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Rakovina Therapeutics Announces Debentureholder Election to Receive Shares in Partial Satisfaction of Debenture Interest Payment Obligations
Posted: May 27, 2024 at 2:47 am
All monetary figures listed in Canadian Dollars.
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Rakovina Therapeutics Announces Debentureholder Election to Receive Shares in Partial Satisfaction of Debenture Interest Payment Obligations
Posted: May 27, 2024 at 2:47 am
FLORHAM PARK, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- Celularity Inc. (Nasdaq: CELU) (the “Company”), a regenerative medicine company developing placental-derived allogeneic cell therapies and advanced biomaterial products, announced today that on May 21, 2024, the Company received notification from the Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Form 10-Q for the quarter ended March 31, 2024 (“Q1 2024 Form 10-Q”), and because the Company remains delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2023 (“2023 Form 10-K”), does not comply with the Nasdaq continued listing requirements which require listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. Nasdaq’s notice has no immediate effect on the listing of Celularity’s common stock and warrants, which continue to trade on the Nasdaq Capital Market under the symbols “CELU” and “CELUW”, respectively.
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Celularity Inc. Announces Receipt of Nasdaq Notice Regarding Late Form 10-Q Filing
Posted: May 27, 2024 at 2:47 am
Basel, May 25, 2024 – Novartis today presented results from the 6-month, double-blind period of the Phase III APPEAR-C3G study of Fabhalta® (iptacopan) at the late-breaking clinical trials session of the European Renal Association (ERA) Congress1. Patients treated with Fabhalta in addition to supportive care achieved a 35.1% (p=0.0014) reduction in proteinuria (as measured by 24-hour urine protein to creatinine ratio [UPCR]) at 6 months when compared to placebo on top of supportive care1. In many kidney diseases, proteinuria reduction is an increasingly recognized surrogate marker correlating with delaying progression to kidney failure14,15.
Posted: May 27, 2024 at 2:47 am
Basel, May 25, 2024 – Novartis today presented results from a pre-specified interim analysis of the Phase III ALIGN study of atrasentan, an investigational oral selective endothelin A (ETA) receptor antagonist, in patients with IgA nephropathy (IgAN)1. Patients treated with atrasentan, in addition to supportive care (maximally tolerated and stable dose of a renin-angiotensin system [RAS] inhibitor), achieved a 36.1% (p<0.0001) reduction in proteinuria (as measured by 24-hour urine protein to creatinine ratio [UPCR]) at 36 weeks when compared to placebo on top of supportive care1. The results were presented during a late-breaking clinical trials session at the European Renal Association (ERA) Congress1. The study also showed atrasentan has a favorable safety profile consistent with previously reported data1,9.
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Novartis atrasentan Phase III data show clinically meaningful proteinuria reduction further advancing company's IgA nephropathy (IgAN) portfolio
Posted: May 27, 2024 at 2:47 am
Basel, 27 May 2024 - Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today that James Sabry (1958), Head of Roche Pharma Partnering, will be retiring after fourteen years with the company.
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Changes to the Roche Enlarged Corporate Executive Committee
Posted: May 27, 2024 at 2:47 am
Posted: May 27, 2024 at 2:47 am
Why must we suffer? Theologians who need to justify Gods ordinances engage in theodicy, an intellectual swim against lifes current of unpleasantness. The question of suffering claims the attention of secular philosophy as well. Minimizing hurt and pain is, after all, the goal of most projects for worldly improvement. In both disciplines, an understanding of sufferings origins is a necessary first step.
Of course, with respect to sufferings immediate causes and cures, the answers are usually obvious. But they are catch-as-catch-can and transient, aspirins for headaches, bandages for cuts, the human condition left never better than bittersweet. With a deeper comprehension of sufferings roots, we might find better ways forward. Lets look to evolutionary theory for a new answer and then consider paths toward fuller remediation.
Central to my evolutionary approach is the biological distinction between genotype and phenotype. For those unfamiliar, the former refers to an organisms constituent genes bequeathed to it through the process of natural selection. The latter, the genes product, is the organism itselftheir survival machine in Richard Dawkins famously coinageby which they secure their continuing replication.
For most animals the distance between biological ends and means is a short one. They have desires and fears whose intensity roughly corresponds to their contribution to genetic fitness. The actions necessary for attaining or avoiding them, say flight versus fight, are usually limited, survival being more a matter of efficient execution than creative imagination. Most animals might thus be said to reside in the realm of genocracy, being largely ruled by their genes, behavioral options closely coded and held under tight genetic leash.
Uniquely, humans can stretch, sometimes even snap that leash. High intelligence, culturally pooled, allows for behavioral creativity: pleasures sometimes attained and pains avoided by means circuitous and not necessarily adaptiveevolutions true intent thereby cheated.
Overall, human intellectual prowess and cultural capacity have proven immensely adaptive, as stray bands of hunters have multiplied into Earth-covering billions. But intelligences deleterious cheats are now rivaling the force of its honest guides. Step by step, an artificial environment is being constructed that serves personal purposes but stands akilter to genetic interest. This unnatural state of affairs might be called phenocracy: The organisms purposes overruling those of its genes.
Put another way, phenocracy subordinates biological ends to biological means, licensing an organism to pursue personal satisfaction for its own sake. (Needless to say, Im not ascribing real intention to genes, only operational consequencethe intentionality is purely figurative).
