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Home » Newsletters » BioWorld

BioWorld

July 17, 2020

View Archived Issues
respiratory-red-lungs

The two gentlemen of Verona Pharma close $200M raise to fund pivotal COPD program

DUBLIN – Verona Pharma plc raised $200 million in a combined private placement and share subscription, which ensures the London-based firm has the funds in place to proceed with a phase III program for its lead drug candidate, ensifentrine, as maintenance therapy in chronic obstructive pulmonary disease (COPD). It’s solid evidence that the company’s decision to bring in a new senior management team earlier this year is working. CEO David Zaccardelli and Chief Financial Officer Mark Hahn joined up in February, not long after they had led specialty pharma firm Dova Pharmaceuticals Inc. to a buyout deal with Stockholm-based Swedish Orphan Biovitrum AB, worth up to $915 million. Read More

Biopharma investment continues apace as Alx and Pandion launch IPOs

IPOs from Alx Oncology Holdings Inc. and Pandion Therapeutics Inc. launched July 17 as investors continued to pour money into biopharma’s public sector. Through June, $8.53 billion in biopharma IPOs had been filed so far this year by 35 companies. Read More
Brexit3.png

Brexit countdown looming, despite COVID-19 distractions

LONDON – While the pandemic raged, Brexit was simmering on the back burner, but now as infections wane, the industry is turning its attention back to being ready for the U.K. cutting ties with the EU at the end of December. Read More

Phage bids increasing Locus of interest as Armata cuts water

Armata Pharmaceuticals Inc.’s recent $15 million award for a three-year program from the U.S. Department of Defense to partially fund a phase Ib/II study added to the already growing resurgence of notice for phage-based therapeutics, with even big pharma starting to take heed. Read More
Brain with puzzle piece removed

Down syndrome organoids give insights into Alzheimer’s disease

LONDON – New human brain organoids that precisely model the three hallmarks of Alzheimer’s disease – amyloid plaque-like lesions, progressive neuronal death and abnormal accumulations of tau – are now ready to be developed for use in high-throughput drug screening. Read More
newco-plant-dollar-sign.png

Australia’s Brandon Capital leads AU$29 M series A investment in Glyscend’s diabetes polymer compound

PERTH, Australia – With a series A investment in hand, Glyscend Therapeutics Inc. will take its polymer therapeutic that mimics the effect of gastric bypass surgery to Australia next year to begin clinical trials. Read More
Human X Chromosome Sequence puzzle

Bench Press for July 17, 2020

BioWorld looks at translational medicine, including: X chromosome is finished; Protein degradation system targeted to KRAS; Bacteriophages find, fight microbiome’s dark side; Preventing T-cell rejection;  Mitochondria, interneurons, cognition link explored.

Read More
regulatory-green-light-approved.png

FDA approvals in June hit five-year record

Although the FDA suggested in May that it might have trouble meeting PDUFA dates due to the COVID-19 pandemic, the 30 approvals of biologics and drugs handed down in June 2020 is the highest number for a single month in the past five years.

Read More

Appointments and advancements for July 17, 2020

New hires and promotions in the biopharma industry, including: Tarsus, Teligent. Read More

Financings for July 17, 2020

Biopharmas raising money in public or private financings, including: Altimmune, Amicus, Cytokinetics, SAB.

Read More

In the clinic for July 17, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications: ADC, Aprea, Celltrion, Janssen, Phasebio, Sinopharm.

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Other news to note for July 17, 2020

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Applied DNA, Aptorum, Bio-Thera, Curadigm, Cyclerion, Fairhaven, Liminal, Ocular, Orphazyme, Pharmapark, Takis.

Read More

Regulatory actions for July 17, 2020

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Beigene, BMS, Botanix, Denovo, Nabriva, Puma, Specialised Therapeutics, Sunovion.

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-July 16, 2020

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

Biggest gainers and losers for the week of July 13-17, 2020

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

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