Look back at pharma news in the week to October 8, 2021
By Barbara Obstoj-Cardwell
Last week’s deal-making news featured Johnson & Johnson’s Janssen unit signing an agreement with US biotech Xencor for the latter’s XmAb B-cell targeting antibody plamotamab, potentially worth $1.3 billion. AstraZeneca last week filed for emergency use of its AZD7442 for the prophylaxis of symptomatic COVID-19 with the US Food and Drug Administration. On Wednesday, Japanese drug major Takeda admitted a setback with its orexin agonist program, when it paused a trial of TAK-994 after a safety issue. Also, US biotech Allogene had a disappointment last Thursday with the FDA placing a clinical hold on its ALLO-501A Phase III trial in cancer.
J&J breathes some more life into plamotamab and CD28
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