Cellular Stress Targeted By Black Belt TX-Praxis Biotech Partnership
A New Mechanism Of Action In Cancer
A strategic partnership active in the hot area of understanding the tumor micro-environment in order to develop new cancer drugs has been formed by two new biotechs, the UK’s Black Belt TX and the US’s Praxis Biotech.
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Allergan has tried to go after alopecia in the past; Exicure brings a new spherical nucleic acid (SNA) technology. In other recent deals, AstraZeneca sells Seroquel, Losec rights to Germany’s Cheplapharm.
Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.
Alexion/AstraZeneca has announced positive top-line results from the Phase III study of ALXN1840 in patients with the rare genetic disorder, Wilson disease, including in patients already on standard-of-care therapies. The compound is ahead of two candidate gene therapies from other companies at early-stage clinical development.