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Home » Newsletters » BioWorld

BioWorld

Nov. 1, 2023

View Archived Issues
Sickle cell illustration

Adcom: Don’t sacrifice progress for perfection

Had it been asked to, the FDA’s Cellular, Tissue and Gene Therapies Advisory Committee would have voted Oct. 31 to recommend approval of Vertex Pharmaceutical Inc. and Crispr Therapeutics AG’s exagamglogene autotemcel, or exa-cel, as a one-time transformative treatment for severe sickle cell disease in individuals 12 and older. Read More

Astrazeneca makes an equity stake in Cellectis in $245M deal

Astrazeneca plc is making a $220 million equity investment and tossing in $25 million up front to Cellectis SA as part of a new collaboration agreement. The deal is part of Astrazeneca’s efforts, including a July licensing agreement worth about $1 billion with Pfizer Inc., to delve deeper into gene therapy for treating cancer and rare diseases. Read More
Grey dollar sign on grey background

Gate golden with $60M series A to build new bridge in protein degradation

Gate Bioscience Inc., a new(ish) company with a new class of drugs in the works, emerged from stealth mode and disclosed a $60 million series A financing led by Versant Ventures and A16z Bio + Health. Arch Venture Partners and GV took part in the financing as well. Read More
cancer cell

BCI flourishes despite widespread stock declines

The BioWorld Cancer Index (BCI) saw its highest point of the year from April through July, when it had a run above 30%, before falling to 23.5% at the end of August. It closed Q3 up 22.96% for the year, a sharp divergence from the more extensive Nasdaq Biotechnology Index and Dow Jones Industrial Average, which are tracking down 6.16% and up 1.09%, respectively. Read More
Map of Israel

Israel tops up budget for struggling biotechs amid continuing war challenges

Israel’s finance ministry has increased the amount of funding high-tech companies with a short runway, including biotechs, can apply for under a fast-track scheme run by independent, publicly funded agency The Israel Innovation Authority, in response to the country’s war against Hamas. The program has been boosted by an extra ₪300 million (US$74.7 million), bringing the total budget to about ₪400 million, and from this month will assess applications from startups facing financial difficulties. Read More

Biolinerx shares climb after $270M+ motixafortide deal in Asia with Gloria Bio

Israeli biotech Biolinerx Ltd. will hand off the rights to its stem cell mobilizer, motixafortide, in Asia to China’s Gloria Biosciences Co. Ltd. via an out-licensing deal worth up to $280 million, news that sent stocks soaring nearly 13% on Oct. 31. Read More
Ausbiotech 2023

Ausbiotech 2023: Australia invests in mRNA vaccines as biotech industry celebrates DNA milestones

Australia has a lot to celebrate when it comes to vaccines. The University of Queensland is where Ian Frazer invented the human papillomavirus vaccine Gardasil, and now Australia is projected to be the first in the word to eliminate cervical cancer, Queensland Deputy Premier Steven Miles said during the Ausbiotech 2023 conference held Nov. 1-3 in Brisbane, Australia. Read More

Appointments and advancements for Nov. 1, 2023

New hires and promotions in the biopharma industry, including: Amarin, Bristol Myers Squibb, Calidi, Corcept, Ctrl, Eterma, Jasper, Lakewood-Amedex, Lexicon, MBX, Ocuphire, Processa, Rayzebio, RS, Sensei, Spero, Spexis, Storm. Read More

Financings for Nov. 1, 2023

Biopharmas raising money in public or private financings, including: Bioluminescence, Theratechnologies. Read More

In the clinic for Nov. 1, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Acelink, Acumen, Adaptimmune, Annovis, Apollomics, Atyr, Bridge, Centessa, Cybin, Galera, Huidagene, Kintara, Lianbio, Mindbio, Nimbus, Nouscom, Novelmed, Sarepta, Spyglass, UCB, Ultimovacs, Vaccinex, YS. Read More

Other news to note for Nov. 1, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: 3Sbio, Abbvie, Aileron, Aldeyra, Apnimed, Atara, Cstone, Eli Lilly, Engene, Forbion, Generate, Inhalon, Kyverna, Ligand, Lung, Mei, Pierre Fabre, Reneo, Selecta, Shionogi, Sitryx, Sobi, Tolerance, Vtv. Read More

Regulatory actions for Nov. 1, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations:  Biora, Cessation, Chimeric, Cocrystal, Galera, Huidagene, Ionctura, Mersana, Sosei, Sparx, X4. Read More

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