The recent collaboration between biotech creation engines Two River and Third Rock Ventures has led to the formation of TRC 2004, which has licensed a bispecific T-cell engager (BiTE) from Genor Biopharma. TRC 2004 has acquired the ex-China rights to the CD20/CD3-targeting BiTE, known as GB261,
The biotech industry has seen a flurry of activity, with companies undertaking significant workforce restructuring, achieving crucial FDA approvals, and navigating the complex landscape of clinical trials. These developments reflect both the challenges and advancements within the sector, offering a
The acquisition of Jnana Therapeutics by Otsuka Pharmaceutical for $800 million in cash marks a significant moment in the pharmaceutical industry. This bold move grants Otsuka access to Jnana's innovative drug discovery platform, along with their experimental medicine for treating
Jim Wilson, a seminal figure in the field of gene therapy, is departing the University of Pennsylvania (UPenn) after an illustrious career spanning decades. His decision to step down marks a significant juncture for both the institution and the broader gene therapy landscape. Over the years, Wilson
Pulmonary arterial hypertension (PAH) is a debilitating and life-threatening condition characterized by the blockage and narrowing of pulmonary arterioles. Current treatment options primarily focus on symptomatic relief, especially through the use of vasodilators. These medications help widen blood
The FDA's recent approval of a new treatment for severe alopecia areata marks a significant advance in addressing this challenging condition. Deuruxolitinib, branded as Leqselvi and developed by Sun Pharmaceutical Industries, will now compete with existing treatments from Eli Lilly and Pfizer,
