Cancer vax biotech Amal grabs $10M round; Global Blood Therapeutics eyes PRV with new FDA designation
⇨ Geneva-based Amal Therapeutics has picked up about $10 million in Series B money for its work on peptide-based cancer vaccines. Boehringer Ingelheim Venture Fund, BioMedPartners and Helsinn Investment Fund invested alongside VI Partners, High-Tech Gründerfonds and Schroder Adveq.
⇨ Enzyvant has also won a rare pediatric disease designation for RVT-802, its therapy for the treatment of primary immune deficiency resulting from congenital athymia associated with complete DiGeorge Syndrome.
⇨ BARDA has decided to end funding of Sanofi’s Zika vaccine project. And so Sanofi says it will now stop work on the program — for now at least.
⇨ Shares of Israel’s Cellect Biotechnology $APOP popped up 40% after the FDA handed over an orphan drug designation for ApoGraft, used for the prevention of acute and chronic graft versus host disease in transplant patients.