 The following is a roundup of top developments in the biotech space over the last 24 hours:Scaling The Peaks Biotech Stocks Hitting 52-week Highs June 29 ADC Therapeutics SA NYSE: ADCT Altimmune Inc NASDAQ: ALT received 4.7 million in DoD funding for its Phase 12 clinical trial of T-COVID, an investigational intranasal immune modulator for the treatment of outpatients with early COVID-19 Cardiff Oncology Inc NASDAQ: CRDF Five Prime Therapeutics Inc NASDAQ: FPRX Halozyme Therapeutics, Inc. NASDAQ: HALO announced FDA nod for Roche Holdings AGs Basel ADR Common Stock OTC: RHHBY Phesgo injection that uses Halozymes Enhanze technology for treating early and metastatic HER2-positive breast cancer Kiniksa Pharmaceuticals Ltd NASDAQ: KNSA announced positive data from Phase 3 study of rilonacept in recurrent pericarditis KITOV PHARMA LTS ADR NASDAQ: KTOV Meridian Bioscience, Inc. NASDAQ: VIVO Novavax, Inc. NASDAQ: NVAX moved on positive analyst action Opko Health Inc. NASDAQ: OPK Pacira Biosciences Inc NASDAQ: PCRX moved in sympathy with Heron Therapeutics Inc NASDAQ: HRTX after the latters non-opioid pain medication failed to receive FDA approval Pliant Therapeutics Inc NASDAQ: PLRX analyst initiated coverage of the stock with bullish ratings following its IPO quiet period expiry Quidel Corporation NASDAQ: QDEL Replimune Group Inc NASDAQ: REPLDown In The Dumps Biotech Stocks Hitting 52-week Lows June 29 AnPac Bio-Medical Science Co Ltd - ADR NASDAQ: ANPC Genetron Holdings Ltd - ADR NASDAQ: GTH Intercept Pharmaceuticals Inc NASDAQ: ICPT FDA issued a complete response letter for the regulatory filing for its NASH drug Iterum Therapeutics PLC NASDAQ: ITRM announced mixed results for the Phase 3 study of sulopenem in treating uncomplicated urinary tract infectionsStocks In Focus FDA Identifies Deficiencies In Verricas NDA For Skin Infection Drug Verrica Pharmaceuticals Inc NASDAQ: VRCA said it has received a letter from the FDA regarding the NDA for VP-102, its lead drug candidate for the treatment of molluscum contagiosum, stating there are deficiencies in the application that ruled out discussion of labeling and post-marketing requirementscommitments at this time.The notification does not reflect a final decision on the information under review, the letter said.The PDUFA date is scheduled for July 13.Although the recent letter did not identify any specific items, the FDA information request during the review period focused on chemistry, manufacturing and control aspects of the drug-device combo, Verrica said.The company also said its ability to address these CMC-related requests was significantly impacted due to the COVID-19 pandemic.Verrica said it intends to work with the FDA to resolve and address any items as quickly as possible.The stock declined 21.89 to 10.99 in after-hours trading.Mercks Keytruda Approved For Colorectal Cancer Merck Co., Inc. NYSE: MRK said the FDA approved approved its anti-PD-1 therapy Keytruda as a monotherapy for the first-line treatment of patients with unresectable or metastatic microsatellite instability-high or mismatch repair deficient colorectal cancer.The approval is based on results from the Phase 3 KEYNOTE-177 trial, in which Keytruda significantly reduced the risk of disease progression or death by 40 compared with chemotherapy, the current standard of care, according to Merck.The approval comes about a week after Keytruda received the nod for recurrent or metastatic cutaneous squamous cell carcinoma that is not curable by surgery or radiation.The stock was down 0.37 at 75.84 premarket Tuesday.See also: The Week Ahead In Biotech June 28- July 4: Pending Clinical Readouts In Focus During A Short Holiday Week Seattle Genetics Reports Positive Midstage Results For Co-Developed Antibody Drug Conjugate In Cervical Cancer Seattle Genetics, Inc. NASDAQ: SGEN announced positive topline results from a Phase 2 single-arm clinical trial dubbed innovaTV 204 that is evaluatingResults from the trial showed a 24 confirmed objective response rate by independent central review, with a median duration of response of 8.3 months.Tisotumab vedotin is an investigational antibody-drug conjugate directed to tissue factor, which is expressed on cervical cancer and can promote tumor growth, angiogenesis and metastases.Tisotumab vedotin is being developed by Seattle Genetics in collaboration with GENMAB ASS ADR NASDAQ: GMAB.Seattle Genetics shares were up 3.43 to 170 premarket and Genmab was 0.98 higher at 32.95.BioMarin Appoints Company Veteran Brian Mueller as CFO BioMarin Pharmaceutical Inc. NASDAQ: BMRN announced the promotions of Brian Mueller to EVP, chief financial officer and of Andrea Acosta to group VP, chief accounting officer. Mueller, whos