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Home » Newsletters » BioWorld

BioWorld

Feb. 24, 2022

View Archived Issues
Coronavirus and financial charts

The indomitable tale of COVID-19 stocks and sales

The deadly SARS-CoV-2 virus that has cost nearly 6 million lives worldwide and disrupted global economies has brought the biopharma industry $82 billion in sales revenue since the start of the pandemic, with guidance for another $88 billion this year. Read More

Mitsubishi, GSK harvest plant-based COVID-19 vaccine win in Canada

With the first global approval by Health Canada in hand, Medicago Inc. aims to provide 20 million doses this year of Covifenz – which itself represents another first, as a plant-originated, virus-like particle, recombinant, adjuvanted COVID-19 vaccine. “Hopefully, if all goes well, we’ll be able to do it faster than the last day of the last month” of the year, said Brian Ward, medical officer of Quebec City-based Medicago, a unit of Mitsubishi Tanabe Pharma Corp., which partnered on Covifenz with Glaxosmithkline plc (GSK). Read More
Concept of business partnership

Odeon Therapeutics acquires China rights to two cancer therapy candidates from Obi Pharma in $200M deal

Odeon Therapeutics Inc. has acquired rights to two cancer candidates from Obi Pharma Inc. in a deal worth up to $200 million. The transaction gives Shanghai-based Odeon rights to develop, register, and commercialize the antibody-drug conjugate OBI-999 and a therapeutic cancer vaccine OBI-833 in mainland China, Hong Kong, and Macau. Read More
Top 100 Global innovators 2022

Two pharmas and a med-tech crack Clarivate’s list of the top innovators worldwide

Three companies from the pharmaceutical and med-tech sectors are among this year’s most influential innovators, according to the newest edition of Clarivate plc’s Top 100 Global Innovators 2022. The pharmaceutical companies that were found to be the most innovative in the top 100 list are Johnson & Johnson, of New Brunswick, N.J., and Roche AG, of Basel, Switzerland. Royal Philips NV, of Amsterdam, was found to be the most innovative med-tech company in the top 100. Read More
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China-US licensing trending up in China’s quest for innovation

Chinese investment in U.S. companies is dropping, but Chinese biopharma firms are increasingly eyeing licensing deals on early stage inventions patented by U.S. universities, Lin Sun-Hoffman, founding partner at Liu, Chen & Hoffman LLP, said during a Feb. 24 U.S. Patent and Trademark Office webinar on biopharma patents in China. Read More
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Biorchestra to develop RNA-based treatment for neurodegenerative diseases with $45M series C funding

Biorchestra Co. Ltd. has raised ₩54 billion ($45.1 million) in its latest series C fundraising, which will boost the development of the company’s lead RNA-based candidate for treating neurodegenerative diseases. BMD-001 is Daejeon, South Korea-based Biorchestra’s antisense oligonucleotide candidate for treating Alzheimer’s disease. Read More

Shouti sets up Basecamp Bio for structure-based drug discovery

Shouti Inc. has established subsidiary Basecamp Bio to navigate the complex challenges of membrane protein structure-based drug discovery. Using Shanghai and San Francisco-based Shouti’s drug discovery engine, Basecamp is intended to prosecute challenging drug discovery targets, including G-protein coupled receptors, and add new assets to Shouti’s development pipeline. Read More

Australian National Medicines Policy consultation process causes industry uproar

PERTH, Australia – Biopharma stakeholders are furious about the consultation process the Australian government has pursued with its review of the country’s National Medicines Policy, and they are asking the government to hold off on making any changes until after the federal election that is scheduled for May. Read More

The BioWorld Insider Podcast: Who advises the CDC on big COVID decisions and how’s that working out?

The CDC’s Advisory Committee on Immunization Practices (ACIP) always had a full schedule, but COVID-19 amped it up. William Schaffner, who joined ACIP in 1982, talks with BioWorld's Lee Landenberger about the committee and how it makes the big decisions that affect public health policy. Read More

Appointments and advancements for Feb. 24, 2022

New hires and promotions in the biopharma industry, including: Ammax, Compugen, Diffusion, Open Orphan, Spark. Read More

Financings for Feb. 24, 2022

Biopharmas raising money in public or private financings, including: Ardelyx, Blue Water, Calyxt, HC Bioscience. Read More

In the clinic for Feb. 24, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Alessa. Ayala, Cytokinetics, Epicentrix, Jupiter, Kodiak, Marinus, Orpha, Recce, Relmada, Sirnaomics.

Read More

Other news to note for Feb. 24, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Astrazeneca, Atamyo, Conserv, Endpoint, Grifols. Read More

Regulatory actions for Feb. 24, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Glaxosmithkline, Hightide, Sanofi. Read More

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