kind drug for...

NextCure to lay off 37% of staff, dial back research plans

NextCure to lay off 37% of staff, dial back research plans

    22 Mar 2024

Cancer immunotherapy developer NextCure is laying off 37% of its staff and streamlining its...

Roche autoimmune disease drug disappoints in closely watched trial

Roche autoimmune disease drug disappoints in closely watched trial

    21 Mar 2024

An autoimmune disease drug from Roche and Chugai Pharmaceutical hit its main goal in...

Orchard sets out to sell world’s priciest gene therapy

Orchard sets out to sell world’s priciest gene therapy

    21 Mar 2024

Dive Brief: Orchard Therapeutics said Wednesday it will offer a new gene therapy to...

Acelyrin eye drug heads to late-stage testing after trial win

Acelyrin eye drug heads to late-stage testing after trial win

    20 Mar 2024

A young biotechnology company plans to move an experimental medicine for a rare eye...

Orchard follows buyout with FDA approval of rare disease gene therapy

Orchard follows buyout with FDA approval of rare disease gene therapy

    20 Mar 2024

Dive Brief: Orchard Therapeutics on Monday won Food and Drug Administration approval for the...

With new data, Bayer readies rival to Astellas menopause drug

With new data, Bayer readies rival to Astellas menopause drug

    19 Mar 2024

Dive Brief: Bayer on Tuesday said it plans to seek regulatory approval of a...

Give HCPs a proactive way to reach your field team: Add inbound

Give HCPs a proactive way to reach your field team: Add inbound

    19 Mar 2024

Ask a healthcare professional (HCP), and chances are good that they’d like an easy...

Bluebird, short on cash, takes on $175M in debt financing

Bluebird, short on cash, takes on $175M in debt financing

    18 Mar 2024

Gene therapy developer Bluebird bio has raised a large debt financing in a bid...

German biotech Tubulis cashes in on ADC ‘momentum’ with €128M financing

German biotech Tubulis cashes in on ADC ‘momentum’ with €128M financing

    18 Mar 2024

Dive Brief: Tubulis, a German biotechnology startup developing antibody-drug conjugates, brought in €128 million,...

J&J, Novo support Asgard’s push to make ‘in vivo’ cell therapies

J&J, Novo support Asgard’s push to make ‘in vivo’ cell therapies

    17 Mar 2024

Asgard Therapeutics has become the latest emerging developer of “in vivo” cell therapies to...

AstraZeneca adds another rare disease drug in $800M buyout of startup Amolyt

AstraZeneca adds another rare disease drug in $800M buyout of startup Amolyt

    17 Mar 2024

Dive Brief: AstraZeneca is bolstering its rare disease division with the purchase of Amolyt...

Madrigal, FDA approval in hand, outlines plan to sell MASH drug

Madrigal, FDA approval in hand, outlines plan to sell MASH drug

    16 Mar 2024

The first drug for metabolic dysfunction-associated steatohepatitis will cost $47,400 per year, its developer,...

FDA panel backs broader use of J&J, Bristol Myers cell therapies for myeloma

FDA panel backs broader use of J&J, Bristol Myers cell therapies for myeloma

    16 Mar 2024

Advisers to the Food and Drug Administration have endorsed the use of two cellular...

Bristol Myers cell therapy wins first-of-its-kind approval

Bristol Myers cell therapy wins first-of-its-kind approval

    15 Mar 2024

Dive Brief: For the first time, the Food and Drug Administration has approved a...

Madrigal wins FDA approval of first drug for MASH

Madrigal wins FDA approval of first drug for MASH

    15 Mar 2024

The Food and Drug Administration has approved the first medicine for a common liver...

BIO changes stance, backs bill to limit China’s role in US biotech

BIO changes stance, backs bill to limit China’s role in US biotech

    14 Mar 2024

Dive Brief: The Biotechnology Innovation Organization on Wednesday backed legislation aiming to limit the...

Merck reveals plans to develop newer HPV shots

Merck reveals plans to develop newer HPV shots

    14 Mar 2024

Dive Brief: Merck on Wednesday announced plans to start clinical trials testing a newer...

FDA to focus on ‘early deaths’ in meeting on broader CAR-T use in myeloma

FDA to focus on ‘early deaths’ in meeting on broader CAR-T use in myeloma

    13 Mar 2024

Two cellular medicines for multiple myeloma were associated with an increased risk of early...

Allogene taps Arbor in pursuit of ‘off-the-shelf’ CAR-T therapies for autoimmune disease

Allogene taps Arbor in pursuit of ‘off-the-shelf’ CAR-T therapies for autoimmune disease

    13 Mar 2024

Allogene Therapeutics is turning to gene editing startup Arbor Biotechnologies for help developing “off-the-shelf”...

After surprise trial failure, ALS doctors brace for one less treatment option

After surprise trial failure, ALS doctors brace for one less treatment option

    12 Mar 2024

For Rick Bedlack, director of the ALS clinic at Duke University, tough times come...

Roche, following setbacks, turns to its next Alzheimer’s drug

Roche, following setbacks, turns to its next Alzheimer’s drug

    12 Mar 2024

Dive Brief: Roche’s experimental Alzheimer’s disease drug trontinemab showed “best-in-class” potential based on its...

