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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 -
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 Today | Tuesday, May 14, 2013 -
Seeing the Forest for Trevena: $30M, Option for Heart Drug
If the option is exercised, New York-based Forest will make payments of up to $430 million, depending upon the achievement of development and commercial milestones, plus royalties, and will carry forward the development and commercialization of TRV027By Randy Osborne | BioWorld Today | Friday, May 10, 2013 -
N30 Seeks Road to Cystic Fibrosis Therapy, Without VCs
N30 also is remarkable for raising funding entirely from "New York-based private capital," including Deerfield Capital Management LLC and its founder, Arnold SniderBy Marie Powers | BioWorld Today | Tuesday, May 7, 2013 -
Opsona's TLR Biology Will Get a $43M Shot in the Arm
York-based Pfizer IncBy Cormac Sheridan | BioWorld International | Wednesday, May 1, 2013 -
Elan Plans to Assemble a 'Constellation' of Transactions
New York-based Royalty Pharma, which has made a hostile bid of $7.3 billion for Elan, has explicitly alluded to this in an investor presentation: "If Elan management was raising a fund to go out and buy unknown companies and products around the globe, would you invest $4.4 billion with themBioWorld International | Wednesday, May 1, 2013 -
Opsona's TLR Biology Will Get a $43M Shot in the Arm
York-based Pfizer IncBy Cormac Sheridan | BioWorld Today | Tuesday, April 30, 2013 -
Elan Plans to Assemble a 'Constellation' of Transactions
New York-based Royalty Pharma, which has made a hostile bid of $7.3 billion for Elan, has explicitly alluded to this in an investor presentation: "If Elan management was raising a fund to go out and buy unknown companies and products around the globe, would you invest $4.4 billion with themBy Cormac Sheridan | BioWorld Today | Thursday, April 25, 2013 -
Amgen Product Sales, Revenues Fall Short of Street Estimates
Amgen indicated that demand trends have not changed," wrote analyst Eric Schmidt, of New York-based Cowen and Co., in a research note, "but that much of the sequential decline in sales was due to late 2012 buy-ins by secondary customers ahead of Q1 price increasesBy Karen Pihl-Carey | BioWorld Today | Thursday, April 25, 2013 -
Other News To Note
plc, of Dublin, Ireland, said its board has determined that New York-based Royalty Pharma's offer to acquire the company for $11.25 or less per share substantially undervalues the companyBioWorld International | Wednesday, April 24, 2013 -
Other News To Note
plc, of Dublin, Ireland, said its board has determined that New York-based Royalty Pharma's offer to acquire the company for $11.25 or less per share substantially undervalues the companyBioWorld Today | Tuesday, April 23, 2013 -
Rear-View Mirror Offers Preview of Road Forward
The venture capital environment in biotech is severely stressed," said Jonathan Leff, partner at New York-based Deerfield Management and chairman of the Deerfield Institute, who serves on the boards for both BIO and the NVCA and has attended the convention for most of his 17 years as a venture capitalistBy Marie Powers | BioWorld Today | Monday, April 22, 2013 -
Santaris Getting $10M Up Front in BMS Drug Discovery Pact
New York-based BMS will hold worldwide rights to whatever products emerge from the alliance...Its other partners include New York-based Pfizer IncBy Cormac Sheridan | BioWorld Today | Wednesday, April 17, 2013 -
Santaris Getting $10M Up Front in BMS Drug Discovery Pact
New York-based BMS will hold worldwide rights to whatever products emerge from the alliance...Its other partners include New York-based Pfizer IncBy Cormac Sheridan | BioWorld International | Wednesday, April 17, 2013 -
Durata Pads Coffers Ahead of NDA; Kamada Files for U.S. IPO
In 2007, dalbavancin, which was then owned by New York-based Pfizer Inc. (acquired in the Vicuron Pharmaceuticals Inc. buyout of 2005), got snagged in the FDA's shifting guidelines on antibiotic development, earning a rejection despite hitting its endpoint in an 800-patient noninferiority trial in skin infectionsBy Jennifer Boggs | BioWorld Today | Monday, April 15, 2013 -
Pfizer 'BINDS' to Accurins in Potential $210M-Plus Deal
The Pfizer deal goes a step further than the Amgen agreement, which involved the development of a nanotechnology-based therapeutic for solid tumors, with up-front and development milestones totaling $46.5 million plus $134 million in potential regulatory and sales milestones for the first therapeutic indication. (See BioWorld Today, Jan. 9, 2013.) New York-based Pfizer took an exclusive option to develop and commercialize multiple Accurins following collaborative preclinical research betweenBy Marie Powers | BioWorld Today | Thursday, April 4, 2013 -
Other News To Note
Tetragenetics Inc., of Cambridge, Mass., said it inked a deal with an option for an exclusive license with New York-based Pfizer IncBioWorld Today | Thursday, April 4, 2013 -
At 'Threshold,' Ziopharm's Bid in Sarcoma Fails; Refocus Due
Based on PFS, we know that there is no way this drug will get to approval in any country in the world," said Jonathan Lewis, CEO of New York-based Ziopharm in a conference callBy Randy Osborne | BioWorld Today | Wednesday, March 27, 2013 -
Amgen's Early Melanoma Data: Analysts 'Overall' in Wait Mode
New York-based Bristol-Myers Squibb Co.'s CTLA-4 blocker Yervoy (ipilimumab), approved in 2011, garnered a median OS of 10 months vsBy Randy Osborne | BioWorld Today | Thursday, March 21, 2013 -
Multiple Strategies Employed To Build Early Stage Pipelines
The New York-based company has more than 20 programs across the network of labs that are located in San Diego, San Francisco, Boston and New YorkBy Brian Orelli | BioWorld Insight | Monday, March 18, 2013
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