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Home » Newsletters » BioWorld

BioWorld

Jan. 17, 2020

View Archived Issues
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China’s I-Mab goes public in targeted range for $103.7M; after-market deep Zai?

Shanghai-based I-Mab Biopharma Co. Ltd. became the first IPO out of the gate this year, pricing its IPO of about 7.4 million American depositary shares (ADSs) – each 10 representing 23 ordinary shares of the company, par value $0.0001 per share – at $14 each, within the planned range of $12 at the low end and $15 at the high. But the stock’s performance might not have been all investors hoped, as shares (NASDAQ:IMAB) closed at $12.50 Jan. 17. Read More
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Iterum in a $52M private placement from investors

Iterum Therapeutics plc found a lifeline in the securities purchase agreement it made with an investors group for a $51.9 million private placement. The company plans to use that money to develop sulopenem, a penem anti-infective compound with oral and I.V. formulations. Read More
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Novo's Ozempic gets FDA go-ahead to expand label for reducing MACE

Novo Nordisk A/S' Ozempic, a once-weekly injectable version of the company's glucagon-like peptide-1 (GLP-1) receptor agonist, semaglutide, first FDA-approved in late 2017, has won the agency' approval for a new indication: reducing the risk of major adverse cardiovascular events (MACE) in adults with type 2 diabetes (T2D) and known heart disease. Read More
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Bionetix secures $9.33M in series B funding for AML/MDS and glaucoma treatment

HONG KONG – Bionetix Inc., of Suwon, South Korea, has secured ₩10.8 billion (US$9.33 million) in series B funding. The biotech, founded in February 2017, has attracted a total of KRW14.7 billion to date. The company will use the funds to advance NTX-301, a therapy for myelodysplastic syndrome/acute myeloid leukemia (MDS/AML) with epigenetic dysregulation, and NTX-101, a glaucoma treatment. Read More
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Oncogene Ras affects memory consolidation

Remember how Ras is a frequently mutated oncogene in solid tumors? Well, it turns out Ras plays a role in those memories, too. In the Jan. 13, 2020, online issue of the Proceedings of the National Academy of Sciences, scientists at the Scripps Research Institute in Juniper, Fla., reported on the discovery that Ras signals through Raf and then Rho kinase to control whether memory is short or long-term. Read More

Holiday notice

BioWorld's offices will be closed in observance of Martin Luther King Jr. Day in the U.S. No issue will be published Monday, Jan. 20. Read More

Appointments and advancements for Jan. 17, 2020

New hires and promotions in the biopharma industry. Read More
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Bench Press for Jan. 17, 2020

Scientists at the Whitehead Institute have discovered that the ability of the parasite Toxoplasma gondii to cause chronic infections depends on changes orchestrated by a single transcription factor, Bradyzoite-formation deficient 1 (BFD1). Read More

Financings for Jan. 17, 2020

Biopharmas raising money in public or private financings. Read More

In the clinic for Jan. 17, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications. Read More

Other news to note for Jan. 17, 2020

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief. Read More

Regulatory actions for Jan. 17, 2020

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations. Read More

Money raised by biopharma: 2020 vs. 2019

Total raised in public, private and other financings of biopharma companies, comparing 2020 vs. 2019. Read More

Biopharma money raised: Jan. 1-16, 2020

Year-to-date money raised in public, private and other financings of biopharma companies. Read More

Regulatory submissions, approvals and other actions: December 2019

Regulatory decisions affecting biopharma products in development, including approvals, recommendations, rejections and the granting of regulatory pathways in December 2019. Read More
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Biggest gainers and losers for the week of Jan. 13-17, 2020

The top 10 biopharma stock gainers and losers for the week. Read More

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