Ar­genx files for a $75M IPO; PDU­FA date loom­ing, Bio­Marin wins CHMP nod for Brineu­ra

→ Bel­gium’s Ar­genx has joined the IPO queue in the US, look­ing to trig­ger a $75 mil­lion of­fer­ing by at­tract­ing in­vestors to its an­ti­body Fc en­gi­neer­ing tech­nolo­gies. Ar­genx has done a num­ber of col­lab­o­ra­tions, in­clud­ing one with Ab­b­Vie, and has a pipeline of ther­a­pies with the most ad­vanced in Phase II. Here’s the F-1.

→ With an FDA PDU­FA date loom­ing this week, Bio­Marin $BM­RN an­nounced to­day that the Com­mit­tee for Med­i­c­i­nal Prod­ucts for Hu­man Use in Eu­rope has adopt­ed a pos­i­tive opin­ion for the com­pa­ny’s Mar­ket­ing Au­tho­riza­tion Ap­pli­ca­tion for Brineu­ra (cer­liponase al­fa) to treat chil­dren with Neu­ronal Ceroid Lipo­fus­ci­nosis Type 2 (CLN2) dis­ease, a form of Bat­ten dis­ease, which is al­so known as tripep­tidyl pep­ti­dase 1 (TPP1) de­fi­cien­cy. The FDA de­ci­sion is due to ar­rive by end of day on Thurs­day.

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Alexandria Real Estate Equities

San Diego, CA, USA