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Pharma: Other News To Note
Pfizer Inc., of New York, said it intends to split off its remaining interest in Zoetis Inc., of Madison, N.J., the former animal health unit that recently completed its initial public offeringBioWorld Today | Thursday, May 23, 2013 -
IPOpalooza Continues with Portola's $122M Offering
Oligomerix Inc., of New York, completed a $2.8M Series B financing, which included both the issuance of new convertible preferred shares and warrants...Stemline Therapeutics Inc., of New York, closed a public offering of 4,137,931 shares of common stock at $14.50 per shareBy Catherine Shaffer | BioWorld Today | Thursday, May 23, 2013 -
Oncolytics' First Phase II Data: Another Winner in Melanoma?
New York-based Bristol-Myers Squibb Co.'s CTLA-4 blocker Yervoy (ipilimumab) won FDA clearance in April 2011 , and another drug given the nod that summer was the kinase inhibitor for patients with the BRAF V600E mutation, Zelboraf (vemurafenib, Daiichi Sankyo Co. Ltd. and Roche AG). (See BioWorld Today, April 4, 2011, and Aug, 18, 2011.) It was those two approvals against which analysts weighed the chances of Thousand Oaks, Calif.-based Amgen Inc.'s talimogene laherparepvec, or T-VEC, broughtBy Randy Osborne | BioWorld Today | Thursday, May 23, 2013 -
Clinic Roundup
Acelrx Pharmaceuticals Inc., of Redwood City, Calif., reported top-line data that showed its sublingual Sufentanil NanoTab PCA (patient-controlled analgesia) System met the primary and secondary efficacy endpoints in a placebo-controlled, Phase III study. In the 48 hours following major orthopedic surgery, patients treated with sufentanil NanoTabs realized a significantly greater score in the Summed Pain Intensity Difference (SPID) than placebo-treated patients. Secondary endpoint data showedBioWorld Today | Thursday, May 23, 2013 -
Elan Looks East with 2 Deals as Royalty Revises Hostile Bid
A couple of hours later, it edged up further after New York-based Royalty Pharma upped its bid for the companyBio Perspectives | Wednesday, May 22, 2013 -
Pfizer Phase III Failure Hints at ADC Shortcomings
New York-based Pfizer said it would discontinue development of the drug in NHL after an independent data monitoring committee concluded during a scheduled interim analysis that the treatment would not meet the primary endpoint of improving overall survival compared with investigator's choice of bendamustine plus rituximab or gemcitabine plus rituximabBy Marie Powers | BioWorld Today | Wednesday, May 22, 2013 -
Novo Snags Xellia for $700M; Continues Investment Strategy
The company was formed in 2008 through a management buyout of the active pharmaceutical ingredients business of Alpharma Inc. (now part of New York-based Pfizer IncBy Cormac Sheridan | BioWorld Today | Wednesday, May 22, 2013 -
Novo Snags Xellia for $700M; Continues Investment Strategy
The company was formed in 2008 through a management buyout of the active pharmaceutical ingredients business of Alpharma Inc. (now part of New York-based Pfizer IncBy Cormac Sheridan | BioWorld International | Wednesday, May 22, 2013 -
Elan Looks East with 2 Deals as Royalty Revises Hostile Bid
A couple of hours later, it edged up further after New York-based Royalty Pharma upped its bid for the companyBy Cormac Sheridan | BioWorld International | Wednesday, May 22, 2013 -
Not 'Growthy,' Tax-Wise Deal: Actavis Takes Warner Chilcott
Most of Actavis' sales, at this point, derive from generic therapies, including major revenue generators such as those for New York-based Pfizer Inc.'s cholesterol-buster Lipitor (atorvastatin), and for Concerta (methylphenidate hydrochloride), the compound for attention-deficit and hyperactivity disorder from Johnson & Johnson, of New Brunswick, N.JBy Randy Osborne | BioWorld Today | Tuesday, May 21, 2013 -
Clinic Roundup
