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Appointments and advancements for Sept. 10, 2024

Sep. 10, 2024
New hires and promotions in the biopharma industry, including: 4P-Pharma, Aardvark, Affinia, Charm, Creyon, Forge, Pheon, Reunion, Senisca, Solu, Syntekabio, Tonix, Transgene, Triarm, Varmx.
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Graph showing voltage of cell membrane's change over time
Cancer

Focusing on tumor cells brings insights into cancer neuroscience

Sep. 10, 2024
By Anette Breindl
By looking at the electrical activity of tumor cells, rather than the neurons that innervate them, investigators at Baylor College of Medicine have added both basic and translational insights to the emerging field of cancer neuroscience. In their studies, which were published in Cancer Cell on Sept. 5, 2024, the researchers identified the cell of origin for IDH-mutated gliomas.
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Results of Type A meeting at heart of insider trading allegation

Sep. 9, 2024
By Mari Serebrov
Another biopharma employee got caught up in insider trading allegations, this time following a positive sponsor meeting with the U.S. FDA.
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Oral medication

Upcoming GLP-1 player Terns piques interest with early oral data

Sep. 9, 2024
By Karen Carey
Boosting shares by nearly 17% on Sept. 9, phase I data of Terns Pharmaceuticals Inc.’s glucagon-like peptide 1 (GLP-1) receptor agonist, TERN-601, demonstrated it was well-tolerated and led to a statistically significant weight loss across all three doses tested in healthy adults who were obese or overweight.
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Red rocket launch button on keyboard
Newco news

Candid launches with bispecific antibodies and $370M in hand

Sep. 9, 2024
By Brian Orelli
Candid Therapeutics Inc. launched with ex-China control of two bispecific T-cell engager antibodies that it plans to develop for autoimmune diseases. The San Diego-based company will start off with a pocketful of cash, having raised over $370 million for the development of the in-licensed candidates.
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Antibiotic resistant bacteria inside a biofilm

Adcom tries to balance risk for the many with benefit for the few

Sep. 9, 2024
By Mari Serebrov
With antimicrobial resistance growing to many first-line antibiotics, a key concern in the U.S. FDA’s approving an oral penem like Iterum Therapeutics International Ltd.’s tablet combining sulopenem etzadroxil and probenecid is that it could become a first-line, go-to drug in treating uncomplicated urinary tract infections and, possibly, more serious infections off-label.
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Relay racing to pivotal after PI3K breast-cancer win

Sep. 9, 2024
By Randy Osborne
With positive first-in-human findings on board, Relay Therapeutics Inc. plans a pivotal study next year to test RLY-2608, an allosteric, pan-mutant and isoform-selective inhibitor of PI3K alpha in breast cancer. During a conference call on the data, TD Cowen analyst Yaron Werber noted that “next year’s going to be a pretty busy year for you. How fast can you start the phase III? Is there any way to pull it into the first half of the year as opposed to the second half?” CEO Sanjiv Patel said the company is “moving as fast as we possibly can,” and an update will be provided once a sit-down with regulators is finished.
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3D illustration and light micrograph of lung cancer.

Detailed data affirm ivonescimab tops Keytruda in NSCLC trial

Sep. 9, 2024
By Jennifer Boggs
More than three months ago, investors first learned that ivonescimab, a PD-1/VEGF-targeting bispecific antibody from Summit Therapeutics and Akeso Pharmaceuticals Inc., bested Keytruda (pembrolizumab) in PD-L1-positive non-small-cell lung cancer (NSCLC). At the 2024 World Conference on Lung Cancer over the weekend, Summit rolled out detailed data from the phase III Harmoni-2 trial, which included a nearly doubling of progression-free survival for ivonescimab compared to Merck & Co. Inc.’s established blockbuster drug.
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US FDA grants fast track to Moebius-Sun’s knee OA pain injection

Sep. 9, 2024
By Marian (YoonJee) Chu
The U.S. FDA on Sept. 6 granted fast track designation to MM-II – a novel, non-opioid injectable candidate for knee osteoarthritis (OA) co-developed by Sun Pharmaceutical Industries Ltd. and Moebius Medical Ltd. Mumbai, India-based Sun and Tel Aviv, Israel-based Moebius agreed, under undisclosed terms, to co-develop the novel liposomal non-opioid pain therapy in an exclusive global licensing deal in 2016.
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Other news to note for Sept. 9, 2024

Sep. 9, 2024
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alnylam, Bora Biologics, Clairvoyant, Bridgebio, Pfizer, Psyence, Tanvex.
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