Exogenus Therapeutics Taps Lonza to Develop a GMP-Compliant Process for Lead Exosome-Based Candidate

Exogenus Therapeutics and Lonza agreed to collaborate on the development of Exo-101, Exogenus’ exosome-based lead candidate. The company specializes in the development of therapeutics based on extracellular vesicles, including exosomes and other nanotechnologies.

Exo-101, derived from immunologically privileged cells from umbilical cord blood, has been shown to have regenerative, anti‑inflammatory, and immunomodulatory properties in multiple preclinical models and is expected to reach patients in 2027, according to an Exogenus spokesperson, who added that its multifactorial mode-of-action, mediated by a cocktail of small RNAs, proteins and anti-inflammatory lipids, provides the foundation for the drug’s therapeutic potential and positive safety profile.

Tissue regeneration and inflammatory disease

Exo-101 targets patients lacking effective treatment options primarily in the areas of tissue regeneration and inflammatory diseases. Lonza will leverage its expertise in exosome development and analytical services from its Siena (IT) site and dedicate a team of experts to define a GMP-compliant process for Exo-101 production. This feasibility effort aims to define the path toward Exo-101 manufacturing for clinical supply.

“We are committed to developing innovative, safe, and effective therapies in areas of high unmet medical needs, and to establishing new uses for biological waste materials,” said Joana Correia, co-founder and CEO, Exogenus Therapeutics. “This collaboration with Lonza will be essential to achieve a robust, GMP-compliant process for Exo-101 manufacturing, as we progress toward clinical studies.”

”We continue to pioneer this emerging and promising field of exosomes, leading innovation to provide development and manufacturing services for our partners,” added Davide Zocco, head of exosomes development at Lonza. We look forward to collaborating with Exogenus Therapeutics to advance its lead candidate toward the clinic.”

Top 10 Life Sciences Jobs Through 2033

The overall economic outlook for 2025 may show slow-but-steady growth—”above-potential GDP growth toward 2.2%,” according to EY—but the job forecast is more optimistic for the life sciences sector, which is expected to maintain record-high employment in 2025 after achieving an all time high of more than 2.1 million workers last October.

While employment growth in the pharmaceutical and medicine manufacturing subsector has stayed sluggish, that performance has been offset by record-high employment in the Biotechnology R&D subsector, commercial real estate firm CBRE found in its February 5 “U.S. Life Sciences Outlook 2025” report.

Between January and October 2024, Biotech R&D companies added 10,700 employees, for an increase of 3.7% that has propelled the subsector to a record workforce size of 303,000. Biotechnology R&D growth has been driven by advances in cell and gene therapy development, building on breakthroughs that had already yielded a jobs boom between 2012 and 2022.

This A-List contains 10 research and clinical biotech occupation categories projected to add jobs through 2033, according to the U.S. Bureau of Labor Statistics (BLS)’s Occupational Outlook Handbook, which was mostly updated last August, though additional information about biological technicians, epidemiologists, and medical scientists was added in December.

The occupation categories are ranked in order of the number of additional jobs that are expected to be created between 2023 and 2033.

Each occupational category is listed with BLS-calculated metrics that include the number of jobs in 2023, the percentage increase between 2023 and 2033, and the median pay per year in 2023. Accompanying these metrics is a BLS occupational description.

This year, as with GEN’s A-Lists of top biopharma jobs in demand published in 2024 as well as our 2023 A-List, the greatest number of projected jobs over the coming decade were for clinical laboratory technologists and technicians (also called medical laboratory scientists), i.e., professionals who collect samples and perform tests to analyze body fluids, tissue, and other substances.

Eight of the top 10 occupations highlighted in this A-List showed year-over-year increases in job openings projected over the next decade as compared with last year’s A-List—a clear improvement from last year, when 7 of the 10 occupations showed year-over-year declines in job openings. That appears to reflect  increased hiring plans by life-sci employers across industry and academia despite ongoing concerns over the broader economy.

The largest drop in the employment change projected for 2023–2033 is among epidemiologists, whose projected number of jobs a decade from now was calculated by BLS at 2,100, down 22% from 2,700 last year. While no explanation was offered, one possible reason may be a reduced research emphasis on COVID-19 and future pandemics. Fortunately, epidemiology is the only occupation showing a projected one-year decrease. Genetic counselors showed the same number of projected jobs this year as last (600), and all other occupations showed increases ranging from 8% (clinical lab technologists) to 68% (chemical technicians).

1. linical Laboratory Technologists (Medical Laboratory Scientists) and Technicians

Projected employment change, 2023–2033: 18,200 more jobs

Job openings projected each year on average, 2023–2033: 24,200

Number of jobs, 2023: 344,200

Job outlook, 2023–2033: 5% (Faster than average)

Median pay, 2023: $60,780/year

About the position: Clinical laboratory technologists (also known as medical laboratory technologists) and clinical laboratory technicians (also known as medical laboratory technicians) perform medical laboratory tests for diagnosis, treatment, and prevention.

2. Medical Scientists

Projected employment change, 2023–2033: 16,800 more jobs

Job openings projected each year on average, 2023–2033: 8,900

Number of jobs, 2023: 146,600

Job outlook, 2023–2033: 11% (Much faster than average)

Median pay, 2023: $100,890/year

About the position: Medical scientists conduct research aimed at improving overall human health. They often use clinical trials and other investigative methods to reach their findings.

