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  • Biotech & Pharma Updates | March 11 - 12, 2025

Biotech & Pharma Updates | March 11 - 12, 2025

Insilico Medicine $110M Series E, Ono pays Ionis $280M upfront + biobucks for rare blood disease drug, Harbour BioMed launches a newco focused for bispecifics in obesity (with muscle preservation), Seikagaku's FDA CRL for SI-6603 due to manufacturing concerns, Oklahoma confirms first two measles cases linked to Texas-New Mexico outbreak + 21 more stories

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⬇️ The Good News ⬇️

THE GOOD
Approvals & Labels

Geron's Rytelo (telomerase inhibitor) approved in Europe for treating adults with transfusion-dependent anemia due to lower-risk myelodysplastic syndromes
Oligonucleotide, myelodysplastic syndrome, anemia - Read more

Johnson & Johnson's Monarch Quest, an AI-powered bronchoscopy robot, received FDA clearance for live CT navigation during lung cancer biopsies
CT imaging, AI, bronchoscopy, robotics - Read more

THE GOOD
Business Development

Ono Pharmaceutical pays Ionis Pharmaceuticals $280M upfront for rare blood disease drug sapablursen (targeting TMPRSS6), with potential for $660M more and royalties
Antisense oligonucleotide, polycythemia vera - Read more

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⬇️ More Good News ⬇️

THE GOOD
Clinical Trials

Merck announced positive Ph3 trial results showing once-daily oral doravirine/islatravir maintained HIV-1 viral suppression at 48 weeks with comparable safety to standard treatments
Small molecule, antiviral, human immunodeficiency virus (HIV) - Read more

ViiV Healthcare (GSK) pursues six-month IV N6LS (targeting CD4bs) therapy with cabotegravir (integrase strand transfer inhibitor) for HIV, following successful Ph2b trial showing 96% viral suppression
Monoclonal antibody, human immunodeficiency virus (HIV) - Read more

QurAlis touts positive Ph1 data for QRL-101 (Kv7 potassium channel opener) in amyotrophic lateral sclerosis and epilepsy
Small molecule, amyotrophic lateral sclerosis (ALS/Lou Gehrig's disease), biomarker, epilepsy - Read more

OSE Immunotherapeutics and GERCOR's cancer vaccine OSE2101 (Tedopi) achieved positive results in Ph2 trial for advanced pancreatic ductal adenocarcinoma
Cancer vaccine, "Off-the-shelf" cancer vaccine, pancreatic cancer - Read more

YolTech Therapeutics touts positive Ph1 data for YOLT-201 gene-editing therapy in ATTR-CM
Gene-editing, in-vivo gene-editing therapy, transthyretin amyloidosis/transthyretin amyloid cardiomyopathy (ATTR-CM), CRISPR - Read more

THE GOOD
Company Launches

Harbour BioMed launches Élancé Therapeutics to develop bispecific antibody therapies for obesity with muscle preservation benefits
Bispecific antibody, obesity, lean mass preservation - Read more

THE GOOD
Fundraises

Insilico Medicine $110M Series E, advancing AI-designed drug portfolio with lead candidate in mid-stage trials
Small molecule, drug discovery, AI, cancer, pulmonary fibrosis, inflammatory bowel disease (IBD) - Read more

Vivace Therapeutics raised $35M Series D to advance VT3989 (targeting TEAD) into Phase III trial for mesothelioma
Small molecule, mesothelioma - Read more

StimOxyGen raised £1.5M ($1.9M) funding, developing nanoparticle-based tech that delivers oxygen to hypoxic tumor environments, enhancing radiotherapy effectiveness
Nanoparticle, tumor oxygenation, cancer - Read more

THE GOOD
Investments

J&J and Legend investing $150M to expand Belgium facility for Carvykti cell therapy production to meet anticipated demand
Cell therapy, cell therapy manufacturing, facility expansion, T cell therapy, cancer - Read more

THE GOOD
Marketing

Celltrion's infliximab (targeting TNF-α) rebranding to Remdantry in Canada from April 2025, maintaining same formulation and indications
Product name change, monoclonal antibody, biosimilar, psoriatic arthritis, rheuma­toid arthri­tis, plaque psoriasis, ankylosing spondylitis, Crohn's disease, ulcerative colitis - Read more

THE GOOD
Mergers & Acquisition

Mallinckrodt and Endo consider $7B merger, potentially combining two opioid crisis-affected drugmakers who recently faced bankruptcy
Opioid, opioid epidemic, M&A strategy - Read more

PharmaCord and Mercalis merge to create a comprehensive biopharmaceutical services platform enhancing patient access and medication support
Commercialization, market access - Read more

NB Renaissance in exclusive talks to acquire Italian pharmaceutical company Genetic SpA for $764M
Small molecule, private equity acquisition - Read more

PerkinElmer acquires Project Farma, expanding OneSource professional services for life sciences customers from ideation through commercialization
Life science consulting - Read more

Tempus AI acquires Deep 6 AI, expanding its provider network to over 750 locations and 30 million patients post-IPO
Clinical trial enrolment, electronic health records, AI - Read more

THE GOOD
Partnerships

Teknova, Pluristyx, collaborating to produce and commercialize PluriFreeze cryopreservation media for allogeneic cell therapies
Cell therapy, cell therapy manufacturing, induced pluripotent stem cell (IPSC/iPS cell), reagents - Read more

Emergent BioSolutions, Rocketvax, undisclosed investment as part of strategic partnership to support Swiss biotech's R&D and portfolio expansion
Vaccine, COVID-19, company creation/building, investment + partnership - Read more

THE GOOD
Research

University of Maryland researchers show meningococcal pentavalent vaccine safe for infants in Africa, leading to WHO recommendation
Vaccine, meningococcal disease, meningitis, Low- and middle-income countries - Read more

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⬇️ The Bad News ⬇️

THE BAD
Approvals & Labels

Seikagaku received FDA complete response letter for SI-6603 (targeting GAGs), a treatment for lumbar disc herniation, due to manufacturing facility concerns
Enzyme, lumbar disc herniation, complete response letter (CRL), quality concerns - Read more

THE BAD
Clinical Trials

Ascletis Pharma's ASC47 (thyroid hormone receptor β agonist) delivers only showed 1.7% weight loss in Ph1b obesity trial, though argues benefit of slower weight loss
Small molecule, obesity - Read more

THE BAD
Lawsuits

Academics argue Gilead should be held accountable for allegedly intentionally delaying a safer HIV drug's release
Product hopping - Read more [Paywall]

⬇️ The Ugly News ⬇️

THE UGLY
Public Health

Oklahoma confirms first two measles cases linked to Texas-New Mexico outbreak
Measles, infectious disease outbreak, infectious disease - Read more

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

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