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Home » Newsletters » BioWorld

BioWorld

May 29, 2012

View Archived Issues

Takeda Keeps Widening Global Footprint in $250M Multilab Buy

Only weeks after disclosing its goal of expanding into emerging markets in its 2012-2014 Mid-Range Plan, Takeda Pharmaceutical Co. Ltd. made a move in Brazil with the acquisition of Multilab Industria e Comercio de Produtos Farmaceuticos Ltda. for BRL500 million (US$249.9 million) up front and up to BRL40 million in future milestones. Read More

Positive Interim Review Leads to $50M Financing for Sangart

Sangart Inc. added $50 million in additional equity financing through its existing investor, Leucadia National Corp. The funding was made upon exercise of Series G preferred stock warrants held by Leucadia, and brings the total amount raised by the company to $280 million. Read More

Drugs Lead to Autoimmunity via Effects on HLA Binding

Two studies reported new insights into the origins of drug hypersensitivity. Read More

CBO: Minor PDUFA Differences Add up to Hundreds of Millions

WASHINGTON – While the differences between the House and Senate PDUFA bills are seemingly minor, they could add up to hundreds of millions of dollars. Read More

Holiday Notice

BioWorld's offices were closed Monday, May 28 in observance of the Memorial Day holiday in the U.S. Read More

Stock Movers

Read More

Clinic Roundup

• Summit Corp. plc, of Oxford, UK, dosed the first cohort of patients in a Phase I study of SMT C1100, a small-molecule utrophin up-regulator under investigation in Duchenne's muscular dystrophy (DMD). Read More

U.S. Patent Disclosures

• Galena Biopharma Inc., of Lake Oswego, Ore., received a notice of allowance for a composition-of-matter patent related to folate-binding peptide (FBP) variants, alone or combined with the FBP vaccine E39. Read More

Other News To Note

• RegeneRx Biopharmaceuticals Inc., of Rockville, Md., reported preclinical data showing thymosin beta 4 (TB4) provided both neuroprotection and neurorestoration after traumatic brain injury. A study comparing TB4 with saline administration six hours post-injury in rats significantly improved sensorimotor functional recovery and spatial learning, reduced cortical lesion volume and hippocampal cell loss, and enhanced cell proliferation and neurogenesis in the injured hippocampus. The data were published in the May 2012 edition of the Journal of Neurosurgery. Read More

Pharma: Other News To Note

• Fera Pharmaceuticals, of New York, said the firm will begin shipping methazolamide tablets June 1. The drug has been in short supply in the U.S. Read More

Pharma: Clinic Roundup

• Pfizer Inc., of New York, said the European Medicines Agency's Committee for Human Medicinal Products recommended marketing authorization for axitinib as a second-line treatment for adults with advanced renal cell carcinoma. Read More

Bench Press

Scientists at SUNY Buffalo have looked at the safety of quantum dots – nanotechnology crystals made up partly of heavy metals such as cadmium and selenium that are being tested for diagnostic purposes as well as light-activated therapies – in a long-term study in primates, and found both good and bad news. Read More

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