- TLDR Biotech
- Posts
- Biotech & Pharma Updates | May 1 2024
Biotech & Pharma Updates | May 1 2024
All your Biotech & Pharma news in one daily email
Welcome to the TLDR Biotech newsletter!
Our aim is to be your one-stop source for biotech and pharma updates - all with one daily email.
We’ll likely tweak the exact format and delivery over the next few weeks as we get our feet under us.
So if you have any feedback on what you like (or don’t), we’d love to hear from you!
MINOR HOUSEKEEPING
How these updates are formatted
The newsletter is split into three main sections:
THE GOOD - good news (eg. fundraises, product approvals)
THE BAD - negative news (eg. clinical trial failures, layoffs)
THE UGLY - negative but atypical news (lawsuits, product recalls, scandals)
Within each of the three above parts, there are additional sections for easier navigation:
Eg. There will be multiple “The Good” sections covering things like Fundraises, Approvals, Partnerships etc.
There will be also additional tags within these sections (Eg. fundraises may mention Stage, product approvals may mention drug name and disease area.)
See something you want to get into further? Click the Read More (goes out to either a news article or a press release).
⬇️ Your Biotech & Pharma Updates Below
THE GOOD
Approvals & Labels
Toku - FDA breakthrough status for a kidney-disease assessment AI via retinal images
Medical device, AI, kidney disease, diabetes - Read more
Neurocrine lands FDA approval for “sprinkle” Ingrezza formulation
Small molecule, movement disorders - Read more
Boehringer Ingelheim scores FDA approval for Humira biosimilar
mAb, biosimilar, inflammatory disease - Read more
THE GOOD
Clinical Trials
Jacobio ready KRAS lung cancer play with positive data
Small molecule, lung cancer - Read more
GSK moves up Blenrep regulatory submission, 2024 H2
mAb, multiple myeloma - Read more
THE GOOD
Earnings & Finance
Mustang Bio announces IPO, $4M
Cell therapy, gene therapy - Read more
THE GOOD
Fundraises
Novo Holdings pledges €188M towards quantum technologies in Denmark
Ecosystem, company creation, quantum - Read more
PlaqueTec equity financing, $8M
Coronary artery disease, health tech - Read more
Vitestro $22M (round not disclosed)
Blood draw, AI, health tech - Read more
Vivalyx €5.4M seed round
Organ vitality, organ transplant - Read more
Piction Health $6M seed round
AI, dermatology, virtual health - Read more
Infinitopes £12.8M seed round
Cancer vaccines - Read more
SpinEM Robotics raises €10M, series A2
Health tech, surgery robotics - Read more
Surf Bio’s $1.6M non-dilutive grant, Bill & Melinda Gates Foundation
mAb, drug stability, polymer - Read more
THE GOOD
Marketing
J&J does rebrand on 100-year British anniversary - Read more
THE GOOD
Mergers & Acquisition, Business Development
Akari Therapeutics, Peak Bio outline merger plans
ADC, geographic atrophy - Read more
G1 Therapeutics, Pepper Bio sign licensing agreement
Small molecule, breast cancer - Read more
THE GOOD
Opinions
ARCH Venture Partners and their mega-round ambitions
Fundraises, venture capital - Read more
Pfizer tops physician vaccine trust ranking
Vaccines, physician surveys - Read more
Experts weigh-in on FDA regulating lab tests
Regulatory, laboratory tests - Read more
THE GOOD
Partnerships
Bayer, Evotec partner on precision medicine pact
Cardiology, iPSCs, disease modelling - Read more
Editas Medicine, Bristol Myers Squibb extend cell therapy partnerships
Gene editing, cell therapy, T cell - Read more
Astellas, Poseida Therapeutics CAR-T partnership round 2
CAR-T, allogeneic, solid tumors - Read more
Eli Lilly seeking new partnerships via mountain of obesity-cash - Read more
Beacon Biosignals, Takeda partner on sleep disorder trials
Sleep disorders, medical devices - Read more
Genomics plc, GSK - precision medicine collaboration
Clinical trials, polygenic risk scores - Read more
Lunit, Radiobotics software distribution partnership
AI, medical imaging - Read more
THE GOOD
Research
Mitochondria-targeting drugs may lead to new obesity treatments - Read more
THE GOOD
Strategic Plans
KalVista Pharmaceuticals lays out FY2025 plans
Small molecule, hereditary angioedema - Read more
Pfizer hints vaguely at obesity entrance - Read more
Pfizer sets-up DTC marketplace, follows Eli Lilly’s LillyDirect footsteps - Read more
THE BAD
Earnings & Finances
GE Healthcare Q1 revenue dip due to China sales slowdown
Medical device - Read more
THE BAD
Layoffs
Akili Therapeutics cuts headcount in half
Digital therapeutics - Read more
THE BAD
Opinions
Neuroscience drug development failures, why do they keep happening? - Read more
THE BAD
Pipeline Updates
Pfizer trims pipeline, including a gene therapy
AAV gene therapy - Read more
THE UGLY
Lawsuits
J&J subsidiary courts (pun-intended) $6.4B talc ovarian cancer settlement
Settlement, cancer - Read more
THE UGLY
Politics
How reliant is the US on Chinese out-sourcing? A BIO survey aims to find out
Geopolitics, China - Read more
Don’t look for the WuXi Biologics‘ booth at BIO next month
Geopolitics, CDMO, China - Read more
GSK inhaler costs draws ire of a US Senator
Drug pricing - Read more
You’re all caught up on the latest Pharma & Biotech News!
We want to hear from you! 📣
Have comments/questions/complaints about this newsletter?
Send us an email - we want your brutally honest feedback. 📝
And if you like this newsletter and think a friend or colleague would benefit, please share this with them! ♻️
Biotech & Pharma Updates | June 17 - 18, 2024