Through human artifice, other animals can occasionally experience phenocracy. Those lab rats, for instance, that starved after they learned to stimulate their brains pleasure centers by pushing levers. Such behavior couldnt endure the wild, where selection ruthlessly purges everything maladaptive. Pets live phenocratically as well, but often on the condition of being neutered.
That the human environment exists as a playground of phenocratic contrivance is largely due to modern technology. Insofar as we remain creatures that reproduce through childbirth, its also a condition that cant persist indefinitely. Phenocracy is a serious phenomenon in the shorter frames of human history, wherein behavioral patterns lasting but a few generations can still have major effects. Witness the impact of fast food on American health and military readiness or the sub-replacement birthrates of the developed world, where people regard large families as lowering the quality of life.
The feeling an experience evokes doesnt inhere in the experience itself, but in the ways our genes prompt us to react. We find the proximity of feces repellent; for dung beetles, theyre a feast. We fear death so as not to prematurely die. Yet there are termites that explode in order to defend their nests. Presumably they feel differently. Under pure genocracy, the attraction or repulsion of an experience lies in its relationship to genetic fitness, not anything else.
Critically, pain is as useful a steering device for genes as pleasure, sometimes more so. Genes care nothing for what organisms feel, provided these feelings enhance genetic yield. Suffering from envy, pangs of unrequited love, hunger, or cold? Your genes are telling you to up your game. Enjoying romance, hearty dinners, and secure and comfortable lodgings? Their message is to stay the course. For success genes provide carrots; for failure, sticks.
Pain and suffering are generally linked to difficult situations requiring a sharp concentration of attention: Anxiety when the approach of danger is initially perceived (message: think hard), fright as it closes in (attack, hide, or run), pain when it impacts (stop it now!). All are emotions that rapidly clear the cognitive decks.
Bad experiences are altogether acceptable to our unfeeling genes, provided that the emotional rattling delivered is the most efficient route to problem-solving. The adaptive cost-effectiveness of painful just-in-time rescue, avoiding the cognitive burdens of a more deliberative far-seeing approach, is the principal reason life is so frequently unpleasant.
Pleasant experiences have less need of being disruptive, being generally associated with the continuance of adaptive behaviors (keep eating) or reward for an adaptive goal achieveda new child, a raised salary, or a competitive victory (congrats, stay the course). Under lifes shifting circumstances, however, theres no resting on laurels. Happiness provides but a reprieve from the pressing concerns of staying alive. Euphoria dissipates; fear gnaws or explodes.
Capable of reflection, humans find this Jekyll-and-Hyde genocracy dismaying. Yet its biological explanation is crystal clear. The shortest path to fitness frequently passes through misery.
If it was God who chose natural selection to raise us from the primordial slime, the blame lies with Him. The genetic demiurge to whom he delegated the evolutionary dirty work has proven a hard taskmaster. Perhaps this was the only way that genesis could be divinely accomplished. If so, theodicy has its simple answer. For God, the best of all possible evolutionary worlds required suffering.
We canand dohope for a better hereafter, in which the pains of earthly living give way to eternal bliss. Its an expectation that lightens lifes load. When salvation is rendered conditional on moral conduct, it allows us to live more cooperative as well as better-adapted lives. But note that belief in the hereafter is itself phenocratic, the prospect of a joyous existence purged of gene-caused afflictionsa kind of transhumanism avant la lettre.
Modern science wrought a revolution in thought, bringing heavenly phenocracy down to Earth in both retail and wholesale forms. The first, delivered person-by-person, comprises the project we now call self-realization, made plausible by capitalist plenty and scientifically empowered medicine. Alongside it rises the related vision of collective utopia, humans living harmoniously in a society rationally redesigned.
In practice, both have shown themselves dubious: Utopia because of its biological denialism: an insistence that social reconstruction can overcome genetic self-serving. Self-realization because of its frequent reliance on those rascally cheats severing gratification from fitness, and thereby sabotaging genetic survival. Sex, drugs, and rock-and-roll epitomizes this trap, if rock-and-roll stands in for all the pursuits that disguise barren excitements as adaptive triumphs.
Contemporary sexual practice is its paradigm case, a phenocratic revel celebrating bedroom pleasure as an end-in-itself. Effective contraception cinched the possibility for heterosexual congress, but only as a curtain-raiser. The pursuit of self-realization has increasingly freed eroticism from every constraint beyond the laws of physics. Fun, fulfilling, but hardly fecund!
An economic delusion gives sexual sterilization a further boost. In the bad old days, material growth, insofar as it occurred, was barely visible. Most assumed a steady demographic state. Begetting children consequently did double duty. It not only preserved lineage but was an insurance plan against decrepitude. What one genetically sowed, one might later personally reap.
We now take economic growth for granted, believing that raising all boats will benefit individuals, regardless of their family choices. Assemble a diverse portfolio or vest a pension, andseeminglyprogeny can be struck from ones asset sheet. But this only works where childlessness is the exception to an otherwise fruitful rule. If too many live childlessly, a societys wealth will evaporate alongside its population, empty cradles emptying IRAs. Perhaps immigration and robotics can make up for the birth dearth. But this just changes the form, not the fact of a phenotypic cultures eventual extinction.
Humans, especially males, have long sought out adventure, risky but genetically rewarding exploits like exploration, entrepreneurship, athletics, and combat. No pain no gain, and to the brave belong the fair, as the adages go. Such ventures still call, but virtual reality more and more turns them into pajama games. Kill without consequence, be bootlessly heroic, thrill without thriving, sing the digital sirens. In these altered guises, genocracys laurels still beckon but only as apparitions that dissolve upon grasping.
