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BioWorld - Tuesday, June 9, 2026
Home » Newsletters » BioWorld

BioWorld

Aug. 15, 2023

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FDA-approved-stamp2.png

FDA on a roll: Pfizer’s Elrexfio latest bispecific antibody for r/r MM to win approval

Less than a week after approving Johnson & Johnson’s bispecific antibody, Talvey (talquetamab-tgvs), for relapsed or refractory multiple myeloma (r/r MM) under accelerated review, the U.S. FDA has followed suit with Pfizer Inc.’s equivalent, Elrexfio (elranatamab-bcmm). The accelerated clearance of Elrexfio – a B-cell maturation antigen (BCMA) bispecific antibody that targets BCMA on myeloma cells and the CD3 receptor on T cells – covers it for adult patients who have received at least four prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent and an anti-CD38 monoclonal antibody. Read More

A bridging just far enough: Arcellx’s phase II is back on track

An updated trial protocol providing expanded bridging therapies are part of the agreement between the U.S. FDA and Arcellx Inc. that allows the lifting of the partial clinical hold on the company’s pivotal phase II study of CAR T-cell therapy CART-ddBCMA in multiple myeloma (MM). Read More
respiratory-red-lungs

Galecto stock craters on phase IIb miss in IPF

Shares in Galecto Inc. (NASDAQ:GLTO) plummeted by 71%, closing Aug. 15 at 67 cents, on news that its lead drug candidate, GB-0139, flamed out in a phase IIb trial in idiopathic pulmonary fibrosis (IPF). The inhaled galectin-3 inhibitor actually performed considerably worse than placebo in the 52-week placebo-controlled study, the endpoint of which was the annual rate of decline from baseline in forced vital capacity (FVC).  Read More

Excipient incipient, Design maligned; new formulation underway for FA therapy

Variable muscle expression of frataxin (FXN) protein in muscle plus five adverse events (AEs) of injection-site thrombophlebitis in the multiple ascending-dose (MAD) phase I study hamstrung Design Therapeutics Inc. in its Friedreich’s ataxia (FA) bid with DT-216. Wall Street punished the Carlsbad, Calif.-based firm’s stock (NASDAQ:DSGN) with a knockdown of 70%, or $5.17, leaving shares at $2.17 when the market closed Aug. 15. Read More
Clinical data illustration

Adalta gears up for phase II IPF trials for its i-body derived from shark antibodies

Adalta Ltd. is gearing up to begin phase II trials of its lead i-body candidate, AD-214, in idiopathic pulmonary fibrosis (IPF), but it is hoping to find a pharma partner to fund the trials. Read More

Appointments and advancements for Aug. 15, 2023

New hires and promotions in the biopharma industry, including: Alltrna, Elevar, Immunobrain, Newamsterdam. Read More

Financings for Aug. 15, 2023

Biopharmas raising money in public or private financings, including: Scisparc, Spexis, TFF. Read More

In the clinic for Aug. 15, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Adverum, Alx, Annexin, Aptose, Aqilion, Bio-Thera, CNS, EIP, Eloxx, Ketabon, Longeveron, Lytix, Medivir, Moleculin, Plus, SFA, Taysha, Telix, Verrica. Read More

Other news to note for Aug. 15, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Alterity, Genevant, Gilead, Gritstone, Impilo, Lisata, Tentarix, Trethera. Read More

Regulatory actions for Aug. 15, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: J&J, Lactiga, Mymd, PDS, Revance, Valneva. Read More

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