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Biotech - Big Pharma Collaborations: Modified And Terminated Agreements: April 1 - May 16, 2013
Inc. (Whitehouse Station, N.J.) $86.5 Exercised option for Merck to exclusively license small-molecule compounds for a target in cardiovascular disease The companies inked the deal in 2009, and under the terms, Xenon received milestone payments and an option fee and is eligible for further research, development and regulatory milestone payments of up to $86.5M 4/18/13 MAY Hyperion Therapeutics Inc. (South San Francisco) Valeant Pharmaceuticals International Inc. (Montreal) $13-$22 HyperionBioWorld Insight | Monday, May 20, 2013 -
Other News To Note
Genmab A/S, of Copenhagen, Denmark, reported that South San Francisco-based Genentech Inc., a unit of the Roche Group, and Weston, Mass.-based Biogen Idec IncBioWorld Today | Monday, May 20, 2013 -
Pharma: Other News To Note
Scientists at Bayer HealthCare's U.S. Innovation Center in San Francisco will work collaboratively with counterparts at QB3 and Mission Bay Capital in the structured public-private partnership, with QB3 bringing up to 60 companies a year from its network for Bayer to evaluate for potential partnershipsBioWorld Today | Friday, May 17, 2013 -
Pharma: Clinic Roundup
Bayer HealthCare Pharmaceuticals Inc., of Berkeley, Calif., and Onyx Pharmaceuticals Inc., of South San Francisco, said the FDA approved Bayer's Stivarga (regorafenib) for metastatic gastrointestinal stromal tumor previously treated with imatinib mesylate and sunitinib malateBioWorld Today | Thursday, May 16, 2013 -
Clinic Roundup
Jennerex Biotherapeutics Inc., of San Francisco, said data demonstrating the ability of its lead product candidate, Pexa-Vec (JX-594, pexastimogene devacirepvec) to induce functional anticancer immunity, both in patients with diverse solid tumor types and in animal models has been published in the May 15 issue of Science Translational MedicineBioWorld Today | Thursday, May 16, 2013 -
ASCO Abstracts Shine Light on Cancer Immunotherapy
Daniel S. Chen, associate group director and global development team leader for the anti-PD-L1 program at South San Francisco-based Genentech, agreed that targeting PD-L1 represents cutting-edge cancer therapeutic developmentBy Marie Powers | BioWorld Today | Thursday, May 16, 2013 -
Elan Buying into Theravance, GSK Royalty Stream for $1B
The deal implies a valuation of $4.76 billion for Theravance's future royalty income from the four-product franchise, which suggests that the market considerably undervalues the South San Francisco-based biotech firmBy Cormac Sheridan | BioWorld International | Wednesday, May 15, 2013 -
Elan Buying into Theravance, GSK Royalty Stream for $1B
The deal implies a valuation of $4.76 billion for Theravance's future royalty income from the four-product franchise, which suggests that the market considerably undervalues the South San Francisco-based biotech firmBy Cormac Sheridan | BioWorld Today | Tuesday, May 14, 2013 -
American Association for Cancer Research: April 2013
San Francisco) Cometriq Cabozantinib Castration-resistant prostate cancer Bone metastases showed a 67% rate of bone scan response and other clinical signs of effect 4/12/13 Onconova Therapeutics Inc. (Newtown, Pa.) Rigosertib A dual pathway inhibitor Solid tumors Phase I data showed tolerability and favorable antitumor activity 4/11/13 Pharmacyclics Inc. (Sunnyvale, Calif.) Ibrutinib Oral agent Chronic lymphocytic leukemia Phase II data showed that 95% of patients experienced a reduction inBioWorld Insight | Monday, May 13, 2013 -
Phase II Clinical Trials Update: April 2013
