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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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lawsuit-accuses-applied-therapeutics-of-misleading-investors-before-fda-rejection
Posted inBiotechnology

Lawsuit accuses Applied Therapeutics of misleading investors before FDA rejection

December 18, 2024
After its rare disease drug was rejected by the FDA in late November, Applied Therapeutics vowed to fight on with…
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editor’s-corner:-fierce-biotech’s-10-most-read-stories-of-2024
Posted inBiotechnology

Editor’s Corner: Fierce Biotech’s 10 most-read stories of 2024

December 18, 2024
For the end of this year, Fierce Biotech is taking the opportunity to reflect on trends emerging from 2024’s reporting.…
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ring-therapeutics-lays-off-just-under-half-of-staff-in-2nd-wave-of-cuts-this-year,-ceo-set-to-step-down
Posted inBiotechnology

Ring Therapeutics lays off just under half of staff in 2nd wave of cuts this year, CEO set to step down

December 18, 2024
Ring Therapeutics, a Flagship Pioneering-backed biotech developing new viral vectors for gene therapy delivery, has cut its staff by just…
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novartis,-bioage-take-on-age-related-diseases-in-$550m-pact
Posted inBiotechnology

Novartis, BioAge take on age-related diseases in $550M pact

December 18, 2024
Freshly public BioAge Labs has secured a multi-year partnership with Novartis that focuses on age-related diseases and includes the possibility…
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fibrosis-focused-tvardi-to-go-public-via-merger-with-cash-strapped-cara
Posted inBiotechnology

Fibrosis-focused Tvardi to go public via merger with cash-strapped Cara

December 18, 2024
Pruritus drug developer Cara Therapeutics kicked off the year halving its headcount, and the biotech has now found a new…
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merck-&-co.-boosts-glp-1-portfolio-by-paying-$112m-upfront-for-hansoh’s-preclinical-drug
Posted inBiotechnology

Merck & Co. boosts GLP-1 portfolio by paying $112M upfront for Hansoh’s preclinical drug

December 18, 2024
Merck & Co. has added a second GLP-1 candidate to its pipeline, paying China’s Hansoh Pharma $112 million upfront for…
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aurion’s-regenerative-eye-disease-med-improves-vision-in-phase-1/2-trial
Posted inBiotechnology

Aurion’s regenerative eye disease med improves vision in phase 1/2 trial

December 18, 2024
The highest dose of Aurion Biotech’s cell therapy, the main component of which recently received approval in Japan, has improved…
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cognition’s-phase-2-shimmer-results-finally-allow-dementia-drug-to-shine
Posted inBiotechnology

Cognition’s phase 2 SHIMMER results finally allow dementia drug to shine

December 18, 2024
The failure of Cognition Therapeutics’ Alzheimer’s disease candidate CT1812 in the SHINE trial earlier this year may have rubbed off…
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novo-nordisk-taps-photys-for-$186m-cardiometabolic-collab
Posted inBiotechnology

Novo Nordisk taps Photys for $186M cardiometabolic collab

December 17, 2024
With Novo Nordisk’s name already synonymous with treatments for diabetes and obesity, the Danish drugmaker has been making a concerted…
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