Then there are drugs. Alcoholism is phenocracys oldest blight, always censured and generally pitied. Drinking, even on binge scale, can sometimes serve to toast missions accomplished, fortify courage, and lubricate sociability, becoming adaptive to a point. But for good evolutionary reason, chronic besottedness is everywhere condemned.
Until recently, nonalcoholic inebriation through drugs was relatively rare in the West, a categorical vice associated with depravity and, in recent times, criminalized. The 1960s, however, saw a decided turn, drug use becoming increasingly widespread at all social levels. There has been a reaction, to be sure, but the trend toward narcotic abandon has phenocracys wind at its back.
Characteristically, phenocracy trades in illusion, providing good feelings as decoys rather than guides. Its altered states emotionally please, but the behaviors they prompt adaptively misfire. Infinitely worse is something that has only recently hoved into view, an end-times phenocracy where environments dont merely beguile but actively predate. There is little reason to believe that a superintelligent AI, if such can be, will forever equate its cares with ours. To serve man may be our anticipation but judging from how weve served our own faunal cousinage, the greater likelihood is that we will be treated the same by AI, ending up as fodder or at least collateral damage in whatever global makeover the intelligent machines may eventually oversee.
The solution to suffering offered by traditional religion is top-down. A divine redeemer descends to deliver us. But per chance there is also one that is bottom-up: Mind redeeming itself by quitting the piping of its genes to join a dance of its own composition, one whose steps lead away from genetic survival and toward highly enriched and self-renewing forms of mental life. The choreography wouldnt be shortsightedly hedonic like that of commonplace phenocracy, but farsightedly uplifting, with gratifications savored rather than greedily bolted down.
One can imagine problem-solving as falling into two categories: calmly considered and urgently pressed. When dangers are spotted from afar, there are numerous options for avoiding them, some more satisfying or at least less galling than others. One can engage in the pleasures of regular exercise or await heart surgery; save money or eke out old age flipping burgers; steer clear of storms or flounder in their midst. Long perspective also heightens lifes pleasures. Family planning is usually more satisfying than haphazard pregnancy.
A general rule, then: The best way to reduce pain and anxiety is by handling their causes at that point in time where the adaptive value of promptness exceeds the risks of prematurity. As intelligence, knowledge, and technical mastery grow, that point recedes, and the quality of experience becomes correspondingly improved.
Given the constrained nature of the cognitive apparatus evolution has provided us, there is probably an effective limit to how far we humans can push this horizon. Our puppeteer genes have decided that myopia, however traumatizing, is still, for them at least, a good evolutionary bargain.
Maybe, as scripturally promised, God will come to our rescue, raising us into a higher realm. If He doesnt, however, there is another way that is conceivably within our advancing technological powers: breaking the genes dominion over the quality of lived experience. Yet doing this must involve a thoroughgoing remake of what we essentially are, that is to say, the birthing an intelligence no longer human.
Most will find that disturbing counsel. Weve been shaped by selection to dread our own demise. Radical organic transmutation, involving the end of our species as now constituted, naturally seems even more appalling. Of course, on the evolutionary record, species extinction is an inescapable fate. But should we want to bring it upon ourselves by handing the future to an alien successor?
Self-alteration is actually nothing new for humans. Weve provided ourselves with extra skin (clothes), artificial teeth and claws (spears, arrows, knives, swords, and guns), accelerated digestion (cooking), and enhanced vision (spectacles, telescopes, microscopes) among now taken-for-granted prosthetics. Even writing, affording an extra-neural medium for memory, falls into this category. To be sure, past alterations were incremental and didnt involve direct biological change. But they certainly have indirectly altered us biologically since theyve drastically changed the selective forces to which we are exposed. That were not the men we used to be back in hominid times is largely due to our self-shaping.
Emancipating ourselves from genocracys trap would entail measures far more severe, and certainly more presumptuous, than these earlier innovations, which were still consistent with evolutions unknowing shuffle. Whether wisely or not, the odds are that well pursue them. After all, to do otherwise would be at odds with our genetically engrained competitiveness. Genocracy drives us toward increased technical mastery, intelligence, health, strength, and longevity, and in so doing renders us less and less like even our fairly recent ancestors. The extent to which the coming alterations will take the form of cybernetic extensions, biological upgrades, or synergies involving both, is hard to predict, though well see soon enough as the advance along these fronts is fast-accelerating. Maybe barrenness, catastrophic violence, or a global epidemic will do us in before we can completely erase our humanity or commission alien successors. But should that happen, no new chapter will be turned. The story of the mind, or at least of the intelligent mind on Earth, will simply come to its end.
But even with the best (or worst) of Promethean intentions, there are countless ways that genetic escape could come a cropper. For one thing, we dont know whether consciousness is substrate dependent. If superintelligent AI is to be our heir, will it possess awareness as well as brilliance?
Its hard to see why an entity that could reason as well as, or better than, a human wouldnt possess a parallel, if not necessarily identical, awareness. Do organic compounds have some odd experiential privilege over silicates and other possible computational building blocks? We cant be sure, and its difficult to even know what would constitute a dispositive test. Nonetheless, a mistake that assigns the future to genius zombies is the equivalent of there not being a future at alla leap into the dark, most literally. Should we stick to organic enhancements for the time being?
