Company News

FDA approves flu vaccine made with DNA technology

The US Food and Drug Administration has approved Flublok, the first trivalent influenza vaccine made from an insect virus expression system and recombinant DNA technology. The prophylactic vaccine has been approved for people from 18 to 49 years.

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Location

United States

Galápagos acquires UK structure-based discovery company

Galápagos NV of Belgium will be adding structure-based drug discovery to its stable of technologies with the acquisition of Cangenix Ltd, a UK start-up that was created by scientists from the former Pfizer Inc subsidiary in Sandwich UK.

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Location

Belgium

AZ and Vanderbilt collaborate on allosteric modulators

AstraZeneca Plc has entered a research collaboration with Vanderbilt University of the US to identify allosteric modulators that could be used to treat psychosis and other symptoms of Alzheimer’s disease and schizophrenia.

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Location

United States

FDA approves new indication for Kineret

Swedish Orphan Biovitrum AS (Sobi) has announced US Food and Drug Administration approval of its arthritis drug, Kineret (anakinra), for the treatment of children and adults with neonatal-onset multisystem inflammatory disease (NOMID).

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Location

Sweden

Biotec Pharmacon raises NOK 40 mln in placement

Biotech Pharmacon ASA of Norway has announced the successful placement of 9.5 million new shares with private investors thereby raising NOK 40 million (€5.45 million) in gross proceeds for product launch and development.

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Location

Norway

Shire to acquire Lotus Tissue Repair

Shire Plc has taken further steps to strengthen its franchise in rare diseases with an agreement to acquire privately-owned  Lotus Tissue Repair Inc which has a preclinical product for the treatment of dystrophic epidermolysis bullosa (DEB). Financial terms were not disclosed.

 

 

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Location

United Kingdom

ArGEN-X starts cancer study; broadens alliance with Shire

ArGEN-X BV has announced the initiation of a Phase 1b clinical study in cancer patients of a new antibody targeting CD70, a member of the tumour necrosis factor superfamily. The company also announced an expansion of its discovery alliance with Shire Plc.

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Location

Netherlands

ISA Pharmaceuticals secures €8 million

ISA Pharmaceuticals BV of the Netherlands has secured €8 million in funding from the Aglaia Oncology Fund and private investors to finance a Phase 2 study of its lead therapeutic vaccine candidate in cervical cancer. This a follow-on to an earlier Series A round.

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Location

Netherlands

Second Big Pharma deal for GlycoVaxyn

The Swiss vaccine developer, GlycoVaxyn AG, has announced its second collaboration within a month with a member of the Big Pharma fraternity – this time with Janssen Pharmaceuticals Inc (Johnson & Johnson). The latest deal follows a collaboration with GlaxoSmithKline Plc.

 

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Location

Switzerland

AZ in iPS cell deal with Cellular Dynamics

AstraZeneca Plc has entered into a research agreement with Cellular Dynamics International Inc to use the US company’s human induced pluripotent stem cell lines for drug discovery. This is the latest in a series of iPS cell initiatives to be announced since early November 2012.

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Location

United States

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