$GILD Paying PepStar Therapeutics $1.275bn up front for a Phase I oral IL-23 inhibitor.
#GileadNews: Today, we announced an agreement to acquire an investigational oral peptide IL-23 receptor inhibitor program. Learn more: gilead.inc/4yFW5vM
Mandy Jackson retweeted
Allergy and autoimmune biotech Lycia Therapeutics sets terms for $250 million IPO $LYCA $IPO #IPO zpr.io/5mgVNLgN9d3G
Mandy Jackson retweeted
siRNA biotech ADARx Pharmaceuticals prices upsized IPO at $17, the high end of the range $ADRX $IPO #IPO zpr.io/PCejemsLJSwc
This makes sense given $LLY’s past experience in bone health with Forteo and the potential for GLP-1 drugs to improve health for women with PCOS/PMOS.
Scoop: @EliLillyandCo has been laying the groundwork for a broader move into women’s health, assembling experts and hunting for new medicines across conditions including bone health and endometriosis.
For @business: bloomberg.com/news/articles/…
Mandy Jackson retweeted
SPAC Allarity Acquisition files for a $100 million IPO, targeting life sciences and biotech $ALLNU $IPO #IPO zpr.io/wVzhE3BJbr8k
Breaking FDA news from @PharmaPinkSheet
US FDA’s Davis, Mikhail Gain Permanent CDER, CBER Director Positions insights.citeline.com/pink-s…
Interesting thoughts on $NVS $IONS Phase III failure for Lp(a) inhibitor pelacarsen (Scrip story coming soon)
Replying to @ethanjweiss
Also this could be 1) that this was the worst of the Lp(a) directed therapies or it could be 2) that showing an improvement in ASCVD risk by lowering Lp(a) in patients aggressively treated to very low LDLc levels is not possible or 3) genetics were wrong and liek HDL, Lp(a) is a risk marker and not a mediator
A quick take from me (subscription required) on the $NVS $IONS Phase III data for Lp(a) inhibitor pelacarsen. Perhaps more to come from the Scrip team after the Labor Day weekend. insights.citeline.com/scrip/…
Notable that none of these companies involved in today’s MFN deals with the Trump administration are members of the Midsized Biotech Alliance of America, formed to lobby on behalf of mid-sized drug makers on policy issues like MFN. midsizedbiotech.com/about/
Alcon, Astellas Pharma, BeOne Medicines, BridgeBio, CSL, Kyowa Kirin, Sun Pharma, Teva Pharmaceuticals, and UCB signs MFN deals: whitehouse.gov/fact-sheets/2…
$RVMD Rasonque (Daraxonrasib) approved in the US and already available for prescribing to metastatic pancreatic cancer patients in the second line (and in 1L if not candidates for multiagent systemic therapy) at monthly WAC price of $39,800. revmed.com/media/news/13366/…
Jefferies said in a note this morning that they expected $35,000/month while an investor survey showed expectations of $41,800. $RVMD
Spreading fast. We see and smell smoke out here in La Mesa/El Cajon area. Stay safe everyone!
***ACTIVE SMOKE ADVISORY***
INCIDENT: Sorrento Fire
AFFECTED AREA: Central San Diego County
AFFECTED COMMUNITIES: Mira Mesa, Miramar, Tierrasanta, areas around Mission Trails Regional Park, College Area
For more information visit, sdapcd.org/air-quality/smoke…
#SorrentoFire
$REPL Replimune wins US FDA accelerated approval for Tudriqev (vusolimogene oderparepvec) for advanced cutaneous melanoma
Today, FDA granted approval to a genetically modified oncolytic viral therapy for adults with resistant advanced melanoma. This approval underscores FDA’s commitment to using every available regulatory tool to help bring meaningful treatment options to patients with serious diseases. fda.gov/news-events/press-an…
Mandy Jackson retweeted
Cardiovascular diseases biotech Braveheart Bio prices upsized IPO at $18, above the range $BRVE $IPO #IPO zpr.io/vicRzHeAxzR4
Takeda’s Orzeyful (oveporexton) approved for narcolepsy type 1
For the first time, a medicine has been approved for narcolepsy type 1 as a complete disorder — targeting the biology behind it, not just its symptoms.
Narcolepsy type 1 affects ~1 in 2,000 Americans and causes debilitating symptoms that touch every part of daily life. Today's approval means patients now have a therapy that addresses the full constellation of those symptoms.
This treatment received both Breakthrough Therapy Designation and Priority Review — two FDA programs designed to bring transformative medicines to patients faster. fda.gov/news-events/press-an…
Mandy Jackson retweeted
Immune-focused biotech Attovia Therapeutics prices previously upsized IPO at $17, as expected $ATTO $IPO #IPO zpr.io/mvXbGPDhQBD2
Mandy Jackson retweeted
Metabolic disorders biotech Vogenx sets terms for $75 million IPO $VOGX $IPO #IPO zpr.io/A9fsfXcJNdHJ
Mandy Jackson retweeted
Phase 1 immune system diseases biotech Attovia Therapeutics sets terms for $200 million IPO $ATTO $IPO #IPO zpr.io/jyNnjBbUXVL8
Mandy Jackson retweeted
Obstructive Sleep Apnea pharma Apnimed sets terms for $150 million IPO $APMD $IPO #IPO zpr.io/uZSJRczfJMDa
Mandy Jackson retweeted
Acute and chronic pain relief biotech Latigo Biotherapeutics files for a $100 million IPO $LTGO $IPO #IPO zpr.io/bdDvEcRAbB2g