J&J’s growing rare disease focus brings a potential multi-use treatment to the table

J&J’s growing rare disease focus brings a potential multi-use treatment to the table

    11 Mar 2024

Rare diseases, once a miniscule chapter in the pharma playbook, have become a major...

Biden proposes strengthening Medicare’s drug pricing power

Biden proposes strengthening Medicare’s drug pricing power

    11 Mar 2024

Dive Brief: President Biden is taking on a bipartisan bogeyman ahead of a critical...

Novo’s latest obesity pill spurs major weight loss in small trial

Novo’s latest obesity pill spurs major weight loss in small trial

    10 Mar 2024

Dive Brief: An experimental pill developed by Novo Nordisk helped obese people lose 13%...

Why Cigna is capping cost increases for pricey obesity drugs

Why Cigna is capping cost increases for pricey obesity drugs

    10 Mar 2024

Cigna is moving to limit how much health insurance providers and employers have to...

FDA delays decision on Lilly’s closely watched Alzheimer’s drug

FDA delays decision on Lilly’s closely watched Alzheimer’s drug

    09 Mar 2024

Dive Brief: The Food and Drug Administration is delaying an approval decision on Eli...

FDA clears use of Novo’s obesity drug to protect heart health

FDA clears use of Novo’s obesity drug to protect heart health

    09 Mar 2024

The Food and Drug Administration has expanded the label for Novo Nordisk’s fast-selling weight...

Amylyx ALS drug fails crucial study, putting company’s future in doubt

Amylyx ALS drug fails crucial study, putting company’s future in doubt

    08 Mar 2024

A large clinical trial meant to confirm the benefits of a new ALS medication...

NodThera says inflammation drug has positive effect in Parkinson’s

NodThera says inflammation drug has positive effect in Parkinson’s

    08 Mar 2024

A Boston-based biotechnology company on Thursday said its most advanced drug showed positive effects...

Boundless Bio, a Bayer-backed cancer biotech, seeks an IPO

Boundless Bio, a Bayer-backed cancer biotech, seeks an IPO

    07 Mar 2024

Boundless Bio, an oncology startup backed by Bayer and Arch Venture Partners, on Wednesday...

European VC Invivo readies its latest fund to back new biotechs

European VC Invivo readies its latest fund to back new biotechs

    07 Mar 2024

Dive Brief: Barcelona-based venture capital firm Invivo Partners is preparing to close an expected...

Sionna raises another $182M to challenge Vertex in cystic fibrosis

Sionna raises another $182M to challenge Vertex in cystic fibrosis

    06 Mar 2024

Dive Brief: Sionna Therapeutics, a Waltham, Massachusetts biotechnology startup, announced Wednesday it raised a...

Alnylam, Roche blood pressure drug scores in second mid-stage trial

Alnylam, Roche blood pressure drug scores in second mid-stage trial

    06 Mar 2024

Dive Brief: An experimental RNA-based medicine developed by Alnylam Pharmaceuticals, when added to standard...

Biotech IPOs heated up to start 2024. Will the surge last?

Biotech IPOs heated up to start 2024. Will the surge last?

    05 Mar 2024

After more than two years in the doldrums, initial public offerings, an important indicator...

Nocion, chasing GSK, pulls in $62M for chronic cough drug

Nocion, chasing GSK, pulls in $62M for chronic cough drug

    05 Mar 2024

Investors have poured $62 million into a biotechnology startup developing a drug to treat...

Akero strengthens MASH drug’s case with new study data

Akero strengthens MASH drug’s case with new study data

    04 Mar 2024

Dive Brief: The effects of an experimental medicine for a common liver disease strengthened...

Abingworth invests in Trodelvy development in deal with Gilead

Abingworth invests in Trodelvy development in deal with Gilead

    04 Mar 2024

Dive Brief: Abingworth, a venture capital group owned by Carlyle, will invest as much...

With BlossomHill, former Turning Point execs take aim at cancer, autoimmune disease

With BlossomHill, former Turning Point execs take aim at cancer, autoimmune disease

    03 Mar 2024

A good track record can be valuable in the uncertain and risky world of...

CDC panel mulls changes to RSV vaccine recommendation

CDC panel mulls changes to RSV vaccine recommendation

    03 Mar 2024

Advisers to the Centers for Disease Control and Prevention are weighing updates to their...

FogPharma pulls in $145M to support cancer drug research

FogPharma pulls in $145M to support cancer drug research

    02 Mar 2024

Dive Brief: Cancer drug developer FogPharma has raised $145 million in fresh funding, the...

Pfizer, looking for a jumpstart, leans into cancer drug research

Pfizer, looking for a jumpstart, leans into cancer drug research

    02 Mar 2024

Pfizer believes the answer to its sliding valuation lies in oncology.  The company, which...

Gritstone to lay off 40% of workforce after costly study delay

Gritstone to lay off 40% of workforce after costly study delay

    01 Mar 2024

Gritstone Bio will lay off about 40% of its workforce after missing out on...

