Shares in Genmab A/S gained as much as 13 percent during trading Tuesday following the release of additional clinical data on Arzerra (ofatumumab), an anti-CD20 monoclonal antibody undergoing a Phase III trial in patients with refractory chronic lymphocytic leukemia (CLL). (BioWorld International)
The FDA again delayed its review of cephalosporin antibiotic ceftobiprole due to unresolved "data integrity issues," an unexpected setback for Swiss biotech Basilea Pharmaceutica Ltd. and co-development partner Johnson & Johnson Pharmaceutical Research & Development LLC. (BioWorld Today)
DUBLIN, Ireland – Shares in Merrion Pharmaceuticals plc (DUBLIN:MERR) surged 42 percent Monday on news that the company had secured a licensing deal with Novo Nordisk for the oral delivery of the latter company's proprietary insulin analogues. (BioWorld International)
No Abstract BioWorld Today CorrespondentGanymed Pharmaceuticals AG landed one of Europe's landmark private equity deals of 2008, a €65 million (US$82.2 million) fourth financing round that will fund preclinical and early clinical development of a broad pipeline of its cancer-specific antibody therapies in multiple oncology indications.
No Abstract BioWorld International CorrespondentGanymed Pharmaceuticals AG landed one of Europe's landmark private equity deals of 2008, a €65 million (US$82.2 million) fourth financing round that will fund preclinical and early clinical development of a broad pipeline of its cancer-specific antibody therapies in multiple oncology indications.
