Neurology May 19, 2022 SwanBio raises $56m to advance new gene therapies for neurological conditions By PBR Staff Writer This round was led by founding investors Syncona and Mass General Brigham Ventures. With this new funding round, SwanBio has so far raised $133m. SwanBio chair and chief
Drug Manufacturing May 18, 2022 Procaps Group signs agreement to buy Grupo Somar By PBR Staff Writer Grupo Somar is an integrated pharmaceutical company with focus on developing, manufacturing, and marketing branded generic, private label and OTC products aimed at the private market and providing
Oncology May 17, 2022 Proteros expands oncology collaboration with AstraZeneca By PBR Staff Writer This multi-year deal builds on the ongoing collaboration with AstraZeneca announced in June last year, to include the development of small molecule inhibitors targeting a second cancer-related epigenetic
Gastrointestinal May 16, 2022 Statera Biopharma, Lay Sciences announce intent to enter strategic partnership By PBR Staff Writer Statera Biopharma president and CEO Michael K Handley said: “The strategic partnership with Lay Sciences has the potential to produce near term revenue. “The agreement allows Statera the
Musculoskeletal Disorders May 13, 2022 Stealth receives FDA orphan drug designation for elamipretide to treat DMD By vbandhakavi Additionally, the FDA’s Division of Neurology I granted its request for a pre-IND meeting for discussing a development path for elamipretide along with products within the approved exon-skipping
Drug Manufacturing May 12, 2022 Artax Biopharma to develop oral small molecule immunomodulating agent By vbandhakavi The company focuses on transforming the treatment of T Cell-mediated pathologies. New investors, Eli Lilly and Company and Sound Bioventures, took part in the financing round along with
Oncology May 11, 2022 Moma Therapeutics completes funding for precision oncology programmes By vbandhakavi The financing round saw participation from other new investors Pavilion Capital, Section 32, Invus and LifeSci Venture Partners. All of the Series A investors of Moma including Third
Central Nervous System May 10, 2022 GNS and Arvinas partner for neurodegenerative disease drug development By vbandhakavi Under the agreement terms, Arvinas will leverage the Gemini Virtual Patient models of GNS to gain better understanding of the biology of the underlying disease. Arvinas will understand
Oncology May 9, 2022 InxMed raises funding to advance new cancer therapies By vbandhakavi The company will use these funds to expedite IN10018’s clinical trials that are currently underway for several types of cancer in the US as well as China, including
RegulationApprovals May 6, 2022 Novartis receives EC approval for Jakavi to treat GvHD By vbandhakavi These patients have inadequate response to corticosteroids or other systemic therapies. Jakavi, an oral JAK 1 and JAK 2 tyrosine kinases inhibitor, was licensed by Novartis from Incyte