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BioSpace News Archive
Browse BioSpace’s published news and press releases by year, month, and day.
154 Results
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Policy
FDA Rejects Aldeyra’s Eye Cancer Injection, Citing Lack of Well-Controlled Studies
With no well-controlled data to support its efficacy, the FDA rejected Aldeyra’s methotrexate injection for primary vitreoretinal lymphoma.
June 22, 2023
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2 min read
·
Tristan Manalac
FDA
Sarepta Shares Fall Due to Concerns Over Elevidys’ Potential for Label Expansion
Shares of Sarepta dropped 11% a day after securing accelerated approval for the first gene therapy to treat Duchenne muscular dystrophy over concerns about the potential for label expansion.
June 22, 2023
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4 min read
·
Heather McKenzie
Policy
FY22 Drug Recalls Highest in Five Years: FDA Report
The FDA’s fiscal year 2022 report on the State of Pharmaceutical Quality also flagged a spike in inspections, non-compliant products and import alerts.
June 22, 2023
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2 min read
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Tristan Manalac
Policy
US Government Seeks New Judgment, Trial After Gilead’s HIV PrEP Victory
The government asked a federal judge to overturn a verdict in which a Delaware jury ruled in favor of Gilead, deciding that its preventative HIV drugs Truvada and Descovy did not infringe on its patents.
June 22, 2023
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2 min read
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Heather McKenzie
Deals
Tourmaline Bio, Talaris Therapeutics Announce Reverse Merger in Stock Deal
Under the merger announced Thursday, Tourmaline shareholders will own nearly 80% of the new company, which will retain its name and continue to focus on developing its anti-IL 6 antibody.
June 22, 2023
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2 min read
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Connor Lynch
Novartis-Backed Tagworks Raises $65M Series A to Further ADC, Click-to-Release Tech
The biotech is leveraging the potential of antibody-drug conjugates for non-internalizing targets in solid tumors through its proprietary Click-to-Release platform.
June 22, 2023
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2 min read
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Kate Goodwin
Genetown
Tagworks Pharmaceuticals Announces $65 Million in Series A Financing to Advance Click-to-Release Therapeutics
Tagworks Pharmaceuticals BV announced a $65 million Series A financing led by Ysios Capital and Gilde Healthcare with participation from Novartis Venture Fund, New Enterprise Associates, and Lightstone Ventures.
June 22, 2023
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8 min read
Job Trends
Press Release: Availability of the Q2 2023 Memorandum for modelling purposes
Sanofi announced that its Q2 2023 Memorandum for modelling purposes is available on the “Investors” page of the company’s website:.
June 22, 2023
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4 min read
Business
Ferring Pharmaceuticals appoints new Executive Chairman among key changes to Board of Directors
Ferring Pharmaceuticals announced that Jean-Frédéric Paulsen has been appointed Executive Chairman of the Ferring Group, as it enters a new phase of growth following the approval of two innovative medicines by the US Food and Drug Administration.
June 22, 2023
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4 min read
Drug Development
Memo Therapeutics AG Starts U.S. Pivotal Phase II/III Clinical Trial with AntiBKV for Treatment of BKV Infection in Renal Transplant Patients
Memo Therapeutics AG, a late-stage biotech company developing best-in-class therapeutic antibodies, announced that the first patient has been enrolled in a pivotal, multicenter U.S. Phase II/III trial of AntiBKV, MTx’s antibody therapeutic that targets BK polyomavirus infection in renal transplant patients.
June 22, 2023
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4 min read
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