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Home » Newsletters » BioWorld

BioWorld

Sep. 23, 2011

View Archived Issues

Altermune Gets Boost with $7M Seed Funding via Loxbridge JV

Founded based on an unusual idea for combating multiresistant pathogens, Altermune Technologies LLC is getting a business makeover, inking a joint venture deal with Loxbridge Research LLP that brings the biotech $7 million in seed funding and allows the firm's scientists to focus on advancing the technology. Read More

Complement-Blocking Strategy Against Bacterial Meningitis

LONDON – An antibody to a component of the complement cascade may have the potential to provide a new treatment for bacterial meningitis – if the company that manufactures it will release enough of it to allow large-scale trials to take place. Read More

Other News To Note

Vical Inc., of Bethesda, Md., reported animal data demonstrating synergistic improvement in efficacy using a combination of the company's Allovectin immunotherapy with an anti-CTLA-4 antibody in a melanoma animal model. Read More

Stock Movers

Read More

Clinic Roundup

Advanced Cell Technology Inc., of Marlborough, Mass., has received clearance from the UK Medicines and Healthcare products Regulatory Agency to treat patients as part of a Phase I/II trial for Stargardt's macular dystrophy (SMD) using retinal pigment epithelium (RPE) derived from human embryonic stem cells. Read More

PharmAthene Wins 50% of Profits; SIGA Plans Appeal

PharmAthene Inc. scored a stunning victory in its five-year legal battle against SIGA Technologies Inc., with the Delaware Court of Chancery awarding PharmAthene half of the net profits from SIGA's smallpox drug ST-246, subject of a government contract worth up to $2.8 billion. Read More

BMS, Ambrx String Together ReCODE Deal; $24M Up Front

Ambrx Inc. became the latest jewel in the string of pearls that Bristol-Myers Squibb Co. is assembling, landing a deal worth $24 million up front for pegylated versions of the fibroblast growth factor 21 (FGF-21) protein and the relaxin hormone. Read More

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