A diagnostic test for cancer was approved by the US Food and Drug Administration on 30 September which will help physicians detect hundreds of genetic variants associated with a person’s elevated risk of developing certain malignancies. Produced by Invitae Corp, the test also identifies potentially cancer-associated hereditary variants in individuals who have already been diagnosed with cancer.
France-based Nanobiotix SA is taking steps to conserve cash ahead of results from a Phase 3 trial of its lead radioenhancer NBTXR3 for the treatment of head and neck cancer. The data are expected to be reported in the second half of 2024 which, if positive, would lead to registration and unlock significant milestone payments from the company’s partner Janssen Pharmaceutica NV. Nanobiotix is developing radioenhancers for use with radiotherapy to treat patients with multiple, difficult cancers.
Ono Pharmaceutical Co Ltd, one of Japan’s largest pharmaceutical companies, is to expand its oncology pipeline with the addition of more bispecific antibodies, a therapy type that is said to enable better precision medicine for treating cancer. Under a collaboration with Adimab LLC of the US, the Japanese company will have an option for exclusive rights to novel bispecific antibody candidates for the treatment of multiple cancers. The deal involves an undisclosed upfront payment, R&D funding, and success-based milestone payments.
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