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BioWorld

Wed, Jul 09, 2025
Breaking News: Trump administration impacts continue to roil the life sciences sectorBreaking News: Trump administration impacts continue to roil the life sciences sectorBreaking News: Self-amplifying mRNA technology underscored for next big pandemic
  • Kidney disease illustration

    Prokidney produces positive phase II CKD data, thunderous stock surge

    A mixed bag of top-line phase II data prompted stellar stock results for Prokidney Corp. and its chronic kidney disease (CKD) and diabetes therapy, rilparencel. The results came from two arms of the study, each with its own treatment regime. The market heartily took to the results as the company’s stock (NASDAQ:PROK) closed 515% upward at $3.73 per share after starting the day under $1 each.
  • Taiho’s pizuglanstat fails in phase III DMD trial

  • Wheat from chaff in BAFF: APRIL’s advent for Aurinia?

  • Today's news in brief

  • Prokidney produces positive phase II CKD data, thunderous stock surge

    A mixed bag of top-line phase II data prompted stellar stock results for Prokidney Corp. and its chronic kidney disease (CKD) and diabetes therapy, rilparencel. The results came from two arms of the study, each with its own treatment regime. The market heartily took to the results as the company’s stock (NASDAQ:PROK) closed 515% upward at $3.73 per share after starting the day under $1 each.
  • Taiho’s pizuglanstat fails in phase III DMD trial

    In yet another fail for the Duchenne muscular dystrophy (DMD) field, Taiho Pharmaceutical Co. Ltd.’s pizuglanstat (TAS-205) did not meet the primary endpoint in a phase III trial. The phase III Reach-DMD trial, a randomized, placebo-controlled, double-blind and open-label, extension study of pizuglanstat in patients with DMD showed no significant difference in the mean change from baseline to 52 weeks in the primary endpoint of time to rise from the floor in the ambulatory cohort of the study.
  • Wheat from chaff in BAFF: APRIL’s advent for Aurinia?

    Tickling Wall Street’s already strong interest in the mechanism of action was Aurinia Pharmaceuticals Inc., which June 30 made public positive results from the phase I single ascending-dose study with aritinercept (AUR-200), the company’s dual inhibitor of B cell-activating factor (BAFF) and a proliferation-inducing ligand (APRIL).
  • Today's news in brief

    BioWorld briefs for July 8, 2025.
  • UK industry encourages renewal of rare disease framework

    Representatives of patients’ groups, industry bodies and venture philanthropy funders are calling for a renewal of the U.K. Rare Diseases Framework, to put fresh momentum behind translational research and clinical trials, streamline regulatory oversight and improve access to therapies.
  • With surface mimicry, molecular glues shed hairpin need

    Degradation is a therapeutic strategy that could offer possibilities to get at currently undruggable target proteins. In targeted degradation, compounds induce interactions between a target protein and a protein that can tag the target for degradation. In principle, there are several pathways that could be used for such tagging; the most attention has gone to ubiquitin ligases, in particular cereblon, a protein that is part of a ubiquitin ligase complex and the target of several approved drugs.
  • Veritas, Mitsubishi Gas Chemical partner for new ASO candidates

    Veritas In Silico Inc. (VIS) entered a joint research agreement with Mitsubishi Gas Chemical Co. Inc. to use VIS’s mRNA structural motif analyzing platform technology, called Ibvis, to develop antisense oligonucleotide drug candidates.
  • Best of BioWorld: Q2

    A selection of top news from April through June 2025.

BioWorld Insider Podcast

Play buttonRobert Williamson, CEO of Triumvira Immunologics, and Hernan Bazan, CEO of South Rampart Pharma, discuss bracing for tariffs, NIH grant cuts and gifting China a biopharma leadership position.
Listen now

Analysis and data insight

  • International currency symbols

    Biopharma financings total $28.7B in H1, down 59% from 2024

    Financings
    Biopharma companies raised $7.38 billion across 99 transactions in June 2025, up from $5.55 billion in May and $2.4 billion in April. For the first half of the year (H1), total financings reached $28.74 billion, down 59% from the $70.32 billion raised during the same period in 2024. Although lower...
  • FDA nods and deals fail to lift cancer stocks Verastem, Nextcure, Iovance

    Cancer
    After falling 4.74% in the first quarter (Q1), the BioWorld Cancer Index (BCI) staged a strong recovery in Q2, ending the period up 12.78%. The broader markets followed a similar trajectory, with the Dow Jones Industrial Average rebounding from a 4.41% loss at the end of April to close Q2 with a...
  • Zanza time trickle in ESMO hourglass: more Exelixis CRC data?

