Category: 3. Business

  • DLA Piper Canada welcomes associate Vijay Dhillon

    DLA Piper (Canada) LLP welcomes Vijay Dhillon to the firm’s Capital Markets group.‎ Vijay’s practice is focused on corporate and securities law. 

    Vijay advises both public and private companies on a variety of transactional matters, including mergers and acquisitions, public and private financings, and corporate reorganizations. He also provides ongoing advice to clients with respect to corporate governance, securities regulatory compliance, continuous disclosure obligations, stock exchange matters and general corporate law. 

    Prior to joining DLA Piper, Vijay practiced at a leading Canadian law firm. He obtained his J.D. from Thompson Rivers University. 

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  • L’Oréal signs an agreement to acquire Color Wow, one of the world’s fastest growing and most innovative professional haircare brands

    Clichy, June 30, 2025 L’Oréal today announced that it had signed an agreement to acquire Color Wow, one of the world’s fastest growing and most innovative professional haircare brands.

    Founded in 2013 by Gail Federici, Color Wow, based in the US and UK, offers a unique range of products that have gained a loyal and devoted following amongst stylists, media and consumers alike. With over 130 beauty awards, Color Wow provides a wide range of innovative solutions to solve the toughest hair problems – including frizz-control, thickening and volumizing. The brand’s hero products include ‘XL Bombshell Volumizer’ and ‘Dream Coat’. 

    Color Wow is a renowned prestige brand in the US haircare market, and is experiencing rapid growth, thanks in part to advocacy and its highly engaged online community. Still true to its professional origins, the brand is now omnichannel, and is already distributed in salons, selective distribution and e-commerce platforms.

    This acquisition further strengthens L’Oréal’s Professional products portfolio, with a proven track record of success and strong potential for global growth. 

    We are delighted to welcome Color Wow to the L’Oréal family.” explained Omar Hajeri, President of L’Oréal’s Professional Products Division. “As a premium haircare brand, with high levels of proven efficacy at an accessible price point, this acquisition will give us an increased foothold in haircare and in the styling category. Convinced of its strong potential, our ambition is to make Color Wow a powerful brand worldwide.”

    “Joining L’Oréal is an incredible opportunity for the entire Color Wow team,” said Gail Federici, Founder & CEO of Color Wow. Becoming part of the world’s number one beauty company, will set the stage for Color Wow’s continued success and help drive our innovation to new heights.” 

    The deal will close following the customary closing conditions, including the standard regulatory approvals. 

     

    About L’Oréal         
    For 115 years, L’Oréal, the world’s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L’Oréal for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality.
    With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (ecommerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2024 the Group generated sales amounting to 43.48 billion euros. With 21 research centers across 13 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 8,000 Digital talents, L’Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse.
    In 2025, L’Oréal Groupe has been named the most innovative company in Europe by Fortune magazine, out of 300 companies, in a ranking spanning 21 countries and 16 industries in Europe.
    More information on https://www.loreal.com/en/mediaroom 


    “This press release does not constitute an offer of sale or solicitation of an offer to purchase L’Oréal shares. If you wish to obtain more comprehensive information about L’Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers, also available in English on our website www.loreal-finance.com.

    This press release may contain forecast information. While the Company believes that these statements are based on reasonable assumptions as of the date of publication of this press release, they are by nature subject to risks and uncertainties which may lead to a discrepancy between the actual figures and those indicated or suggested in these statements.”

     

    CONTACTS L’ORÉAL

    Switchboard 
    +33 (0)1 47 56 70 00

     

    Individual shareholders  
    Pascale GUERIN 
    +33 (0)1 49 64 18 89 
    [email protected]

     

    Financial analysts and institutional investors 
    Eva QUIROGA 
    +33 (0)7 88 14 22 65 
    [email protected]
     

    For further information, please contact your bank, stockbroker of financial institution (I.S.I.N. code: FR000012031) and consult your usual newspapers or magazines or the Internet site for shareholders and investors, www.loreal-finance.com, the L’Oréal Finance app or call the toll-free number from France: 0 800 66 66 66. 0 800 66 66 66

    Follow us on LinkedIn @L’Oréal

    Follow us on Instagram @lorealgroupe

    www.loreal.com


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  • Oxylanthanum Carbonate Fails to Secure FDA Approval for Hyperphosphatemia, CKD

    Oxylanthanum Carbonate Fails to Secure FDA Approval for Hyperphosphatemia, CKD

    Oxylanthanum carbonate may improve treatment adherence.

