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BioWorld - Thursday, February 19, 2026
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Antibodies illustration

Tracon quits work on anti-PD-L1 envafolimab after phase III flop

July 2, 2024
By Tamra Sami
Tracon Pharmaceuticals Inc. is shuttering all development of its subcutaneous PD-L1 antibody, envafolimab, after the pivotal trial failed to meet the primary endpoint in soft tissue sarcoma.
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Unwinding of Chevron could bring down HHS, FDA, CMS policies

July 2, 2024
By Mari Serebrov
The U.S. Department of Health and Human Services (HHS) and the FDA already are getting a glimpse of the post-Chevron world and how the Supreme Court’s June 28 unwinding of the 40-year-old Chevron deference could rein in agency policies that defy Congress’ expressed intent.
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Immutep's eftilagimod phase IIb positive in head and neck cancer

July 2, 2024
By Tamra Sami
On the heels of an AU$100 million (US$66.5 million) capital raise, Immutep Ltd. announced positive top-line results in first-line head and neck cancer with its lead candidate, eftilagimod, in combination with Merck & Co. Inc.’s Keytruda (pembrolizumab).
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Cartesian hits primary endpoint in MG phase IIb but stock wilts

July 2, 2024
By Lee Landenberger
Cartesian Therapeutics Inc.’s phase IIb study of its lead candidate, Descartes-08, in treating generalized myasthenia gravis (gMG) hit its primary endpoint while the company also notched a $130 million private placement equity financing.
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Steadying hand while reaching for glass

Annovis advances buntanetap in Parkinson’s on phase III readout

July 2, 2024
By Karen Carey
Following a data-cleaning delay and mixed results in Alzheimer’s disease, Annovis Bio Inc. reported phase III Parkinson’s disease data showing treatment with buntanetap stops cognitive decline and improves motor and other functions, including postural instability and gait difficulty, meeting all primary and secondary endpoints.
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Red wooden approved stamp

China approves first cetuximab biosimilar

July 2, 2024
By Tamra Sami
China’s National Medical Products Administration authorized the country’s first cetuximab biosimilar with the approval of Simcere Zaiming’s Enlituo (CMAB-009, cetuximab beta injection) in combination with chemotherapy as first-line treatment for RAS/BRAF wild-type metastatic colorectal cancer. The biosimilar references originator drug Erbitux (cetuximab, Eli Lilly and Co.).
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Drug vials

FDA grants approvals to Stelara, Neupogen, Eylea biosimilars

July 2, 2024
By Marian (YoonJee) Chu
The U.S. FDA approved three biosimilar products from Samsung Bioepis Co. Ltd., Tanvex Biopharma Inc. and Formycon AG as follow-on biologics to Stelara (ustekinumab), Neupogen (filgrastim) and Eylea (aflibercept), respectively, on June 28.
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Regulatory actions for July 2, 2024

July 2, 2024
Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Astrazeneca, Formycon, Humacyte, Idorsia, Longboard, Mesoblast, Sandoz, Springworks, Syncromune, Taurx, Valneva.
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Other news to note for July 2, 2024

July 2, 2024
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alvotech, Ardelyx, Cassava, Dormer, Kashiv, Verrica.
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In the clinic for July 2, 2024

July 2, 2024
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Agenus, Janssen, Ovid, Teva, Tracon.
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