Category Business

Enveda Biosciences Secures $55 Million to Boost Platform Development and Propel Multiple Candidates towards Clinical Trials

Enveda Biosciences Secures $55M to Advance AI-Driven Drug Development Enveda Biosciences, known for its pioneering use of AI in drug discovery, has announced a $55 million financing round. This round, which includes investments from new backers like Premji Invest, Lingotto…

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Scientific Debate on Defeating Aging Concludes with $10,000 Prize and Surprising Verdict, Promising New Investment Opportunities

A pivotal debate titled “How to Defeat Aging,” hosted by Open Longevity at the Foresight Institute on May 27, 2024, concluded with an unexpected outcome that shed light on the evolving landscape of rejuvenation biotechnology. The event featured Dr. Aubrey…

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Sibylla Biotech and MD Anderson Forge Strategic Partnership to Advance Small-Molecule Protein Degrader Development

Sibylla Biotech and The University of Texas MD Anderson Cancer Center have announced a strategic collaboration to discover and develop novel small-molecule cancer therapies called Folding Interfering Degraders (FIDs). These therapies disrupt the proper folding of target proteins, leading to…

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EU Approves Roche’s Alecensa as First Adjuvant Therapy for ALK+ Early-Stage Lung Cancer

The European Commission has approved Alecensa® (alectinib) monotherapy as an adjuvant treatment for adult patients with anaplastic lymphoma kinase (ALK)-positive non-small cell lung cancer (NSCLC) who are at high risk of recurrence (Stage IB [≥4 cm]–IIIA NSCLC [7ᵗʰ edition UICC/AJCC])…

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Geron’s RYTELO™ Approved by FDA for Lower-Risk MDS Treatment

Geron Corporation (Nasdaq: GERN), a biopharmaceutical company dedicated to revolutionizing blood cancer treatment, has received FDA approval for RYTELO™ (imetelstat). This approval is specifically for treating adult patients with low- to intermediate-1 risk myelodysplastic syndromes (MDS) who have transfusion-dependent anemia…

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Majority of Children with Severe SMA Maintain or Gain Mobility with Genentech’s Evrysdi: 5-Year Data

Genentech, a member of the Roche Group, shared today groundbreaking 5-year findings reaffirming the lasting effectiveness and safety of Evrysdi® (risdiplam) in children diagnosed with Type 1 spinal muscular atrophy (SMA). These insights stem from the open-label extension of the…

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Labcorp’s Assortment of Abstracts on Precision Oncology Featured at 2024 ASCO Annual Meeting

Labcorp, a renowned provider of cutting-edge laboratory services globally, is set to unveil multiple abstracts at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago from May 31 to June 4, 2024. The presentations will underscore Labcorp’s…

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Biogen’s QALSODY® (tofersen) Approved by European Commission for Rare Genetic ALS Treatment

The European Commission (EC) has granted marketing authorization, maintaining orphan designation, for QALSODY® (tofersen) to treat amyotrophic lateral sclerosis (ALS) in adults associated with a mutation in the superoxide dismutase 1 gene (SOD1-ALS). QALSODY marks the first approved therapy in…

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