8VC, a tech and life sciences VC firm behind Altos Labs, eyes $1B fund
8VC, a venture capital firm that has spread its bets across multiple industries, including biotech and digital health, is aiming to raise about $1 billion for its sixth fund, according to a new SEC ...
View ArticleTeva CEO says Austedo can grow 'way beyond' impact of IRA
Teva CEO Richard Francis said he expects sales growth to continue for the company’s top-selling drug Austedo, even after it becomes subject to new prices negotiated under the Inflation Reduction Act....
View ArticleExclusive: Fertility startup to begin Phase 3 study of stem cell therapy for IVF
Fertility startup Gameto has received permission from the FDA to see if its ovary-in-a-dish technology can make in vitro fertilization a less grueling process, the company told Endpoints News in an...
View ArticleInhibikase shelves Parkinson’s asset after Phase 2 flop
Inhibikase Therapeutics is slamming the brakes on its Parkinson’s disease program after the candidate failed to improve symptoms in a mid-stage test in treatment-naïve patients. The biotech’s...
View ArticleSanofi is in the market for M&A, thanks to ‘strong’ balance sheet
Sanofi is likely to increase its M&A this year since it has more cash in its pockets, as the French pharma also monitors China as a possible source of new drug innovation, CFO François Roger ...
View ArticleRoche aims for derisked deals and ruthless portfolio cuts in 2025
Roche’s M&A strategy in the coming year revolves around derisked mechanisms and high unmet needs, CEO Thomas Schinecker said Thursday. And further dealmaking over assets from China-based biotechs...
View ArticleMerck stops another Winrevair study early based on positive results from...
Merck announced Thursday that it prematurely stopped a Phase 3 study of Winrevair, a drug approved last year for a rare form of high blood pressure in the lungs. The Phase 3 HYPERION study looked ...
View ArticleTakeda CEO Christophe Weber to retire in June 2026, Julie Kim to take over
Takeda CEO Christophe Weber will step down next June after more than 10 years leading the Japanese drugmaker. Julie Kim, the current president of Takeda’s US business unit, will succeed Weber in June...
View ArticleHow Define Ventures thinks health tech startups will exit in 2025
Define Ventures has its eye on around 20 or so health tech startups that it thinks will go public or be bought up over the next few years. The startups are part of what Define ...
View ArticleTectonic gets Phase 1b win in heart condition where Eli Lilly recently failed
A Phase 1b readout in a specific heart condition is causing an earthquake for one newly public biotech. Tectonic Therapeutic on Thursday morning reported the successful result of its study testing ...
View ArticleIronwood's layoffs; Shionogi’s RSV pill succeeds in Phase 2
Plus, news about Immunome, Deerfield, Switch Therapeutics, ReCode Therapeutics, Atara Biotherapeutics and Genfit: Ironwood halves workforce: The Boston drugmaker is letting go of about 50% of its...
View ArticleCargo Therapeutics cuts lead CAR-T program, 50% of staff
Cargo Therapeutics is stopping a Phase 2 study of an experimental CAR-T therapy after the trial generated disappointing data, and it's laying off about half of its workforce as a result. The San...
View ArticleBright Green budgets $3.5B for new builds; European Commission opens...
Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. API producer Bright Green is investing $3.5 billion to build...
View ArticleTakeda scraps programs as it raises full-year guidance
Several months into a multiyear quest to “rigorously prioritize" its pipeline, Takeda is cutting a handful of programs. The company revealed the changes on Thursday in its third-quarter earnings...
View ArticleRentschler exits cell and gene business due to low demand, will prioritize...
German CDMO Rentschler Biopharma is closing down its cell and gene therapy operations and shuttering a facility in the UK, which could affect up to 30 employees, a company spokesperson told Endpoints...
View ArticleHims is making its Super Bowl debut with an ad that goes straight for pharma
The telehealth startup Hims & Hers comes out swinging against pharmaceutical companies in a provocative new ad slated to air during the Super Bowl. The minute-long spot blames the weight ...
View ArticleBlackstone secures $1.6B so far for new life sciences fund targeted at $5B+
The world's biggest alternative asset manager is further cementing itself in the life sciences industry with another fund dedicated to drug development. Blackstone confirmed on its earnings call on...
View ArticleFDA approves Axsome's acute migraine treatment after 2022 rejection
More than two and a half years after the FDA rejected its migraine treatment, Axsome Therapeutics received an approval for the drug on Thursday to treat acute migraines with or without aura. The drug,...
View ArticleRegeneron wins appeals court orders backing halt on Eylea biosimilars
Two biotech companies failed to reverse orders barring them from selling biosimilars of Regeneron’s eye disease drug Eylea in rulings from a federal appeals court. The US Court of Appeals for the...
View ArticleVertex's non-opioid pain drug Journavx is approved by FDA
The FDA approved Vertex’s non-opioid drug for moderate-to-severe acute pain, bringing to market the first in a new class of alternatives to painkillers. The drug, known as suzetrigine, will have the...
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