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Home » Newsletters » BioWorld

BioWorld

June 23, 2023

View Archived Issues
drug-prices-open-capsule-dollar-sign.png

Sarepta sets a $3.2M price tag for Elevidys

Sarepta Therapeutics Inc. has set the wholesale acquisition cost of the first gene transfer therapy for ambulatory patients with Duchenne muscular dystrophy at $3.2 million, making it one of the most expensive gene therapies. The company said the gross-to-net price for Elevidys (delandistrogene moxeparvovec) will be in the mid-20% range, which, suggests Mizuho Group analyst Uy Ear, would put the price at about $2.4 million. Read More

Intercept quits NASH on second CRL

Intercept Pharmaceuticals Inc.’s second attempt to score an expanded U.S. FDA approval of its farnesoid X receptor agonist, obeticholic acid, in patients with non-alcoholic steatohepatitis (NASH) went the way of the first, with the agency issuing another complete response letter (CRL), prompting the company to drop all NASH-related investment and cut a third of its workforce. Read More
Digital handshake

Aslan signs $138.5M licensing deal with Zenyaku for atopic dermatitis drug eblasakimab in Japan

Aslan Pharmaceuticals Pte Ltd. said it inked a licensing deal with Zenyaku Kogyo Co. Ltd. for its atopic dermatitis-targeting monoclonal antibody, eblasakimab, that could reach $138.5 million in up-front and milestone payments. Read More

Research forges on by Soleno, Harmony, others; does Destiny hold a way to feed hunger for new PWS drug?

A recent population study in Morocco reinforced the importance of early diagnosis in handling – at best physicians can – Prader-Willi syndrome (PWS) and served, at least indirectly, to remind investors of the potentially lucrative space, where the lone drug labeled for the indication is a growth hormone. Read More
Cancer-stem-cells

IPSirius targets cancer stem cells with iPSC-based vaccine

IPSirius SAS, an early stage French immuno-oncology firm, hopes to obtain a clinical trial authorization from the U.K.’s Medicines and Healthcare Regulatory Products Agency next year, to enable it to move its novel therapeutic cancer vaccine into a first-in-human trial in patients with non-small-cell lung cancer. Read More

Healios, Sumitomo begin phase I/II trial of allogeneic iPS cells in retinal pigment epithelium tears

Japan’s Pharmaceutical and Medical Devices Agency has cleared Healios K.K. and Sumitomo Pharma Co. Ltd. to begin a phase I/II study of HLCR-011, which is composed of retinal pigment epithelial (RPE) cells derived from allogeneic induced pluripotent stem cells (iPS) in patients with RPE tear. Read More

Appointments and advancements for June 23, 2023

New hires and promotions in the biopharma industry, including: Acrivon, Altpep, Apogee, Bicycle, Parexel, Regulus. Read More

Financings for June 23, 2023

Biopharmas raising money in public or private financings, including: Apogee, Calidi, Disc, Relief. Read More

In the clinic for June 23, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Alzamend, Aptorum, Biocity, Compugen, Horizon, Hyloris, Ideaya, Inhibikase, Inmed, Invivyd, Jasper, Madrigal, Memo, Palleon, Reviva, Roivant, Seelos, Sellas, Tvardi, Vaxxinity. Read More

Other news to note for June 23, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Acasti, Bavarian, Cimeio, Nephrodi, Prime, Zucara. Read More

Regulatory actions for June 23, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Atyr, Cidara, GSK, Kite, Kymera, Mindset. Read More

Money raised by biopharma

Total raised in public, private and other financings of biopharma companies, comparing 2023 vs. 2022 vs. 2021 vs. 2020 vs. 2019. Read More

Biopharma money raised: Jan. 1-June 22, 2023

Year-to-date money raised in public, private and other financings of biopharma companies. Read More

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