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BioWorld - Saturday, January 28, 2023
Home » Topics » Deals and M&A

Deals and M&A
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Illuminox on neck tumor illustration

Rakuten, MD Anderson partner to advance photoimmunotherapy, test combos

June 10, 2020
By Stacy Lawrence
No Comments
Dead cancer cells in the body are thought to help trigger an active immune response in oncology patients, particularly in combination with immunotherapy drugs. Some technologies, such as radiation and laser therapy, that kill cancer cells are being investigated for use in combination with immunotherapies. Well-regarded oncology specialist The University of Texas MD Anderson Cancer Center has partnered with Rakuten Medical Inc. to further advance one such technology, the latter’s photoimmunotherapy platform Illuminox.
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Antibodies attacking cancer cell

Genmab banks $750M up front in $3.9B oncology alliance with Abbvie

June 10, 2020
By Cormac Sheridan
No Comments
DUBLIN – Shares in Genmab A/S gained 5% during trading on Nasdaq June 10 on news of an oncology alliance with Abbvie Inc., in which it is banking $750 million up front and up to $3.15 billion in development, regulatory and commercial milestones for up to seven next-generation antibody-based therapeutics.
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Junshi Biosciences strikes deal with Merck, advances Lilly COVID-19 collaboration

June 9, 2020
By David Ho
No Comments
HONG KONG – China’s Shanghai Junshi Biosciences Co. Ltd. has struck a deal with Merck KGaA for a clinical trial program in China to investigate the efficacy and safety of Junshi’s anti-PD-1 monoclonal antibody (MAb), Tuoyi (toripalimab) in combination with Merck’s Erbitux (cetuximab) as a treatment for recurrent and/or metastatic squamous cell carcinomas of the head and neck (SCCHN).
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Cancer cell

Chi-Med and Beigene partner up to test candidates in combination therapy

June 9, 2020
By David Ho
No Comments
HONG KONG – Two Chinese biotech companies, Hutchison China Meditech Ltd. (Chi-Med) and Beigene Ltd., are teaming up to evaluate their therapies as combination treatments for several cancers and in different key markets.
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Handshake with globe background and digital overlay

Innovent partners with Roche in multibillion-dollar deal targeting bispecifics, cell therapies

June 9, 2020
By Elise Mak
No Comments
BEIJING – Suzhou, China-based Innovent Biologics Inc. is known in China as one of the first drugmakers to launch a PD-1 monoclonal antibody. Now, the company is moving to expand its product portfolio and enhance efforts in developing bispecific antibodies and cell therapies in a potential multibillion-dollar deal with pharma giant Roche Holding AG.
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Brain illustration

Evox’s exosome platform draws Lilly in potential $1.2B CNS deal

June 9, 2020
By Nuala Moran
No Comments
LONDON – Evox Therapeutics Ltd. sealed a $1.2 billion collaboration with Eli Lilly and Co. to apply its exosome technology to the doubly difficult task of systemically delivering RNA interference and antisense oligonucleotide drugs, to reach central nervous system targets.
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Microscope image of SARS-CoV-2

Vayyar and Meditemi collaborate on robot that detects early COVID-19 in under 10 seconds

June 5, 2020
By David Ho
No Comments
HONG KONG – Israel-based Vayyar Imaging Ltd. and Hong Kong-based Meditemi Co. Ltd. have teamed up to create a more intelligent care robot that provides a range of remote monitoring capabilities, including early detection of COVID-19 symptoms.
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Cancer cell

Chi-Med and Beigene partner up to test candidates in combination therapy

June 5, 2020
By David Ho
No Comments
HONG KONG – Two Chinese biotech companies, Hutchison China Meditech Ltd. (Chi-Med) and Beigene Ltd., are teaming up to evaluate their therapies as combination treatments for several cancers and in different key markets.
Read More
Gold chain link engraved with "partnership"

Titan Medical, Medtronic team up on surgical robotics

June 4, 2020
By Meg Bryant
No Comments
Toronto-based Titan Medical Inc. has inked a development and license agreement with Medtronic plc, of Dublin, to advance the development of single-port robotic-assisted surgical tools. A separate agreement gives Medtronic licensing rights to certain Titan intellectual property. The arrangement aligns with Medtronic’s goal of building its robotic-assisted surgery business and gives Titan’s financials a needed shot in the arm.
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RNA illustration

Astrazeneca taps Accent in new RNA-focused cancer drug deal

June 4, 2020
By Michael Fitzhugh
No Comments
Accent Therapeutics Inc. will receive $55 million up front and as much as $1.1 billion in milestones as part of a substantial new three-molecule deal with Astrazeneca plc, which committed to exploring what Astrazeneca’s oncology chief, José Baselga, called the "compelling" field of targeting RNA-modifying proteins (RMPs) for the treatment of cancer.
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