Biotechnology

Business

Vir Biotechnology Soars on Astellas Deal and Promising Early Cancer Drug Data

Shares of Vir Biotechnology surged nearly 28% following a major collaboration with Japan's Astellas Pharma for its experimental prostate cancer therapy VIR-5500. The partnership, buoyed by encouraging early-stage clinical data, has reignited investor debate over the biotech's valuation and long-term prospects amidst a history of financial losses.

Business

Biotech Briefing: Sarepta Tests Liver Safety Protocol for Gene Therapy as Sana's Diabetes Cell Therapy Shows Durability

Sarepta Therapeutics initiates a study to assess a sirolimus-based regimen aimed at mitigating liver injury risks associated with its Duchenne gene therapy Elevidys. Meanwhile, Sana Biotechnology reports sustained insulin production in a Type 1 diabetes patient 14 months after receiving its experimental cell therapy. Additional updates cover Bayer, Inovio, and Unnatural Products.