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Halda Raises $126M to Advance Novel Solid Tumor Therapies

Halda Therapeutics has secured $126mn to further develop and advance its innovative therapies targeting solid tumors. The therapies are designed to "hold and kill" tumor cells, whereby a heterobifunctional molecule is designed to target two proteins - a cancer-specific protein and a protein with an essential function - which can kill a cancer cell without damaging non-cancerous tissue.

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Shapiro Administration Invests Nearly $3 Million to Bring AdarePharma Solutions’ Headquarters to Pennsylvania

Shapiro Administration Invests Nearly $3 Million to Bring Adare Pharma Solutions’ Headquarters to Pennsylvania, Creating 115 New, Well-Paying Jobs in Philadelphia. The life sciences company is investing at least $16.8 million to relocate its headquarters to PA from New Jersey and upgrade its two current Philadelphia facilities, building on Pennsylvania’s reputation as a life sciences leader.

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Viking Therapeutics Advances Obesity Drug to Phase 3 with $300M Clinical Program

Viking Therapeutics is the latest company to demonstrate positive results with its weight loss drugs after announcing its candidate, VK2735, will enter Phase 3 trials following results demonstrating a 15% reduction in body weight following 13 weeks of dosing during its Phase 2 study. Separately, the company is set to advance an oral tablet formulation of VK2735, with initial results demonstrating a mean weight loss of 5.3% following 28 days of dosing.

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Roche Accelerates Obesity Treatment Development with Carmot Acquisition

Roche is fast-tracking the development of its newly acquired obesity treatments from Carmot Therapeutics as it looks for an entry point within the already competitive obesity market. Key assets including CT-388 and CT-996 have both been highlighted as promising candidates with mechanisms targeting GLP-1 and GIP receptors, with data already demonstrating significant promise in weight loss results.

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Biopharma Demand Continues to Fuel CDMO Services Growth

Novo’s proposed acquisition of Catalent, with the immediate goal of adding capacity for its weight-loss drugs, has rarely been out of the news, whilst a raft of expansions elsewhere has been announced at Thermo Fisher, Alcami, Lonza and Vetter, to list but a few.

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Mundipharma and Vectura to Develop Environment-Friendly Flutiform Inhaler

Following their existing lab-scale development partnership, global healthcare company Mundipharma and Vectura, the specialist inhalation CDMO, have announced they are to progress development of a more environmentally friendly reformulation of FLUTIFORM (fluticasone propionate/formoterol fumarate) pressurised metered-dose inhaler (pMDI).

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Bloom Biorenewables and Valsynthèse Scale Up Sustainable Lignin Production for Polyurethane

Bloom Biorenewables have recently announced the successful completion of a production campaign in partnership with custom synthesis and contract manufacturer, Valsynthèse. This collaboration has led to significant advancements in scaling up aldehyde-assisted fractionation (AAF) technology to produce uncondensed lignin, a common feedstock used directly in polyurethane materials.

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Wegovy and Similar Weight Loss Drugs Explored as Potential Treatment for Heart Failure in Diabetic and Obese Patients

Another positive story for GLP-1 weight loss drugs has been announced, suggesting medications like Wegovy may have potential benefits in treating heart failure among patients with obesity and diabetes. Typically prescribed for weight management in high-risk populations, this positive news is likely to continue the high demand for these drug substances.

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Rezdiffra Launches as First MASH Treatment with Promising Rapid Uptakes

Madrigal Pharmaceuticals' new drug, Rezdiffra, has recently been approved as the first treatment for metabolic dysfunction-associated steatohepatitis (MASH). Gastroenterologists, are highly optimistic about its potential in managing patients with moderate to advanced fibrosis and suffering from severe liver conditions such as cirrhosis.

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