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Scientist.com, which links drugmakers to CROs, is sold Read in browser
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16 September, 2025
2025'S BREAKOUT STARTUPS. WHO'S ON THE LIST? - Endpoints 11
Endpoints News returns to Boston’s State Room to announce the 2025 class of biotechs worth watching. Join the live unveiling and see the industry’s next chapter come into focus. Which biotechs will make the leap? Join us.
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top stories
1. Eli Lilly picks Virginia for $5B API site as part of $27B US pledge
2. Exclusive: GHO Capital buys Scientist.com as drugmakers farm out services
3.
news briefing
Ark, Atom file to go public in Hong Kong; Aptevo’s stock rallies on AML data
4. Genmab ends work on ADC from $1.8B acquisition of ProfoundBio
5. Dualitas gets $65M in Series A to develop bispecifics for immunology
6. Former CinCor executives return with new ‘hub-and-spoke’ company, old Sanofi drug
7. CSL commits $117M to help bring VarmX’s blood clotting drug to market
8. Exclusive: Fred Hutch duo's startup launches with $10M to build AI generative genomics models
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Jaimy Lee
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We’ll be closely covering Wednesday’s HELP Committee hearing examining the changes at the CDC. Former director Susan Monarez is expected to testify, as is one other former CDC official. Stay tuned for our live blog.

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Jaimy Lee
Deputy Editor, Endpoints News
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by Anna Brown

Eli Lil­ly has se­lect­ed the first lo­ca­tion for one of four new man­u­fac­tur­ing fa­cil­i­ties in the US, pick­ing Rich­mond, VA, as the home of a new $5 bil­lion fa­cil­i­ty that will make ac­tive phar­ma­ceu­ti­cal in­gre­di­ents.

Lil­ly start­ed seek­ing pitch­es in March from US states for the four new builds, a move deemed “very un­usu­al” af­ter it an­nounced plans in Feb­ru­ary to in­vest $27 bil­lion to boost its foot­print in the coun­try.

The new fa­cil­i­ty will make APIs for Lil­ly’s bio­con­ju­gate and mon­o­clon­al an­ti­body drugs, the com­pa­ny said Tues­day in a re­lease. It is ex­pect­ed to bol­ster Lil­ly’s do­mes­tic pro­duc­tion of an­ti­body-drug con­ju­gates and should be com­plet­ed with­in the next five years.

Lil­ly's well-known mon­o­clon­al an­ti­body Kisun­la is cur­rent­ly be­ing re­viewed for rec­om­men­da­tion by the Eu­ro­pean Com­mit­tee for Med­i­c­i­nal Prod­ucts for Hu­man Use.

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Kevin Lustig, Scientist.com CEO
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by Jared Whitlock

Sci­en­tist.com, a com­pa­ny that links drug­mak­ers to con­tract re­search or­ga­ni­za­tions, has been bought by the pri­vate eq­ui­ty firm GHO Cap­i­tal.

Deal terms weren't dis­closed.

Found­ed in 2007, Sci­en­tist.com op­er­ates an on­line mar­ket­place for out­sourc­ing drug de­vel­op­ment. By do­ing so, it has tapped in­to the long-run­ning trend of biotechs and phar­ma­ceu­ti­cals farm­ing out ser­vices rather than build­ing out in­ter­nal clin­i­cal or re­search arms. Its cus­tomers in­clude Pfiz­er, Bay­er and No­var­tis.

Sci­en­tist.com had raised $47.3 mil­lion from firms like Leerink Trans­for­ma­tion Part­ners, 5AM Ven­tures and Boot­strap Ven­tures. The com­pa­ny is prof­itable and has logged 33 straight quar­ters of sales growth, CEO Kevin Lustig told End­points News.

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News Briefing: Quick hits from the biopharma web
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by ENDPOINTS

Plus, news about Apol­lo Ther­a­peu­tics, Re­union Neu­ro­science, Basilea, Tafal­gie Ther­a­peu­tics, Areteia Ther­a­peu­tics and Avid­i­ty Bio­sciences:

🇨🇳 Two more biotechs look to IPO in Hong Kong: Ark Bio­phar­ma­ceu­ti­cal in Shang­hai and Atom Ther­a­peu­tics in Hangzhou joined the queue of Chi­nese drug de­vel­op­ers look­ing to go pub­lic on the Hong Kong Stock Ex­change. Found­ed in 2013, Ark­Bio is wait­ing for ap­proval in Chi­na next year for an RSV treat­ment and a small mol­e­cule for AD­HD. It al­so has pro­grams in de­vel­op­ment for IPF, COPD and in­fluen­za and has in-li­censed can­di­dates from Roche and Com­mave Ther­a­peu­tics. Mean­while, Atom has treat­ments for var­i­ous forms of gout, hy­pe­r­uricemia and chron­ic kid­ney dis­ease in late- and mid-stage tri­als. — Kyle LaHu­cik

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by Kyle LaHucik

Gen­mab has stopped de­vel­op­ment of an ear­ly-stage an­ti­body-drug con­ju­gate that it swooped up in its $1.8 bil­lion ac­qui­si­tion of Pro­found­Bio last year.

The Dan­ish bio­phar­ma end­ed clin­i­cal de­vel­op­ment of GEN1107, or PRO1107, “as the over­all ben­e­fit-risk pro­file no longer sup­ports con­tin­u­a­tion,” the com­pa­ny said Mon­day in an up­date to the Phase 1/2 tri­al reg­istry.

A Gen­mab spokesper­son con­firmed the de­ci­sion.

The drug­mak­er had been ex­plor­ing the PTK7-tar­get­ed ADC for var­i­ous sol­id tu­mors, in­clud­ing ovar­i­an, en­dome­tri­al, and urothe­lial can­cers.

PTK7 is a tar­get of in­ter­est for com­pa­nies like Eli Lil­ly,