3. Biological Technicians

Projected employment change, 2023–2033: 5,500 more jobs

Job openings projected each year on average, 2023–2033: 10,300

Number of jobs, 2023: 83,100

Job outlook, 2023–2033: 7% (Faster than average)

Median pay, 2023: $51,430/year

About the position: Biological technicians help biological and medical scientists conduct laboratory tests and experiments.

4. Biochemists and Biophysicists

Projected employment change, 2023–2033: 3,200 more jobs

Job openings projected each year on average, 2023–2033: 3,100

Number of jobs, 2023: 35,700

Job outlook, 2023–2033: 9% (Much faster than average)

Median pay, 2023: $107,460/year

About the position: Biochemists and biophysicists study the chemical and physical principles of living things and of biological processes, such as cell development, growth, heredity, and disease.

5. Chemical Technicians

Projected employment change, 2023–2033: 3,200 more jobs

Job openings projected each year on average, 2023–2033: 7,300

Number of jobs, 2023: 58,300

Job outlook, 2023–2033: 5% (As fast as average)

Median pay, 2023: $56,750/year

About the position: Chemical technicians use laboratory instruments and techniques to help scientists analyze the properties of materials.

6. Epidemiologists

Projected employment change, 2023–2033: 2,100 more jobs

Job openings projected each year on average, 2023–2033: 800

Number of jobs, 2023: 11,000

Job outlook, 2023–2033: 19% (Much faster than average)

Median pay, 2023: $81,390/year

About the position: Epidemiologists are public health workers who investigate patterns and causes of disease and injury.

7. Microbiologists

Projected employment change, 2023–2033: 1,600 more jobs

Job openings projected each year on average, 2023–2033: 1,900

Number of jobs, 2023: 23,200

Job outlook, 2023–2033: 7% (Faster than average)

Median pay, 2023: $85,470/year

About the position: Microbiologists study microorganisms such as bacteria, viruses, algae, fungi, and some types of parasites.

8. Bioengineers and Biomedical Engineers

Projected employment change, 2023–2033: 1,500 more jobs

Job openings projected each year on average, 2023–2033: 1,400

Number of jobs, 2023: 19,700

Job outlook, 2023–2033: 7% (Faster than average)

Median pay, 2023: $10,730/year

About the position: Bioengineers and biomedical engineers combine engineering principles with sciences to design and create equipment, devices, computer systems, and software.

9. Zoologists and Wildlife Biologists

Projected employment change, 2023–2033: 800 more jobs

Job openings projected each year on average, 2023–2033: 1,500

Number of jobs, 2023: 18,800

Job outlook, 2023–2033: 4% (As fast as average)

Median pay, 2023: $70,600/year

About the position: Zoologists and wildlife biologists study animals—those both in captivity and in the wild—and how they interact with their ecosystems.

10. Genetic Counselors

Projected employment change, 2023–2033: 600 more jobs

Job openings projected each year on average, 2023–2033: 300

Number of jobs, 2023: 3,500

Job outlook, 2023–2033: 16% (Much faster than average)

Median pay, 2023: $95,770/year

NIH to ax grants on vaccine hesitancy, mRNA vaccines

The National Institutes of Health (NIH) is abruptly terminating at least 33 research grants for projects studying why some people are hesitant to receive vaccines or evaluating strategies that could encourage vaccine uptake, Science has learned. An additional nine grants may be modified or cut back. Scientists who received these grants began to receive termination letters this evening.

A person with direct knowledge of the situation says NIH has also requested lists of projects involving messenger RNA (mRNA) vaccines, which some vaccine skeptics think are unsafe because they believe, without evidence, that the vaccines could modify DNA or cause various health issues. The agency is also seeking a list of collaborations between NIH researchers and international partners on any topic. The terminations appear to be part of the agency’s efforts to defund research that does not align with policies backed by President Donald Trump and Department of Health and Human Services Secretary Robert F. Kennedy Jr.—a noted vaccine skeptic.

Last week, on behalf of interim Director Matthew Memoli, NIH asked each of its institutes to supply a list of current and future grants involving vaccine hesitancy. This morning, officials at the institutes sent a list of grants to be terminated to program officers, along with a template letter notifying awardees their grant was being terminated as of 11 March.

The letter, which Science has seen, will inform investigators that their award “no longer effectuates agency priorities. It is the policy of NIH not to prioritize research activities that focus on gaining scientific knowledge on why individuals are hesitant to be vaccinated and/or explore ways to improve vaccine interest and commitment.”

Like letters sent last week to dozens of researchers studying transgender health, the new termination letter says researchers should not try to alter their projects to conform to the new policy because “the premise of Project Number [INSERT] is incompatible with agency priorities, and no modification of the project could align the project with agency priorities.”

Fourteen of the awards are funded by the National Institute of Allergy and Infectious Diseases and involve vaccines for diseases such as mpox, human papillomavirus, chickenpox, and COVID-19. One involves a hypothetical gonorrhea vaccine. The project appeared on the list because one of its aims “is to evaluate health care worker’s [sic] and potential patient’s attitudes towards acceptance of a gonorrhea vaccine if one is developed.”

