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#CPHI24: Clients add pressure to CDMOs to source raw materials outside of...

MILAN — CDMOs are increasingly fielding inquiries from biopharma clients on how reliant they are on China for their raw materials, off the back of industry anxiety on how the Biosecure Act would play...

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Exclusive: Reema Health raises $7.6M to reach people on Medicaid

A startup that helps community workers guide Medicaid members to the care they need just raised a new round of funding. People on government-run Medicaid insurance for low-income households can often...

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Suki nabs $70M Series D to arm doctors with AI tools

Suki, a startup that provides AI tools to help healthcare providers with documentation, billing and other administrative work, raised $70 million in a Series D funding round. The round was led by...

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Starboard launches first salvo in Pfizer fight, alleging ex-CEO, CFO were...

The activist investor targeting Pfizer claims that the company’s former CEO and CFO, who were previously working with the investor, were pressured to flip and side with the company. In a public letter...

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Ono’s ADC deal; Leo Pharma to conduct layoffs

Plus, news about Booster Therapeutics, Century Therapeutics and Holobiome: Ono Pharmaceutical’s ADC deal: The Japanese drugmaker will pay up to $700 million to LigaChem Biosciences to develop, produce...

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AI biotechs Recursion and Exscientia first held deal talks in 2022

When Recursion Pharmaceuticals and Exscientia announced plans to merge in August, it marked the first major consolidation in the early AI-driven biotech field. The all-stock deal, touted as an alliance...

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Behind the scenes of how ex-Pfizer CEO and CFO joined activist Starboard

The message over the weekend to Pfizer’s CEO Albert Bourla was blank. But it contained a warning nonetheless. It came from his former CFO Frank D’Amelio. While there was no content in the email, the...

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Baxter plots recovery after Hurricane Helene, MilliporeSigma’s €290M facility

Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. Baxter said that it is increasing manufacturing at its sites outside...

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Sen. Warren urges FTC to ‘carefully scrutinize’ Novo-Catalent deal over...

Sen. Elizabeth Warren (D-MA) has put the spotlight on Novo Holdings’ acquisition of Catalent, expressing concerns that the deal could give Novo Nordisk “unprecedented visibility” into its competitors’...

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Immatics heads to Phase 3 with melanoma cell therapy, seeks to raise $150M

Immatics said its PRAME-targeted T cell therapy shrank tumors by at least 30% in just over half of melanoma patients in an early-stage trial, and the company plans to start a pivotal study by the end...

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Eli Lilly inks another obesity pact, doubling down on small Swiss partner

Eli Lilly is returning to KeyBioscience, a nimble Swiss biotech, seven years after originally linking arms with the startup to work on dual amylin calcitonin receptor agonists for obesity and other...

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Seven patients diagnosed with blood cancer after Skysona treatment, new data...

Seven young boys treated with bluebird bio’s gene therapy for a rare neurological disease have been diagnosed with blood cancer months or years after treatment, according to data published on Wednesday...

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FDA approves Roche's new treatment for subset of breast cancer patients

The FDA has approved Roche’s inavolisib plus Pfizer’s Ibrance and fulvestrant in a subtype of breast cancer over a month before the target action date, the agency announced Thursday. The treatment,...

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FDA adcomm supports first potential drug for ultra-rare, fatal Barth syndrome

Heart-breaking anecdotes from the patients, parents and doctors of children with the ultra-rare and fatal Barth syndrome won over an FDA advisory committee on Thursday, likely setting up a tough...

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Sanofi discontinues Denali-partnered MS trial after Phase 2 failure

Sanofi is ending a Phase 2 clinical trial that’s testing a drug from Denali for multiple sclerosis, putting a stop to the development plan. Denali said in an SEC filing Thursday that Sanofi notified...

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Biotech startups Upstream, CAMP4 price Friday IPOs

Boston-area biotechs Upstream Bio and CAMP4 Therapeutics are headed to the Nasdaq on Friday, the latest companies to IPO in what appears to be a recovery for startups trying to raise capital on the...

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Lilly follows the trend of new AI hires; Pfizer fills key UK position as...

Thomas Fuchs → Eli Lilly has joined the club of pharma companies that have lined up AI execs. Thomas Fuchs will be Lilly’s first-ever chief AI officer on Oct. 21 and comes from the Icahn School of...

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Exclusive: PhRMA attacks federal government's response to rebate model for 340B

The pharma industry’s DC-based lobbying group urged the federal government on Friday to get on board with alternative models for 340B drug price discounts. In a letter to the Health Resources and...

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VC firm targets $35M second fund to back startups led by scientists

A small venture capital firm that backs up-and-coming scientists plans to raise a $35 million second fund, three years after coming onto the scene. SciFounders, based in the San Francisco Bay Area, is...

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Turnstone rejigs staff and exec team, eases preclinical work as cash runs low

Just over a year after going public, Turnstone Biologics is axing staff, adjusting its leadership team and changing its pipeline focus to extend its cash runway for another two years. The San Diego...

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