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Regulatory actions for July 12, 2024

July 12, 2024
Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Asklepios, Ausper, Clene, Inovio, Novo Nordisk.
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Other news to note for July 12, 2024

July 12, 2024
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Abeona, Acorda, Acuitas, Akebia, Beacon, Biontech, Cara, CSL Vifor, Curevac, Janssen, Johnson & Johnson, Merz, Numab, Pfizer, Yellow Jersey.
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In the clinic for July 12, 2024

July 12, 2024
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Biodexa.
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Financings for July 12, 2024

July 12, 2024
Biopharmas raising money in public or private financings, including: Alvotech, Aspect, Entero, Geovax, Onconetix.
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Appointments and advancements for July 12, 2024

July 12, 2024
New hires and promotions in the biopharma industry, including: Journey Medical.
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Illustration demonstrating parts of the ear

A gene therapy could restore hearing in adults

July 12, 2024
By Mar de Miguel
Patients with congenital hearing loss could benefit from a gene therapy currently in development. Although there are approaches that could reverse the process in children and young people before it becomes severe, so far, adults do not have any treatment that prevents the progressive deterioration of auditory sensory cells caused by this disease.
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Is enforcement enough to address PBM issues?

July 11, 2024
By Mari Serebrov
Just a day after the U.S. FTC released an interim report on harmful pharmacy benefit manager (PBM) practices and appeared before a House subcommittee that encouraged the commissioners to take enforcement action, the agency reportedly was preparing to file suit against the country’s three largest PBMs over their practices in negotiating insulin and other drug prices.
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US FDA nixes Novo’s once-weekly insulin Awiqli with CRL

July 11, 2024
By Karen Carey
Following an advisory committee’s recommendation in May against approval, the U.S. FDA issued a complete response letter (CRL) to Novo Nordisk A/S for its once-weekly insulin icodec injection for diabetes, which is on the market as Awiqli in several other countries.
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Antibody-drug conjugate illustration

First-in-class ADC Foreseen in $1B-plus Ipsen deal

July 11, 2024
By Randy Osborne
The lively antibody-drug conjugate (ADC) space chalked another collaboration as Taipei, Taiwan-based Foreseen Biotechnology Co. Ltd. scored a global licensing agreement worth as much as $1.03 billion with Ipsen SA, of Paris, for antibody-drug conjugate FS-001, which is said to bear first-in-class potential. The drug takes aim at a novel tumor-associated antigen that is overexpressed in many solid tumors and plays a critical role in tumor proliferation and metastasis, the companies said.
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Doctor pointing at liver

BIX 2024: From graveyard to breakthrough, MASH candidates on rise

July 11, 2024
By Marian (YoonJee) Chu
Nonalcoholic steatohepatitis was renamed, for the first time in 34 years, to metabolic dysfunction associated steatohepatitis (MASH), but a name change is far from being the biggest development in the field, according to experts at Bioplus Interphex (BIX) Korea 2024.
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