IconOVir, 4 years on from flashy launch, sells oncolytic virus to UroGen for $4M in stock
UroGen Pharma has opened another front in its attack on bladder cancer, paying IconOVir Bio $4 million in stock for an early-phase oncolytic virus that could work like a turbocharged Bacillus Calmette-Guérin therapy.
Read MoreSiemens Healthineers plans ‘mega depots’ to bolster US supply chain amid ‘geopolitical uncertainties’
Siemens Healthineers aims to speed up deliveries to customers with new “mega depots” for spare parts and other inventory on the East and West coasts.
Read MoreAscletis’ swift surge into obesity continues with competitive oral GLP-1 data
Ascletis Pharma’s rapid-fire expansion into obesity drug development has passed another milestone. The Chinese biotech ticked the publication of multiple ascending dose data off its to-do list Wednesday, linking its oral GLP-1 prospect to 6.3% mean body weight loss after 28 days.
Read MoreAustralian biotech points to potential superbug use as gel treats skin infections in phase 2 trial
Recce Pharmaceuticals’ synthetic anti-infective gel successfully treated a range of skin infections in a mid-stage test, setting the Australian biotech’s sights on a registrational phase 3 trial.
Read MoreRadiance rolls into ROR1 race, paying $15M for ADC rival to Merck’s frontrunner
Radiance Biopharma is heating up the ROR1 race. The U.S. biotech is paying China’s CSPC Megalith Biopharmaceutical $15 million upfront for rights to an antibody-drug conjugate, securing itself a shot at challenging Merck & Co. for the opportunity.
Read MoreMerck pens $300M-per-product collab with Epitopea to locate ‘hidden’ tumor antigens
Merck & Co. has penned a $300 million biobucks-per-product deal with cancer biotech Epitopea to identify previously secret antigens that could form the backbone of off-the-shelf immunotherapies.
Read MoreHoward Energy Partners acquires operating interest in Midship natural gas pipeline
The 200-mile FERC-regulated natural gas transmission pipeline lies in the SCOOP and STACK plays in Oklahoma’s Anadarko basin.
Read MoreIEA: US Midwest refineries continue to benefit from Canadian crude
Canada and Mexico together supply 70% of US crude imports, with Canada alone contributing over 60% (4.1 million b/d in 2024). However, this figure understates the deep interdependence between Canadian crude producers and US refiners, particularly in the Midwest.
Read MoreTallgrass, Bridger launch open season for Pony Express Pipeline
Tallgrass Pony Express Pipeline and Bridger Pipeline launched an open season for incentive tariff rates, utilizing existing Pony Express capacity, for shipper commitments for crude oil transport from the Guernsey Hub in Wyoming.
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