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  • Biotech & Pharma Updates | March 19 - 20, 2025

Biotech & Pharma Updates | March 19 - 20, 2025

Sanofi to pay up to $1.9B for Dren Bio's bispecific for autoimmune diseases, Alnylam's Amvuttra approved by FDA for transthyretin amyloidosis with cardiomyopathy, Delpharm receives $42M from Canada to upgrade former Sandoz plant in Quebec that produces essential sterile injectables, Century Therapeutics pivots cell therapy aspirations to autoimmune diseases after cancer failure, medical orgs and doctors jointly affirm vaccine safety amid misinformation and infectious disease outbreaks + 35 more stories

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Sanofi to pay up to $1.9B for Dren Bio's bispecific DR-0201 (targeting CD20, phagocytic receptors) for autoimmune disease treatment. | Gif: snl on Giphy

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⬇️ The Good News ⬇️

THE GOOD
Approvals & Labels

Alnylam's Amvuttra (targeting TTR mRNA) approved by FDA for transthyretin amyloidosis with cardiomyopathy, expanding label
Transthyretin amyloidosis/Transthyretin amyloid cardiomyopathy (ATTR-CM), siRNA - Read more

BrePco Biopharma and Piramal announce MHRA approval for Neoatricon, a pediatric-strength dopamine hydrochloride solution for neonatal and pediatric intensive care units
Small molecule, hypotension - Read more

AcuCort receives unlimited marketing authorization for Zeqmelit in Norway, previously granted time-limited approval in 2022.b
Small molecule, allergic reaction, nausea associated with chemotherapy - Read more

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⬇️ More Good News ⬇️

THE GOOD
Business Development

Sanofi to pay up to $1.9B for Dren Bio's DR-0201 (targeting CD20, phagocytic receptors) for autoimmune disease treatment
Bispecific antibody, autoimmune disease - Read more

Alvotech acquires Xbrane's Swedish R&D operations and biosimilar candidate XB003 for approximately $27M
Facility sale, research center, research & development, biosimilar, monoclonal antibody fragment, Rheuma­toid arthri­tis, axial spondyloarthritis, psoriasis, psoriatic arthritis - Read more

THE GOOD
Clinical Trials

Monte Rosa's MRT-6160 (targeting VAV1), partnered with Novartis, shows 90% VAV1 degradation in Ph1 trial for immune-mediated diseases
Small molecule, inflammatory disease, molecular glue degrader, protein degrader - Read more

Kintor Pharmaceutical's KX-826 (topical androgen receptor (AR) antagonist) tincture meets Ph3 endpoint for hair loss, showing significant increases in hair count and width
Small molecule, hair loss, topical - Read more

THE GOOD
Fundraises

SV Health Investors $250M Dementia Discovery Fund, developing first-in-class therapeutics for dementia
Venture capital, dementia, biotech investing, life science investment - Read more

Akebia Therapeutics $50M public offering (with potential for $7.5M more), developing kidney disease treatments
Small molecule, chronic kidney disease anemia, chronic kidney disease - Read more

Wheeler Bio $35M Series A-1, biopharma CDMO expanding partner base, team, and capabilities to accelerate therapies
CDMO (Contract Development & Manufacturing Organization), biologics manufacturing - Read more

Brainomix £14M ($17.5M) Series C, AI imaging for stroke and lung fibrosis, expanding to US with recent FDA clearances
Fibrosis-driven disease, imaging, AI, medical device, software - Read more

9Bio Therapeutics and TransBIOTech received $450,000 ARD grant to develop next-generation oncology therapeutics
Cancer, drug development, antibody-drug conjugate (ADC) - Read more

Olio Labs $4.5M funding, AI-powered therapeutic design platform moving beyond traditional drug discovery methods
Drug discovery, drug design, AI - Read more

THE GOOD
Investments

Delpharm receives $42M from Canada to upgrade former Sandoz plant in Quebec that produces essential sterile injectables
CDMO (Contract Development & Manufacturing Organization), facility expansion, sterile manufacturing, injectables manufacturing - Read more

THE GOOD
IPOs

Visen Pharmaceuticals, Ascendis Pharma's China partner for endocrine treatments, raises $86M in Hong Kong IPO
Hormone, peptide, pediatric growth hormone deficiency, achondroplasia, hypoparathyroidism - Read more

THE GOOD
Mergers & Acquisition

Paratek acquires OptiNose for up to $330M, expanding beyond antibiotics to include Xhance, a treatment for chronic rhinosinusitis
Small molecule, chronic rhinosinusitis, drug-device combo - Read more

HCSC completes $3.3 billion acquisition of Cigna's Medicare businesses, adding 3.6 million Medicare members while Cigna plans share buybacks
Medicare Advantage, health insurance, Centers for Medicare and Medicaid Services (CMS) - Read more

THE GOOD
Partnerships

CEPI, AstraZeneca partner to develop multi-specific VHH antibody for pandemic influenza prevention with $43.5M funding
Antibody, influenza, drug development - Read more

