Private biotech funding ticks up as venture firms deploy cash
BioPharma
Source: biopharmadive.com
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European-Based VC Earlybird Health Closes $186M Fund
The venture capital fund will finance companies in Europe who are in the early stages of development with the goal of advancing them to regulatory approval and commercialization.
Source: biospace.com
FDA Reports Quality Lapses At Indiana Drug Factory That Novo Is Buying
The facility in Bloomington, Indiana, belonged to contract drugmaker Catalent. FDA inspectors found issues including a "pest" on the manufacturing line. Novo is buying Catalent to boost Wegovy production. Also: A report says FDA oversight of foreign firms making U.S. market drugs is weak.
Source: kffhealthnews.org
78% of dealmakers say Sam Altman should be running OpenAI right now
Though the results were a landslide, the comments demonstrate how polarizing Altman can be, according to Semaphore's 16th annual confidence survey.
Source: fortune.com