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Home » Newsletters » BioWorld

BioWorld

Feb. 26, 2024

View Archived Issues
Drugs-insulin

Teva, Alvotech land approval with edge in Humira biosimilar race

Abbvie Inc.’s blockbuster drug Humira is getting a 10th challenger that could give all the other adalimumab biosimilars a run for their money – depending on pricing and formulary coverage, of course. After delays caused by the COVID-19 pandemic and manufacturing issues, the U.S. FDA approved Simlandi, previously known as AVT-02, as a Humira biosimilar and interchangeable Feb. 23. Read More

GSK’s oral antibiotic hits endpoints in gonorrhea study

With a regulatory filing expected later this year for gepotidacin based on positive data in uncomplicated urinary tract infections, GSK plc reported that the potentially first-in-class oral antibiotic hit its endpoints in a phase III trial in uncomplicated urogenital gonorrhea, the sexually transmitted disease facing a rise in incidence rate and increased antibiotic resistance. Read More
Coins and charts

BIO CEO 2024: This downturn will end … eventually

Companies and investors, well aware of the natural up and down fluctuations of the market, keep expecting the current downturn to end. They’ve been expecting it to begin an upturn for the past two years. During a Feb. 26 session on venture capital trends at the BIO CEO & Investor Conference in New York, investors said the tough times might well extend further into 2024 than they would like. Read More

Aribio gains UK approval to start phase III trial of Alzheimer’s drug

Korean neurodegenerative disease-focused Aribio Co. Ltd. gained the U.K.’s regulatory clearance to start the phase III Polaris-AD trial on AR-1001 (mirodenafil), an investigative therapy for early Alzheimer’s disease (AD). The U.K.’s Medicines and Healthcare products Regulatory Agency gave notice of acceptance to Seoul, South Korea- and San Diego-based Aribio for the clinical study on Feb. 21 after “confirming a favorable ethical opinion,” Aribio said. AR-1001 is an oral phosphodiesterase-5 inhibitor under development to treat early AD. Read More
Elderly woman holding illustration of brain with missing puzzle piece

Australian incubator developing drugs, devices for dementia

With the number of people with dementia in Australia expected to nearly double by 2054, the federal government is funding a new AU$50 million (US$32.76 million) biomedical and med-tech incubator program to develop new therapies, medical devices and digital health technologies to address dementia and cognitive decline. Read More
US-budget-spending-money.png

US Congress still struggling with FY 2024 spending bills for FDA

In recent years, the U.S. Congress has come to rely unduly on continuing budget resolutions to fund government operations, and fiscal year 2024 is no exception. The current continuing resolution (CR) for the FDA budget is set to expire March 1, but there is concern that Congress will resort yet again to a CR to cover the balance of fiscal 2024, a predicament which suggests that the FDA’s appropriations may be flat relative to fiscal year 2023. Read More
Skytyphoid

SK Bio wins WHO prequalification for typhoid conjugate vaccine

SK Bioscience Co. Ltd. of Seongnam-si, South Korea, gained the World Health Organization’s (WHO) prequalification certification for typhoid conjugate vaccine, Skytyphoid (NBP-618), on Feb. 23. Skytyphoid conjugates a polysaccharide of typhoid bacteria, which serves as an antigen, to a diphtheria toxin protein called diphtheria toxoid that acts as a carrier. Read More

ICYMI: Week in review, Feb. 19-23

A quick look back at top stories. Read More

Biggest gainers and losers for Feb. 19-23, 2024

The top 10 biopharma stock gainers and losers for the week. Read More
DNA with bar chart

Explore BioWorld’s comprehensive infographics collection

Discover a wealth of industry insights with BioWorld’s extensive collection of infographics, covering the latest trends and developments in both biopharma and med-tech. Our weekly infographics are curated to provide concise summaries of key topics: financings (IPOs, private financings, public/other and follow-on offerings), deals and M&As (top deals, and monthly value and volume), regulatory (including U.S. FDA and worldwide approvals), clinical trials and more. In addition, you’ll find access to BioWorld’s year-in-review reports, as well as special infographics about obesity, pain and addiction, biosimilars and the aging space. Read More

Appointments and advancements for Feb. 26, 2024

New hires and promotions in the biopharma industry, including: Diakonos Oncology, Disc Medicine, Nova Mentis, Seres. Read More

Financings for Feb. 26, 2024

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

In the clinic for Feb. 26, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Biodexa, Celltrion, Cogent, Gamida Cell, Maia, Neuraptive, Ocugen. Read More

Other news to note for Feb. 26, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Atlas Neon, Bristol Myers, Coeptis, Lixte, Max Biopharma, Metaba, Neurocrine, NGM, Nhwa, Rayzebio, Teva, Voyager. Read More

Regulatory actions for Feb. 26, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Bavarian Nordic, Biogen, Brainstorm Cell, Bristol Myers Squibb, Clearmind, CSL Vifor, Eisai, Janssen, Legend, Ligand, Melinta, Merck, Pfizer, Sanofi, Travere, Venatorx, Vertex. Read More

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