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Home » Newsletters » BioWorld

BioWorld

April 10, 2024

View Archived Issues
China flag and vial

Biosimilars coming into their own in China, despite concerns

The timing is ripe for a robust biosimilar market in China, given the rapid increase of novel biologics approved to treat cancer and inflammatory diseases in the country over the past decade and the looming patent cliffs for several established biologics. As of December, the NMPA had approved more than 20 biosimilars that were developed in China. Most of those referenced just two biologics – Roche AG’s cancer drug Avastin (bevacizumab) and Abbvie Inc.’s immunology drug Humira (adalimumab). In 2022, the oncology and immunology biosimilar market in China garnered sales of about $2 billion, according to Clarivate estimates. To reach their full potential in China though, biosimilars must win over prescribers and patients. Read More

Amylyx’s AMX-0035 promising in ultrarare Wolfram syndrome

With the recent removal of its amyotrophic lateral sclerosis drug from the market, Amylyx Pharmaceuticals Inc. is looking to revive investor interest with interim data from its phase II Helios study testing the same drug, AMX-0035 (sodium phenylbutyrate plus taurursodiol), in Wolfram syndrome, a rare indication in which Amylyx could be leading the charge. Read More
Generic drugs

Still targeting Xtandi, groups ask CMS to do what NIH wouldn’t

Having failed in their efforts to get the U.S. NIH to march in on Xtandi’s patents under the Bayh-Dole Act because of price, Knowledge Ecology International and two other advocacy groups are now asking the Centers for Medicare & Medicaid Services (CMS) to do what the NIH refused to do. But rather than pressing for a march-in, which can be a lengthy process, the groups are pushing for CMS to use other statutory tools to clear the way for Xtandi (enzalutamide) generics to launch in the U.S. before Astellas Pharma Inc.’s three remaining patents for the prostate cancer drug expire in 2026 and 2027. Read More

FDA: Would a new endpoint for accelerated approvals in MM work?

The U.S. FDA thinks using minimal residual disease as an endpoint for accelerated approval in new therapies to treat multiple myeloma (MM) might just be an idea whose time has come. The FDA now wants to know what its Oncologic Drugs Advisory Committee thinks about it, so the agency has convened a meeting of the committee for a deep dive into the subject on April 12. Read More
Induced pluripotent stem cells

Series A readies Rxcell's iPSC-derived photoreceptors for clinic

On the heels of a $4.6 million series A round in December 2023, cell therapy company Rxcell Inc. is planning to raise another $15 million in 2024 to take its iPSC-derived photoreceptors to the clinic for retinitis pigmentosa and other degenerative diseases of the retina. Read More
Illustration of cancer cells entering the bloodstream.

AACR 2024: New concepts suggest new targets for metastatic disease

Prior to this year’s Annual Meeting of the American Association for Cancer Research (AACR), it had been 14 years since metastasis had been the subject of a plenary session. So, the Tuesday session on “Evolution of the genome, microenvironment, and host through metastasis” had plenty of new insights to share. Read More

Anvisa pilot program to spur biopharma innovation in Brazil

Anvisa launched a pilot program to help Brazilian biopharma startups navigate the regulatory path from the initial phases of product development. In addition to providing regulatory support, the goal of the program is to accelerate the process of drug innovation in the country. Read More

Appointments and advancements for April 10, 2024

New hires and promotions in the biopharma industry, including: Arcutis, Enliven, Oculis, Puretech. Read More

Financings for April 10, 2024

Biopharmas raising money in public or private financings, including: Alligator, Biolinerx, Torl, VBI. Read More

In the clinic for April 10, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Abbisko, Agenus, Akeso, Alkermes, Astrazeneca, Biophytis, Briacell, Bristol Myers Squibb, Carthera, Denovo, Edison Oncology, Ferring, Galectin, G.ST Antivirals, Imbria, Imugene, Janssen, Kineta, Mirati, Molecular Templates, Newamsterdam, Panther, Pfizer, Poseida, Qualigen, Seres, Silence, Vanqua, Vincerx, YS. Read More

Other news to note for April 10, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: ABVC, Antibe, Astellas, Invenra, Nuance, Oncox, Sitryx. Read More

Regulatory actions for April 10, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Brainstorm Cell, Cadrenal, Lisata, Mabwell, Phanes, Syros. Read More

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