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Redx shares soar after IPF drug licence deal with AstraZeneca

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The deal consisted of a $29m loan and a $1m investment and gave the company enough funding to carry on its R&D work into next year. The RXC006 deal makes sense for AstraZeneca, which has respiratory diseases as one of its main focus areas, although IPF is being targeted by other pharma companies too.

Drugs 109
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Novartis adds gene therapy for blindness with Gyroscope buy

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Gyroscope Therapeutics and its gene therapy for the sight-robbing disease geographic atrophy (GA) has been acquired by a big pharma company – but likely not the one you would expect. CFI regulates the activity of the complement immune system which is over-activated in GA. It has been fast-tracked by the FDA.

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Clive Dix: Rebuilding UK biotech

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Dix, who was previously chairman of the BioIndustry Association trade body, said the country’s unique healthcare system and research capabilities were instrumental in attracting vaccine developers. If you look at the development we signed 15,000 people in six weeks in a trial set up by the NHS.

Vaccine 98
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Novartis taps immuno-oncology partner BeiGene for TIGIT drug

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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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physIQ licenses virtual trial tech to Janssen in multi-year deal

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Biosensor firm physIQ has licensed its technology to Johnson & Johnson’s Janssen pharma unit in a multi-year deal, to investigate use of wearable sensors in virtual clinical trials. The pharma company will use the technology known as accelerateIQ to collect data across its clinical studies through a variety of wearable biosensors.

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ExeVir ready for clinic with variant-targeting llama antibody

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Last year, Belgium’s ExeVir Bio raised 23 million euros ($27 million) to finance development of llama antibodies – and now it is ready to begin clinical development of a potential treatment that could be effective against emerging COVID-19 variants.

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IQVIA’s report card for clinical trial diversity: must do better

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While the numbers are disappointing, IQVIA’s report suggests there are signs of improvement, at least in the commitment of regulators, the pharma industry, payers and other stakeholders to do better.