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Telix revives Olaratumab development with positive preclinical data

Pharmaceutical Technology

Telix has announced the successful preclinical development of radiolabelled olaratumab, an antibody licensed by Eli Lilly and Company. Olaratumab will be denoted as TLX300 in Telix’s development pipeline. Telix has demonstrated proof-of-concept (PoC) and will now progress to first-in-human clinical studies.

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World’s Top 10 Pharma Companies (By 2023 Revenue)

XTalks

The top ten pharma companies in 2023 by revenue accounted for about 35 percent of the market value, with total earnings of $559.5 The top big pharma players have remained relatively consistent in their market positions over the past several years. Here is a look at the top ten pharma companies in 2024 based on 2023 revenue.

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Novartis taps immuno-oncology partner BeiGene for TIGIT drug

pharmaphorum

Novartis has joined the ranks of big pharma companies developing TIGIT-targeted drugs for cancer, and found its candidate in an existing partner, Chinese biotech BeiGene. Pharma companies are looking at whether blocking TIGIT as well as PD-1/PD-L1 can improve the efficacy of cancer immunotherapy.

Drugs 98
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BioArctic left in the cold as AbbVie abandons Parkinson’s pact

pharmaphorum

One of the leading companies in the bid to bring a new class of alpha-synuclein targeting drugs to market for Parkinson’s disease – AbbVie – is ducking out of the challenge. ” She added that BioArctic will now “investigate options to continue the development of this asset.”

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Little Summit Therapeutics spends big bucks to rebuild pipeline

pharmaphorum

$500 million upfront and a total deal value of up to $5 billion sounds like a deal made by a top-tier pharma company – but in fact it comes from diminutive biotech Summit Therapeutics.

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Pfizer’s RSV Vaccine; Forte Biosciences’ Atopic Dermatitis Asset; Bone Therapeutics’ Osteoarthritis Programme; JandJ’s HIV Vaccine Trial; Versanis Bio $70 M Series A Financing; AC Immune’s Alzheimer’s Antibody Drug

Delveinsight

California-based pharma company Forte has been testing FB-401 , which comprises three therapeutic strains of a commensal gram-negative bacteria, as a possible therapy for atopic dermatitis. Based on the findings of the phase II trial, the company intends to stop the development of FB-401 for this indication.

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Bayer props up sagging radionuclide business with Noria acquisition

pharmaphorum

At the moment, Xofigo is the only approved TAT on the market, but Bayer is also developing a pipeline of other candidates based on thorium-227 linked to antibodies or small-molecule drugs. The technology behind the drug was licensed from Weill Cornell Medicine and Johns Hopkins University in the US.