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Home » Newsletters » BioWorld

BioWorld

July 28, 2022

View Archived Issues
Antibody-drug conjugate

CSPC grants Elevation Oncology global rights to ADC drug in $1.2B deal

Elevation Oncology Inc. has picked up the global rights to SYSA-1801, an anti-Claudin 18.2 antibody-drug conjugate (ADC) candidate, from CSPC Megalith Biopharmaceutical Co. Ltd. in a deal worth up to $1.195 billion. Under the terms, Elevation gets rights to develop and commercialize SYSA-1801 outside of mainland China, Hong Kong, Macau and Taiwan. Read More
Test tubes, dropper and capsules

Struggling biopharma stocks swim toward the surface

After bottoming out at the end of May, BioWorld’s Drug Developers Index is making a slow, tedious climb back upwards. The index was down 23.18% for the year as of July 27, which is better than where it was at the end of each of the three prior months. It is following the same curve as the Nasdaq Biotechnology Index and the Dow Jones Industrial Average, which are down by 16.47% and 11.39%, respectively. Read More
Money-financing

Vicinitas induces proximity to rub a DUB in cancer, genetic disease; sponges up $65M series A

The $65 million series A money banked by Vicinitas Therapeutics Inc. will boost efforts with the company’s Deubiquitinase Targeting Chimera (DUBTAC) platform, developed by way of an academic-industry research collaboration between the Novartis Institutes for Biomedical Research and researchers at the University of California, Berkeley. Read More

Taiwan can help biopharma use data more smartly to keep innovation moving

Keeping innovation growing at a fast clip while retaining new global supply chain capacity built up during the pandemic were the main topics of discussion at the Bio Asia-Taiwan conference July 27 in Taipei. With the theme of the conference, “Connecting the Asia Value Chain,” Taiwan Vice President Ching-Te Lai said the pandemic has demonstrated Taiwan’s resilience as well as the strength of the global biopharma industry. Read More
cancer-dna-diagnostic.png

CTPS1-targeted research takes big Step with start of clinical study

After an eight-year odyssey, the first cytidine triphosphate synthase 1 (CTPS1) inhibitor has entered the clinic, with Step Pharma SAS announcing it has simultaneously begun studies in the U.S. and the U.K. The phase I/II trial is assessing Step’s lead program, STP-938, in relapsed/refractory B- and T-cell lymphomas, with the first U.S. site opening for enrollment this week. Read More
regulatory-washington-us-flag.png

Senator to Abbott, Merck: Stop ‘stonewalling’ on US tax probe

While the U.S. Senate Finance Committee is ostensibly investigating how big pharma is using the 2017 tax changes to avoid paying its fair share of U.S. taxes, at least one medical device company has been drawn into the probe and is being scolded for not cooperating. Read More
An adaptation of Gustav Klimt's "The Three Ages of Woman"

Extending the human lifespan: Preventing worse inequities

Aging is surprisingly dichotomous. Genetic studies suggest that in fruit flies and mice, the gene sets that affect male and female longevity are mostly distinct. And a lopsided amount of what’s known about aging comes from the study of – wait for it – males. Read part three of BioWorld’s multipart series on extending the human lifespan. 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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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 28, 2022

New hires and promotions in the biopharma industry, including: Grey Wolf, Prime Medicine, Septerna, Smart Immune, Terns, Vigil, Voyager. Read More

Financings for July 28, 2022

Biopharmas raising money in public or private financings, including: Addex, Allovir, Apellis, Biofrontera, Bridgene, Enveric, Kiora, Legend, Lexicon, Maia, Nuvectis, Sengine, Theratechnologies. Read More

Other news to note for July 28, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: 180, Abcellera, Aim, Akari, Alnylam, Altamira, Angion, Artizan, Assembly, Aurinia, Microviable, Pharmacyte, Spexis Sun, X4, Zyversa. Read More

Regulatory actions for July 28, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Lexicon, MBX, Novartis, Soligenix, Veru. Read More

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