    Clinical
    Exelixis Inc.’s positive phase III top-line data June 22 with zanzalintinib (zanza) in colorectal cancer had Wall Street speculating anew about the odds with the tyrosine kinase inhibitor in an important indication.
  • AI-generated image of illustration of MRI of lungs with fibrosis

    Tweaked pirfenidone, other strategies in the works for IPF

    Clinical
    Puretech Health plc’s rollout May 20 of more phase IIb data with deupirfenidone (LYT-100) in idiopathic pulmonary fibrosis (IPF) perked optimism for that compound – a deuterated form of p38 MAP kinase inhibitor pirfenidone – as well as others in the busy therapeutic space.
More in Analysis and data insight

Today's news in brief

  • Appointments and advancements for July 8, 2025

  • Financings for July 8, 2025

  • In the clinic for July 8, 2025

  • Other news to note for July 8, 2025

  • Regulatory actions for July 8, 2025

Deals and M&A

  • Bioversys, Shionogi in CHF529M lung infection collaboration

  • Henlius licenses Hanchorbio’s phase II checkpoint inhibitor HCB-101

  • Torrent Pharma to buy JB Pharma from KKR in $3B M&A deal

  • Unnatural Products joins Argenx in a $1.5B macrocyclic deal

  • Abbvie adds to in vivo CAR T efforts via $2.1B Capstan buy

  • After axing 95% workforce, Vor bets $4B+ on Remegen’s telitacicept

  • Abion strikes $1.3B antibody drug deal with unidentified partner

  • Kymera brings on Gilead as partner while Sanofi alters deal

  • Otsuka licenses Harbour’s bispecific T-cell engager for $670M

  • Avata, Oceanus partner on cannabidiol for epilepsy, schizophrenia

Financings

  • Hand holding money plant

    Abvance Therapeutics secures seed funding to limit glucose lows

    Newco news
    Abvance Therapeutics Inc. secured an undisclosed amount of capital in a seed round led by Zubi Capital to support development of an insulin and glucagon combination product that the company has been in the process of developing for approximately 18 months.
  • Innovent raises HKD$4.3B to advance R&D pipeline, global expansion

    Cancer
  • Polyactiva raises $25M series C to advance U.S. clinical programs

    Ophthalmic
  • Revmed goes global with $2B in capital for RAS(ON) inhibitors

    Cancer
  • Transthera raises $25M with Hong Kong IPO; stock up 78% on debut

    Cancer
More in Financings

Science

  • Woman receiving chemotherapy

    Chemotherapy-induced mutations are not universal phenomenon

    Clinical
    The first systematic whole genome sequencing study of how chemotherapy damages healthy tissues has shown that many, but not all, of these agents cause mutations and premature aging of normal blood cells.
  • Turn on vitamin A pathway and regenerate an ear

    Ear, nose and throat
    Lizards, zebrafish, salamanders and tritons can regrow a tail, a fin, or even an entire limb after amputation. Cut a planarian into pieces, and you will end up with a bunch of them. Researchers at the National Institute of Biological Sciences in Beijing have discovered a genetic switch linked to...
  • UK launches pharmacogenomics project targeting GLP-1s

    Regulatory
    The increased use of GLP-1 receptor agonists has led on to an increase in reports of acute pancreatitis in people taking these weight loss drugs in the U.K. That has prompted the launch of a pharmacogenomics project to investigate if there are any genetic links underlying the occurrence of this...
  • Exercise-mimicking compound offers alternative to GLP-1 therapies

    Drug design, drug delivery and technologies
  • At EAN 2025, DEI Hub launches to improve care for all

