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Home » Newsletters » BioWorld

BioWorld

July 21, 2022

View Archived Issues
dollar sign dropper

Keeping busy, Verve does a $500M deal with Vertex

Verve Therapeutics Inc. has packed a lot into the past few weeks. The latest is a four-year research deal with Vertex Pharmaceuticals Inc. to find and develop an in vivo gene editing program for an undisclosed liver disease. Vertex will pick up the tab for program costs as Verve does the preclinical R&D. Verve is getting an up-front $60 million from Vertex, along with a $35 million equity investment. Read More

Neurological stocks climb, but are still down; FDA decision on MDD drug nears

As neurological disease stocks begin to move in the right direction, and a potential U.S. FDA approval nears for a major depressive disease drug, shares are still down by 11.68% this year. BioWorld’s Neurological Diseases Index is following a similar path as the Nasdaq Biotechnology Index (NBI), which hit bottom at the end of May and has begun to climb since then. Still, NBI is down 15.92% this year, while the Dow Jones Industrial Average is down 12.41%. Read More

Last gasp for Mesoblast’s rexlemestrocel-L in chronic heart failure?

Stem cell therapy company Mesoblast Ltd. said that for patients with chronic heart failure with reduced ejection fraction, treatment with rexlemestrocel-L, its allogeneic product candidate, resulted in greater improvement in a prespecified analysis of left ventricular ejection fraction at 12 months relative to controls in the phase III DREAM-HF trial. Read More
U.K. flag and capsules

UK competition watchdog fines Pfizer and Flynn Pharma £70M for gouging epilepsy drug price

The U.K.’s competition watchdog has found that a subsidiary of Pfizer Inc. and a generics firm jacked up the price of a life-saving epilepsy drug by up to 2,600%, fining them a total of £70 million (US$83.72 million). The Competition and Markets Authority’s decision is part of a long-running dispute against subsidiary Pfizer Ltd. and the generics firm Flynn Pharma Ltd. Read More
Respiratory syncytial virus, 3D illustration

Vicebio emerges from stealth with revamped molecular clamp vaccine platform

The technology behind one of the most high profile COVID-19 vaccine development programs has been re-engineered to correct a design fault and now forms the basis of newco Vicebio Ltd. The London-based company has shown its face for the first time following its founding in 2019 around molecular clamp technology from the University of Queensland, Australia. Read More

Convalife acquires global rights to PI3K β/δ inhibitor from Karus

Convalife Pharmaceuticals Co. Ltd. acquired global rights to develop and commercialize a phosphoinositide 3-kinase (PI3K) β/δ inhibitor from Karus Therapeutics Ltd. Read More

Future of two cancer drugs on the line at upcoming ODAC meeting

Continuing its evaluation of cancer drugs already on the U.S. market, the FDA will convene its Oncologic Drugs Advisory Committee (ODAC) Sept. 22 and 23 to consider two more approved drugs – Oncopeptides AB’s Pepaxto (melphalan flufenamide) and Secura Bio Inc.’s Copiktra (duvelisib). Read More
FDA-sign.png

US FDA churns out more draft guidance

As part of its drug competition action plan, the U.S. FDA issued a draft guidance on the evaluation of therapeutic equivalence. Read More

Russia looks to expand its influence through health care

Citing “the current political conditions,” Russian Minister of Health Mikhail Murashko laid out ways for Russia to strengthen its international role in the health care sector, including the development of innovative radiopharmaceuticals. Read More

More guilty pleas in clinical trial fraud

Two study coordinators at the Miami-based Tellus Clinical Research Inc. pleaded guilty July 20 in connection with a conspiracy to falsify data in trials evaluating treatments for medical conditions including opioid dependency, irritable bowel syndrome and diabetic nephropathy. Read More
Human aging illustration

Extending the human lifespan

In this multipart special report, BioWorld explores the concept of extending lifespan, which is surprisingly well-validated by basic research. The team examined the latest science, the key biological drivers that can be targeted pharmacologically and the companies developing these potential “Fountain of Youth” candidate drugs. Read More

The BioWorld Insider Podcast

In Extending the human lifespan, a BioWorld special report, the team examined the latest science, the key biological drivers that can be targeted pharmacologically and the companies developing potential “Fountain of Youth” candidate drugs. In this episode of the BioWorld Insider Podcast, the team discussed the report’s highlights and key takeaways.  

Read More

Appointments and advancements for July 21, 2022

New hires and promotions in the biopharma industry, including: Opus Genetics, Relmada. Read More

Financings for July 21, 2022

Biopharmas raising money in public or private financings, including: 180, Bellus, Organicell, Revolution, Zynerba. Read More

In the clinic for July 21, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: ADC, Adial, Algernon, Alvotech, Astrazeneca, Aytu, Cardior, Daiichi, Gensight, George, Hyloris, Immunomic, Inozyme, Ionis, Kowa, LB, Medikine, Merck & Co., Mesoblast, Protokinetix, Regulus, Sanofi, Siolta, Shionogi, Skye, Synaptogenix, Vaxart, VBL, Yuyu.

Read More

Other news to note for July 21, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Awakn, Daiichi Sankyo, F-star, Gilead, Bluebird, Manhattan, Pharmacyte, Portage, Propanc, Regulus, Sanofi, Seagen, Starpharma, Takeda, Teva, Tris. Read More

Regulatory actions for July 21, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Ascentage, Belite, Celcuity, Daewoong, Eiger, Genmab, Karyopharm, Novavax, Oncopeptides, Peptilogics, Poolbeg, PTC, Qu, Rheos, Rhythm, Samsung, Soleno, Sorrento, Vivus, Wugen. Read More

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