Pfizer Inc. has signed a collaboration agreement with Karo Bio AB, of Stockholm, Sweden, for the development of small-molecule modulators of retinoic acid-related orphan receptor (ROR-gamma), an enticing newer target with relevance for autoimmune disease.
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LONDON – The venture capital investors in Amsterdam Molecular Therapeutics (AMT) have thrown it a €2.5 million (US$3.2 million) lifeline in the hope that will enable the company to stay solvent long enough to close a deal for its gene therapy treatment for hemophilia B. Read More
Zealand Pharma A/S closed out 2011 with a €3 million (US$3.9 million) milestone from partner Helsinn Healthcare SA and could pocket several more such payments in the coming year if other partnered programs make progress.
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LONDON – The UK pharma and biotech industry is gearing up for the start of negotiations with Department of Health officials on a new value-based drug pricing scheme, which is due to replace the current cost-plus system that has been in force for more than 50 years.
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LONDON – The identification of a gene that plays an important role in the development of the pancreas will give a boost to efforts to create insulin-producing pancreatic beta cells for the treatment of Type I diabetes.
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Immunomedics Inc. and development partner UCB SA revised their development, collaboration and license agreement for the exclusive worldwide rights to develop, market and sell Immunomedics' epratuzumab for autoimmune disease indications.
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• TiGenix NV, of Leuven, Belgium, and its subsidiary Cellerix SA, of Tres Cantos, Spain, will receive about $3.8 million from the European Seventh Framework Programme to support the development of their Cx611 program of allogeneic expanded adipose-derived stem cells to treat rheumatoid arthritis.
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