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16 September, 2025 |
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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
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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
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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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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
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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, |
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