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Australian coins and bills

Cartherics' AU$15M series B advances CTH-401 for ovarian cancer

Oct. 2, 2024
By Tamra Sami
Immunotherapy company Cartherics Pty Ltd. raised AU$15 million (US$10.3 million) in an oversubscribed series B round that will support the first clinical trial for lead chimeric antigen receptor natural killer therapy CTH-401 for ovarian cancer, and to expand its pipeline to include other diseases.
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Neurobo stock falls on phase I obesity data for DA-1726

Oct. 2, 2024
By Marian (YoonJee) Chu
Neurobo Pharmaceuticals Inc., of Cambridge, Mass., reported top-line phase Ia study results of its obesity drug candidate, DA-1726, Sept. 30, causing the company’s shares to lose 11.7% of their value over two days.
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Other news to note for Oct. 2, 2024

Oct. 2, 2024
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alphazyme, Amneal, Aytu, Biomarin, Bionomics, Briya, Camp4, Codexis, Combiphar, Curon, Curium, D-Wave, IGM, Japan Tobacco, Leadermed, Lupin, Maravai, Merck & Co., Metsera, Mochida, Moderna, Nestlé, Neuphoria, Nxera, Peptidream, Pdradiopharma, Shionogi, Seres, Spima.
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In the clinic for Oct. 2, 2024

Oct. 2, 2024
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Eirion, Gritstone, Hamlet, Incarda, Jaguar, Kiromic, Kura, Myrtelle, Plus, Remedy, Repare.
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Financings for Oct. 2, 2024

Oct. 2, 2024
Biopharmas raising money in public or private financings, including: Biohaven, Evoke, In8bio, Sanofi, Vicore, Wave Life.
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Appointments and advancements for Oct. 2, 2024

Oct. 2, 2024
New hires and promotions in the biopharma industry, including: Curve, Moderna, Norgine, Oculis, Odyssey, Pliant, Progentos, Tagworks.
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Regulatory actions for Oct. 2, 2024

Oct. 2, 2024
Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Astrazeneca, Bpgbio, Clinuvel, Daiichi, Formycon, Fresenius, Invivyd, Ionis, J&J, Oryzon, Papillon, PTC, Sagimet, Thryv.
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Adult fly brain 3D reconstruction
Neurology/psychiatric

140,000 cells and 50M synapses make 1 adult fly brain

Oct. 2, 2024
By Mar de Miguel
A collaboration led by the Flywire Consortium and comprising hundreds of scientists has completed a whole map of the adult fruit fly brain after several decades of collaborative work. By using electron microscopy and three-dimensional reconstruction supported by AI tools, the researchers have revealed the neural wiring of the Drosophila melanogaster brain, a connectome of 140,000 neurons with 50 million synaptic connections. In the future, researchers could possibly use this map as an artificial in silico model to study the brain as a simulator through its connections, though a lot of work remains to be done for this.
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Ron Renaud, CEO, Kailera
Newco news

Kailera launches with $400M series A, Hengrui’s metabolic assets

Oct. 1, 2024
By Karen Carey
In one of the top series A financings in biopharma history, new company Kailera Therapeutics Inc. emerged with $400 million raised and a pipeline of next-generation assets to treat obesity and type 2 diabetes.
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Gritstone rolls lower with interim cancer data

Oct. 1, 2024
By Lee Landenberger
Gritstone Bio Inc. has had a tough year and new interim phase II data of Granite haven’t helped. The company called the progression-free survival results “encouraging” in the ongoing phase II/III trial of its personalized neoantigen-targeting immunotherapy for treating front-line microsatellite stable colorectal cancer.
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