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Palvella Therapeutics Added to Russell 3000® and Russell 2000® Indexes
Globenewswire· 2025-06-30 11:30
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]
INmune Bio Reports Key Findings from Phase 2 MINDFuL Trial of XPro™ in Early Alzheimer's Disease
Globenewswire· 2025-06-30 11:30
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]
Avadel Pharmaceuticals Announces Unanimous Appeals Court Decision Upholding FDA Approval of LUMRYZ in Narcolepsy in Administrative Procedure Act Litigation
Globenewswire· 2025-06-30 11:00
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”) ...
Traws Pharma Advances Antiviral Pipeline with Multiple Regulatory Submissions
Globenewswire· 2025-06-30 10:30
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]
INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Sarepta Therapeutics, Inc. (SRPT) Investors with Substantial Losses Have Opportunity to Lead the Sarepta Class Action Lawsuit
GlobeNewswire News Room· 2025-06-30 10:00
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 ...
Rakovina Therapeutics Highlights Strong H1 Progress and Unveils Strategic Priorities for H2 2025
Globenewswire· 2025-06-30 07:00
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].
Press release: Availability of the Q2 2025 Aide mémoire
Globenewswire· 2025-06-30 05:30
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]
Press Release: Riliprubart granted orphan drug designation in Japan for chronic inflammatory demyelinating polyneuropathy
Globenewswire· 2025-06-30 05:00
Core Insights - The Japanese Ministry of Health, Labour and Welfare has granted orphan drug designation to riliprubart for chronic inflammatory demyelinating polyneuropathy (CIDP), highlighting its potential to address significant unmet medical needs in this rare neurological condition [1][5] - Approximately 30% of CIDP patients do not respond to standard therapies, and many who do experience incomplete responses, indicating a substantial market opportunity for riliprubart [3][5] Company Overview - Sanofi is an R&D driven biopharma company focused on improving lives through innovative medicines and vaccines, leveraging a deep understanding of the immune system [4] - The company is currently conducting two phase 3 studies for riliprubart, aiming to establish it as a first-in-class treatment for CIDP [5] Product Development - Riliprubart (SAR445088) is a humanized IgG4 monoclonal antibody that selectively inhibits activated C1s in the classical complement pathway, potentially reducing inflammation and preventing nerve damage in CIDP [3] - Long-term efficacy and safety data from a phase 2 study of riliprubart were presented, suggesting sustained benefits for CIDP patients [2] Market Context - There are approximately 4,000 diagnosed CIDP patients in Japan, with a significant portion experiencing debilitating symptoms despite existing therapies [1][3] - The orphan drug designation in Japan adds to similar recognitions in the US and Europe, reinforcing the global regulatory acknowledgment of riliprubart's potential [5]
A factory in a lab: Idorsia's breakthrough synthetic glycan vaccine platform validated for the first time in humans
Globenewswire· 2025-06-30 05:00
Ad hoc announcement pursuant to Art. 53 LR Potential first-ever vaccine directed against C. difficile bacteria and spores induces positive antigen titers in humans that recognize the bacteriaInitial data from healthy participants confirm the vaccine is safe, well-tolerated and immunogenicThe study serves as a clinical validation for Idorsia's revolutionary synthetic glycan vaccine technologyIdorsia will now activate partnering discussions to advance as fast as possible the development of the C. difficile va ...
Stalicla Secures CHF 2 Million Financing Led by Addex Therapeutics to Advance Precision Medicine Neurodevelopmental Disorder Programs
GlobeNewswire News Room· 2025-06-30 05:00
Core Insights - Stalicla SA has successfully closed a CHF 2 million financing round led by Addex Therapeutics to advance its precision medicine programs for neurodevelopmental disorders [1][2] - The financing will support Stalicla's operations and program development as it prepares for a Series C financing and partnerships for key programs [1][2] - Stalicla's DEPI precision neuro platform and its autism assets, STP1 and STP2, have garnered investor confidence, while the STP7 program (mavoglurant) is progressing towards Phase 3 trials [1][3] Company Overview - Stalicla SA is a clinical-stage biopharmaceutical company based in Switzerland, having raised over $50 million in equity and more than $30 million in non-dilutive funding to enhance treatments for neurodevelopmental disorders [3] - The company has developed a neuro precision development platform that identifies stratified patient subgroups, facilitating personalized treatment options [3] - Stalicla is preparing to initiate Phase 2 trials for its leading asset, STP1, targeting specific subpopulations within autism, while STP7 is advancing towards Phase 3 trials with funding from the US government [3] Leadership and Strategic Direction - Tim Dyer has been appointed to the Board of Directors of Stalicla and nominated as Chairman, indicating a strategic partnership with Addex Therapeutics [2] - Lynn Durham, CEO of Stalicla, emphasized the importance of this financing in reaching significant milestones, including transformative clinical trials in autism and substance use disorders [2] - Addex Therapeutics recognizes Stalicla's platform as world-leading in precision medicine for neurodevelopmental disorders and aims to support the advancement of these critical medicines [2]