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BioWorld - Monday, July 27, 2026
Home » Topics » Regions » Europe

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Théa ends deal with Olix, returns rights of ocular drugs

June 25, 2024
By Marian (YoonJee) Chu
France’s Théa Open Innovation, a subsidiary of Laboratoires Théa SAS, terminated its licensing agreement with South Korea’s Olix Pharmaceuticals Inc., and returned global rights of Olix’s ocular small interfering RNA (siRNA) biologic agents, OLX-301D and OLX-301A.
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Patients-training-with-CUREosity-device-25june24.jpg

Cureosity raises €3.8M to expand use of virtual reality therapy

June 25, 2024
By Shani Alexander
Cureosity GmbH has raised €3.8 million (US$4.1 million) in growth financing to expand the use of its virtual reality therapy which promotes the sensorimotor and cognitive rehabilitation in patients who have suffered a stroke or with neurodegenerative diseases. The funding came from existing and new investors including Techvision Fonds and Nomainvest, a Belgian family office.
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Théa ends deal with Olix, returns rights of ocular drugs

June 24, 2024
By Marian (YoonJee) Chu
France’s Théa Open Innovation, a subsidiary of Laboratoires Théa SAS, terminated its licensing agreement with South Korea’s Olix Pharmaceuticals Inc., and returned global rights of Olix’s ocular small interfering RNA (siRNA) biologic agents, OLX-301D and OLX-301A.
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Elderly woman holding illustration of brain with missing puzzle piece

AI-developed blood test can predict Parkinson’s seven years early

June 24, 2024
By Shani Alexander
A team of researchers have developed a blood test which uses artificial intelligence to predict Parkinson’s disease in patients up to seven years before symptoms appear. The test, based on the identification of eight biomarkers in the blood, will be able to identify patients who can be treated earlier with therapies to slow down the progression of the disease or even prevent it from occurring.
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Newco news

Yellowstone emerges with new T-cell receptor approach in AML

June 21, 2024
By Nuala Moran
Newco Yellowstone Biosciences Ltd. has been formed to develop soluble bispecific T-cell receptors against a novel class of tumor-specific antigens it has discovered in leukemia patients who were cured by a donor stem cell transplant. The company has proprietary access to a biobank of over 10,000 samples from more than 3,000 acute myeloid leukemia (AML) patients. A small number of these patients were cured by an allogeneic bone marrow transplant, whilst unusually, having no sign of graft-vs.-host disease.
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auditory nerve implant
Patents

Auditory nerve implant device to restore hearing for the deaf

June 21, 2024
By Simon Kerton
Scientists spread across Europe and the U.S. filed for protection of an implantable electrode array including a plurality of microneedles, which may be implanted into the auditory nerve bundle and stimulate the auditory nerve in response to receiving electrical signals representative of observed sounds.
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Syncona shifts investment strategy, stays ‘resilient,’ says CEO

June 20, 2024
By Nuala Moran
Quoted biotech investor Syncona Ltd. is still struggling with the fallout from one of the worst bear markets on record, reporting its net asset value fell from £1.25 billion (US$1.58 billion) to £1.24 billion in its 2023-24 financial results on June 20. That is despite a restructuring toward more mature companies, with 70% of the portfolio now invested in clinical-stage assets.
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3D Euro symbol

Ionctura aiming to reopen PI3K-delta space, adds €80M in series B

June 20, 2024
By Nuala Moran
Ionctura SA closed a €80 million (US$86 million) series B round as it prepares to accelerate development of lead asset roginolisib in the treatment of uveal melanoma. That follows publication of phase Ib data showing roginolisib, an orally available allosteric modulator of the delta isoform of PI3K (phosphatidylinositol-4,5-bisphosphate kinase), is distinguished from other drugs in this class, in being well-tolerated over long periods, with patients having been treated for up to 38 months.
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!insulet dexcom CGM
ADA 2024

Dexcom, Insulet expand device access ahead of ADA meeting

June 20, 2024
By Annette Boyle
Dexcom Inc. and Insulet Corp. both reported introductions of their products into new countries on the eve of the 2024 American Diabetes Association annual meeting in Orlando, Fla. The two firms also announced the U.S. launch of Insulet’s Omnipod 5 tubeless automated insulin delivery system with connectivity to Dexcom’s G7, the company’s latest generation continuous glucose monitor.
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Boston Scientific Vercise Genus system-

Parkinson’s DBS treatment vastly underutilized in the UK

June 19, 2024
By Shani Alexander
As new treatment options are being continually investigated and trialed against Parkinson’s disease, the possibilities offered by deep brain stimulation (DBS) risk being overlooked. Though not a cure, the therapy could vastly improve the quality of life for patients with the disease.
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