BioCentury | Mar 25, 2020
Finance

March 24 Quick Takes: Apexigen brings series C to $123M; plus Nanjing F&S, FCA and Asieris

Apexigen boosts series C with $65M extension   Apexigen Inc. added $65 million to its 2018 series C, bringing the round to $123 million. The extension was led by Decheng Capital and new investor Oceanpine...
BC Extra | Sep 5, 2019
Company News

Sept. 5 Company Quick Takes: Zafgen exploring alternatives; plus BridgeBio, Global Blood, Akouos, Mallinckrodt, uBiome

Zafgen evaluating strategic options  Metabolic company Zafgen Inc. (NASDAQ:ZFGN) has retained advisory firm MTS Health Partners to explore strategic alternatives after receiving new preclinical data that the company believes will be insufficient for FDA to...
BC Extra | Jul 24, 2019
Company News

July 24 Company Quick Takes: Samsung's Humira biosimilar gets FDA approval; plus Intra-Cellular, Sage and more

FDA approves Samsung's Humira biosimilar  Samsung Bioepis Co. Ltd. (Incheon, South Korea) said FDA approved Hadlima adalimumab-bwwd, a biosimilar of autoimmune drug Humira from AbbVie Inc. (NYSE:ABBV). Samsung's partner Merck & Co. Inc. (NYSE:MRK) will...
BC Extra | Mar 11, 2019
Clinical News

Setback for another Zafgen MetAP2 inhibitor

Zafgen lost $1.10 (24%) to $3.50 in after-hours trading Monday after the company said it suspended plans to submit an IND for Prader-Willi syndrome candidate ZGN-1258 based on findings of muscle degeneration and other anomalies...
BC Week In Review | Jan 18, 2019
Clinical News

No safety signals with Zafgen's ZGN-1061 in second cohort of diabetes trial

Zafgen Inc. (NASDAQ:ZFGN) said the 1.8 mg subcutaneous dose of ZGN-1061 met primary and secondary endpoints in a second dose cohort from a Phase II trial to treat Type II diabetes. The adverse event profile...
BC Week In Review | Nov 30, 2018
Clinical News

U.S. setback for Zafgen's diabetes therapy

Zafgen Inc. (NASDAQ:ZFGN) shares fell $3.69 (41%) to $5.41 Nov. 26 after it disclosed that FDA placed a clinical hold on an IND for ZGN-1061 to treat Type II diabetes. Zafgen said the agency cited...
BC Extra | Nov 26, 2018
Clinical News

U.S. setback for Zafgen's diabetes therapy

Zafgen Inc. (NASDAQ:ZFGN) shares fell $3.69 (41%) to $5.41 Monday after it disclosed that FDA placed a clinical hold on an IND for ZGN-1061 to treat Type II diabetes. Zafgen said the agency cited a...
BC Week In Review | Jun 29, 2018
Financial News

Kura, Zafgen price follow-ons

Kura Oncology Inc. (NASDAQ:KURA) and Zafgen Inc. (NASDAQ:ZFGN) each priced follow-ons of at least $60 million on June 28. Kura raised $67 million through the sale of 4 million shares at $16.75 in an offering...
BC Week In Review | Jun 29, 2018
Clinical News

Zafgen's ZGN-1061 meets in Phase II for Type II diabetes

Zafgen Inc. (NASDAQ:ZFGN) said the 0.9 mg dose of subcutaneous ZGN-1061 every three days met the primary endpoint in a Phase II trial to treat Type II diabetes in patients failing multiple other antidiabetic agents....
BC Extra | Jun 28, 2018
Financial News

Kura, Zafgen price follow-ons

Kura Oncology Inc. (NASDAQ:KURA) and Zafgen Inc. (NASDAQ:ZFGN) each priced follow-ons of at least $60 million Thursday. Kura raised $67 million through the sale of 4 million shares at $16.75 in an offering underwritten by...
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