    Image Credit: Nirusmee – stock.adobe.com

    Oxylanthanum carbonate (OLC) received a Complete Response Letter (CRL) from the FDA for the treatment of hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis, according to an announcement from Unicycive Therapeutics.1 OLC is a next-generation lanthanum-based phosphate binder that utilizes proprietary nanoparticle technology.

    “We plan to immediately seek a Type A meeting with the Agency to gain alignment on the best strategy to ensure rapid resolution of the CRL,” Shalabh Gupta, MD, chief executive officer of Unicycive, said in the statement.

    Hyperphosphatemia, or high phosphate levels in the blood, impacts nearly all patients with end-stage renal disease and is linked to higher mortality among those on dialysis.2 Untreated, it can lead to serious complications like cardiovascular disease. Despite available phosphate binders, about 75% of dialysis patients in the US do not meet recommended phosphorus levels.

    If approved in the future, OLC has the potential to advance treatment by reducing the pill burden that currently impacts adherence among this patient population, who often face a regimen that can involve up to 12 pills daily, according to Unicycive. In addition to reduced pill count per dose, OLC is designed to be easily swallowed rather than chewed.

    On June 10, Unicycive Therapeutics announced that the FDA had identified manufacturing deficiencies at a third-party subcontractor involved in producing OLC and that the agency had paused any label discussions related to the drug.3 At the time, Unicycive stated it was working with its partners to address the concerns; according to today’s statement,1 this citation was unrelated to OLC and no other technical concerns related to the submitted CMC documentation or testing of OLC itself were noted by the FDA in the application review.

    “With a second manufacturing vendor identified that has produced OLC drug product, we remain optimistic about our ability to bring this promising new treatment option to patients with CKD on dialysis who are managing hyperphosphatemia, and we plan to provide an update as soon as we have additional clarity on next steps from the FDA,” Gupta continued.

    Reduced Treatment Burden; Improved Adherence

    Patient-reported outcomes from the phase 2 UNI-OLC-201 study presented at the 2025 National Kidney Foundation Spring Clinical Meetings suggest that OLC may significantly improve treatment satisfaction, reduce pill burden, and enhance adherence among patients with CKD on dialysis.4 The open-label, single-arm, multicenter trial enrolled 86 dialysis patients with elevated serum phosphate levels to assess the impact of OLC on adherence and patient experience compared with their existing phosphate binder regimens.

    At baseline, patients reported a median daily intake of six phosphate binder tablets, with only 58% indicating adherence to their prescribed treatment. After a washout period and a 10-week regimen of OLC, which included dose titration followed by a maintenance phase, patients reported taking a median of just three OLC tablets per day. Notably, 70% of patients were adherent to OLC treatment, reflecting a meaningful improvement over pre-trial adherence rates.

    The results further showed that 79% of participants preferred OLC over their previous phosphate binder, and nearly all (98%) described OLC as easy to take, a stark contrast to the 38% who found their prior medication easy to use. Patient satisfaction with treatment also increased considerably, with 89% reporting satisfaction with OLC compared to 49% who were satisfied with their earlier phosphate binder.

    The NDA for OLC was submitted under the FDA’s 505(b)(2) pathway, leveraging data from 3 clinical studies and multiple preclinical evaluations.2 The product is protected by a broad global patent portfolio, with exclusivity extending through at least 2031 and possibly until 2035 with patent term extensions.

    Unicycive received a waiver for the PDUFA application fees, saving the company approximately $4 million as it prepares for potential commercialization of OLC in the second half of 2025. The global market for hyperphosphatemia treatments is estimated to exceed $2.5 billion, with the US market accounting for over $1 billion of that total.

