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Elan Looks East with 2 Deals as Royalty Revises Hostile Bid
The Royalty offer is contingent on Elan's shareholders voting down all of its M&A transactions, including its recent $1 billion cash deal to buy a 21 percent stake in South San Francisco-based Theravance Inc.'s future royalty stream from the respiratory franchise it shares with London-based GlaxoSmithKline plcBy Cormac Sheridan | BioWorld Today | Tuesday, May 21, 2013 -
Xenoport Drops Spasticity Drug, Reboots Horizant
The Santa Clara, Calif.-based company said it would plow additional resources into FDA-approved Horizant (gabapentin enacarbil) in restless leg syndrome (RLS) and postherpetic neuralgia (PN) after ending a troubled partnership with GlaxoSmithKline plc (GSK) at the end of April and regaining full rights to the drugBy Marie Powers | BioWorld Today | Tuesday, May 21, 2013 -
Biotech Collaborations Between Pharmaceutical & Miscellaneous Companies: April 1 - May 16, 2013
GlaxoSmithKline plc (London) A*STAR's Institute of Chemical and Engineering Sciences (Singapore) ND Five-year agreement to develop new evidence-based formulations specifically for emerging markets EBFs are medicines reformulated to provide additional patient benefit 4/10/13 GlaxoSmithKline plc (London) Avalon Ventures $495 Deal to launch up to 10 early stage life science companies Avalon will provide up to $30M, while GSK will contribute seed funding, research and development support and successBioWorld Insight | Monday, May 20, 2013 -
Biotech - Big Pharma Collaborations: Modified And Terminated Agreements: April 1 - May 16, 2013
Ltd. (Tokyo) ND ArQule regained worldwide rights to compounds covered under its AKT collaboration, including lead compound ARQ 092 The companies remain partnered on late-stage tyrosine kinase inhibitor tivantinib 4/2/13 Impax Pharmaceuticals (Hayward, Calif.; division of Impax Laboratories Inc.) GlaxoSmithKline plc (London) ND Terminated collaboration for the development and commercialization of Rytary outside the U.SBioWorld Insight | Monday, May 20, 2013 -
Manufacturing, Marketing And Distribution Agreements Between Biotech And Pharmaceutical Companies: April 1 - May 16, 2013
GlaxoSmithKline plc (London) ND Collaboration in which to acquire from GSK the exclusive right in mainland China to import, market, promote, distribute and sell Tykerb (lapitinib), a treatment for advanced or metastatic breast cancer Terms were not disclosed 4/10/13 OPKO Health Inc. (Miami) OAO Pharmsynthez (Russia) ND Partnership to develop and market several OPKO products for sale in Russia and certain other Eastern European countries OPKO acquired about a 10% stake in OAO 4/19/13 ParagonBioWorld Insight | Monday, May 20, 2013 -
Week in Review
plc is paying $1 billion for a 21 percent stake in Theravance Inc.'s future royalty streams from four drugs that are partnered with London-based GlaxoSmithKline plcBioWorld Insight | Monday, May 20, 2013 -
Other News To Note
filed for a re-hearing en banc in the appeal case, in which the Court of Appeals for the Federal Circuit recently upheld the District Court's judgment in favor of GlaxoSmithKline plc, of London, Genmab's partner on Arzerra (ofatumumab...XenoPort reacquired from London-based GlaxoSmithKline plc all commercialization rights to Horizant early this monthBioWorld Today | Monday, May 20, 2013 -
Clinic Roundup
OncoMed Pharmaceuticals Inc., of Redwood City, Calif., began a Phase Ib/II trial of its anti-Notch2/3 antibody (OMP-59R5), triggering an $8 million milestone payment from GlaxoSmithKline plc, of LondonBioWorld Today | Thursday, May 16, 2013 -
Elan Buying into Theravance, GSK Royalty Stream for $1B
and GlaxoSmithKline plc will pay generous dividends over the next decadeBy Cormac Sheridan | BioWorld International | Wednesday, May 15, 2013 -
Pearl's LAMA/LABA Combo Inhaler Enters Phase III Trial
