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IPO Flurry Continues: Receptos Files Proposed $86M Offering
Cardium Therapeutics Inc., of San Diego, entered a definitive agreement with a single institutional health care fund managed by Sabby Management LLC, its largest shareholder, for a financing of up to $4 million in gross proceeds...MEI Pharma Inc., of San Diego, priced a public offering of about 2 million shares of common stock at $7.50 apiece, a 9.5 percent discount to Thursday's closing priceBy Jennifer Boggs | BioWorld Today | Monday, April 8, 2013 -
Clinic Roundup
Arena Pharmaceuticals Inc., of San Diego, initiated dosing in a Phase I trial of APD334, an oral drug candidate targeting the sphingosine 1-phosphate subtype 1 receptor, for the potential treatment of autoimmune diseasesBioWorld Today | Monday, April 8, 2013 -
Clinic Roundup
Aragon Pharmaceuticals Inc., of San Diego, dosed its first patient in a Phase I trial of ARN-810 for estrogen receptor-positive breast cancer...Vital Therapies Inc., of San Diego, enrolled the first patient in a Phase III trial designated VTI-208, a randomized, open-label, multicenter, controlled trial comparing the company's investigational bio-artificial liver support system, ELAD plus standard of care, vsBioWorld Today | Friday, April 5, 2013 -
Other News To Note
Hovione, of Lisbon, Portugal, entered a co-promotion and collaboration agreement to provide its customers with access to Captisol technology from San Diego-based Ligand Pharmaceuticals Inc...La Jolla Pharmaceutical Co., of San Diego, said its common stock started quotation on the OTC Bulletin Board under the ticker "LJPCBioWorld Today | Thursday, April 4, 2013 -
As Aastrom Falters, ReNeuron Advances Its CLI Cell Therapy
Despite positive Phase II data, Paris-based Sanofi SA and San Diego-based Vical IncBy Cormac Sheridan | BioWorld International | Wednesday, April 3, 2013 -
Other News To Note
Arena Pharmaceuticals Inc., of San Diego, said partner Eisai Inc., of Woodcliff Lake, N.J., submitted a marketing authorization application for Belviq (lorcaserin HCl) in Mexico for use as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adults with an initial body mass index of 30 kg/m2 or greater, or 27 kg/m2 or greater in the presence of at least one weight-related co-morbid conditionBioWorld Today | Tuesday, April 2, 2013 -
Deal Terminations Jump in Q1 as Partners Change Priorities
San Diego-based Ambit Biosciences CorpBy Brian Orelli | BioWorld Insight | Monday, April 1, 2013 -
Biotech Mergers And Acquisitions: Sept. 1, 2012 - March 28, 2013#
San Diego) Bionomics Ltd. (Adelaide, Australia) 9/18/12 9/18/12 $10 Bionomics acquired Eclipse for 23.9M shares, valued at $10M Elevation Pharmaceuticals Inc. (San Diego) Sunovion Pharmaceuticals Inc. (Marlborough, Mass.) 8/31/12 9/6/12 $430 Sunovion offered $430M to acquire Elevation, including $100M up front and $330M in milestone payments Kitov Pharmaceuticals Ltd. (Tel Aviv, Israel) XTL Biopharma-ceuticals Ltd. (Herzliya, Israel) 6/20/12 9/15/12 $48 XTL acquired Kitov for up to $48M inBioWorld Insight | Monday, April 1, 2013 -
Appointments and Advancements
Apricus Biosciences Inc., of San Diego, appointed Richard W. Pascoe CEO...Ignyta Inc., of San Diego, appointed Tom Huizinga to its scientific advisory boardBioWorld Today | Monday, April 1, 2013 -
Other News To Note
Mast Therapeutics Inc., of San Diego, said it engaged ESC Advisors, a division of investment bank KEMA Partners LLC, to serve as its exclusive financial advisor to identify potential partners for MST-188 and advise the company in transactions discussionsBioWorld Today | Friday, March 29, 2013 -
Clinic Roundup