    Conferences
  • CAR T cells take on neurological disorders, though sometimes still one patient at a time

    Immune
  • At EAN 2025, DEI Hub launches to improve care for all

    Conferences
More in Science

Newco news

  • AI-generated illustration of DNA double helix

    Drug Farm harvests new immunomodulators with AI-gene editing tech

    Cancer
    Shanghai Yao Yuan Biotechnology Ltd., also known as Drug Farm, is advancing a portfolio of immune-modulating therapies for various indications including hepatitis B virus, hepatocellular cancer and a relatively new rare genetic disease called ROSAH, an acronym for retinal dystrophy, optic nerve...
  • Draig founders, left to right: John Atack, Ruth McKernan and Simon Shaw

    Newly launched Draig targeting depression with $140M series A

    Financings
    Draig Therapeutics Ltd. launched with a $140 million series A and an AMPA receptor modulator program that has completed phase I and will start a phase II trial in major depressive disorder later in 2025. The series A also will enable the company to advance two small-molecule GABA receptor...
  • 3D illustration of a chain of amino acid or biomolecules called protein

    Alphadesign: AI creating proteins from scratch

    Science
    The Alphafold machine learning system for predicting a protein’s structure from its amino acid sequence has been adapted to make it possible to design de novo proteins that fold in a particular way and bind to prespecified target proteins. The sister system, called Alphadesign, works by generating...
  • Two silhouettes with tangle, gear, spiral

    Startup Elkedonia raises €11M to advance neuroplastogen in depression

    Financings
    Newco Elkedonia SAS has raised €11 million (US$12.7 million) in a seed round, which will fund it to take a potentially first-in-class ELK-1 inhibitor into the clinic in the treatment of refractory depression. ELK-1 plays a pivotal role in neuroplasticity and in reward circuits in the brain, which...
  • Close-up of nasal drug spraying

    Mosanna launches with $80M to develop its sleep apnea drug

    Financings
    Mosanna Therapeutics secured $80 million in a series A round to develop MOS-118 as a treatment for the nearly 1 billion people globally with obstructive sleep apnea (OSA). The company has completed the formulation work to make the drug into a nasal spray and the initial proof-of-concept animal...
More in Newco news

Regulatory

  • US medical groups challenge Kennedy’s COVID-19 changes

  • Court order holds HHS to the law when removing online data

  • Missed PDUFA history as Kalvista wins FDA approval for HAE

  • Wuhan Healthgen gets chance at China IPO with SSE market reforms

  • EU unveils new ‘Choose Europe for life sciences’ strategy

  • China approves Simcere’s suvemcitug for ovarian cancer

  • Kennedy adopts two ACIP vaccine recommendations

  • New US working group to step up FCA enforcement

  • FDA approves Dizal’s sunvozertinib for metastatic non-small-cell lung cancer

  • Regeneron wins FDA nod for BCMA bispecific Lynozyfic

U.S.

  • U.S. flag and White House podium

    Massive budget reconciliation bill restores deductibility of R&D expenses

    Policy
    President Donald Trump signed House Resolution 1, the final version of which does not impose a moratorium on state legislation governing the use of AI. The bill does, however, restore the full deductibility of research and development expenses, which will be retroactive to 2022 for businesses that...
  • A lot to (not) be desired: Jasper CSU drug batch under scrutiny

    Clinical
  • Industry could feel fallout of Pfizer vaccine scrutiny

    Regulatory
  • Another court orders halt to US HHS reorganization

    Regulatory
  • ACIP questions remain unanswered

    Analysis and data insight
More in U.S.

