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Home » Newsletters » BioWorld

BioWorld

Aug. 9, 2012

View Archived Issues

AstraZeneca, BTG Drug CytoFab Misses in Sepsis

The drug development graveyard that is sepsis claimed another victim Wednesday, as AZD9773 (CytoFab), which AstraZeneca plc was developing with BTG plc, failed to separate from placebo in a Phase IIb trial in 300 patients with severe sepsis or septic shock. Read More

Corcept Pads Coffers with $30M Synthetic Royalty Deal

Fresh from a public offering that raised $46 million in working capital, Corcept Therapeutics Inc. sold a synthetic capped royalty on future sales of Korlym (mifepristone) and its next-generation GR-II antagonists to BioPharma Secured Debt Fund II, an investment fund managed by Pharmakon Advisors. Read More

Russia Ready to Build a 'Permanent' Biopharma Market

Emerging market nations may be the all the rage in biopharma, and there are many countries that aspire to achieve that strategic level, but the Russian Federation wants to be more than just another BRIC in the wall. Read More

Financings Roundup

• Isis Pharmaceuticals Inc., of Carlsbad, Calif., priced an offering of $201.25 million in convertible senior notes, due 2019, in a private placement. Read More

Stock Movers

Read More

Other News To Note

• Cynapsus Therapeutics Inc., of Toronto, received a grant of $947,925 from the Michael J. Fox Foundation for Parkinson's Research for development of APL-130277, a reformulation of apomorphine for sublingual delivery. Read More

Clinic Roundup

• Agenus Inc., of Lexington, Mass., said clinical data from a Phase I trial of a Prophage Series vaccine (HSPPC-96, vitespen) to treat patients with recurrent glioblastoma multiforme (GBM) were published online by Clinical Cancer Research. Read More

Pharma: Other News To Note

• K-V Pharmaceutical Co., of St. Louis, said the U.S. Bankruptcy Court for the Southern District of New York approved all of its "first day" motions on either an interim or final basis. Read More

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