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Home » Newsletters » BioWorld

BioWorld

June 29, 2015

View Archived Issues

Denim venom: Blue gene therapy has legs, buckling down despite sell-off of Celladon

News of Celladon Corp.'s possible liquidation after the CUPID2 phase IIb failure in April of gene therapy candidate Mydicar for heart failure (HF) may have sent shivers through the gene therapy sector, but progress ought to provide a heartening counterbalance as researchers continue to refine their methods. Read More

CHMP backs Santhera's Raxone in hereditary blindness condition

DUBLIN – After a long and sometimes perilous review process, Santhera Pharmaceutical Holding AG has finally gotten Raxone (idebenone) across the line. Read More

EMA action: Alexion scores double, Novartis a single while Cytonet's Heparesc strikes out

LONDON – Alexion Pharmaceuticals Inc. has scored a double success with simultaneous European approval of two orphan drug enzyme replacement therapies. Read More

Alder seeks $200M in follow-on to support migraine drug ALD403

Just six months after completing an upsized $203.6 million follow-on offering in January, Alder Biopharmaceuticals Inc. is seeking an additional $200 million in a new offering of about 4.5 million shares (NASDAQ:ALDR) to back development and testing of ALD403, a calcitonin gene-related peptide blocker it's developing for migraine prevention. Read More

Mushroom minimizes mouse models of obesity

HONG KONG – An extract of a mushroom used in traditional Chinese medicine (TCM) reduces obesity in mice by altering the composition of the gut microbiota, suggesting it may prove useful for treating obesity and associated disorders in humans, according to a Taiwan study reported in the June 23, 2015, edition of Nature Communications. Read More

Etubics immunotherapy candidate gains new backing, paving the path to phase III

Etubics Corp., a Seattle-based company developing targeted immunotherapies and vaccines, has gained fresh support from the National Cancer Institute (NCI) in its efforts to advance a multitargeted carcinoma immunotherapy. Read More

Financings

Seres Therapeutics Inc., of Cambridge, Mass., priced a $133.7 million IPO. The microbiome-focused company plans to sell about 7.4 million shares at $18 each to support development of SER-109 for the prevention of further recurrences of Clostridium difficile infection, as well as work on other drug candidates. Read More

Other news to note

Merck & Co. Inc., of Kenilworth, N.J., said the European Commission approved Simponi (golimumab) to treat adults with severe, active nonradiographic axial spondyloarthritis following a positive opinion from the Committee for Medicinal Products for Human Use last month. Read More

Stock movers

Read More

In the clinic

Immune Pharmaceuticals Inc., of New York, started a phase II ulcerative colitis trial and is scheduled to initiate its phase II bullous pemphigoid trial on July 1. Read More

Appointments and advancements

Armetheon Inc., of Menlo Park, Calif., named Sanjay Kakkar CEO. Read More

Bench Press: BioWorld looks at translational medicine

Scientists from the Danish Aarhus University have shown that people who had their vagus nerves severed were protected from developing Parkinson's disease. Read More

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