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AstraZeneca Partners with Cellectis for Next-Generation Cell and Gene Therapies
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UK pharmaceutical giant AstraZeneca (AZ; NASDAQ: AZN) has announced a strategic partnership with Cellectis (EPA: ALCLS; NASDAQ: CLLS) to develop next-generation therapeutics, focusing on areas of high unmet need such as oncology, immunology, and rare diseases. This collaboration aims to leverage Cellectis’s gene editing technologies and manufacturing capabilities to advance…
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Daiichi Sankyo Reports 19.5% YOY Revenue Growth in First Half of Fiscal 2023
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Japan’s Daiichi Sankyo (TYO: 4568) reported a robust 19.5% year-on-year (YOY) increase in revenue for the six months ended September 30, 2023, reaching JPY 726.3 billion (USD 4.8 billion), according to the company’s financial report published this week. This growth was driven by a combination of factors, including the depreciation…
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EpimAh Biotherapeutics to Present First-in-Human Results for EMB-06 at SITC Annual Meeting
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Shanghai-based biotechnology company EpimAb Biotherapeutics has announced that it will present first-in-human results for its pipeline candidate EMB-06, a BCMAxCD3 bispecific antibody (BsAb), at the Society for Immunotherapy of Cancer (SITC) Annual Meeting in California. The late-breaker poster presentation will detail initial safety, efficacy, and pharmacokinetic/pharmacodynamic (PK/PD) data from the…
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GSK Reports Modest 2% YOY Growth in Q3 2023 Finances, Vaccines Unit Soars 24%
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UK-based pharmaceutical giant GlaxoSmithKline (GSK; NYSE: GSK) has released its financial report for the third quarter of 2023, showing mixed results over the first three quarters. The company experienced a modest 2% year-on-year (YOY) expansion, reaching GBP 22.3 billion (USD 27.7 billion) at constant exchange rates. Vaccines Unit and General…
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WE LINKING Secures Angel Financing for Implantable Brain Computer Interface Development
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Shenzhen-based company WE LINKING, a specialist in implantable brain computer interfaces (BCI), has reportedly raised tens of millions of renminbi in an angel financing round. The round was led by Gaorong Capital, with additional investments from Beijing Life Science Park Innovation Investment Fund, Qiji Investment, and existing investor CDH Investments.…
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Chongqing Precision Biotechnology’s PCAR-19B Receives CDE Nod for Breakthrough Therapy Designation
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The China’s Center for Drug Evaluation (CDE) website has indicated that Chongqing Precision Biotechnology Co., Ltd’s PCAR-19B cell autologous reinfusion preparation is on track to receive breakthrough therapy designation (BTD). This designation recognizes the potential of PCAR-19B as a treatment for patients aged 3 to 21 years old with CD19-positive…
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Astellas Pharma Inc. Reports Moderate Revenue Growth in H1 Fiscal 2023 Financials
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Japan-based Astellas Pharma Inc., (TYO: 4503) has released its financial results for the first half (H1) of fiscal 2023, which ended on September 30, 2023. The company reported a modest year-on-year (YOY) increase in global revenues, reaching JPY 767.14 billion (USD 5.1 billion), marking a growth of just 0.6%. Performance…
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Sichuan Kelun-Biotech’s SKB264 Receives Priority Review Status for TNBC Treatment in China
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The China’s Center for Drug Evaluation (CDE) website has indicated that Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd’s (HKG: 6990) drug candidate, SKB264, is on track to obtain priority review status for the treatment of unresectable, locally advanced, or metastatic triple negative breast cancer (TNBC) in China. This development is particularly significant…