Cure Ventures backs a cell therapy startup targeting Parkinson’s

Cure Ventures backs a cell therapy startup targeting Parkinson’s

    01 Mar 2024

Kenai Therapeutics, a San Diego-based biotechnology company, has raised $82 million to support its...

Women’s health company Obseva to wind down, lay off staff

Women’s health company Obseva to wind down, lay off staff

    29 Feb 2024

Dive Brief: ObsEva, a women’s health drug developer, on Wednesday said it plans to...

Incannex says psilocybin therapy lowered anxiety in small study

Incannex says psilocybin therapy lowered anxiety in small study

    29 Feb 2024

An Australian-based biotechnology company says a mid-stage clinical trial has shown that psilocybin, a...

Ginkgo adds gene editing tools in buyout of Feng Zhang-founded startup

Ginkgo adds gene editing tools in buyout of Feng Zhang-founded startup

    28 Feb 2024

Ginkgo Bioworks has acquired a biotechnology startup co-founded by gene editing pioneer Feng Zhang,...

Viking data suggest obesity drug could rival Zepbound, Wegovy

Viking data suggest obesity drug could rival Zepbound, Wegovy

    28 Feb 2024

Dive Brief: An experimental weight loss drug developed by Viking Therapeutics helped overweight and...

GSK drug meets goal in late-stage gonorrhea study

GSK drug meets goal in late-stage gonorrhea study

    27 Feb 2024

Dive Brief: GSK said Monday that its oral antibiotic succeeded in a late-stage trial in...

Humira biosimilar from Alvotech, Teva wins FDA approval on third attempt

Humira biosimilar from Alvotech, Teva wins FDA approval on third attempt

    27 Feb 2024

Dive Brief: The Food and Drug Administration on Saturday approved Alvotech and Teva Pharmaceuticals’...

Choosing laboratory equipment with workplace experience in mind

Choosing laboratory equipment with workplace experience in mind

    26 Feb 2024

The creativity and expertise of the researchers, technicians and assistants working in healthcare and...

ORI Capital, the venture firm behind CG’s big IPO, raises new biotech fund

ORI Capital, the venture firm behind CG’s big IPO, raises new biotech fund

    26 Feb 2024

ORI Capital, the China- and U.S.-based venture investor behind the biotechnology sector’s largest initial...

Novavax agrees to pay Gavi in settlement over COVID vaccine contract

Novavax agrees to pay Gavi in settlement over COVID vaccine contract

    25 Feb 2024

Dive Brief: Novavax will pay as much as $475 million to settle a dispute...

Moderna pitches RSV shot, new vaccines after ‘difficult year of transition’

Moderna pitches RSV shot, new vaccines after ‘difficult year of transition’

    25 Feb 2024

Dive Brief: Moderna shares rose by as much as 10% Thursday morning after the...

BioMarin preaches patience amid slow sales for hemophilia gene therapy

BioMarin preaches patience amid slow sales for hemophilia gene therapy

    24 Feb 2024

Dive Brief: BioMarin Pharmaceutical is struggling to sell the first marketed gene therapy for...

J&J secures EMA backing for earlier CAR-T use in multiple myeloma

J&J secures EMA backing for earlier CAR-T use in multiple myeloma

    24 Feb 2024

Dive Brief: The European Medicine Agency’s main drug review committee on Friday supported expanding...

Biden administration pledges $100M toward women’s health research

Biden administration pledges $100M toward women’s health research

    23 Feb 2024

The Biden Administration, through the Advanced Research Projects Agency for Health, has committed to...

Frontier gets $80M, Galapagos’ backing to make a better KRAS drug

Frontier gets $80M, Galapagos’ backing to make a better KRAS drug

    23 Feb 2024

Biotechnology startup Frontier Medicines has pulled in $80 million in new funding to support...

Vir, in midst of restructuring, loses its chief medical officer

Vir, in midst of restructuring, loses its chief medical officer

    22 Feb 2024

Infectious disease drug developer Vir Biotechnology on Tuesday disclosed that chief medical officer Phil...

NEJM paper fills in details on ‘remarkable’ CAR-T result in autoimmune disease

NEJM paper fills in details on ‘remarkable’ CAR-T result in autoimmune disease

    22 Feb 2024

A new research paper offers the most thorough look yet at a study that...

AstraZeneca gets new Tagrisso OK as drug succeeds in another trial

AstraZeneca gets new Tagrisso OK as drug succeeds in another trial

    21 Feb 2024

Dive Brief: AstraZeneca’s targeted cancer therapy Tagrisso can now be used alongside chemotherapy to...

FDA puts hold on Rapt trials of drug for eczema, asthma

FDA puts hold on Rapt trials of drug for eczema, asthma

    21 Feb 2024

Dive Brief: Shares of Rapt Therapeutics fell sharply Tuesday after the company disclosed U.S....

Translating complex data into actionable insights, to create big value for smaller biotech companies

Translating complex data into actionable insights, to create big value for smaller biotech companies

    20 Feb 2024

Lisa Benincosa is senior vice president of clinical pharmacology strategy at the specialized Clinical...

