EAST HANOVER, N.J.--(BUSINESS WIRE)--Immetas Therapeutics today announced it has raised a Series A financing of $11 million to advance research on inflammation pathways in aging and the development of novel, immune modulating treatments for cancer and inflammatory disease. Morningside Ventures was the sole investor in the financing round.
Only a few months after winning FDA approval for its injectable version of chemo nausea med Varubi, Tesaro is having to reach out to doctors to update them with a safety warning for the drug. Some patients have experienced anaphylaxis and anaphylactic shock shortly after receiving the injected version of the drug.
TESARO, Inc. (NASDAQ:TSRO), an oncology-focused biopharmaceutical company, today announced that the U.S. Food and Drug Administration (FDA) has approved VARUBI® (rolapitant) IV in combination with other antiemetic agents in adults for the prevention of delayed nausea and vomiting associated with initial and repeat courses of emetogenic cancer chemotherapy, including, but not limited to, highly emetogenic chemotherapy. Delayed nausea and vomiting can occur anytime between 25 and 120 hours following chemotherapy, and is often extremely debilitating.
Tesaro Uk Varuby (Rolapitant) Receives Approval In Europe
Tesaro`s Varuby (Rolapitant) Receives Approval In Europe
Orphan medicine Natpar (parathyroid hormone) has been recommended by the Committee for conditional marketing authorisation as a treatment for patients with chronic hypoparathyroidism who cannot be adequately controlled with standard treatment with calcium and vitamin D.
The Johnson & Johnson (J&J) unit's first-in-class anti-CD38 antibody was given conditional approval in the EU last May as a monotherapy after both the two standard therapies - Celgene's Revlimid (lenalidomide) plus dexamethasone and Takeda's Velcade (bortezomib) plus dexamethasone - have already been tried.
Sanofi intends to resubmit its licensing application for Kevzara within the next few weeks following subject to a US FDA re-inspection of a French fill/finish plant.
That's basically what the biotech's executives said in Gilead's third-quarter earnings call on Nov 1. Which companies might be good acquisition targets for Gilead? While many investors put Incyte high on the list, here's why Kite Pharma (NASDAQ:KITE), Tesaro (NASDAQ:TSRO), and Intercept Pharmaceuticals (NASDAQ:ICPT) could be even better choices for the big biotech.
The U.S. Food and Drug Administration approved Varubi (rolapitant) to prevent delayed phase chemotherapy-induced nausea and vomiting (emesis). Varubi is approved in adults in combination with other drugs (antiemetic agents) that prevent nausea and vomiting associated with initial and repeat courses of vomit-inducing (emetogenic and highly emetogenic) cancer chemotherapy.