Nvidia, Sapio Sciences partnership integrates BioNeMo platform for AI-driven drug discovery within lab informatics workflows
Drug discovery, AI, platform technology - Read more

Nvidia, ReSync Bio, partnership integrates NVIDIA BioNeMo NIM microservices into ReSync's platform for AI-powered drug discovery
Small molecule, AI, drug discovery - Read more

Flatiron Health, NRG Oncology partnering to provide data capture technology for NCI clinical trials to accelerate research
Clinical development, clinical trial data collection - Read more

Marengo Therapeutics, University of Pennsylvania exploring T cell agonist mechanisms for cancer treatment and precision T cell depletion for autoimmune diseases
Research & Development, T cell engager, bispecific antibody, cancer - Read more

Eckert & Ziegler, AtomVie global supply agreement for Lutetium-177 to support radiopharmaceutical development and manufacturing
Radiopharm, CDMO (Contract Development & Manufacturing Organization), radiopharm manufacturing, isotope supply, cancer - Read more

THE GOOD
Politics & Policy

Seven Democratic senators demand Trump reverse CDC layoffs, saying staff cuts endanger Americans and requesting details on terminated programs
Centers for Disease Control and Prevention (CDC) - Read more

THE GOOD
Public Health

Medical organizations jointly affirm vaccine safety amid misinformation and disease outbreaks, urging public adherence to vaccination schedules
Vaccine, vaccine hesitancy - Read more

CDC reschedules delayed vaccine advisors meeting for mid-April
Centers for Disease Control and Prevention (CDC), advisory committee, vaccine - Read more [Paywall]

THE GOOD
Research

Experimental drug reduces dementia risk by removing brain amyloid plaques in people genetically predisposed to early-onset Alzheimer's
Alzheimer's disease, amyloid plaque-hypothesis - Read more

University of Chicago, Insilico Medicine, and Prelude Therapeutics identify PRMT5 inhibition as potential treatment for rare adenoid cystic carcinoma
Adenoid cystic carcinoma, cancer, AI, target discovery - Read more

University of Lausanne researchers develop regulatory T-cell therapy that reduces gluten-triggered autoimmune responses in mice with celiac disease
Regulatory T-cell (Treg), cell therapy, autoimmune disease, food allergy, celiac disease - Read more

Researchers at China Pharmaceutical University discovered mandimycin, a bacterial compound effective against drug-resistant fungi listed as priority pathogens
Small molecule, antifungal, antibiotic resistance - Read more

THE GOOD
Strategic Plans

Novo Nordisk reorganizes R&D into three therapy areas, emphasizing integration of AI while focusing on diabetes and obesity treatments
Big pharma strategy, research & development - Read more

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⬇️ The Bad News ⬇️

THE BAD
Layoffs

Elevation Oncology cuts 70% of their employees
Antibody-drug conjugate (ADC), gastric cancer, gastroesophageal junction adenocarcinoma - Read more

THE BAD
Market Reports

Drugmakers warn UK's life-sciences sector faces decline due to high government drug rebate proposals compared to European counterparts
Biotech ecosystem - Read more

THE BAD
Mergers & Acquistions

Eyenovia shares fell 14% after announcing potential merger with Betaliq, creating combined ophthalmology company with Eyenovia owning 16.3%
Glaucoma, drug delivery, small molecule - Read more

THE BAD
Partnerships

BioNTech declines acting on option to co-develop Autolus Therapeutics’ duel targeting CAR-T AUTO1/22 (targeting CD19/CD22) amid pipeline prioritization
Cell therapy, CAR-T, cancer, drug development - Read more

THE BAD
Regulatory

Akero Therapeutics says FDA's regulatory guidance for accelerated approval of MASH drugs is "bizarre" despite promising cirrhosis data
"Metabolic dysfunction-associated steatohepatitis (MASH), Non-alcoholic fatty liver disease/nonalcoholic steatohepatitis (NASH)", Accelerated Approval, Regulatory guidance - Read more [Paywall]

FDA study reveals 67% of rare disease drugs approved 2020-2023 relied on single trial plus confirmatory evidence
Drug approval process, rare disease - Read more [Paywall]

THE BAD
Strategic Plans

Century Therapeutics ends cancer trial, pivots to autoimmune diseases with CNTY-101 after data fell short of expectations
Cell therapy, allogeneic cell therapy, cancer, lymphoma, autoimmune disease, pipeline strategy, stem cell-derived therapy, CAR-iNK - Read more

Elevation Oncology discontinues EO-3021 development (targeting CLDN18.2), while pivoting to HER3-targeting ADC after trial failure
Antibody-drug conjugate (ADC), gastric cancer, gastroesophageal junction adenocarcinoma - Read more

⬇️ The Ugly News ⬇️

THE UGLY
Warning Letters, Form 483

FDA warns Aspen Pharmacare about microbial contamination risks and inadequate quality controls at sterile manufacturing facility
Sterility concerns, sterile manufacturing - Read more [Paywall]

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

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