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Financings for June 9, 2025

June 9, 2025
Biopharmas raising money in public or private financings, including: Aytu, Kelun.
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Appointments and advancements for June 9, 2025

June 9, 2025
New hires and promotions in the biopharma industry, including: Candel, Celldex, Denovo.
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ICYMI: Week in review, June 2-6, 2025

June 9, 2025
A quick look back at top stories.
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Biggest gainers and losers for June 2-6, 2025

June 9, 2025
The top 10 biopharma stock gainers and losers for the week.
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Canceling claims not an appropriate sanction, USPTO says

June 9, 2025
By Mari Serebrov
No Comments
Absent extraordinary circumstances, the Patent Trial and Appeal Board “should never cancel claims it has not determined to be unpatentable as a sanction” for misconduct during a board proceeding, according to the acting director of the U.S. Patent and Trademark Office (USPTO).
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3D illustration of phage infecting bacteria

MHRA offers clarity for bacteriophage development, licensing

June 9, 2025
By Nuala Moran
No Comments
The U.K. Medicines and Healthcare products Regulatory Agency (MHRA) has issued its first official guidance on how to develop bacteriophages as licensed medicinal products. This covers personalized phage therapies designed for specific patients – at present the only form in which they are available – but also is relevant to the development of off-the-shelf products for treating common infections.
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Neuronata-R

Corestemchemon preps US BLA filing for stem cell ALS therapy

June 9, 2025
By Marian (YoonJee) Chu
No Comments
Corestemchemon Inc. is planning to file a BLA for Neuronata-R (lenzumestrocel) by the end of 2025 to gain accelerated approval from the U.S. FDA, company officials confirmed to BioWorld during a June 2 interview. Neuronata-R is an autologous bone marrow-derived mesenchymal stem cell therapy that first gained approval in South Korea in 2014 to delay the progression of amyotrophic lateral sclerosis (ALS), a progressive neurodegenerative disorder also known as Lou Gehrig’s disease.
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Digital rendering of molecular structures

Open-source AI model can predict small-molecule binding affinity

June 9, 2025
By Anette Breindl
No Comments
Researchers at the Massachusetts Institute of Technology and Recursion Pharmaceuticals Inc. have released an open-source AI model that can predict the binding strength of small molecules as well as structures of proteins and biomolecular complexes. The model, which is called Boltz-2 and was released by the research team on the developer platform Github on June 6, addresses a major bottleneck in drug discovery with its improved ability to predict binding strengths.
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Metsera’s long-acting amylin analogue delivers in phase I

June 9, 2025
By Jennifer Boggs
No Comments
One of the big questions going into the phase I readout for Metsera Inc.’s amylin analogue, MET-233i, was whether findings would support once-monthly dosing for the potential obesity candidate. They did. Results also indicated solid and dose-dependent weight loss activity, and Metsera was able to identify well-tolerated starting doses for subsequent studies, said Steve Marso, chief medical officer. “So we exceeded expectations on all three scientific objectives.”
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Red blood cells in an artery with cholesterol

In two phase IIIs, Merck’s PCSK9 inhibitor cuts cholesterol

June 9, 2025
By Lee Landenberger
No Comments
In two phase III studies, Merck & Co. Inc.’s oral, once monthly proprotein convertase subtilisin/kexin type 9 (PCSK9) inhibitor produced statistically significant and clinically meaningful cuts in low-density lipoprotein cholesterol levels. The PCSK9 inhibitor is looking to fit into a crowded market that already has well-established therapies from other big pharmas and a potential competitor in development to treat another indication.
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