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Malin to invest up to €30 Million in Poseida Therapeutics
Thursday, December 17, 2015Malin the Irishbased company set up by a number of former Elan executives to invest in privately held life science assets is to take a per cent stake in Poseida Therapeutics in a deal worth up to million Poseida is a USbased privatelyheld human th...
Mike Lynch-backed data medicine firm raises $15 million
Wednesday, December 16, 2015Sophia Genetics a datadriven medicine company backed by British entrepreneur Mike Lynch has raised million of new funding from investors including Omega Pharma founder Marc Coucke to grow its genetic analysis platform Based in Switzerland the compa...
French drug developer Pharnext to take rare approach to pricing
Wednesday, December 16, 2015A privately held French drug developer is taking a rare approach to pricing its drug intended to treat a rare disease Pharnext SAS whose drug is the only treatment in a latestage trial for treating a rare inherited disorder called CharcotMarieTooth...
Kitov Pharma's arthritis drug meets main goal in late-stage study
Wednesday, December 16, 2015Kitov Pharmaceuticals Holdings Ltd said on Tuesday its lead drug met the main goal of a latestage study reducing pain without increasing the risk of heart diseases in patients with a type of arthritis The companys USlisted shares were up percent at...
Sanofi plans to reshape via $20 billion asset swap with Boehringer
Wednesday, December 16, 2015Sanofi and Boehringer Ingelheim are in exclusive talks over a billion swap of the French pharmaceuticals companys animal health business for the familyowned German groups consumer health operation The deal would consist of an exchange of Sanofis Me...
Atara Biotherapeutics stops development of kidney drug
Tuesday, December 15, 2015Atara Biotherapeutics Inc said it would stop developing its kidney drug after the treatment failed to meet the main goal of a midstage study The drug developer said on Monday that the drug PINTA did not improve physical function levels of inflammat...
Midatech Pharma signs supply agreement with Turkey's Centurion Pharma
Tuesday, December 15, 2015Midatech Pharma the specialty pharmaceutical company focused on the development and commercialisation of multiple therapeutic products today announces that the Company has entered into a supply agreement for QOctreotide with Centurion Pharma Centurio...
Amgen reacquires rights to three drugs from Glaxo in 48 countries
Tuesday, December 15, 2015Amgen Inc on Monday said it had reached a deal with British drugmaker GlaxoSmithKline to reacquire the sales rights to three of its products in countries including Australia as well as markets in Asia South America and Europe The three Amgen drugs...
Sun Pharma sells Bryan (Ohio) manufacturing unit to Nostrum Laboratories
Tuesday, December 15, 2015Sun Pharmaceutical Industries Ltd announced that as a part of its manufacturing consolidation in the US one of its wholly owned subsidiaries has entered into an agreement with Nostrum Laboratories Inc Nostrum for the divestment of the Bryan Ohio unit...
AstraZeneca in talks to buy Cancer Drug Developer Acerta Pharma
Monday, December 14, 2015AstraZeneca PLC is in advanced talks to pay more than billion for littleknown biotech company Acerta Pharma BV and its promising cancer compound according to people familiar with the matter in the UK drugmakers latest effort to rebuild its pipeline...
