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Home » Newsletters » BioWorld

BioWorld

July 30, 2020

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Coronavirus-pandemic2

Explosion of COVID-19 research advances; aims to put pandemic in the rear view

Six months to the day that the World Health Organization (WHO) declared it a public health emergency, the SARS-CoV-2 virus, with its hideous red spikes, continues to taunt the world, hopping from host to host and haunting humans, many of whom wonder the same thing: What’s next? Read More

Edesa’s COVID-19 IND sparks the stock

By filing an IND with the FDA to initiate a phase II/III study of EB-05, a monoclonal antibody, Edesa Biotech Inc. joined the handful of companies developing COVID-19 treatments that inhibit Toll-like receptor 4 (TLR4) signaling. The Toronto-based company’s stock (NASDAQ:EDSA) responded by rocketing 81.38% upward Thursday to close at $9.45, after trading as high as $19.10. Read More
Brain illustration

Sangamo snags Novartis with a $795M neurodevelopmental deal

Sangamo Therapeutics Inc. continued its collaboration spree, signing up its sixth big pharma/biotech partner: Novartis AG. The three-target deal will use Sangamo's zinc finger protein transcription factors to up-regulate undisclosed genes to treat autism spectrum disorder and other neurodevelopmental disorders. Read More

Lexicon sells Xermelo, turns focus to neuropathic pain program, R&D

In a move that Lexicon Pharmaceuticals Inc. chief Lonnel Coats said will focus the company on its phase II neuropathic pain program, The Woodlands, Texas-based venture has agreed to sell one of its two approved products, the carcinoid syndrome diarrhea therapy Xermelo (telotristat ethyl), to Tersera Therapeutics LLC for $159 million in cash. Read More
performance-miss-target.png

Red pill, blue pill? Neoantigen matrix proving tricky as Wall Street hacks Genocea results

Unraveling the eagerly awaited data from Genocea Biosciences Inc.’s phase I/IIa study with neoantigen cancer vaccine GEN-009 turned out less than simple, and the rollout of results – characterized by the company as positive, albeit early – were followed by a haircut for shares (NASDAQ:GNCA), which closed at $3.45, down $1.52, or 31%. Read More

U.K. immuno-oncology player F-star gains Nasdaq listing in merger with Spring Bank

LONDON – Privately held U.K. biotech F-star Therapeutics Ltd. is gaining a Nasdaq listing via a reverse merger with Spring Bank Pharmaceuticals Inc., with F-star’s shareholders due to own 61% of the new entity, to be named F-star Therapeutics Inc. Read More
FDA-sign.png

HR challenges keep vacancy sign flashing at the FDA

In a time when the FDA needs its best and brightest people onboard, nearly half the senior leadership at the agency will be eligible for retirement by Sept. 30. Read More

Iacta Pharmaceuticals and Zhaoke Ophthalmology agree to co-develop novel eye treatments

HONG KONG - California-based Iacta Pharmaceuticals Inc. and Hong Kong-based Zhaoke Ophthalmology Pharmaceutical Ltd. have inked a definitive license agreement for two of Iacta’s products. Read More

Terns out-licenses BCR-ABL inhibitor for CML to Hansoh to accelerate entry to clinic

Terns Pharmaceuticals Inc., a NASH specialist based in San Francisco and Shanghai, has out-licensed the Greater China rights of its BCR-ABL inhibitor, TRN-000632, for treating chronic myeloid leukemia (CML) to Chinese pharma giant Hansoh Pharmaceutical Group Co. Ltd. to move the preclinical oncology asset to the clinic faster. Read More

Appointments and advancements for July 30, 2020

New hires and promotions in the biopharma industry, including: Annexon, Forma, Marinus, Neuren, Optinose, Synlogic, Vor. Read More

Earnings for July 30, 2020

Quarterly snapshots from biopharma companies with marketed products, including: Agios, Alexion, Blueprint. Read More

Financings for July 30, 2020

Biopharmas raising money in public or private financings, including: Allovir, Cyclerion, Cytodyn, Salarius, Spectrum, Zentalis. Read More

In the clinic for July 30, 2020

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Astrazeneca, Boehringer, Cynata, Eisai, Eli Lilly, Enterome, Genocea, Onconova, Redhill, Sab, Salarius, Sanofi, Terns, TFF, Theralase, Trillium, Tychan, Xeris. Read More

Other news to note for July 30, 2020

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Affinity, Altum, American Gene Technologies, Appili, Betterlife, Cerevel, FSD, Gen1e, Inovio, Johnson & Johnson, Neurotrope, Nichi-Iko, Pharvaris, PDL, Takeda, Teva, Worldwide Clinical Trials. Read More

Regulatory actions for July 30, 2020

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Adocia, Astrazeneca, Aytu, Bluebird, BMS, Celltrion, Direct, Diurnal, Dynacure, Edesa, Eton, Imago, Marinus, Merck, Poxel, Siga, Sumitomo, Synthetic, Takeda. Read More

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