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

Deals and M&A
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Thermo Fisher partners with First Genetics to expand NGS diagnostics in Russia

July 13, 2020
By Annette Boyle
No Comments
Thermo Fisher Scientific has joined forces with First Genetics JCS to commercialize next-generation sequencing (NGS) diagnostics in Russia. The agreement allows Moscow-based First Genetics to bring its F-Genetics NGS system and in vitro diagnostic assays for reproductive health testing to Russian labs.
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Sanofi expands protein degrader ambitions with $2.15B Kymera deal

July 13, 2020
By Michael Fitzhugh
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The industry's expanding quest for protein degraders grew a little larger on July 9 with Sanofi SA tapping Kymera Therapeutics Inc. to advance two new protein degrader programs, one of which will target IRAK4 in patients with immune-inflammatory diseases and another for an undisclosed target. Each program could yield multiple therapies.


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Fujifilm makes inroads for Avigan after tying up agreement with Dr. Reddy’s and GRA

July 10, 2020
By Gina Lee
No Comments
HONG KONG – Tokyo-headquartered Fujifilm Holdings Corp. will increase production of Avigan on the back of a partnership with India’s Dr. Reddy’s Laboratories Inc. and Dubai-based Global Response Aid, an affiliate of logistics company Agility.
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Foghorn lands $425M oncology deal with Merck

July 10, 2020
By Lee Landenberger
No Comments

Privately held Foghorn Therapeutics Inc., of Cambridge, Mass., cut a collaboration deal with Merck & Co. Inc. to discover and develop therapeutics targeting the chromatin regulatory system in oncology that could eventually bring in as much as $450 million.


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Philips, Biointellisense partner on at-home patient wearable to monitor COVID, chronic disease

July 9, 2020
By Stacy Lawrence
No Comments
Biointellisense Inc. received an FDA clearance in January for its Biosticker to monitor patient vital signs at home for as long as 30 days. It was just starting to launch, when along came the novel coronavirus. Now, the Band-Aid-sized monitor is being used to monitor COVID-19 patients at home, as well as chronic disease patients.
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HER2-fore undisclosed: Zymeworks mum on ZW-49 as Merck, BMS deals widen

July 9, 2020
By Randy Osborne
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Zymeworks Inc.’s business update – which included a new, potential $891 million deal for multispecific antibody drugs with longtime partner Merck & Co. Inc. – drew mixed reviews from Wall Street, especially with regard to phase I prospect ZW-49.
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Zai Lab to develop Turning Point drug for NSCLC in China

July 9, 2020
By David Ho
No Comments
HONG KONG – China and U.S.-based Zai Lab Ltd. has inked a deal to develop and commercialize Turning Point Therapeutics Inc.’s lead drug candidate, repotrectinib, in the greater China markets.
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Reflexion, Telix Pharmaceuticals to collaborate to treat high-risk cancers

July 8, 2020
By Liz Hollis
No Comments
Reflexion Medical Inc. appears to be on a roll. A little more than a month after unveiling a tie up with Merck & Co. Inc., it now has reported a collaboration with Telix Pharmaceuticals Ltd., a radiopharmaceutical company developing molecularly targeted radiation products.
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CD38 Special: Sanofi caught up in Kiadis, as much as $991M Fated

July 8, 2020
By Randy Osborne
No Comments
Kiadis Pharma NV’s takeover last year of Cytosen Therapeutics Inc. to get a natural killer (NK) platform paid off in a potentially huge way, with Sanofi SA paying €17.5 million (US$19.7 million) up front in a licensing deal with as much as €857.5 million more if preclinical, clinical, regulatory and commercial goals are reached, as well as up to double-digit royalties.
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Kiadis, Sanofi deal for preclinical NK programs valued up to $991M-plus

July 8, 2020
By Randy Osborne
No Comments
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