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Press Release: Sanofi's SAR446597 earns fast track designation in the US for geographic atrophy due to age-related macular degeneration
GlobeNewswire News Room· 2025-07-16 05:00
Core Insights - The FDA has granted fast track designation to Sanofi's SAR446597, a one-time intravitreal gene therapy for geographic atrophy due to age-related macular degeneration [1][6] - This designation aims to expedite the development and review of treatments for serious conditions with unmet medical needs [1] Product Details - SAR446597 delivers genetic material encoding two therapeutic antibody fragments that inhibit critical components of the complement pathway, potentially offering sustained complement suppression and reducing treatment burden [2] - The therapy targets the underlying pathophysiology of complement-mediated retinal diseases through long-term expression of therapeutic proteins after a single intervention [2] Clinical Development - Sanofi plans to initiate a phase 1/2 study to evaluate the safety, tolerability, and efficacy of SAR446597 [3] - Additionally, Sanofi is evaluating another gene therapy, SAR402663, for neovascular wet age-related macular degeneration in a phase 1/2 study [3] Market Context - Age-related macular degeneration affects approximately 200 million people globally, with geographic atrophy impacting around 1 million people in the US, over 2.5 million in Europe, and more than 5 million worldwide [3] - Geographic atrophy leads to permanent vision loss and significantly affects quality of life, including daily activities such as reading and driving [3] Company Focus - Sanofi aims to improve the lives of individuals with serious neuroinflammatory and neurodegenerative diseases, including age-related macular degeneration [4] - The company is exploring innovative therapies in retinal diseases, particularly those connected to immune system conditions, as part of its growth strategy [4]
Shareholder Alert: Robbins LLP Informs Investors of the Biohaven Ltd. Corporation Class Action
Prnewswire· 2025-07-16 04:56
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for allegedly misleading investors regarding the viability of its drug candidates, particularly troriluzole and BHV-7000 [1][2]. Group 1: Company Overview - Biohaven Ltd. is a biopharmaceutical company focused on developing therapies in immunology, neuroscience, and oncology [1]. - The company is working on several product candidates, including troriluzole for spinocerebellar ataxia (SCA) and BHV-7000 for bipolar disorder [1]. Group 2: Allegations - The lawsuit claims that Biohaven overstated the regulatory prospects and data sufficiency for troriluzole as a treatment for SCA [2]. - It is also alleged that the efficacy and clinical prospects of BHV-7000 for bipolar disorder were similarly overstated [2]. - The revelations from the lawsuit are expected to have a significant negative impact on Biohaven's business and financial condition [2]. Group 3: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must file their papers by September 12, 2025 [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3].
Amgen: Biosimilars And Rare Disease Pipeline Crucial To Overcome Patent Cliff Concerns
Seeking Alpha· 2025-07-16 03:40
Core Insights - Amgen Inc is a leading biopharmaceutical company focused on research and development of medicines for various diseases, including inflammation, rare diseases, and cardiovascular diseases [1] Company Overview - Amgen operates globally, emphasizing its commitment to developing innovative therapies [1] Investment Perspective - The company aims to provide long-term returns for investors through its focus on fundamental analysis of dividend and growth equities across diverse sectors [1]
Cullinan Therapeutics: Betting On Zipalertinib NDA Catalyst
Seeking Alpha· 2025-07-16 02:24
Company Overview - Cullinan Therapeutics, Inc. (NASDAQ: CGEM) is a biopharmaceutical company that employs a modality-agnostic approach to drug development, targeting biological mechanisms in oncology and autoimmune conditions [1] Business Strategy - The company selects the most effective modality for each therapeutic target, indicating a flexible strategy that adapts to various treatment needs [1] Partnerships - Cullinan Therapeutics engages in partnerships to enhance its drug development capabilities, which may provide additional resources and expertise [1]
Akeso Announces First Patient Enrolled in the Phase III Trial(AK112-312/HARMONi-GI6)of Ivonescimab for First-Line Treatment of Advanced Metastatic Colorectal Cancer
Prnewswire· 2025-07-16 01:47
Core Viewpoint - Akeso, Inc. has initiated a Phase III clinical trial for ivonescimab as a first-line treatment for advanced metastatic colorectal cancer (mCRC), addressing a significant unmet clinical need in this area [1][2][7]. Industry Overview - Colorectal cancer is the third most common cancer globally and the second leading cause of cancer-related deaths, with over 1.9 million new cases and approximately 904,000 deaths reported in 2022 [3]. - About 95% of mCRC cases are classified as microsatellite stable (MSS) or proficient mismatch repair (pMMR), which traditionally show poor responses to immunotherapy [3]. - Current standard treatments for mCRC include chemotherapy combined with targeted therapies, but the overall efficacy remains limited, with a five-year survival rate for advanced patients of less than 20% [4]. Company Initiatives - The Phase III trial (AK112-312/HARMONi-GI6) aims to validate the clinical benefits of ivonescimab, which has shown promising Phase II efficacy data in combination with chemotherapy for MSS/pMMR-type mCRC [5][7]. - The combination of ivonescimab with FOLFOXIRI demonstrated an overall response rate (ORR) of 81.8% and a disease control rate (DCR) of 100%, indicating compelling anti-tumor activity in this difficult-to-treat patient population [6]. Future Prospects - If successful, ivonescimab could provide a novel first-line immunotherapy treatment option for patients with advanced mCRC, potentially improving outcomes compared to existing therapies [7].
