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Home » Newsletters » BioWorld

BioWorld

July 19, 2024

View Archived Issues
Businesswoman pressing dollar sign on touchscreen

Artiva prices $167M IPO as its AlloNK cell therapy advances

Artiva Biotherapeutics Inc. raised $167 million through an upsized IPO, with funds aimed at the development of its lead AlloNK program for systemic lupus erythematosus and other autoimmune indications. Just a few days ago, the San Diego based company had aimed to sell 8.4 million shares between $14 and $16 each, but it raised the number of shares offered to 13.92 million and lowered the price to $12 each. The upsize brings Artiva’s shares outstanding following the IPO to about 22.8 million, giving the company a market cap of $273.6 million based on the IPO price. Read More
SPAC ticker illustration

SPAC market diminished but alive despite new SEC rules

New U.S. SEC rules designed to reel back the special purpose acquisition (SPAC) market went into effect on July 1, yet only a few weeks later two such companies completed IPOs and are now targeting mergers with health care and life sciences firms, including biopharma and medical technology. Read More
Brain illustrated with pills

Neumora’s KORA for a win in MDD? J&J in the phase III mix, too

A schizophrenia drug in Cerevel Therapeutics Inc.’s lineup understandably stole much of the thunder during coverage of Abbvie Inc.’s takeover late last year to the tune of $8.7 billion, but much further back in the pipeline awaits another potentially lucrative prospect: a kappa opioid receptor antagonist (KORA) for major depressive disorder (MDD). Read More
Drugs-insulin

Eylea, Neupogen, Stelara biosimilars among 28 FDA nods in June

The U.S. FDA approved 28 new drugs in June, marking the third-highest month in BioWorld’s records, following March 2024’s 30 approvals and June 2020's 29 approvals, and a significant increase from May’s 11 FDA drug approvals. For context, the FDA approved an average of around 16 drugs per month in 2023, 12.5 per month in 2022, and 17 per month in both 2021 and 2020. Read More
Magnifying glass on wooden table

Loper Bright bringing more scrutiny, uncertainty to US agencies

As the U.S. Congress continues to pass laws that require federal agencies to issue rules to implement new statutory provisions, a group of lawmakers is reminding the agencies that it will be looking over their shoulders to ensure they don’t stray beyond the scope of the law or overstep their authority. Read More

BioWorld Insider podcast: The costs of delays is updated by Tufts

New research shows the costs of delays in developing a drug candidate and in drug sales are outdated and based on anecdotal evidence, contends the Tufts University School of Medicine’s Center for the Study of Drug Development. The center’s director, Ken Getz, spoke to the BioWorld Insider podcast this week about updating the outdated numbers and what they mean for companies and investors. Read More

‘We're always on the lookout for what's next’

From no hope to viable treatments, BioWorld  is there to cover the breakthroughs in medicine. Listen to Randy Osborne explain why the BioWorld  team is ‘always on the lookout for what's next.’ 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-July 18, 2024

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

Appointments and advancements for July 19, 2024

New hires and promotions in the biopharma industry, including: Haya, Serina. Read More

Financings for July 19, 2024

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

In the clinic for July 19, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Agenus, Aveo, Biora, Biosenic, Crystal, Genentech, Kiromic, Paratek, Roche, Shionogi, Teva, Twist, Vivoryon. Read More

Other news to note for July 19, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Apeiron, Exscientia, ICER. Read More

Regulatory actions for July 19, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Agenus, Astrazeneca, Bavarian Nordic, Diamyd, Junshi, Marinus, Phathom, Shionogi, Sumitomo, Ultragenyx. Read More

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