The second problem is that our genocentric nature can be expected to corrupt the process of extricating mind from genes, quite possibly in ruinous ways. Self-interested humans will tend to create self-interested intellectual augmentations to promote their self-interested schemes. Altruistic devotion to the emancipation of the mind is unlikely to be the prime directive, to the extent that it directs at all. Despite proclaimed good intentions, it is power and profit that push the development of AI and biotech today, not truth, beauty, or bliss. Any project aimed at emancipating mind from genes would have to be directed, at least for a while, by the same genes keeping the mind prisoner, leading to who knows what existential mayhem?
Our inability to find evidence of extraterrestrial civilization may indicate the difficulty of emancipations accomplishment. Perhaps an S-curve operates here. The further cognitive augmentation proceeds, enhancing foresight and technical acumen, the more likely a successful transition becomes. Were still certainly well toward the curves bottom and, conceivably, almost all ascensions abort early on. (Thankfully, its a big universe!)
On the other hand, if were very lucky, perhaps the traditional path of divine, top-down deliverance and the new one of auto-emancipation can merge. Our superintelligent, genetically liberated, successfully phenocratic successors mightprompted by some initial human seed-plantingcome to regard Homo sapiens as a parent to be comforted in its old age. We could then find ourselves in a comfortable sanctuary designed by them for our retirement, a Garden of Eden at the end of our species travails rather than at its beginning. If our AI guardians were really kind, we might not know the difference between their paradise and the one for whichin protest against the whipping of our genesweve immemorially longed. Although an ersatz version, it may be as much as obsolescing mankind can ever hope for.
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Transhumanism and the Cure for Suffering - Chronicles - A Magazine of American Culture
Posted: May 27, 2024 at 2:47 am
My kids ran away with my iPhone the other day while chasing a virtual Pokmon on the other side of the park. I panicked.
I was afraid that they would accidentally drop and break it or have trouble sharing it. I was not worried, though, that they would inadvertently use the phone to disable critical infrastructure, derail a passenger train, or trigger a cyber Pearl Harbor.
When, in 2012, then U.S. Secretary of Defense Leon Panetta referenced the Pearl Harbor disaster in warning about the rise of cyber threats in a world increasingly dependent on internet-linked digital technologies, cybersecurity policies and practices in the public and private sectors were woefully inadequate. The revolution in powerful cyber technologies triggered urgency in building cybersecurity strategies and capabilities.
Cyber threats have not disappeared. The information technology landscape, though, has evolved to equip governments and companies to make remarkable strides in cybersecurity over the past decade, to the point that even children freely use powerful computers with 24/7 high-speed internet connections.
The emergence of improved cybersecurity across information technologies can point the way how to secure another technological domain undergoing revolutionary changebiotechnology. The tools of biotechnology continue to improve rapidly, and governments, including that of the United States, are rightfully prioritizing biotechnology in their economic and security strategies. Now is a good time to consider how lessons from securing digital tech can guide efforts to safeguard the potential of the bioeconomy.
The U.S. governmentexpects biotechnology to have "outsized importance over the coming decade" in the context of geopolitical competition. Across the Atlantic, the European Commissionhas declared that "advances in life sciences, supported by digitalization and artificial intelligence (AI), and the potential of solutions based on biology to solve societal issues, make biotechnology and biomanufacturing one of the most promising technological areas of this century."
Now is a good time to consider how lessons from securing digital tech can guide efforts to safeguard the potential of the bioeconomy
Likewise, China's fourteenth Five-Year Plan prominently featured biotech and aims to position China's bioeconomy at the forefront globally.Germany, Japan,Saudi Arabia, Singapore, and the United Kingdom are similarly looking to biotechnology to meet major environmental, economic, and security challenges. The new and intense prioritization of biotech is, according to U.S. National Security Advisor Jake Sullivan,motivated by advancements in the ability to "read, write, and edit genetic code, which has rendered biology programmable."
Sullivan is right. Computers run on binary code. Cells also operate through digital code called DNA. Depending on its DNA sequence, a cell can be programmed to produce, for example, a therapeutic drug or inputs for food, agriculture, pharmaceutical, or chemical products. Analysts at McKinsey Global Institute have estimated that programmed cells can produce up to60% of the physical inputs to the global economy. In short, most things manufactured using traditional industrial processessuch as plastics, fuels, materials, and medicinescan soon be made through biomanufacturing and synthetic biology.
The growing interest in leveraging biotechnologies has stimulated an increasing focus on mitigating risks associated with intentional or accidental misuse of more powerful biotech tools. Conventional wisdom suggests that, as the tools of biotechnology become more powerful, mechanisms to mitigate risk could become increasingly limited. But it does not have to be that way. Technology can become both more powerful and more secure.
In fact, that is what happened in the information technology space. Changes in the way people used digital tech helped bring about improved approaches to handling cyber threats. That experience provides lessons for safeguarding biotechnology and the strategic importance and economic promise of the bioeconomy.
John Bumgarner, a cyber warfare expert who is chief technology officer of the U.S. Cyber Consequences Unit, works on his laptop computer, in Charlotte, North Carolina, on December 1, 2011. REUTERS/John Adkisson
In the early days, the information technology landscape was marked by isolated systems and diverse software applications that created a fragmented and often insecure environment. Over time, the desire for greater efficiency and more scalability led to increased centralization in the form of at-scale service providers. Simultaneously, cybersecurity also improved.