The list also names grants from the National Institute of Child Health and Human Development, National Institute of Mental Health, and National Institute of General Medical Sciences. Many of these involve promoting vaccine uptake among racial minority groups or understanding why some parents are reluctant to accept childhood and adolescent vaccines. In several grants, which fund efforts to model disease outbreaks, “vaccine hesitancy” is just one of several variables driving a model. It’s unclear whether these grants will be terminated in their entirety or modified so they no longer consider vaccine hesitancy. Other grants, including one that studies HIV in adolescents, will not be cut in their entirety, but subprojects involving vaccine hesitancy will be terminated.

Denis Nash, an epidemiologist at the City University of New York whose grant is on the list but who has not yet received a termination letter, says it will affect his work testing vaccine messaging strategies for people with mental health disorders and studying barriers such as misinformation and disinformation. “Ceasing to support research on the uptake of safe and effective vaccines does not eliminate the underlying challenges related to low vaccine uptake—it exacerbates them,” he says.

Another $548,002 project that has been terminated is analyzing electronic health records and infant developmental screening data to study whether the COVID-19 vaccine is safe in people who are pregnant or breastfeeding. The grant’s primary investigator, perinatal epidemiologist Kristin Palmsten at the HealthPartners Institute, says she was “stunned” by the 10 March termination notice. “The grant does not study vaccine hesitancy or uptake,” Palmsten says. “I originally wrote this grant because I was breastfeeding my daughter around the time of COVID-19 vaccine rollout, and there was no available human data on the safety of COVID-19 vaccination during breastfeeding.”

Palmsten says one reason for the project was to identify potential harms that would be important for patients’ decision-making. “I know how terrible it feels to have zero safety data available,” she says.

Thomas Carpino, an epidemiology graduate student at Johns Hopkins University, learned that the $48,974 training grant supporting his Ph.D. work on mpox among men who have sex with men is being canceled. Carpino had already defended his thesis and has a postdoc position lined up, but he will need alternative funding to finish his study. The grant was “to train the next generation of public health scientists,” he says. “They’re sending a very strong message to anyone who’s interested in pursuing these research topics.”

A second memo sent to the institutes on 6 March and seen by Science said Memoli “has requested information on NIH’s investment in mRNA vaccines research” including current or planned grants and contracts. A third asked the institutes to provide “information on each current substantive collaboration between your [Institute or Center] or [Intramural Research] program and international partners (nongovernmental organizations, research institutions, governments).” Collaboration could mean sharing data, providing technical assistance or training, or participating in working groups and advisory groups. NIH institutes and programs must respond by next week.

Measles cases are still rising in Texas. Here’s what you should know about the contagious virus

Measles outbreaks in West Texas and New Mexico are now up to more than 250 cases, and two unvaccinated people have died from measles-related causes.

Measles is caused by a highly contagious virus that’s airborne and spreads easily when an infected person breathes, sneezes or coughs. It is preventable through vaccines, and has been considered eliminated from the U.S. since 2000.

Here’s what you need to know about measles in the U.S.

How many measles cases are there in Texas and New Mexico?

Texas state health officials said Tuesday there were 25 new cases of measles since the end of last week, bringing Texas’ total to 223. Twenty-nine people in Texas are hospitalized.

New Mexico health officials announced three new cases Tuesday, bringing the state’s total to 33. The outbreak has spread from Lea County, which neighbors the West Texas communities at the epicenter of the outbreak, to include one case in Eddy County.

Oklahoma’s state health department reported two probable cases of measles Tuesday, saying they are “associated” with the West Texas and New Mexico outbreaks.

school-age child died of measles in Texas last month, and New Mexico reported its first measles-related death in an adult last week.

Where else i

s measles showing up in the U.S.?

Measles cases have been reported in Alaska, California, Florida, Georgia, Kentucky, Maryland, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.

The U.S. Centers for Disease Control and Prevention defines an outbreak as three or more related cases — and there have been three clusters that qualified as outbreaks in 2025.

In the U.S., cases and outbreaks are generally traced to someone who caught the disease abroad. It can then spread, especially in communities with low vaccination rates.

Do you need an MMR booster?

The best way to avoid measles is to get the measles, mumps and rubella (MMR) vaccine. The first shot is recommended for children between 12 and 15 months old and the second between 4 and 6 years old.

People at high risk for infection who got the shots many years ago may want to consider getting a booster if they live in an area with an outbreak, said Scott Weaver with the Global Virus Network, an international coalition. Those may include family members living with someone who has measles or those especially vulnerable to respiratory diseases because of underlying medical conditions.

Adults with “presumptive evidence of immunity” generally don’t need measles shots now, the CDC said. Criteria include written documentation of adequate vaccination earlier in life, lab confirmation of past infection or being born before 1957, when most people were likely to be infected naturally.

A doctor can order a lab test called an MMR titer to check your levels of measles antibodies, but health experts don’t always recommend this route and insurance coverage can vary.

Getting another MMR shot is harmless if there are concerns about waning immunity, the CDC says.

People who have documentation of receiving a live measles vaccine in the 1960s don’t need to be revaccinated, but people who were immunized before 1968 with an ineffective measles vaccine made from “killed” virus should be revaccinated with at least one dose, the agency said. That also includes people who don’t know which type they got.

What are the symptoms of measles?

