Shares in Transgene SA dropped 13 percent Wednesday on news that the oncolytic immunotherapy Pexa-Vec (JX-594, pexastimogene devacirepvec) failed to attain the primary endpoint of overall survival in a Phase IIb trial in 80 patients with advanced liver cancer.
MUNICH, Germany – Shares in Wilex AG gained as much as 12 percent Monday on news that its subsidiary, Heidelberg Pharma GmbH, entered a research collaboration and option agreement with Roche Holding AG, based on its preclinical antibody-drug conjugate (ADC) technology.
Merck Serono SA spinout Obseva SA hit the ground running with a CHF32 million (US$34.7 million) Series A financing led by Sofinnova Partners and co-led by Sofinnova Ventures and Novo A/S.
MUNICH and HEIDELBERG, Germany – Biotech’s summer of love has been an overwhelmingly American affair. The flood of U.S. initial public offerings (IPOs) completed in 2013 – by the end of August, 26 companies had raised $1.84 billion – threatens to further widen the already large gulf between the U.S. and European biopharma sectors.
MUNICH, Germany – Shares in Wilex AG gained as much as 12 percent Monday on news that its subsidiary, Heidelberg Pharma GmbH, entered a research collaboration and option agreement with Roche Holding AG, based on its preclinical antibody-drug conjugate (ADC) technology.
Zealand Pharma A/S added Eli Lilly and Co. to its roster of big pharma diabetes partners, entering a research collaboration with the Indianapolis-based firm that could eventually lead to a novel, first-in-class therapy.
MUNICH and HEIDELBERG, Germany – Biotech’s summer of love has been an overwhelmingly American affair. The flood of U.S. initial public offerings (IPOs) completed in 2013 – by the end of August, 26 companies had raised $1.84 billion – threatens to further widen the already large gulf between the U.S. and European biopharma sectors.
Zealand Pharma A/S added Eli Lilly and Co. to its roster of big pharma diabetes partners, entering a research collaboration with the Indianapolis-based firm that could eventually lead to a novel, first-in-class therapy.
The controversial theory that infection with Mycobacterium avium subspecies paratuberculosis (MAP) is a causative agent in Crohn's disease is about to receive its biggest test yet, as Redhill Biopharma Ltd. initiates a Phase III program involving RHB-104, an antibiotic treatment, in some 600 patients.
