Core Insights - Er-Kim has been appointed by Immunocore as the distribution and commercialization partner for KIMMTRAK in Turkey and the MENA, Caucasus, and CIS regions [1][3] - KIMMTRAK is a treatment for HLA-A*02:01-positive adults with unresectable or metastatic uveal melanoma, a rare and aggressive form of melanoma [1][2][4] - The partnership aims to improve access to innovative cancer treatments in regions with high unmet medical needs [3] Company Overview - Er-Kim, established in 1981, specializes in biopharmaceutical innovation and has partnered with over 40 global leaders [3] - The company has a reach of over 600 million patients and generates revenues exceeding EUR 305 million [3] - Er-Kim employs over 300 professionals worldwide and focuses on sustainable and flexible business models [3] Product Information - KIMMTRAK (tebentafusp) is approved in certain countries as a monotherapy for HLA-A*02:01-positive adult patients with unresectable or metastatic uveal melanoma [4] - The availability and prescribing conditions for KIMMTRAK may vary by country [4]

Core Insights - Abeona Therapeutics Inc. has been added to the U.S. small-cap Russell 2000® Index and the broad-market Russell 3000® Index, effective June 30, 2025, marking a significant milestone for the company [1][2] - The inclusion in these indexes is expected to enhance the company's visibility and attract a wider range of investors, particularly following the FDA approval of ZEVASKYN™ [2] - The Russell 3000® Index includes the 3,000 largest U.S.-traded stocks, and membership is updated annually, providing a benchmark for investment strategies [3] Company Overview - Abeona Therapeutics is a commercial-stage biopharmaceutical company focused on developing cell and gene therapies for serious diseases [4] - ZEVASKYN™ is the first autologous cell-based gene therapy approved for treating wounds in patients with recessive dystrophic epidermolysis bullosa (RDEB) [4] - The company operates a fully integrated cGMP manufacturing facility in Cleveland, Ohio, which is responsible for ZEVASKYN's commercial production [4]

Core Viewpoint - BridgeBio Pharma has entered into a royalty financing agreement, selling a portion of its royalties from BEYONTTRA sales in Europe for $300 million, which will provide immediate capital to support its operations and product launches [1][2][4]. Financial Details - The agreement allows BridgeBio to receive $300 million in exchange for 60% of royalties on the first $500 million of annual BEYONTTRA net sales in Europe, with total payments capped at 1.45 times the initial investment [3][4]. - BridgeBio has previously received $210 million in upfront and regulatory milestone payments from Bayer for BEYONTTRA and anticipates an additional $75 million in near-term milestone payments [4]. Product Information - BEYONTTRA is an orally administered stabilizer of transthyretin (TTR) for treating wild-type or variant transthyretin amyloidosis in adult patients with cardiomyopathy (ATTR-CM) [6][8]. - Acoramidis, the active ingredient in BEYONTTRA, has shown significant clinical benefits, including a 42% reduction in composite adverse cardiovascular events and a 50% reduction in cumulative frequency of cardiovascular events at 30 months compared to placebo [6]. Strategic Partnerships - The partnership with HealthCare Royalty and Blue Owl Capital is aimed at strengthening BridgeBio's balance sheet to support the launch of Attruby and its pipeline of genetic medicines [2][3]. - HCRx has expressed confidence in the commercial potential of BEYONTTRA and is committed to supporting innovation in the biopharmaceutical industry through this investment [3].

Company Overview - Palvella Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapies for serious, rare genetic skin diseases that lack FDA-approved treatments [4] - The company is developing a pipeline of product candidates based on its patented QTORIN™ platform, with its lead product candidate being QTORIN™ 3.9% rapamycin anhydrous gel, currently in Phase 3 and Phase 2 clinical trials [4] Market Position - Palvella has been added to the Russell 3000 Index and the Russell 2000 Index, effective June 30, 2025, as part of the annual Russell indexes reconstitution [1][2] - Membership in the Russell 3000 Index indicates automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index, which is significant for market visibility and investment opportunities [2] Industry Context - The Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.6 trillion in assets benchmarked against these indexes as of June 2024 [3]

Core Insights - The Phase 2 MINDFuL trial of XPro™ in early Alzheimer's Disease (AD) patients with inflammation biomarkers did not meet the primary cognitive endpoint in the modified intent-to-treat (mITT) population, but showed cognitive, behavioral, and biological benefits in a predefined subgroup of amyloid-positive patients with two or more inflammation biomarkers [1][3][4] Group 1: Trial Results - The MINDFuL trial enrolled 208 participants with early-stage AD, assessing XPro™'s potential to slow cognitive decline by targeting neuroinflammation [4] - In the predefined subgroup of amyloid-positive early AD patients with two or more inflammation biomarkers (n=100), XPro™ demonstrated a cognitive benefit on the primary endpoint EMACC (effect size: 0.27) and a behavioral benefit on the Neuropsychiatric Inventory (effect size: -0.24) [7] - A biological benefit was observed in blood levels of pTau217 (effect size: -0.20), indicating a positive impact on AD pathology [7] Group 2: Safety and Tolerability - XPro™ treatment was well-tolerated and safe, with no occurrences of ARIA-E or ARIA-H reported [2][7] - The most common adverse events were injection site reactions, occurring in 80% of the XPro™ group compared to less than 20% in the placebo group [7] - There were no deaths or drug-related hospitalizations during the trial, indicating a favorable safety profile [7] Group 3: Future Plans - The company plans to submit for Breakthrough Therapy designation with the FDA and will present additional analyses at the Alzheimer's Association International Conference (AAIC) in July 2025 [2][10] - The company aims to engage regulatory authorities in the UK, EU, and other regions to define the path for a pivotal trial to support XPro™ approval in early AD [14]

DUBLIN, June 30, 2025 (GLOBE NEWSWIRE) -- Avadel Pharmaceuticals plc (Nasdaq: AVDL), a biopharmaceutical company focused on transforming medicines to transform lives, announced that, on Friday, June 27, 2025, the U.S. Court of Appeals for the District of Columbia Circuit (the “Appeals Court”) affirmed a prior decision of the U.S. District Court for the District of Columbia (the “District Court”) in favor of the U.S. Food and Drug Administration (“FDA”) in a suit brought by Jazz Pharmaceuticals Inc. (“Jazz”) ...

