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Hearing offers little 'HELP' in reining in U.S. drug prices

Oct. 18, 2017
By Mari Serebrov
Another congressional hearing on drug prices yielded a familiar clanking about importation, direct Medicare negotiation and transparency, transparency, transparency.
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EMA casts a cold eye on Brexit disruption

Oct. 18, 2017
By Cormac Sheridan
DUBLIN – The EMA aims, as best it can, to maintain a business-as-usual stance in the run-up to Brexit and the agency's associated departure from London. But its "Brexit Preparedness Business Continuity Plan," which it published late on Monday, sets out in stark terms the extent to which it may be forced to depart from that agenda given the massive disruption to its day-to-day operations brought on by the U.K.'s decision to exit the European Union.
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Immune Design gets FDA blessing, goes pivotal with CMB-305 in synovial sarcoma

Oct. 18, 2017
By Marie Powers
Immune Design Corp. said the FDA blessed its plans to initiate a pivotal phase III of CMB-305, its prime-boost vaccine approach against NY-ESO-1-expressing tumors, in individuals with locally advanced unresectable or metastatic synovial sarcoma, a subtype of soft tissue sarcoma.
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Bispecifics developers bent on pushing ahead, despite challenges

Oct. 18, 2017
By Michael Fitzhugh
SAN FRANCISCO – Bispecific antibodies, expected as a class to carve out a multibillion-dollar niche in the decade ahead, continue to face multiple challenges between now and then. However, with significant clinical investment, the approach is gaining momentum, company executives said at the BIO Investor Forum in San Francisco on Monday.
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Australia beefs up biovigilance rules for biologics sponsors

Oct. 18, 2017
By Tamra Sami
PERTH, Australia – Australia's Therapeutic Goods Administration (TGA) received mixed comments from industry on two related draft guidances for reporting adverse events for biologics and for adopting an EU guideline on good pharmacovigilance practices.
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China's Generon receives U.S. FDA SPA for pivotal trial of G-CSF candidate

Oct. 18, 2017
By David Ho
HONG KONG – Generon Corp. (Shanghai) Ltd. has reached an agreement with the FDA under a special protocol assessment (SPA) regarding the second pivotal global phase III study design of its chemotherapy-induced neutropenia (CIN) treatment.
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Financings

Oct. 18, 2017
Syndax Pharmaceuticals Inc., of Waltham, Mass., said it agreed to sell about 2 million shares of common stock to Biotechnology Value Fund LP and certain of its affiliates in a registered direct offering for gross proceeds of about $25 million based on the offering price of $12.37 per share, representing the closing price of the company's shares on Oct. 13.
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Other news to note

Oct. 18, 2017
Amgen Inc., of Thousand Oaks, Calif., and Boston Children's Hospital entered a neuroscience research collaboration to identify pain targets based on human genetic analyses.
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In the clinic

Oct. 18, 2017
Xenon Pharmaceuticals Inc., of Burnaby, British Columbia, said it started a phase I trial of epilepsy candidate XEN-1101, an orally administered Kv7 potassium channel opener that has the potential to treat both adult as well as rare pediatric genetic forms of epilepsy.
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Hemoshear drug hunting prowess 'REVEALed' in potential $470M+ Takeda liver disease deal

Oct. 18, 2017
By Marie Powers
Privately held Hemoshear Therapeutics LLC signaled its intention to compete both with small peers and big biopharma in the race to develop therapies for liver diseases, especially nonalcoholic steatohepatitis (NASH), by luring Takeda Pharmaceutical Co. Ltd. to a funded three-year discovery and development pact.
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