
GSK launches three-year restructuring targeting $2.5B annual cost savings by 2029 to fund pipeline growth | Gif: bigbrother on Giphy
All the top Biotech & Pharma news in one daily newsletter.
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✅ The Good News ✅
THE GOOD
Approvals & Labels
FDA approves Freenome's SimpleScreen CRC blood test for colorectal cancer screening, marketed by Abbott
Diagnostics, cancer, colorectal cancer, liquid biopsy, blood-based screening - Read more
THE GOOD
Business Development & Partnerships
Rinn Pharma & Biopharma, ArrayPatch collaborate to advance novel intradermal skin cancer microneedle therapy
Research collaboration, oncology, drug delivery, microneedle technology, preclinical - Read more
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✅ More Good News ✅
THE GOOD
Clinical Trials
InnoCare Pharma's (fadeucravacitinib) meets primary endpoint in Ph3 trial for moderate-to-severe plaque psoriasis
Small molecule, autoimmune, TYK2 inhibitor, plaque psoriasis, oral therapy - Read more
GSK, Hansoh Pharmaceutical's (risvutatug rezetecan) Ph3 trial meets primary endpoint in osteosarcoma, targeting B7-H3
Antibody-drug conjugate, cancer, ADC, osteosarcoma, B7-H3 target - Read more
Atea Pharmaceuticals' (bemnifosbuvir/ruzasvir) matches Gilead's Epclusa in Ph3 trial for hepatitis C
Small molecule, infectious disease, hepatitis C, direct-acting antiviral, fixed-dose combination, NS5B polymerase inhibitor - Read more
Altimmune's (pemvidutide) GLP-1/GIP dual agonist meets Ph2 primary endpoint in alcohol use disorder trial
Protein therapy, neurological, GLP-1/GIP dual agonist, alcohol use disorder, pemvidutide - Read more
THE GOOD
Fundraises
Claris Biotherapeutics raises $118M Series B, advancing experimental eye drug for limbal stem cell deficiency
Ophthalmology, rare disease, cell therapy, clinical-stage - Read more
Oak Hill Bio plans $175M SPAC merger to advance Roche-licensed Angelman syndrome therapy
Rare disease, antisense oligonucleotide, neurological, clinical-stage - Read more
Apnimed eyes up to $160M IPO to prep for sleep apnea drug launch
Sleep apnea, small molecule, neuromuscular, clinical-stage - Read more
Promatix Biosciences awarded Innovate UK grant to advance first-in-class EGFR × EphA2 bispecific ADC
Oncology, antibody-drug conjugate, bispecific antibody, colorectal cancer, preclinical - Read more
KGK Science receives growth investment from Maxim Partners to expand clinical trial capacity
CRO, nutraceutical, clinical trials, regulatory services, consumer health - Read more
THE GOOD
Investments
GSK to establish 300,000 sq ft flagship R&D centre at Cambridge Biomedical Campus, investing £400M ($531.6M)
R&D infrastructure, oncology, respiratory, strategic, major transaction - Read more
THE GOOD
Product Launches
Schrödinger launches Bunsen AI co-scientist to computationally screen billions of drug compounds before lab testing
AI drug discovery, small molecule, operational, strategic - Read more
THE GOOD
Strategic Plans
GSK launches three-year restructuring targeting $2.5B annual cost savings by 2029 to fund pipeline growth
Restructuring, oncology, cost reduction, operational, financial - Read more
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❌ The Bad News ❌
THE BAD
Business Development & Partnerships
Gossamer Bio, Chiesi end PAH drug collaboration, with Chiesi paying $5M termination fee
Licensing deal, rare disease, small molecule, milestone payments, royalties - Read more
THE BAD
Clinical Trials
MapLight Therapeutics' (betovumeline/fesoterodine) Ph2 once-daily dose misses primary endpoint in schizophrenia trial
Small molecule, neurological, muscarinic agonist, schizophrenia, M1/M4 receptor - Read more
THE BAD
Regulatory
Baxter International recalls antibiotic IV bags after cardboard particles found in solution, posing health risks
Small molecule, infectious disease, operational, product safety - Read more
FDA disputes Capricor Therapeutics' Phase 3 DMD trial success claims, sending shares down 65%
Cell therapy, rare disease, regulatory, financial - Read more
FDA deems Replimune's melanoma data "not interpretable," threatening RP1 approval ahead of advisory committee meeting
Oncolytic immunotherapy, oncology, regulatory, financial - Read more
THE BAD
Strategic Plans
Incyte drops phase 1 JAK2 inhibitor INCB160058 for myeloproliferative neoplasms, prioritizing next-generation replacements
Small molecule, rare disease, strategic, pipeline - Read more
You’re all caught up on the latest Pharma & Biotech News!
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