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Home » Newsletters » BioWorld

BioWorld

May 12, 2021

View Archived Issues
Businesswoman pressing dollar sign on touchscreen

Perceptive Xontogeny launches new $515M early stage fund

Biopharma startups seeking a mix of financial, strategic and operational support gained a new option May 12 with the announcement of Perceptive Xontogeny Venture Fund II from Perceptive Advisors LLC. The fund, expected to lead series A financings in the range of $20 million to $40 million closed with $515 million in capital commitments. It's led by portfolio manager and CEO Chris Garabedian, who also serves as chairman and CEO of Xontogeny LLC, a Boston-based accelerator. Read More

Minerva renews its drive to an NDA in treating schizophrenia

Bolstered by new and positive open-label extension data, Minerva Neurosciences Inc. won’t let a failed phase III of roluperidone in treating schizophrenia get in the way of considering an NDA filing. Read More
Cancer immunotherapy illustration

Markets tough on cancer-focused biopharmas

Business development among biopharmaceutical companies working on therapeutics for cancer indications has been brisk this year, with 32% of the 654 deals recorded to date by BioWorld involving cancer indications. However public companies in the area haven’t gained much investor enthusiasm, with the BioWorld Cancer index dropping over 18% year-to-date, with 6% of the loss in valuation taking place this month. Read More
Chinese flag and microscopes

Multinational corporations view China as source of innovation and accelerator of digital health

Multinational players are changing the way they look at China as a source for innovation as it accelerates efforts in areas such as digital health in pursuit of desire to make a global impact. At the Chinabio Partnering Forum, panelists representing Pfizer Inc., Merck & Co. Inc., Sanofi SA and Johnson & Johnson all shared what they have witnessed there and how they’re already tapping China-sourced innovations. Read More
Person receiving vaccine

Increase in side effects in mix-and-match vaccine schedule, study shows

LONDON – Initial results from the U.K. randomized trial assessing mixed COVID-19 vaccine schedules show there is a significant increase in systemic side effects with one dose of Astrazeneca plc’s and one of Pfizer Inc./Biontech SE’s vaccines (in either order), compared to receiving two doses of the same vaccine. Read More
vaccines-syringes.png

ACIP says yes to EUA expansion, caught off-guard by change in CDC guidance

It came as no surprise May 12 that the CDC’s Advisory Committee on Immunization Practices (ACIP) voted 14-0, with one recusal, to recommend the use of Pfizer Inc.-Biontech SE’s COVID-19 vaccine, Comirnaty (tozinameran), in 12- to 15-year-olds following the FDA’s decision earlier this week to expand the vaccine’s emergency use authorization (EUA) to that age group. Read More

Pandemic recovery key theme of Australia’s budget with med-tech, biotech sectors praising new measures

PERTH, Australia – Australia’s budget theme for the 2021 to 2022 fiscal year is rebuilding the economy following COVID-19, and med-tech and biotech leaders were praising some of the new measures.   Read More
N. brasiliensis

AAI 2021: In immunity, IL-33 signals stop as well as go

Parasitic worms, or helminths, are a major global health issue. At the same time, "parasites have been a prolific area of biomedical research to emerge," De'Broski Herbert told his audience at the 2021 annual meeting of the American Association of Immunologists. Read More

ICER: New multiple myeloma drugs ‘low’ value at current prices

While acknowledging the net health benefit over standard of care in heavily pretreated multiple myeloma patients, CAR T-cell therapies Abecma (idecabtagene vicleucel) and ciltacabtagene autoleucel (cilta-cel) represent low long-term value at their current pricing levels, according to the Institute for Clinical and Economic Review (ICER) in a final evidence report released May 11. Read More

International merger task force seeking input

An international task force launched in March to identify new approaches for analyzing and addressing competitive concerns arising from biopharma M&As is now seeking public comment to inform their review. Read More

Appointments and advancements for May 12, 2021

New hires and promotions in the biopharma industry, including: Acepodia, Bioniz, Canbridge, Capsida, Enveric, Matica, Medicenna, Neubase, Pharvaris, Promis, Puretech, Verge Genomics. Read More

Conference data for May 12, 2021: ASGCT

New and updated preclinical and clinical data presented by biopharma firms at the American Society of Gene & Cell Therapy annual meeting, including: Antion, Biomarin, Enochian. Read More

Financings for May 12, 2021

Biopharmas raising money in public or private financings, including: Cardiol, Magenta, Praxis, Recro, Talaris. Read More

In the clinic for May 12, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: ADC, Algernon, Amylyx, Biomarck, Biophytis, Cage, Checkpoint, Clene, Connect, Constant, Context, Graybug, GT, Incyte, Inflarx, Magenta, Medeor, Minerva, Morphosys, Ocuphire, Providence, Qpex, Scholar Rock, Ultimovacs, VBI. Read More

Other news to note for May 12, 2021

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Atai, Atyr, Azurrx, Biogen, Caladrius, Cassava, Cellectis, Diurnal, Citrine, ERS, Exelixis, Genfit, Genscript, Inovio, Intelgenx, Ipsen, Iqvia, Lianbio, Moderna, Nanobiotix, Protokinetix, Respirerx, Rubius, Sanofi, Voyager, Xilio. Read More

Regulatory actions for May 12, 2021

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Alume, Biocryst, Cstone, Endogena, Evofem, Fulcrum, Northwest, Wake Network. Read More

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