Ipsen drug approved by FDA for early pancreatic cancer

Ipsen drug approved by FDA for early pancreatic cancer

    19 Feb 2024

Dive Brief: The Food and Drug Administration has approved a new regimen for pancreatic...

Aurinia to cut research after sale process fails to find a buyer

Aurinia to cut research after sale process fails to find a buyer

    19 Feb 2024

Dive Brief: Aurinia Pharmaceuticals will restructure its operations and give money back to shareholders...

Astellas teams up with startup Kelonia to make ‘in vivo’ cell therapies

Astellas teams up with startup Kelonia to make ‘in vivo’ cell therapies

    18 Feb 2024

Astellas Pharma is delving deeper into cell therapies for cancer, announcing Thursday a research...

Gilead reviewing drug acquired in $5B buyout after latest setback

Gilead reviewing drug acquired in $5B buyout after latest setback

    18 Feb 2024

Gilead Sciences is evaluating the future of a cancer drug acquired in a multibillion-dollar...

FDA to review expanded use of Sarepta Duchenne gene therapy

FDA to review expanded use of Sarepta Duchenne gene therapy

    17 Feb 2024

Dive Brief: The Food and Drug Administration will decide by June 21 whether to...

ALS drug from Denali, Sanofi falls short in mid-stage study

ALS drug from Denali, Sanofi falls short in mid-stage study

    17 Feb 2024

Dive Brief: An experimental drug being developed by Denali Therapeutics and partner Sanofi for...

Intellia, ReCode partner on genetic medicines for cystic fibrosis

Intellia, ReCode partner on genetic medicines for cystic fibrosis

    16 Feb 2024

Intellia Therapeutics will work with a private biotechnology company to develop genetic medicines for...

Alnylam changes to heart drug trial spark doubts, sinking shares

Alnylam changes to heart drug trial spark doubts, sinking shares

    16 Feb 2024

Dive Brief: Alnylam Pharmaceuticals is delaying the readout of a closely watched Phase 3...

Versant-backed Firefly Bio wants to make the next generation of ADCs

Versant-backed Firefly Bio wants to make the next generation of ADCs

    15 Feb 2024

Dive Brief: Firefly Bio, a startup working to develop a new kind of cancer...

Sage offers details on launch of new postpartum depression pill

Sage offers details on launch of new postpartum depression pill

    15 Feb 2024

Sage Therapeutics said its new medicine, the first oral treatment for postpartum depression, is...

Hunting a non-opioid painkiller, a biotech startup reveals plans to chase Vertex

Hunting a non-opioid painkiller, a biotech startup reveals plans to chase Vertex

    14 Feb 2024

A little over four years ago, biotechnology giant Amgen retreated from neuroscience research, halting...

BioAge raises $170M to back Phase 2-ready obesity drug

BioAge raises $170M to back Phase 2-ready obesity drug

    14 Feb 2024

Dive Brief: Biotechnology startup BioAge Labs has raised $170 million to support an experimental...

Two GV partners on biotech’s reset and building their next drug startups

Two GV partners on biotech’s reset and building their next drug startups

    13 Feb 2024

As the venture arm of Alphabet, GV can be thought of as a technology...

Alys launches with $100M and a pipeline of skin disease drugs

Alys launches with $100M and a pipeline of skin disease drugs

    13 Feb 2024

Six biotechnology startups are merging into a new skin drug developer called Alys Pharmaceuticals,...

Chart a course for sustainable growth

Chart a course for sustainable growth

    12 Feb 2024

As life sciences and pharma services companies forge ahead in 2024, they find themselves...

Obesity drug mania takes over Amgen’s earnings call

Obesity drug mania takes over Amgen’s earnings call

    12 Feb 2024

Amgen is a global pharmaceutical company worth more than $160 billion. Nine of its...

BioNTech partners with Autolus to boost cell therapy manufacturing

BioNTech partners with Autolus to boost cell therapy manufacturing

    11 Feb 2024

BioNTech will pay $50 million and make a $200 million investment in Autolus Therapeutics...

Neurona raises another $120M for brain disease cell therapies

Neurona raises another $120M for brain disease cell therapies

    11 Feb 2024

Dive Brief: Neurona Therapeutics, a San Francisco-based biotechnology company, has raised another $120 million...

Kyverna CEO Peter Maag on courting investors in a ‘volatile’ IPO market

Kyverna CEO Peter Maag on courting investors in a ‘volatile’ IPO market

    10 Feb 2024

Biotechnology initial public offerings are showing sustained signs of life for the first time...

Takeda speeds narcolepsy drug to late-stage testing

Takeda speeds narcolepsy drug to late-stage testing

    10 Feb 2024

Takeda Pharmaceutical plans to quickly begin late-stage testing of an experimental drug for narcolepsy,...

Gene editing biotech Metagenomi pulls off nearly $94M IPO

Gene editing biotech Metagenomi pulls off nearly $94M IPO

    09 Feb 2024

Dive Brief: Metagenomi, a gene editing startup spun out of research at the University...

