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Lilly's diabetes and obesity leader to retire in broader leadership shuffle as CSO Dan Skovronsky takes on immunology role
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Pharma
Kezar changes CEOs, lays off 41% of staff and halts preclinical R&D to extend cash runway
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The Endpoints Slack interview: Cellino CEO Nabiha Saklayen on cell therapy's future, Elon Musk and time travel
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Startups
Cell/Gene Tx
Flagship poaches another pharma R&D leader as GSK's Lepore heads to ProFound
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Syros lays off 35% of workers, replaces CEO and loses CSO after axed pacts
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R&D
Katalin Karikó, Drew Weissman win Nobel Prize for mRNA discoveries
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Scoop: Led by former Trump official, Altesa BioSciences raises $35M for antivirals, recruits Moncef Slaoui to board
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Financing
PTC cuts 25% of its workforce to save money amid big company revamp
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Abcam founder urges investors to vote against Danaher's $5.7B buyout, seeks to return as CEO
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Forcefield Therapeutics to start £35M Series A in October after scooping ex-Novartis exec John Tsai as new CEO
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Nobel Prize winner Demis Hassabis talks about his vision for Isomorphic and AI’s future in biotech
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Poxel takes writedown on NASH drug as it continues layoffs, search for cash
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Aurinia appoints founder to board in handshake with MKT Capital
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Updated: Societal CDMO lays off 26 employees, reworks hiring plans after strategy review
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Manufacturing
Oxford Biomedica pivots by laying off 200 people, acquiring ABL Europe amid declining total revenues
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Manufacturing
NightHawk lays off 14% of R&D workforce, pivots to focus on CDMO Scorpius Biomanufacturing
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Manufacturing
It’s almost the end of the road for Fresh Tracks as board supports liquidation
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Pharma
Rentschler names Benedikt von Braunmuehl as CEO; Catalent grabs David McErlane from Lonza as biologics lead
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Manufacturing
Kinnate lays off 70% of employees, shaves pipeline to focus on CDK4 and pan-RAF inhibitor
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R&D
Merck’s women’s health spinoff Organon looks for pharmaceuticals, diagnostics, devices to fill out its pipeline
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Former Alexion VP pleads guilty to insider trading on Portola buyout
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Law
Exclusive: GSK revamps its research strategy, building three teams to target specific disease spaces
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R&D
Pharma
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