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Terns pivots to cancer after GLP-1 pill disappoints Read in browser
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top stories
1. Frequent flyers: Top drugmakers’ private jets descended on DC more than 120 times this year, data show
2. Terns ditches obesity pill and pivots to cancer after mid-stage letdown
3. Exclusive: China biotech raises $44M to advance in vivo CAR-T programs after early clinical data
4. Sanofi reveals Phase 2 rare disease win from Inhibrx buyout
5. Summit raises $500M, with more than half coming from its C-suite
6. Exclusive: Fast Track Initiative closes $130M venture fund to bridge science between US and Japan
7. Genmab was one of three bidders before inking $8B Merus acquisition
8.
news briefing
A trio of biotechs target $250M offerings; Regeneron stops cell therapy trial
9. Takeda makes major bispecific, ADC pact with Innovent for $1.2B upfront
10. Sanofi backs immunology startup, which raises $183M Series C for lead drug's pivotal trial
11. Ipsen to buy ImCheck for €350M to get 'superfamily' of immunotherapies
12. Flagship launches Expedition Medicines to make small molecules with AI, led by former Lila Sciences and Generate exec
13. Polaris Partners plans to raise $500M for latest biotech fund
14. 10x Genomics sues DNA giant Illumina over patents
15. Elevara raises $70M to test a breast cancer approach in rheumatoid arthritis
more stories
 
Jaimy Lee
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Max Bayer has a great piece examining the number of times that private jets owned by drugmakers have landed in Washington, DC, this year. It’s a story that shows just how seriously the biopharma industry is taking the risks to their businesses during President Donald Trump’s second term.

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Jaimy Lee
Deputy Editor, Endpoints News
Illustration: Viktoria Nikolova for Endpoints News
1
by Max Bayer

Pri­vate jets be­long­ing to six of the largest US drug­mak­ers land­ed at Wash­ing­ton, DC-area air­ports at least 127 times through Sep­tem­ber, ac­cord­ing to an End­points News analy­sis, dur­ing one of the high­est-stakes po­lit­i­cal sit­u­a­tions for the in­dus­try in decades.

That adds up to a pri­vate plane from one of the com­pa­nies land­ing in Wash­ing­ton al­most every oth­er day. The trips come at a time of near-con­stant lob­by­ing and ne­go­ti­a­tion by the in­dus­try over drug prices, trade, sci­ence, the FDA and many oth­er is­sues.

To con­duct the analy­sis, End­points re­viewed pri­vate jet flight da­ta from a com­pa­ny called Jet­Spy, which tracks plane po­si­tion da­ta “from a va­ri­ety of sources.” The analy­sis looked at pri­vate jets op­er­at­ed by Ab­b­Vie, John­son & John­son, Pfiz­er, Mer­ck, Gilead and Eli Lil­ly, a sam­pling of the largest drug­mak­ers in the world that had da­ta avail­able on Jet­Spy.

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2
by Elizabeth Cairns

Terns Phar­ma­ceu­ti­cals has shelved its in­ves­ti­ga­tion­al obe­si­ty pill af­ter the drug was far less ef­fi­ca­cious in a mid-stage tri­al than in ear­li­er stud­ies.

The Cal­i­for­nia biotech’s shares TERN opened down about 11% on Wednes­day morn­ing, the day af­ter the da­ta were re­leased.

Af­ter three months of treat­ment, the GLP-1 ag­o­nist, co­de­named TERN-601, cut the weight of pa­tients with obe­si­ty by a sta­tis­ti­cal­ly sig­nif­i­cant mar­gin over place­bo. But the mag­ni­tude of the weight loss was poor. The top dose — 750 mg once a day — pro­duced a weight re­duc­tion of just 3.0 per­cent­age points over place­bo.

A low­er dose — 500 mg per day — was ac­tu­al­ly bet­ter than the high. Pa­tients us­ing a fast titra­tion scheme to reach this dose saw their weight drop by 4.6 points over place­bo, where­as those up­ping their dose to 500 mg more slow­ly had weight loss of 3.6 points more than place­bo.

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3
by Ryan Cross

The glob­al race to de­vel­op in vi­vo CAR-T ther­a­pies that could re­place oner­ous cell ther­a­pies with sim­pler, safer in­fu­sions con­tin­ues to heat up, and now a Chi­nese biotech start­up has qui­et­ly be­gun clin­i­cal tests of its treat­ments.

In an ex­clu­sive in­ter­view with End­points News, Star­na Ther­a­peu­tics said it's seen com­plete elim­i­na­tion of cir­cu­lat­ing B cells — the cells that can run amok