Company News

Smith & Nephew buys wound-care business

Country
United Kingdom

Smith & Nephew Plc of the UK has moved to strengthen its position in wound care with the acquisition for $782 million in cash of most of the assets of privately-held Healthpoint Biotherapeutics of Fort Worth, Texas, US. The acquisition was announced on 28 November 2012.

MorphoSys in alliance with Lanthio Pharma

Country
Germany

MorphoSys AG has negotiated rights to exclusively license new peptide technology from privately-owned Lanthio Pharma BV in the Netherlands. MorphoSys will also make an equity investment in Lanthio as part of a Series A round. Figures weren’t disclosed.

TxCell gets funding for cell therapy

Country
France

TxCell SA of France, which is developing cell-based immunotherapies for chronic inflammatory diseases, has raised €12.4 million from existing shareholders and a new investor to finance a proof-of-concept study of its lead product for Crohn’s disease.

Pharming receives $10 million milestone

Country
Netherlands

Pharming Group NV has received a $10 million milestone payment from its partner Santarus Inc following the successful Phase 3 trial of Ruconest, its lead drug for hereditary angioedema (HAE). The trial result was reported on 7 November.

CureVac vaccines said to protect against flu

Country
Germany

A new vaccine technology based on messenger RNA is reported to be effective in animals with influenza A. Data from the studies has been published online in Nature Biotechnology. The vaccines were developed by CureVac GmbH.

Phase 3 trial to start for cell therapy for heart disease

Country
Belgium

The Belgian drug regulator has approved the start of a Phase 3 trial of an autologous cell therapy for patients with chronic heart failure – understood to be the first such trial ever. The therapy was developed by Cardio3 BioSciences SA and the US Mayo Clinic.

Medivir gives update on simeprevir

Country
Sweden

Medivir AB of Sweden expects to start a Phase 2 study early next year of a new combination treatment for hepatitis C, as part of its ongoing efforts to build a franchise around its protease inhibitor, simeprevir (TMC435).

Algeta, Ablynx to evaluate conjugation technology

Country
Belgium

Ablynx NV of Belgium and Algeta ASA of Norway have announced plans to investigate synergies between their technologies to find out whether there is scope to develop new therapies for cancer.

FDA approves flu vaccine produced in cell culture

Country
United States

The US Food and Drug Administration has approved a new seasonal influenza vaccine from Novartis – the first vaccine of its kind to be produced using cultured animal cells instead of fertilized chicken eggs.