Rapport Therapeutics announces new phase 1 data for RAP-219 in CNS disorders
- RAP-219 achieved target receptor occupancy in the PET trial, supporting the dosing regimen for the ongoing Phase 2a trial in focal epilepsy.
- The MAD-2 trial showed RAP-219 was well tolerated with faster titration and higher exposures than the initial MAD trial.
- No serious adverse events were reported, and the drug maintained a favorable tolerability profile.
- Topline data from the ongoing Phase 2a trial in focal epilepsy is expected in mid-2025.
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Alchemab Therapeutics collaborates with Lilly for ALS therapies
- Alchemab Therapeutics partners with Lilly to develop up to five novel therapeutic antibodies for ALS.
- The collaboration leverages Alchemab's platform to identify antibodies from resilient ALS patients.
- Alchemab will receive an undisclosed upfront payment and potential milestone payments and royalties.
- The partnership aims to address the significant unmet medical need in ALS treatment.
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Newron and Myung In Pharm announce license agreement for evenamide in South Korea
- Newron Pharmaceuticals and Myung In Pharm have entered a license agreement for evenamide in South Korea.
- Myung In Pharm will contribute 10% of the patient population for Newron's Phase III trial and cover related costs.
- The Phase III trial will begin in H1 2025, involving 600 patients with treatment-resistant schizophrenia.
- Newron will receive upfront and milestone payments, plus royalties on net sales in South Korea.
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Cyrus Biotechnology selects CYR212 for chronic IgG-driven autoimmune diseases
- Cyrus Biotechnology has chosen CYR212, an engineered IgG protease, as its clinical candidate for chronic IgG-driven autoimmune diseases.
- Preclinical studies showed CYR212's extended half-life and reduced immunogenicity compared to the wild type IdeS protease.
- CYR212 aims to address over $20 billion in potential market opportunities, including diseases like myasthenia gravis and immune thrombocytopenia.
- Cyrus plans to initiate clinical studies for CYR212, targeting indications where current anti-FcRn therapies are insufficient.
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Mytos announces manufacturing collaboration with Aspen Neuroscience in Parkinson’s disease
- Mytos partners with Aspen Neuroscience to automate the manufacturing of autologous dopaminergic neuronal precursor cells (DANPCs) for Parkinson’s disease therapy.
- Aspen will integrate Mytos’ iDEM automated cell culture technology into its new facility in Torrey Pines, California.
- The collaboration aims to improve efficiency and scalability in cell therapy production, potentially reducing labor and increasing capacity.
- This partnership could lead to substantial payments to Mytos over the coming years.
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Arkuda Therapeutics announces option exercise and asset purchase
- Johnson & Johnson has exercised its option to acquire Arkuda's portfolio of lysosomal function enhancers.
- Arkuda will receive an upfront payment and potential milestone payments based on development and commercial achievements.
- The acquisition is part of an agreement with Janssen Pharmaceuticals, a Johnson & Johnson company.
- The collaboration aims to advance small molecule enhancers of lysosomal function for neurodegenerative diseases.
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