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Home » Newsletters » BioWorld

BioWorld

Oct. 7, 2021

View Archived Issues
Brain and neural networks

Neumora raises $500M to target neuropsychiatric, neurodegenerative disorders

Neumora Therapeutics Inc., a neuroscience startup aiming to launch precision medicines for brain diseases, said Oct. 7 it has raised more than $500 million, including a $100 million equity investment from Amgen Inc. and a series A financing led by Arch Venture Partners. The company launches with a portfolio of eight clinical, preclinical and discovery-stage programs from internal discovery efforts, the acquisitions of multiple private companies and a new license agreement with Amgen. Read More
Intergalactic’s C3DNA

Intergalactic Therapeutics hits ‘engage’ with $75M for DNA gene therapy tech

Intergalactic Therapeutics Inc. is aiming for the stars with a nonviral gene therapy platform, backed with $75 million in series A financing from life sciences venture capital firm Apple Tree Partners. While management are tongue in cheek about the name of the company, they are serious about their mission to produce a next generation of gene therapies that overcome the issues associated with marketed adeno-associated virus-based products. Read More
FDA-sign.png

Maribavir gets adcom approval, but Takeda’s work just beginning

If the FDA follows the advice of its Antimicrobial Drugs Advisory Committee, Takeda Pharmaceutical Co. Ltd.’s antiviral drug, maribavir, will become the first drug approved in the U.S. to treat resistant or refractory cytomegalovirus infection and disease in both solid organ and hematopoietic stem cell transplant recipients. Read More

No sweat? Brickell phase III data pits gel against Qbrexza

With its topical gel for primary axillary hyperhidrosis (excessive underarm sweating) in adults and children 9 years of age and older, Brickell Biotech Inc. is gearing up to challenge Journey Medical Corp.’s Qbrexza (glycopyrronium), an anticholinergic agent contained in a single-use, pre-moistened, medicated cloth. Read More
M&A cityscape

M&As recovering as biopharma deals slide past 2020

With a growing number of deals worth $1 billion or more, 2021 values are slowly inching past 2020’s record year, as mergers and acquisitions also move higher, indicating a potentially stronger second half of the year. Read More

AACR-NCI-EORTC 2021: Prelude helps open virtual conference with phase I results

Data from two phase I studies from Prelude Therapeutics Inc. helped open the American Association for Cancer Research virtual International Conference on Molecular Targets and Cancer Therapeutics on Oct. 7 but tugged the company’s stock sharply downward. Read More

WHO recommends ‘long-awaited’ malaria vaccine backed by real-world data

LONDON – The World Health Organization (WHO) is recommending the widespread rollout of Glaxosmithkline plc’s Mosquirix (RTS,S), the first malaria vaccine, following real-world evidence it is safe and can be integrated into routine immunization programs and existing malaria control measures. Read More
pill over molecule structures

Sapreme hatches endosomal escape plans with $17M series A round

DUBLIN – Sapreme Technologies BV is taking a novel approach to the extraordinary inefficiency of intracellular delivery of macromolecular drugs by developing a series of compounds that can dramatically improve the rate with which drugs such as proteins and oligonucleotides can escape the endosome. Read More
FDA-icons

FDA preemption of state law for product labeling at risk in Mississippi court ruling

FDA preemption of state liability law has proven controversial on a number of occasions, a fact of life resurrected by a case arising out of the Supreme Court of the State of Mississippi. The court declared that the FDA must invoke the rulemaking process for its regulation of medical product labels. Read More

Appointments and advancements for Oct. 7, 2021

New hires and promotions in the biopharma industry, including: Cytodyn, Minervax, Oculis, Ovid, Skye, Tris. Read More

Financings for Oct. 7, 2021

Biopharmas raising money in public or private financings, including: Affyimmune, Amplo, Appili, Imophoron, Osmotica, Progenity, Pyxis, Theseus. Read More

In the clinic for Oct. 7, 2021

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Abbvie, Brickell, Bristol Myers, Celltrion, Denali, G1, Genetx, Inhalon, Jounce, Minervax, Timber, Ultragenyx. Read More

Other news to note for Oct. 7, 2021

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aicuris, Alx, Blade, Calliditas, Curative, Cytodyn, Debiopharm, Dexa, Evox, Flightpath, Genkyotex, Immunoprecise, Janssen, Johnson & Johnson, KGK, Mid-Atlantic, Moderna, Neurorx, Northwestern, Pierre Fabre, Psyched, Relief, Talem, Tryp. Read More

Regulatory actions for Oct. 7, 2021

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

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