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Jefferies Conference Highlights How Biotech’s Rollercoaster Ride Will Continue Into 2024

 
• By Andrew McConaghie

Survey shows long-term optimism but fears that 2024 will be another hard slog for those biotechs with dwindling cash resources.

Jefferies conference 2022
Jefferies' conference is held every year in London and is one of the biggest biopharma investor events in Europe. • Source: Scrip

The lean times in biotech financing look set to continue into 2024, with the greatest hope for improvement coming from increased M&A and deal-making activity.

That is according to a new survey of 600 executives, drawn from investors and senior biopharma leaders conducted by investment...

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Pipeline Watch: ASCO Dominates Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.

Quick Listen: Scrip’s Five Must-Know Things

 
• By Ian Haydock

In this week's episode: Sanofi’s Blueprint buy; AstraZeneca’s breast cancer resistance results at ASCO; BMS and BioNTech’s big bispecific deal; Kymera’s Dupixent in a pill; and Degron’s CEO on pipeline and strategy.

Chinese Biotech VC/PE Fundings Rise But Still Modest

 
• By Dexter Jie Yan

LTZ Therapeutics and Beijing Sungen Biomedical are among the Chinese biotechs raising new funding, of around $40m each, based on their clinical assets with novel mechanisms of action. While fundings have risen, they remain moderate however.