Month: July 2023

FDA Approves Better Therapeutics’ Mobile App as Treatment for Type 2 Diabetes

FDA Approves Better Therapeutics’ Mobile App as Treatment for Type 2 Diabetes

The FDA has authorized a mobile app called AspyreRx, developed by Better Therapeutics, as a treatment for type 2 diabetes. This regulatory decision creates a new class of therapies for the metabolic disorder. AspyreRx is a prescription digital therapeutic that digitizes cognitive behavioral therapy, which is already part of diabetes care. The app allows patients […]

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Septerna Secures $150M Financing Led by RA Capital for Groundbreaking Oral Edge Drug in Rare Hormone Disease

Septerna Secures $150M Financing Led by RA Capital for Groundbreaking Oral Edge Drug in Rare Hormone Disease

Septerna Therapeutics has secured $150 million in Series B financing to support the development of its small molecule drug candidate for the treatment of hypoparathyroidism. The funding round was led by RA Capital Management and included participation from a range of investors, including Deep Track Capital, Goldman Sachs Asset Management, and Vertex Ventures HC, among […]

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FourPlus, an immersive tech company, secures funding to develop a cutting-edge mixed reality platform.

FourPlus, an immersive tech company, secures funding to develop a cutting-edge mixed reality platform.

UK-based immersive technology company FourPlus has secured funding from Innovate UK, the UK’s national innovation agency, to develop a mixed reality training platform for pharmaceutical companies and the healthcare sector. FourPlus already uses its immersive technology, including virtual reality experiences, in the life sciences sector for marketing, training, and workforce management. With a ₤1 million […]

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First Cell Therapy for Type 1 Diabetes Receives FDA Approval, Made Possible by Startup’s Success

First Cell Therapy for Type 1 Diabetes Receives FDA Approval, Made Possible by Startup’s Success

CellTrans, a small biotech company, has received the first FDA approval for a cell therapy for type 1 diabetes. The therapy, known as Lantidra, is intended for adults with type 1 diabetes who are unable to achieve their target blood glucose levels through regular insulin administration. Lantidra, which is made from pancreatic cells sourced from […]

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Toxicity Concerns Cast Uncertainty on Phase 3 Results of AstraZeneca and Daiichi Cancer Drug

Toxicity Concerns Cast Uncertainty on Phase 3 Results of AstraZeneca and Daiichi Cancer Drug

A targeted cancer therapy developed by AstraZeneca and Daiichi Sankyo has shown promising results in a Phase 3 study for advanced non-small cell lung cancer (NSCLC). The drug, called datopotamab deruxtecan, demonstrated a statistically significant improvement in progression-free survival compared to chemotherapy. However, the companies also disclosed that an unspecified number of patient deaths occurred […]

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Johnson & Johnson to Conduct Phase 3 Trial to Stay Competitive in the Pursuit of Oral Psoriasis Medications

Johnson & Johnson to Conduct Phase 3 Trial to Stay Competitive in the Pursuit of Oral Psoriasis Medications

Johnson & Johnson (J&J) is making progress in developing a pill formulation to treat plaque psoriasis, a skin disorder that is currently treated with injectable biologic drugs. The company presented mid-stage data for its experimental drug JNJ-2113 at the World Congress of Dermatology meeting in Singapore. The study showed that a higher proportion of patients […]

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