Consider cloud computing: Amazon Web Services, Microsoft Azure, and Google Cloud meet the need for government agencies and businesses to access scalable and flexible computing resources without the high costs and complexities of establishing and maintaining the workforce and physical infrastructure associated with on-site data storage. Cloud computing platforms offer on-demand services and allow organizations to pay for only what they use, significantly reducing overhead while enabling access to cutting-edge services. In many ways, cloud computing has transformed the digital age.
Similarly, app stores, such as Apple's App Store and Google Play Apps, revolutionized software distribution. Those marketplaces reach a global audience of users, reduce the barriers to entry in the software market, and provide a trustworthy, convenient experience for users.
Platforms helped establish a multilayered approach that raised the bar for cybersecurity across the entire digital ecosystem
Cloud computing and app store innovations also created opportunities to improve cybersecurity. For example, cloud computing companies not only streamline processes and services but also provide security through standardized protocols, regular updates, and controlled access. Cloud platforms deploy advanced security measures, including sophisticated encryption techniques and threat detection systems.
Centralization also facilitates the rapid deployment of security updates and patches, prompting operators and systems across cyberspace to address vulnerabilities quickly. Likewise, the app ecosystem allows for rigorous vetting of apps and authorization of developers under high standards of security and quality before consumerswhom app stores also often authorize and authenticateuse the apps.
The emergence of those centralized service providers enabled greater scaling of the digital economy and, at the same time, addressed cybersecurity challenges that a fragmented ecosystem could not handle. Platforms helped establish a multilayered approach that raised the bar for cybersecurity across the entire digital ecosystem.
The evolution of cybersecurity across the digital ecosystem offers a roadmap for the bioeconomy. Initially, decentralized systems opened doors to cybersecurity vulnerabilities. The shift toward centralization, partnering, and standardization in digital technologies and services proved instrumental in better mitigating those risks. Similar trends are evident in biotechnology.
The biotech field is transitioning from a fragmented landscape of research and development (R&D) toward more integrated and standardized platforms that support increased scaling of the bioeconomy. That ongoing shift can help establish a robust framework of biosecurity that parallels the improvement of cybersecurity in the digital realm.
Consider traditional approaches to developing biotechnologies. Like the digital information sector in its early stages, biotechnology work has generally taken place in a decentralized ecosystem, relying on expensive, laborious, slow, and uncertain experimentation across many labs and teams. Basically, scientists painstakingly manipulated biological materials at lab benches, akin to the era when digital programming and data processing required deep technical knowledge and bulky, expensive mainframes. The history of biotech development is marked by a relatively slow pace of discovery and high barriers to entry, just as early computing was limited to those with access to sophisticated equipment and the expertise to operate it.
Today, in a transformation that parallels the digital revolution, biotechnology is moving away from specialized, resource-intensive, and decentralized processes to service providers that embrace scale economics to offer more cost-effective and productive services, thus enabling a broader range of applications. That trend in biotech is multifaceted, but includes, for example, providers of R&D and DNA synthesis services.
An employee of BioNTtech works at the "Area 100 R&D" research laboratory for personalized mRNA-based cancer vaccines, in Mainz, Germany, on July 27, 2023. REUTERS/Wolfgang Rattay
Those shifts open opportunities for enhancing biosecurity. Consider the role of R&D platforms that provide services for companies and other actors across the bioeconomy. Those platforms function like cloud computing by offering faster, better, and cheaper results than traditional do-it-yourself approaches. In particular, in the context of building and training AI tools for biology, innovators are hungry for experimental data like never before, and external, purpose-built facilities are well suited to deliver that data on demand. Akin to cloud computing, those R&D platforms also stand to enhance safety and security within the biotech ecosystem.
For example, centralized R&D services are well positioned to adopt and implement security best practices and safety protocols. Biotech users can leverage reliable, standardized services while reducing the risks associated with conducting complex biological experiments independently. In a world where researchers can order biological data online and tap into trusted platforms to conduct experiments, innovators will benefit from improved convenience and efficiency as well as tested tools and validated methodologies that help ensure a higher degree of accuracy and safety in experimental outcomes.Accurate and safe outcomes are crucial in biotechnology, where errors or unintended consequences can have far-reaching implications.
Put simply, outsourcing to at-scale R&D service providers can accelerate biotech discovery and innovation and, at the same time, contribute to a foundation of trust and security that is crucial for the responsible advancement of the bioeconomy.
Similarly, companies that specialize in DNA synthesis services provide another way for at-scale service providers to enhance security within the bioeconomy. Such companies, equipped with advanced technologies and expertise, are better positioned to screen orders for DNA sequences and mitigate the risks of accidental or intentional synthesis of hazardous genetic material than researchers and organizations that only occasionally synthesize DNA.
DNA synthesis service providers are more likely to have the resources and specialized knowledge to thoroughly assess the implications of every DNA sequence they create. Such entities can implement stringent screening protocols that flag and prevent the production of potentially dangerous DNA, such as sequences associated with pathogens or toxins. DNA synthesis as a service not only streamlines an important production process, but also creates incentives to strengthen security. That approach reduces the likelihood that harmful genetic materials are inadvertently synthesized and offers a pathway toward a safer and more secure environment for genetic research and experimentation.