    References

    1. Unicycive Therapeutics announces receipt of Complete Response Letter for oxylanthanum carbonate for the treatment of hyperphosphatemia in patients with chronic kidney disease on dialysis. News release. Unicycive Therapeutics. June 30, 2025. Accessed June 30, 2025. https://www.globenewswire.com/news-release/2025/06/30/3107365/0/en/Unicycive-Therapeutics-Announces-Receipt-of-Complete-Response-Letter-for-Oxylanthanum-Carbonate-for-the-Treatment-of-Hyperphosphatemia-in-Patients-with-Chronic-Kidney-Disease-on-Di.html

    2. Unicycive Therapeutics announces U.S. FDA acceptance of the New Drug Application (NDA) for oxylanthanum carbonate (OLC) for the treatment of hyperphosphatemia in patients with chronic kidney disease on dialysis. News release. Unicycive Therapeutics. November 11, 2024. Accessed June 24, 2025. https://www.globenewswire.com/en/news-release/2024/11/11/2978178/0/en/Unicycive-Therapeutics-Announces-U-S-FDA-Acceptance-of-the-New-Drug-Application-NDA-for-Oxylanthanum-Carbonate-OLC-for-the-Treatment-of-Hyperphosphatemia-in-Patients-with-Chronic-K.html

    3. Unicycive provides update on New Drug Application for oxylanthanum carbonate to treat hyperphosphatemia in patients with chronic kidney disease on dialysis. News release. Unicycive Therapeutics. June 10, 2025. Accessed June 24, 2025. https://www.globenewswire.com/news-release/2025/06/10/3096422/0/en/Unicycive-Provides-Update-on-New-Drug-Application-for-Oxylanthanum-Carbonate-to-Treat-Hyperphosphatemia-in-Patients-with-Chronic-Kidney-Disease-on-Dialysis.html

    4. Brooks A. Oxylanthanum carbonate may offer desirable alternative to current phosphate binders. HCPLive. April 10, 2025. Accessed June 24, 2025. https://www.hcplive.com/view/oxylanthanum-carbonate-may-offer-desirable-alternative-current-phosphate-binders

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  • Report on payments made during fiscal year 2024 by VINCI

    Report on payments made during fiscal year 2024 by VINCI

    Public limited company (SA) with capital of €1,460,429,245.00
    Registered office : 1973, boulevard de la Défense, 92000 Nanterre
    Nanterre TCR 552 037 806
    www.vinci.com

    ___________________________________________________

    Report on payments made
    during fiscal year 2024
    by VINCI group subsidiaries
    to public authorities
    for their extractive activities

    ___________________________________________________

    This report, drawn up in accordance with the provisions of article L. 232-6-2 of the French Commercial Code, reports on payments made during the 2024 fiscal year by VINCI Group subsidiaries engaged in extractive activities to the public authorities of each of the States or territories in which they operate.

    In accordance with legal and regulatory provisions, the disclosure covers the amounts of individual payments, or sets of payments where these are linked together, equal to or more than €100,000, made per site, per country and per type of contribution, during fiscal year 2024, to public authorities. If no payments have been made by a subsidiary, or if a subsidiary carrying out an extractive project has only made payments below the €100,000 threshold, these projects or types of payment have not been included in the table in this report.

    Taxes mainly concern corporate income tax due for the year, as well as taxes related to the income and production of project companies. This report does not include taxes levied on consumption or sales, such as value-added taxes.

    Royalties and rents represent payments in return for rights to exploit quarries or hydrocarbon deposits.

    In fiscal year 2024, these payments were the following as attached:

    This report was approved by the VINCI Board of Directors during its meeting on 18 June 2025.

    Nanterre, 18 June 2025

    The VINCI Board of Directors
    and, by delegation of the Board of Directors,

    ________________________

    Pierre Anjolras
    Chief Executive Officer

    • Rapport-signe-activites-extractives-exercice2024_UK

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  • MRD-Guided Ibrutinib Plus Venetoclax Effective in R/R CLL

    MRD-Guided Ibrutinib Plus Venetoclax Effective in R/R CLL

    Minimal residual disease (MRD)-guided cessation and reinitiation of ibrutinib (Imbruvica; Johnson & Johnson) plus venetoclax (Venclexta; Genentech, Abbvie) is a safe treatment approach for patients with relapsed or refractory chronic lymphocytic leukemia (CLL), a new report suggests.1 The study, which was published in Blood Advances, suggests that MRD-guided therapy offers a way to balance the risks of cessation with those of cumulative toxicity.

    The combination of the Bruton tyrosine kinase (BTK) inhibitor ibrutinib and the BCL-2 inhibitor venetoclax has become a transformative therapeutic option for people with relapsed or refractory CLL, the authors noted. It is sometimes combined with CD20-targeting monoclonal antibodies. Yet, it is not curative, and it comes with significant concerns.

