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Pharmaceutical
UK-based immunotherapy firm Centauri Therapeutics has secured a £1 million ($1.25 million) grant from PACE (Pathways to Antimicrobial Clinical Efficacy) to further develop its Alphamer technology. 25 November 2024
Biotechnology
Germany’s Evotec says it has taken notice of the statement made by Halozyme Therapeutics on November 22, stating that it has withdrawn its non-binding proposal to acquire Evotec for 11.00 euros per share in cash. 23 November 2024
Biotechnology
Colorado, USA-based OncoVerity announced the closing of a series A extension led by existing investors, argenX and RefinedScience. The value was not disclosed, but this extension follows a $30 million Series A fundraiser in March 2023. 22 November 2024
Biotechnology
Sweden-based BioArctic saw its fall 7.5% to 139.90 kronor on Friday, after its announced that its partner, Japan’s Eisa, has updated its revenue outlook for the Alzheimer’s treatment Leqembi (lecanemab) for the 2024 fiscal year (FY), which runs from April 2024 through March 2025. 11 November 2024
Biotechnology
Danish biotech Gubra announces that Germany’s Boehringer Ingelheim has decided to discontinue the development of the long-acting neuropeptide Y receptor type 2 (NPY2R) agonist BI 1820237 in obesity. 4 November 2024
Biotechnology
Japanese drugmaker Eisai has completed the rolling submission of a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for lecanemab-irmb (US brand name Leqembi) subcutaneous autoinjector for weekly maintenance dosing after it was granted Fast Track designation by the FDA. 1 November 2024
Pharmaceutical
GSK has announced its largest US manufacturing investment to date, dedicated to producing medicines and vaccines. 25 October 2024
Pharmaceutical
Following a re-examination, the European Medicines Agency’s human health committee, CHMP confirmed its initial recommendation to refuse the granting of a conditional marketing authorization for Masitinib AB Science’s masitinib. 18 October 2024
Pharmaceutical
University Medical Center Groningen (UMCG) and SHINE Europe have secured a 10.5 million euro ($11 million) grant to advance European production of terbium isotopes for cancer treatments. 17 October 2024
Pharmaceutical
Danish dermatology focused LEO Pharma has announced the launch of Anzupgo (delgocitinib) cream in Germany for the treatment of adult patients with moderate to severe chronic hand eczema (CHE), for whom topical corticosteroids are inadequate or inappropriate. 15 October 2024
Pharmaceutical
French pharma major Sanofi revealed it has entered into negotiations with private equity firm Clayton Dubilier & Rice (CD&R) for the potential sale of a 50% controlling stake in Opella, its consumer healthcare business. 14 October 2024
Pharmaceutical
The UK’s new 2024 voluntary scheme for branded medicines pricing, access, and growth (VPAG) came into force at the beginning of January this year. 4 October 2024
Biotechnology
Sirnaomics, a firm specializing in RNAi therapeutics, has entered into a subscription agreement with biotech specialist Poon Hung Fai. 4 October 2024
Biotechnology
GigaGen has been awarded a contract by the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the US Department of Health and Human Services (HHS). 4 October 2024
Biotechnology
Oxford, UK-based Enara Bio today announces the closing of a $32.5 million Series B financing supported by a strong syndicate of new and existing biotech investors. 3 October 2024
Pharmaceutical
French drugmaker Mitem Pharmavhas the worldwide acquisition of Desferal (deferoxamine), a major MITM in hematology, from Swiss giant Novartis. 25 September 2024
article
The European Medicines Agency’s (EMA) Committee for Human Medicinal Products (CHMP) has elected Bruno Sepodes as its new chair. 19 September 2024
Pharmaceutical
The Austrian Academy of Sciences (OeAW) is further expanding its focus on life sciences by opening an institute for biomedical artificial intelligence (AI) based on a 150 million euros ($166.8 million) funding from the German non-profit Boehringer Ingelheim Foundation (BIS). 18 September 2024
Biotechnology
Zenas BioPharma announced the pricing of its upsized initial public offering of 13,235,294 shares of its common stock at an initial public offering price of $17.00 per share. 13 September 2024
Pharmaceutical
US clinical-stage oncology company Revolution Medicines saw its shares fall as much as 7% to $22.81 yesterday, after it announced that French pharma major Sanofi has pulled out their global SHP2 development and commercialization collaboration, which could have earned the American company more than $500 million. 8 December 2022
Pharmaceutical