Pharma CEOs, pressed by Senate panel, refuse to commit to price cuts

Pharma CEOs, pressed by Senate panel, refuse to commit to price cuts

    09 Feb 2024

The CEOs of three major drugmakers defended the prices they charge U.S. patients in...

Kyverna IPO adds to biotech momentum with $319M fundraise

Kyverna IPO adds to biotech momentum with $319M fundraise

    08 Feb 2024

Dive Brief: Kyverna Therapeutics raised $319 million in a larger-than-expected initial public offering Thursday,...

BridgeBio sells partial rights to dwarfism drug for $100M

BridgeBio sells partial rights to dwarfism drug for $100M

    08 Feb 2024

Dive Brief: BridgeBio Pharma is selling partial rights to an experimental drug for a...

Venture firm Scion Life Sciences launches with $310M to back new biotechs

Venture firm Scion Life Sciences launches with $310M to back new biotechs

    07 Feb 2024

Dive Brief: Scion Life Sciences on Wednesday made its debut as a venture firm,...

Lilly sales surge on obesity, diabetes drug demand

Lilly sales surge on obesity, diabetes drug demand

    07 Feb 2024

Sales of Eli Lilly’s diabetes drug Mounjaro exceeded $5 billion in 2023, its first...

Khosla Ventures’ Alex Morgan on biotech’s challenges and solving drug delivery

Khosla Ventures’ Alex Morgan on biotech’s challenges and solving drug delivery

    06 Feb 2024

To hear venture capitalist Alex Morgan tell it, investors shouldn’t be in the business...

Novo Holdings to buy contract drugmaker Catalent for $16.5B

Novo Holdings to buy contract drugmaker Catalent for $16.5B

    06 Feb 2024

Novo Holdings, the controlling shareholder of Danish drugmaker Novo Nordisk, will buy contract manufacturer...

Biogen quits Aduhelm, handing back rights to original developer

Biogen quits Aduhelm, handing back rights to original developer

    05 Feb 2024

In 2021, the Food and Drug Administration for the first time approved a medicine...

Avrobio’s road ends in reverse merger with Tim Springer-backed startup

Avrobio’s road ends in reverse merger with Tim Springer-backed startup

    05 Feb 2024

Dive Brief: The gene therapy company Avrobio agreed to a reverse merger with startup...

Roche shuffles early stage pipeline as it joins obesity rush

Roche shuffles early stage pipeline as it joins obesity rush

    04 Feb 2024

Roche is reshaping its early-stage pipeline of experimental drugs, jettisoning eight drug candidates in...

Takeda pays $300M to license Protagonist drug for blood disorder

Takeda pays $300M to license Protagonist drug for blood disorder

    04 Feb 2024

Dive Brief: Protagonist Therapeutics, a biotechnology company focused on peptide drugs, is teaming up...

Merck keeps deal focus with Keytruda patent cliff on horizon

Merck keeps deal focus with Keytruda patent cliff on horizon

    03 Feb 2024

Merck & Co. plans to continue seeking out multibillion-dollar biotechnology deals to supplement its...

Arch, a prolific biotech creator, is raising $3B for startup investing

Arch, a prolific biotech creator, is raising $3B for startup investing

    03 Feb 2024

Arch Venture Partners, one of the biotechnology sector’s most prolific company creators, is raising...

Brain drug developer Alto Neuroscience prices $129M IPO

Brain drug developer Alto Neuroscience prices $129M IPO

    02 Feb 2024

Another biotechnology company has hit Wall Street via an initial public offering, the third...

Sanofi appoints Nestlé executive as new finance chief

Sanofi appoints Nestlé executive as new finance chief

    02 Feb 2024

Nestlé veteran François-Xavier Roger will succeed Sanofi chief financial officer Jean-Baptiste Chasseloup de Chatillon...

New CMS pilot to test payment scheme for pricey sickle cell gene therapies

New CMS pilot to test payment scheme for pricey sickle cell gene therapies

    01 Feb 2024

The U.S. government will test whether centrally coordinating insurance coverage can help people with...

GSK sales of RSV vaccine stay strong, beating forecast

GSK sales of RSV vaccine stay strong, beating forecast

    01 Feb 2024

GSK on Wednesday reported higher-than-expected sales of its RSV vaccine Arexvy, providing further evidence...

Cour gets $105M, pharma help to ‘reprogram’ autoimmune disease

Cour gets $105M, pharma help to ‘reprogram’ autoimmune disease

    31 Jan 2024

Dive Brief: Biotechnology startup Cour Pharmaceuticals has raised $105 million to advance a portfolio...

Gilead deepens investment in Arcus and TIGIT drugs

Gilead deepens investment in Arcus and TIGIT drugs

    31 Jan 2024

Dive Brief: Gilead has bought a bigger stake in cancer drug developer Arcus Biosciences,...

CAR-T for lupus: the ‘tip of the iceberg’ for cell therapy in autoimmune disease

CAR-T for lupus: the ‘tip of the iceberg’ for cell therapy in autoimmune disease

    30 Jan 2024

The clue came, as they often do, from an unexpected source. Some sixteen months...

