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BioWorld - Wednesday, February 25, 2026
Home » Newsletters » BioWorld

BioWorld

Feb. 28, 2023

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Seniors with wooden puzzle

Aptinyx stumbles in phase II, halts trials, ponders alternatives

A shortage of efficacy compared to placebo in a phase II study of treating cognitive impairment has put Aptinyx Inc. on the defensive. The company’s oral, small-molecule NMDA receptor modulator, NYX-458, was being studied in 99 patients with mild cognitive impairment or mild dementia associated with Parkinson’s disease or Lewy body dementia. Based on the results, Aptinyx has decided to stop the therapy’s development, along with closing its phase IIb study of another oral, small molecule, NYX-783, for treating post-traumatic stress disorder. Read More

Alpha player in gamma delta, TC Biopharm targets AML

If clinical efforts pan out, gamma delta T-cell specialist TC Biopharm plc could plant the space’s first U.S. regulatory flag. Founded 10 years ago, the Glasgow, U.K.-based firm is marching ahead with phase IIb work testing main asset Omnimmune, an allogeneic unmodified cell therapy, in acute myeloid leukemia (AML). Read More
DNA in drug capsules

New era in genetic medicines beckons as Aera arrives on scene

Armed with $193 million in combined series A and B rounds, Aera Therapeutics aims to address current challenges with delivering gene-based therapies via a self-assembling human-derived protein platform it has in-licensed from a well-known Harvard scientist’s lab. Read More

Health Canada lays out the rules for psychedelics in treatment

In light of the growing interest in the use of psilocybin, MDMA and other psychedelics in psychotherapy, Health Canada issued a notice spelling out how licensed providers can obtain the drugs through the agency’s special access program on a case-by-case basis.  Read More
Eye illustration

Eluminex raises $40M series B for biosynthetic cornea, ophthalmology pipeline

Ophthalmic startup Eluminex Biosciences Ltd. closed a $40 million series B round to progress its pipeline of ophthalmic assets and recombinant human collagen technology. Eluminex’s pipeline includes multi-targeted antibody molecules for vision-threatening retinal diseases and an oral small molecule for rare inherited pediatric retinal dystrophies, but its lead asset, EB-301, is a biosynthetic cornea derived from recombinant human type III collagen. Read More

Biocytogen out-licenses bispecific antibody to Chipscreen in ¥596M deal

Biocytogen Pharmaceuticals Co. Ltd.’s wholly owned subsidiary, Eucure Biopharma Co. Ltd., licensed exclusive greater China rights to YH-008 to Chipscreen Biosciences Co. Ltd. in a ¥596 million (US$86 million) deal. Chipscreen subsidiary, Chipscreen Newway Biosciences Co. Ltd., will develop and commercialize the bispecific antibody in mainland China, Hong Kong, Macau and Taiwan. Read More

Appointments and advancements for Feb. 28, 2023

New hires and promotions in the biopharma industry, including: Argenx, Enveric, Frontier Medicines, Korro, Longeveron, Sutro. Read More

Financings for Feb. 28, 2023

Biopharmas raising money in public or private financings, including: Apellis, Aprea, Contrafect, Oricell, Travere, Verismo. Read More

In the clinic for Feb. 28, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Blueprint, Celldex, Chiesi, Clene, Elpiscience, Evelo, Hutchmed, Imunon, Levation, Maze, Mitsubishi Tanabe, Nexcella, Sanofi. Read More

Other news to note for Feb. 28, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Adamis, Amarin, Catalyst, CSL, DMK, GC, Pfizer, Redhill, Sunshine, Tempus, Tevard, Theravance, Vertex. Read More

Regulatory actions for Feb. 28, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Abbvie, Amo, Asklepios, Biophytis, Glaukos, Orchard, PDS, Priothera, Replimune, Springworks. Read More

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