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Home » Newsletters » BioWorld

BioWorld

June 17, 2013

View Archived Issues

Cempra Adds $50.8M to Push Pivotal Solithromycin Program

On Thursday, Cempra Inc. disclosed a successful end-of-Phase II meeting with the FDA, citing only the need for additional funding to proceed with the planned Phase III trial testing intravenous (I.V.)-to-oral administration of macrolide antibiotic solithromycin in community-acquired bacterial pneumonia (CABP). Read More

Conatus Pharma Seeks $69M for Liver Drug Emricasan

Conatus Pharmaceuticals Inc., which has quietly labored on liver drug emricasan (IDN-6556) since gaining global rights to the asset in its 2010 acquisition of Pfizer Inc. spin-out Idun Pharmaceuticals Inc., became the latest biotech to register with the SEC for an initial public offering (IPO). Read More

X01 Cracks Coagulation Conundrum, Raises $11M

When Trevor Baglin, a hematologist at Addenbrooke's Hospital at Cambridge University had a head injury patient with a much better-than-expected outcome, he did something unusual. He got very curious. Read More

Valneva Raising $53M in Post-Merger Rights Issue

Valneva SE priced its previously flagged and fully underwritten €40 million (US$53.3 million) rights issue at €2.65 per share, a steep discount on the company's prevailing share price of €4.61 immediately prior to the final pricing decision. Read More

Mast Flags Offering's $22.9M for Sickle Cell Phase III Trial

Mast Therapeutics Inc.'s $22.9 million from a public offering will fund the second Phase III trial with the sickle cell disease candidate MST-188, a purified form of a nonionic, triblock copolymer (poloxamer 188) that was first developed for the treatment of heart attacks. Read More

Biolinerx Teams with Jiangsu for Hepatitis C Drug in China

SHANGHAI, China – A licensing agreement may help troubled Israeli Biolinerx Ltd. get a toehold in China with its hepatitis C virus (HCV) treatment BL-8030. Read More

Stock Movers

Read More

Other News To Note

• Inovio Pharmaceuticals Inc., of Blue Bell, Pa., said a preclinical study of its influenza DNA vaccine against the newly emergent virulent H7N9 flu virus showed that the vaccine achieved immune response levels exceeding what are considered protective levels in other common influenza subtypes. Read More

Clinic Roundup

• Updated results of a Phase I/II study of daratumumab in heavily pretreated patients with multiple myeloma show that it is well tolerated and 31 percent of patients have achieved a response at the 2 mg/kg dose, and 67 percent in dose cohorts above 4 mg/kg achieving response. Daratumumab is a product in development by Genmab A/S, of Copenhagen, Denmark. Read More

Pharma: Other News To Note

• Bristol-Myers Squibb Co. (BMS), of New York, and Simcere Pharmaceutical Group, of Nanjing, China, expanded their strategic relationship formed in 2010. Read More

Pharma: Clinic Roundup

• Eli Lilly and Co., of Indianapolis, stopped its Phase II study (BACC) for LY2886721, a beta secretase inhibitor being investigated as a once-daily treatment for its potential to slow the progression of Alzheimer's disease. Read More

Bench Press: BioWorld Looks at Translational Medicine

Scientists at the University of California at Santa Barbara and Sanford-Burnham Medical Research Institute have demonstrated that changing the shape of nanoparticles can affect their targeting to certain cell types. Read More

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