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Home » Authors » Lee Landenberger

Lee Landenberger

Articles

ARTICLES

Abbvie U.S. headquarters

Stepping out: Abbvie decides alpha-synuclein deal with Bioarctic is over

April 20, 2022
By Lee Landenberger
Abbvie Inc. is stepping away from a 2016 deal with Bioarctic AB to develop alpha-synuclein antibodies for treating Parkinson’s disease, originally valued at up to $775 million. Bioarctic said it plans to stay the course without its big-pocketed partner. Bioarctic’s stock (Stockholm:BIOA-B) fell 14.6% to SEK90 (US$9.40) on April 20.
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Chess board and pieces, blocks spelling out M&A

Skin in the game: Regeneron buys Checkmate for $250M

April 19, 2022
By Lee Landenberger
Regeneron Pharmaceuticals Inc. proposes to buy Checkmate Pharmaceuticals Inc. though an all-cash price of $10.50 per share for about $250 million. That’s pretty much on target with Checkmate’s April 19 closing share price (NASDAQ:CMPI) of $10.35, as the stock gained a staggering 326% on the day.
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Ukoniq

TG Therapeutics rethinks oncology as stock stumbles

April 18, 2022
By Lee Landenberger
A week before the U.S. FDA’s Oncologic Drugs Advisory Committee was to meet and review TG Therapeutics Inc.’s BLA and sNDA for the combo of ublituximab and Ukoniq (umbralisib) for treating chronic lymphocytic leukemia and small lymphocytic lymphoma, the company voluntarily withdrew the submission and now is rethinking its oncology programs. The move was tied to an FDA-requested analysis of phase III data showing that, while study met its primary endpoint, there was an imbalance in updated overall survival (OS) results favoring the control arm. A June 25 PDUFA date had been set for the combination treatment.
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Red blood cells

Protagonist’s rare blood disorder treatment whipsawed by an FDA rarity

April 14, 2022
By Lee Landenberger
It’s been one thing after another for rusfertide from Protagonist Therapeutics Inc. for the past year. Now the U.S. FDA has told the company it wants to rescind the breakthrough designation, a relatively rare occurrence, based on observed malignancies in a follow-up to September’s clinical hold.
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Biotech deal illustration

Seeing opportunity in autoinjectors, Halozyme to buy Antares for $960M

April 13, 2022
By Lee Landenberger
Drug delivery opportunities are at the heart of Halozyme Therapeutics Inc.’s nearly $1 billion acquisition of Antares Pharma Inc. The deal brings Halozyme an autoinjector platform to complement its Enhanze drug delivery technology, which is designed to reduce hours-long treatments to minutes.
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Handshake with DNA, molecules

Close to the bone marrow: Actinium in a $452M deal with Immedica

April 12, 2022
By Lee Landenberger
Actinium Pharmaceuticals Inc. is receiving an up-front $35 million with a possible $417 million in regulatory and commercial milestones in its new license and supply agreement with Immedica Pharma AB, of Stockholm. Immedica is getting the exclusive European, Middle Eastern and North African rights to Iomab-B, an antibody radiation conjugate comprising apamistamab, a CD45-targeting antibody, and the radioisotope iodine-131. Actinium is eligible for royalties in the mid-20% range on net sales.
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Ontak making a comeback with new data from Citius

April 12, 2022
By Lee Landenberger
The quixotic course of the cancer therapy Ontak continues with new top-line data from Citius Pharmaceuticals Inc. The company’s phase III study of I/Ontak (E-7777), a reformulation of previously FDA-approved oncology treatment Ontak (denileukin diftitox), was consistent with the prior formulation. No new safety signals were identified in treating persistent or recurrent cutaneous T-cell lymphoma.
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Patient in hospital bed

Call it a day: Veru’s phase III COVID-19 study can stop early, monitors say

April 11, 2022
By Lee Landenberger
In the summer of 2020, when Veru Inc. began researching sabizabulin for treating COVID-19 patients, the company’s CEO was cautioned that the virus could be gone by the time a therapy could be developed. Nearly two years later, Veru still has the compound in development and just reported phase III data that could propel it toward an emergency use authorization.
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Biocryst hits pause on enrollment in three clinical trials

April 8, 2022
By Lee Landenberger
Elevated serum creatinine levels in some participants prompted Biocryst Pharmaceuticals Inc. to pause three clinical trials involving BCX-9930, an oral, small-molecule factor D inhibitor for treating rare diseases.
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Backin’ the RSV: Pfizer expands its programs viral programs with Reviral acquisition

April 7, 2022
By Lee Landenberger
Pfizer Inc., with pockets bulging from COVID-19 vaccine money, is taking another step in respiratory syncytial virus (RSV) development with its acquisition of Reviral Ltd.
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View All Articles by Lee Landenberger

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