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BioWorld - Tuesday, June 17, 2025
Home » Topics » Deals and M&A, BioWorld

Deals and M&A, BioWorld
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Enabler of inebilizumab: Mitsubishi pact for Viela gets firm $30M up front

Oct. 10, 2019
By Randy Osborne
Days after going public, Viela Bio Inc. nailed down a deal with Mitsubishi Tanabe Pharma Corp. to develop and commercialize Viela's humanized anti-CD19 monoclonal antibody, inebilizumab, in nine Asia regions for the rare disease called neuromyelitis optica spectrum disorder (NMOSD), as well as other potential future indications.
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Bluebird, Novo Nordisk to collaborate on genome editing project, starting with hemophilia

Oct. 10, 2019
By Lee Landenberger
Bluebird Bio Inc. and Novo Nordisk A/S plan to develop in vivo genome editing treatments for genetic diseases, including hemophilia, over the next three years.
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South Korea's Chong Kun Dang invests in startup Biorchestra targeting Alzheimer's disease

Oct. 10, 2019
By Jihyun Kim
HONG KONG – South Korean pharmaceutical company Chong Kun Dang Holdings recently invested KRW5 billion (US$4.1 million) in Biorchestra Co. Ltd., a Korean startup based in Daejeon that aims to develop Alzheimer's dementia treatment based on microRNA.
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Akcea and Pfizer sign $250M up-front deal

Oct. 8, 2019
By Lee Landenberger
Akcea Therapeutics Inc., a majority owned affiliate of Ionis Pharmaceuticals Inc., and Pfizer Inc. signed an exclusive, worldwide licensing deal for AKCEA-ANGPTL-3-LRx, which is being developed to treat cardiovascular and metabolic diseases. The deal follows a period during which Akcea's stock (NASDAQ:AKCA) has sagged prior to rising Monday and big changes in the company's C-suite.
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South Korea's Bioleaders and Israel's Weizmann found JV to advance p53-targeted R&D

Oct. 7, 2019
By Jihyun Kim
HONG KONG – South Korean biotech Bioleaders Co. Ltd., headquartered in Yong-in city, Gyeonggi-do, and Israel's Weizmann Institute of Science, based in Rehovot, recently founded a joint venture in Israel. With the new entity, they will accelerate the R&D of a Weizmann-developed approach targeting p53, a strong tumor suppressor that has proved difficult to drug.
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Stealing fire in GI, subsets effort by Prometheus lures Takeda to $420M IBD pact

Oct. 7, 2019
By Randy Osborne
CEO Mark McKenna told BioWorld that San Diego-based Prometheus Biosciences Inc. has "cracked the code" in inflammatory bowel disease (IBD) – progress underscored by the firm's deal with Takeda Pharmaceutical Co. Ltd., of Osaka, Japan, which brings an undisclosed up-front payment and as much as $420 million more if development, regulatory and commercial milestones are reached in three programs.
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Newlink and Lumos to link up in 2020

Oct. 2, 2019
By Lee Landenberger
Newlink Genetics Corp. and Lumos Pharma Inc. have agreed to merge, with the deal expected to close in the first quarter of 2020. Lumos will become a wholly owned subsidiary of Newlink, which will be renamed Lumos Pharma Inc.
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Sobi continues its global growth game in Dova buy

Oct. 1, 2019
By Lee Landenberger
The diversification at Swedish Orphan Biovitrum AB (Sobi) continued Monday with its acquisition of Dova Pharmaceuticals Inc. in a deal worth about $915 million.
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The Artara deal crafting: Merger includes $42.5M for post-blowup Proteon

Sep. 25, 2019
By Randy Osborne
Proteon Therapeutics Inc.'s inventorying of options after the phase III failure with vonapanitase in chronic kidney disease (CKD) ended in a merger deal with Artara Therapeutics Inc., a startup that has hung its main hat on TARA-002, a therapy for lymphatic malformations (also called lymphangiomas) that has already gained validation by way of a similar product in Japan.
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Anokion acquires its spin-out, raises $40M series B

Sep. 12, 2019
By Michael Fitzhugh
Anokion SA, a Swiss biotech focused on autoimmune disease, is bringing in-house a startup it spun out for a development alliance with Astellas Pharma Inc. The acquisition of Kanyos Bio Inc., announced alongside news it closed a $40 million series B financing, puts front and center KAN-101, a preclinical celiac disease drug poised for an IND filing by year-end. Together with Anokion's lead candidate, ANK-780, an antigen-specific treatment for multiple sclerosis (MS), the company anticipates having two programs in clinical development within the next 12 months.
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