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merck’s-hiv-combo-treatment-meets-the-bar-for-viral-suppression-in-pair-of-phase-3-studies
Posted inBiotechnology

Merck’s HIV combo treatment meets the bar for viral suppression in pair of phase 3 studies

December 19, 2024
After hitting the mark in a phase 2 of its investigational islatravir paired with Gilead’s lenacapivir, Merck & Co.'s islatravir…
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vc-firm-pens-$608m-biobucks-deal-to-redirect-ngm’s-mash-drug-to-rare-disease
Posted inBiotechnology

VC firm pens $608M biobucks deal to redirect NGM’s MASH drug to rare disease

December 19, 2024
KdT Ventures has signed off on a $608 million biobucks deal for NGM Biopharmaceuticals’ phase 2-ready metabolic-dysfunction associated steatohepatitis (MASH)…
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regeneron-anticoagulant-bests-enoxaparin,-matches-eliquis-in-phase-2-trial
Posted inBiotechnology

Regeneron anticoagulant bests enoxaparin, matches Eliquis in phase 2 trial

December 19, 2024
A pair of Regeneron’s monoclonal antibodies have held their own against a commonly used anticoagulant in a phase 2 trial,…
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vertex’s-pain-trial-hits-endpoint-but-sinks-stock-as-placebo-comparison-spooks-investors
Posted inBiotechnology

Vertex’s pain trial hits endpoint but sinks stock as placebo comparison spooks investors

December 19, 2024
Vertex has reported a phase 2 win that still dented confidence in its pain prospect suzetrigine. The trial linked the near-approval…
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former-seagen-ceo’s-biotech-raises-$140m-series-a-to-ready-pd1/vegfr2-antibody-for-clinic
Posted inBiotechnology

Former Seagen CEO’s biotech raises $140M series A to ready PD1/VEGFR2 antibody for clinic

December 19, 2024
Two months after former Seagen CEO David Epstein unveiled his new project, the biotech has secured "over" $140 million in…
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bms-pays-leqembi-originator-$100m-for-next-gen-preclinical-alzheimer’s-prospects
Posted inBiotechnology

BMS pays Leqembi originator $100M for next-gen preclinical Alzheimer’s prospects

December 19, 2024
Bristol Myers Squibb has turned to the source of Leqembi to further its push into Alzheimer’s disease, paying BioArctic $100 million…
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roche-reports-failure-of-prothena-partnered-parkinson’s-prospect-in-phase-2b-but-highlights-positives
Posted inBiotechnology

Roche reports failure of Prothena-partnered Parkinson’s prospect in phase 2b but highlights positives

December 19, 2024
Back-to-back clinical failures have dealt further blows to efforts to treat Parkinson’s disease by targeting alpha-synuclein. Days after UCB reported the…
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astellas-pays-sangamo-$20m-upfront-to-improve-neurological-gene-therapy-capabilities
Posted inBiotechnology

Astellas pays Sangamo $20M upfront to improve neurological gene therapy capabilities

December 19, 2024
Astellas is continuing to strengthen its neurological disease gene therapy capabilities, handing Sangamo Therapeutics $20 million upfront to help bypass…
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xgen-venture-closes-$190m-fund-with-plans-to-invest-in-early-stage-biotech,-medtech-firms
Posted inBiotechnology

XGEN Venture closes $190M fund with plans to invest in early-stage biotech, medtech firms

December 18, 2024
Italian VC XGEN Venture has closed a 180 million euro ($190 million) fund for biotech and medtech companies. The life…
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alphabet-spinoff-sandboxaq-raises-$300m-fund-for-‘next-wave-of-ai’
Posted inBiotechnology

Alphabet spinoff SandboxAQ raises $300M fund for ‘next wave of AI’

December 18, 2024
Alphabet spinoff SandboxAQ has raised more than $300 million to go toward developing AI applications across multiple areas including drug…
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