CureVac GmbH closed what will in all likelihood go down as the largest private equity round in European biotechnology this year, an €80 million (US$104.9 million) investment from dievini Hopp BioTech Holding GmbH & Co. KG, which will enable it to take forward two mRNA-based therapeutic cancer vaccines, in clinical development for prostate cancer and non-small-cell lung cancer (NSCLC).
With positive overall survival data from a Phase II trial in hand, 4SC AG aims to move its pan-histone deacetylase inhibitor (HDAC) resminostat into a pivotal Phase III trial in second-line hepatocellular carcinoma (HCC) in the first half of next year.
Karus Therapeutics Ltd. banked $7.6 million, the first tranche of a Series B round that is intended to enable the company to take its two lead programs through human proof-of-concept studies.
With two key value inflection points approaching, Biotie Therapies Oy did some advance corporate housekeeping by adding €30 million (US$38.3 million) to its coffers, to strengthen its position for any upcoming licensing negotiations.
Shares in Summit plc gained 26 percent Tuesday on news of a collaboration agreement on the company's Seglin technology with Bristol-Myers Squibb Co. (BMS) that could be worth as much as $300 million in research, development and regulatory milestones.
Shares in Summit plc gained 26 percent Tuesday on news of a collaboration agreement on the company's Seglin technology with Bristol-Myers Squibb Co. (BMS) that could be worth as much as $300 million in research, development and regulatory milestones.
Sweden is making its largest ever investment in life sciences research, in the form of a $320 million funding package that is intended to secure its future as a global location for high-quality research.
With two key value inflection points approaching, Biotie Therapies Oy did some advance corporate housekeeping by adding €30 million (US$38.3 million) to its coffers, to strengthen its position for any upcoming licensing negotiations.
Theravectys SAS raised €7.48 million (US$9.4 million) in a third funding round to support what it claims will be the world's first trial of a therapeutic HIV vaccine based on a lentiviral vector.
DUBLIN, Ireland – A greater emphasis on research collaborations between Irish academic scientists and international pharmaceutical firms and a doubling of patent licensing and spinout activities are two of the main action points in Science Foundation Ireland's newly published draft strategy document.
