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Home » Newsletters » BioWorld

BioWorld

Nov. 9, 2015

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Stock movers

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Other news to note

Kolltan Pharmaceuticals Inc., of New Haven, Conn., presented preclinical data from a study evaluating KTN0158 in dogs with spontaneous mast cell tumors. Read More

Earnings

Corcept Therapeutics Inc., of Menlo Park, Calif., reported a third quarter GAAP net loss of $600,000, down from $6 million in the third quarter of 2014. Non-GAAP net income for the period increased to $1.6 million, compared to a non-GAAP net loss of $3.9 million in the third quarter of 2014. Read More

In the clinic

Tracon Pharmaceuticals Inc., of San Diego, reported updated data from a phase Ib trial combining TRC105 with Inlyta (axitinib, Pfizer Inc.) in patients with advanced or metastatic renal cell carcinoma at the Kidney Cancer Association meeting in Miami. Read More

Bench Press: BioWorld looks at translational medicine

A team from Genentech Inc. has developed an antibody-antibiotic conjugate (AAC) that was able to fight intracellular Staphylococcus aureus in mice, offering hope for the development of a therapeutic strategy against relapsing infections. Read More

Financings

Cyteir Therapeutics Inc., of Cambridge, Mass., closed a $5.5 million series A financing that included participation from a syndicate of private investors and Celgene Corp., of Summit, N.J. Read More

Pre-approval access: Walking a moral, ethical financial tightrope

The needs of the many outweighing the needs of the one might seem the acme of logic, at least for a Vulcan. For humans, it's not so simple, and it's only one of several thorny problems industry, government and society must resolve to establish clear guidance to provide dying patients with compassionate use access to experimental drugs. Read More

HK growling: Wary plotter Astrazeneca ticks box on safety data pre-$2.7B ZS Pharma buy

With the hyperkalemia (HK) space hotter after Astrazeneca plc's $2.7 billion takeover of ZS Pharma Inc. to get the approval-ready ZS-9, eyes of handicappers turned to long-term safety data due at a scientific meeting over the weekend. Read More

Sanofi bidding for 'Quantum' leap in diabetes; inks deals with Hanmi, Lexicon

HONG KONG – In back-to-back deals involving a total of $735 million in up-front cash, French pharma major Sanofi SA is collecting more diabetes drugs for its pipeline, aiming to mitigate the impact on its diabetes business, which has seen a 6.6 percent decline in the global market. Read More

Molecular Targets meeting kicks off in Boston

Even though it is sponsored by three organizations, the joint Molecular Targets meeting of the American Association for Cancer Research, the National Cancer Institute, and the European Organisation for Research and Treatment of Cancer (AACR-NCI-EORTC) is smaller than the annual meetings of the big organizations – including that of AACR itself. Read More

PRIME directive: EMA bolstering accelerated assessment pathway

LONDON – The EMA is planning to add a new Priority Medicines (PRIME) designation to the various schemes it operates to accelerate access to innovation. Read More

Pharma companies fined in Colombia for breaching price caps

BOGOTA, Colombia – Regulators in Colombia have fined six pharmaceutical companies for breaching price caps set by the National Board of Prices of Drugs. Among the companies targeted are Novartis AG and Sanofi-Aventis. Read More

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