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- Biotech & Pharma Updates | May 16 - 19, 2024
Biotech & Pharma Updates | May 16 - 19, 2024
Bayers posts hot menopause clinical trial results, Moderna wins a major lawsuit against Pfizer-BioNTech, and a molecular glue biotech unsticks some staff
Welcome to the TLDR Biotech newsletter!
Friday was a lighter news day, so this edition’s going to be a quick read!
TLDR Biotech aims to be your one-stop source for biotech and pharma updates - all with one daily email.
I’m always looking to make these news compilations more informative, impactful, and easy to navigate.
So if you have any feedback on what you like (or don’t), I’d love to hear from you!
(You can also reach out to me on LinkedIn)
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).
One last thing; I know paywalls can be annoying, so there’s a new [Paywall] tag for any news stories behind one.
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⬇️ The Good News ⬇️
THE GOOD
Clinical Trials
Bayer posts hot results in two menopause-associated hot flash trials
Small molecule, menopause - Read more
Closed Loop, Pharmanovia launch a “zesty” drug+software combo therapy
Small molecule, digital health, combination, hypertension - Read more
THE GOOD
Earnings & Finances
Cleveland Clinic non-profit reports; operating margins go up (a bit)
Medical centers, non-profit - Read more
THE GOOD
Fundraises
R3 Vascular $87M raise
Bioresorbable stent, medical device - Read more
THE GOOD
IPOs
Telix Pharmaceuticals potentialy $100M IPO
Radiopharmaceuticals, cancer - Read more
THE GOOD
Lawsuits
Moderna reigns supreme in COVID shot patent case
Covid-19 vaccine, patent law - Read more
THE GOOD
Research
Research links (very rare) COVID vaccine-related blood clots to common cold*
COVID-19, vaccine development - Read more
(*A “Good” story as this research could help us develop safer vaccines in the future)
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⬇️ The Bad News ⬇️
THE BAD
Approvals & Labels
Jiangsu Hengrui Pharma, Elevar Therapeutic liver cancer combo lands FDA rejection
Antibody, small molecule, combo therapeutic, cancer - Read more
THE BAD
Layoffs
Erasca trims staff and pipeline
Molecular glue, cancer - Read more
THE BAD
Opinions
FTC Deputy Director weighs in on Pharma M&A
Mergers & Acquisitions - Read more [Paywall]
⬇️ The Ugly News ⬇️
THE UGLY
Approvals & Labels
EMA follows FDA, cracks down on preterm birth drug; safety & efficacy concerns
17-hydroxyprogesterone caproate, preterm birth - Read more
THE UGLY
Opinions
Who doesn’t trust the FDA? This research aimed to find out. - Read more [Paywall]
You’re all caught up on the latest Pharma & Biotech News!
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