Nanobiotix SA has landed Johnson & Johnson Inc. subsidiary Janssen Pharmaceutica NV as commercialization partner for NBTXR-3, a radioenhancer for boosting the effectiveness of standard radiotherapy, in a deal worth up to $1.86 billion for the initial indications. That headline figure covers current programs in head and neck cancers and lung cancers. There is the potential for Nanobiotix to earn up to $650 million more if Janssen decides to pursue up to five new indications that it will select, while for new indications that Nanobiotix selects to develop in alignment with Janssen, Nanobiotix will receive up to $220 million per program. Read More
Extending its efforts in the booming antibody-drug conjugate (ADC) space, Beigene Co. Ltd. tapped Duality Biologics Co. Ltd. in a deal that could be worth a potential $1.3 billion, picking up an option for rights to a preclinical-stage ADC candidate targeting select solid tumors. It marks the seventh $1 billion-plus ADC-focused deal so far in 2023 and the second for Dualitybio, which inked a potential $1.7 billion deal in April. Read More
Finding ways to turn “cold” tumors “hot” remains an ambition pursued by drug developers with differing approaches – combination regimens hold particular appeal – and one up-and-comer in the effort that has gained the notice of Wall Street lately is Carisma Therapeutics Inc. Philadelphia-based Carisma is advancing CT-0508, an autologous HER2-targeted CAR-macrophage therapy in phase I, used alongside Keytruda (pembrolizumab), the PD-1 receptor binder from Merck & Co. Inc. Read More
China’s Center for Drug Evaluation and South Korea’s Ministry of Food and Drug Safety cleared Transcenta Holdings to begin phase III pivotal trials of osemitamab (TST-001) in combination with nivolumab and chemotherapy for first-line treatment of HER2-negative, Claudin 18.2 expressing locally advanced or metastatic gastric or gastroesophageal cancer. Read More
Institutional investors are not in the market for now, but a survey of 104 firms on both sides of the Atlantic shows all but 6% have an interest in psychedelic medicines. However, only 23% say they are “very likely” to invest in the sector in the future, whilst the majority are sitting on the fence. Read More
New hires and promotions in the biopharma industry, including: Eyepoint, MBX, Normunity, Opthea, Recode, Replicate, Resolution, Switch, Voyager. Read More
Clinical updates, including trial initiations, enrollment status and data readouts and publications: Axsome, Biorestorative, Brainstorm Cell. Read More
Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Biosenic, BMC, Camp4, Elsie, FSD, Fulcrum, Genethon, GSK, Hillstream, Innovent, Maxcyte, Melinta, Novartis, Novavax, Novo Nordisk, Nymox, Paratek, Remegen, Vittoria. Read More
Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: 28 Bio, Bioarctic, Epicentrx, Ichnos, Ips Heart, NS, Transcenta. Read More
