- TLDR Biotech
- Posts
- Biotech & Pharma Updates | November 25 - 26, 2024
Biotech & Pharma Updates | November 25 - 26, 2024
Roche paying a pretty penny for Poseida's allogeneic cell therapy ambitions, Amgen's MariTide weight loss Ph2 data isn't enough for investors, Cradle Bio $73M Series B for AI-driven protein design, Roche’s anti-TIGIT mAb misses in lung cancer Ph3 + 26 more stories

Two CGT acquisitions in less than a week; first Novartis buying Kate Therapeutics (gene therapy) and now Roche buying Poseida Therapeutics (cell therapy). | Gif: roosterteeth on Giphy
All the top Biotech & Pharma news in one daily newsletter.
Want to understand how these updates are formatted? Check-out the FAQ.
Have any feedback? I’d love to hear you from - connect with me on LinkedIn. 📣
Looking to reach an audience of 1400+ biotech and pharma professionals? Let’s chat. 👍
🦃 FYI the newsletter’s taking a break for American Thanksgiving so the next edition will be on Monday, December 2nd - safe journey to all those traveling this week!❄️
⬇️ The Good News ⬇️
THE GOOD
Approvals & Labels
Shorla Oncology’s oral liquid Gleevec (Novartis, tyrosine kinases inhibitor) formulation lands FDA approval; strawberry anyone?
Small molecule, leukemia, cancer - Read more
THE GOOD
Business Development
Nerviano Medical Sciences buys back NMS-293 (PARP1 inhibitor) rights from Merck KGaA
Small molecule, glioblastoma, cancer - Read more
Boan Biotech licenses Brazil commercial rights of denosumab biosimilars to unnamed partner
Monoclonal antibody, osteoporosis - Read more
THE GOOD
Clinical Trial
Amgen’s MariTide (GLP-1 agonist, GIPR antagonist) touts 20% weight loss on average in Ph2, but lofty analyst expectations weren’t met
GLP-1, obesity - Read more
Axsome Therapeutics isn’t sleeping on AXS-12 (norepinephrine reuptake inhibitor, cortical dopamine modulator) Ph3 narcolepsy win, plans approval
Small molecule, narcolepsy - Read more
Maat Pharma’s MaaT-033 immune system modulatory looks primed for Ph2 after positive Ph1b readout
Fecal microbiotherapy, amyotrophic lateral sclerosis (ALS) - Read more
IGC Pharma presents additional Ph2 data for IGC-AD1’s (CB1, CB2, GPCR modulator) cognitive benefits in Alzheimer’s disease
Small molecule, Alzheimer’s disease - Read more
PRESENTED BY YOU?
Get the attention of 1400+ Biotech & Pharma Professionals 🤩