Swiss pharma major Novartis has announced positive results from the Phase III APPOINT-PNH study. 8 December 2022
Biotechnology
Anjarium Biosciences, a Swiss biotech focused on creating and delivering a new class of non-viral gene therapies, has announced the appointment of Otmane Boussif as chief technology officer (CTO). 8 December 2022
Biotechnology
Japanese drug major Daiichi Sankyo’s shares edged up nearly 2% to 4,426 yen today, after it announced it was giving up Japanese marketing rights to Yescarta (axicabtagene ciloleucel). 8 December 2022
Pharmaceutical
An analysis of how - and why - ophthalmology is increasingly on pharma and investors' radar as a new growth area. 8 December 2022
Biotechnology
Earlier this month, US President Biden told a Carlsbad, Calif. audience that America’s future rests on major breakthroughs in technology and science. “Other countries are closing in fast,” he elaborated. “The CHIPS and Science Act sets us on a path to move up again.” 8 December 2022
Biotechnology
Swedish biotech Oncopeptides saw its shares plunge 36% to 12.00 Swedish kronor yesterday, after it revealed that the US Food and Drug Administration (FDA) has requested a withdrawal of the US marketing authorization for its multiple myeloma drug Pepaxto (melphalan flufenamide). 8 December 2022
Pharmaceutical
The crisis in the Russian pharmaceutical sector is deepening as the country’s Ministry of Health has officially called on the regions to form a four-month reserve of drugs, which is mainly due to the possible interruptions in their supplies from abroad, reports The Pharma Letter’s local correspondent. 8 December 2022
Biotechnology
US biotech Mammoth Biosciences, which is building the next generation of CRISPR products to cure and detect disease, has reinforced its C-suite with the arrival of two industry veterans - Phil Tinmouth as chief business officer, and Siang Chin as general counsel. 8 December 2022
Biotechnology
US biotech Paragon Therapeutics has announced the launch of its first spinout. 7 December 2022
Pharmaceutical
The Office of the US Trade Representative (USTR) yesterday announced support for extending the deadline to decide whether the World Trade Organization’s (WTO) intellectual property (IP) waiver should be expanded to COVID treatments and diagnostics -a sign the 0USTR’s position could be shifting. 7 December 2022
Biotechnology
The marketing authorization application (MAA) for momelotinib, an investigational oral treatment for myelofibrosis, submitted by UK pharma major GSK, has been accepted by the European Medicines Agency (EMA). 7 December 2022
Pharmaceutical
Following a review, the European Medicines Agency’s (EMA) Emergency Task Force (ETF) has concluded that adapted mRNA bivalent vaccines targeting the original strain and Omicron BA.4-5 subvariants of SARS-CoV-2 may be used for initial vaccination. 7 December 2022
Pharmaceutical
A US court has dismissed allegations that the heartburn drug Zantac (ranitidine) causes cancer. 7 December 2022
Pharmaceutical
Developed and marketed by family-owned German Boehringer Ingelheim and the USA’s Eli Lilly, their drug Jardiance (empagliflozin) is the first SGLT2 inhibitor to demonstrate a statistically-significant reduction 0in the primary outcome of HbA1c in children. 7 December 2022
Pharmaceutical
Armed with a huge money pile generated from its COVID-19 anti-viral Paxlovid (nirmatrelvir and ritonavir tablets), not to mention the mammoth success of the Comirnaty vaccine, Pfizer is looking to further expand its offering in the sector. 7 December 2022
Biotechnology
Trodelvy (sacituzumab govitecan-hziy), an antibody-drug conjugate (ADC) developed by California’s Gilead Sciences, has performed well in a post hoc analysis of the Phase III TROPiCS-02 study. 7 December 2022
Biotechnology
Massachusetts, USA-based Entact Bio, co-founded in 2019 by an international group of researchers to develop precision medicines that enhance the function of key proteins, announced it has raised $81 million in Series A financing to advance its proprietary Encompass platform for developing enhancement-targeting chimeric (ENTAC) molecules. 7 December 2022
Biotechnology
Shares of US drugmaker Summit Therapeutics went stratospheric yesterday, rocketing 194% to $2.31 by close, after it announced a licensing deal with a Chinese drug developer that could cost it as much as $5 billion. 7 December 2022
Biotechnology
Australian biotech CSL Limited today unveiled the future of plasma manufacturing in Australia with the opening of its A$900 million ($608 million) plasma fractionation facility in Victoria, which the company claims is the largest of its kind in the Southern Hemisphere. 7 December 2022
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