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- Biotech & Pharma Updates | May 23 - 27, 2024
Biotech & Pharma Updates | May 23 - 27, 2024
ASCO news up the wazoo, CAR-T attacks solid tumors, the first reported case of diabetes cured by cell therapy, and positive Ph1/2 data turns sour on safety profile.
Welcome to the TLDR Biotech newsletter!
ASCO abstracts came out last week, meaning we’ve got lots of good, bad, and downright ugly oncology-related company updates to cover.
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.
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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 [Paywall] tag for any news stories behind one.
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⬇️ The Good News ⬇️
THE GOOD
Approvals & Labels
In win for consumers, Ipsen’s citizen petition rejected by FDA
Small molecule, acromegaly, cancer - Read more [Paywall]
In world first, Cuorips readies iPSC (induced human pluripotent stem cells)-based therapy approval bid in Japan
iPSC, iPS cells, cardiac tissue - Read more
THE GOOD
Clinical Trials*
*With ASCO abstracts out, this is a biiiig section today!
Nimbus Therapeutics positive Ph I/II solid cancer data
Small molecule, cancer, solid tumors - Read more
Pfizer rationalizes Ph1 → Ph3 jump with data
Antibody-drug conjugate, lung cancer - Read more [Paywall]
Merck, Kelun-Biotech show-off positive Ph3 data
Antibody-drug conjugate, breast cancer - Read more [Paywall]
Bristol Myers Squibb & Iovance report clinical data, with the latter claiming “paradigm-changing”
Antibody, cancer - Read more
AffyImmune claims "first documented complete response” for solid tumor treated with CAR-T
CAR-T, cell therapy, cancer, solid tumors - Read more
What CAN’T it do? Novo Nordisk trial demonstrates kidney protection from Semaglutide use
GLP-1, kidney disease, diabetes, obesity - Read more
Merus’ Ph2 data drop sends stock soaring +36%
Bispecific antibody, head & neck cancer - Read more
HI-Bio spills the (clinical data) beans; here’s the data that convinced Biogen to buy them
Antibody, IgA nephropathy - Read more
Nuvation Bio presents some ROS1y Ph2 data
Small molecule, cancer - Read more [Paywall]
THE GOOD
Earnings & Finances
Medtronic beats estimates and unveils new Hugo surgical trials
Robot-assisted surgery, medical device - Read more
THE GOOD
Fundraises
StrokeDx $5M Seed Funding
Medical device, stroke detection - Read more
Atropos Health $33M Series B
Data, AI, clinical intelligence - Read more
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⬇️ The Good News (Cont.)⬇️
THE GOOD
Investments
Eli Lilly continues manufacturing expansion, $5B this time
GLP-1, obesity, diabetes - Read more
THE GOOD
IPOs
Actuate Therapeutics actuate-ly files $50M IPO
Small molecule, pancreatic cancer - Read more
THE GOOD
Lawsuits
GSK, Boehringer Ingelheim emerge victorious in first Zantac trial
Small molecule, heartburn, cancer - Read more
THE GOOD
Regulatory
FDA’s Peter Marks wants speedier rare disease GT approvals
Gene therapy, rare disease, Duchenne’s - Read more
THE GOOD
Research
“The pill for dudes” search continues; promising animal studies
Small molecule, male contraceptive - Read more
Diabetic patient is insulin-free for 33 months after cell therapy; world-first
Diabetes, cell therapy - Read more
⬇️ The Bad News ⬇️
THE BAD
Approvals & Labels
FDA advisory panel gives a 7-4 thumbs down to Novo Nordisk’s weekly insulin injection
Type 1 diabetes, insulin - Read more
THE BAD
Clinical Trials
Zealand holds out hope for weight-loss competitor despite lackluster results
GLP-1/GLP-2, obesity, weight-loss - Read more
Regeneron’s Ph1/2 clinical data miss
Bispecific antibody, colorectal cancer, solid tumor - Read more
After two flops, Eli Lilly turns up the radio(ligand) on prostate cancer
Prostate cancer, radiopharma, small molecule - Read more
Verastem reports positive Ph1/2 data, but safety profile seriously spooks investors
Small molecule, pancreatic cancer, solid tumor - Read more
Merck KGaA and Pfizer kidney cancer drug combo takes Ph3 L
Small molecule, monoclonal antibody, kidney cancer - Read more
THE BAD
Opinions
With CAR-T, oncologists are “feeling a little left behind“; survey
CAR-T, cell therapy, cancer, physician opinions - Read more
⬇️ The Ugly News ⬇️
THE UGLY
Clinical Trials
J&J reports four patient deaths in Ph1 trial
Radiopharma, prostate cancer - Read more
THE UGLY
Lawsuits
FDA sued by consumer advocacy group on SSRI sexual side effect labelling
SSRI, small molecule, side effects, depression - Read more [Paywall]
THE UGLY
Research
Some menopause treatments may raise ovarian cancer risk; study
Menopause, ovarian cancer, hormone therapy - Read more
THE UGLY
Politics & Policy
Canadian’s were promised made-in-canada Covid vaccines - 4 years & $130M+ later, no vials to show for is
Vaccine, Covid-19 - Read more
THE UGLY
Withdrawals & Recalls
FDA issues Class 1 recall for Hologic’s implantable breast cancer surgery marker
Safety warning, breast cancer, surgery - Read more
Pfizer’s Hospira issues sterile injectable recall, 5 drug lots
Small molecule, sterile injectables, blood pressure, pain management - Read more
You’re all caught up on the latest Pharma & Biotech News!
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