Bristol Myers gets positive data in subcutaneous Opdivo trial

Bristol Myers gets positive data in subcutaneous Opdivo trial

    30 Jan 2024

Dive Brief: An experimental, under-the-skin shot of Bristol Myers Squibb’s immunotherapy Opdivo appeared to...

J&J focuses on newer meds to offset Stelara patent cliff

J&J focuses on newer meds to offset Stelara patent cliff

    29 Jan 2024

Johnson & Johnson CEO Joaquin Duato sold 2023 as a “remarkable year” on an...

Novo strikes another obesity drug deal

Novo strikes another obesity drug deal

    29 Jan 2024

Dive Brief: Novo Nordisk is adding yet another prospect to its obesity drug pipeline,...

BenevolentAI appoints former Bayer R&D chief as CEO

BenevolentAI appoints former Bayer R&D chief as CEO

    28 Jan 2024

After a rocky year that featured a restructuring, job cuts and the resignation of...

RayzeBio drew other pharma interest before Bristol Myers deal

RayzeBio drew other pharma interest before Bristol Myers deal

    28 Jan 2024

Radiopharmaceutical drugmaker RayzeBio drew interest from two other large drugmakers before agreeing to a...

PTC Duchenne drug approval set to be revoked in Europe

PTC Duchenne drug approval set to be revoked in Europe

    27 Jan 2024

European authorities are set to rescind the approval of a Duchenne muscular dystrophy drug...

EMA recommends earlier use of Bristol Myers cell therapy for multiple myeloma

EMA recommends earlier use of Bristol Myers cell therapy for multiple myeloma

    27 Jan 2024

Dive Brief: Bristol Myers Squibb’s cell therapy for multiple myeloma, Abecma, should be approved...

Cancer drugmaker ArriVent follows on CG’s heels with $175M IPO

Cancer drugmaker ArriVent follows on CG’s heels with $175M IPO

    26 Jan 2024

Dive Brief: ArriVent Biopharma is the second biotechnology company to go public this year,...

At FDA meeting, experts wrestle with hurdles to developing preterm birth drugs

At FDA meeting, experts wrestle with hurdles to developing preterm birth drugs

    26 Jan 2024

The Food and Drug Administration this week convened a group of experts to discuss...

CG Oncology prices larger-than-expected $380M IPO in hopeful sign for biotech

CG Oncology prices larger-than-expected $380M IPO in hopeful sign for biotech

    25 Jan 2024

Cancer drug developer CG Oncology has raised $380 million in an initial public offering than...

Lilly gene therapy finding puts focus on hearing loss treatment pipeline

Lilly gene therapy finding puts focus on hearing loss treatment pipeline

    25 Jan 2024

An 11-year-old boy who was born deaf can hear after receiving an experimental gene...

Sanofi to buy Inhibrx in deal worth up to $2.2B

Sanofi to buy Inhibrx in deal worth up to $2.2B

    24 Jan 2024

Sanofi on Tuesday said it will acquire San Diego biotechnology company Inhibrx in a...

FDA orders new cancer warnings for CAR-T therapies

FDA orders new cancer warnings for CAR-T therapies

    24 Jan 2024

Dive Brief: The makers of CAR-T cell therapies will need to warn about the...

Coherus sells Lucentis biosimilar to Sandoz for $170M

Coherus sells Lucentis biosimilar to Sandoz for $170M

    23 Jan 2024

Dive Brief: Coherus Biosciences on Monday said it has agreed to sell its approved...

Gilead ADC medicine misses goal in closely watched lung cancer study

Gilead ADC medicine misses goal in closely watched lung cancer study

    23 Jan 2024

Dive Brief: Gilead Sciences on Monday said its cancer drug Trodelvy missed the main...

Bayer signals ‘significant’ layoffs in plan to shrink bureaucracy

Bayer signals ‘significant’ layoffs in plan to shrink bureaucracy

    22 Jan 2024

As part of a makeover promised last year, Bayer is beginning a process of...

BridgeBio strikes drug royalty deal for cash infusion

BridgeBio strikes drug royalty deal for cash infusion

    22 Jan 2024

BridgeBio Pharma has agreed to sell future royalties on an experimental rare disease drug...

Five years after Shire deal, Takeda hopes to reap rewards of latest reinvention

Five years after Shire deal, Takeda hopes to reap rewards of latest reinvention

    21 Jan 2024

Five years ago this month, Takeda Pharmaceuticals completed a $62 billion acquisition of Shire...

Ikena Oncology to lay off 35% of staff

Ikena Oncology to lay off 35% of staff

    21 Jan 2024

Biotechnology company Ikena Oncology on Thursday said it would lay off staff and reallocate...

Sanders threatens to subpoena J&J, Merck CEOs over drug prices

Sanders threatens to subpoena J&J, Merck CEOs over drug prices

    20 Jan 2024

A Congressional committee may subpoena the CEOs of Johnson & Johnson and Merck &...

Novartis details first-line data for radiopharma drug Lutathera

Novartis details first-line data for radiopharma drug Lutathera

    20 Jan 2024

A radiopharmaceutical drug from Novartis kept a rare type of neuroendocrine cancer at bay...