Measles first infects the respiratory tract, then spreads throughout the body, causing a high fever, runny nose, cough, red, watery eyes and a rash.

The rash generally appears three to five days after the first symptoms, beginning as flat red spots on the face and then spreading downward to the neck, trunk, arms, legs and feet. When the rash appears, the fever may spike over 104 degrees Fahrenheit, according to the CDC.

How can you treat measles?

There’s no specific treatment for measles, so doctors generally try to alleviate symptoms, prevent complications and keep patients comfortable.

Why do vaccination rates matter?

In communities with high vaccination rates — above 95% — diseases like measles have a harder time spreading through communities. This is called “herd immunity.”

But childhood vaccination rates have declined nationwide since the pandemic and more parents are claiming religious or personal conscience waivers to exempt their kids from required shots.

The U.S. saw a rise in measles cases in 2024, including an outbreak in Chicago that sickened more than 60. Five years earlier, measles cases were the worst in almost three decades in 2019.

DNA barcodes enable high throughput RNA and protein detection in deep tissue

For the Liu Lab, necessity is truly the mother of invention. The researchers were examining how the 3D organization of the genome controls development and needed to image hundreds of RNA molecules in a thick tissue sample to understand where and how genes were being expressed in cells. There was just one problem: There weren’t any tools that were up to the task.

One technique could image lots of RNA molecules, but only in a thin layer of cells. Another method could image in deep tissue but could only detect three or four molecules in a single sample.

So, the team at HHMI’s Janelia Research Campus decided to build their own tool. The result is an innovative new technique that uses a novel DNA barcode system to track hundreds of RNA and protein molecules in single cells within thick biological samples, providing researchers with a full picture of how these structures are organized inside tissues. The research is published in the journal Science.

RNA molecules carry instructions from DNA for making proteins that carry out much of the work of living cells. Knowing where these molecules are located in complex tissues is a critical part of understanding where and how genes are being expressed across different regions and cell types. This information enables researchers to decipher how genes function in different parts of an organism, how they enable development, and how they might be altered in diseases.

Beyond its use in biology and neuroscience, the new method could also potentially be used in diagnostic imaging, according to the researchers.

“I think it will be a gamechanger very broadly, not just for people in my field,” says Janelia Group Leader James Liu. “It was a tool developed to answer a very obscure question, but I think all biologists can use the technique in their favorite samples.”

Depth and throughput

The new imaging tool, called cycleHCR, builds on a previously developed technique called Hybridization Chain Reaction, or HCR. The technique assembles multiple fluorophores on a target that shine like a bright beacon when imaged by a fluorescence microscope, enabling researchers to see molecules in single cells deep inside tissues.

But HCR is limited by current fluorophores, which, because of the wide spectrum they cover, only allow three or four colors to be used at one time. This means researchers can only detect a handful of molecules in a sample, making it difficult to get a full picture of how they are organized within tissues.

To overcome this, the team designed novel DNA barcodes that they could attach to the targets. Just like barcodes on products in a supermarket, which designate every individual type of item in the store, the unique DNA barcodes allow the researchers to tag each type of molecule in the sample.

Each barcode contains two parts. When the two pieces match, the target is amplified by the HCR technique. The two parts of the barcode ensure the tags are specific enough to detect individual types of RNA molecules.

The barcodes were also designed to be easily removed, so multiple rounds of HCR can be performed on the same sample. The initial round of imaging uses three barcodes, picking up three RNA molecules in three different colors. These barcodes are removed, and a second round of imaging uses three different barcodes and so on for multiple rounds, eventually allowing the discovery of an unlimited number of targets in a single sample.

“We modified the split amplification chain reaction technique in a way that now we are adding barcoding to it where we can detect hundreds, potentially even thousands of RNAs, with these multi rounds,” says Valentina Gandin, a Senior Scientist in the Liu Lab who co-led the research. “The barcoding was a novelty that we added to this.”

In addition to detecting RNA, the researchers developed a way to use the same barcodes to detect proteins, allowing researchers to better understand how both RNA and proteins are organized in tissues.

The team also automated the system, enabling the researchers to detect up to a dozen molecular species in a single day without having to constantly monitor the process. Additionally, Postdoctoral Scientist Jun Kim, a co-first author of the new study, developed analysis methods that map where genes are expressed spatially and help researchers make sense of the raw data. The Liu Lab also worked with the Scientific Computing Software support team at Janelia and developed an automated pipeline for processing the large amount of imaging data generated.

The researchers worked with other labs at Janelia to use the new method to quantify gene expression in mouse embryos, quantifying 254 genes in a single sample. This enabled the researchers to characterize all the cell types in the embryo and discover new cell types that had not been previously characterized, information that is important for understanding development.

The new technique has already generated attention in the scientific community, and the team is working to enable more labs to use the new tool. They shared all of the barcode sequences so other labs can design their own probes, even if they don’t have an automated system. The team is also building a more streamlined version of their prototype system and plan to share their automated platform with the scientific community.

“Eventually we want everybody to use it,” Liu says. “We would really like our technique to be broadly spread to enable every scientist to be able to use it.”

Engineered cell cultures boost anti-inflammatory compounds in endangered snow lotus

Researchers from the Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT) of the Chinese Academy of Sciences (CAS) have developed a novel method to enhance the production of valuable medicinal compounds in the endangered snow lotus (Saussurea involucrata). Their study is published in the Plant Biotechnology Journal.

