Workflow
Biotechnology
icon
Search documents
Lilly and Adverum announce expiration and completion of Adverum tender offer and acquisition
Prnewswire· 2025-12-09 13:28
Core Viewpoint - Eli Lilly and Company has successfully completed a tender offer to acquire Adverum Biotechnologies, with a cash payment of $3.56 per share and potential additional payments through contingent value rights [1][2][3] Group 1: Acquisition Details - The tender offer for Adverum's shares expired on December 8, 2025, with 16,493,335 shares tendered, representing approximately 64% of the outstanding shares [2] - The acquisition is expected to be finalized on December 9, 2025, in accordance with the Agreement and Plan of Merger dated October 24, 2025 [3] Group 2: Strategic Implications - The acquisition aims to enhance gene therapy capabilities, particularly for age-related conditions such as vision loss, as stated by Andrew Adams, Lilly's group vice president [4] - Adverum is focused on developing gene therapies for ocular diseases, with a proprietary platform designed to provide durable treatments through single-administration therapies [6]
FOXO Technologies Inc. Subsidiary, Myrtle Recovery Centers, Recognized by the Rural Health Association of Tennessee for Outstanding Community Impact
Globenewswire· 2025-12-09 13:07
Core Insights - FOXO Technologies Inc. announced that its behavioral health subsidiary, Myrtle Recovery Centers, was recognized by the Rural Health Association of Tennessee for its contributions to community health [1][2] - Myrtle Recovery Centers has been operational for two years, serving patients from 63 of Tennessee's 95 counties, highlighting the demand for accessible recovery-focused care [2] - The recognition emphasizes the importance of expanding treatment access in rural areas and reflects the effectiveness of Myrtle's treatment plans [3] Company Overview - FOXO operates four principal subsidiaries, including Myrtle Recovery Centers, which is a 30-bed behavioral health facility providing inpatient and outpatient services [5][4] - Myrtle Recovery Centers has been operating at capacity for most of 2025 and plans to expand its facilities to increase service capacity [3] - The CEO of FOXO expressed pride in Myrtle's impact on behavioral health needs in rural communities and supports the strategy of replicating Myrtle's care model across Tennessee [4]
Aptevo Therapeutics Highlights Compelling Safety and Strong Remission Rates for Mipletamig in Frontline AML at ASH 2025
Accessnewswire· 2025-12-09 13:05
Core Insights - 100% of patients in Cohorts 1-3 remain free of cytokine release syndrome, indicating a strong safety profile for the CD3 design used in the study [1] - The study evaluates mipletamig, a CD123 x CD3 bispecific molecule, in combination with azacitidine and venetoclax for newly diagnosed acute myeloid leukemia patients unfit for intensive chemotherapy [1] - Preliminary results were presented at the American Society of Hematology Annual Meeting, highlighting the potential of the ADAPTIR™ and ADAPTIR-FLEX™ platform technologies developed by the company [1] Company Summary - Aptevo Therapeutics Inc. is a clinical-stage biotechnology company focused on developing novel immune-oncology therapeutics [1] - The company utilizes proprietary ADAPTIR™ and ADAPTIR-FLEX™ platform technologies in its research and development efforts [1] Industry Context - The ongoing Phase 1b/2 RAINIER study is significant for the treatment of acute myeloid leukemia, particularly for patients who cannot undergo intensive chemotherapy [1] - The combination of mipletamig with standard treatments like azacitidine and venetoclax represents a potential advancement in the therapeutic options available for AML [1]
Guardant Health and Policlinico Gemelli Launch In-House Liquid Biopsy Testing Service in Italy
Businesswire· 2025-12-09 13:05
Core Insights - Guardant Health, Inc. has successfully launched FPG 360, an in-house liquid biopsy testing service at Policlinico Gemelli in Rome, Italy [1] - This launch is part of a series of public-private partnerships that Guardant Health has established with leading European academic and research hospitals [1] Company Developments - The introduction of FPG 360 marks a significant advancement in precision oncology services offered by Guardant Health [1] - The partnership with Policlinico Gemelli highlights the company's commitment to integrating its innovative testing solutions within prominent healthcare institutions in Europe [1]
Senti Biosciences (NasdaqCM:SNTI) Earnings Call Presentation
2025-12-09 13:00
SENTI-202-101 Promising Results in the Treatment of Relapsed/Refractory Acute Myeloid Leukemia (R/R AML) in Ongoing Phase 1 Trial (SENTI-202-101) December 9, 2025 Conference Call and Webcast NASDAQ: SNTI | sentibio.com Forward Looking Statements This presentation contains forward-looking statements of Senti Biosciences, Inc. ("we," "us," "our") within the meaning of the Private Securities Litigation Reform Act of 1995. Statements we make in this presentation may include statements which are not historical f ...
Curis Provides Updated Data from its Frontline AML Triplet Study
Prnewswire· 2025-12-09 13:00
5 of 8 patients (62.5%) achieved Undetectable MRD (uMRD) LEXINGTON, Mass., Dec. 9, 2025 /PRNewswire/ -- Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of emavusertib (CA-4948), an orally available, small molecule IRAK4 and FLT3 inhibitor, yesterday provided updated clinical data from the ongoing frontline Acute Myeloid Leukemia (AML) triplet study (CA-4948-104) in a poster presentation at the 67th ASH Annual Meeting (ASH). The AML triplet study is evaluating the addition of ...
