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Home » Newsletters » BioWorld

BioWorld

July 8, 2022

View Archived Issues

Despite slow Q2 activity, 2022 deals on top of all recent years

Biopharma deals during the second quarter of 2022 fell short of each of the last two years with 379 completed deals valued at $36.9 billion, but the year is still the strongest to date. Thanks to the record-breaking first quarter, deals in the first half of this year are ahead of all other years, reaching a total value of $93.8 billion, 6.5% more than 2020, the next highest first half. Read More

ADC could bring in $435M in Zynlonta deal with Sobi

In a new licensing deal cut with Swedish Orphan Biovitrum AB (Sobi), ADC Therapeutics SA is getting a $55 million up-front payment and could receive $50 million more upon regulatory approval of Zynlonta (loncastuximab tesirine) in third-line diffuse large B-cell lymphoma by the European Commission. Read More
Gastrointestinal

Qinlock data provide grist in GIST as Theseus follows thread of hope in pan labyrinth

The recent win in Japan by Otsuka Holdings Co. Ltd. subsidiary Taiho Pharmaceutical Co. Ltd. with oral heat shock protein 90 inhibitor Jeselhy (pimitespib) put gastrointestinal stromal tumors (GIST) at center stage. Jeselhy was cleared for GIST cases that have progressed after chemotherapy. A handful of companies line the runway with candidates meant to defeat the resistance that GIST often develops to approved tyrosine kinase inhibitors. Read More

SEC goes after DMD consultant for insider trading

Another biopharma consultant got on the wrong side of the U.S. SEC for insider trading. To resolve the allegations, Hugh Lee Sweeney, a longtime consultant for Catabasis Pharmaceutical Inc., agreed to a cease-and-desist order, disgorgement of $57,931 and prejudgment interest of $2,499.71, and civil penalties of $57,931. Read More
Prostate-cancer-cells

China’s NMPA grants nod to Hengrui’s AR inhibitor for prostate cancer

Jiangsu Hengrui Pharmaceuticals Co. Ltd. plans to expand its androgen receptor inhibitor, rezvilutamide, to markets abroad after getting a thumbs up from China’s NMPA for treating metastatic hormone-sensitive prostate cancer patients with high-volume disease burden. Read More

Appointments and advancements for July 8, 2022

New hires and promotions in the biopharma industry, including: Cantargia, EMD Serono, Haemalogix, Kymera, Neuren, Ubiquigent. Read More

Financings for July 8, 2022

Biopharmas raising money in public or private financings, including: Provention. Read More

In the clinic for July 8, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Akari, Alterity, Alvotech, Amryt, Biohaven, Calithera, Cytomx, Diamyd, Intercept, Legend, Radius, Sellas, Sunho. Read More

Other news to note for July 8, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Abbvie, Absci, Adverum, Coagulant, Elicio, Exelixis, Galmed, Insilico, Nicox, Portage, Ryvu, Spexis, Tarus, Tenaya. Read More

Regulatory actions for July 8, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Adverum, Annovis, Bausch + Lomb, Clovis, Diamedica, Innocare, Pfizer, Xortx. Read More

Money raised by biopharma: 2022 vs. 2021 vs. 2020 vs. 2019

Total raised in public, private and other financings of biopharma companies, comparing 2022 vs. 2021 vs. 2020 vs. 2019. Read More

Biopharma money raised: Jan. 1-July 7, 2022

Year-to-date money raised in public, private and other financings of biopharma companies. Read More
Hand holding IPO, financial icons

Biopharma money raised by month in 2022 (US$M)

Biopharma money raised to-date and by month in 2022, including public, private and other financings. Read More

BioWorld and Nasdaq stock indices

These graphs compare the performance of the biotech stocks for all of 2022 using the BioWorld Stock Indicator and the Nasdaq Biotech Index. Read More

Biggest gainers and losers for the week of July 5-8, 2022

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

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