GSK Commits $750M to Get Chimagen’s Phase 1-Ready Drug for Multiple Myeloma
GSK is acquiring global rights to a T cell engager that Chimagen Biosciences developed to hit three targets. GSK believes this tri-specific approach could offer advantages over currently available drugs that hit two targets, but other big pharma companies are also developing trispecific antibodies.
The Real Bottleneck in U.S. Pharma Reshoring Isn’t Factories – It’s Talent
Pharma leaders must take a “construction crew” mindset and start treating workforce development in the same manner as they do critical infrastructure.
Nara Health Secures $14M for Third Party Administration Platform
Nara Health’s funding was led by Khosla Ventures, with participation from Long Journey Ventures and Superior Studios.
Scholar Rock Drug Wins First-in-Class Approval in Rare Neuromuscular Disease
Scholar Rock’s Isembyld isn’t the only FDA-approved therapy for spinal muscular atrophy, but it is the first one that directly targets muscle tissue. Isembyld is the first commercial product for Scholar Rock, which is also evaluating the antibody in other rare muscle disorders.