Achieving a secure bioeconomy is imperative for protecting strategic interests, bolstering economic growth, and advancing collective well-being
The trend toward partnership and outsourcing has already proven that it can deliver dramatically improved tools to respond to biological emergencies. Indeed, the response to the COVID-19 pandemic has shown that, when combined with public-sector leadership and support, the bioeconomy offers ready capacity to deliver advanced biosecurity tools and core capabilities of pandemic preparedness, including biosurveillance, environmental monitoring, and continuous development and large-scale production of diagnostics, therapeutics, and vaccines.
The shift in biotechnology toward prioritizing external services is under way and promises to increase innovation, efficiency, and reliability in the bioeconomy while improving biotech safety and security. Such a win-win outcome is not, however, inevitable.
The road to better cybersecurity has not been smooth, and continuing to make cyberspace more secure against evolving and new threats remains a constant challenge. Likewise, creating and sustaining an innovative and secure bioeconomy will not be easy. That task will confront challenges ranging from the machinations of geopolitics to the mysteries of biology.
As true of digital tech, achieving a secure bioeconomy is imperative for protecting strategic interests, bolstering economic growth, and advancing collective well-being. In that context, current trends offer hope that, one day, everyone will have an opportunity to use biotech safely and productively the way they use digital tech today.
A biohazard warning sign is displayed at the Yemaachi Biotechnology cancer research laboratory, in Accra, Ghana, on May 19, 2022. REUTERS/Francis Kokoroko
Ryan Morhard is director of policy and partnerships at Ginkgo Bioworks, Inc. in Boston, Massachusetts; an affiliate of the Georgetown University Center for Global Health Science and Security; and a term member of the Council on Foreign Relations.
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New Biotech Platforms Offer Better Paths to Biosecurity - Think Global Health
Posted: May 27, 2024 at 2:47 am
Philadelphia has rapidly emerged as a major hub for biotechnology, often referred to as Cellicon Valley due to its significant contributions to cell and gene therapy. This thriving ecosystem is driven by a combination of leading academic institutions, a robust network of research organizations, and a dynamic startup scene. Key institutions like the University of Pennsylvania and Childrens Hospital of Philadelphia have been instrumental in developing groundbreaking therapies, such as the first Food and Drug Administration (FDA)-approved gene therapy, Luxturna.Here are eight biotech companies based in Philadelphia to put on your radar.
AUM LifeTech, founded in 2013, is a Philadelphia-based preclinical biotech company. It focuses on developing RNA silencing technologies. Their proprietary FANA technology offers a next-generation approach to gene silencing and regulation. FANA antisense oligonucleotides (ASOs) are designed to target and silence specific RNA molecules, including mRNA, microRNA, and long non-coding RNA, without requiring delivery agents such as viral vectors or complex formulations. ASOs are short, synthetic strands of nucleic acids designed to specifically bind to the mRNA of a target gene. By binding to this mRNA, ASOs can modify the expression of the target gene. This self-delivering capability enhances the efficiency and reduces the toxicity of RNA silencing applications, making it particularly useful in therapeutic development and biomedical research.
AUM LifeTech has established key collaborations with institutions such as the Childrens Hospital of Philadelphia and the University of Pennsylvania. These partnerships aim to leverage FANA technology in cancer immunotherapy and other therapeutic areas.
AUM LifeTechs pipeline focuses on developing RNA silencing therapies for a variety of genetically defined diseases. The company also has a T-regulatory (Treg) candidate focused on lung cancer targeting the FOXP3 gene. AUM LifeTech also develops a project targeting Parkinsons disease.
BlueWhale Bio, a biotech company founded in 2023 and based in Philadelphia, emerged from the University of Pennsylvania. It focuses on cell and gene therapy manufacturing. BlueWhale Bio aims to overcome the bottlenecks in the production of cell and gene therapies to make these treatments more accessible and affordable for patients.
In September 2023, BlueWhale Bio secured $18 million in seed financing led by Danaher Ventures. This initial funding supports the development of BlueWhale Bios manufacturing platform and product portfolio.
While specific product details about the companys pipeline are still under wraps, the companys approach focuses on addressing the critical needs of cell and gene therapy production, including improving process efficiency, scalability, and cost-effectiveness.
The company is the first to emerge from the Danaher Ventures Pioneer Program, which supports the creation of companies with disruptive technologies in life sciences.
This is not the first time we have talked about Carisma Therapeutics as it was on our list of companies to follow last December. This biotech company based in Philadelphia is innovating in the field of immunotherapy with its development of chimeric antigen receptor macrophages (CAR-M) and CAR-monocytes. These engineered cells leverage the innate and adaptive immune responses to target and destroy cancer cells, particularly in solid tumors. Unlike traditional CAR-T therapies that face challenges in treating solid tumors, CAR-macrophages are designed to overcome these hurdles by infiltrating tumors, surviving in the hostile tumor environment, and activating a broader immune response.
Carisma raised substantial capital through multiple funding rounds, bringing the total to $151.9 million after completing a $30 million series C round in 2002.
Additionally, Carisma has established a collaboration with Merck to evaluate the efficacy of CAR-macrophages in combination with Mercks anti-PD-1 therapy, KEYTRUDA. This collaboration aims to explore the synergistic effects of combining CAR-M technology with existing immunotherapies to enhance treatment outcomes for HER2-positive cancers. The companies announced the dosing of the first patient in a phase 1 clinical trial in 2023.
In 2024, Carisma made strategic decisions to streamline its pipeline. While development of its CAR-Macrophage candidate CT-0508 has been halted, the company continues to advance CT-0525, a CAR-Monocyte that received FDA clearance in 2023. This clearance allows Carisma to begin evaluating CT-0525 in phase 1 clinical trials. Indeed, the company announced the dosing of the first patient in phase 1 clinical study, last week.
