The 71st annual American College of Cardiology’s Scientific Session saw several wins – and some “mehs” led by some of biopharma’s largest companies, according to BioSpace.
Money on the Move: June 30 – July 6
Biology, Business, CAR-T Therapy, Clinical Trials, CRISPR, Financing, Financing, Hereditary Transthyretin Amyloidosis (hATTR), Initial Public Offering (IPO), Nasdaq, Neuromodulation, Pulmonary Arterial Hypertension, R&D, Series A, Series B, Series C Financing, SharesThe IPO train continues to barrel down the tracks as more life sciences companies announced and closed their initial public offerings, bringing millions more to their coffers.
Intellia Therapeutics and Regeneron Pharmaceuticals shook the biotech and CRISPR world on June 26, announcing positive early data from the first-ever patients to have their DNA edited with an in vivo CRISPR/Cas9 therapy delivered systemically.
The U.S. Food and Drug Administration approved Janssen Pharmaceuticals’ Darzalex Faspro for adults with newly diagnosed light chain amyloidosis.
Takeda Pharmaceutical Co. Ltd. will discontinue a late-stage study testing the company’s experimental treatment for amyloidosis, which did not meet the first of two main goals.
FDA Approves Record-Breaking 59 Novel Drugs in 2018
Approvals, Calcitonin Gene-Related Peptide (CGRP), Cancer, Dravet syndrome, Epilepsy, Fabry Disease, FDA, FDA/Regulatory, First-In-Class, Hereditary Transthyretin Amyloidosis (hATTR), Migraine, New Molecular Entities, Polyneuropathy, RNA Interference (RNAi), SeizuresOver the course of 2018, the FDA approved 59 different novel drugs that range for the treatment of various cancers, chronic obstructive pulmonary disease (COPD), traveler’s diarrhea, migraine headaches and more.
Gotham Therapeutics launched in New York with a $54 million Series A financing. The round was co-led by founding investor Versant Ventures, Forbion, and S.R. One.
The U.S. Food and Drug Administration approved Akcea Therapeutics’ rare genetic disease drug Tegsedi, which was developed along with Ionis Pharmaceuticals.
Pfizer rare heart disease drug reduces risk of death by 30 percent in study
Breakthrough Therapy Status, Clinical Data, Clinical Studies, Clinical Trials, Familial Amyloid Polyneuropathy, FDA, Heart Disease, Hereditary TTR Amyloidosis (hATTR), Neurodegenerative Diseases, Potential Blockbusters, R&D, Transthyretin Amyloid Cardiomyopathy (ATTR-CM)Pfizer Inc.’s tafamidis reduced the risk of death for patients with a rare and fatal heart disease by around 30 percent, boosting the prospects of what could be a billion-dollar-a-year drug.
The European Medicines Agency’s Committee for Medicinal Products for Human Use issued a Positive Opinion over Alnylam Pharmaceuticals’ patisiran for hereditary transthyretin-mediated amyloidosis (hATTR amyloidosis) in adults with stage 1 or stage 2 polyneuropathy.