San Francisco) Zybrestat Antiangiogenic therapeuticBioWorld Insight | Monday, May 13, 2013 -
'Lung' Time Coming: Breo Win Caps Theravance, GSK Efforts
South San Francisco-based Theravance's shares (NASDAQ:THRX) jumped 11.6 percent on news from the FDA, closing Friday at $34.94, up $3.63By Randy Osborne | BioWorld Today | Monday, May 13, 2013 -
Diagnostics Rapidly Evolving, Ideal Companions in Drug R&D
Kadcyla is marketed by Roche AG unit Genentech Inc., of South San FranciscoBy Peter Winter | BioWorld Insight | Monday, May 13, 2013 -
Phase I Clinical Trials Update: April 2013
San Francisco) CK-2127107 Molecule activator of the fast skeletal muscle troponin complex Conditions associated with neuromuscular dysfunction, muscular weakness and/or muscle fatigue Started a Phase I trial 4/2/13 Immunomic Therapeutics Inc. (Lancaster, Pa.) JRC-LAMP-vax Immunothera-peutic vaccine Red cedar allergy Phase I data showed it met all of its primary safety endpoints 4/25/13 Lipocine Inc. (Salt Lake City) LPCN 1111 Next-generation oral testosterone replacement product TestosteroneBioWorld Insight | Monday, May 13, 2013 -
Phase III Clinical Trials Update: April 2013
Company (Location) Product Description Indication Status Date AUTOIMMUNE Rigel Pharmaceuticals Inc. (South San Francisco) and AstraZeneca plc (London) Fostamatinib Oral spleen tyrosine kinase inhibitor Rheumatoid arthritis Missed the X-ray endpoint of modified Total Sharp score, but hit statistical significance in ACR20 scoring, although the Phase III still fell short of those achieved by Pfizer Inc.'s approved Xeljanz 4/8/13 CANCER Array BioPharma Inc. (Boulder, Colo.) ARRY-520 A selective KSPBioWorld Insight | Monday, May 13, 2013 -
Other News To Note
Curis earned a $4 million milestone payment from Genentech Inc., of South San Francisco (a unit of Roche AG), as a result of the Australian approvalBioWorld Today | Monday, May 13, 2013 -
Non-U.S. Clinical Trials & Regulatory Actions: April 2013
once-daily Multiple sclerosis Was approved in Argentina in a 14 mg formulation for patients with relapsing forms 4/9/13 CANCER Celgene Corp. (Summit, N.J.) Revlimid Lenalidomide Transfusion-dependent anemia CHMP adopted a positive opinion for Revlimid 4/29/13 Curis Inc. (Lexington, Mass.) Erivedge Vismodegib Symptomatic metastatic basal cell carcinoma CHMP recommended conditional approval 4/29/13 Medivation Inc. (San Francisco) and Astellas Pharma Inc. (Tokyo) Xtandi Enzalutamide MetastaticBioWorld Insight | Monday, May 13, 2013 -
FDA Submissions, Approvals & Other Actions: April 2013
San Francisco) and 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 inducingBioWorld Insight | Monday, May 13, 2013 -
Other News To Note
Jennerex Biotherapeutics Inc., of San Francisco, said the FDA granted orphan drug status for Pexa-Vec (JX-594, pexastimogene devacirepvec) for the treatment of hepatocellular carcinoma (HCCBioWorld Today | Friday, May 10, 2013 -
Earnings Roundup
Exelixis Inc. , of South San Francisco, reported net revenues for the quarter ended March 31, 2013, were $9.7 million, compared to $18.5 million for the comparable period in 2012...Onyx Pharmaceuticals Inc. , of South San Francisco, reported a doubling of its total revenues to $145.5 million in its financial results for the first quarter 2013, as compared to total revenue of $72 million for the comparable period in 2012BioWorld Today | Thursday, May 9, 2013 -
Clinic Roundup
Portola Pharmaceuticals Inc., of South San Francisco, Calif., reported safety and efficacy data from a Phase II proof-of-concept study of PRT4445 of Eliquis (apixaban) in healthy volunteersBioWorld Today | Thursday, May 9, 2013
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