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Article Apr 29

RIO DE JANEIRO — Kyunghyun Cho says he's a free man once again. He makes that observation, semi-jokingly, while looking over countless rows of poster presentations on the sidelines of the International Conference on Learning Representations ... Captured by scrape-rss from https://endpoints.news/feed/

Should pharma be swinging bigger with AI? One top researcher wants to try

Article Apr 29

MPM BioImpact, a leading biotech investor, is going all in on its strategy to take China-born drugs to the global stage. Over the past year, its portfolio company K2 Therapeutics has amassed three drug programs ... Captured by scrape-rss from https://endpoints.news/feed/

MPM has collected three China drugs for its ‘best of both worlds’ strategy

Article Apr 29

GSK is expecting several key late-stage readouts this year and, if they do not succeed, the company could change its team structure, CEO Luke Miels said during its first-quarter earnings call with the media Wednesday. ... Captured by scrape-rss from https://endpoints.news/feed/

GSK CEO says team reorg could be in the cards pending upcoming Phase 3 readouts

GSK
Article Apr 29

Chiesi is buying commercial biotech KalVista Pharmaceuticals for about $1.9 billion in an extension of the industry's vigorous spring shopping spree. The Italian pharma will pay $27 per share {$KALV} in cash to buy the ... Captured by scrape-rss from https://endpoints.news/feed/

Chiesi signs $1.9B deal to acquire KalVista and its approved drug

Article Apr 29

AstraZeneca and the UK government are back in each other's good graces. AstraZeneca on Wednesday said it is lifting its UK investment pause, with a £300 million budget to finish construction of a new office ... Captured by scrape-rss from https://endpoints.news/feed/

AstraZeneca rekindles UK relationship, pledges £300M to expand

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AZN
Article Apr 29

AstraZeneca said it had stopped several mid- and late-stage trials of some of its pipeline programs in the past few months, potentially limiting some of the life-cycle extensions it was hoping for. Its first-quarter Captured by scrape-rss from https://endpoints.news/feed/

AstraZeneca cuts a couple of late-stage life-cycle trials after disappointing efficacy

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AZN
Article Apr 29

Biogen is still looking at deals even after earmarking $5.6 billion to buy Apellis Pharmaceuticals earlier this month. “Most of what we're going to be focusing on is early-stage development and research, because that part ... Captured by scrape-rss from https://endpoints.news/feed/

After Apellis deal, Biogen looks to fill early-stage pipeline

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Article Apr 28

The pan-RAS space continues to gain momentum, as AbbVie signs up for a shot at entering a field with the potential to drastically alter the treatment of certain cancers. The Chicago-area pharma giant has signed ... Captured by scrape-rss from https://endpoints.news/feed/

Updated: AbbVie flirts with popular pan-RAS field in up to $1.45B option to acquire Kestrel

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Article Apr 28

A few years in, admin tech is still reigning as the king of health tech funding. Startups using AI to tackle mundane administrative work in healthcare, such as follow-ups, Captured by scrape-rss from https://endpoints.news/feed/

The crown for healthcare admin tech is still up for grabs

Article Apr 28

Rocket sells PRV for $180M: The New Jersey gene therapy maker sold the rare pediatric disease priority review voucher to an undisclosed buyer. Rocket Pharmaceuticals got the PRV after securing FDA ... Captured by scrape-rss from https://endpoints.news/feed/

Rocket's PRV goes for $180M; Oruka targets $500M offering

Article Apr 28

Pfizer is staving off Vyndamax competition for another two years. The drug, also known as tafamidis, is among Pfizer’s top three best-selling medicines and vaccines. Vyndamax is approved for a heart ... Captured by scrape-rss from https://endpoints.news/feed/

Pfizer delays patent cliff for blockbuster Vyndamax

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PFE
Article Apr 28

Novartis CEO Vas Narasimhan said the Swiss company is “very disappointed” by Germany’s plan to shave off more than €60 billion in healthcare costs that would affect pharma sales. Germany wants to slash its healthcare ... Captured by scrape-rss from https://endpoints.news/feed/

Novartis CEO disheartened by Germany’s planned €60B cuts to healthcare spending

ABBV $250.33 -1.6% 30d in trend AZN n/a n/a 30d BIIB $209.15 +1.5% 30d in trend GSK n/a n/a 30d KALV n/a n/a 30d PFE $26.87 +9.1% 30d coming into play