Nuvalent Presents Promising Data for Cancer Drugs at ESMO Congress

Nuvalent, Inc. (NUVL) presented positive data from its Phase 1/2 trials of zidesamtinib (ARROS-1) and NVL-655 (ALKOVE-1) at the European Society for Medical Oncology (ESMO) Congress 2024. The data showcased significant response rates and durable responses in heavily pretreated patients with advanced ROS1-positive and ALK-positive non-small cell lung cancer (NSCLC) and other solid tumors. Nuvalent plans to initiate a Phase 3 study for ALK-positive NSCLC in the first half of 2025.

Psyence Biomedical Makes Headway in Psychedelic-Assisted Therapy for Mental Health

Psyence Biomedical, a biotechnology company focused on natural psychedelic-based solutions for mental health, has announced significant progress in its clinical trials and partnerships. The company is currently conducting a Phase IIb clinical trial in Australia for psilocybin-assisted therapy for Adjustment Disorder in palliative care and is expanding its pipeline into Substance Use Disorders, particularly Alcohol Use Disorder (AUD). These developments position Psyence for key data readouts in 2025, potentially leading to commercial success.

FDA Approves Eli Lilly’s Ebglyss for Moderate-to-Severe Eczema

The FDA has approved Eli Lilly’s Ebglyss (lebrikizumab-lbkz), a targeted IL-13 inhibitor, for adults and children with moderate-to-severe atopic dermatitis (eczema) that doesn’t respond well to topical treatments. Ebglyss targets eczema inflammation throughout the body, leading to significant improvement in skin dryness, itching, and irritation. The drug’s effectiveness was proven in clinical trials, with a substantial percentage of patients achieving clear or almost-clear skin and itch relief.

Fetal Doppler Market to Reach US$ 488.3 Million by 2034, Driven by Technological Advancements and Growing Demand for Prenatal Care

The global fetal Doppler market is experiencing robust growth, driven by technological advancements, increasing demand for prenatal care, and the rising prevalence of pregnancy-related complications. Wireless technologies, improved probe accuracy, and enhanced portability are making fetal Doppler devices more accessible and user-friendly, leading to increased adoption in both clinical and home settings. The market is expected to reach US$ 488.3 million by 2034, with North America dominating the region.

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