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The Growing Crisis of Antimicrobial Resistance: Meitheal Takes Action with XENLETA®

The Growing Crisis of Antimicrobial Resistance: Meitheal Takes Action with XENLETA®

by John Conrad | Dec 12, 2024 | Member News, NewsBrief

In a significant move addressing one of healthcare’s most pressing challenges, Meitheal Pharmaceuticals has secured exclusive U.S. commercial rights to XENLETA® (lefamulin acetate). The timing couldn’t be more critical: between now and 2050, antibiotic...
COUR Pharmaceuticals and Genentech Strike $900M+ Deal for Autoimmune Disease Treatment

COUR Pharmaceuticals and Genentech Strike $900M+ Deal for Autoimmune Disease Treatment

by John Conrad | Dec 3, 2024 | Member News

COUR Pharmaceuticals has secured a strategic collaboration and licensing agreement with Genentech, a member of the Roche Group, to develop and commercialize its tolerogenic nanoparticle treatments for autoimmune conditions. The partnership, announced via press release...
Chicago’s Pathos AI Raises $62M to Advance AI-Driven Drug Development

Chicago’s Pathos AI Raises $62M to Advance AI-Driven Drug Development

by John Conrad | Oct 30, 2024 | Member News, NewsBrief

Pathos AI, a Chicago-based biotech startup, has secured $62 million in Series C funding to advance its AI-driven approach to drug development, according to a Tuesday press release. The funding news, also covered by Katherine Davis of Crain’s Chicago Business and...
AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

by John Conrad | Oct 28, 2024 | Member News, NewsBrief

AbbVie announced today it will acquire Boston-based Aliada Therapeutics in a $1.4 billion cash deal, expanding its presence in neuroscience and Alzheimer’s disease research. The acquisition gives AbbVie access to Aliada’s novel blood-brain barrier crossing...
FDA Approves Iterum’s Novel Oral Antibiotic for Urinary Tract Infections

FDA Approves Iterum’s Novel Oral Antibiotic for Urinary Tract Infections

by John Conrad | Oct 28, 2024 | Member News, NewsBrief

Chicago-headquartered Iterum Therapeutics (Nasdaq: ITRM) has received U.S. Food and Drug Administration (FDA) approval for ORLYNVAH™ (sulopenem etzadroxil and probenecid) for the treatment of uncomplicated urinary tract infections (uUTIs) in adult women with limited...
Breakthrough in Parkinson’s Treatment: Vanqua Bio’s VQ-101 Shows Promising Results

Breakthrough in Parkinson’s Treatment: Vanqua Bio’s VQ-101 Shows Promising Results

by John Conrad | Oct 10, 2024 | Member News

Vanqua Bio has announced positive interim results from its Phase 1 clinical trial of VQ-101, a novel drug designed to treat GBA-Parkinson’s and related disorders. This breakthrough could potentially slow or even halt the progression of Parkinson’s disease,...
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