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Tech Transfer Roundup: J&J Houses JPOD Incubator At University Of Pennsylvania

 
• By Joseph Haas

Pascal and Oblato separately license therapeutic candidates for glioblastoma multiforme, while Cabaletta emerges from UPenn with novel program for CAAR-T therapies in B-cell mediated autoimmune disease.

Pennovation Center, PA
JPOD @ Philadelphia Is Housed At Pennovation Center

[Johnson & Johnson Innovation - JLABS] has been launching its JLABS sites within biotechnology hubs such as Boston, San Diego and San Francisco since 2012, but it chose Philadelphia as the site for its initial JPOD in the US, in part to capitalize on its strong partnership with the University of Pennsylvania and its two-year-old incubator, the Pennovation Center, which will house the JPOD.

The Philadephia area is also an innovation hotspot, JLABS Head Kate Merton told Scrip, making it a prime location as...

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• By Joseph Haas

Seven weeks before its action date, Capricor got an FDA complete response for cell therapy deramiocel in DMD-related cardiomyopathy. It has a Phase III study nearing readout, though.

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In Brief: Soleno To Raise $200m To Boost Vykat XR Launch

 
• By Manas Mishra

Soleno Therapeutics will raise about $200m gross proceeds from an offering of 2.35m of its common stock to fund the commercialization of Vykat XR, which became the first drug for Prader-Willi syndrome to gain US approval on March 26.

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China’s Biotechs Were The Small-Cap Rising Stars In H1 2025

 
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In Brief: Soleno To Raise $200m To Boost Vykat XR Launch

 
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Glenmark Chief On IGI’s Landmark Trispecific Deal: Strong Data Excited AbbVie

 
• By Anju Ghangurde

Glenmark’s managing director talks about IGI’s billion dollar-plus deal with AbbVie, ISB-2001’s striking data, the BEAT platform, other "exciting" pipeline assets and the "blood, sweat and tears" to get to this stage.