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Home » Newsletters » BioWorld

BioWorld

May 4, 2020

View Archived Issues
Acquisition.png

Italy’s Menarini Group enters the U.S. cancer market by acquiring Stemline in a deal worth up to $677M

The business of cancer therapy in the U.S. is where the big money is, and the Menarini Group, a privately held Italian pharma and diagnostics company, just got a place at the table with its acquisition deal worth up to $677 million for New York’s Stemline Therapeutics Inc. Read More

Experts weigh in on ‘reasonable’ pricing for pandemic therapies

With Gilead Sciences Inc. donating its existing stock of finished and unfinished remdesivir to help address the global COVID-19 pandemic through clinical trials, emergency use authorization (EUA) and compassionate use programs, patient accessibility to the investigational drug will be limited by supply, not price. Read More
Stock market rebound illustration

Biopharma closes month on a high note, general markets also recover

Investors are beginning to show confidence in the financial markets, once again believing that the worst of the ravages caused by the COVID-19 pandemic are behind us and that the stringent restrictions on business activity and personal behavior currently in place will be slowly lifted. As a result, stocks in all sectors rallied in April from their March meltdowns. The Dow Jones Industrial Average recorded an 11.08% increase in the period, its largest one-month percentage gain since January 1987. Read More
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COVID-19 clinical trial lessons should extend beyond pandemic, experts say

LONDON – In a potent demonstration of how COVID-19 is transforming the U.K. clinical trial landscape, 47,000 patients have been recruited to studies investigating potential treatments for the infection in a little over two months. Read More
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Climate crisis is chronicle of a death foretold

The climate crisis in the time of COVID-19 illustrates the difference between the important and the urgent. There is, of course, no alternative to focusing on the current pandemic. But at the same time, the SARS-CoV-2 coronavirus has not changed the fact that the climate crisis is a coming wave whose health consequences will ultimately dwarf those of any single infectious agent. Read More

Sarizotan fails pivotal Rett syndrome trial

Shares of Newron Pharmaceuticals SpA (SIX:NWRN) fell more than 71% May 4 on news that sarizotan, its experimental therapy for the rare neurodevelopmental disorder Rett syndrome, failed to meet both the primary and secondary efficacy endpoints of the company's pivotal STARS study, leading it to terminate the program. Read More

Praxis makes perfect? Bid to sharpen MDD drug targeting has banked $100M so far

Praxis Precision Medicines Inc. CEO Marcio Souza told BioWorld that the line figuratively walked by PRAX-114, a GABAA positive allosteric modulator in major depressive disorder (MDD), means upside relief without the downside of adverse effects. Read More

Week in review for April 27-May 1, 2020: A 'new standard of care' for COVID-19

A quick look back at top stories. Read More

The next pandemic

Even as the world grapples with COVID-19, researchers and public health officials are trying to apply its lessons to future outbreaks. In our series “The next pandemic,” BioWorld explores the strategies and technologies that could improve the fight against future outbreaks, from robust surveillance to rapid vaccines. Read More

Appointments and advancements for May 4, 2020

New hires and promotions in the biopharma industry, including: Deinove, Eton, Horama, Imara, Innocan, Nordic Nanovector, TCR2, Zosano.

Read More

Financings for May 4, 2020

Biopharmas raising money in public or private financings, including: Avadel, Ayala, Clarametyx, Devonian Health, Immunomedics, Intec. Read More

In the clinic for May 4, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications: AC Immune, Allakos, Antibe, Aridis, Athersys, Autifony, Cel-Sci, Diamyd, GSK, Krystal, Leo, Lupin, Marinus, Newron, Novartis, Novo Nordisk, Sound Pharma, Targovax, Viriom. Read More

Other news to note for May 4, 2020

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Adare, Alnylam, Applied Biomath, Applied DNA Sciences, Anixa, Biomarin, Brainstorm, Celltrion, Corium, Destiny, Dinaqor, Domain, Eagle, Galecto, Lilly, Generex, Genfa, Harbour Biomed, Ipsen, Junshi, Kempharm, Lilly, Mediwound, Merck, Nanoviricides, Neuralis, Noachis Terra, Ontochem, Oragenics, Orbis, Recce, Specialty Therapeutics, Surrozen, Teva, Transgene, Vaxxel, VBL, Vir, Zymeworks. Read More

Regulatory actions for May 4, 2020

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Alume, Ascentage, Aspargo, Combioxin, Cytodyn, Freeline, Genetx, Kala, Kempharm, Marinus, Stallergenes Greer, Tolmar, Ultragenyx.

Read More

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