Gene therapy biotech Jaguar spins out manufacturing company

Gene therapy biotech Jaguar spins out manufacturing company

    19 Jan 2024

Jaguar Gene Therapy is spinning out part of its business to handle the specialized...

A South Korean investment firm starts first US biotech fund

A South Korean investment firm starts first US biotech fund

    19 Jan 2024

Mirae Asset Capital Life Science, a new venture capital fund, launched on Thursday, joining...

Kyverna sets plans for IPO in test of biotech enthusiasm

Kyverna sets plans for IPO in test of biotech enthusiasm

    18 Jan 2024

Dive Brief: Kyverna Therapeutics on Tuesday revealed plans to go public, testing the waters...

Comanche Biopharma raises $75M to fund preeclampsia drug testing

Comanche Biopharma raises $75M to fund preeclampsia drug testing

    18 Jan 2024

Dive Brief: Massachusetts-based startup Comanche BioPharma has raised $75 million in new venture funding...

FDA widens approval of Vertex’s CRISPR medicine to treat beta thalassemia

FDA widens approval of Vertex’s CRISPR medicine to treat beta thalassemia

    17 Jan 2024

The Food and Drug Administration on Tuesday approved Vertex Pharmaceuticals’ CRISPR-based medicine Casgevy for...

The biopharma industry outlook on 2024: Guarded optimism for a rebound

The biopharma industry outlook on 2024: Guarded optimism for a rebound

    17 Jan 2024

Guarded optimism seems to be the mood of the biopharmaceutical industry to start 2024....

JPM24: Novartis’ head start, FTC fallout and Bluebird’s price defense

JPM24: Novartis’ head start, FTC fallout and Bluebird’s price defense

    15 Jan 2024

The mood shifts on the third day of the J.P. Morgan Healthcare Conference. Deals...

Newly optimistic, biotech investors weigh lessons of sector’s downturn

Newly optimistic, biotech investors weigh lessons of sector’s downturn

    15 Jan 2024

The J.P. Morgan Healthcare Conference, a yearly temperature taker for the biotechnology industry, had...

FDA says no ‘clear relationship’ between GLP-1 drugs and suicide risk

FDA says no ‘clear relationship’ between GLP-1 drugs and suicide risk

    13 Jan 2024

Dive Brief: The use of GLP-1-based drugs to treat obesity and diabetes has no...

Recursion’s Chris Gibson on AI in biotech and ‘virtuous cycles’

Recursion’s Chris Gibson on AI in biotech and ‘virtuous cycles’

    13 Jan 2024

Chris Gibson, the CEO of Recursion Pharmaceuticals, thinks the future of drug discovery lies...

Backed by billionaires, a new biomedical institute tests an unorthodox approach

Backed by billionaires, a new biomedical institute tests an unorthodox approach

    12 Jan 2024

A group of high-profile scientists and billionaire financiers are building a new biomedical research...

EU regulators to consult advisers in review of Eisai Alzheimer’s drug

EU regulators to consult advisers in review of Eisai Alzheimer’s drug

    12 Jan 2024

European regulators will seek outside advice before making a decision on approval of Eisai...

Venture funding, dealmaking slowed in biotech last year: Pitchbook

Venture funding, dealmaking slowed in biotech last year: Pitchbook

    11 Jan 2024

Dive Brief: The number and amount of biotechnology financings dipped in 2023, with venture...

5 questions facing pharma in 2024

5 questions facing pharma in 2024

    11 Jan 2024

The arrival of powerful new drugs for obesity has reshaped the pharmaceutical industry, transforming...

GSK to buy asthma drug startup Aiolos for $1B

GSK to buy asthma drug startup Aiolos for $1B

    10 Jan 2024

Over the span of five months, biotechnology startup Aiolos Bio launched, raised initial funding...

JPM24: Pfizer’s tough sell, the next Karuna and building a biotech platform

JPM24: Pfizer’s tough sell, the next Karuna and building a biotech platform

    10 Jan 2024

Biotechnology’s embrace of artificial intelligence was never more literal than Tuesday at the J.P....

FDA authorizes Florida to import drugs from Canada

FDA authorizes Florida to import drugs from Canada

    06 Jan 2024

For the first time, the Food and Drug Administration has authorized a U.S. state...

An unusual drugmaker raises north of $100M for ecstasy-based PTSD therapy

An unusual drugmaker raises north of $100M for ecstasy-based PTSD therapy

    06 Jan 2024

A California-based company has raised tens of millions of dollars to support its mission...

Intellia to lay off staff, cut some early research

Intellia to lay off staff, cut some early research

    05 Jan 2024

CRISPR specialist Intellia Therapeutics on Thursday said it will lay off about 15% of...

Lilly launches online service for home delivery of weight loss drug

Lilly launches online service for home delivery of weight loss drug

    04 Jan 2024

Dive Brief: Eli Lilly wants to make it easier for people to access its...

Pfizer wins Canadian OK for hemophilia treatment, its first gene therapy

Pfizer wins Canadian OK for hemophilia treatment, its first gene therapy

    04 Jan 2024

Dive Brief: Canada’s health regulators have approved Pfizer’s gene therapy for hemophilia B, the...

