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RedHill Shares Gain As European Commission Grants Orphan Drug Status To NTM Infections Candidate

By Ragothaman Srinivasan
August 17, 10:55 AM
The European Commission has granted Orphan Drug Designation to RedHill Biopharma’s  (NASDAQ: RDHL) lead asset RHB-204 for the treatment of nontuberculous mycobacteria (NTM) disease.

RDHL

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AbbVie Calls Off Early-Stage Trial For I-Mab’s CD47-Targeted Blood Cancer Candidate

By Vandana Singh
August 17, 10:19 AM
I-Mab (NASDAQ:IMAB) disclosed in an SEC filing that AbbVie Inc (NYSE:ABBV) would discontinue the global Phase 1b study of lemzoparlimab combination therapy with…

ABBV

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Intercept Settles Ocaliva Litigation With Reddy’s Lab

By Vandana Singh
August 17, 10:16 AM
Intercept Pharmaceuticals Inc (NASDAQ:ICPT) and its subsidiary Intercept Pharma Europe Limited settled patent litigation with Dr. Reddy’s Laboratories Ltd (NYSE:RDY). The litigation concerns…

ICPT

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AstraZeneca Slaps Lawsuit Against Former Employee As He Moves To Close Rival: Report

By Vandana Singh
August 17, 10:11 AM
AstraZeneca Plc (NASDAQ:AZN) has filed suit against former VP and head of investor relations Chris Sheldon as he prepares…

AZN

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Palisade Bio Shares Drop Following Commencement Of Late-Stage Return Of Bowel Study

By Ragothaman Srinivasan
August 17, 9:44 AM
Palisade Bio (NASDAQ: PALI) has dosed first patient in its Phase 3 study evaluating lead asset LB1148 to accelerate the return of bowel function in adult patients undergoing gastrointestinal surgery.

PALI

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GSK’s Rare Blood Cancer Candidate Goes Under FDA Review

By Vandana Singh
August 17, 8:44 AM
The FDA has accepted GSK plc’s (NYSE:GSK) marketing application for momelotinib, a potential new medicine with a proposed differentiated mechanism of…

GSK

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Israeli Ministry Of Health Approves National Coverage For CytoSorb

By Bill Haddad
August 17, 7:22 AM
PRINCETON, N.J., Aug. 17, 2022 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ:CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via

CTSO

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Recap Of Tuesday’s Biotech Catalysts – End Of the Day Summary

By Ragothaman Srinivasan
August 16, 5:54 PM
The U.S. Food and Drug Administration (FDA) has approved Amphastar’s (NASDAQ:AMPH) New Drug Application (ND”) for Epinephrine injection…

AMPH

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This Inflammatory Disease Focused Stock Is Well Positioned For $12B Crohn’s Disease Market

By Vandana Singh
August 16, 3:52 PM
Credit Suisse says that Ventyx Biosciences Inc’s (NASDAQ:VTYX) topline Phase 1 MAD data for its allosteric TYK2 inhibitor, VTX958 establishes clear differentiation from…

VTYX

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These Depression Players Are Top Picks For $400B Mental Healthcare Market, Says Analyst

By Vandana Singh
August 16, 3:40 PM
HC Wainwright expects COMPASS Pathways Plc (NASDAQ: CMPS) and Cybin Inc (NYSE: CYBN) to be leaders in the emerging $400 billion mental healthcare market.

CMPS

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