Neurocrine Biosciences Inc., of San Diego, said it started a Phase IIb trial testing elagolix, an oral gonadotropin-releasing hormone antagonist, in uterine fibroidsBioWorld Today | Thursday, March 28, 2013 -
As Aastrom Falters, ReNeuron Advances Its CLI Cell Therapy
Despite positive Phase II data, Paris-based Sanofi SA and San Diego-based Vical IncBy Cormac Sheridan | BioWorld Today | Thursday, March 28, 2013 -
BioLineRx Swoons on Halt in Schizophrenia Drug Trial
after the San Diego firm licensed North American development and commercialization rights to the compound, paying BioLineRx $30 million up front and potentially $335 million in milestonesBy Marie Powers | BioWorld International | Wednesday, March 27, 2013 -
Other News To Note
Mast Therapeutics Inc., of San Diego, said the European Commission designated MST-188 (purified poloxamer 188) as an orphan medicinal product for the treatment of sickle cell diseaseBioWorld Today | Tuesday, March 26, 2013 -
Clinic Roundup
OncoSec Medical Inc., of San Diego, reported positive, durable response results in an update on interim data from its Phase II metastatic melanoma trial of its ImmunoPulse DNA-based immunotherapy and NeoPulse therapy to treat solid tumors...Trius Therapeutics Inc., of San Diego, reported top-line results from its ESTABLISH 2 Phase III study of tedizolid phosphate (TR-701) in acute bacterial skin and skin structure infections (ABSSSI), including methicillin-resistant Staphylococcus aureus (MRSABioWorld Today | Tuesday, March 26, 2013 -
CHMP's Latest Opinions: Seven Positive, One Negative
Other Opinions Issued by CHMP Baxter International Inc., of London, and Halozyme, of San Diego, received a positive opinion on HyQvia (solution for subcutaneous use) for primary and secondary immunodeficienciesBy Catherine Shaffer | BioWorld Today | Monday, March 25, 2013 -
Collaborations Between Biotechnology Companies And Government/Nonprofit Institutions: Dec. 1, 2012 - March 21, 2013
San Diego) McMaster University Collaboration To characterize the in vivo advantages and potential clinical impact of Genoa's lead program, inhaled GP-101 in idiopathic pulmonary fibrosis The research will combine Genoa's expertise in aerosol drug delivery with McMaster's experience in exploring mechanisms of pulmonary fibrosis and managing patients with IPF 1/17/13 Intrexon Corp. (Germantown, Md.) Sanford-Burnham Medical Research Institute (La Jolla, Calif.) Collaboration To accelerate stem cellBioWorld Insight | Monday, March 25, 2013 -
AAN Roundup
Acadia Pharmaceuticals Inc., of San Diego, presented results from its pivotal Phase III -020 study with pimavanserin in patients with Parkinson's disease psychosis, with the analysis of the full dataset from the study showing robust and consistent efficacy of pimavanserin across a wide array of study measures and confirming the positive top-line results previously reported...MediciNova Inc., of San Diego, reported data from a Phase Ib/IIa study of MN-166 (ibudilast) in opioid withdrawal andBioWorld Today | Friday, March 22, 2013 -
Pharma: Clinic Roundup
Upsher-Smith Laboratories Inc., of Maple Grove, Minn., presented data at the American Academy of Neurology meeting in San Diego, supporting favorable tolerability and a predictable, consistent pharmacokinetic profile of USL255 at high doses following single-dose administration to healthy subjectsBioWorld Today | Thursday, March 21, 2013 -
BioLineRx Swoons on Halt in Schizophrenia Drug Trial
after the San Diego firm licensed North American development and commercialization rights to the compound, paying BioLineRx $30 million up front and potentially $335 million in milestonesBy Marie Powers | BioWorld Today | Thursday, March 21, 2013
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