PDS Biotech Announces New Composition of Matter Patent for PDS0101 in Japan
Globenewswire· 2025-12-09 13:00
Core Viewpoint - PDS Biotechnology Corporation has received a new patent in Japan for PDS0101, enhancing its intellectual property portfolio and providing market exclusivity for the product into the 2040s [2][4]. Group 1: Patent and Intellectual Property - The Japan Patent Office has issued Patent No. 7783866 for PDS0101, granting broad composition of matter and methods of use claims [2]. - This new patent expands previously granted patents in Japan and adds to the company's existing patents in the United States, China, Australia, and Hong Kong [2]. - The company has additional patent applications pending in several other countries, reinforcing its global intellectual property position [4][5]. Group 2: Market Context and Product Development - The incidence of HPV16-related cancers is rapidly increasing in the US and Europe, which highlights the potential market for PDS0101 [3]. - PDS0101 is currently being studied in a Phase 3 trial in combination with pembrolizumab for HPV16-positive recurrent/metastatic head and neck cancer [3][6]. - The company aims to advance broad intellectual property protections for PDS0101 and its other investigational agents in development [5].
Tiny Biotech Terns Takes Aim At Novartis' Leukemia Blockbuster
Benzinga· 2025-12-09 12:51
Core Insights - Terns Pharmaceuticals presented updated data from the CARDINAL trial of TERN-701 for chronic myeloid leukemia (CML) patients, showing promising efficacy and safety results [1][3]. Efficacy Data - Among 38 efficacy-evaluable patients, the overall major molecular response (MMR) rate was 74% (28 out of 38) at 24 weeks, with 64% (18 out of 28) achieving MMR and 100% (10 out of 10) maintaining MMR [2][3]. - The deep molecular response (DMR) achievement rate was 29% by 24 weeks, with no patients losing MMR at the data cutoff [3][5]. - The reported MMR achievement rate of 64% is significantly higher than that of approved treatments like Scemblix and investigational agents, which reported rates of 24%-32% [8]. Safety Profile - The safety profile of TERN-701 was encouraging, with 87% (55 out of 63) of patients remaining on treatment as of the data cutoff [3]. - No dose-limiting toxicities were observed, and a maximum tolerated dose was not reached, indicating a favorable safety profile [3][4]. - The majority of treatment-emergent adverse events were low grade, with no apparent dose relationship [4]. Recommended Doses - The higher MMR achievement rate of 75% at doses of 320mg and above supports the selection of 320mg and 500mg QD as the recommended phase 2 doses for expansion [4][6]. Market Potential - Analysts believe TERN-701 has the potential to disrupt the CML treatment landscape, which has a global total addressable market (TAM) of approximately $5 billion [7]. - The consistency of efficacy data from the trial adds to the bullish sentiment among analysts regarding TERN-701's market prospects [9].
Lunai Bioworks Identifies Three Parkinson's Subtypes and Prioritized Drug Targets to Accelerate Proof-of-Concept Programs and Strategic Partnerships in a $13B Market
Prnewswire· 2025-12-09 12:45
Core Insights - Lunai Bioworks has identified three clinically relevant subtypes of Parkinson's disease and prioritized drug targets, which may enhance proof-of-concept programs and facilitate strategic partnerships in a growing $13 billion market [1][6]. Company Overview - Lunai Bioworks is an AI-powered biotechnology company focused on developing precision therapeutics [1][7]. - The company utilizes its proprietary Augusta Platform to integrate large-scale proteomic data with clinical phenotyping to uncover subtypes of Parkinson's disease [2][6]. Research Findings - The analysis involved longitudinal clinical and proteomic data from over 650 participants, utilizing 4,500 proteomic probes over a median of 2.5 years, with some participants tracked for up to 5 years [3]. - Three patient subtypes linked to outcomes were identified, which can improve trial success rates and asset valuation [4][6]. - Progression-linked targets and biomarker candidates were identified to support patient stratification and treatment response assessment [5][6]. Market Potential - The current market for Parkinson's disease therapies is estimated at $6-8 billion, projected to exceed $13 billion by the 2030s due to rising prevalence and unmet medical needs [6][7]. Strategic Initiatives - The company is pursuing co-development and partnership opportunities with biopharmaceutical companies to enhance therapeutic development [6][8]. - By integrating molecular biology with clinical phenotyping, the company aims to identify precision targets that could transform Parkinson's therapy development [6][8].
OS Therapies Announces Successful pre-Marketing Authorisation Application Meeting with UK MHRA Regarding the Phase 2b Clinical Trial of OST-HER2 in the Prevention or Delay of Recurrent, Fully Resected, Pulmonary Metastatic Osteosarcoma
Newsfile· 2025-12-09 12:40
OS Therapies Announces Successful pre-Marketing Authorisation Application Meeting with UK MHRA Regarding the Phase 2b Clinical Trial of OST-HER2 in the Prevention or Delay of Recurrent, Fully Resected, Pulmonary Metastatic OsteosarcomaDecember 09, 2025 7:40 AM EST | Source: OS TherapiesAlignment achieved on all key points surrounding non-clinical, CMC and post-market authorization confirmatory study designBiomarker data advanced as key pre-specified surrogate clinical efficacy endpoint, with p ...