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Home » Newsletters » BioWorld

BioWorld

March 5, 2025

View Archived Issues
Targeted cancer cell

Chimerix brings a rare cancer drug to the $935M Jazz party

Jazz Pharmaceuticals plc is buying Chimerix Inc. for $8.55 a share in cash, bringing the deal in at about $935 million. Jazz expands its cancer pipeline with the new acquisition’s lead candidate, dordaviprone, a small molecule for treating a rare, aggressive glioma that’s often found in children and young adults. Read More

‘Fall’-out hits Irlab shares after phase IIb miss in Parkinson’s

The march toward better drugs in Parkinson’s disease suffered a setback as Irlab Therapeutics AB rolled out top-line results from the phase IIb study with pirepemat called React-PD. Read More
Back pain

Persica’s PP-353 wins in back pain, advances to phase III

Persica Pharmaceuticals Ltd. has delivered positive 12-month follow-up data from its phase Ib study of PP-353, an injectable antibiotic for treating chronic lower back pain, and is now looking for a partner and further financing to take the product into phase III development. Read More
Polycythemia vera illustration

Protagonist’s rusfertide hits phase III goals in rare leukemia

Rusfertide could become a blockbuster therapy for polycythemia vera, H.C. Wainwright analyst Douglas Tsao wrote March 4 after the injectable hepcidin mimetic peptide hit its primary endpoint and all four key secondary endpoints in the ongoing phase III Verify study. Read More
Trimtech Therapeutics’ team

UK firm Trimtech emerges with $31M seed round for TRIM21 bispecifics

Trimtech Therapeutics closed a £25 million (US$31 million) oversubscribed seed funding round to advance its targeted protein degradation treatments for neurodegenerative and inflammatory diseases. Read More
Jay Bhattacharya, nominee for U.S. NIH director

Bhattacharya shares his vision for US NIH

Jay Bhattacharya will have his work cut out for him if he wins confirmation as the next director of the U.S. NIH. Besides getting NIH committees back on track to evaluate grant applications and calming the fears of researchers and other staff who have seen about 1,200 colleagues cut from their ranks in recent weeks, Bhattacharya will face the task of rebuilding public trust in the NIH itself. Read More
White Euro symbol on blue background

Sofinnova raises €1.2B to invest in med tech, biotech, digital health

Sofinnova Partners raised a whopping €1.2 billion (US$1.26 billion) over the past year to invest in life sciences companies ranging from incubation to later-stage growth, and spanning biotech, med tech, industrial biotech and digital medicine. Read More
Close-up of nasal drug spraying

Aspargo Companion can spray most meds, alert to missed doses

In an advance that could significantly lighten the load for caretakers in the “sandwich generation” and reduce loneliness in elderly patients, Aspargo Labs Inc. developed a metered delivery device that optimizes absorption of pharmaceuticals and reminds users to take their medications. Read More

Appointments and advancements for March 5, 2025

New hires and promotions in the biopharma industry, including: Dianthus, Hutchmed, Johnson & Johnson, KSQ, MBX, Nanonewron, Nanoscope, Orbis. Read More

Financings for March 5, 2025

Biopharmas raising money in public or private financings, including: Bioxcel, Garuda, Myosin, Osivax, Tenaya. Read More

In the clinic for March 5, 2025

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

Other news to note for March 5, 2025

Biopharma happenings, including deals and partnerships, grants, preclinical data and other news in brief: Acelyrin, Alumis, Attmos, Bristol Myers Squibb, Concentra, Centauri, Evotec, Ideaya, Nippon Shinyaku, Regenxbio. Read More

Regulatory actions for March 5, 2025

Regulatory snapshots, including global drug submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Amneal, Axsome, Beigene, Biogen, Capricor, Celltrion, Corcept, Genentech, Neurenati, Seres. Read More

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