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Home » Newsletters » BioWorld

BioWorld

Aug. 28, 2023

View Archived Issues
Teen receiving vaccine

CHIKV vaccine fever on rise as Valneva phase III follows Bavarian Nordic data

About two weeks after chikungunya virus (CHIKV) vaccine contender Bavarian Nordic A/S provided phase III data with its prospect, rival Valneva SE rolled out positive phase III safety findings in adolescents with its single-dose candidate VLA-1553. Results from the Saint-Herblain, France-based company’s first trial in an endemic area with people previously infected with CHIKV showed the product was generally safe and well-tolerated in subjects aged 12-17 years, regardless of previous infection by the mosquito-borne disease, carried mainly by Aedes aegypti and Aedes albopictus. Immunogenicity data from the study are expected in November. Read More
Startup key, rocket icon

Faster than light drug discovery: Superluminal launches with $33M seed round

As its name suggests, Superluminal Medicines Inc. is aiming for speed. The startup, which closed a $33 million seed round led by RA Capital Management, is combining a biology-focused approach with a generative AI platform it says has the potential to create candidate-ready compounds in a matter of months, with its initial sights set on G protein-coupled receptor targets. Read More
Acinetobacter baumannii

Omnix lining up phase II trial of insect-derived antibiotic

Omnix Medical Ltd. is gearing up for a phase II trial next year of its novel peptide-based antibiotic OMN-6, the lead compound in a pipeline inspired by the antimicrobial strategies of insects. Read More

Merger fervor: BIO wants the FTC to back off from the Amgen-Horizon deal

The U.S. FTC has recalibrated its challenge to Amgen Inc.’s $27.8 billion acquisition of Horizon Therapeutics plc while one of the biggest trade groups has voiced its concerns about the government’s role in the deal. An amicus brief from the Biotechnology Innovation Organization (BIO), along with the Illinois Manufacturers Association, the Chicagoland Chamber of Commerce and the Illinois Biotechnology Innovation Organization, calls the FTC expansion into such deals overreach that chills pro-competitive biopharma mergers. Read More
International Space Station and Earth

Boryung invests $60M in Axiom for R&D station in space

Seoul, South Korea-headquartered Boryung Co. Ltd. grabbed headlines in 2022 with its strategic redesign to move beyond drug development, announcing that it would invest $10 million in Axiom Space Inc. for a 0.4% stake in the U.S. commercial space station developer. The investment ramped up over the course of a year, with Boryung pouring a total of $60 million into Axiom Space over two financing rounds for a 2.7% stake. Axiom is set to build the world’s first commercial space station. Read More

Cochlear and Sensorion combine drug and implant to enhance patient hearing

Cochlear Ltd. and Sensorion SA have published encouraging results on the combination of a molecule with a cochlear implant. Their proof-of-concept phase 2a study involved the combination of an orphan drug recognized in both Europe and the U.S. with cutting edge hearing aid implants to enhance the auditory capabilities of hearing aid users. Read More

ICYMI: Week in review, Aug. 21-25, 2023

A quick look back at top stories. Read More

Biggest gainers and losers for Aug. 21-25, 2023

The top 10 biopharma stock gainers and losers for the week. Read More

Appointments and advancements for Aug. 28, 2023

New hires and promotions in the biopharma industry, including: Elicio, Genelux, Medicenna, T-Curx. Read More

Financings for Aug. 28, 2023

Biopharmas raising money in public or private financings, including: Lexeo, Neumora, Nurexone, Opthea Sarepta. Read More

In the clinic for Aug. 28, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Amneal, Clarity, Maplight, Merck, Novo Nordisk, Nura, Thryv, Xylocor, Zhiyu. Read More

Other news to note for Aug. 28, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Astellas, Axovia, Briacell, BMS, Bridgene, CSL, Immunogen, Genfleet Immunogen, Latern, Novartis, Pfizer, Sandoz. Specialised, Takeda, Treeway, Tris, Verastem, Xoma. Read More

Regulatory actions for Aug. 28, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Akeso, Ausper, Ausperbio, Everest, Janssen, Pfizer, Sandoz. Read More

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