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GeoVax Advances COVID-19 Vaccine with Up to $45M from BARDA

2024-06-28

Agency plans $343M award for CRO to carry out 10,000-patient Phase IIb trial comparing company’s dual-antigen GEO-CM04S1 to an approved jab. GeoVax Labs is launching a 10,000-participant Phase IIb trial comparing the efficacy, safety, and immunogenicity of the company’s next-generation, dual-antigen COVID-19 vaccine GEO-CM04S1 to one of the current FDA-approved COVID vaccines—a study being funded by the Biomedical Advanced Research and Development Authority (BARDA). [GeoVax Labs]

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The 100 best-funded biotech companies from 2015 to present

2024-06-28

In early 2022, secretive Altos Labs emerged with a sizable $3 billion launch to pursue anti-aging “cellular rejuvenation” amid rumors of Jeff Bezos’ backing. The company is the best-funded biotech in recent memory.

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6 signs AI momentum in drug discovery is building

2024-06-28

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Top pharma companies ranked by 2023 R&D spend

2024-06-28

Which major pharmaceutical company leads the way in research and development? Data reveals that the top R&D spender in 2023 was Merck & Co., by a wide margin. While Pfizer had almost as much revenue as Merck ($60.1 billion vs. $58.5 billion), its R&D ratio was on the lower end at 18.29%, or $10.7 billion.

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Novo Holdings’ $16.5 billion Catalent buy leads 2024’s M&A deals so far

2024-06-28

In the first five months of 2024, there was a surge in high-value deals, though none have yet matched the scale of Pfizer’s $43 billion acquisition of Seagen, which closed in December 2023. With Novo Holdings’ $16.5 billion purchase of Catalent leading the pack, 2024 reflects a mixed but strong trend toward sizable M&A activity. The Novo deal helps it address surging demand for its GLP-1 receptor agonist products, including Ozempic and Wegovy, according to data from the market-intelligence firm

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20 biotech startups attracted almost $3B in Q1 2024 funding

2024-05-16

The top 20 healthcare-focused biotech companies collectively raised $2.9 billion in the first quarter of 2024, according to data sourced from Crunchbase.

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Top pharma companies ranked by 2023 R&D spend

2024-05-16

Which major pharmaceutical company leads the way in research and development? Data reveals that the top R&D spender in 2023 was Merck & Co., by a wide margin

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Biopharma clusters in flux: Who’s hiring, firing and building in biopharma in the first half of 2024

2024-05-16

The biopharma’s layoff woes continue to make headlines, but the news is not all negative. To get a clearer picture, we gathered data on layoffs, new plant plant...

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