By Barbara Obstoj-Cardwell. Editor
Clinical trial news last week included Japanese pharma giant Takeda presenting strong Phase IIb data at the American Academy of Dermatology meeting on its psoriasis asset TAK-279, which it licensed from Nimbus Therapeutics for a massive $4 billion upfront. Also, the USA’s 89bio was boosted last Wednesday with the release of encouraging results for its non-alcoholic steatohepatitis (NASH) candidate pegozafermin. And Sanofi last Thursday released stunning results for its blockbuster drug Dupixent in the treatment of chronic obstructive pulmonary disease (COPD). Elsewhere, in a move to broaden its pipeline, Germany’s BioNTech has licensed an oncology candidate, ONC-392, from USA-based OncoC4, paying an upfront $200 million. Also, last week saw US biotech Incyte gain Food and Drug Administration (FDA) approval of Zynyz for the treatment of locally advanced Merkel cell carcinoma.
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