$Multi-billion biotech deals transform drug pipelines

The Weekly Roundup newsletter curates the top five - deals, pipeline, funding, and news from the past week.

The complete list is available here: Industry Updates

šŸ¤Deals and Collaborations

1ļøāƒ£ InSilicoTrials and AchilleS vaccines partnered to create novel vaccines and antibodies. They will use InSilicoTrialsā€™ immunogenicity tool to predict immune responses to new proteins without animal testing, accelerating development and improving safety.

2ļøāƒ£ LeMaitre will distribute Aziyo Biologicsā€™ cardiovascular patches for 3 years. LeMaitre has an option to acquire Aziyoā€™s worldwide CV patch business in years 2-3.

3ļøāƒ£ BMS signed a $1B+ deal with Tubulius to develop cancer-targeting antibody-drug conjugates (ADCs). BMS gets exclusive rights to Tubuliusā€™ P5 conjugation and Tubutecan ADC platforms.

4ļøāƒ£ GSK acquired BELLUS Health, gaining its late-stage respiratory drug Camlipixant. Camlipixant is a selective P2X3 antagonist, potentially a best-in-class treatment for refractory chronic cough. The deal strengthens GSKā€™s specialty medicines and respiratory pipeline.

5ļøāƒ£ Kane Biotech signed a U.S. distribution deal for its coactiv antimicrobial wound gel. ProgenaCare will commercialize Kaneā€™s coactiv+ wound gel in the U.S. wound care market.

ā« Pipeline and Approvals

1ļøāƒ£ Oncology: China NMPA approves InnoCareā€™s BTK inhibitor, orelabrutinib for the treatment of r/r marginal zone lymphoma.

2ļøāƒ£ Oncology: FDA approves earlier use of Rocheā€™s Polivy in common form of lymphoma.

3ļøāƒ£ Hematology: FDA approves Gamida Cell's allogeneic stem cell transplant therapy.

4ļøāƒ£ Neurology: AbbVie wins FDA approval for new migraine indication.

5ļøāƒ£ Anti-infective: Innoviva's Sulbactam-Durlobactam was unanimously recommended for approval by FDA advisory committee.

šŸ’° Funding

1ļøāƒ£ Pharmaessentia closed a $463M GDR offering to fund growth and pipeline development. The funds will support expanding BESREMi sales in the U.S., Japan, South Korea, Europe, and new markets. Pharmaessentia will also develop BESREMi for new cancer indications, advance long-acting cytokines, immunotherapies, and cell therapies.

2ļøāƒ£ Abdera Therapeutics launched with $142M in funding to develop best-in-class radiopharmaceuticals for cancer. Abdera uses its ROVEr platform to engineer tunable radiopharmaceuticals for cancer precision treatments. Funding will advance Abderaā€™s fleet of radiopharmaceutical candidates, with plans to start human trials next year.

3ļøāƒ£ Hasten Biopharma, a China-based startup, raised $315M. The funds will support acquisitions and develop Hastenā€™s innovative drug pipeline.

4ļøāƒ£ Sinopia Biosciences selected its lead drug candidate for Parkinson's and secured funding to start clinical trials. The funds will advance the development of SB-0110, Sinopia's candidate for Parkinson's disease and levodopa-induced dyskinesia.

5ļøāƒ£ Sapphiros received $11M from NIH RADx Tech to develop an OTC molecular test. The funding will advance Sapphirosā€™ high-performance OTC molecular multiplex respiratory diagnostic test. It can detect RSV, flu A, flu B, and COVID-19 in a single test.

šŸ“° Interesting News

1ļøāƒ£ A wearable patch uses sound waves to painlessly deliver drugs through the skin. Ultrasonic waves propel drug molecules into the skin, allowing the patch to treat skin conditions.

2ļøāƒ£ Stress accelerates aging, but rest can reverse it, a study found. Research showed that stress increases biological age, while relieving stress reduces or eliminates age acceleration. Chronic stress accelerated aging at a cellular level, but age-related health declines were partially or fully reversible upon stress relief.

3ļøāƒ£ Indian pharma exports to the EU grew 14% from April 2022 to February 2023. Exports reached $4.53B in that period, up from $3.98B in the same months of FY 2022. The EU is now the second largest market for Indian pharma exports after the U.S. Pharma exports to Europe recorded the highest annual growth in the past year.

4ļøāƒ£ A hydrogen inhaler eases lung issues by delivering hydrogen gas, which reduces inflammation and protects cells. Hydrogen inhalation therapy improves respiratory health.

5ļøāƒ£ Researchers built a capsule delivering insulin and proteins without injections. An ā€œoral wonder drugā€ could replace shots for diabetics. The capsule provides needle-free insulin and could revolutionize diabetes care. Oral protein drugs offer an easy, pain-free option.