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BioWorld - Friday, December 19, 2025
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Fosgo death blow? Athira theory intact post-phase II/III AD bust

Sep. 4, 2024
By Randy Osborne
Athira CEO Mark Litton said the firm is “evaluating all the options” after disclosing top-line results from its phase II/III Lift-AD clinical trial of fosgonimeton (fosgo), a hepatocyte growth factor-positive modulator, in patients with mild to moderate Alzheimer’s disease (AD). Javier San Martin, chief medical officer, said the company will schedule “a conversation at the right time” with the U.S. FDA.
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3D illustration of RNA

Haya, Lilly target metabolic disorders with $1B lncRNA pact

Sep. 4, 2024
By Nuala Moran
The dark matter of long non-coding RNA (lncRNA) is shades brighter, after the signing of two major deals between biotech pioneers and big pharma in the past week. Haya Therapeutics SA announced Sept. 4 that it has sealed a multiyear agreement with Eli Lilly and Co. to apply its lncRNA platform technology to identify targets in obesity and related metabolic disorders.
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CMR Surgical Versius system

CMR Surgical looks to transform the surgical robotics market

Sep. 4, 2024
By Shani Alexander
CMR Surgical Ltd. recently submitted its application to the U.S. FDA for approval for its Versius surgical system as it seeks to get more surgeons using the small, portable, robotic tool in laparoscopic procedures.
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Man sleeping with CPAP machine

Philips, Soclean entangled in dueling lawsuits over CPAP cleaners

Sep. 4, 2024
By Mark McCarty
Litigation between companies in the med-tech space often revolves around patents, but the ongoing series of lawsuits between Philips Respironics Inc. and Soclean Inc. are directed toward the interaction between CPAP machines and CPAP cleaning systems.
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FDA approval seal on blue glittering background

FDA still playing catch-up on de novo device classifications

Sep. 4, 2024
By Mark McCarty
The U.S. FDA is accused of dragging its feet on making public the devices for which it granted market access under the de novo program, and the agency recently been scrambling to bring these decision summaries to light.
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Navigator raises $100M in series A for autoimmune drug

Sep. 3, 2024
By Marian (YoonJee) Chu
Navigator Medicines Inc. is charting a course through the autoimmune disease drug landscape, having raised $100 million in a series A funding round to advance an OX40 ligand (OX40L)-targeted portfolio licensed from South Korea’s Imbiologics Corp.
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Navigator raises $100M in series A for autoimmune drug

Sep. 3, 2024
By Marian (YoonJee) Chu
Navigator Medicines Inc. is charting a course through the autoimmune disease drug landscape, having raised $100 million in a series A funding round to advance an OX40 ligand (OX40L)-targeted portfolio licensed from South Korea’s Imbiologics Corp.
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OPA! Street celebrates Vaxcyte phase I/II pneumococcal vax win

Sep. 3, 2024
By Randy Osborne
Phase I/II results described by one analyst as “stunning” put Vaxcyte Inc. in position for a phase III trial with VAX-31, the firm’s 31-valent pneumococcal conjugate vaccine candidate designed to prevent invasive disease. San Carlos, Calif.-based Vaxcyte’s shares (NASDAQ:PCVX) closed Sept. 3 at $110.15, up $29.39, or 36.4%, on positive top-line results from the study testing the safety, tolerability and immunogenicity of the product in 1,015 healthy adults ages 50 and older.
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Dyne data deliver on dystrophin; stock stalls on side effects

Sep. 3, 2024
By Karen Carey
While Dyne Therapeutics Inc.’s DYNE-251 demonstrated high levels of dystrophin expression and functional improvement in boys with Duchenne muscular dystrophy who are amenable to exon 51 skipping, investors focused on three serious adverse events related to the drug, driving shares (NASDAQ:DYNE) down by 31% on Sept. 3.
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Pancreas illustration

Arrowhead chases Ionis in rare, genetic disease race

Sep. 3, 2024
By Lee Landenberger
With a successful phase III study of plozasiran in hand, Arrowhead Pharmaceuticals Inc. plans to file an NDA with the U.S. FDA for treating the rare genetic disease familial chylomicronemia syndrome. While the data are strong, the company is playing catch-up to Ionis Pharmaceuticals Inc., which has a December 2024 PDUFA for its candidate, olezarsen, in the same indication.
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