Gamida Cell Announces Positive Topline Data from Phase 3 Clinical Study

Gamida Cell (NASDAQ: GMDA), announced positive topline results from its Phase 3 clinical study evaluating the safety and efficacy of omidubicel, an investigational advanced cell therapy in development as a potential life-saving treatment option for patients in need of bone marrow transplant.

Ayala Pharmaceuticals Announces Pricing of Initial Public Offering

Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and aggressive cancers, primarily in genetically defined patient populations, announced the pricing of its initial public offering of 3,666,667 shares of common stock at a public offering price of $15.00 per share.

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Biosight Raises $19M in Series C Funding led by Israel Biotech Fund

BioSight Ltd, a pharmaceutical company developing innovative therapeutics for hematological malignancies and disorders, announced today the raising of a $19M Series C financing. The investment was led by Israel Biotech Fund, joined by SBI JI Innovation Fund, Arkin Bio Ventures and additional new and existing investors. 

Pharma Two B Appoints David S. Tierney, MD as CEO

Pharma Two B Ltd., a privately held company developing innovative therapeutics based on previously approved drugs for Parkinson disease, announced today the appointment of David S. Tierney M.D. as Chief Executive Officer, effective immediately as well as the establishment of a fully owned U.S. subsidiary to serve as the marketing base of the Company’s activities.

Ayala’s ex-BMS drug shows promise in triple-negative breast cancer

On the back of the positive preclinical results and the recent $30 million financing round, Ayala is ready to start a phase 2 study of AL101 in TNBC. Separately, the drug is in a phase 2 trial in adenoid cystic carcinoma, with an FDA orphan drug designation.