Autolus Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-07-15 20:05
LONDON & GAITHERSBURG, Md., July 15, 2025 (GLOBE NEWSWIRE) -- Autolus Therapeutics plc (Nasdaq: AUTL), an early commercial-stage biopharmaceutical company developing, manufacturing and delivering next-generation programmed T cell therapies and candidates, today announced that the compensation committee of the Company's Board of Directors granted stock option awards to purchase an aggregate of 360,550 shares of its common stock to 60 employees pursuant to the Company’s 2025 Inducement Plan. The stock options ...
Alkermes to Report Second Quarter Financial Results on July 29, 2025
Prnewswire· 2025-07-15 20:00
Company Overview - Alkermes plc is a global biopharmaceutical company focused on developing innovative medicines in neuroscience [3] - The company has a portfolio of proprietary commercial products targeting alcohol dependence, opioid dependence, schizophrenia, and bipolar I disorder [3] - Alkermes is headquartered in Ireland, with additional offices in Massachusetts and a manufacturing facility in Ohio [3] Upcoming Financial Event - Alkermes will host a conference call and webcast presentation on July 29, 2025, at 8:00 a.m. ET to discuss its second quarter financial results [1] - The conference call can be accessed by U.S. callers at +1 877 407 2988 and international callers at +1 201 389 0923 [2] - A replay of the webcast will be available approximately two hours after the event on Alkermes' website [2]
Biocon Biologics Expands Diabetes Portfolio with FDA Approval of Kirsty™, the First and Only Interchangeable Rapid-Acting Insulin Aspart in the United States
Globenewswire· 2025-07-15 19:25
Core Insights - Biocon Biologics Ltd has received FDA approval for Kirsty™ (Insulin Aspart-xjhz), marking it as the first and only interchangeable biosimilar to NovoLog® in the U.S. [1][2][3] - Kirsty™ is a rapid-acting human insulin analog aimed at improving glycemic control in both adults and pediatric patients with diabetes mellitus [1][3]. - The approval of Kirsty™ enhances Biocon Biologics' biosimilar insulin portfolio, which includes Semglee® (Insulin Glargine-yfgn Injection) [2][3]. Company Overview - Biocon Biologics is recognized as a global leader in biosimilars and insulin production, providing over 9.2 billion doses of insulin globally [4]. - The company has achieved several industry milestones, including the first approval of biosimilar Trastuzumab in the U.S. and has a comprehensive portfolio of 20 biosimilar assets across various therapy areas [5][11]. - Biocon Biologics serves over 5.8 million patients annually across more than 120 countries, focusing on affordable access to high-quality biosimilars [10][11]. Market Context - There are approximately 38.4 million people with diabetes in the U.S., representing about 11.6% of the total population, with nearly a quarter undiagnosed [3]. - The U.S. sales of Insulin Aspart were approximately $1.9 billion in 2024, indicating a significant market opportunity for Kirsty™ [3].
Predictive Oncology Issues Shareholder Letter: Well Financed to Support Expanded U.S. Availability and E.U. Launch of ChemoFx® and Pursuit of Other High-Value AI-Driven Drug Discovery and Development Opportunities
Globenewswire· 2025-07-15 13:00
$10 million securities purchase agreement provides efficient and flexible funding in support of strategic multi- million dollar growth initiatives Discussions underway to expand adoption of ChemoFx in the U.S. and accelerate initial launch in Europe PITTSBURGH, July 15, 2025 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery, today issued the following shareholder update: To my fellow Shareholders, The past several weeks have been particularly noteworthy and pr ...
Neurocrine Biosciences Presents New Analysis of CAHtalog® Registry Showing Most Patients with Classic Congenital Adrenal Hyperplasia Experienced High Glucocorticoid Exposure, Suboptimal Disease Control or Both at ENDO 2025
Prnewswire· 2025-07-15 12:30
SAN DIEGO, July 15, 2025 /PRNewswire/ -- Neurocrine Biosciences, Inc. (Nasdaq: NBIX) today announced results from a new analysis using real-world data from CAHtalog®, a comprehensive registry of patients with classic congenital adrenal hyperplasia in the United States. The analysis demonstrated significant variability in glucocorticoid treatment regimens and frequent changes in health status and outcomes over time in both pediatric and adult patients. These results were presented at the Endocrine Society's ...