BioSpace News Archive

Business

SpringWorks Scores GSK Partnership Expansion, $225M Raise

SpringWorks announced the expansion of its partnership with GlaxoSmithKline to develop nirogacestat in combination with GSK’s Blenrep for relapsed or refractory multiple myeloma.

September 8, 2022
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2 min read
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Tristan Manalac
Drug Development

Alnylam’s Patisiran Clears Phase III Hurdle in ATTR With Cardiomyopathy

Alnylam announced results Thursday from the APOLLO-B study of patisiran that showed improved functional capacity in (ATTR) amyloidosis patients with cardiomyopathy.

September 8, 2022
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2 min read
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Tristan Manalac
Business

Photys Leads Spate of Series A Announcements with $75M for PHICS

Photys Therapeutics launched Thursday with $75 million in financing and a focus on developing phosphorylation-inducing chimeric small molecule medicines to target underserved diseases.

September 8, 2022
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3 min read
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Alex Keown
Deals

Arcutis Snaps Up Ducentis Bio to Bolster Atopic Dermatitis Pipeline

Dermatology drugmaker Arcutis is acquiring Ducentis Biotherapeutics for $14 million in cash, $16 million in stock and milestones.

September 8, 2022
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1 min read
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Paul Elias
Drug Development

BioVie Biomarker Study Points to Improvements in Alzheimer’s

BioVie announced topline results from a Phase II biomarker study in Alzheimer’s disease showing patient improvements in cognition and reductions in neural inflammation.

September 8, 2022
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3 min read
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Alex Keown
Drug Development

SpringWorks, Eli Lilly and More Release Data Ahead of ESMO

SpringWorks, Eli Lilly, EMD Serono and Mirati released data ahead of the European Society of Medical Oncology (ESMO) 2022 Meeting in Paris.

September 8, 2022
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4 min read
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Alex Keown
Policy

Report: Pharma Companies Use Charitable Donations to Make a Profit

A new report has shed light on some pharmaceutical companies’ attempts to circumvent federal anti-kickback statutes by profiting from large donations to patient assistance organizations.

September 8, 2022
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3 min read
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Alex Keown
In Vitro Lung Model Market to Experience Significant Growth During the Forecast Period 2026

Human lungs are delicate organs and are the main portal for entry and exit of aerosolized materials and gases.

September 8, 2022
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5 min read
Drug Development

Long COVID Research Initiative Forms to Target Root Cause of Lingering Virus

A collaborative team of scientists formed The Long COVID Research Initiative to study and treat those battling the long-term effects of the virus, which include serious mental and physical symptoms.

September 8, 2022
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2 min read
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Alex Keown
Business

Movers & Shakers: Homology Medicines, GlycoMimetics, MiMedx and More Tap New Execs

Homology Medicines and MiMedx both posted new CEOs. Other C-suite positions, including CFOs and CMOs were also filled this week.

September 8, 2022
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5 min read
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Alex Keown