Europe

  • Beckley Atai deal to go forth on positive phase IIb depression data

    Clinical
    The joining of psychedelic specialists Beckley Psytech Ltd. and Atai Life Sciences can now go ahead after the pair announced positive top-line results from the phase IIb study of BPL-003, an intranasal formulation of 5-MeO-DMT benzoate.
  • CHMP recommends approval of Rezdiffra, Ogsiveo and others

    Clinical
    One year after the FDA’s nod, the EMA is following on and recommending conditional approval of Madrigal Pharmaceuticals Inc.’s Rezdiffra (resmetirom) as the first drug in Europe for treating noncirrhotic metabolic dysfunction-associated steatohepatitis.
  • NICE rejects Lilly‘s Kisunla and Eisai‘s Leqembi

    Regulatory
    To no great surprise, the U.K.’s health technology assessment body has found that the benefits of the first two approved Alzheimer’s disease drugs are too small to justify the costs. Neither Kisunla (donanemab, Eli Lilly and Co. Inc.) or Leqembi (lecanemab, Eisai Co. Ltd.), “demonstrate sufficient...
  • Astrazeneca makes $5.3B drug R&D pact with CSPC

    Cancer
  • ‘Be Part of Research,’ UK government urges with NHS app

    Clinical
  • Enterome raises $19M to advance non-Hodgkin lymphoma therapy

    Clinical
  • Biontech’s $1.25B Curevac buyout removes mRNA lawsuit uncertainty

    Deals and M&A
More in Europe

Clinical

  • Apogee’s Apex phase II reads out for APG-777 in atopic dermatitis

    Dermatologic
    Apogee Therapeutics Inc. plans to enter a crowded atopic dermatitis market with established drugs, such as Dupixent (dupilumab, Regeneron Pharmaceuticals Inc. and Sanofi SA) and Ebglyss (lebrikizumab-lbkz, Eli Lilly and Co.), which are sold by...
  • Cogent makes lucid phase II mastocytosis case for bezuclastinib

    Cancer
    Cogent Biosciences Inc. is eyeing an NDA submission to the U.S. FDA by the end of this year in the wake of positive top-line results from the registration-directed second part of the Summit phase II trial testing bezuclastinib in non-advanced...
  • With new flu data, Moderna reconsiders its COVID combo

    Infection
    Solid phase III efficacy results for Moderna Inc.’s seasonal influenza vaccine, mRNA-1010, may lead the company to resubmit a BLA for a flu/COVID-19 combo shot it has been developing. The top-line data showed Moderna’s flu vaccine produced a...
  • Xpro phase II miss as Inmune’s Mindful tunes in to AD subgroup

    Neurology/psychiatric
    Inmune Bio Inc. claimed a phase II win with TNF inhibitor Xpro (pegipanermin) in early Alzheimer’s disease (AD), though the study missed its primary and secondary endpoints, leading shares of the firm (NASDAQ:INMB) to close at $2.16, down $3.18,...
  • Sleep apnea, cancer and obesity drugs lead May phase III wins

    Analysis and data insight
    BioWorld tracked 223 clinical trial updates across phases I to III in May 2025, marking an increase from 197 in March and 151 in April. Among these, 17 trials reported positive phase III results, while two ended in failure and another two...
  • Altimmune’s phase IIb in MASH hits and misses, stock halves

    Gastrointestinal
    Top-line results from Altimmune Inc.’s phase IIb Impact study of pemvidutide in treating metabolic dysfunction-associated steatohepatitis showed the peptide-based GLP-1/glucagon dual receptor agonist hit one primary endpoint while not hitting...
More in Clinical

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podcast microphone, sound waves on purple backgroundBreakthrough medicines, billion-dollar deals, spectacular clinical successes and crushing failures all play a part in biopharma’s dynamic story. Developers make scientific advancements with the potential to change everything, only to face regulatory conundrums and ever-fluctuating markets. BioWorld tracks key events in the fast-moving sector every business day. Now, the BioWorld Insider podcast lets you hear directly from the movers and shakers whose collective work is changing how we all live. Join us each week for a new conversation.


Recent episodes:

  • The importance of balancing AI and people in drug development
  • Two CEOs discuss bracing for tariffs, NIH grant cuts and
    gifting China biopharma leadership position
  • As biopharma investments stumble, med tech surges
  • Mega money well spent? Mammoth mergers fall short of the dream
  • Healing the health divide for women
  • Modifi gets creative on the rocky road to a multibillion-dollar buyout
  • A quantum leap into the future of drug development
  • Gene and cell therapies will propel innovation, says Astellas CCO
  • Capricor’s CEO pursues a BLA and talks rare disease
  • The first half of 2024 was strong as M&As and financings dominate

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