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Channel: Endpoints News

Q&A: Isomorphic Labs CEO Demis Hassabis on $600M raise, AI biotech's future

Isomorphic Labs wants to achieve "maximum acceleration" on its drug discovery research progress, Demis Hassabis told Endpoints News. In an interview on Monday shortly after announcing the startup's...

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Gubra’s AbbVie-partnered amylin looks competitive with Zealand’s in early trial

GUBamy, the amylin obesity candidate developed by Gubra and licensed to AbbVie for $350 million last month, demonstrated encouraging weight loss in an early trial. The Danish company

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Compass Therapeutics' cancer trial succeeds, needs more data

Compass Therapeutics said Tuesday that adding its bispecific antibody to chemotherapy significantly improved response rates compared to chemotherapy alone in a Phase 2/3 biliary tract cancer study. Not...

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Axsome reports Phase 3 depression fail for Sunosi

Axsome Therapeutics said Tuesday that a Phase 3 trial for its narcolepsy drug Sunosi failed to meet its primary goal in major depressive disorder. The company was testing Sunosi in patients who had MDD...

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Zus Health CEO Jonathan Bush on the future of health records

My primary care doctor and my OB-GYN have no idea what each other did or prescribed at my last appointments with each. They rely on me to fill them in (even though they work in ...

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European regulator proposal would ‘streamline’ biosimilar process

The European Medicines Agency is looking to simplify the way it approves biosimilars by removing the need for “extensive” clinical data, which would likely cut the cost of entry into the market. The...

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FDA cuts hit drug ad review office, in seeming contradiction with Kennedy's...

HHS Secretary Robert F. Kennedy Jr. has made clear that he would like to ban direct-to-consumer drug advertisements on television and elsewhere. Instead, on Tuesday, he got rid of many of the FDA...

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Eli Lilly sues Empower, Strive over tirzepatide products

Eli Lilly has sued two large compounding pharmacies, alleging they deceive patients and put them at risk with compounded versions of the obesity drug tirzepatide in combinations or forms that haven’t...

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‘It’ll be a challenge’: BIO chief Crowley addresses seismic FDA overhaul

WASHINGTON — The size and scope of the FDA that began Tuesday won’t be the same as the day nears a brutal conclusion for agency staffers that were laid off or forced to resign. Sitting in ...

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Judge orders HHS, other agencies to 'undo' probationary worker firings

The HHS and other federal agencies must reverse the terminations of probationary government workers that were fired in the states challenging the cuts, under a new order issued late Tuesday by a...

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New CDMO emerges, acquires cell and gene manufacturer Landmark Bio

New CDMO Artis BioSolutions has come out of stealth and is snapping up cell and gene therapy manufacturer Landmark Bio for an undisclosed amount. The new San Diego-headquartered manufacturer, which is...

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Arie Belldegrun nabs two leaders for Vida Ventures amid plans for fourth fund

Arie Belldegrun's life sciences venture firm secured a pair of new managing directors after parting ways with two leaders last fall. Vida Ventures said Wednesday that it hired Matthew Cohen, most...

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Edgewise's heart drug shows promise in Phase 2 trial

Edgewise Therapeutics’ cardiac sarcomere modulator has passed a mid-stage test in patients with a genetic heart muscle disease. The biotech’s EDG-7500 produced “meaningful” reductions in left...

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Atsena raises $150M to target rare form of blindness with gene therapy

There's still money to be raised by gene therapy startups with good clinical data. On Wednesday, North Carolina biotech Atsena Therapeutics said it had raised a $150 million Series C to try and be the ...

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Exclusive: Former Pfizer CSO Mikael Dolsten to advise AI unicorn Formation Bio

Can AI make an avatar of Mikael Dolsten? The former chief scientific officer of Pfizer will try to find out now that he's starting a new chapter at Formation Bio after nearly 16 years at ...

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Roche says Ocrevus failed Phase 3 study; Sanofi licenses autoimmune asset...

Plus, news about Sumitomo Pharma, Gilead, Roche, Desentum, Inhibrx and Pila Pharma: Roche's Ocrevus fails high-dose study: The Phase 3 study looking at a dose higher than the approved 600 mg of Ocrevus...

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Tang Capital's Concentra nabs a win, making a deal to buy Allakos

Tang Capital's shell company Concentra Biosciences secured its first major deal since late 2023. Allakos has agreed to be acquired by Concentra for $0.33 per share in cash, and the California biotech...

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BIO CEO on tariffs, MAHA and the future of the biotech industry

John Crowley is clear-eyed about the obstacles he faces. As CEO of the trade group BIO, he’s been tasked with mounting a political comeback for an industry that has taken its punches from Democrats and...

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Eli Lilly adds obesity startup knownwell to its direct-to-consumer service

Eli Lilly’s direct-to-consumer service has added another telehealth startup to its line-up of providers who can prescribe its medications, as it prepares to see more demand for obesity drugs following...

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New FDA Commissioner Marty Makary addresses staff a day after firings

New FDA Commissioner Marty Makary took to the stage at the regulator's Maryland headquarters on Wednesday, in his first public communication to much of the agency since Tuesday's mass firings....

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FTC's fight against PBMs is paused

The FTC’s legal fight against three major pharmacy benefit managers is on hold after two agency commissioners have been removed by the Trump Administration. The commissioners, Rebecca Slaughter and...

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Biopharma execs rethink Trump impact after FDA cuts

This week’s sweeping layoffs at the FDA have caused some biopharma leaders to change their tune on the Trump administration. After President Donald Trump’s victory in November, many biopharma CEOs...

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Trump’s tariffs could leave the pharma industry scrambling

President Donald Trump on Wednesday announced broad 10% global tariffs in a move that pharma industry groups worry will upend drug costs and manufacturing. The announcement marks the administration’s...

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Trump's tariff rollout leaves many questions for drugmakers

A rapid cascade of seemingly conflicting details from President Donald Trump’s tariff announcement left large drugmakers on Wednesday trying to figure out the impact on the industry, with many...

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