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Home » Newsletters » BioWorld

BioWorld

Aug. 20, 2024

View Archived Issues
Blood glucose chart and monitor, stethoscope, injector pen

Lilly’s tirzepatide reduces type 2 diabetes risk by 94%

A long-term look at obese and overweight patients with pre-diabetes found that weekly injections of Eli Lilly and Co.’s tirzepatide led to a 94% reduction in their risk of progression to type 2 diabetes compared to placebo – a result that Leerink Partners analyst David Risinger called “exceptional.” Read More
Doctor and patient

Patient perspective: Cost of Medicare negotiations not in dollars

While the Biden administration continues applauding the savings it claims will be delivered by the first round of Medicare negotiations, many U.S. patients and their families are worried about the cost of the biopharma price-setting program – a cost they measure not in dollars and cents, but in worsening illness and lives that may be lost to a downturn in innovation and an upturn in barriers to access. Read More
HKEX exterior

TYK Medicines raises $74M in HKEX IPO to launch EGFR inhibitor

TYK Medicines Inc. made a strong debut on the main board of the Hong Kong Stock Exchange (HKSE), raising HK$579 million (US$74.32 million) to commercialize its lead compound, EGFR inhibitor TY-9591, now in pivotal trials in patients with EGFR mutation-positive lung cancer. Read More
Financial graph

Vutrisiran phase III boosts Alnylam; biopharma index outperforms

The BioWorld Biopharmaceutical Index climbed 16.31% by the end of July, continuing its lead over both the Nasdaq Biotechnology Index, which rose 10.82%, and the Dow Jones Industrial Average, up 8.37%. This follows an 8.15% gain in the BBI at the close of May, marking a strong performance throughout 2024. Read More
Illustration of influenza virus replication complex with chicken, cow, human, seal wireframe drawings

Structural study gives insights into influenza virus species jumps

“There are hundreds of strains of bird flu, and most of them don’t infect humans, or even mammals,” Stephen Cusack told BioWorld. “There are two main reasons for that.” To be able to cause an infection, a virus “has to be able to get into the cell, and for that it needs a receptor,” Cusack said. For influenza viruses, those receptors are hemagglutinin receptors, and they differ in subtle but important ways between birds and mammals. Read More
Alex Federation, co-founder and CEO, Talus

Talus brings in $11.2M to target the undruggable

In its fifth year of transcription factor discovery, Talus Bioscience Inc. just raised $11.2 million in new venture funding. Seattle-based Talus will use the money to further develop its MARMOT (Multiplexed Assays for the Rational Modulation Of Transcription Factors) platform. 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

Appointments and advancements for Aug. 20, 2024

New hires and promotions in the biopharma industry, including: 89bio, Actio, Atossa, Avenacy, Cidara, Corbus, Incyclix, Latigo, Pepgen. Read More

Financings for Aug. 20, 2024

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

In the clinic for Aug. 20, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Latigo, Mindbio. Read More

Other news to note for Aug. 20, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Hyloris, Ocuvex, Polyrizon, Scisparc, Visiox. Read More

Regulatory actions for Aug. 20, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Arthrosi, Astrazeneca, BMS, Daiichi, Liquidia, Phanes, Supernus, Tanvex. Read More

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