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BioWorld - Saturday, March 6, 2021
Home » Topics » Deals and M&A

Deals and M&A
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With dual-regional advantages, Brii bringing U.S. Qpex's antibiotics to China market

Oct. 28, 2019
By Elise Mak
No Comments
BEIJING – Sino-U.S. infectious diseases specialist Brii Biosciences Inc., with U.S. offices in Durham, N.C., and San Francisco, and China offices in Beijing and Shanghai, is bringing to greater China three investigational products from anti-infective therapy developer Qpex Biopharma Inc., of San Diego, to treat various multidrug-resistant gram-negative infections.
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Multi-Latin Grupo Biotoscana acquired in 'transformational' deal for Knight Therapeutics

Oct. 25, 2019
By Sergio Held
No Comments
BOGOTA, Colombia – Looking to dig deeper into its rest-of-the-world market operations, Canadian firm Knight Therapeutics Inc. acquired Latin America's largest biotech company, Biotoscana Investments SA.
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Qurient inks joint venture with Max Planck Society and Lead Discovery Center in Germany

Oct. 25, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korean biotech company Qurient Co. Ltd. has inked a joint venture (JV) foundation deal involving German companies Max Planck Society (MPG), of Munich, and Lead Discovery Center GmbH (LDC) in Dortmund, as well as the 1988 Nobel laureate and biochemist Robert Huber.
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GC Pharma, Vaxess partner on global commercialization of flu vaccine patch

Oct. 25, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korea's major pharmaceutical company GC Pharma Corp., based in Yong-in, Gyeonggi-do, and the Cambridge, Mass.-based U.S. biotech Vaxess Technologies Inc., have partnered to globally commercialize a flu vaccine patch based on Vaxess' Mimix Smart Release Patch technology. The patch is designed to deliver medicines and vaccines through silk microneedles that dissolve at a precise rate.
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GC Pharma, Vaxess partner on global commercialization of flu vaccine patch

Oct. 24, 2019
By Jihyun Kim
No Comments
HONG KONG – South Korea's major pharmaceutical company GC Pharma Corp., based in Yong-in, Gyeonggi-do, and the Cambridge, Mass.-based U.S. biotech Vaxess Technologies Inc., have partnered to globally commercialize a flu vaccine patch based on Vaxess' Mimix Smart Release Patch technology. The patch is designed to deliver medicines and vaccines through silk microneedles that dissolve at a precise rate.
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Fibrogen doses first patient in phase III pancreatic cancer study

Oct. 24, 2019
By Lee Landenberger
No Comments
Building on the positive phase II results reported in June 2018 for pamrevlumab to treat pancreatic cancer, the first dose has been administered in Fibrogen Inc.'s phase III study in patients with unresectable locally advanced pancreatic cancer.
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Come, Pliant: NASH's call obeyed by Novartis, $80M payout for integrin player

Oct. 24, 2019
By Randy Osborne
No Comments
South San Francisco-based Pliant Therapeutics Inc. CEO Bernard Coulie told BioWorld that Novartis AG was drawn to the $80 million deal in nonalcoholic steatohepatitis (NASH) because other firms working in the integrin space "are very much focused on early stages of the disease, with what we call a metabolic approach. We are addressing with our compound, which is a pure antifibrotic, the late stage of the disease, [categorized as] F3 and F4, where most of the liver is already gone. We think that the real market will be there, because that's where health care costs go up" and where patients facing an increased mortality rate "need proper treatment rather than changing their lifestyle" while using something milder.
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Gtx Medical, Neurorecovery merger focused on moving the needle on spinal cord injury

Oct. 24, 2019
By Meg Bryant
No Comments
Spinal cord stimulation company Gtx Medical BV, of Eindhoven, Netherlands, is merging with San Juan Capistrano, Calif.-based Neurorecovery Technologies Inc. in a move aimed at accelerating access to new therapies for spinal cord injury on both sides of the Atlantic. The combined company, which will be known as Gtx Medical BV, is developing both implantable and transcutaneous technologies for people living with paralysis. Financial terms of the deal were not disclosed.
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Zealand Pharma fishes Encycle from bargain bin in $80M back-loaded deal

Oct. 23, 2019
By Cormac Sheridan
No Comments
DUBLIN – Zealand Pharma A/S has up to now generated its pipeline of peptide drugs internally, but it has gone hunting in biotech's bargain bin to find its first externally sourced asset.
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Bavarian Nordic buying two GSK vaccines in $889M deal, moving closer to profitability

Oct. 22, 2019
By Cormac Sheridan
No Comments
DUBLIN – Fresh from the recent FDA approval of its smallpox and monkeypox vaccine, Jynneos (smallpox and monkeypox vaccine, live, nonreplicating), Bavarian Nordic A/S has struck a deal with Glaxosmithkline plc to take on ownership of two commercial vaccines, for rabies and tick-borne encephalitis (TBE), in return for €301 million (US$336 million) up front and up to €495 million in milestones. The two products are forecast to attain combined revenues of €175 million this year.
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