    “While continuous treatment may lead to cumulative toxicity or resistance, fixed-duration treatment may lead to undertreatment and early relapse,” they wrote.

    The combination of ibrutinib and venetoclax has become a transformative therapeutic option for people with relapsed or refractory CLL. | Image Credit: © CLL cells – sovova

    One possible solution, the authors wrote, is the use of MRD to guide therapy. Previous research has shown that undetectable MRD following treatment is an independent prognostic indicator of progression-free and overall survival (PFS and OS, respectively) in patients with CLL.2 However, at the time the investigators initiated their trial, there had not been any studies specifically examining response-guided, time-limited use of ibrutinib plus venetoclax in relapsed or refractory CLL.1

    In the phase 2 VISION/HOVON141 trial (NCT03226301), a subset of patients had undetectable MRD (sensitivity < 10-4 assessed by flow cytometry; abbreviated as uMRD4) in the bone marrow and peripheral blood after 15 cycles of venetoclax plus ibrutinib.3 Those patients could safely stop therapy, the authors found. The new report expands on those findings with updated 4-year follow-up data.1

    A total of 225 patients, treated at 47 sites across 6 European countries, were initially enrolled in the trial. Patients who achieved uMRD4 after 15 cycles (n = 72) were randomized on a 1:2 basis to continue on ibrutinib until toxicity or progression (n = 24) or to stop treatment after the 15th cycle (n = 48). In the cessation cohort, patients were reinitiated on ibrutinib and venetoclax if they met the threshold of detectable MRD (≥ 10-2; abbreviated as dMRD2). Patients who were MRD4 positive (dMRD4) after cycle 15 remained on ibrutinib.

    The investigators found that, at a median follow-up of 51.7 months, the estimated 4-year OS rate was 88%, the 4-year PFS rate was 81%, and 14% of participants required another line of therapy. Within the cessation cohort, 40% of participants reinstated therapy due to dMRD2.

    However, there was no statistically significant gap between the different cohorts. Within the ibrutinib maintenance arm, the OS was 95%, PFS was 90%, and next-therapy rate was 14%. For those in the cessation arm, the OS was 91%, PFS was 85%, and the next-therapy rate was 12%. Among those who continued on ibrutinib because they did not achieve uMRD4 after 15 weeks, the OS was 86%, PFS was 76%, and next-therapy rate was 19%.

    “Importantly, PFS rates were equally high in patients randomized to MRD-guided treatment cessation and reinitiation, emphasizing the potential to reduce treatment exposure and toxicity by MRD-guided treatment in the R/R CLL setting,” the authors wrote.

    They concluded that the cessation and reinitiation of ibrutinib plus venetoclax for relapsed or refractory CLL is feasible and results in lower toxicity compared to indefinite therapy with a BTK inhibitor.

    “The MRD-guided approach may also allow for improved patient compliance, thus offering an alternative to the high discontinuation rate reported outside clinical trials for continuous BTK inhibitors,” they concluded.

    References

    1. Niemann CU, Dubois J, Nasserinejad K, et al. Long-term follow-up of MRD-guided treatment of ibrutinib plus venetoclax for relapsed CLL: phase 2 VISION/HO141 trial. Blood Adv. Published online April 18, 2025. doi:10.1182/bloodadvances.2024015180

    2. Wierda WG, Rawstron A, Cymbalista F, et al. Measurable residual disease in chronic lymphocytic leukemia: expert review and consensus recommendations. Leukemia. 2021;35(11):3059-3072. doi:10.1038/s41375-021-01241-1

    3. Kater AP, Levin MD, Dubois J, et al. Minimal residual disease-guided stop and start of venetoclax plus ibrutinib for patients with relapsed or refractory chronic lymphocytic leukaemia (HOVON141/VISION): primary analysis of an open-label, randomised, phase 2 trial. Lancet Oncol. 2022;23(6):818-828. doi:10.1016/S1470-2045(22)00220-0

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  • Tens of Thousands of Heart Attacks and Strokes Could Be Avoided Each Year if Cholesterol-Lowering Drugs Were Used According to Guidelines | Johns Hopkins

    Tens of Thousands of Heart Attacks and Strokes Could Be Avoided Each Year if Cholesterol-Lowering Drugs Were Used According to Guidelines | Johns Hopkins

    A new study led by Johns Hopkins researchers has identified a significant gap between the number of U.S. patients for whom cholesterol-lowering drugs such as statins are recommended and the actual number of patients who take them. 

