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Home » Newsletters » BioWorld

BioWorld

July 13, 2023

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Cost Plus website-Brenzavvy

Theracosbio getting ‘zavvy’ to lower drug prices

Showing that much lower brand prices are possible, even in the U.S., Theracosbio Inc. announced July 13 that its diabetes drug, Brenzavvy (bexagliflozin), is coming to the U.S. market through the Mark Cuban Cost Plus Drug Co. at a monthly price that’s less than the copay most patients have to pay for other drugs in the class. A new molecular entity approved in January to improve glycemic control in adults with type 2 diabetes, Brenzavvy is an oral, once-daily sodium-glucose cotransporter 2 (SGLT2) inhibitor that will be available through Cost Plus Drugs with a monthly price tag of $47.85, plus shipping and handling. A 30-day supply of other SGLT2 inhibitors costs hundreds of dollars, with some approaching $600 a month. Read More

Surf’s not up? First Wave phase II ‘likely’ missed efficacy endpoint

First Wave Biopharma Inc. is taking apart the top-line data from its phase II study of adrulipase for treating nutrition deficiencies in cystic fibrosis patients and seems unsure exactly what it found. The company said that while the initial data found the enhanced enteric microgranule delivery formulation of adrulipase was safe, well-tolerated and was an improvement over other formulations, the preliminary data also indicate that “it is likely the primary efficacy endpoint was not achieved.” Read More
Multiple sclerosis, neurons concept art.

Ocrevus grievous for TG in MS? Roche wins with subcu version

Although shares of TG Therapeutics Inc. took a hit on word of positive phase III data in multiple sclerosis (MS) from competitor Genentech, a unit of Roche Holding AG, the results may not end up affecting much the market showdown between the CD20 players. Read More
BIX Korea panel

BIX Korea: Leqembi may be overpriced, but it’s worth the fight, experts say

Questionable efficacy, high priced and risky side effects are some words to describe Leqembi (lecanemab), the latest amyloid beta-targeting antibody approved by the U.S. FDA, Korean experts said, but none of that diminishes the profound significance of the drug for Alzheimer’s disease. Read More
Scientific figure illustrating astrocytes and neuron synapse

Glial cells get all-too-rare star turn at biannual meeting

In brain research, be it basic or clinical, neurons have long hogged the limelight. But at the 2023 European Meeting on Glial Cells in Health and Disease, neurons take a back seat to glia – cell types that have often been described as support cells and treated as an afterthought, but that play critical roles in all aspects of brain function, including information processing. Read More
Bladder

EG 427 advances toward clinic with HSV-based gene therapy for overactive bladder

EG 427 SAS has added a further a further €5 million (US$5.6 million) to its series A, closing the round at €18 million and setting the stage for the first clinical trial of a gene therapy in the treatment of a chronic disorder. Read More

China approves Daiichi Sankyo/Astrazeneca’s Enhertu for HER2 low metastatic breast cancer

China’s NMPA approved Daiichi Sankyo Co. Ltd. and Astrazeneca plc’s Enhertu (fam-trastuzumab deruxtecan) as the first HER2-directed therapy for patients with HER2-low metastatic breast cancer. Read More

Appointments and advancements for July 13, 2023

New hires and promotions in the biopharma industry, including: Abionyx, AI, Capricor, Cellectis, Hutchmed, Rarebase, Sisaf. Read More

Financings for July 13, 2023

Biopharmas raising money in public or private financings, including: 60 Degrees, Bicycle, Molecular Templates, Savara. Read More

In the clinic for July 13, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Achieve, Direct, George, Incyte, Leap, Sciwind. Read More

Other news to note for July 13, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Aeon, Astrazeneca, Kamada, Kedrion, Lianbio, Solve FSHD. Read More

Regulatory actions for July 13, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Aridis, Astrazeneca, Beigene, Daiichi, Junshi, Takeda, Therapeutic Solutions. Read More

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