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Channel: Endpoints News

Theriva’s oncolytic virus succeeds in pancreatic cancer study, but stock falls

Theriva Biologics' experimental oncolytic virus treatment and chemotherapy helped patients in a mid-stage study stay alive longer than chemotherapy alone. The company said Wednesday that the Phase 2b...

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Cedars-Sinai partners with Redesign Health to build health tech startups

Los Angeles-based health system Cedars-Sinai is partnering with venture studio Redesign Health to build health tech startups from scratch, among other initiatives. The non-profit network of hospitals...

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European regulators to review Valneva shot; Jazz's stock dips on subpar...

Plus, news about NewAmsterdam, C4 Therapeutics, Vivo Capital, and Arcus Biosciences: EMA to conduct safety review of Valneva vaccine: European regulators will review Ixchiq, Valneva’s live attenuated ...

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Charles River launches ‘strategic review’ alongside activist investor Elliott

Charles River Laboratories is set to start a strategic review and add four new board members after it settled on a “cooperation agreement” with Elliott Investment Management. The Wednesday announcement...

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Judge hands win to FDA, Lilly in tirzepatide shortage case

A federal court handed the FDA and Eli Lilly a major win in a case challenging the end of the tirzepatide shortage. On Wednesday, The US District Court for the Northern District of Texas denied ...

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Drugmakers to push back on Trump plan for 'most favored nation' prices

It was Wednesday afternoon last week at the White House, and President Donald Trump was working the room. There with him were CEOs from the world’s biggest companies, all of whom had pledged billions...

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Avadel can seek to expand Lumryz's label after court ruling

Avadel Pharmaceuticals can try to expand the use of its blockbuster narcolepsy drug after a federal appeals court overturned an order that had barred it from filing for FDA approval for use in...

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FDA adcomm to review drugs for four different cancers this month

The FDA announced a two-day meeting of its Oncologic Drugs Advisory Committee (ODAC) later this month to review four cancer drugs from Genentech, Pfizer, J&J and UroGen Pharma, with potential new ...

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PhRMA warns against tariffs as industry probe closes for comments

A leading pharmaceutical trade group urged the Department of Commerce not to place tariffs on the sector as the window for feedback on the trade probe draws to a close. “Tariffs are not the answer ...

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Teva plans staff cuts as it commits to accelerating growth

Teva is planning to reduce its headcount by 8% by 2027, the company announced on Wednesday, as it enters the next phase of its yearslong "pivot to growth" plan. The cuts will impact manufacturing and ...

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Gilead reveals plans to put another $11B into US manufacturing

Gilead is the latest pharma company to announce that it’s pouring billions of dollars into its manufacturing and R&D operations in the US. The company said Wednesday that it’s investing a ...

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FDA will convene vaccine advisors to discuss Covid strain updates

FDA advisors will meet later this month to discuss which Covid-19 strain vaccine makers should target ahead of the the fall and winter, when infections tend to spike. The May 22 meeting, disclosed in a...

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Lantheus culls late-stage Lilly-partnered prostate cancer radioligand

Lantheus finally came clean about the fate of its experimental radiopharmaceutical for prostate cancer, confirming Wednesday that it has dropped the asset. The company had licensed the β-emitter, known...

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HAYA Therapeutics gets $65M for 'dark genome' work following last year's...

After working off $20 million in seed funding for about four years, HAYA Therapeutics tapped the funding well and came back with $65 million to get its cardiac fibrosis treatment candidate into human...

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CRISPR isn’t living up to its potential. Two scientists have a plan to fix that

Fyodor Urnov had given a version of his speech dozens of times before. Yet as he leaned into the microphone to address the FDA’s top regulators late last year, he felt his heart racing. The ...

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Blood cancer biotech Vor Bio ends clinical work, lays off 95% of staff

Vor Bio, founded by famed cancer biologist Siddhartha Mukherjee, is looking for a way out. After attempting to shake up how blood cancers are treated with cell and genome engineering, Vor has now...

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ALX Oncology won’t seek approval for CD47 drug in gastric cancer; Korro Bio’s...

Plus, news about Cognition Therapeutics, Sagimet Biosciences, BeiGene, Hikma and Rallybio: ALX Oncology won’t pursue approval in gastric cancer: The company had been aiming to get its CD47-targeting...

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Bristol Myers' $40B US investment; Shionogi to buy Japanese drugmaker

Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. Bristol Myers Squibb said it is committing $40 billion over the next...

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Verastem wins first FDA approval for ovarian cancer therapy

Boston-based Verastem Oncology on Thursday won accelerated approval from the FDA for Avmapki Fakzynja as a second-line treatment for adult patients with KRAS-mutated recurrent low-grade serous ovarian...

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GSK awaits Nucala decision after FDA target date passes

The FDA is still reviewing a label expansion for GSK’s respiratory drug Nucala in chronic obstructive pulmonary disease despite the May 7 target date for a decision, the company confirmed to ...

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AstraZeneca loses appeals court fight over IRA drug price negotiations

AstraZeneca lost its challenge to Medicare drug price negotiations in the first appeals court ruling on the merits of the Biden-era program. The decision, issued Thursday by the US Court of Appeals ...

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AI-focused biotech insitro cuts 22% of staff, citing 'tumultuous market'

The AI-focused biotech insitro has laid off 22% of its workforce, the company said in a Thursday statement. Founded in 2018 by CEO Daphne Koller, a leading computer scientist at Stanford University,...

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Illumina forecasts $85M in tariff costs, decrease in China sales

Illumina estimates about $85 million in costs this year related to tariffs on its DNA sequencing products, the company said Thursday during its quarterly earnings report. In addition, it expects China...

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Takeda announces handful of pipeline cuts in effort to ‘pivot resources’

Takeda revealed a handful of pipeline cuts in its fourth-quarter earnings results on Thursday, as the company focuses its attention on six late-stage programs it says could deliver billions of dollars...

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