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- Biotech & Pharma Updates | January 20 - 21, 2025
Biotech & Pharma Updates | January 20 - 21, 2025
New US-gov backed $500B AI infrastructure project with potential to “revolutionize healthcare”, J&J's Spravato nasal spray lands FDA approval in treatment-resistant depression, FDA lifts hold on Amylyx Pharmaceuticals' Ph1 trial of antisense oligo AMX0114 in ALS, Arctic Therapeutics €26.5M ($27.5M) Series A funds familial dementia and Alzheimer’s disease aspirations + 20 more stories
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⬇️ The Good News ⬇️
THE GOOD
Approvals & Labels
Johnson & Johnson’s Spravato (NDMA receptor antagonist) nasal spray lands FDA approval as monotherapy for treatment-resistant depression in adults
Small molecule, treatment-resistant depression, nasal spray - Read more
Janssen-Cilag’s lung cancer combo of Lazcluze (EGFR inhibitor) plus Rybrevant (targeting EFGR, MET) handed marketing authorization by EC
Small molecule, lung cancer, bispecific antibody - Read more
Inflammatix's TriVerity diagnostic test receives FDA clearance to detect bacterial/viral infections and sepsis risk in emergency departments within 30 minutes
Diagnostic test, infectious disease, sepsis - Read more
THE GOOD
Clinical Trials
Ascletis Pharma's obesity hopeful ASC30 (GLP-1R agonist) shows promising safety and feasibility of once-a-day (or less) dosing
Small molecule, obesity - Read more
Verrica Pharmaceuticals' VP-315 delivers positive Ph2 results for treating basal cell carcinoma
Peptide, basal cell carcinoma, cancer - Read more
Valneva's IXCHIQ vaccine touts 98.3% immune response against chikungunya virus in Ph3 trial for adolescents one year after vaccination
Vaccine, chikungunya virus infection - Read more
InMed Pharmaceutical's touts positive long-term pre-clinical data in INM-901 Alzheimer’s trial; reduced neuroinflammation markers
Small molecule, Alzheimer’s disease - Read more
Disc Medicine's finalizes Ph3 trial structure for bitopertin (GlyT1 inhibitor) in erythropoietic protoporphyria, aiming for accelerated FDA approval
Small molecule, erythropoietic protoporphyria - Read more
FDA lifts hold on Amylyx Pharmaceuticals' Ph1 trial of AMX0114 (targeting CAPN2) in treating ALS
Antisense oligonucleotide, amyotrophic lateral sclerosis - Read more
Sanofi's consumer healthcare division Opella receives FDA go-ahead to pursue over-the-country conversion for erectile dysfunction med Cialis (PDE-5 inhibitor)
Small molecule, erectile dysfunction - Read more
THE GOOD
Fundraises
Arctic Therapeutics €26.5M ($27.5M) Series A, developing treatments for familial dementia and Alzheimer’s disease
Small molecule, familial dementia, Alzheimer’s disease - Read more
Gesynta Pharma SEK 304M ($27.6M) Series B, developing novel endometriosis therapy vipoglanstat (targeting mPGES-1)
Small molecule, endometriosis - Read more
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⬇️ More Good News ⬇️
THE GOOD
Investments
Trump administration announces $500B AI infrastructure project with OpenAI, SoftBank, Oracle, with potential to “revolutionize healthcare”
Infrastructure, public investment, AI - Read more
THE GOOD
IPOs
Chinese cancer drug developer Ascentage Pharma hoping for a $149M NASDAQ IPO
Small molecule, leukemia, cancer - Read more
THE GOOD
Marketing
HK inno.N and Roche Korea partner to promote Avastin, dividing marketing and research responsibilities
Drug promotion, cancer - Read more
THE GOOD
Partnerships
Eli Lilly, Merck & Co., Purdue University, form consortium to modernize drug manufacturing, including focus on innovative tech, AI; additional focus on US domestic drug manufacturing
Manufacturing innovation, biopharma manufacturing, AI -Read more
Alaya.bio, Columbia University expand collaboration to develop polymeric delivery platform for in situ CAR-T cell therapy
Cell therapy, drug delivery, in situ CAR-T, polymeric nanoparticle - Read more
SaponiQx, Probius, Ginkgo Bioworks partner to leverage quantum spectroscopy and AI to develop advanced vaccine adjuvants against biological threats
Vaccine adjuvant, AI, adjuvant development - Read more
Circio Holding, 4basebio partner to develop and test synthetic DNA vectors for genetic medicines using circVec technology
Gene therapy, cell therapy, drug delivery, DNA vector - Read more
Dermata Therapeutics, Revance Therapeutics partner to test needle-free delivery of Daxxify (botulinum toxin) using Xyngari (Spongilla powder) for hyperhidrosis treatment
Botulinum toxin, hyperhidrosis, drug delivery - Read more
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⬇️ The Bad News ⬇️
THE BAD
Clinical Trials
Atara Biotherapeutics' clinical aspirations hit with FDA clinical hold, due to compliance issues at the same third-party facility from last week’s CRL
Cell therapy, lymphoma, cancer, lupus, CAR-T - Read more
⬇️ The Ugly News ⬇️
THE UGLY
Lawsuits
Federal judge allows states to renew legal challenge against FDA's approval of abortion drug mifepristone, following Supreme Court ruling
Small molecule, abortion - Read more
THE UGLY
Regulatory
Chinese authorities investigate quality concerns of (commonly domestically produced) bulk-purchased medicines after multiple doctors report “therapeutic inconsistencies”
Quality concerns, discount drugs - Read more
THE UGLY
Warning Letters, Form 483
FDA issues warning letter to Sanofi's Genzyme plant in Massachusetts for manufacturing quality issues after failed inspection
Active pharmaceutical ingredient, manufacturing, quality concerns - Read more
You’re all caught up on the latest Pharma & Biotech News!

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