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Home » Newsletters » BioWorld

BioWorld

March 15, 2024

View Archived Issues
IV drips

Adcom CAR T party favors Carvykti in MM, Abecma not so much

The U.S. FDA’s Oncology Drugs Advisory Committee, in two separate sessions, took up the matters of Carvykti (ciltacabtagene autoleucel) from Johnson & Johnson and the Bristol Myers Squibb Co. product Abecma (idecabtagene vicleucel) – specifically, whether the benefits of each CAR T therapy outweigh the risks in relapsed or refractory multiple myeloma (MM). Read More
Rezdiffra

Madrigal’s Rezdiffra wins first FDA nod in NASH, liver fibrosis

As widely expected, Madrigal Pharmaceuticals Inc.’s resmetirom picked up the first U.S. FDA approval for treating nonalcoholic steatohepatitis (NASH), an advanced form of nonalcoholic fatty liver disease that has been steadily increasing in global prevalence. Branded Rezdiffra, the liver-directed THR-beta agonist gained accelerated approval for use in conjunction with diet and exercise to treat adults with noncirrhotic NASH with moderate to advanced liver fibrosis, specifically stages F2 and F3. Read More
FDA approved icons and medical professional

BMS and Mirum add approvals to established drugs

Two sNDAs, one from Bristol Myers Squibb Co. (BMS) and the other from Mirum Pharmaceuticals Inc., have received U.S. FDA approval to further expand their treatment indications. Read More
Neurology illustration

Neurological stocks navigate turbulence despite strong 2023 performance

In 2023, the BioWorld Neurological Diseases Index (BNDI) closed with a 4.36% increase, outperforming the Nasdaq Biotechnology Index (up 3.74%) but falling short of the surge seen in the Dow Jones Industrial Average (up 13.7%). The rebound marked a significant turnaround from November, when BNDI recorded an 18.37% year-to-date decline. Read More
Esophageal cancer

FDA clears Beigene’s PD-1 inhibitor Tevimbra in esophageal cancer

The U.S. FDA has approved Beigene Co. Ltd.’s Tevimbra (tislelizumab-jsgr) as a monotherapy for treating adults with unresectable or metastatic esophageal squamous cell carcinoma following prior chemotherapy that did not include a PD-1 inhibitor. A humanized IgG4 anti-PD-1 monoclonal antibody, tislelizumab is designed to minimize binding to Fc-gamma receptors on macrophages, helping to aid the body’s immune cells to detect and fight tumors. Read More

Needle-free epinephrine prodrug yields strong phase III PK data

Aquestive Therapeutics Inc.’s oral epinephrine prodrug to treat life-threatening allergic reactions, Anaphylm, produced a faster time to maximum concentration than currently available autoinjectors in healthy adults, early pivotal phase III data show, meeting both pharmacokinetic (PK) primary and secondary endpoints. Read More
deal2.png

February biopharma M&As soar to $18B, outpacing 2023 average

In February, deals formed by biopharma firms reached $7.76 billion, down from January, which marked the sixth-highest month in BioWorld’s records going back to 2016. Meanwhile, biopharma M&As amounted to $18.22 billion for the month, positioning it among the top 10 highest-value months in the past four years. Read More

Money raised by biopharma

Total raised in public, private and other financings of biopharma companies, comparing 2019-2024. Read More

Biopharma money raised: Jan. 1-March 14, 2024

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

Financings for March 15, 2024

Biopharmas raising money in public or private financings, including: Cognition, Eupraxia, Newron, Sellas. Read More

In the clinic for March 15, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Atrogi, Immuneering, Navitor, Nuvectis, Ocuterra, Scisparc, Spruce, Supernus. Read More

Other news to note for March 15, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: First Wave, Immunogenx, Mapp, Ono, Partex, Probiogen, Sanofi, Sibylla. Read More

Regulatory actions for March 15, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: 60 Degrees, Cybin, Gynica, Keros, Mirum, Poseida, Xcovery. Read More

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