The researchers achieved a 15-fold increase in syringin, a bioactive compound with potent anti-inflammatory properties, by genetically engineering suspension cell cultures. This advancement holds promise for scalable applications in pharmaceuticals and functional foods.

The snow lotus, native to China’s Tianshan Mountains, has long been prized in traditional medicine for its ability to treat conditions such as rheumatoid arthritis and high-altitude sickness. However, its slow growth and vulnerability to environmental stressors have pushed the species to the brink of extinction. To address this, the researchers turned to suspension cell cultures, which can be rapidly scaled in bioreactors, bypassing the challenges of traditional cultivation.

Using methyl jasmonate (MeJA) to stimulate syringin synthesis, the researchers conducted transcriptomic analysis and identified two key glycosyltransferase genes, SiUGT72BZ2 and SiUGT72CY1. Overexpression of SiUGT72BZ2 in suspension cell cultures resulted in syringin levels 15.2 times higher than those in control groups, alongside a significant increase in coniferin, another anti-inflammatory compound. In contrast, overexpression of SiUGT72CY1 yielded only a 5.9-fold increase in syringin.

When tested on lipopolysaccharide (LPS)-induced inflammatory cells, extracts from SiUGT72BZ2-enhanced cultures demonstrated a 10.6% greater suppression of interleukin-6 (IL-6) production compared to controls at lower doses. “The synergistic effects of syringin and coniferin likely contribute to this enhanced anti-inflammatory activity,” explained co-author Dr. Wu Zhenying.

“This system decouples compound production from environmental constraints, making it a viable solution for large-scale production,” said Ph.D. candidate Xu Yue, a co-first author of the study.

By leveraging genetic engineering and suspension cell culture technology, the researchers have opened new avenues for conserving the endangered snow lotus while meeting the growing demand for its medicinal compounds. This study underscores the potential of biotechnology to address both conservation and industrial challenges in producing plant-based therapeutics.

BMS to Acquire Abecma Partner 2seventy bio for $286M

Bristol Myers Squibb (BMS) plans to buy out its partner in developing the blockbuster multiple myeloma drug Abecma® (idecabtagene vicleucel), by agreeing to acquire 2seventy bio for approximately $286 million, the companies said.

The deal, announced late Monday, caps a turbulent three years for 2seventy bio. The company served as the oncology business of Bluebird Bio until Bluebird spun out 2seventy in 2021. Bluebird’s longtime CEO or “chief Bluebird” Nick Leschly served as 2seventy’s first CEO or “chief kairos officer” until he stepped down last year when current CEO Chip Baird’s appointment took effect, with Leschly becoming chairman.

The turnover at the top followed 2seventy’s inability to reverse net losses that reached $217.57 million in 2023, on revenue of just $100.387 million. 2seventy responded in September 2023 with a restructuring that eliminated 40% of its workforce, followed by an additional 14% workforce reduction (about 30 jobs) in January 2024 after the company narrowed its focus exclusively to commercialization and further development of Abecma with BMS.

Abecma is a B-cell maturation antigen (BCMA)-directed genetically modified autologous T cell immunotherapy that first won FDA approval in 2021 as the first FDA-approved chimeric antigen receptor T cell (CAR T) cell therapy indicated for relapsed or refractory multiple myeloma following four or more lines of therapy. Following a label expansion last year, Abecma is now indicated to treat adults with relapsed or refractory multiple myeloma after two or more prior lines of therapy including an immunomodulatory agent, a proteasome inhibitor, and an anti-CD38 monoclonal antibody.

The companies oversee a clinical development program for Abecma that includes two ongoing clinical studies in earlier lines of treatment for patients with multiple myeloma, KarMMa-2 (NCT03601078) and KarMMa-3 (NCT03651128).

Reduced red ink

2seventy’s narrowing of focus, plus job cuts, helped reduce the company’s red ink for the first nine months of 2024 to a net loss of $37.727 million, compared with a $160.748 million net loss for January–September 2023.

Abecma generated U.S. revenue of $242 million in 2024, within 2seventy’s earlier-issued guidance to investors of between $240 million and $250 million. U.S. commercial revenue is split between 2seventy and BMS, which said U.S. revenue fell 32% from 2023.

“A year ago, 2seventy decided to exclusively focus on unlocking the value of Abecma, with the goal of delivering more time for people living with multiple myeloma and maximizing value for all stakeholders,” Baird said in a statement. “We believe that Abecma will continue to benefit from BMS’ experience and resources to ensure this important therapy is delivered to patients who need it.”

Leerink Partners analyst Daina M. Graybosch, PhD, expressed more caution on the BMS-2seventy combination.

“BMY’s acquisition of 2seventy bio (TSVT) shows modest confidence in the near-term profit potential of the companies’ shared autologous BCMA CAR-T Abecma (ide-cel),” Graybosch wrote in a research note. “By our estimates, BMY could realize a return in as little as two years, based on saved profit-sharing expenses payable to 2seventy (as part of their prior partnership agreement).