    Coronary artery disease remains a leading cause of death in the U.S. and globally, despite the development of statins and other cholesterol-lowering medications in recent decades. Many adults who should be taking these drugs to lower their low-density-lipoprotein (LDL) levels are not—even though these drugs are considered safe and there is a large body of evidence supporting their effectiveness. In their new study, the researchers sought to quantify this treatment gap.

    In a nationally representative analysis of nearly 5,000 U.S. adults, the researchers found that among those who had never had a major cardiovascular event, just under half—47%—were eligible for cholesterol-lowering drugs under U.S. guidelines but only 23% were taking them. Among those who had a record of a major cardiovascular event, just over two-thirds—68%—were receiving cholesterol-lowering treatment when 100% were eligible for them under 2018 U.S. guidelines.

    The researchers estimate that closing this treatment gap could help prevent nearly 100,000 non-fatal heart attacks in the U.S. each year and up to 65,000 strokes overall in the U.S. each year, and also prevent tens of thousands of heart bypass surgeries and stent-placement procedures annually in the U.S. 

    Bringing treatment in line with recommended U.S. guidelines could save up to $30.6 billion in annual medical costs in the U.S. for these prevented events, the researchers estimate.

    The findings were published online June 30 in the Journal of General Internal Medicine.

    “These results add to a growing body of evidence that there are important shortcomings in the quality of care for common and costly chronic diseases such as high cholesterol, and that addressing those shortcomings would yield major public health benefits,” says study lead author G. Caleb Alexander, MD, a practicing internist and professor in the Johns Hopkins Bloomberg School of Public Health’s Department of Epidemiology.

    For their study, the researchers analyzed data on a nationally representative sample of 4,980 American adults, ages 40–75, from U.S. National Health and Nutrition Examination Surveys taken from 2013 to 2020. The researchers used data for each individual that included LDL-cholesterol levels and cardiovascular risk profiles to determine eligibility for lipid-lowering medications based on 2018 U.S. guidelines, as well as actual use of such medications by U.S. patients. 

    The researchers also analyzed U.S. patient data applying E.U. guidelines. The European guidelines had more aggressive LDL-C goals compared to U.S. guidelines, resulting in wider gaps between observed and recommend care.

    The vast majority of the individuals in the sample—89%—didn’t have a record of a major cardiovascular event such as a stroke, heart attack, or coronary bypass surgery. In this “primary prevention” group, representing about 116 million U.S. adults, only 23% were using lipid-lowering drugs to prevent such events, although 47% were eligible for such drugs under U.S. guidelines.

    Among the 11% of the sample who did have a record of a major cardiovascular event—a “secondary prevention” sample representing about 15 million U.S. adults—only 68% received any LDL-lowering treatment, despite 100% being eligible under both the U.S. and E.U guidelines examined.

    The researchers estimated that if treatment for all eligible individuals were fully aligned with U.S. or E.U. guidelines, including the use of non-statin LDL-lowering drugs in many cases, median levels of LDL cholesterol would drop sharply, reducing the risk of major cardiovascular events in the U.S. by up to 27%. 

    “Several factors account for the gaps that we document,” says Alexander. “They include differences in clinician training, patient preferences, barriers to accessing care, financial incentives that don’t always support best practices, and the difficulty of putting clinical guidelines into practice in busy, real-world settings.”

    Bringing actual treatment closer to what guidelines recommend could be achieved through various measures including better patient education on the benefits of treatment for those who know they have high LDL-cholesterol levels, and better screening for everyone else, the researchers say.

    “High cholesterol is an important chronic health condition that silently claims far too many lives —there are millions of people walking around with this condition that don’t even know they have it, and then when it is recognized it too often goes undertreated. Evidence-based action is critical to close the gap and prevent devastating cardiovascular events,” says study senior author Seth S. Martin, MD, MHS, a practicing cardiologist and professor at the Johns Hopkins University School of Medicine.

    U.S. Public Health Gains from Improved Treatment of Hypercholesterolemia: A Simulation Study of NHANES Adults Treated to Guideline-Directed Therapy” was co-authored by G. Caleb Alexander, Jill Curran, Alejandro Victores, Hemalkumar Mehta, Shanshan Lin, Xuya Xiao, Erin Michos, Jeromie Ballreich, Lori Bash, Jason Exter, Kathryn Foti, and Seth Martin.

