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Biotech

Biotech

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Johnson & Johnson To Acquire Early-Stage Eczema Treatment Developer Proteologix For $850M

By Vandana Singh
May 16, 12:35 PM
Johnson & Johnson acquires Proteologix for $850 million, expanding its bispecific antibody portfolio for immune-mediated diseases.

JNJ

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Roche To Ride Booming Obesity Treatment Market With Newly-Acquired Drug Candidate

By Vandana Singh
May 16, 12:31 PM
Roche's Genentech reported results from the Phase 1b trial of CT-388 for obesity and type 2 diabetes. The 24-week study showed significant weight loss and improved glycemic status in participants, with mild to moderate adverse events.

RHHBY

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Tale Of Two Ionis-Partnered Neurology-Focused Early Stage Assets-Biogen Discontinues One, Decides Not To Exercise Licensing Option For Another

By Vandana Singh
May 16, 12:11 PM
Ionis Pharmaceuticals and Biogen have halted development of BIIB105 for ALS after Phase 1/2 study results showed no impact on key clinical outcomes.

BIIB

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FDA Approves Expanded Use Of Bristol Myers Squibb’s Breyanzi Cancer Cell Therapy For Previously Treated Follicular Lymphoma

By Vandana Singh
May 16, 11:56 AM
FDA grants accelerated approval for Bristol Myers Squibb's Breyanzi, a CAR T cell therapy, for relapsed or refractory follicular lymphoma. Breyanzi is included in NCCN guidelines and shows high response rates and sustained clinical benefits in trials.

BMY

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AstraZeneca’s COVID-19 Prevention Therapy Cuts Risk Of Infection In Patients With Weaker Immunity, Data Shows

By Vandana Singh
May 16, 11:34 AM
AstraZeneca's Phase 3 SUPERNOVA trial shows sipavibart significantly reduces symptomatic COVID-19 in immunocompromised patients. The trial met primary endpoints, showing effectiveness against various SARS-CoV-2 variants.

AZN

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‘PDS Biotech’s Survival Benefit Is Absurdly Overstated’ – By Adam Feuerstein/ STAT News

By Benzinga Newsdesk
May 16, 11:03 AM
https://www.statnews.com/2024/05/16/pds-biotech-survival-benefit/ This is the online edition of Adam's Biotech Scorecard, a new subscriber-only newsletter. STAT+ subscribers can sign up here to get it

PDSB

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Bristol Myers Squibb Presents New 4-Year Sotyktu Data Demonstrate Durable Response Rates And Consistent Safety In Moderate-To-Severe Plaque Psoriasis

By Benzinga Newsdesk
May 16, 10:26 AM
Following four years of continuous Sotyktu treatment, clinical response was maintained in more than seven out of 10 patients for Psoriasis Area and Severity Index (PASI) 75 in the POETYK PSO long-term extension trialNo

BMY

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Eli Lilly’s Weekly Insulin Dose On Par With Commonly Used Daily Doses, Phase 3 Studies Show

By Vandana Singh
May 16, 10:13 AM
Eli Lilly phase 3 trials reveal once-weekly insulin efsitora as a non-inferior alternative to daily basal insulins for type 2 diabetes.

LLY

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Southeastern Pennsylvania Transportation Authority Launches 3D Fare Gates Pilot Program With Conduent Transportation

By Benzinga Newsdesk
May 16, 8:49 AM
SEPTA pilots Conduent's solution with plans to expand the number of fare gates in the futureConduent's 3D Fare Gate Solution is designed to detect, deter and quantify fare evasion, benefiting both agencies and

CNDT

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BullFrog AI And The Lieber Institute For Brain Development Collaborates To Identify Novel Drug Targets For Neuropsychiatric Disorders

By Benzinga Newsdesk
May 16, 8:18 AM
BullFrog AI Holdings, Inc. (NASDAQ:BFRG, BFRGW)))) ("BullFrog AI" or the "Company"), a technology-enabled drug discovery company using artificial intelligence (AI) and machine learning to enable the successful discovery

BFRG

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