While the deal value of $286 million is 41% below Leerink’s prior discounted cash flow valuation of $487 million for 2seventy, “we do not expect that an alternative acquirer will emerge, and expect that the transaction with BMY will close,” Graybosch predicted. “2seventy has been successful since their 2023 reorganization in optimizing their business for strategic optionality, but their focus has been on trimming the cost base.”

BMS will need to consider a competitive challenge for Abecma, the Leerink analyst cautioned, citing the expected 2026 launch of “anito-cel” by Kite, a Gilead company, and Arcellx.

“Thus far, anito-cel has an efficacy profile in line with market leader Carvykti, and movement neurotoxicity (MNT) safety profile in line with Abecma—threatening Abecma’s niche as the option for patients who want to avoid the risk of MNTs like Parkinsonism,” Graybosch added. She downgraded the firm’s rating on 2seventy from “Outperform” to “Market Perform” and lowered its 12-month price target from $9 to $5 a share.

Bluebird Bio last month entered into a definitive agreement to be acquired by funds managed by publicly-traded Carlyle and privately-held SK Capital Partners, partnering with a team of veteran biotech executives led by former Mirati Therapeutics CEO David Meek.

Shrinking workforce

2seventy’s workforce shrunk from 437 full-time employees as of March 1, 2022, about a year after the spinout was completed, to 425 full-time employees as of February 1, 2023, to 274 employees the same day a year later, according to Form 10-K annual reports filed with the U.S. Securities and Exchange Commission.

In addition, 2seventy shed 160 jobs last year when it sold its cell therapy pipeline and operations to Regeneron Pharmaceuticals for at least $15 million, including its bbT369 program in b-cell non-Hodgkin lymphoma (b-NHL), its SC-DARIC33 program in acute myeloid leukemia (AML), MUC16 in ovarian cancer, a T-cell receptor (TCR) program targeting MAGE-A4 in cancers, and several unnamed targets. Regeneron transformed the assets into a new Regeneron Cell Medicines business led by 2seventy’s former CSO Philip Gregory.

In December, Regeneron paid a $1 million milestone payment to Medigene, whose end-to-end platform generated the TCRs applied in Regeneron’s MAGE-A4-TCR program. The payment followed an unspecified development milestone for the program occurring in a clinical trial in China led by JW Therapeutics, a prior collaborator of 2seventy bio—the first clinical use of the platform, Medigene stated at the time.

At $5 per share, the acquisition deal represents an 88% premium to 2seventy’s closing stock price of $2.66 on Friday. While the deal has a total equity value of approximately $286 million, the net value shrinks to $102 million after accounting for 2seventy’s approximately $184 million of cash, cash equivalents, and marketable securities as of December 31, 2024, disclosed last month.

BMS said it will begin a tender offer to acquire all outstanding shares of 2seventy bio in an all-cash transaction unanimously recommended by 2seventy’s board. The companies said stockholders owning approximately 5.3% of 2seventy’s outstanding shares have agreed to tender all of their owned shares in the offer.

The acquisition is expected to close in the second quarter subject to customary closing conditions, including the tender of most of the outstanding shares of 2seventy’s common stock and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

Upon successful closing of the tender offer, BMS said it will acquire all remaining shares of 2seventy’s common stock that are not tendered in the tender offer through a second-step merger at the same $5 per share as the tender offer. 2seventy’s common stock will no longer be listed for trading on Nasdaq.

2seventy investors roared their approval of the deal by sending the company’s shares rocketing 77% from $2.80 to $4.95 Tuesday. BMS shares dipped 2.5%, from $63.11 to $61.51.

“The strategic rationale for this acquisition is clear and today’s announcement represents the culmination of the journey for 2seventy bio,” Baird added.a

siRNAs May Provide New Approach to Fight Antibiotic-Resistant Bacterial Infections

Given the growing antibiotic resistance crisis, novel ways to target bacterial infections are becoming increasingly important. One potential strategy is to manipulate bacterial genes at the transcriptional level by silencing their resistance genes. However, siRNAs have not been applied to regulate bacterial genes due to the lack of RNAi regulatory machinery, i.e., RNA-induced silencing complexes (RISCs), in bacteria. In addition, efficient methods for delivering siRNAs to bacteria in vivo are not currently available.

In a new study, researchers demonstrate that exosomes can serve as delivery vehicles to introduce AGO2-loaded siRNA into the cytoplasm of bacteria which downregulate gene expression of the mRNA that shares sequence complementarity to the siRNA.

This work is published in Cell Reports Medicine in the paper, “siRNA-AGO2 complex inhibits bacterial gene translation: a promising therapeutic strategy for superbug infection.”

Despite the fact that the siRNA machinery is absent in prokaryotes, this study demonstrates that exosomal siRNAs can be efficiently delivered into bacteria and silence target bacterial genes. The exosomal Argonaute 2 (AGO2) protein forms a complex with siRNAs, which is essential for siRNA-mediated gene silencing in bacteria. Even though the delivered siRNA was designed to possess full sequence complementarity to the bacterial mRNA, downregulation of the target protein was achieved at the translational level rather than on the level of mRNA stability (as would be expected in mammalian systems).

Exosomal siMecA (an siRNA designed to target the mecA gene) can downregulate the mecA gene which encodes the penicillin-binding protein 2a (PBP2a), a protein at the heart of the drug-resistance phenotype in MRSA. Both in vitro and in vivo (using MRSA-infected mice) data demonstrated that by reducing PBP2a levels by exosome-delivered siRNA-AGO2 complex, MRSA can be converted into methicillin-sensitive bacteria.

