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Vertex shares full pivotal non-opioid pain data, showing better safety than...

Vertex detailed Phase 3 data for its non-opioid treatment that could mark a drastic shift in pain management. The company expanded on its interim readout on Sunday at the American Society of...

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Former Karuna crew quickly assembles $225M for next neuro bet at Seaport

The team at Seaport Therapeutics, a Boston neuropsychiatry biotech, is having a good fall season. Seaport said Monday it has pieced together $225 million from hefty crossover names and some of the...

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Catalent acts to reassure customers amid questions about antitrust

The contract manufacturer Catalent sent a letter to its customers Monday seeking to reassure them that little will change after the company’s deal with Novo Holdings, a transaction that will send...

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Septerna outlines $157M IPO after entering the clinic with GPCR pipeline

GPCR drug developer Septerna plans to raise about $157 million in net proceeds from its proposed initial public offering, according to a new securities filing Monday morning. The Nasdaq debut would...

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Novo says oral GLP-1 reduces heart events in Phase 3 diabetes trial

Novo Nordisk’s oral semaglutide lowered the risk of certain heart events in a late-phase study in people with type 2 diabetes and related metabolic conditions, sparking plans to file for a label...

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Q3 biotech roundup: The 2024 turnaround sputters into a critical Q4 finale

Some, though certainly not all, chief indicators of biotech business activity are pointed shakily north as we head into a critical Q4. But biotech shows signs of taking another step in the long, slow...

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GSK to put £50M into Cambridge University partnership; Angelini’s new deal

Plus, news about Takeda, Foresee Pharmaceuticals and Capricor Therapeutics: GSK, Cambridge University team up on immune diseases: The UK drugmaker is pouring £50 million ($65 million) into a five-year...

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Nurix says protein degrader shows potential in Waldenstrom’s patients in...

Nurix Therapeutics’ BTK degrader has elicited responses in a small group of patients with certain cancers, supporting the biotech’s claim that the drug could potentially offer a better alternative to...

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Regenxbio shares new mid-stage data for its wet AMD gene therapy

Regenxbio released positive new data from a Phase 2 trial investigating its experimental one-time gene therapy for bilateral wet age-related macular degeneration (wet AMD). In the sub-study, the...

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Gilead, Merck's experimental long-acting HIV treatment heads to Phase 3

Gilead and Merck said their once-weekly pill to treat HIV resulted in a comparable level of viral suppression compared to a daily regimen in a 48-week study. In a rare partnership between large...

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AstraZeneca-backed CDMO Nucleus RadioPharma to boost commercial capacity

As the radiopharma space heats up, CDMO Nucleus RadioPharma is expanding its commercial manufacturing with two new facilities to cater to potential clients outside North America. The CDMO has started...

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FDA pilot to give more transparency on generic drug delays

BETHESDA, MD — The FDA is rolling out a new six-month pilot program to provide more transparency to generic drug applicants on complicated regulatory issues, Office of Generic Drugs Director Iilun...

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Starboard takes activist stake in J&J consumer spinout Kenvue

Less than 14 months after becoming a standalone company, Johnson & Johnson’s consumer healthcare spinout Kenvue is staring down an activist investor. The investor, Starboard Value, has built a...

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Lilly files more lawsuits over sales of copycat Zepbound

Eli Lilly has sued three more companies that claim to be selling versions of tirzepatide, the main ingredient in the drugmaker’s weight loss treatment Zepbound. The companies sued by Lilly include an...

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Biden administration calls for expanded contraception coverage

New rules that would require most insurers to cover over-the-counter contraceptives at no cost and without a prescription were proposed by the Biden administration on Monday. The move comes just weeks...

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AvenCell gets $112M to build switchable CAR-T therapies for ‘the last...

AvenCell Therapeutics on Tuesday said it collected $112 million to continue clinical studies of two experimental acute myeloid leukemia CAR-T cell therapies. The Series B raise comes despite cold...

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Roche, Genentech end anti-tau Alzheimer’s drug collaboration with UCB

UCB will advance its anti-tau antibody for Alzheimer’s disease solo after Roche and Genentech walked away from the asset known as bepranemab. In 2020, Roche and Genentech spent $120 million upfront and...

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FDA hits Camurus with CRL for acromegaly therapy over manufacturing issues 

The FDA handed a CRL to the Swedish biotech Camurus for its hormone disorder therapy over “facility-related deficiencies” at a third-party manufacturer. The therapy, dubbed CAM2029, had a PDUFA date of...

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#HLTH24: Former Amazon leader is betting the future of healthcare will blend...

LAS VEGAS — The future of how healthcare is delivered will be a hybrid mix of online and in-person care, much like how people shop both online and in-person. That’s according to Nworah Ayogu, head of...

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#HLTH24: Experts debate the way AI can transform mental healthcare

LAS VEGAS — AI may have a part to play in delivering mental healthcare, despite the empathetic and human nature of the specialty, but experts differ on what is considered safe. Leslie Witt Instead of...

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