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Amgen completes $28B Horizon buyout that was challenged by FTC

Amgen on Friday closed its $27.8 billion acquisition of Horizon Therapeutics, about one month after securing clearance from U.S. antitrust regulators who had challenged the …

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Orchard sells to Kyowa Kirin in gene therapy buyout

Dive Brief: Gene therapy developer Orchard Therapeutics has agreed to be bought by Japan’s Kyowa Kirin in a deal that highlights the challenges of commercializing …

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AbbVie acquires Parkinson’s drug in latest biotech buyout

AbbVie has acquired a small biotechnology company and its experimental treatment for Parkinson’s disease, adding to a recent string of deals that have expanded the …

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Drug Discovery 2023

#DD2023 #ELRIG #drugdiscovery23 The most important drug discovery event of the year is just around the corner!  ELRIG (The European Laboratory Research & Innovation Group) …

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Structure boosted by early data for experimental obesity drug

Dive Brief: Shares in Structure Therapeutics jumped Friday after the San Francisco-based biotechnology company released results from a small study of an experimental weight loss …

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Intercept, after biotech rollercoaster ride, agrees to buyout by Alfasigma

Liver drug developer Intercept Pharmaceuticals has agreed to be acquired by Italian company Alfasigma for about $800 million, the companies announced Tuesday, ending one of …

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New RSV vaccines can be powerful tools, but rollout poses test

New vaccines for respiratory syncytial virus offer a significant opportunity this fall for protection against a pervasive public health threat. Their arrival in the U.S., …

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BrainStorm’s ALS therapy not effective, FDA panel finds

A group of advisers to the Food and Drug Administration on Wednesday determined that a controversial therapy for ALS does not have enough evidence to …

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Seagen’s cancer drug succeeds in ‘must-win’ trial

A combination of cancer drugs from Seagen and Merck & Co. has shown early success in a large clinical trial, results that help confirm the …

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Intarcia’s diabetes drug-device combo voted down again by FDA panel

A Food and Drug Administration advisory committee voted unanimously on Thursday afternoon to reject an appeal for Intarcia Therapeutics’ Type 2 diabetes drug-device combination treatment, …

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Genentech takes up a deal to make ‘molecular glue’ drugs

“Molecular glues” — so named for their ability to forcibly pull together two proteins that wouldn’t otherwise interact with each other — have come a …

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Novartis cancels Beigene partnership as cancer drug gains EU approval

Dive Brief: Novartis has terminated a global deal with BeiGene, retaining full rights back on the cancer immunotherapy tislelizumab, the China-based biotech said Tuesday. Also …

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Moderna aims for the stars again with ambitious drug development plan

The biotech is telling investors it expects to launch as many as 15 new products, from which it is forecasting billions of dollars in annual …

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After IPO success, Acelyrin hits trial setback with inflammation drug

The company’s lead drug, izokibep, missed its goal in a late-stage trial, though Acelyrin said it sees some hope in the results. Dive Brief: Acelyrin …

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With latest fundraise, Rome Therapeutics works to drug the ‘dark genome’

Led by former Nimbus executive Rosana Kapeller, the startup has now raised nearly $200 million in its pursuit of new autoimmune disease and cancer therapies. …

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New startup Arialys takes aim at the immune system, hoping to create neuropsychiatry drugs

Backed by Johnson & Johnson’s venture arm, among others, Arialys plans to take medicine it acquired from Astellas Pharma into clinical testing next year. A …

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ELRIG UK Establishes Engagement Strategy Work Group

Group aims to improve access to scientific programmes and grow ELRIG community. Cambridge, UK, 14 September 2023: The European Laboratory Research & Innovation Group (ELRIG) UK …

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Seagen partners with Nurix to create new kind of cancer drug

In a multi-year research alliance, the companies aim to combine Seagen’s antibody technology with compounds that can degrade cancer-driving proteins. Dive Brief: Seagen is committing …

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Otsuka taps Shape in deal to design eye gene therapies

The companies will work together to pair Shape’s adeno-associated virus technology with Otsuka’s genetic payloads. Japan’s Otsuka Pharmaceutical will work with Seattle startup Shape Therapeutics …

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AstraZeneca, seeking new drug targets, taps a genomics biotech and its AI technology

The collaboration will use Verge Genomics’ platform, which has developed a novel candidate for ALS using data from human tissue. Dive Brief: Verge Genomics, a …

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