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Home » Newsletters » BioWorld

BioWorld

July 20, 2023

View Archived Issues
Handshake with DNA, molecules

Recludix enters a potential $1.2B deal with Sanofi

Dismissed as undruggable in the early 2000s, Src homology 2 domains are now viable and at the heart of Recludix Pharma Inc.’s new deal with Sanofi SA’s U.S. unit. The two will collaborate on developing and commercializing treatments for immunological and inflammatory diseases. In the near term, Recludix will get $125 million, but long term it could add up to $1.2 billion in milestones. Recludix could also bring in up to double-digit royalties on possible future product sales. Read More

Flu off the handle: HBV prospects to temper Vir’s phase II bust?

Vir Biotechnology Inc. said it won’t be discussing further the phase II data from the influenza A prevention study called Peninsula until the company’s second-quarter earnings update Aug. 3, and a closer look at the results has yet to decide the fate of monoclonal antibody VIR-2482, which missed its primary and secondary endpoints. Read More
brain-stroke.png

Stroke of luck for Idorsia and failing GPCR drug Pivlaz as Sosei Heptares offers $463M

Sosei Heptares is fulfilling its ambition for growth in the Asia-Pacific region by buying the Japanese and South Korea businesses of Swiss biotech Idorsia Ltd. for ¥65 billion (US$463 million), potentially freeing Idorsia from its struggle to prove its stroke drug, Pivlaz (clazosentan), is effective enough to warrant approval in key Western markets. Read More

Bipartisan HELP preparedness bill inches open door to prizes, not patents

A day after a U.S. House committee, on a party-line vote, advanced two bills to reauthorize emergency preparedness programs, the Senate Health, Education, Labor and Pensions (HELP) Committee voted 17-3 July 20 to send its bipartisan reauthorization of the Pandemic and All Hazards Preparedness Act to the Senate floor with a do-pass recommendation. Read More
Lungs and bronchi

Insilico progresses AI-discovered drug to phase II trials in idiopathic pulmonary fibrosis

Artificial intelligence (AI) drug discovery specialist Insilico Medicine Inc. is progressing INS018-055, its lead compound to phase II trials for idiopathic pulmonary fibrosis, a chronic lung disease that results in progressive and irreversible decline in lung function. Read More

The BioWorld Insider Podcast: Biosimilars challenge to Humira revs up

A lot of biosimilar sponsors and wannabes are watching as the biosimilar competition in the U.S. unfolds to challenge the all-time biggest-selling drug, Humira from Abbvie Inc. In this episode, BioWorld Regulatory Editor Mari Serebrov and Tom Newcomer, vice president and head of U.S. market access at Samsung Bioepis, discuss the biosimilars landscape. Read More

Appointments and advancements for July 20, 2023

New hires and promotions in the biopharma industry, including: Acrivon, Creyon, Longeveron, Trevena, Triumvira. Read More

Financings for July 20, 2023

Biopharmas raising money in public or private financings, including: Gossamer, Mage, Tillotts, TVM. Read More

In the clinic for July 20, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Armgo, Emergex, Faron, Hansa, Kintor, Merck & Co., Recce, Telix, Zai, Zambon. Read More

Other news to note for July 20, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Biontech, Biotheus, CASI, Circle, Cleave, Elgan, Eliem, Vitrivax. Read More

Regulatory actions for July 20, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Ambrx, Aqualung, Bloomsbury, Fosun, Hoth, Mabwell, Qihan, Sensorion. Read More

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