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FDA approves Soleno’s rare disease drug for Prader-Willi syndrome

The FDA on Wednesday approved Soleno Therapeutics' new drug designed to treat the worst symptom of a debilitating rare disease known as Prader-Willi syndrome. Regulators approved diazoxide choline...

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Alcon takes majority stake in Aurion, changes CEOs

Eye giant Alcon said Wednesday it acquired a majority stake in cell therapy startup Aurion and replaced CEO Greg Kunst, the latest twist in a struggle for power between the two companies. The...

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Galatea Bio gets $25M to map genetic diversity of 10 million people, help...

A Miami startup looking to sequence the genetic diversity of 10 million people this decade has pulled in $25 million in total funding. Galatea Bio wants to create a global biobank that can be used ...

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Candel to focus on non-squamous lung cancer following new survival data

Candel Therapeutics said Wednesday that new data on its viral immunotherapy showed only a marginal improvement in survival of progressive lung cancer patients compared with an earlier cut from the same...

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AI scribes reduce burnout, but financial returns unclear — report

Despite cutting down on burnout, AI scribes have yet to clearly prove they save clinicians time and show financial returns, a new report found. For the report, the Peterson Health Technology Institute...

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Miga Health co-founder shares why he turned down new funding

Last year, Miga Health, a virtual cardiovascular care company, told investors it wasn't going to raise more money and would stop running a central part of its business, transitioning its thousands of...

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HHS plans to cut 10,000 more staffers in major downsizing

The Department of Health and Human Services on Thursday announced major plans to downsize the department as part of a major reorganization built around Secretary Robert F. Kennedy Jr.'s "Make America...

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Nkarta to lay off 34% of staff; Savara’s debt financing deal

Plus, news about Bicycle Therapeutics, Kelso Pharma, Arbutus Biopharma, Ascletis Pharma, Alvotech and Xbrane: Nkarta axes 34% of staff: The cell therapy maker said the layoffs of 53 workers would help ...

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What happened to Miga Health

My latest story is one I don’t get the chance to write often — maybe ever. When I first heard some murmurs that Miga Health, a virtual cardiovascular care company, had stopped taking patients, I...

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Equillium says graft-versus-host drug fails Phase 3, stock dives

A penny stock biotech reported that its acute graft-versus-host disease drug failed a late-stage trial, but it still plans to seek accelerated approval. Equillium said Thursday that itolizumab did not...

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Chiesi pours €430 into new Italy site; Bharat’s first CGT site in India

Welcome to Endpoints News’ manufacturing briefs, where we bring you essential news on new builds, collaborations, recalls and more. Chiesi is investing €430 million ($358 million) over the next five...

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New pharma tariffs could put generic drugmakers under pressure

President Donald Trump’s threatened tariffs on pharmaceuticals are incentivizing drugmakers to build more manufacturing capacity in the US. But makers of generics likely won’t have the resources to...

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Exclusive: Metsera CEO on what it takes to build an obesity biotech in 2025

Metsera, one of the few biotechs to complete an IPO this year, is making its best effort to catch up to the obesity drug giants: Eli Lilly and Novo Nordisk. The startup landed a ...

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Merck details injectable Keytruda data as it awaits FDA decision

Merck shared Phase 3 data showing that an injectable version of its blockbuster cancer drug Keytruda is comparable to the approved intravenous infusion in lung cancer patients. And it said it' ...

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FDA’s policy, communications staff likely to be among agency’s 3,500 staff cuts

HHS’ plans to eliminate almost 20% of the FDA’s staff will likely take a major toll on policy, communications and other administrative staff at the agency, according to agency veterans and other...

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Merck KGaA pays Abbisko $85M for full commercial rights to benign tumor drug

Merck KGaA is spending $85 million to tap global commercialization rights to pimicotinib, a candidate for non-malignant tumors that it licensed from China’s Abbisko Therapeutics in 2023. The German...

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Before Alumis went public via IPO, it tried doing a reverse merger with Acelyrin

Last month's all-stock merger proposal between Alumis and Acelyrin wasn't the first time the companies considered a deal. A Thursday SEC filing reveals how, almost a year ago, Alumis approached...

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On the heels of staff cuts, CRISPR Therapeutics COO departs; Changes galore...

→ After a 6-year run, CRISPR Therapeutics COO Julianne Bruno is stepping out the door to pursue other opportunities. Bruno's departure comes nearly a month after the gene editing company ...

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Novo makes oral obesity drug partnership with Lexicon worth up to $1B

Novo Nordisk is going all-in on next-generation obesity medicines, and on Friday announced a licensing deal with a Texas biotech to get access to its oral small molecule drug. Under the deal, Lexicon...

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BioNTech details promising mid-stage data for its PD-L1xVEGF in aggressive...

BioNTech has highly encouraging survival data for its bispecific antibody combining checkpoint blockade with VEGF-A inhibition as a first-line treatment for a serious form of lung cancer. And if the...

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