been at BioMarin for 17 years, had been serving as acting CFO since February, the company said.Hepions NASH Drug Advanced To Final Dose In Phase 1b Multiple Ascending Dose Study Hepion Pharmaceuticals Inc NASDAQ: HEPA announced advancement of the Phase 1b multiple ascending dose study that is evaluating its NASH drug candidate CRV431 to the final dose level of 375mg. This follows a Clinical Trial Management teams review of the 300mg cohort data and determining the dosing level to be safe and well-tolerated.View more earnings on IBBWe are exceedingly pleased that CRV431 continues to be very well tolerated throughout the entire Phase 1 program, which well positions Hepion for our upcoming Phase 2a clinical trial in NASH patients, said Dr. Stephen Harrison, Hepions consultant medical director.The stock was rallying 13.28 to 3.07 premarket Tuesday.OncoCyte Pulls The Plug On Liquid Biopsy Test To Detect Lung Nodule Malignancy Molecular diagnostics company OncoCyte Corp NYSE: OCX said following the completion of the Clinical Validation study of DetermaDx, its liquid biopsy test intended to clarify whether a lung nodule is suspicious or likely benign, demonstrated that the performance of DetermaDx did not meet the predetermined endpoints for the study.The company said it has decided to cease further investment in DetermaDx and focus its efforts on maximizing the significant opportunities it sees for two more advanced commercial testsThe stock was down 47.99 to 1.68 premarket Tuesday.Imara To Join Russell 2000 Index Imara Inc NASDAQ: IMRA said it was added as a member of the U.S. small-cap Russell 2000 Index, effective after the U.S. market opens July 1, as part of the 2020 Russell U.S. Indexes reconstitution.The stock gained 4.99 to 29.90 in after-hours trading.Liquidia To Buy RareGen In All-Stock Deal, Announces 9.375M Common Stock Offering Liquidia Technologies Inc NASDAQ: LQDA announced a definitive agreement to acquire RareGen, a portfolio company of PBM Capital, through an all-stock merger. Liquidia and RareGen will consolidate under a new holding company, to be named Liquidia Corporation, which is expected to trade on the Nasdaq the ticker symbol LQDA.The proposed acquisition bolsters its capabilities in the pulmonary arterial hypertension and commercial readiness for LIQ861, if approved.RareGen has the right to promote Novartis AG NYSE: NVS unit Sandozs first-to-file generic of Remodulin for the treatment of patients with PAH.Separately, Liquidia said it has pricing an underwritten public offering of 9.375 million shares of its common stock at 8 per share for total gross proceeds of 75 million. The offering is expected to close July 2.The stock was slumping 22.31 to 8.29 premarket. Zynerbas Cannabidio Gel Flunks Pivotal Study In Patients With Fragile X Syndrome Announcing top line results from the 14-week pivotal CONNECT-FX study that is evaluating its Zygel in Fragile X syndrome patients, Zynerba Pharmaceuticals Inc NASDAQ: ZYNE said Zygel did not achieve statistical significance versus placebo in the primary endpoint as well as the three key secondary endpoints.However, the company said the study achieved statistical significance on the primary endpoint in a pre-planned ad hoc analysis of patients with full methylation of the FMR1 gene comprising 80 of the study population.In premarket trading Tuesday, the stock was sliding 42.66 to 3.75.Alterity Reaches Agreement With FDA On Phase 2 Study Of Parkinsonian Disorder Drug Alterity Therapeutics Ltd NASDAQ: ATHE said that following a pre-IND meeting regarding its lead drug candidate ATH434 for the treatment of multiple system atrophy, a Parkinsonian disorder, it has reached an agreement with the FDA on the non-clinical investigations required to support the Phase 2 study. The FDA also agreed to key aspects of the Phase 2 study design including the proposed patient population, safety monitoring plan and strategy for evaluating drug exposure during the study, the company said. In premarket trading Tuesday, the stock was climbing 214.53 to 1.84. Offerings Crispr Therapeutics AG NASDAQ: CRSP said it is commencing an underwritten public offering of 325 million in common shares.The stock slid 5.4 to 71 in after-hours trading.Acceleron Pharma Inc NASDAQ: XLRN said it intends to offer 400 million in common stock in an underwritten public offering. All of the shares in the are to be sold by the company.The stock was down 2.88 to 93.38 in after-hours trading.On The Radar Clinical Readouts Akero Therapeutics Inc NASDAQ: AKRO is due to discuss new efficacy and safety data, including biopsy results, from its Phase 2a BALANCED study of AKR-001 in patients with biopsy-confirmed NASH in a post-market press release and webcast. 