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Home » Newsletters » BioWorld

BioWorld

Oct. 20, 2023

View Archived Issues
3D illustration demonstrating antibody-drug conjugate.

Merck agrees to pay Daiichi up to $22B in record ADC agreement

Deals involving antibody-drug conjugate (ADC) therapies continue to gain momentum with Daiichi Sankyo Co. Ltd. and Merck & Co. Inc. the latest firms to team up on global development and commercialization activities, as Daiichi offers up rights to three of its potentially first-in-class ADC candidates for $22 billion, making it the largest ADC agreement to date. Read More

Pfizer wins FDA nod for pentavalent meningitis vaccine Penbraya

The U.S. FDA cleared Pfizer Inc.’s Penbraya (meningococcal groups A, B, C, W and Y vaccine), the first pentavalent shot designed to provide coverage against the most common serogroups causing meningococcal disease in adolescents and young adults through age 25. Read More
cancer-AI-diagnostic.png

Players talking TRK-y in NSCLC as ROS1, ALK zones cook up data

This summer’s phase III news from Qilu Pharmaceutical Co. Ltd. with iruplinalkib – an oral inhibitor of ALK and ROS1 tyrosine kinase – reinforced an ongoing interest in the pair of oncology targets, where a handful of developers remain busy. Most notably of late is Nuvalent Inc., which rolled out stock-boosting data Oct. 4. Read More

Abivax gains US listing, pads coffers with $236M in Nasdaq IPO

Abivax SA’s debut on the U.S. market received a somewhat chilly reception Oct. 20, as the firm priced on the low end of its proposed range and ended the first day of trading in the red. But the company managed to pull in about $235.8 million in gross proceeds, the majority of which will support late-stage efforts for obefazimod, an oral candidate with a novel mechanism of action it hopes to advance in the lucrative inflammatory bowel disease space. Read More
Clinical-trial-syringe-and-vial.png

Celebrating progress: The impact and challenges of the R21 malaria vaccine

The World Health Organization recently endorsed an economical malaria vaccine with a 75% effectiveness rate, which costs less than half of the initial vaccine (RTS,S/AS01) created two years ago. The new vaccine, R21/Matrix-M, developed by the University of Oxford and the Serum Institute of India, marks a significant milestone after decades of scientific research. Read More
FDA-approved-stamp4.png

2023 US FDA approvals rise over last year, yet fall short of earlier years

The first three quarters of 2023 delivered a mix of approval news, with an uptick in U.S. FDA clearances over the previous year, but still tracking lower than 2017-2021. Global approvals are on a different trajectory, down year over year. Read More

Appointments and advancements for Oct. 20, 2023

New hires and promotions in the biopharma industry, including: DMK, Exscientia. Read More

Financings for Oct. 20, 2023

Biopharmas raising money in public or private financings, including: Arcutis, Adial, Talaris, Tourmaline. Read More

In the clinic for Oct. 20, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: 4moving, Akeso, Biontech, Bristol Myers Squibb, Candel, Flare, Genentech, Kura, Neurona, Numab, Regulus, Sabin Vaccine Institute, Telix. Read More

Other news to note for Oct. 20, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Abbvie, Alaya.bio, Apotex, Biomarin, Calico, GSK, Hansoh, Laronde, Novartis, Sail, Senda, Teva. Read More

Regulatory actions for Oct. 20, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Aspen Neuroscience, Pfizer Canada, SAB, Senhwa, Skyline, Spago, Sumitomo, Takeda, Vaxcyte. 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-Oct. 20, 2023

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

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