 
Pliant Therapeutics, Inc.
NEWS
        
        
        
    
        Following challenges with its drug candidate bexotegrast and announcement of a limited-duration stockholder rights program, Pliant is paring back its workforce.
    
        
    
        
    
        
    
        Pliant follows in the footsteps of Acelyrin, which also enacted a stockholder rights program on Thursday to protect shareholders against Tang Capital’s growing stake in the company.
    
        
    
        
    
        
    
        Novartis recently announced it is returning a Phase II-ready nonalcoholic steatohepatitis asset to Pliant. The program stemmed from a 2019 collaboration. 
    
        
    
        
    
        
    
        After reporting promising interim findings from the Phase IIa INTEGRIS-IPF trial, Pliant Therapeutics commenced a public stock offering of $175 million.
    
        
    
        
    
        
    
        FDA Weekly Review looks at the FDA’s actions related to drug approvals, IND approvals, designations and more. Here’s a look at what happened this week.
    
        
    
        
    
        
    
        Annexon and Pliant Therapeutics both made efforts to secure additional financing to support their R&D endeavors.
    
        
    
        
    
        
    
        Biopharma and life sciences companies strengthen their leadership teams and boards with these Movers & Shakers. 
    
        
    
        
    
        
    
        The agreement revolves around the development and commercialization of Pliant’s preclinical candidate, PLN-1474, and up to three more integrin targets for liver fibrosis associated with nonalcoholic steatohepatitis.
    
        
    
        
    
        
    
        Biopharma companies begin 2019 with a flurry of hiring to fill executive leadership spots, including Dermavant, UroGen, Melinta, Translate Bio, and more. 
    
        
    
        
    
        
    JOBS
        
        
        
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