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Home » Newsletters » BioWorld

BioWorld

Dec. 17, 2024

View Archived Issues
Illustration for inflammatory bowel disease

Teva-Sanofi upbeat on ‘best-in-class’ duvakitug bowel disease data

The potential for TL1A-targeting duvakitug to impact unmet needs of patients with ulcerative colitis (UC) and Crohn’s disease (CD), and to provide antifibrotic effects for a host of other diseases, boosted shares of Teva Pharmaceutical Industries Ltd. and Sanofi SA by 26.5% and 6.7%, respectively, as the partners released what analysts called “best-in-class” results from the phase IIb Relieve UCCD study and prepare for a phase III trial in 2025. Read More

Happier new year? Tenaya to raise HCM gene therapy dose

Wall Street must wait until 2025 for data from the higher-dose cohort in Tenaya Therapeutics Inc.’s phase Ib/II study with gene therapy TN-201 for MYBPC3-linked hypertrophic cardiomyopathy (HCM), but shares (NASDAQ:TNYA) closed Dec. 17 at $1.41, down $1.47, or 51%, after results from the first cohort rolled out. Read More
Ozempic pen and packaging

Danish regulators question possible Ozempic link to rare eye condition

The Danish Medicines Agency is to ask the EMA’s pharmacovigilance committee to investigate a potential increased risk of an acute eye condition in diabetic patients being treated with the glucagon-like peptide-1 receptor agonist Ozempic (semaglutide). Read More

Freed from clinical hold, Biomea’s menin inhibitor solid in T2D

Released from a clinical hold by the U.S. FDA in late September, Biomea Fusion Inc.’s menin inhibitor, icovamenib, has charged ahead to produce positive top-line data from a phase II study in type 2 diabetes (T2D). The data, however, didn’t stop the stock from dropping to near its lowest level of the past 12 months. Read More
T cells2

Candid, Epimab ink $1B T-cell engager deal in autoimmune disease

Candid Therapeutics Inc. and Epimab Biotherapeutics Inc. have entered a $1 billion research collaboration to discover and develop novel T-cell engager candidates for autoimmune indications. Read More
Radiotherapy of cancer

SK Biopharma, Proen team up to develop new radiopharmaceuticals

SK Biopharmaceuticals Co. Ltd. and Proen Therapeutics Co. Ltd. joined hands in a research collaboration to advance up to two preclinical small protein-based radiopharmaceuticals by 2027 – the year SK Biopharmaceuticals aims to “become a leading radiopharma player” worldwide. Read More

Kyorin in-licenses Bayer’s phase II sleep apnea drug for €85M+

Kyorin Pharmaceutical Co. Ltd. has acquired Bayer AG’s phase II obstructive sleep apnea candidate, BAY-2925976, in a deal worth €85M (US$89.3 million) plus sales-based royalties and commercial milestones. Read More

Appointments and advancements for Dec. 17, 2024

New hires and promotions in the biopharma industry, including: Alkemist, Alphina, Assertio, Palisade, Theolytics, Upstream. Read More

Financings for Dec. 17, 2024

Biopharmas raising money in public or private financings, including: Betaglue, Inventiva, Newamsterdam, Palatin, Promise, Trevi. Read More

In the clinic for Dec. 17, 2024

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Ascendis, Biohaven, Corcept, Edgewise, Foghorn, Immix, Larimar, Menarini, Newamsterdam, Puretech, Reviva, Viridian. Read More

Other news to note for Dec. 17, 2024

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Abbvie, Abliva, Atea, Basilea, BMS, Century, Eli Lilly, Ideaya, Immatics, Innovent, Innoviva , Nimble, Outlook, Pharming, Scisparc. Read More

Regulatory actions for Dec. 17, 2024

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Accord, Arcutis, Celltrion, Checkpoint, CSL, Dermata, Eli Lilly, Galderma, GSK, Lib, Maia, Medigene, Merck, Neurocrine, Organon, Pepgen. Read More

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