A New Administration and New Horizons for Biotech

Each week, our Regional Roundup aims to deliver the most important and timely life sciences news from around the region to your inbox every Friday. From groundbreaking research to fundraising and new development projects, we bring you the top stories that matter most.

Jan 27, 2025 - 06:43
Jan 27, 2025 - 06:53
A New Administration and New Horizons for Biotech

As a new administration takes office, the biotech industry stands at a pivotal moment, closely monitoring the potential impacts of evolving policies and priorities. Despite some uncertainty, there’s a sense of cautious optimism as we look ahead, hopeful for a year of growth, innovation, and progress in the field.

Here in Philadelphia, the excitement extends beyond the lab—our city is gearing up for a huge football game on Sunday, bringing the community together. Meanwhile, it’s been a busy week for life sciences in Philadelphia, from groundbreaking AI innovations to clinical successes. Here are our favorite biotech stories of the week.

Bryan Kennedy + Owen Buzy

BioBuzz Networks | Greater Philadelphia

philadelphia@biobuzz.io

FINANCIAL

  • Philadelphia: Area Companies Racked Up $10B in Acquisitions in 2024 More

  • Wayne Biotech: Firm Received $67.5 Million Investment to Test Gene Therapy for Heart Disease More

  • ArriVent BioPharma: Enters Exclusive License With Lepu Biopharma for MRG007, an Antibody Drug Conjugate for the Treatment of Gastrointestinal Cancers More

  • Helius Medical Technologies: Exercise of Warrants and Issuance of New Warrants in a Private Placement for $3.7 Million Gross Proceeds Priced At-the-Market More

  • NRx Pharmaceuticals: Regains Compliance With Nasdaq Minimum Market Value of Listed Securities Requirement More

  • Coeptis Therapeutics: Leverages Artificial Intelligence and Blockchain for Next-Generation Innovation More

CLINICAL & COMMERCIAL

  • AstraZeneca: DATROWAY Approved in the US for Patients With Previously Treated Metastatic HR-Positive, HER2-Negative Breast Cancer More

  • Century Therapeutics: Investigator-Initiated Phase 1/2 Trial of Its iPSC-derived iNK Cell Therapy CNTY-101 in B-cell Mediated Autoimmune Diseases More

  • Helius Medical Technologies: Strong Enrollment of Its Stroke Pivotal Study Exceeding Initial Target More

  • NiKang Therapeutics: First Patient Dosed in a Phase 1b/2 Study of NKT2152 in Combination With Standard-of-Care in First-Line Regimen for Hepatocellular Carcinoma More

  • Verrica Pharmaceuticals: Positive Preliminary Topline Results of VP-315 for the Treatment of Basal Cell Carcinoma More

  • Helius Medical Technologies: First Clinical Evidence of Positive Long-term Therapeutic Effects of PoNS Therapy More

  • Sonnet BioTherapeutics: Expands Phase 1 SB101 Trial to Evaluate Combination of SON-1010 With Trabectedin in Certain Sarcomas More

  • Traws Pharma: Completion of Phase I Studies With Tivoxavir Marboxil, an Oral Investigational Drug for the Treatment and Prevention of H5N1 Bird Flu More

  • Coeptis Therapeutics: Regains Compliance With Nasdaq Listing More

  • Aro Biotherapeutics: Doses First Patient in Phase 1b Trial of ABX1100 in Late-Onset Pompe Disease (LOPD) More

WORKFORCE

  • A look into the innovative work of the Keystone LifeSci Collaborative with Managing Director Maurie Smith More 

  • Insights from Maya Heiland, Senior Director, First Hand Stem Education at the University City Science Center More

JOBS

Here are some of the region most innovative companies that are hiring:

  • Harmony Biosciences (Plymouth Meeting, PA) - A leading pharma company dedicated to innovative therapies for patients with rare neurological diseases. Check out jobs Here

    • Director, Medical Writing

    • Senior Director, Clinical Pharmacology

    • Senior Director, Business Development

  • Context Therapeutics (Philadelphia, PA) - A biopharma company advancing T cell engaging bispecific antibodies for solid tumors. Check out jobs Here

    • Head of Regulatory

    • Senior Director/VP, Data management

    • Director/Senior Director, Project Management

  • Iovance (Philadelphia, PA) - A commercial stage cell therapy company. Check out jobs Here

    • Project Manager

    • Supervisor, Aseptic Processing

    • Lead Quality Control Analyst

  • Quotient Sciences (Garnet Valley, PA) - A Global CDMO. Check out jobs Here

    • Director, Business Development - East Coast

    • Validation Engineer

    • EHS Manager

  • Spark Therapeutics (Philadelphia, PA) - A fully integrated gene therapy developer. Check out jobs Here

    • Scientific Director, Upstream Process

    • Senior Director, Clinical Development

    • CMMS Specialist

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