Innovent Biologics, IASO Bio strengthen collaboration with equity investment and licensing deal

Innovent Biologics, IASO Bio strengthen collaboration with equity investment and licensing deal

Innovent Biologics, Inc. (HKEX: 01801), a globally recognized biopharmaceutical company, and IASO Biotechnology, a leader in innovative cell therapies and antibody products, have announced a significant enhancement in their partnership. This collaboration includes IASO Bio’s acquisition of certain rights to FUCASO (Equecabtagene Autoleucel) from Innovent, along with a license for the associated intellectual property, coupled […]

FDA grants accelerated approval to Bristol Myers Squibb’s Breyanzi for follicular lymphoma

FDA grants accelerated approval to Bristol Myers Squibb’s Breyanzi for follicular lymphoma

Bristol Myers Squibb (NYSE: BMY) has announced a significant breakthrough in the treatment of follicular lymphoma with the U.S. Food and Drug Administration (FDA) granting accelerated approval to Breyanzi (lisocabtagene maraleucel; liso-cel). This approval marks a pivotal moment for patients with relapsed or refractory follicular lymphoma who have undergone at least two prior systemic therapies. […]

Bristol Myers Squibb and 2seventy bio’s Abecma gets positive FDA committee vote for multiple myeloma

Bristol Myers Squibb and 2seventy bio’s Abecma gets positive FDA committee vote for multiple myeloma

In a significant development in the healthcare industry, Bristol Myers Squibb (NYSE: BMY) and 2seventy bio, Inc. (Nasdaq: TSVT) have announced a favorable vote by the U.S. Food and Drug Administration (FDA) Oncologic Drugs Advisory Committee (ODAC) regarding Abecma (idecabtagene vicleucel). The committee’s 8-3 vote supports the therapy’s benefit/risk profile for patients with triple-class exposed […]

AstraZeneca to acquire Gracell Biotechnologies for $1.2bn to expand cell therapy capabilities

AstraZeneca to acquire Gracell Biotechnologies for $1.2bn to expand cell therapy capabilities

AstraZeneca has announced a definitive agreement to acquire Gracell Biotechnologies Inc. (Gracell, NASDAQ: GRCL) for an upfront cash payment of $1.0 billion, representing a 62% premium to Gracell’s closing market price on December 22, 2023. The deal includes an additional contingent value right of $0.30 per ordinary share, bringing the total potential transaction value to […]

Verily, Kyverna Therapeutics forge collaboration for autoimmune research

Verily, Kyverna Therapeutics forge collaboration for autoimmune research

Verily, an Alphabet precision health technology company, and Kyverna Therapeutics, a clinical-stage cell therapy company, have announced a multi-year collaboration. The initial focus is on deploying Verily’s advanced Immune Profiler to identify treatment-response biomarkers in autoimmune patients undergoing Phase 1 clinical trials for Kyverna’s KYV-101 in the US and Europe. Unveiling the Biological Basis of […]

Bristol Myers Squibb gets FDA priority review for Breyanzi sBLA

Bristol Myers Squibb gets FDA priority review for Breyanzi sBLA

Bristol Myers Squibb (BMS) has secured priority review from the US Food and Drug Administration (FDA) for its supplemental biologics license application (sBLA) for Breyanzi (lisocabtagene maraleucel). The sBLA is for expanding the current indication of the CD19-directed chimeric antigen receptor (CAR) T cell therapy to be used in the treatment of relapsed or refractory […]