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Home » Newsletters » BioWorld

BioWorld

July 28, 2023

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M&A cityscape

Biogen brings FA drug into the fold with $7.3B Reata acquisition

In the second-biggest M&A deal so far in 2023, Biogen Inc. plans to acquire Reata Pharmaceuticals Inc. for an enterprise value of about $7.3 billion. Read More

TURBT turnabout? DoR wide open for Urogen in bladder cancer after two phase III trials hit mark

Investors will have to wait for durability of response (DoR) data from Urogen Pharma Ltd.’s phase III Envision study with UGN-102 (mitomycin intravesical solution) in low-grade, intermediate-risk, non-muscle invasive bladder cancer, but urologists already characterize what’s available so far from that study, as well as Atlas – another late-stage experiment – as practice-changing. Read More
HIV infected cell

IAS 2023: Broadly neutralizing antibodies bring potential cure for HIV closer (part 2)

Broadly neutralizing antibodies (bNAbs) have the potential to prevent HIV, and more researchers are turning to bNAbs as an alternative to antiretroviral therapy (ART), speakers said during the International AIDS Society meeting held July 23 to 26 in Brisbane, Australia. Read More
Adlai Nortye

Aggressive licensor, cancer-focused Adlai Nortye files for US IPO

Hangzhou and New Jersey-based cancer biotech Adlai Nortye Ltd. – formerly Hangzhou Nuotai Pharmaceutical Co. Ltd. – announced plans to list on Nasdaq with its U.S. IPO filed on July 27. Read More
newco-seedling.png

Artbio raises $23M to advance lead-based radioligand therapies for prostate cancer

The radiopharmaceuticals field is gaining traction as companies realize that by harnessing the power of radioactive atoms, they can create targeted and more effective cancer drugs which cause less damage to healthy tissues. As a result, competition for a place as a leading radiopharma firm is high, and the market is estimated to reach $11.5 billion by 2027. Read More
Clinical trial virtual display

Merck leads in 1H23 clinical trial updates; percentage of COVID-19 therapies continues decline

Clinical data in the first half of 2023 is up 1.51% compared to the same time period last year. So far in 2023 BioWorld reported on 1,810 drugs in phase I-III, compared to 1,783 in the first half of 2022. The number of trial updates is down 13.6% from the 2,095 in 2021, but more than 2020’s 1,799 and 2019’s 1,477. 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-July 27, 2023

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

Appointments and advancements for July 28, 2023

New hires and promotions in the biopharma industry, including: Astrazeneca, Invivyd, Lexicon, Navidea, Okyo, Plus, Vaxxinity. Read More

Financings for July 28, 2023

Biopharmas raising money in public or private financings, including: Inozyme, Mendus, Tonix. Read More

In the clinic for July 28, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Aquestive, Astrazeneca, Avenue, Checkpoint, Daiichi Sankyo, Disc, Eli Lilly, Eyepoint, Glyscend, Lipocine, Maat, Merck & Co., Mersana, Newamsterdam, Synthekine Takeda, Telavant, Tonix, Urogen. Read More

Other news to note for July 28, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alexion, Biontech, Evotec, Homology, Pfizer, Sanofi. Read More

Regulatory actions for July 28, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Akari, Astrazeneca, Biohaven, Cessation, Defender, Jiangsu Recbio, Krystal, Precision. Read More

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