Industry News

Conceptual illustration of TL1A cytokine pathway targeting in inflammatory bowel disease representing TrueLab Bionyra bispecific antibody license agreement | Image Credit: © Sebastian Kaulitzki - stock.adobe.com

Newly launched Bionyra Pharma has raised $165 million in Series A financing and secured exclusive global rights to two TL1A-targeting biologics from China's TrueLab Biopharmaceutical — an anti-TL1A monoclonal antibody and a TL1A×IL-23p19 bispecific antibody — in a deal worth up to $985 million, positioning the company to compete in an IBD drug class already drawing attention from Merck, Roche, and the Sanofi/Teva partnership.

Three-dimensional illustration of an antibody-drug conjugate carrying a cytotoxic payload for targeted cancer treatment. | Image Credit: © Aryan - stock.adobe.com

Immunome has dosed the first patient in a Phase 1 clinical trial evaluating IM-1617, a potential first-in-class antibody-drug conjugate incorporating the company's proprietary HC74 topoisomerase I inhibitor payload. The study will assess safety and preliminary anti-tumor activity in patients with advanced solid tumors.

Three-dimensional illustration of nerve cells and neural signaling, representing neurological disorders such as chronic inflammatory demyelinating polyneuropathy. | Image Credit: © Giovanni Cancemi - stock.adobe.com

Sanofi has discontinued the Phase 3 MOBILIZE trial of riliprubart in treatment-refractory chronic inflammatory demyelinating polyneuropathy after an interim analysis found the study was unlikely to demonstrate sufficient efficacy. No new safety concerns were identified, and the company is evaluating the future of other ongoing riliprubart studies.