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⬇️ The Good News ⬇️

THE GOOD
Approvals & Labels

Theramex’s menopause-induced osteoporosis peptide lands UK’s NICE recommendation (Eladynos)
Synthetic peptide, osteoporosis, menopause - Read more

THE GOOD
Business Development

Pathos AI buys worldwide license to Prelude Therapeutics PRMT5 inhibitor (PRT811)
Small molecule, solid tumor, glioma, melanoma, cancer - Read more

ArriVent BioPharma opts to license cancer asset as part of 2.5 years old $100M partnership with Aarvik Therapeutics
Antibody-drug conjugate, oncology, cancer - Read more

THE GOOD
Clinical Trials

DermBiont showcases initial positive Ph2a carcinoma trial data (SM-020)
Small molecule, topical, gorlin syndrome, carcinoma, cancer - Read more

Turnstone Biologics posts promising Ph1 TIL data, though financial concern sink stock
Tumor-infiltrating lymphocyte (TIL), cell therapy, colorectal cancer, head and neck cancer, uveal melanoma - Read more

THE GOOD
Earnings & Finances

A public health emergency is great news for Bavarian Nordic shareholders as stock jumps nearly 50% over the last week
Vaccine, infectious disease outbreak, monkeypox (mpox) - Read more

THE GOOD
Fundraises

Kalm Therapeutics $700k seed raise
Non-steroidal topical, medical device, atopic dermatitis, psoriasis - Read more

HistoSonics turns it up louder with $102M Series D for ultrasound-powered liver cancer treatment
Medical device, ultrasound, liver cancer - Read more

ViroCell Biologics complete oversubscribed financing round, terms undisclosed
CDMO, cell and gene therapy - Read more

THE GOOD
Investments

Abata Therapeutics nabs strategic investment from Bristol Myers Squibb
Regulatory T cells (Treg), autoimmune, type 1 diabetes, primary progressive multiple sclerosis (PPMS) - Read more

Insulet debuts 400k sqft insulin delivery device manufacturing site in Malaysia
Medical device, insulin delivery, diabetes, manufacturing - Read more

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⬇️ The Good News (Cont’d) ⬇️

THE GOOD
Partnerships

Zealand Pharma’s looking for a commercial partner for their obesity asset (petrelintide)
GLP-1/GLP-2, obesity - Read more

Nanoform collabs with Takeda on plasma-derived therapy development
Plasma-derived therapy, drug delivery, rare disease - Read more

NorthStar Medical Radioisotopes, Convergent Therapeutics strategic collab (CONV01-α)
Monoclonal antibody-radioisotope conjugate, radiopharma, prostate cancer - Read more

Nuntius Therapeutics, Taiho Pharmaceutical mRNA-based therapy cell-specific delivery collab
mRNA, cells-specific drug delivery, cancer, neurodegenerative diseases - Read more

THE GOOD
Politics & Policy

Medicare unveils first round of drug price negotiations enabled by the IRA
Inflation reduction act, drug pricing - Read more

THE GOOD
Research

Scale Biosciences launches “100 Million Cell Challenge”
Single cell projects, RNA sequencing, high-throughput sequencing - Read more

Denali Therapeutics showcases new brain drug delivery tech; animal studies
Engineered antibody, drug delivery, blood-brain barrier - Read more

Blackrock Neurotech’s brain implant (+ AI) returns voice to ALS patient
Medical device, brain implant, brain-computer interface, amyotrophic lateral sclerosis (ALS) - Read more

THE GOOD
Strategic Plans

Bayer’s massive restructuring not slowing down dealmaking according to BD head - Read more

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⬇️ The Bad News ⬇️

THE BAD
Clinical Trals

SIGA Technologies Tpoxx antiviral misses primary endpoint, though CEO mentions this was “not entirely unexpected“
Small molecule, smallpox, monkeypox (mpox) - Read more

THE BAD
Lawsuits

Pfizer’s $107.5M Tagrisso patent win against AstraZeneca thrown out by Delaware judge
Small molecule, lung cancer, drug patent - Read more

THE BAD
Layoffs

Lykos Therapeutics can’t catch a break, as they cut 75% of their staff (including it’s Founder)
Small molecule, psychedelic, MDMA, depression - Read more

THE BAD
Research

How good is AI in drug discovery? Not great, according to recent Leash Bio contest
AI, drug discovery - Read more [Read more]

THE BAD
Strategic Plans

Lyra Therapeutics pauses LYR-220 development in an effort to refocus
Small molecule, chronic rhinosinusitis, nasal mesh, drug delivery - Read more

⬇️ The Ugly News ⬇️

THE UGLY
Withdrawals & Recalls

Two separate injectable sodium chloride solution recalls from B. Braun (particulate concerns) and Baxter (endotoxin concerns)
Sodium chloride solution injectable, metabolic alkalosis, anticoagulant - Read more

You’re all caught up on the latest Pharma & Biotech News!

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