Gif: oscars on Giphy
Do you offer a biotech/pharma-focused product or service?
Or looking to get investor/analyst interest on your budding start-up?
Considering sponsoring TLDR Biotech to get in-front of an engaged audience of biotech & pharma-focused professionals.
Just reply to this email* or message me on LinkedIn to learn more.
*If you’re reading this on the web version, email [email protected]
⬇️ More Good News ⬇️
THE GOOD
Fundraises
Secretome Therapeutics $20.4M equity raise
Cell therapy, heart failure, cardiomyopathy, neonatal cardiac progenitor cells - Read more
Biolevate €6M ($6.3M) Seed raise, AI-enabled platform for therapeutic market access
Market access, therapeutic availability, AI - Read more
Doron Therapeutics $11M Series A, intra-articular biologic drug for treating symptomatic knee osteoarthritis
Biologic, osteoarthritis - Read more
Cradle Bio $73M Series B, AI-driven protein design
Biologics, drug design, generative AI - Read more
35Pharma $53M Series C, pipeline of ligand traps, activin inhibitors for pulmonary hypertension, obesity, cardiometabolic disease
Protein drug, hypertension, obesity - Read more
Eisbach Bio nabs Cancer Prevention and Research Institute of Texas reward, $4.75M, clinical development of EIS-12656 (ALC1 inhibitor)
Small molecule, solid tumor, cancer - Read more
Aviceda Therapeutics files plans for $200M equity raise
Small molecule, eye disease, fibrosis, neurological disorder - Read more
THE GOOD
Investments
Hovione completes New Jersey, USA and Cork, Ireland expansion projects
CDMO, spraydrying - Read more
THE GOOD
Lawsuits
Guardant Health comes out on top in Natera false advertising suit, awarded $292M by jury
Diagnostics, blood test, liquid biopsy, colorectal cancer - Read more
THE GOOD
Mergers & Acquisitions
Roche buys out cell therapy partner Poseida Therapeutics for $1B
Cell therapy, cancer, allogeneic, gene-editing - Read more
THE GOOD
Partnerships
Arrowhead Pharmaceuticals, Sarepta Therapeutics development and licensing partnership for rare genetic diseases
RNAi, rare disease - Read more
Eisai, National Center of Neurology and Psychiatry research arrangement for apolipoprotein E (APOE) genetic testing in the dementia/Alzheimer’s disease
Genetic testing, dementia, Alzheimer’s disease - Read more
THE GOOD
Politics & Policy
Biden administration considers covering obesity meds (eg. Wegovy, Zepbound) under Medicare/Medicaid
GLP-1, obesity, medicare/medicaid coverage - Read more
THE GOOD
Strategic Plans
Agilent Technologies announced major reorganization of business into three distinct groups
Corporate restructuring - Read more
ENJOYING THESE NEWSLETTERS?
Support TLDR Biotech🧬🦠🔬
I’m offering this newsletter for free so it can get out to as many people as possible.
If you’re getting value out of these daily compilations, please consider a paid subscription (only $5/month) to support my continued work on this project.*
*Best of all, it’s a work-related news source that you can likely expense. 😉
⬇️ The Bad News ⬇️
THE BAD
Approvals & Labels
Soleno Therapeutics diazoxide choline (potassium channel activator) FDA PDUFA date pushed back by three months
Small molecule, Prader-Willi syndrome - Read more
THE BAD
Clinical Trials
Roche’s tiragolumab (anti-TIGIT) misses in lung cancer Ph3
Monoclonal antibody, lung cancer - Read more
Alector’s Alzheimer’s hopeful AL002 (TREM2 targeting) fails in Ph2
Monoclonal antibody, Alzheimer’s disease - Read more
PTC Therapeutics’ utreloxastat (15‐lipoxygenase inhibitor) stumbles in Ph2
Small molecule, amyotrophic lateral sclerosis (ALS) - Read more
THE BAD
Company Shutdowns
Alladapt Immunotherapeutics allergic to survival as biotech shuts down
Small molecule, food allergy - Read more [Paywall]
THE BAD
Layoffs
Alector cuts 17% of staff after Ph2 failure
Monoclonal antibody, Alzheimer’s disease - Read more
Medigene cuts 40% of staff
TCR-guided therapy, cancer - Read more
THE BAD
Politics & Policy
President-elect Trump picks COVID herd immunity fan as next head of NIH
Political appointee, national institute of health - Read more
⬇️ The Ugly News ⬇️
THE UGLY
Public Health
Investigation into British Columbia, Canada H5N1 (bird flu) infection origin hits a dead end
H5N1 (bird flu), infectious disease - Read more [Paywall]
You’re all caught up on the latest Pharma & Biotech News!

Why do we eat turkey on Thanksgiving? | Gif: hallmarkstores on Giphy
TLDR Biotech wants to hear from you! 📣
Have comments/questions/complaints about this newsletter?
Send me an email - I want your brutally honest feedback. 📝
Last thing - if you find the content useful and think a colleague would too, please share TLDR Biotech with them! ♻️
Disclaimer: Content, news, research, tools, and mention of stock or tradeable securities are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or to engage in any particular investment strategy. Read the full terms & conditions here