One day after disclosing a 2-for-1 stock split, Gilead Sciences Inc. surprised the biotech world with a deal to acquire Canadian firm YM BioSciences Inc. in a transaction Gilead valued at $510 million.
The University of Texas MD Anderson Cancer Center has emerged as one of the hot spots in the U.S. for cancer research, and GlaxoSmithKline (GSK) plc pounced on that potential with a research collaboration and license agreement for cancer immunotherapeutic antibodies that is structured more like a standard biotech deal.
Privately held Naurex Inc. posted impressive Phase IIa results for lead antidepressant compound, GLYX-13, a partial agonist of the N-Methyl-D-Aspartate (NMDA) receptor, showing statistically significant reductions in depression scores in patients who had failed treatment with one or more antidepressant agents.
It’s that time of year, when some thoughts turn to sugar plum fairies and others to the J.P. Morgan Healthcare Conference – or JPM#13 as it’s now widely known. Before you pop the cork on another New Year, however, it’s time to pick a present for everyone on your holiday list. For your shopping pleasure, BioWorld’s annual gift guide, now in its sixth year, has just the items you’ve been seeking – even for the most finicky friends. The Biotech Exec The first gift suggestions are likely the most popular and practical for your favorite biotech exec. The iPad Mini...
The third spin-off from the entrepreneurship partnership program (EPP) launched in April by Merck KGaA biopharmaceutical division Merck Serono SA in conjunction with the closure of its Geneva headquarters, Asceneuron SA is focusing on one of biotech's most elusive targets: Alzheimer's disease (AD).
Privately held Zafgen Inc. secured a hefty Series D equity raise of $21 million, which will move obesity candidate beloranib (ZGN-440) beyond the Phase IIa trial that was initiated last month.
"Hoping against hope" the Supreme Court is simply signaling a need to provide greater guidance to the Federal Circuit is one way to view the high court's decision to grant cert in Association for Molecular Pathology v. Myriad Genetics Inc., according to Kevin E. Noonan, a partner in the Chicago office of McDonnell Boehnen Hulbert & Berghoff LLP.
The third spin-off from the entrepreneurship partnership program (EPP) launched in April by Merck KGaA biopharmaceutical division Merck Serono SA in conjunction with the closure of its Geneva headquarters, Asceneuron SA is focusing on one of biotech's most elusive targets: Alzheimer's disease (AD).
At Friday's conference session, the Supreme Court will consider for the second time whether to grant cert to Association for Molecular Pathology v. Myriad Genetics Inc., a challenge to the Salt Lake City-based company's claims on the BRCA1 and BRCA2 genes used in diagnostics for breast and ovarian cancers. The court's decision on whether to hear the case is expected Monday.
Nanomedicine specialist Selecta Biosciences Inc., which has moved with rapid-fire speed over the past two years, landed a potential $900 million deal with Sanofi SA to discover targeted, antigen-specific immunotherapies for food allergies.
