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Home » Topics » Deals and M&A » Development

Development
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Model of clamped vaccine antigen

CSL, University of Queensland partner with CEPI to bring COVID-19 vaccine to the clinic

June 8, 2020
By Tamra Sami
PERTH, Australia – Aussie biotech CSL Ltd. and the University of Queensland (UQ) have entered a development agreement with the Coalition for Epidemic Preparedness Innovations (CEPI) to accelerate  development, manufacture and distribution of a COVID-19 vaccine candidate developed by the University of Queensland.
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Coronavirus test tube, microscope, gloved hand

Shanghai’s Junshi and Eli Lilly to co-develop antibodies targeting COVID-19

May 5, 2020
By Elise Mak
BEIJING – In one of the latest Sino-foreign collaborations formed to find a cure for the pandemic that has infected 3.5 million people worldwide, Shanghai-based Junshi Biosciences Co. Ltd. and Eli Lilly and Co. have disclosed an agreement to co-develop therapeutic antibodies for preventing and treating COVID-19. Under the terms, Junshi grants Lilly an exclusive license, outside of greater China, to conduct R&D, manufacture and distribute the SARS-CoV-2 JS-016 neutralizing antibodies developed by Junshi.
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Abbott partners with Tandem to advance diabetes care solutions

Oct. 16, 2019
By Meg Bryant
Abbott Laboratories and Tandem Diabetes Care Inc. said Tuesday that they plan to develop and commercialize a line of integrated diabetes products based on Abbott's glucose sending technology and Tandem's insulin delivery systems. The collaboration comes as the U.S. FDA is encouraging medical device manufacturers to consider the ability to share and use information safely and effectively in the development and design of connected devices.
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Australia's Mesoblast inks potential $1B deal with Germany's Grünenthal

Sep. 11, 2019
By Tamra Sami
PERTH, Australia – Australian cell therapy developer Mesoblast Ltd. has partnered with Germany's Grünenthal Group to develop and commercialize Mesoblast's allogeneic cell therapy candidate, MPC-06-ID, in a deal that carves out Europe, Latin America and the Caribbean.
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Sosei Heptares getting $26M up front in potential $1B GPCR deal with Genentech

July 17, 2019
By Nuala Moran
LONDON – Sosei Heptares has added Genentech Inc. to the list of partners seeking access to its G protein-coupled receptor (GPCR) expertise, signing a collaboration with a headline value of $1 billion with the Roche Group company.
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$3.95B up front + $1.1B equity: Galapagos secures its independence through Gilead R&D alliance

July 16, 2019
By Cormac Sheridan
DUBLIN – In what is a truly transformative deal for each company, Gilead Sciences Inc. and Galapagos NV are entering a 10-year research and development alliance under which Galapagos is getting $3.95 billion up front in hard cash plus another $1.1 billion in equity, in return for which Gilead will essentially have an option to ex-European rights on everything emanating from the Belgium firm's clinical and preclinical pipeline. That includes six clinical-stage programs, another 20 in preclinical research and whatever else Galapagos may bring forward – or bring in through its own business development efforts – over the term of the agreement.
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