Century Therapeutics, founded in 2018 and based in Philadelphia, is a clinical-stage biotech company that leverages induced pluripotent stem cells (iPSCs) to develop allogeneic, or off-the-shelf, cell therapies. IPSCs are a type of stem cell generated directly from adult cells. They are created by reprogramming somatic cells, such as skin or blood cells, back into an embryonic-like pluripotent state. They offer a renewable source of various cell types, which can be used for therapeutic purposes, drug testing, and understanding disease mechanisms without the ethical concerns associated with embryonic stem cells.
These therapies aim to treat cancers and autoimmune and inflammatory diseases. Centurys approach utilizes the self-renewing capacity of iPSCs combined with advanced genetic engineering and manufacturing technologies.
In April 2024, the company closed a $60 million private placement being utilized to expand the clinical development of their lead program, CNTY-101, among other initiatives. Additionally, Century Therapeutics has a collaboration with Bristol-Myers Squibb.
CNTY-101, the companys lead program is an iPSC-derived NK (natural killer) cell therapy targeting CD19-positive hematologic cancers. It is currently in clinical development and has shown promising preliminary phase 1 results in inducing cytolysis of B-cells. The company plans to expand CNTY-101s application into additional autoimmune disease indications.
Century is also advancing other iPSC-derived NK and T cell therapies targeting various cancers and autoimmune diseases, leveraging their platform to develop multiple product candidates with the potential to provide significant therapeutic benefits.
In 2024, Century Therapeutics announced the acquisition of Clade Therapeutics, which enhances its capabilities in developing scalable, consistent stem cell-based medicines.
Context Therapeutics, headquartered in Philadelphia, is a clinical-stage biotech company focused on developing treatments for solid tumors. The companys primary focus is on hormone-driven cancers, including breast, ovarian, and endometrial cancers. Contexts lead product candidate, CTIM-76, is a selective Claudin 6 (CLDN6) x CD3 bispecific antibody designed to target CLDN6-positive tumors. CLDN6 is a membrane protein found in multiple solid tumors but is minimally expressed in healthy adult tissues, making it an attractive target for cancer therapy.
In May 2024, Context Therapeutics announced the completion of a $100 million private placement. This funding is expected to support the companys operations into 2028, providing substantial resources for the development and clinical testing of CTIM-76 and other pipeline candidates. The company has also received FDA clearance for its IND application for CTIM-76, allowing it to proceed with a phase 1 clinical trial.
iECURE, founded in 2020 and based just outside of Philadelphia, is a clinical-stage gene editing company dedicated to developing mutation-agnostic in vivo gene insertion therapies for treating liver disorders. These therapies aim to knock in healthy copies of disease-causing genes, meaning, introducing a functional copy of a gene directly into the genome of a patients cells. The companys approach targets a wide range of genetic mutations, making it a versatile solution for many monogenic liver diseases.
iECURE has raised significant funding with a notable $50 million series A round, followed by an additional $65 million in series A-1 financing. The company has also received FDA Fast Track designation and orphan drug designation for its lead product candidate, ECUR-506, allowing the initiation of the OTC-HOPE clinical trial. Additionally, the company received approval from the U.K. Medicines & Healthcare Products Regulatory Agency (MHRA) to expand this study.
ECUR-506, the companys lead candidate targets ornithine transcarbamylase (OTC) deficiency, a severe inherited metabolic disorder. ECUR-506 utilizes two adeno-associated virus (AAV) capsids: one carrying an ARCUS nuclease to target gene editing in the PCSK9 gene, and another carrying the functional OTC gene. This innovative approach aims to provide permanent expression of the healthy OTC gene. The OTC-HOPE study, a phase 1/2 clinical trial, is currently enrolling newborn males with severe neonatal onset OTC deficiency to evaluate the safety, tolerability, and efficacy of ECUR-506.
Passage Bio, founded in 2019 is developing transformative therapies for patients suffering from central nervous system (CNS) disorders. The companys primary focus is on creating one-time gene therapies designed to address the underlying pathology of neurodegenerative diseases. Passage Bios lead product candidate, PBFT02, aims to treat frontotemporal dementia (FTD) in patients with mutations in the GRN gene, by elevating progranulin levels to restore lysosomal function and slow disease progression.
PBFT02 uses a harmless virus (AAV1) to carry a healthy copy of the GRN gene directly to the brain. The virus is injected into a fluid-filled space at the base of the brain, the cisterna magna. This method aims to deliver the gene precisely where its needed to help restore normal brain function and slow down the diseases progression.
In 2024, Passage Bio reported positive interim results from the upliFT-D clinical trial for PBFT02. The data showed that the therapy was generally well-tolerated with no serious adverse events in patients receiving an enhanced steroid regimen. Additionally, significant biomarker improvements were observed. Passage Bio plans to expand the clinical development of PBFT02 into additional neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS) and Alzheimers disease.
Passage Bio is also developing gene therapies for GM1 gangliosidosis, Krabbe disease, metachromatic leukodystrophy (MLD), and other neurodegenerative conditions.
Verismo Therapeutics, founded in 2022 and based in Philadelphia, is a clinical-stage biopharmaceutical company working on the development of next-generation CAR T-cell therapies using its novel KIR-CAR platform. This platform incorporates killer immunoglobulin-like receptors (KIRs) derived from NK cells, aiming to improve T-cell persistence and efficacy, especially in challenging solid tumor environments.
