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Home » Newsletters » BioWorld

BioWorld

July 3, 2023

View Archived Issues
Xray showing lung cancer on tablet

Astrazeneca, Daiichi won’t cop to TROP2 grade 5s; OS data from phase III yet to emerge

The trophoblast cell surface antigen 2 (TROP2) class chalked mix news by way of Astrazeneca plc and Daiichi Sankyo Co. Ltd. as the pair disclosed phase III data from the closely watched Tropion-Lung 1 trial with datopotamab deruxtecan (dato-dxd) against non-small-cell lung cancer. Read More

Industry not placated by changes to US negotiations guidance

In releasing a revised guidance June 30 detailing the requirements of the new Medicare Drug Price Negotiation Program, the U.S. Centers for Medicare & Medicaid Services addressed some of the issues raised in recent constitutional challenges to the guidance and the underlying negotiation provision in the Inflation Reduction Act. Read More
Multiple myeloma illustration

Innovent-Iaso first to finish line in China for multiple myeloma CAR T therapy

Nanjing Iaso Biotherapeutics Co. Ltd. and Innovent Biologics Inc. said on July 2 they gained China NMPA approval for the first self-developed and in-house manufactured CAR T therapy Fucaso (equecabtagene autoleucel) to treat relapsed or refractory multiple myeloma. Read More
Website of The Federal Trade Commission

FTC proposes to drastically broaden scope of inquiry into proposed mergers

The U.S. Federal Trade Commission (FTC) has proposed to expand the volume and type of information it will require of companies seeking to merge with competitors, a move the agency said is predicated in part on concerns about the influence of non-U.S. entities in American markets. Whatever one thinks of the justifications, this proposal would not only dramatically expand the volume of data required of those who propose to merge with other companies, but also add a large volume of work to agency staff at a time when the FTC is complaining that it lacks the resources to do its job. Read More
Antibody pic

Haemalogix’s Kappamab hits endpoints in phase IIb myeloma trial

Haemalogix Ltd.’s monoclonal antibody Kappamab met all primary endpoints in a phase IIb trial that combined the MAb with lenalidomide and dexamethasone in kappa-type multiple myeloma patients who had relapsed or become refractory to other treatments. Read More
AI-generated art of people at a dining table on the beach

EAN 2023: Answer to AI’s big data pitfalls is more data

Artificial intelligence (AI) continues to entice. On the exhibition floor at the 2023 Congress of the European Academy of Neurology, one company’s booth featured “Mindart” technology. A passersby could answer a short series of prompts, and get a unique image based on the input made by generative AI. Entertainment aside, medically speaking, AI applications “are still research,” Riccardo Soffietti told his audience at one of several sessions devoted to AI. “But obviously, research is the future.” Read More
Nonprofit stamp

Nonprofit deal value plummets while biopharma grant value holds steady

Both the value and number of reported biopharma nonprofit deals has fallen significantly, being at the lowest amount in the past five years. Compared to the first five months of last year, the value of biopharma nonprofit deals has decreased by about 63%. Meanwhile, money raised via grants has fallen slightly, 6.11%, but is vastly less than the value and number seen in 2020. Read More
Sinotau Pharmaceutical Groups office

Sinotau nets $152M in financing to develop radiopharmaceuticals in China

Sinotau Pharmaceutical Group raised ¥1.1 billion (US$152 million) in a financing round to develop its radiopharmaceutical drugs for diagnostic and therapeutic interventions. Read More

Holiday notice

BioWorld's offices will be closed in observance of Independence Day in the U.S. No issue will be published Tuesday, July 4. Read More

ICYMI: Week in review, June 26-30, 2023

A quick look back at top stories.

Read More

Biggest gainers and losers for June 26-30, 2023

The top 10 biopharma stock gainers and losers for the week. Read More

In the clinic for July 3, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Capricor, Cyclo, Enterome, Genfit, Ipsen, Kyverna, Neuren, Pharmaessentia, PTC, Sanofi Pasteur, SK. Read More

Financings for July 3, 2023

Biopharmas raising money in public or private financings, including: Abeona, Axsome, Exeliom. Read More

Other news to note for July 3, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Abbvie, Alvotech, Amgen, Boehringer Ingelheim, Celltrion, Coherus, Fresenius, Organon, Samsung Bioepis, Sandoz, Shionogi, Tonix, Zymedi. Read More

Regulatory actions for July 3, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Alnylam, Argenx, Biomarin, Drug Farm, Madrigal, Merus, Scisparc, Unicycive, Zai Lab. Read More

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