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Glaxo. Smith. Kline’s long- standing president of R& D, Patrick Vallance, is said to be standing down. It’s a depressingly familiar story in Alzheimer’s R& D: a lot of hype, sprinkles of hope, but then dashed when data day comes around. Cord blood, approved for the treatment of some blood disorders, could lead to a new treatment for cerebral palsy. Following poor results from Roche and Astra.

Zeneca, Sanofi says it is canning a phase 2 trial in idiopathic pulmonary fibrosis. The data show an uptick in the proportion of patients able to sit unassisted and talk, fueling Ave. Xis’ hopes of challenging Biogen’s Spinraza. The goal is to use Dicerna’s Gal. XC technology to silence previously inaccessible drug targets, thereby restoring liver function.

New York venture firm Aisling Capital has raised a solid chunk of cash for clinical- stage biotechs as it looks to build on some of its recent successes. Natera is teaming up with two English universities to study the detection of breast cancer recurrence using ct.

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