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Home » Newsletters » BioWorld

BioWorld

April 12, 2017

View Archived Issues

In the clinic

Idera Pharmaceuticals Inc., of Cambridge, Mass., said it completed the phase I portion of the phase I/II trial testing intratumoral IMO-2125, an agonist of TLR9, in combination with Yervoy (ipilimumab, Bristol-Myers Squibb Co.) in anti-PD-1-refractory metastatic melanoma. Read More

Other news to note

Tonix Pharmaceuticals Holding Corp., of New York, said that following a meeting with the FDA in March regarding TNX-102 SL (cyclobenzaprine), the company's phase III post-traumatic stress disorder treatment candidate, the agency confirmed that a single-study new drug application (NDA) approval could be possible. Read More

Financings

Urogen Pharma Ltd., of Raanana, Israel, has filed its form F-1 with the SEC to raise up to $50 million in an IPO and has applied to have its shares listed on Nasdaq under the symbol URGN. Read More

Regulatory front

Few of the top biopharma companies are willing to commit to the annual single-digit percentage U.S. price increase cap Allergan plc's CEO pledged last year, according to a new Public Citizen survey. Read More

Frequency locks on $32M series A for hearing loss drug

Frequency Therapeutics Inc., a company working to develop a progenitor cell-activating hearing restoration therapy, has closed a $32 million series A financing led by Cobro Ventures. Read More

Japan's Peptidream racks up early stage big pharma deals

TOKYO – Peptidream Inc.'s stock, which had surged on Monday after inking a $1 billion-plus collaboration agreement, might have failed to keep the momentum going on Tuesday. But the news of a multitarget discovery and optimization collaboration agreement with U.S.-based Janssen Pharmaceuticals Inc. underscored the growth of the company, which now has 17 funded discovery collaboration deals. (See BioWorld Today, April 10, 2017.) Read More

Opthea aims to improve VEGF-A with AMD combo therapy; raises $33M

PERTH, Australia – Melbourne-based Opthea Ltd.'s recent A$45 million (US$33.7 million) equity financing will go toward expanding clinical development of its VEGF-C/D trap therapy candidate, OPT-302, for wet age-related macular degeneration (AMD) and diabetic macular edema (DME), aiming to prove additive benefit to existing VEGF-A treatments. Read More

Indian regulator clears first autologous dendritic cell-based I-O product

HONG KONG – In a country where just seven new oncology drugs were introduced in the last five years, the recent approval of Apac Biotech Pvt. Ltd.'s first-of-its-kind autoimmune therapy marked a significant step forward. Read More

'Cirius' money funds NASH hopeful with $40M series A

Cirius Therapeutics Inc. (previously Octeta Therapeutics LLC) completed a series A financing of up to $40 million – drawing down $30 million in the initial tranche, according to an SEC filing – in a round that was co-led by Frazier Healthcare Partners and Novo A/S. Read More

NAS highlights lack of reproducibility, seeks to strengthen integrity

The National Academies of Sciences, Engineering and Medicines (NAS) issued a call for action to strengthen research integrity and address the fact that much published research in fields including biomedical science and psychology is not reproducible. Read More

Fishin' chips: FDA tries out mini-human biology model from Emulate to gauge tox

"It's a lab-ready system – that's really critical," Geraldine Hamilton, president and chief scientific officer of Emulate Inc., told BioWorld Today, detailing the firm's cooperative research and development agreement with the FDA for use of the Boston-based firm's Organs-on-Chips technology, which will be placed "in [the FDA's] lab, so they can get first-hand experience" with it. Read More

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