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Collaborations Between Biotech And Pharmaceutical Companies: April 1 - May 16, 2013
X-BODY will receive an up-front payment, clinical, regulatory and commercial milestones and royalties 4/5/13 MAY Abide Therapeutics Inc. (San Diego) Merck & Co...Senju will pay an eight-digit up-front license fee, additional milestone fees and a percentage royalty on net sales 5/3/13 Ambrx Inc. (San Diego) Bristol-Myers Squibb Co. (New York) $112 Deal for Ambrx's site-specific, antibody drug conjugate technology Bristol-Myers provided $15M up front, plus funding for discovery and research andBioWorld Insight | Monday, May 20, 2013 -
As Markets Fancy Biotech, PTC Therapeutics Joins IPO Queue
In addition to the trio of filings, one biotech IPO closed last week, as San Diego-based Ambit Biosciences Corp...A week earlier, Receptos Inc., also of San Diego, priced its IPO, raising $72.8 million by selling 5.2 million shares at $14 apieceBy Marie Powers | BioWorld Today | Monday, May 20, 2013 -
'JAK'ing Up Myelofibrosis; Sanofi's Phase III Data Solid
Phase I/II data reported by San Diego-based TargeGen prior to the Sanofi buyout also showed the potential of SAR302503 to reduce white blood cell count in patients with leukocytosis and reduce mutant cells responsible for causing the disease in about two-thirds of the patients treatedBy Jennifer Boggs | BioWorld Today | Monday, May 20, 2013 -
Takeda San Diego
Bioscan | Friday, May 17, 2013 -
Other News To Note
AnaptysBio Inc., of San Diego, disclosed a contract award from the U.SBioWorld Today | Friday, May 17, 2013 -
Ambit Cuts Price, Ups Shares; $65M IPO to Fund Quizartinib
The San Diego-based biotech priced about 8.1 million shares at $8 apiece for gross proceeds of about $65 millionBy Jennifer Boggs | BioWorld Today | Friday, May 17, 2013 -
Tokai Adds $35.5M in Series E, Preps for Phase III CRPC Trials
Acadia Pharmaceuticals Inc., of San Diego, priced a $100 million public offering of 8 million shares of common stock at $12.50 apiece, a 3.5 percent discount to Tuesday's closing price...Receptos Inc., of San Diego, said it completed its initial public offering of 5.2 million shares priced at $14 apiece for proceeds of $72.8 million and granted underwriters Credit Suisse Securities LLC, Leerink Swann LLC, BMO Capital Markets and Wedbush PacGrow Life Sciences a 30-day option to purchase up to anBy Jennifer Boggs | BioWorld Today | Thursday, May 16, 2013 -
Cardio3 BioSciences Closes $25M Round for Cell Therapy
and Cytori Therapeutics Inc., of San Diego.By Cormac Sheridan | BioWorld International | Wednesday, May 15, 2013 -
Upside for Cosmo, Grossing $89M in Santarus Stock Sale
On completion of the transaction, which is due to happen Wednesday, Cosmo will retain almost 3 million Santarus shares, representing 4.63 percent of the San Diego-based firm's stockBy Cormac Sheridan | BioWorld International | Wednesday, May 15, 2013 -
Other News To Note
Sorrento Therapeutics Inc., of San Diego, and Igdrasol Inc., of Irvine, Calif., said they acquired exclusive distribution rights from Samyang Biopharmaceuticals, a South Korean firm, to Cynviloq (marketed as Genexol-PM in South Korea) in the 27 countries of the European UnionBioWorld Today | Wednesday, May 15, 2013 -
Upside for Cosmo, Grossing $89M in Santarus Stock Sale
On completion of the transaction, which is due to happen Wednesday, Cosmo will retain almost 3 million Santarus shares, representing 4.63 percent of the San Diego-based firm's stockBy Cormac Sheridan | BioWorld Today | Wednesday, May 15, 2013 -
Clinic Roundup
Prometheus Laboratories Inc., of San Diego, said PROCLIVITY 01, a multicenter study of Proleukin (High Dose Interleukin-2 [HD IL-2])1 plus vemurafenib therapy in patients with BRAF V600 mutation-positive metastatic melanoma (mM) is enrolling patientsBioWorld Today | Tuesday, May 14, 2013 -
Beyond Kalbitor: Dyax Adds $30M for HAE Prophylactic
