Following the high-profile failure of its lead product in February, Celsus Therapeutics is merging with Volution Immuno Pharmaceuticals in an all-stock transaction that will allow the company the ability to access cash and continue funding its other development programs.
The two small biotechs announced the merger on 13 July, but did not disclose the financial terms of the deal....
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CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.
A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand
Fresh from having sold Anthos to Novartis, the new CEO is expected to update the oncology and dermatology-focused firm's strategy.
Green light follows a recent rejection by the US FDA to partner Regeneron's request for an extension to the dosing interval.
Recent moves in the industry include C-suite changes at Atalanta Therapeutics and Climb Bio, plus seven companies get new CMOs.