    Funding was provided by Merck Sharp & Dohme LLC.

    Disclosures: Caleb Alexander is past chair of FDA’s Peripheral and Central Nervous System Advisory Committee and is a co-founding principal and equity holder in Stage Analytics. Outside of this work, Seth Martin has received personal consulting fees from Amgen, AstraZeneca, BMS, Kaneka, Merck, NewAmsterdam, Novartis, Novo Nordisk, Premier, Sanofi, and 89bio. Outside of this work, Erin Michos has received personal consulting fees from Amgen, Arrowhead, AstraZeneca, Boehringer Ingelheim, Edwards Lifescience, Esperion, Ionis, Lilly, Medtronic, Merck, NewAmsterdam, Novartis, Novo Nordisk, and Pfizer. These arrangements have been reviewed and approved by Johns Hopkins University in accordance with its conflict of interest policies. Alejandro Victores, Lori Bash and Jason Exter are employees of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, New Jersey, USA. Jill Curran is now employed by Boehringer Ingelheim.

    # # #

    Media contacts: Jon Eichberger je@jhu.edu or Kris Henry khenry39@jhu.edu

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  • Uría Menéndez appoints Salvador Sánchez-Terán as senior partner and Antonio Herrera as managing partner

    Uría Menéndez appoints Salvador Sánchez-Terán as senior partner and Antonio Herrera as managing partner

    At the General Partners Meeting today, Uría Menéndez’s partners have decided to appoint Salvador Sánchez-Terán as the firm’s senior partner and Antonio Herrera as the managing partner. Both appointments will take effect on 1 January 2026. Jesús Remón, who is currently the firm’s senior partner, will remain associated with the firm as partner emeritus.

    Salvador Sánchez-Terán

    Following two terms as managing partner, during which time he has succeeded in further strengthening the firm’s position in the Iberian market, Salvador Sánchez-Terán will become the firm’s new senior partner. “It has been a real privilege to share the firm’s leadership with Jesús; his example will continue to serve as a benchmark for me and my colleagues,” said Salvador.

    Antonio Herrera

    Antonio Herrera joined Uría Menéndez in 1998 and has been a partner since 2007. He began his career in Madrid, later headed the New York office, and subsequently spent over a decade in charge of the Barcelona office. Since July 2024, he leads the Corporate Law Practice. His professional expertise includes M&A transactions, corporate governance, structured finance and advising start-ups. He has also been a professor at ESADE Law School for over ten years.

    “I am grateful to my partners for their trust in me to take on this responsibility; it is an honour and a challenge that I embrace with great enthusiasm. I intend to build on the achievements of both Salvador and my predecessors, while continuing to develop Uría Menéndez in accordance with the principles that have always defined our firm: legal and ethical rigour, client dedication, commitment to internal talent and social responsibility”, said Herrera.

    Following a distinguished career as a partner, Jesús Remón – who will remain at the firm as partner emeritus – stated that these appointments reflect “the continuity of our model, with a focus on long-term planning and generational renewal.” He also thanked the firm and its members for their unwavering support, and for giving him the opportunity to be part of this collective project.

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  • Gedatolisib Displays Early Efficacy in mCRPC and Pretreated HER2+ Breast Cancer

    Gedatolisib Displays Early Efficacy in mCRPC and Pretreated HER2+ Breast Cancer

    Image Credit: © Axel Kock – stock.adobe.com

    Treatment with the pan-PI3K and mTORC1/2 inhibitor gedatolisib (PF-05212384) generated clinical activity in patients with metastatic castration-resistant prostate cancer (mCRPC) and patients with metastatic HER2-positive breast cancer, according to data from 2 separate clinical trials evaluating the agent.1

    Findings from the phase 1 portion of a phase 1/2 trial (NCT06190899) showed that patients with mCRPC (n = 36) treated with darolutamide (Nubeqa) in combination with gedatolisib at 120 mg (cohort 1) or 180 mg (cohort 2) experienced a 6-month radiographic progression-free survival (rPFS) rate of 66%. In this study, treatment-related adverse effects (TRAEs) did not lead to treatment discontinuation in any patients, and no patients required dose reductions of either agent due to TRAEs. No instances of grade 3 hyperglycemia were reported, and patients experienced grade 2/3 stomatitis at a rate of 10.5%.