To induce exosome production in vivo, the authors demonstrated that by intravenous injection of a plasmid encoding all relevant genes for the production of a particular siRNA into mice, the mouse liver was producing siRNA-AGO2 loaded exosomes (siMecA-Exos) efficiently targeting MRSA. These findings have potential clinical relevance since it might be possible to use this approach to also target multi-drug resistant bacterial infections in the human system.

Exosome-mediated small RNA-AGO2 transport and bacterial gene silencing is a potential pathway by which mammalian cells regulate interacting bacteria in vivo. This is demonstrated in the treatment of MRSA infection by mouse liver-produced siMecA-Exos. In addition, exosome-mediated RNAi may function with imperfectly matched sequences, so exosomal miRNAs, which have multiple bacterial targets with imperfect base pairing, may regulate bacterial genes in the same way as exosomal siRNAs. It is intriguing to consider the possibility that mammalian hosts employ exosomes to transport molecules with biological functions to the mammalian microbiome for interspecies communication and regulation under physiological conditions.

 

New educational campaign hopes to clarify role of pharmacy benefit managers in health care

Pharmacy benefits managers, or PBMs, are meant to lower drug prices by acting as a middleman between drug manufacturers and either insurance companies or employers who sponsor health plans. Advocates said employers and consumers often don’t understand what PBMs are and how they work.

Prescription Benefits Matter is a new educational campaign looking to change that.

Joey Fox has testified on behalf of the Association of Health Plans and the Pharmaceutical Care Management Association. He also directs the campaign, which he said is designed for people to better understand the role PBMs play in the price they pay at the pharmacy counter.

“It’s a part of the health care system that consumers don’t necessarily interact with on a personal level every day,” Fox said. “We want them to know that we are involved. And we are advocating for them and want them to have a better understanding of the value that they’re getting.”

By taking over that role in the negotiating process, Fox said PBMs can provide expertise to employers who cover their employee’s health insurance.

“If you are an employer in Indiana and you decide that you want to cover prescription drugs for your employees, you don’t have the expertise to call every single drug company, all the pharmacies to figure out which drugs to cover, which ones to maybe not, how much to pay for them, how much to reimburse a pharmacy,” Fox said. “The expertise within these organizations are what they’re offering to employers and to consumers to health plans.”

In addition to negotiating for drug prices, PBMs also play a role in how pharmacies actually run.

“They also are the technological backbone of the transactions that happen when you go to the pharmacy counter and pick up your drugs,” Fox said. “All that technology in the background is supplied through a pharmacy benefit manager.”

Fox said PBMs are also behind concepts like getting prescriptions delivered through the mail.

He said there are a lot of things about PBMs that people don’t understand that this campaign is hoping to answer.

“When you sign up at your at your job for health benefits, you just know, ‘OK, I’ve got I’ve got health care coverage and I know they cover prescription drugs.’ But you don’t necessarily know what that entity that’s there has been doing on your behalf or what value they add,” Fox said.

Ultimately, Fox said the main function of PBMs is to negotiate for lower drug prices for consumers.

However, some Indiana lawmakers have questioned whether PBMs are effective at achieving lower prices. In fact, lawmaker skepticism led to some of the most “aggressive” reforms being approved by the Senate earlier this legislative session.

Senate Bill 140 implements a variety of reforms meant to address concerns about what’s known as vertical integration. Vertical integration refers to when one company owns multiple parts of a certain supply chain, such as a company owning all or part of a PBM, a pharmacy and a drug manufacturer.

Under the bill, PBMs would be prohibited from working with an insurance company that has ownership interest in the PBM. And PBMs would not be allowed to have an ownership interest in a pharmacy.

Fox said Prescription Benefits Matter is targeting consumers and employers — not members of the General Assembly.

“This is really about getting to Hoosier consumers and Hoosier employers so that they understand that the prescription benefit manager is in the room advocating for them,” Fox said. “Then, they can take actions that they might deem appropriate to ensure that those benefits are protected.”

That campaign will focus on connecting people to information that Fox said already shows Hoosiers are saving about $1,000 per year because of PBMs.

“We’ve launched PrescriptionBenefitsMatter.org and an affiliated blog with kind of PBM fast facts,” Fox said. “These are ways for consumers to learn what those PBMs are doing for them on a day-to-day basis and the value that they provide.”

Fox said the campaign will include digital, print and radio advertising aimed at helping people understand that having a PBM involved in the health care system saves people money.

How AI is leading to more prior authorization denials

Health insurers’ use of AI is bringing a new level of concern to the burdensome payer cost-control practice known as prior authorization. In a recently released AMA survey (PDF), 61% of physicians said they fear that payers’ use of unregulated AI is increasing prior authorization denials, a practice that will override good medical judgment and exacerbate patient harm.

“Emerging evidence shows that insurers use automated decision-making systems to create systematic batch denials with little or no human review, placing barriers between patients and necessary medical care,” said AMA President Bruce A. Scott, MD, reacting to the survey results.

Physicians should be able to make medical decisions with their patients without interference from unregulated and unsupervised AI technology, said Dr. Scott. The AMA is fighting by challenging insurance companies to eliminate care delays, patient harms and practice hassles.