Intercept Pharmaceuticals Inc., of New York, reported initial results from OBADIAH, an ongoing Phase IIa trial of obeticholic acid (OCA) as a treatment for primary bile acid diarrhea (PBAD), showing that treatment with OCA is associated with statistically significant increased levels of fibroblast growth factor 19 (FGF19) and improvement in clinical symptoms in patients with PBADBioWorld Today | Tuesday, May 21, 2013 -
Elan Looks East with 2 Deals as Royalty Revises Hostile Bid
A couple of hours later, it edged up further after New York-based Royalty Pharma upped its bid for the companyBy Cormac Sheridan | BioWorld Today | Tuesday, May 21, 2013 -
Other News To Note
Relmada Therapeutics Inc., of New York, retained Brio Financial Group and GBH CPAs PC as financial reporting consultant and audit firms, respectively, to prepare for a public listingBioWorld Today | Tuesday, May 21, 2013 -
Biotech Collaborations Between Pharmaceutical & Miscellaneous Companies: April 1 - May 16, 2013
Inc. (Whitehouse Station, N.J.) Bristol-Myers Squibb Co. (New York) ND Nonexclusive deal to conduct a Phase II trial of a once-daily oral combination regimen consisting of BMS' NS5A replication complex inhibitor daclatasvir and Merck's NS3/4A protease inhibitor MK-5172 to treat chronic hepatitis C virus Merck will conduct the trial 4/23/13 Merck KGgA (Darmstadt, Germany) Pfizer Inc. (New York) ND Extended collaboration signed in 2002 by Merck's subsidiary EMD Serono Inc...Inc. (Whitehouse StationBioWorld Insight | Monday, May 20, 2013 -
Collaborations Between Biotech And Pharmaceutical Companies: April 1 - May 16, 2013
it also gets research funding and royalties, while BMS holds onto worldwide rights 4/17/13 Tetragenetics Inc. (Cambridge, Mass.) Pfizer Inc. (New York) ND Deal with an option for an exclusive license with Pfizer using Tetragenetics' SionX application of its discovery platform Financial terms were not disclosed 4/4/13 X-BODY Biosciences Inc. (Waltham, Mass.) Jiangsu Hengrui Medicine Co...Merck gains worldwide commercialization rights and will pay royalties to Abide 5/3/13 Adaptive BiotechnologiesBioWorld Insight | Monday, May 20, 2013 -
As Markets Fancy Biotech, PTC Therapeutics Joins IPO Queue
In 2007, the company inked a blockbuster deal with Pfizer Inc., of New York, focused on its Gene Expression Modulation by Small-molecules (GEMS) technology platform, which identifies small molecules that regulate post-transcriptional control mechanismsBy Marie Powers | BioWorld Today | Monday, May 20, 2013 -
Pharma: Other News To Note
Bristol-Myers Squibb Co., of New York, said it has notified the New York Stock Exchange (NYSE) of its intention to voluntarily delist its $2 convertible preferred stock from the NYSE, a decision driven by the low number of shares outstanding, low daily trading volume, listing fees and compliance administration costsBioWorld Today | Monday, May 20, 2013 -
Appointments and Advancements
Intra-Cellular Therapies Inc., of New York, added Michael Rawlins to its board...Ohr Pharmaceutical Inc., of New York, added Thomas M. Riedhammer to its boardBioWorld Today | Monday, May 20, 2013 -
Other News To Note
In 2011, Clovis paid an undisclosed up-front fee to Pfizer Inc., of New York, plus potential milestones of $255 million, in exchange for the right to develop and commercialize the oral Poly(ADP-ribose) polymerase, or PARP, inhibitor, then in Phase I studiesBioWorld International | Wednesday, May 15, 2013 -
Elan Buying into Theravance, GSK Royalty Stream for $1B
That position, taken together with this latest deal, points to a possible future for the company as a royalty management outfit – akin to that of its would-be acquirer, the New York-based Paul Royalty Fund – but this is not the only path it intends to pursueBy Cormac Sheridan | BioWorld International | Wednesday, May 15, 2013
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