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Home » Newsletters » BioWorld

BioWorld

Dec. 27, 2023

View Archived Issues
M&A cityscape

Billion-dollar M&As: Bristol Myers buying Rayzebio; Astrazeneca taking over Gracell

Two big pharma firms placed high offers on Dec. 26 to acquire companies focused on radiopharmaceuticals and cell therapies in what Evercore ISI analysts are calling a “good sign for the end of the year.” Read More

Legochem inks landmark $1.7B deal with Janssen for ADC drug

Legochem Biosciences Inc. signed a $1.7 billion licensing deal with Janssen Biotech Inc. for its Trop2-directed antibody-drug conjugate (ADC), closing the biggest technology transfer deal in Korean biotech history after Chong Kun Dang Pharmaceuticals Corp. Read More
cardio-heart-attack.png

A belated gift: Cytokinetics surges on positive phase III data in cardiomyopathy

Cytokinetics Inc. received a slightly last minute Christmas gift in the form of positive top-line data from the pivotal phase III study of aficamten in treating symptomatic obstructive hypertrophic cardiomyopathy. Read More

Lianbio out-licenses Asia rights to Janssen for radioenhancer NBTXR-3 for $30M

Lianbio Co. Ltd. is out-licensing NBTXR-3 to Janssen Pharmaceutical NV to develop and commercialize the radioenhancer in China, South Korea, Singapore and Thailand. Earlier this month, Tang Capital’s Concentra Biosciences LLC lodged a proposal to acquire Lianbio for $465 million, which the company’s shareholders rejected. Read More
Top Trends Economy - DNA, bar graphs

Biopharma navigates post-pandemic economy in 2023

It was a year for life sciences companies to adjust to the new economy after the unusual years of activity during the COVID-19 pandemic. Read More
Top Trends Drug Pricing, capsule with coins

EU pharma reform seeks to provide equitable access; threatens data exclusivity, incentives

As their term in office winds to a close, MEPs in the two main political groupings of the European Parliament still have huge differences of opinion over the proposed reform of the EU pharmaceutical regulation and how best to achieve the stated aims of improving patient access whilst encouraging innovation. Read More
Top Trends Therapeutics, pill, syringe

Industry, FDA mindset coming around to psychedelics

The long, strange and nowhere-near-concluded trip taken by psychedelic drugs as a therapeutic modality continued in 2023, with regulators in the U.S. and Europe – and, perhaps in greater numbers, investors – warming to prospects in a space that once drew only laughter. Read More

Standouts: Our top news picks of 2023

A few of our favorite stories this year. Read More
Gavel and FTC logo

US agencies retain strict conditions in final merger oversight policy

The U.S. Federal Trade Commission (FTC) and the Department of Justice (DOJ) have issued the final version of their updated merger guidelines for corporations, concluding a process that took a scant six months to complete following the issuance of the draft. Read More

US FDA continues working through year-end guidance to-do list

Drug guidances are still pouring forth from the U.S. FDA as 2023 winds to an end. The latest batch deals with issues as varied as the reformulation of drug products that use carbomers manufactured with benzene, potency assurance for cellular and gene therapies, the quality of topical eye treatments, and the development of drugs and biologics for rare diseases. Read More

Third-party manufacturing flaws delay Zealand’s NDA in rare pediatric disease

The U.S. FDA issued a complete response letter for Zealand Pharma A/S’s NDA seeking approval of dasiglucagon for the prevention of treatment of hypoglycemia in pediatric patients with congenital hyperinsulinism, citing deficiencies identified during an inspection at a third-party contract manufacturing facility. Read More

Holiday notice

BioWorld's offices were closed in observance of Christmas. No issues were published Monday, Dec. 25 or Tuesday, Dec. 26.

Read More

BioWorld Insider Podcast: Six biopharma executives consider a tough 2023 and are hopeful for a better 2024

One aspect of 2023 our group of executives completely agreed on: the past year was tough financially. And they all foresee a more vibrant year ahead for the market. Giving all of them hope were technological breakthroughs such as artificial intelligence, game changing weight loss drugs, the surging fascination with ADCs and hope for lower interest rates. But uncertainty looms about the upcoming general election in the U.S. and ground-shifting gene therapies. Read More

Topic alerts now available for all BioWorld subscribers

You asked and we listened. Now, in addition to the daily news lineup, you can create topic alerts to be delivered directly to your inbox or via an RSS reader. It’s easy to set up. Instructions can be found here: https://www.bioworld.com/featured-feeds. Read More

ICYMI: Week in review, Dec. 18-22, 2023

A quick look back at top stories. Read More

Biggest gainers and losers for Dec. 18-22, 2023

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

Appointments and advancements for Dec. 27, 2023

New hires and promotions in the biopharma industry, including: Harpoon, Nrx. Read More

Financings for Dec. 27, 2023

Biopharmas raising money in public or private financings, including: Algernon, Alpha Cognition, Dare Bioscience, Engene, Entera, FSD, Irlab, Longeveron, Opthea, Organon, Panlin, TC Biopharm, Trevena, Zymeworks. Read More

In the clinic for Dec. 27, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Allovir, CSL, Galecto, Immunicum, Mineralys. Read More

Other news to note for Dec. 27, 2023

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Atreca, Biocytogen, Biovaxys, Ctm, Codexis, Eli Lilly, First Wave, Immunome, Innovent, Point Biopharma Theseus, Vyant. Read More

Regulatory actions for Dec. 27, 2023

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Beigene, Cellusion, Cidara, Daiichi, Ionis, Kite, Olix, Sarepta, Senti, Takeda, Zealand. Read More

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