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Home » Newsletters » BioWorld

BioWorld

Aug. 2, 2022

View Archived Issues
Handshake dollar sign

Back for more: Sosei and Abbvie cut another $1B+ deal

Sosei Heptares and Abbvie Inc. have built on the huge, multitarget deal they cut a little more than two years ago by signing another one. Read More
Grey dollar sign on grey background

Idrx achieves ‘no-escape’ velocity with $122M for combo bid to tackle GIST mutations

Idrx Inc. launched with a $122 million oversubscribed series A round to boost precision drug combinations in cancer, with a first focus on non-PDGFR-driven gastrointestinal stromal tumors (GIST). The Plymouth, Mass.-based firm aims to develop a pairing, potentially with add-ons, powerful enough to handle existing mutations and those that turn up during treatment. Combo therapy attacks “not just the driver mutations, but also the key secondary mutations,” co-founder and CEO Ben Auspitz told BioWorld, and thereby “block every escape route the cancer has.” Read More
Amyloid plaques forming between neurons

AAIC 2022: The BACE1 inhibition comeback

Beta-site APP-cleaving enzyme 1 (BACE1) inhibitors have a long history of failure in patients with Alzheimer’s disease. Clinical development of verubecestat, elenbecestat, lanabecestat, umibecestat, atabecestat and LY-3202626 were all discontinued. The drugs largely showed that inhibiting BACE1 reduced amyloid beta (AB) in both cerebrospinal fluid and plasma, reduced AB plaques on PET scans and reduced phosphorylated tau. Unfortunately, patients had early cognitive worsening, and there were signs of lowering of brain volume and increases in psychiatric adverse events. Read More
China flag and vial

Lepu Biopharma anti-PD-1 antibody receives China’s nod for solid tumors

Lepu Biopharma Co. Ltd. has been given conditional approval by China’s NMPA for its anti-PD-1 monoclonal antibody, Puyouheng (pucotenlimab injection), based on data from a phase II study. The drug was conditionally greenlighted for patients with unresectable or metastatic microsatellite instability-high (MSI-H) or mismatch repair deficient (dMMR) advanced solid tumors. Read More
Disintegrating coronavirus

Cases rise, deaths down, efforts continue in the fight against COVID-19

As omicron subvariants of the SARS-CoV-2 virus take hold, global cases began to rise in the past month, just as the U.S. authorized its fourth COVID-19 vaccine and developers continue their work on a fall booster targeting BA.4 and BA.5. Worldwide deaths have remained lower than each of the last two pandemic years, signaling that the worst is over. It is clear, however, that as current treatments lose their effectiveness and the virus continues to evolve, efforts to contain the virus will be ongoing. Read More
Asia at night from space

Big pharma looks to Taiwan for precision medicine partnerships

Big pharma is increasingly turning to Taiwan to leverage the power of the country’s data and computing power as precision medicine takes center stage in drug development, speakers said during the recent BIO Asia-Taiwan conference in Taipei. Read More

US court: When it comes to patents, numbers don’t count

How many patents does it take to violate U.S. antitrust law? That question isn’t a lead-in to a lame joke. Neither is it a valid question for a patent challenge, according to the U.S. Court of Appeals for the Seventh Circuit, which Aug. 1 affirmed the dismissal of a payer suit against Abbvie Inc. that claimed the North Chicago drug company violated the Sherman Antitrust Act when it obtained 132 patents on Humira (adalimumab) and then invoked them against biosimilars. Read More
Valter Longo, gerontologist, University of California

Extending the human lifespan: When big dreams meet big money, can science stay first-rate?

In the biopharma industry, the sirtuins have been a cautionary tale of some of the challenges in translating aging research. Research in the early aughts suggested that activating them could extend lifespan, and the spectacular rise of sirtuin activators crested in 2008, when GSK plc bought preclinical startup Sirtris Pharmaceuticals Inc. to the tune of $720 million, only to shutter it a few years later. But the hopes attached to sirtuin activators have not panned out. Read more in part seven 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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Appointments and advancements for Aug. 2, 2022

New hires and promotions in the biopharma industry, including: Astellas, Avectas, Cure, Evaxion. Read More

Financings for Aug. 2, 2022

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

In the clinic for Aug. 2, 2022

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Agenus, Aileron, Amphera, Bioinvent, Concert, Cymabay, Evofem, Eyepoint, Hutchmed, Immutep, Innate, Innovent, Syneurx, Verrica, Vivoryon. Read More

Other news to note for Aug. 2, 2022

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Greenlight, Qualigen, Scisparc, Stealth, VBL. Read More

Regulatory actions for Aug. 2, 2022

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Alx, Arcutis, Armata, Beam, Biosight, Celyad, Eccogene, Eledon, Gamida, Janssen, Krystal, Pharming, Scynexis, Veru, Zenas. Read More

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