Welcome back to another edition of Endpoints Weekly. Our Saturday newsletter will be off next week for Thanksgiving, so let us be the first to wish you all a happy and healthy holiday! I’m personally most excited to have my family’s homemade pumpkin pie. 😋
Things have slowed down ahead of Thanksgiving, but we still had some important news this week. FDA Commissioner Marty Makary made headlines with his comments about China trial data and how the agency is thinking about adopting President Donald Trump’s “America First” motto regarding user fees. We also had another buyout this week from Johnson & Johnson, a new gene editing paper from David Liu, and a recap of the Jefferies conference in London.
And if you missed it this week, our Drew Armstrong and Andrew Dunn sat down with biopharma’s Mr. Reality Check, Derek Lowe, for an episode of Post-Hoc Live. You can watch
the conversation here
. See you in December! —
Max Gelman
FDA Commissioner Marty Makary
floated the idea
of higher user fees for companies
operating outside the US, embracing the Trump administration’s “America first” mantra, Endpoints’ Zachary Brennan reported. “If your Phase 1 trial is not in the United States, maybe you should pay a higher user fee,” Makary said at a supply chain resiliency meeting at the National Academies of Sciences, Engineering, and Medicine late last month.
The next round of user fees will be renegotiated under PDUFA VIII, which will run from 2028 through 2032. When asked whether the FDA will call for higher ex-US user fees in the negotiations over the next year, an FDA spokesperson told Endpoints that the administration “is prioritizing an America first approach to all activities, including drug development and research.”
Makary also questioned the trustworthiness of Phase 3 trials coming from China.
“I’m not sure we can trust a Phase 3 trial done in China. Do you trust the GDP numbers that come out of China? Why would you trust a Phase 3 clinical trial done in China?” he said at the event. Read more from Zach
here.
🤝This week continued a recent uptick in mergers and acquisitions,
with Johnson & Johnson
agreeing to buy out
Halda Therapeutics for $3.05 billion in cash. It’s J&J’s first acquisition since taking out Intra-Cellular Therapies earlier this year. Halda is working on small-molecule cancer drugs, which it calls regulated induced proximity targeting chimeras, or RIPTACs. The deal comes just a month after Halda released its first batch of clinical data in prostate cancer for its lead drug.
The Halda buyout followed Merck’s announcement last Friday
that it would acquire Cidara Therapeutics, which is developing flu antiviral treatments, for $9.2 billion. This week, Merck CEO Rob Davis fielded questions from analysts about the deal, saying
he’s on the hunt for more
. “We look forward to a future with a far more diversified set of growth drivers,” Davis said on the call. While Merck has relied on its cancer immunotherapy Keytruda to drive sales, it’s expected to fall off-patent in 2028.
AstraZeneca also made a small deal for an obesity startup
called SixPeaks Bio, tucking the announcement into its third-quarter earnings report earlier this month. Biotech correspondent Kyle LaHucik spoke with SixPeaks CEO Philip Just Larsen about the $170 million deal, with Larsen noting the company’s application for its first clinical trial is “imminent.” Read more
here
.
🧬Researchers led by the Broad Institute’s David Liu have come up with a new use for prime editing
that could have potential for a range of diseases with the same root cause,
Lei Lei Wu wrote
. But like most promising new science, it comes with challenges.
The research, published this week in
Nature,
describes how to use prime editing
to address diseases caused by gene mutations that cut off the formation of proteins in the body. The genetic errors, called nonsense mutations, account for 24% of all disease-causing variants, according to the paper. The technique is focused on transfer RNAs, or tRNAs, which are a key molecule in the protein-making process. One major appeal of the approach is that it could use the same general solution for many different diseases.
But it has yet to be studied in humans.
There’s also the question of just how to deliver the therapy to the right place in the body. Fyodor Urnov, a molecular therapeutics professor at the University of California, Berkeley who was not involved in the study, called the work a “step change.” He told Lei Lei that Liu’s lab “came up with a new kind of engine, but in order for it to truly change the way we move around, whether by flight or by cars, we need to build different planes and different cars.”
💰Aspen Neuroscience locked down the $115 million Series C
this week with
plans to enter Phase 3 next year
. The biotech is developing an autologous cell therapy treatment for Parkinson’s disease, re-engineering a patient’s own cells to fight the disease. Aspen anticipates recruiting next year and then dosing the first patient in 2027, seeking to enroll about 100 in total. Aspen got funding from OrbiMed, ARCH Venture Partners and Gilead’s Kite, among other prominent investors.
The most likely competitor is Bayer-owned BlueRock Therapeutics.
Aspen CEO Damien McDevitt believes his company can compete because it is developing an autologous treatment, versus BlueRock’s allogeneic method that requires immunosuppressants to help the body handle foreign cells.
🇬🇧 Check out
this dispatch
from our team members who attended the Jefferies Global Healthcare Conference in London. They covered Alkermes’ comments on how it views the strategic value for Avadel, Light Chain’s rationale for betting on CD47 as a promising approach in oncology, WuXi’s thoughts on building in the US, and more.