    “We are very encouraged by this preliminary efficacy and safety data,” Igor Gorbatchevsky, MD, chief medical officer of Celcuity, stated in a news release “The 66% 6-month rPFS rate for this novel combination therapy compares favorably to published data for androgen receptor inhibitors in this setting. With no treatment-related discontinuations and less than 3% of patients experiencing grade 3 stomatitis, we believe it is important to explore additional dose options for gedatolisib. Available gedatolisib pharmacokinetic data from other clinical trials in solid tumors suggests a relationship between efficacy and dose levels. Since this preliminary data indicates that the optimal gedatolisib dose for patients with mCRPC may not yet have been reached, the company amended the clinical trial protocol to enable exploration of additional doses in the phase 1/1b portion of this clinical trial to determine the recommended phase 2 dose.”

    In a phase 2 study (NCT03698383), patients with pretreated, metastatic HER2-positive breast cancer harboring PIK3CA mutations (n = 44) administered the combination of gedatolisib and trastuzumab-pkrb (Herzuma) experienced an overall response rate (ORR) of 43% and a median PFS of 6.0 months (95% CI, 5.0-7.7). The median overall survival (OS) was 24.7 months (95% CI, 17.3-not applicable). Grade 3 hyperglycemia occurred in 1 patient (2.3%), and no patients discontinued gedatolisib due to TRAEs.

    “The 43% ORR reported in patients who received at least 3 prior lines of anti-HER2 treatment for their disease is very encouraging and compares favorably to published data for other available therapies in this group of patients,” Gorbatchevsky stated. “The regimen was well tolerated, and no patients discontinued gedatolisib due to treatment-related AEs. While additional clinical studies are needed, this data suggests gedatolisib in combination with HER2 targeted therapy may be an effective and well tolerated therapeutic option for patients with HER2-positive metastatic breast cancer.”

    mCRPC Trial Background

    The phase 1/2 study is enrolling patients at least 18 years of age with histologically or cytologically confirmed adenocarcinoma of the prostate without a small cell component that is comprised of less than 10% neuroendocrine-type cells.2 Patients need to have progressive mCRPC with prior treatment with a next-generation androgen receptor signaling inhibitor in the metastatic setting. An ECOG performance status of 0 or 1, along with adequate bone marrow, hepatic, renal and coagulation function, is also required.

    In phase 1, patients are receiving gedatolisib at 120 mg or 180 mg once per week for 3 weeks on and 1 week off in combination with darolutamide at 600 mg per day in 28-day cycles. Phase 2 will evaluate the recommended dose of gedatolisib in combination with the same darolutamide regimen. Safety and determining the recommended phase 2 dose are the primary end points of phase 1. The primary end point of phase 2 is rPFS.

    HER2-Positive Breast Cancer Trial Info

    This phase 2 study enrolled patients at least 19 years of age with histologically or cytologically confirmed diagnosis of HER2-positive breast cancer with suspected PI3K pathway dependence.3 At least 2 HER-2 directed therapies, including trastuzumab (Herceptin) in the metastatic setting, was required. Patients also needed to have at least 1 measurable lesion per RECIST 1.1 criteria, an ECOG performance status of 0 to 1, and adequate bone marrow and organ function.

    All enrolled patients received trastuzumab-pkrb at 6 mg/kg on day 1 of each 21-day cycle following a loading dose of 8mg/kg in cycle 1 in combination with gedatolisib at 180 mg on days 1, 8, and 15 of every 21-day cycle.

    ORR was the trial’s primary end point. Secondary end points included PFS and OS.