Core Insights - Traws Pharma is advancing its antiviral pipeline with multiple regulatory submissions for tivoxavir marboxil (TXM) and ratutrelvir, targeting seasonal and bird flu as well as COVID-19 [1][2][3] Group 1: Tivoxavir Marboxil (TXM) - A Phase 2 study protocol has been submitted to evaluate TXM in patients with seasonal influenza and H5N1 bird flu, aiming for a non-inferiority comparison with XOFLUZA® [2][3] - The study will enroll subjects in Australia and Southeast Asia, regions with high rates of human bird flu infections, to assess TXM's efficacy [2][3] - Traws Pharma is in discussions with the FDA regarding accelerated approval pathways for TXM under the Animal Rule [4][3] - TXM is designed as a single-dose oral treatment with demonstrated in vitro activity against various influenza strains, including H5N1 [8] Group 2: Ratutrelvir - A separate Phase 2 study protocol has been submitted for ratutrelvir, a protease inhibitor for newly diagnosed COVID patients, comparing it to PAXLOVID [4][6] - The study will evaluate a 10-day treatment regimen for ratutrelvir against the 5-day regimen for PAXLOVID, focusing on efficacy, safety, disease rebound, and Long COVID incidence [4][5] - Ratutrelvir is positioned as a ritonavir-independent treatment, potentially broadening its use among patients ineligible for PAXLOVID [9][6] Group 3: Market Potential - The seasonal influenza antiviral market represents a multi-billion dollar opportunity, driven by global health organizations and potential pandemic outbreaks [8] - The COVID-19 treatment market also presents significant potential, with ratutrelvir aiming to address gaps in existing therapies [9]

SAN DIEGO, June 30, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Sarepta Therapeutics, Inc. (NASDAQ: SRPT) securities between June 22, 2023 and June 24, 2025, both dates inclusive (the “Class Period”), have until August 25, 2025 to seek appointment as lead plaintiff of the Sarepta class action lawsuit. Captioned Dolgicer v. Sarepta Therapeutics, Inc., No. 25-cv-05317 (S.D.N.Y.), the Sarepta class action lawsuit charges Sarepta and certain of Sarepta’s t ...

Core Insights - Rakovina Therapeutics is advancing next-generation cancer therapies through AI-powered drug discovery, highlighting its strategic objectives for H2 2025 amid a rapidly evolving global AI landscape [1][2]. Industry Overview - The biopharmaceutical industry is experiencing a transformative shift due to artificial intelligence, which is significantly impacting drug discovery, testing, and delivery processes [2]. - Recent collaborations, such as AstraZeneca's $5.3 billion agreement with CSPC Pharmaceutical Group, underscore the growing momentum in AI-driven drug development [2]. Company Highlights - Rakovina holds exclusive licenses to two AI discovery platforms, Deep Docking™ and Enki™, which can analyze billions of chemical structures at 100 times the speed of traditional methods [3]. - The Deep Docking™ platform was developed by Dr. Artem Cherkasov, who previously identified a compound that was licensed to Roche for $142 million, marking a significant achievement in life-sciences IP [4]. - The company operates an integrated discovery engine that combines in silico screening with biochemical and cellular validation through a collaboration with UBC [5]. H1 2025 Accomplishments - Rakovina presented two scientific posters at the AACR 2025 meeting, showcasing advancements in AI-derived DNA-damage response inhibitors [8]. - The kt-2000 program demonstrated improved metabolic stability and pharmacokinetic profiles, while the kt-5000 program unveiled potent ATR inhibitor candidates designed for CNS penetration [8]. - The company strengthened its financial position by closing an oversubscribed private placement and convertible debt financing of CAD 4.9 million [8]. - Rakovina began trading on the Frankfurt exchange and appointed new financial and scientific leaders to enhance governance and expertise [8]. Strategic Objectives for H2 2025 - The company plans to enter development collaborations for lead candidates in Q3 2025 and continue advancing preclinical development of its DNA Damage Response therapies [14]. - Rakovina aims to integrate AI and data science to enhance drug discovery capabilities and expand engagement with global institutional investors and strategic partners [14]. - The company seeks to secure non-dilutive funding through government initiatives and strategic alliances to support expanded drug development activities [14].

Core Insights - Sanofi has made its Q2 2025 Aide mémoire available on its website to assist in financial modeling of the Group's quarterly results, with the official results set to be published on July 31, 2025 [1] - The company is focused on R&D and utilizes AI to develop medicines and vaccines, aiming to address urgent healthcare challenges and improve lives globally [2] Company Overview - Sanofi is listed on both EURONEXT and NASDAQ, indicating its presence in major financial markets [3] - The company emphasizes its commitment to innovation and societal impact through its research and development efforts [2]