MediciNova Inc., of San Diego, entered a securities purchase agreement, selling about 1.2 million shares of common stock priced at $3.15 apieceBy Jennifer Boggs | BioWorld Today | Tuesday, May 14, 2013 -
Phase II Clinical Trials Update: April 2013
San Diego) PEGPH20 A pegylated form of rHuPH20 Stage IV metastatic pancreatic cancer Started a Phase II trial 4/24/13 Merrimack Pharmaceuticals Inc. (Cambridge, Mass.) MM-121 A signaling inhibitor targeting ErbB3 HER2-negative breast cancer The final patient was enrolled in one group of a two-cohort Phase II trial of MM-121 combined with paclitaxel 4/16/13 Merrimack Pharmaceuticals Inc. (Cambridge, Mass.) MM-121 A signaling inhibitor targeting ErbB3 Non-small-cell lung cancer One cohort of aBioWorld Insight | Monday, May 13, 2013 -
European Congress of Clinical Microbiology and Infectious Diseases: April 2013
San Diego) TR-701 Tedizolid phosphate Linezolid-resistant strain of bacteria Data demonstrated it did not increase blood pressure when used in conjunction with vasoconstrictor drugs such as decongestants 4/30/13 Notes: Public biotech company stock symbols can be found in the stock report located on the last two pages of this issueBioWorld Insight | Monday, May 13, 2013 -
Phase I Clinical Trials Update: April 2013
Company (Location) Product Description Indication Status Date AUTOIMMUNE Acorda Therapeutics Inc. (Ardsley, N.Y.) rHIgM22 A remyelinating antibody Multiple sclerosis Enrollment began in the first trial 4/24/13 Arena Pharmaceuticals Inc. (San Diego) APD334 An oral drug targeting the sphingosine 1-phosphate subtype 1 receptor Autoimmune diseases Initiated dosing in a Phase I trial 4/8/13 Idera Pharmaceuticals Inc. (Cambridge, Mass.) IMO-8400 An agonist of Toll-like receptors 7, 8 and 9 PsoriasisBioWorld Insight | Monday, May 13, 2013 -
Phase III Clinical Trials Update: April 2013
San Diego) Etarfolatide Molecular imaging agent Osteoarthritis Data showed it may identify and differentiate inflammatory from non-inflammatory diseases states 4/29/13 MISCELLANEOUS BHR Pharma LLC (Herndon, Va.) BHR-100 Intravenous progesterone infusion agent Severe traumatic brain injury The 1,000th patient was enrolled in the global Phase III study 4/16/13 EyeGate Pharma Inc. (Waltham, Mass.) EGP-437 Comprises a formulation of dexamethasone delivered into the eye using an ocular iontophoresisBioWorld Insight | Monday, May 13, 2013 -
Non-U.S. Clinical Trials & Regulatory Actions: April 2013
San Diego) and Eisai Inc. (Woodcliff Lake, N.J.) Belviq Lorcaserin HCl Chronic weight management Submitted an MAA for its use as an adjunct to a reduced-calorie diet and increased physical activity 4/2/13 Avanir Pharmaceuticals Inc. (Aliso Viejo, Calif.) Nuedexta Dextrometh-orphan hydrobromide and quinidine sulfate Pseudobulbar affect CHMP recommended approval 4/29/13 Trigemina Inc. (Moraga, Calif.) TI-001 Intranasal oxytocin Chronic migraine Chile approved the protocol for a Phase II study 4/10BioWorld Insight | Monday, May 13, 2013 -
FDA Submissions, Approvals & Other Actions: April 2013
plc (Bedminster, N.J., and Dublin, Ireland) Vascepa Icosapent ethyl capsules High triglycerides FDA accepted its supplemental NDA for use as an adjunct to diet 4/24/13 Santarus Inc. (San Diego) and Pharming Group (Leiden, the Netherlands) Ruconest Recombinant human C1 esterase inhibitor Hereditary angioedema Submitted a BLA 4/18/13 CENTRAL NERVOUS SYSTEM Acadia Pharmaceuticals Inc. (San Diego) Pimaanserin Oral tablet Parkinson's disease psychosis FDA said the company will not need another PhaseBioWorld Insight | Monday, May 13, 2013 -
Receptos Prices Solid IPO, Raises $72.8M for Pipeline
Receptos Inc., of San Diego, priced its initial public offering (IPO) of 5.2 million shares of common stock at $14 per share, for a total raise of $72.8 millionBy Catherine Shaffer | BioWorld Today | Friday, May 10, 2013
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