    References

    1. Celcuity reports clinical data from two early phase studies of gedatolisib. News release. Celcuity. June 30, 2025. Accessed June 30, 2025. https://ir.celcuity.com/press-releases/?qmodStoryID=5588407709789214
    2. Gedatolisib in combination with darolutamide in metastatic castration-resistant prostate cancer. ClinicalTrials.gov. Updated March 21, 2025. Accessed June 30, 2025. https://clinicaltrials.gov/study/NCT06190899
    3. Phase II study of Herzuma plus gedatolisib in patients with HER-2 positive metastatic breast cancer. ClinicalTrials.gov. Updated February 18, 2021. Accessed June 30, 2025. https://clinicaltrials.gov/study/NCT03698383

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  • Bemarituzumab Plus Chemo Improves OS in FGFR2b+ Gastric Cancer

    Bemarituzumab Plus Chemo Improves OS in FGFR2b+ Gastric Cancer

    Gastric cancer cells: © LASZLO – stock.adobe.com

    First-line treatment with bemarituzumab plus chemotherapy (mFOLFOX6) demonstrated a statistically significant and clinically meaningful improvement in overall survival (OS) vs placebo plus chemotherapy in patients with unresectable locally advanced or metastatic gastric or gastroesophageal junction (G/GEJ) cancer with FGFR2b overexpression and who are non-HER2 positive, according to findings from the phase 3 FORTITUDE-101 trial (NCT05052801).1

    In the study, FGFR2b overexpression was defined as 2+/3+ staining in ≥10% of tumor cells by centrally performed immunohistochemistry testing. With this, the primary end point of the phase 3 FORTITUDE-101 trial (NCT05052801) was met at its prespecified interim analysis.

    Looking at safety, the most frequently reported treatment-emergent adverse events (TEAEs) occurring in more than 25% of patients receiving the bemarituzumab plus chemotherapy regimen included decreased visual acuity, punctate keratitis, anemia, neutropenia, nausea, corneal epithelial defects, and dry eye. Ocular toxicities, which were consistent with findings from the phase 2 trial, occurred in both treatment arms but were notably more frequent and more severe in the bemarituzumab arm of the phase 3 study.

    Full results from the trial will be presented at a future medical meeting.

    “Most patients with gastric cancer are diagnosed at an advanced stage, with poor prognosis, low survival rates, and limited therapeutic options,” said Jay Bradner, MD, executive vice president of research and development at Amgen, in a press release. “These first positive topline results of an FGFR2b targeted monoclonal antibody from our phase 3 FORTITUDE-101 study mark a meaningful advance in the development of effective targeted therapy for gastric cancer.”

    The randomized, multicenter, double-blind, placebo-controlled, phase 3 FORTITUDE-101 trial evaluated bemarituzumab plus mFOLFOX6 vs placebo plus mFOLFOX6 as first-line therapy in 547 patients with advanced G/GEJ cancer with FGFR2b overexpression. The FORTITUDE-101 trial included 300 sites across 37 countries.

    Enrollment was open to patients with histologically documented unresectable, locally advanced/metastatic G/GEJ cancer not amenable to curative therapy who had FGFR2b overexpression. Patients were required to have an ECOG performance status of 1 or less; measurable disease or nonmeasurable but evaluable disease, according to RECIST v1.1; no contraindications to mFOLFOX6 chemotherapy; and adequate organ and bone marrow function.2

    The primary end point of the study is OS, and secondary end points include progression-free survival, overall response rate, number of patients who experience a TEAE, duration of response, disease control rate, pharmacokinetics.

    In addition to FORTITUDE-101, a phase 3 trial (NCT05111626) is currently evaluating bemarituzumab plus chemotherapy and nivolumab (Opdivo) in patients with first-line gastric cancer. Data from this study are expected to read out in the second half of 2025.

    REFERENCES:
    1. Amgen announces positive topline phase 3 results for bemarituzumab in fibroblast growth factor receptor 2b (FGFR2B) positive first-line gastric cancer. News release. Amgen. June 30, 2025. Accessed June 30, 2025. https://tinyurl.com/2vck8tjj
    2. Bemarituzumab or placebo plus chemotherapy in gastric cancers with fibroblast growth factor receptor 2b (FGFR2b) overexpression (FORTITUDE-101). News release. February 7, 2025. Accessed June 30, 2025. https://clinicaltrials.gov/study/NCT05052801

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  • Banks bet big on fossil fuels, boosting financing in 2024, report finds – Mongabay

    1. Banks bet big on fossil fuels, boosting financing in 2024, report finds  Mongabay
    2. What role does your money play in the climate crisis?  Times of India
    3. Fire hazard: Funding the burning of fossil fuels will eventually leave bank money burnt  Mint
    4. Coal Loophole Undermines Bank Pledges to Cut Fossil-Fuel Funding  Bloomberg.com
    5. Are banks lying to us?  Finshots

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