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BioWorld - Tuesday, March 24, 2026
Home » Newsletters » BioWorld

BioWorld

Dec. 5, 2014

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Stone work: Allena raises $25M series B for phase II study in kidney disease

Aiming to cover the landscape of hyperoxaluria – overproduction of oxalate in the kidneys, which can lead not only to painful stones but also, in other forms, complications as serious as end-stage renal disease – Allena Pharmaceuticals Inc. raised $25 million in a series B financing. Read More

Minister: Mercosur to stop buying HPV vaccines from PAH

BOGOTA, Colombia – Latin American subregional bloc Mercosur, which includes Argentina, Brasil, Paraguay, Uruguay and Venezuela, will stop buying human papillomavirus (HPV) vaccines through the Pan American Health Organization (PAHO). Read More

Array gains $85M as Novartis returns binimetinib rights

Array Biopharma Inc. shares (NASDAQ:ARRY) climbed 14.3 percent to $4.47 Thursday as Novartis AG returned full rights to the phase III MEK inhibitor, binimetinib, pledging up to $85 million plus significant follow-on support for Array’s plans to seek approval for using the drug to treat NRAS-mutant melanoma during the first half of 2016. Read More

MRCT shortcut stymied in China, regulatory feedback sought

SHANGHAI – Over the last few years, multinational corporations (MNCs) have become increasingly comfortable with adding China sites to their lists of multiregional clinical trials (MRCTs). A significant reason for doing so has been the possibility of conducting trials simultaneously, potentially shaving years off the regulatory time frame for imported drug approvals in China. Read More

Gene therapy cures mice of cardiomyopathy

LONDON – Gene therapy for babies born with a rare, but severe type of inherited heart disease could become a realistic option in the future, scientists suggest, following successful prevention of disease in a related mouse model Read More

Financings

ANI Pharmaceuticals Inc., of Baudette, Minn., said it is offering $100 million aggregate principal amount of convertible senior notes in an underwritten public offering. Read More

Stock movers

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Other news to note

Codexis Inc., of Redwood City, Calif., said it has developed a new enzyme therapeutic candidate for the potential treatment of phenylketonuria (PKU) via oral administration. Read More

In the clinic

Oncosec Medical Inc., of San Diego, released long-term survival results from its phase I study in patients with metastatic melanoma, evaluating a single treatment cycle of intratumoral plasmid IL-12 (pIL-12) injection with electroporation (EP). Read More

Pharma: In the clinic

Bayer AG, of Leverkusen, Germany, said data from its study of children (infants) younger than 2 years of age were presented at the 2014 Radiological Society of North America Scientific Assembly and Annual Meeting. The primary endpoint of the study was the evaluation of the pharmacokinetics (PK) of Gadavist (gadobutrol) injection in plasma at the standard dose of 0.1 mmol/kg body weight. Read More

Pharma: Other news to note

Teva Pharmaceutical Industries Ltd., of Jerusalem, received a positive outcome in the decentralized procedure for its new, three-times-a-week Copaxone (glatiramer acetate) 40 mg/ml formulation for the treatment of adults with relapsing forms of multiple sclerosis. Read More

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