Health plans use prior authorization to control costs, requiring advance approval to obtain a prescription medication or medical service for a patient. Physicians and patients alike view this as a burdensome practice that affects care delivery, clinical outcomes and productivity in physician offices. Spending rises under this practice due to additional office visits, unanticipated hospital stays, and out-of-pocket costs for treatment.

In this most recent nationwide survey of 1,000 practicing physicians—400 working in primary care, the remainder in other physician specialties—82% reported that prior authorization sometimes leads to patients abandoning treatment. Over 90% said prior authorization delays care.

AI tools have been accused of producing high rates of care denial, in some cases 16 times higher than is typical, according to figures from a 2024 Senate committee report cited in the AMA’s news release.

“Using AI-enabled tools to automatically deny more and more needed care is not the reform of prior authorization physicians and patients are calling for,” said Dr. Scott.

Other AMA surveys underscore physician concerns about some misuses of health care AI. Results released early in February (PDF) found that 49% of physicians ranked oversight of payers’ use of AI in medical necessity determinations among the top three priorities for regulatory action. To address these concerns, the AMA House of Delegates recently adopted policy supporting advocacy to help ensure that technology is an asset to physicians and not a burden. Based on this policy, the AMA has developed advocacy principles (PDF) that address the development, deployment and use of health care AI, with particular emphasis on:

  • Health care AI oversight.
  • When and what to disclose to advance AI transparency.
  • Generative AI policies and governance.
  • Physician liability for use of AI-enabled technologies.
  • AI data privacy and cybersecurity.
  • Payer use of AI and automated decision-making systems.

 

AI concerns notwithstanding, physicians continue to report that prior authorization impedes delivery of necessary medical treatments, jeopardizes quality care and harms patients. More than nine in 10 physicians—94%—reported that prior authorization had a negative impact on clinical outcomes.

Eighty percent of doctors surveyed said that prior authorization sometimesleads patients to pay out-of-pocket for a medication, and 31% said payers are rarely or never using evidence-based criteria to make coverage decisions.

More distressingly, 29% of physicians reported that prior authorization led to a serious adverse event for a patient in their care.

More specifically, these shares of physicians said that prior authorization led to:

  • A patient’s hospitalization—23%.
  • A life-threatening event, or one that required intervention to prevent permanent damage—18%.
  • A patient’s disability, permanent bodily damage, congenital anomaly, birth defect or death—8%.

Physicians also feel the administrative burden of prior authorization, which reduces their time with patients and negatively affects their practices. On average, physicians and their staff spend 13 hours a week completing the prior authorization workload for a single physician. Forty percent of physicians employ staff whose primary job is to work on this task.

These shares of physician respondents also revealed that prior authorization:

  • Somewhat or significantly increases physician burnout—89%.
  • Has increased somewhat or significantly over the last five years—75%.
  • Is often or always denied—31%.

In cases of adverse payer decisions on prior authorization requests, 20% of physicians will always appeal. Physicians report various reasons for not appealing health-plan denials, with 67% reported doubts about an appeal’s success based on their past experiences. Over half said patient care could not wait for the health plan’s approval process, and 55% said they had insufficient resources to file an appeal.

The survey also revealed that prior authorization adds significant costs to the U.S. health system, forcing patients to try ineffective treatments and schedule additional office visits.

A strong majority of physicians—88%—reported that prior authorization leads to higher overall utilization of health care resources. These shares of physicians reported that prior authorization increases utilization in the following ways:

  • Led to ineffective initial treatment—77%.
  • Additional office visits—73%.
  • Immediate care or emergency department visits—47%.
  • Hospitalizations—33%.

Prior authorization can also affect productivity in the workplace, if employees are missing work due to delays in care leading to prolonged illness or attending rescheduled appointments. Nearly 60% of physicians with patients in the workforce said prior authorization has affected work performance among their patients.

Back in 2018, the AMA joined the American Hospital Association, American Pharmacists Association, Medical Group Management Association, America’s Health Insurance Plans, and Blue Cross Blue Shield Association in releasing a consensus statement (PDF) on how to improve prior authorization.

Seven years later, surveyed physicians reported that health plans have made little progress honoring their commitments as outlined in that document. Major payers such as UnitedHealthcare and Cigna pledged to reduce services requiring prior authorization in 2023. But just 16% of physicians who work with UnitedHealthcare and Cigna, respectively, reported that the changes led to a reduction in prior authorization requirements.

There has been some momentum to fix prior authorization at the state and federal levels. States enacted 13 prior authorization reform bills last year to cut the volume of prior authorization requirements, reduce patient care delays, improve transparency surrounding prior authorization rules and increase prior authorization data reporting.

At the federal level, the Centers for Medicare & Medicaid Services last year issued a final rule that included prior authorization reforms designed to cut patient-care delays and electronically streamline the process for physicians.

However, the continuing resolution that Congress passed in late 2024 to keep the federal government operating into 2025 failed to include prior authorization reform in the final package—a reform with vast bipartisan support in both chambers. The AMA and others are calling for five critical reforms, including speeding up response times and maintaining continuity of care.

Patients, doctors and employers can learn more about reform efforts and share their personal experiences with prior authorization at FixPriorAuth.org.

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