
Vertex Pharmaceuticals axes two rare genetic disease meds after disappointing Ph1 biomarker analyses. | Gif: gameofthrones on Giphy
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⬇️ The Good News ⬇️
THE GOOD
Approvals & Labels
Johnson & Johnson’s medtech division DePuy Synthes lands FDA clearance for spinal surgery robot
Medtech, spinal surgery, robotic surgery - Read more
Supernus Pharmaceuticals resubmits FDA NDA for apomorphine infusion device
Small molecule, medical device, infusion device, Parkinson’s disease - Read more
THE GOOD
Business Development
Vir Biotechnology’s worldwide license agreement with Sanofi for three clinical stage T-cell engager assets
T-cell engager, solid tumor, cancer - Read more
THE GOOD
Company Launches
Jade Biosciences launches with $80M, fourth Paragon Therapeutics venture
Inflammatory disease, immunological disease, autoimmune - Read more
THE GOOD
Earnings & Finances
Biogen, Eisai’s Leqembi climb higher in Japan
Monoclonal antibody, Alzheimer’s disease - Read more [Paywall]
Vertex Pharmaceuticals boosts 2024 revenue outlook on increasing Casgevy sales
Gene therapy, beta thalassemia - Read more
THE GOOD
Fundraises
Amlogenyx (Ultragenyx Pharmaceutical subsidiary) $14M Seed raise
Gene therapy, Alzheimer’s disease - Read more
Mindera Health $14M convertible note financing
Skin analytics, dermatology, biomarker, medical device - Read more
Protembis €20M ($22M) venture financing
Medical device, heart surgery, cerebral embolic protection - Read more
THE GOOD
Mergers & Acquisitions
WinHealth Pharma acquires Chinese operations of Kyowa Kirin for CNY 750M ($105M)
Monoclonal antibody, hypophosphataemia, tumour-induced osteomalacia, lymphoma, cancer - Read more
THE GOOD
Partnerships
BridGene Biosciences expands strategic collab with Galapagos, total deal up to $159M
Small molecule, drug development - Read more
THE GOOD
Patient Access
Eli Lilly’s Zepbound, Mounjaro no longer on US drug shortage list
GLP-1, obesity, diabetes, weight loss - Read more
THE GOOD
Research
Potential flesh-eating bacteria antibiotic reduces infection and speeds up healing in mine
Small molecule, necrotizing fasciitis - Read more
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⬇️ The Bad News ⬇️
THE BAD
Clinical Trials
Vertex Pharmaceuticals axes two rare genetic disease meds after disappointing Ph1 biomarker analyses
Small molecule, alpha-1 antitrypsin deficiency (AATD) - Read more
THE BAD
Company Shutdown
Ribon Therapeutics shuts doors
Small molecule, cancer, inflammation, autoimmune - Read more [Paywall]
THE BAD
Earnings & Finances
23andMe board rejects CEO’s take-private offer
Genetic testing - Read more [Paywall]
THE BAD
Politics & Policy
Massachusetts state’s $1 billion life sciences investment package fails to make it through most recent legislative session
Life science investment, incentives - Read more [Paywall]
⬇️ The Ugly News ⬇️
THE UGLY
Clinical Trials
Galapagos halts Ph1/2 CAR-T trial over a case of Parkinsonism
CAR-T cell therapy, myeloma, cancer, Parkinson’s-like movement disorder - Read more
You’re all caught up on the latest Pharma & Biotech News!

It’s a long weekend up here in Canada! | Gif: SWAG on Giphy
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