MetaVia's GLP-1/glucagon drug reduced liver fat and body weight in a phase 1 trial, but questions remain about its competitive edge. The biotech is now targeting a less crowded corner of the liver disease market. fiercebiotech.com/biotech/metavi…
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Rezera, formerly known as NodThera, is targeting $181 million in IPO proceeds to advance its lead NLRP3 inhibitor into a phase 3 trial for peripheral artery disease next year. fiercebiotech.com/biotech/rezera…
Evommune is joining Novartis in the race to develop VAV1-targeting molecular glue degraders, striking a deal worth up to $1.1 billion with China's Hinova Pharmaceuticals. fiercebiotech.com/biotech/evommu…
Just two months after launching a phase 1 trial, Sanofi is pulling the plug on a STAT6 degrader licensed from Nurix. The decision comes amid a broader pipeline shake-up under Sanofi's new CEO. fiercebiotech.com/biotech/sanofi…
Ultragenyx is cutting 20% of its workforce and shelving drug development programs as it looks to halve R&D spending and reach profitability in 2027. The overhaul follows a string of clinical setbacks. fiercebiotech.com/biotech/ultrag…