KIRs are a family of receptors found on the surface of NK cells, which are part of the innate immune system. These receptors help NK cells recognize and respond to infected or cancerous cells by binding to specific ligands on the target cells. KIRs regulate the activity of NK cells by either activating or inhibiting their functions. When KIRs bind to their specific ligands, they can enhance the cytotoxic activity of NK cells against tumor cells, making them a critical component in targeting cancer cells.
Verismos approach seeks to address the limitations of traditional single-chain CAR T-cell therapies, such as T-cell exhaustion and limited efficacy in solid tumors.
Verismo Therapeutics has secured notable funding, including a $17 million pre-series A financing round. The company collaborates closely with the University of Pennsylvania, where the KIR-CAR technology was originally developed. This partnership includes access to research and clinical trial support.
Verismos pipeline features several promising candidates:
The citys strategic location along the U.S. Northeast corridor offers easy access to major markets, investors, and collaborators, making it an attractive base for biotech companies. Philadelphias biotech landscape is characterized by its collaborative environment where academic institutions, research centers, and biotech companies work closely together. This synergy is evident in initiatives like the Keystone LifeSci Collaborative, which focuses on building a coordinated strategy for industry growth, talent development, and regional competitiveness.
Philadelphias biotech sector is supported by substantial investments and state-of-the-art infrastructure. The University City Science Center and the Navy Yard, home to 150 companies, are examples of dedicated biotech hubs within the city, providing space and resources for innovation and development.
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Eight Philadelphia biotech companies spearheading the industry - Labiotech.eu
Posted: May 27, 2024 at 2:47 am
If you had the chance to help diagnose sepsis, save stored human cells from dying in cryogenic tanks or measure brain data with just a pillowcase, which would you pick? These are the missions of the three local companies that vied Thursday night for a $20,000 prize and the chance to compete for $100,000 in the North Carolina Biotechnology Centers NC Biotech Venture Challenge Southeastern Venture Pitch Finals. Three Wilmington-based companies Predicate HPG, Boreas Monitoring Solutions and Nuream presented at the University of North Carolina Wilmingtons Lumina Theater on Thursday. Neuro-data startup Nuream took home first place. Winning this NC Biotech Venture Challenge is not about us, Nureams co-founder and CEO Rob Cooley told the Business Journal after winning the Southeastern title. It's about the ecosystem and everybody that contributes to it. We're just fortunate, on a stage of amazing entrepreneurs and innovators, to be recognized. Boreas Monitoring Solutions and Predicate HPG both went home with $10,000 for second and third place, respectively. Predicate HPG was also named the 2024 Coastal Entrepreneur of the Year on Wednesday. The group of three finalists participated in a two-month mentoring period leading up to the pitch final. Biotechnology and entrepreneurship professionals in the region served as mentors and judges throughout the process. During his pitch, Cooley said Nureams prototype was completed in recent months and works out of the box. The product is a pillow cover with sewn-in sensors that monitor brain activity. It proves the companys theory that they can collect users brainwaves while they sleep, he said. Cooley said eventually the company strives to create Fabric-as-a-Sensor (FAAS), a product in which the threads of fabric would be sensors instead of sensors sewn into the product. Cooley also said that the company filed for its first provisional patent on Wednesday. Nuream will advance to the NC Biotech Venture Challenges state-level finals on June 27 in Greensboro. Winners from all five N.C. Biotechnology Center office regions around the state will engage in additional mentoring until they compete for the state title. This years venture challenge brought an additional category into the mix. A pre-venture pitch challenge was added this year, allowing university researchers to compete for funding to move toward commercializing their work. UNCW researcher Ying Wang secured $20,000 as the first pre-venture pitch competition winner with his novel universal flu vaccine. Wangs research also received commercialization funding throughNC Innovation'spilot cyclelast week. The second and third-place researchers each won $10,000 to help commercialize their work. The Southeastern Venture Pitch Finals also featured an industry panel from biotech companies with a presence in Wilmington.Katie Schlipp,president of laboratory operations with pharmaceutical contract manufacturer Alcami, Michael Braddock, chief revenue officer of cold storage company Frontier Scientific Solutionsand Brett Lanier, president of pharmaceutical developer Isosceles Pharmaceuticals sat on the panel. In addition to discussing how their companies interact with the community and how the community can support their companies, some gave updates on what theyre working on launching soon. Braddock said Frontier Scientific Solutions is starting a non-stop, round-trip freight aircraft flight from Shannon, Ireland to Wilmington. Frontier officials are in the final stages of negotiations right now, he said. The company is also completing a case study that proves the new flight can reduce a 260-hour trip, transporting a product from Dublin, Ireland to its manufacturing site in Greenville, North Carolina to 27 hours, Braddock said. Frontier specializes in cold storage, which is often necessary in the life science industry when transporting pharmaceuticals that must be kept at a certain temperature throughout the supply chain. Lanier of Isosceles was the first winner of the NC Biotechs venture prize. His company, which specializes in non-opioid pain relief, is working on expanding into the immunology space, he said. We've got some pretty fantastic data that we're hoping to share in the near future around immunology, Lanier said. And so, we're looking at a pivot, so I may need to go back and retake the venture challenge and learn how to pivot into immunology, he joked.
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NC Biotech Southeast venture final names winner, highlights area life sciences - Greater Wilmington Business Journal