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BioWorld - Tuesday, January 13, 2026
Home » Newsletters » BioWorld

BioWorld

May 24, 2024

View Archived Issues
Woman wearing glucose monitor with smart phone

Adcom says risks outweigh benefits for Novo’s once-weekly insulin

Novo Nordisk A/S’s once-weekly human insulin analogue for adults with type 1 diabetes mellitus could be a useful tool for patients and physicians, the U.S. FDA’s Endocrinologic and Metabolic Drugs Advisory Committee said May 24, but it also agreed that the risks outweighed the benefits for improving glycemic control. Read More

Verastem seesaws on ASCO avutometinib/defactinib pancreatic data

As the company began a rolling NDA submission to the U.S. FDA for its drug combo in low-grade serous ovarian cancer, Verastem Oncology Inc. popped the lid off phase I/II data in pancreatic tumors, but Wall Street seemed uncertain about the news. Boston-based Verastem disclosed upbeat outcomes from the Ramp 205 study testing the RAF/MEK clamp avutometinib when paired with focal adhesion kinase inhibitor defactinib in combination with gemcitabine plus nab-paclitaxel as first-line therapy for metastatic pancreatic cancer. Read More
Red wooden approved stamp

Celltrion’s Omlyclo gets nod as Europe’s first Xolair biosimilar

South Korea’s Celltrion Inc. secured May 22 the European Commission’s go-ahead for Omlyclo (CT-P39) to be the first biosimilar to Genentech Inc./Novartis AG’s Xolair (omalizumab) in Europe for three of its major indications. Read More

US argues for drug, device companies in terrorism case

Weighing in on the side of 21 drug and device companies accused of knowingly aiding and abetting terrorist attacks against U.S. troops and civilians in Iraq from 2005 to 2011, the U.S. solicitor general is asking the Supreme Court to grant the companies’ petition for cert and then vacate a 2022 appellate court decision in Joshua Atchley v. Astrazeneca plc, remanding it for reconsideration in light of a related opinion the justices handed down a year ago. Read More
APAC2.png

Astrazeneca in Asia: $604M Nona deal, $1.5B Singapore ADC plant

Cambridge, U.K.-based Astrazeneca plc is looking to Asia, specifically China and Singapore, to build an innovative cancer-focused pipeline filled with antibody-drug conjugates (ADC), monoclonal antibodies (MAbs) and cell therapies. Read More
Clinical trial virtual display

Clinical trial updates in April record a 24% increase from March

In April 2024, BioWorld reported on 323 updates on phase I-III clinical trials, marking a 24% increase from March’s 261 updates. Read More

Holiday notice

BioWorld's offices will be closed in observance of Memorial Day in the U.S. No issue will be published Monday, May 27. 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-May 23, 2024

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

Appointments and advancements for May 24, 2024

New hires and promotions in the biopharma industry, including: Cogent, Monopar. Read More

Financings for May 24, 2024

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

In the clinic for May 24, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Biomica, Connect, Cynata, Icell, Pneumagen, UCB, Upstream. Read More

Other news to note for May 24, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Amphista, Cytokinetics, Idorsia, Immunis, Orna, Owkin, Providence, Renegade, Sinaptica, Sun, Tango, Taro, Toray. Read More

Regulatory actions for May 24, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Abdera, Laekna, Theriva. Read More

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