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Home » Newsletters » BioWorld

BioWorld

July 26, 2022

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Manu Chakravarthy, chief medical officer and head of R&D, Carmot Therapeutics

Carmot closes $160M series D to advance metabolic disease candidates

Carmot Therapeutics Inc. has raised $160 million in series D financing to support a trio of early to midstage clinical programs focused on treating diabetes and obesity with peptide-based small-molecule incretin receptor modulators. Read More

Neurofront picks up option to in-license Novaremed non-opioid neuropathic pain drug

Neurofront Therapeutics Ltd. has picked up an option to acquire exclusive Asia rights to a phase II non-opioid drug from Novaremed AG. Under terms of the deal, Novaremed is eligible to receive more than $130 million in option and exercise fees as well as development, regulatory and sales milestone payments plus royalties on net sales. Read More
Japanese shield and coronavirus

Shionogi’s COVID-19 antiviral pill fails again to impress MHLW panel for conditional approval

An expert panel of Japan’s Ministry of Health, Labour and Welfare (MHLW) pushed back on recommending conditional approval for a second time for Shionogi & Co. Ltd.’s orally administered COVID-19 antiviral 3CL protease inhibitor, S-217622, also known as ensitrelvir. Read More

US appeals court denies copay help for only treatment for rare heart disease

Although Pfizer Inc. has the only drugs approved in the U.S. to treat a rare, progressive heart disease, the U.S. Court of Appeals for the Second Circuit agreed this week with the Department of Health and Human Services, and a lower court, that Pfizer’s proposed copay assistance program for middle-income Americans covered by Medicare would violate the federal Anti-Kickback Statute – even if the company has no “corrupt” intent. Read More
Child feet

Voxzogo counterblow from Bridgebio? ACH therapy could rise to new heights

Wall Street apparently wants to see longer-term data from Bridgebio Pharma Inc. with oral infigratinib in children with achondroplasia (ACH) before deciding about the drug’s chances against the approved therapy Voxzogo (vosoritide) from Biomarin Pharmaceutical Inc. Read More
FDA-approved-stamp5.png

FDA approvals down by 20%

The U.S. FDA has approved fewer drugs and biologics in the first half of 2022 than in each of the five prior years and only one new molecular entity has received clearance since the end of May. While the volume of regulatory news is slightly down from last year, FDA approvals are showing a much deeper decline of 19.8%. Read More
Hourglass, sunset, silhouettes

Extending the human lifespan: Investments in lifespan-extending drugs, number of clinical trials are growing

There is no drug that will halt the inevitable process of getting older each year. But biopharmaceutical research can have a positive impact on preventing diseases that come with aging, thereby extending life for the masses, and more importantly, extending quality of life. Part one of BioWorld’s multipart series on extending the human lifespan looks at the increasing development and investment in the space. 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.  

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Calling all BioWorld subscribers!

Please take a few minutes to fill out this short survey to help us provide you with the best possible source of news. Customer feedback is critical so that we can make BioWorld a valuable component of your daily workflow. We want to continue to evolve to serve you. The survey should take just 5 minutes. You can click through to the questions here. Read More

Appointments and advancements for July 26, 2022

New hires and promotions in the biopharma industry, including: Affini-T, Allakos, Apollomics, Aviceda, Circle, Cyclerion, Entera, Nkarta, Organicell, Pleco, Purespring, Ryvu, Scribe, Synaptogenix, Xequel. Read More

Financings for July 26, 2022

Biopharmas raising money in public or private financings, including: Galectin, Inozyme, Intrinsic, Iveric, Legend, Revelation, Vtv. Read More

In the clinic for July 26, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Aligos, Ashvattha, Inmed, Nanoscope, Philogen, Revelation, Revive, Sling.

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Other news to note for July 26, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Altamira, Cantargia, Cinrx, Iama, Ginkgo, Navidea, Pluristem, Pluri, Psychogenics, Sanofi, Rona, Serb, Soligenix, Vtv and Zymergen. Read More

Regulatory actions for July 26, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Astrazeneca, B.More, Bridgebio, Hookipa, Lepu, Matinas, Medexus, Qbiotics, Veru. Read More

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