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Xbrane Enters into Conditional Financing Deal Related to Ranibizumab Biosimilar

As we have previously reported, on June 21, 2023, the FDA accepted Xbrane’s sBLA for LUCAMZI, a proposed ranibizumab biosimilar to Genentech’s LUCENTIS (ranibizumab). On October 16, 2025, Xbrane Biopharma AB announced that it has entered into a financing solution with Fenja Capital II A/S (Fenja) to proactively secure the…

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FDA Approves First Gene Therapy to Treat Children with Metachromatic Leukodystrophy

On March 18, 2024, the FDA approved Orchard Therapeutics’ LENMELDY, the first approved gene therapy for the treatment of children with metachromatic leukodysrophy (MLD).  MLD is a rare, fatal genetic disease affecting approximately one in every 40,000 individuals in the U.S.  LENMELDY is made from patient’s own hematopoietic (blood) stem…

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