Alvogen Pharma U.S., of Pinebrook, N.J., agreed in December 2013 to become the majority shareholder in Lotus Pharmaceutical Co. Ltd., of Taipei, through a private placement of newly issued shares, acquiring up to 151 million shares in the company. Read More
Biothera Inc., of Eagan, Minn., reported the results of its Phase II trial evaluating the effectiveness of Imprime PGG in combination with Erbitux (cetuximab), carboplatin and paclitaxel compared with the monoclonal antibody and chemotherapies alone in previously untreated patients with advanced non-small-cell lung cancer. Read More
Plandai Biotechnology Inc., of Seattle, said it entered a deal with cannabis grower Diego Pellicer Inc. and Diego Pellicer Worldwide Inc., to permit the company to use the Diego Pellicer name for its Phytofare cannabis extracts in medical and pharmaceutical marijuana applications. Read More
Bio-Path Holdings Inc., of Houston, said it is raising about $10 million in a registered direct offering at a price of $3 per unit, with each unit consisting of one share of common stock and a warrant to purchase one half of a share. Read More
SAN FRANCISCO – On the first morning of the 32nd Annual J.P. Morgan (JPM) Healthcare Conference, Carol Gallagher, unlike almost everyone else in JPM’s orbit, seemed calm, quiet and reflective. Read More
Two unconnected drug discovery initiatives unveiled on Wednesday provide further evidence of Germany’s ongoing strengths in the chemical and biological disciplines underpinning modern drug discovery, notwithstanding an ongoing lack of confidence in the area on the part of the country’s investors. Read More
LONDON – After a year of spreading the word and working to convince people of the attractions of its finance and risk-sharing model, Avillion Group Partners LLP has signed up Pfizer Inc. as the first partner for its Phase III co-development scheme. Read More
SAN FRANCISCO – Months after its initial public offering (IPO), Intrexon Corp. inked a string of exclusive channel collaborations (ECC) with biotechs of different shapes and sizes. Read More