A combination LAMA/LABA inhaler is a logical development since standard treatment of COPD begins with a product like Spiriva, and then advances to combination treatment, such as Spiriva plus Symbicort (formoterol and budesonide, AstraZeneca plc) or Advair (fluticasone/salmeterol, GlaxoSmithKline plc...The market for COPD is estimated at more than $8 billion and growing, and companies like GlaxoSmithKline plc, Boehringer Ingelheim, Merck & CoBy Catherine Shaffer | BioWorld Today | Wednesday, May 15, 2013 -
Elan Buying into Theravance, GSK Royalty Stream for $1B
and GlaxoSmithKline plc will pay generous dividends over the next decadeBy Cormac Sheridan | BioWorld Today | Tuesday, May 14, 2013 -
'Lung' Time Coming: Breo Win Caps Theravance, GSK Efforts
Few of the pundits and tea-leaf readers handicapping the chances for approval of once-daily inhaled Breo (fluticasone furoate /vilanterol) in the wake of last month's FDA advisory panel were surprised by the agency's go-ahead for the chronic obstructive pulmonary disease (COPD) treatment from GlaxoSmithKline plc and Theravance IncBy Randy Osborne | BioWorld Today | Monday, May 13, 2013 -
Non-U.S. Clinical Trials & Regulatory Actions: April 2013
GlaxoSmithKline plc (London) UMEC/VI A combination of GSK573719, or umeclidinium bromide, a long-acting muscarinic antagonist, and vilanterol, a long-acting beta2 agonist, administered using the ELLIPTA inhaler Chronic obstructive pulmonary disease Submitted a regulatory application in Japan 4/23/13 MISCELLANEOUS Advanced Cell Technology Inc. (Marlborough, Mass.) hESC-RPE Human embryonic stem cell-derived retinal pigment epithelial cells Stargardt's macular dystrophy The first subject in theBioWorld Insight | Monday, May 13, 2013 -
FDA Submissions, Approvals & Other Actions: April 2013
GlaxoSmithKline plc (London) Breo Fluticasone furoate (FF)/vilanterol (VI), the combination corticosteroid and long-acting beta2 agonist Chronic obstructive pulmonary disease FDA committee recommended approval 4/18/13 Tris Pharma Inc. (Monmouth Junction, N.J.) Karbinal ER Carbinoxamine maleate extended-release oral suspension Seasonal and perennial allergic rhinitis FDA approved it 4/4/13 MISCELLANEOUS Enlivex Therapeutics Ltd. (Jerusalem) ApoCell A treatment based on inducing immune toleranceBioWorld Insight | Monday, May 13, 2013 -
Isis Peers Beyond Kynamro, Seeks $171M for Pipeline
and $7.5 million from partner GlaxoSmithKline plc (GSK) for initiation of a Phase II/III study of ISIS-TTRRX in TTR amyloidosisBy Marie Powers | BioWorld Today | Friday, May 10, 2013 -
GSK Launches Clinical Data Portal in Transparency Move
GlaxoSmithKline plc's initiative on data transparency took a decisive step forward Tuesday as the company switched on the website that will act as the point of access to its vast repositories of clinical data and named the independent review panel who will control that accessBy Cormac Sheridan | BioWorld International | Wednesday, May 8, 2013 -
Expanding Redx Inks Cancer Alliance with Pharmascience
was terminated following HGS' acquisition by GlaxoSmithKline plcBy Nuala Moran | BioWorld International | Wednesday, May 8, 2013 -
Other News To Note
Liquidia's business, meanwhile, remains focused on the vaccine and pulmonary product development platform, including work initiated under its 2012 collaboration with London-based GlaxoSmithKline plcBioWorld Today | Friday, May 3, 2013 -
Opsona's TLR Biology Will Get a $43M Shot in the Arm
Despite the recent prominence of TLR biology – Bruce Beutler and Jules Hoffman shared one-half of the 2011 Nobel Prize for their seminal discoveries in the area – it has so far proved to be a less fertile ground for drug companies, with the sole exception being London-based GlaxoSmithKline plc's vaccine adjuvant monophosphoryl lipid A (MPL), a TLR-4 agonistBy Cormac Sheridan | BioWorld International | Wednesday, May 1, 2013 -
Oxford BioTherapeutics Inks Target Validation Pact with BI
OBT has ongoing drug development deals with London-based GlaxoSmithKline plc and with Paris-based Sanofi SABy Cormac Sheridan | BioWorld International | Wednesday, May 1, 2013
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