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Biotech Mergers And Acquisitions: Sept. 1, 2012 - March 28, 2013#
For stock-based deals that have been completed, the final value was calculated based on the closing price before the merger's completion was announced. ** Denotes the date the item ran in BioWorld International. @ Conversions of non-U.SBioWorld Insight | Monday, April 1, 2013 -
Aastrom Terminates CLI Trial; Restructures, Shifts to DCM
Late last year, the Cell Therapy Catapult Center, a UK-based incubator for the cell therapy sector, determined that there is limited investment in the field from commercial backers, with big pharma observing and waiting, while SMEs (small and medium-sized enterprises) that are active lack the finance and breadth of resources needed to advance rapidly. (See BioWorld International, Dec. 12, 2012.) The center cited a lack of understanding within the pharma industry of what types of therapies areBy Catherine Shaffer | BioWorld Today | Thursday, March 28, 2013 -
SARcode Investors Reap 120% ROI in Sale to Shire
It's a nice benchmark, if you will, for a first-in-class drug for dry eye," Garheng Kong, general partner at Menlo Park, Calif.-based Sofinnova and SARcode board member, told BioWorld International...Jessica Mann, spokeswoman for Dublin, Ireland-based Shire, told BioWorld International the company was attracted to the asset because of its product differentiation potential and because it targets an area with significant unmet needBio Perspectives | Wednesday, March 27, 2013 -
SEEK's $38M to Back Spin-off; Keeps Vaccine, Antiviral Focus
has been used in other drugs, but never combined with ibuprofen before," Stoloff told BioWorld InternationalBioWorld International | Wednesday, March 27, 2013 -
SARcode Investors Reap 120% ROI in Sale to Shire
It's a nice benchmark, if you will, for a first-in-class drug for dry eye," Garheng Kong, general partner at Menlo Park, Calif.-based Sofinnova and SARcode board member, told BioWorld International...Jessica Mann, spokeswoman for Dublin, Ireland-based Shire, told BioWorld International the company was attracted to the asset because of its product differentiation potential and because it targets an area with significant unmet needBy Cormac Sheridan | BioWorld International | Wednesday, March 27, 2013 -
Immune Modulation Could Speed Bone Fracture Healing
Hans-Dieter Volk, head of the Berlin-Brandenburg Center for Regenerative Therapies (BCRT) and director of the Institute for Medical Immunology in Berlin, told BioWorld International: "Our work opens the door to two developmentsBy Sharon Kingman | BioWorld International | Wednesday, March 27, 2013 -
Santhera Withdraws Raxone MAA, Plans Resubmission
It's a number that would be of interest to the CHMP," Santhera CEO Thomas Meier told BioWorld InternationalBy Cormac Sheridan | BioWorld International | Wednesday, March 27, 2013 -
GW Pharma Files for $50M IPO with Sativex in Phase III
investors," Justin Gover, CEO told BioWorld InternationalBy Nuala Moran | BioWorld International | Wednesday, March 20, 2013 -
ThromboGenics Banks $59M Milestone on EU Approval
Ninety-five percent of them get acquired – that's just a given," Jan De Kerpel, analyst at KBC Securities in Brussels, Belgium, told BioWorld InternationalBy Cormac Sheridan | BioWorld International | Wednesday, March 20, 2013 -
Anticancer Drugs May Hold Key to Parasite Treatment
Matthew Berriman, a co-author of the paper, and group leader for parasite genomics at the Wellcome Trust Sanger Institute, told BioWorld International: "This work lays everything out for the entire tapeworm research community to mine, and provides a shortcut to drug discoveryBy Sharon Kingman | BioWorld International | Wednesday, March 20, 2013 -
Safinamide Hits Endpoints in Two Parkinson's Phase III Trials
Ravi Anand, chief medical officer at Milan, Italy-based Newron told BioWorld InternationalBy Cormac Sheridan | BioWorld International | Wednesday, March 20, 2013 -
Helmedix Lands Seed Funding to Back Helminth Peptide R&D
By the end, we hope to have a lead candidate, know the mode of action and be ready to consider clinical development," Thompson told BioWorld InternationalBy Nuala Moran | BioWorld International | Wednesday, March 20, 2013 -
Grants, Contracts And Awards To Biotech Companies: Oct. 1, 2012 - March 14, 2013
Company (Location) Funding Institution Amount (US$M) Type Details Date OCTOBER Addex Therapeutics SA (Geneva) Swiss Commission for Technology and Innovation CHF0.7 ($0.748) Grant For development of allosteric modulators for neurodegenerative and psychiatric diseases 10/3/12 Advanced Cancer Therapeutics Inc. (Louisville, Ky.) National Cancer Institute $0.158 Phase I SBIR grant To support the development of an inhibitor of glycolysis targeting 6-phosphofructo-2 kinase/fructose 2,6-biphosphatase 3BioWorld Insight | Monday, March 18, 2013 -
Newly Identified Enzyme Could Rival PARPs as a Drug Target
Ivan Ahel, group leader at the Paterson Institute for Cancer Research at the University of Manchester in the UK, told BioWorld International: "The question is, can we intentionally inhibit this protein and others that operate in the same pathwayBio Perspectives | Wednesday, March 13, 2013 -
Planning for Global Expansion, Cell Medica Recruits New CMO
When we approached him, his view was, 'This is a company with an excellent shot at commercializing cell therapies and that's what I want to do.' So he's completely committed to the cause," CEO Gregg Sando told BioWorld International...Cell Medica is expanding operations after raising $26.5 million in July 2012 in a mixture of public and private funding, including a grant from the Cancer Prevention and Research Institute of Texas, under which it is setting up a manufacturing facility and will run aBy Nuala Moran | BioWorld International | Wednesday, March 13, 2013 -
Biotica's Polyketide Programs Find New Home at NeuroVive
Mikael Bronnegard, CEO of Lund, Sweden-based NeuroVive, told BioWorld International that the company has yet to decide whether to take that forward itself or to seek a partner...handed back to Biotica almost two years ago. (See BioWorld International, Aug. 10, 2011.)By Cormac Sheridan | BioWorld International | Wednesday, March 13, 2013 -
Newly Identified Enzyme Could Rival PARPs as a Drug Target
Ivan Ahel, group leader at the Paterson Institute for Cancer Research at the University of Manchester in the UK, told BioWorld International: "The question is, can we intentionally inhibit this protein and others that operate in the same pathwayBy Sharon Kingman | BioWorld International | Wednesday, March 13, 2013 -
U.K. Catalyst Fund Brings $70M to Biotech Firms
The de-risking of the Biomedical Catalyst grants is attracting new investors," he told BioWorld InternationalBy Nuala Moran | BioWorld International | Wednesday, March 13, 2013 -
AbbVie, InterMune Sue EMA on Data Confidentiality
There are certain elements that require protection, mainly related to personal patient data," an EMA spokeswoman told BioWorld International...I don't want to comment on that until the heads of argument are available," AbbVie spokesman Dirk Van Eeden told BioWorld InternationalBioWorld International | Wednesday, March 13, 2013 -
NeuroVive Picks Up Biotica Polyketide Assets
handed back to Biotica almost two years ago. (See BioWorld International, Aug. 10, 2011.)By Cormac Sheridan | BioWorld Today | Tuesday, March 12, 2013
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