FDA ends busy year with three drug rejections

FDA ends busy year with three drug rejections

    03 Jan 2024

The Food and Drug Administration closed out 2023 with rejections of three drugmaker applications...

Novartis deepens ties with Voyager via $100M gene therapy deal

Novartis deepens ties with Voyager via $100M gene therapy deal

    03 Jan 2024

Dive Brief: Swiss pharmaceutical company Novartis has formed a new collaboration with partner Voyager...

10 clinical trials to watch in the first half of 2024

10 clinical trials to watch in the first half of 2024

    02 Jan 2024

A non-addictive pain pill faces its definitive test, while study results in ALS, a...

As ALS research booms, one treatment center finds itself in the spotlight

As ALS research booms, one treatment center finds itself in the spotlight

    25 Dec 2023

Merit Cudkowicz has spent her career treating some of the most unforgiving illnesses. She’s...

Sanofi scraps a top ADC prospect after study setback

Sanofi scraps a top ADC prospect after study setback

    25 Dec 2023

Dive Brief: Sanofi will stop developing one of its top cancer drug prospects after...

BioMarin strikes deal with Elliott, agrees to review business

BioMarin strikes deal with Elliott, agrees to review business

    24 Dec 2023

Dive Brief: Weeks after installing a new CEO, BioMarin Pharmaceutical is overhauling oversight of...

Ionis, Astrazeneca win FDA approval of competitor to Alnylam drug

Ionis, Astrazeneca win FDA approval of competitor to Alnylam drug

    24 Dec 2023

Dive Brief: The Food and Drug Administration on Thursday approved a new medicine for...

Bristol Myers to acquire brain drug developer Karuna for $14B

Bristol Myers to acquire brain drug developer Karuna for $14B

    23 Dec 2023

Bristol Myers Squibb has agreed to acquire Karuna Therapeutics for $14 billion, betting that...

Sarepta tests FDA flexibility with bid to expand Duchenne gene therapy’s approval

Sarepta tests FDA flexibility with bid to expand Duchenne gene therapy’s approval

    23 Dec 2023

Sarepta Therapeutics has asked the Food and Drug Administration to expand approval of its...

J&J bets bigger on MeiraGTx’s eye gene therapy

J&J bets bigger on MeiraGTx’s eye gene therapy

    22 Dec 2023

Dive Brief: Gene therapy developer MeiraGTx is selling its remaining financial interest in an...

Clene says its ALS drug data is not yet enough for FDA

Clene says its ALS drug data is not yet enough for FDA

    22 Dec 2023

Dive Brief: Clene Nanomedicine on Thursday said the Food and Drug Administration doesn’t believe...

Argenx autoimmune drug study fails in blow to expansion hopes

Argenx autoimmune drug study fails in blow to expansion hopes

    21 Dec 2023

Dive Brief: Argenx lost a quarter of its value Wednesday after reporting the second...

GSK adds to ADC dealmaking with second Chinese biotech pact

GSK adds to ADC dealmaking with second Chinese biotech pact

    20 Dec 2023

Dive Brief: GSK is deepening its investment in cancer treatments called antibody-drug conjugates, announcing...

Biogen holds onto Tecfidera market in Europe for a little longer

Biogen holds onto Tecfidera market in Europe for a little longer

    20 Dec 2023

Dive Brief: The European Commission has revoked the approvals for five generic versions of...

Investors still aren’t sold on UniQure’s gene therapy for Huntington’s

Investors still aren’t sold on UniQure’s gene therapy for Huntington’s

    19 Dec 2023

Dive Brief: Shares of UniQure dipped more than 10% Tuesday morning after the biotechnology...

Foundation behind Novo Nordisk to invest $260M in vaccine R&D

Foundation behind Novo Nordisk to invest $260M in vaccine R&D

    19 Dec 2023

Dive Brief: The Novo Nordisk Foundation, which owns a controlling stake in drugmaker Novo...

Pivotal Life Sciences reloads with $389M, hunting for deals in a downturn

Pivotal Life Sciences reloads with $389M, hunting for deals in a downturn

    18 Dec 2023

Dive Brief: Venture capital group Pivotal Life Sciences has raised its second fund, securing...

Vir to lay off staff, cut costs amid setbacks building on COVID success

Vir to lay off staff, cut costs amid setbacks building on COVID success

    18 Dec 2023

Dive Brief: Vir Biotechnology on Thursday announced a restructuring that will result in a...

Amgen finds a new top scientist in Novartis veteran Bradner

Amgen finds a new top scientist in Novartis veteran Bradner

    17 Dec 2023

Amgen has a new top scientist, announcing Thursday the appointment of Novartis veteran and...

European regulators push Biogen, CRISPR drugs toward approval

European regulators push Biogen, CRISPR drugs toward approval

    17 Dec 2023

The committee that recommends whether drugs should be approved in Europe has thrown its...

FDA widens use of cancer drug Merck acquired for $1B

FDA widens use of cancer drug Merck acquired for $1B

    16 Dec 2023

Dive Brief: The Food and Drug Administration on Thursday broadened use of a drug...