PolyTherics Ltd has strengthened its technology platform with the acquisition of Antitope Ltd, a provider of antibody engineering and immunogenicity screening services. It is issuing £13.5 million in new shares to finance the deal.
Cellular Dynamics International Inc, which is a producer of induced pluripotent stem cells (iPSCs), has priced its previously-announced initial public offering of shares at $12 per share. The shares will begin trading today on Nasdaq.
The ReNeuron Group Plc has secured new funding commitments of £33 million, enabling it to advance its three allogeneic stem cell programmes through Phase 2 development. The funding includes a large grant from the Welsh government.
Heptares Therapeutics Ltd has generated a stabilised form of a GPCR target under a research collaboration with Cubist Pharmaceuticals Inc enabling the start of a drug discovery programme. Cubist works in acute care and is developing antibiotics.
TiGenix NV has raised €6.5 million in a private placement of its shares to finance the continued roll-out of its cell therapy for knee injuries ChondroCelect. A total of 26 million new shares were placed via an accelerated bookbuilding procedure.
The French specialty pharmaceutical company Ipsen SA has reached an agreement to acquire Syntaxin Ltd of the UK in a deal potentially valued at €158 million, while simultaneously announcing an agreement in neurology with Harvard Medical School.
AstraZeneca Plc’s previously-announced plans to build its oncology portfolio has taken shape with the announcement of three projects: a review of technology to monitor tumour activity and work on therapies for prostate and pancreatic cancers.
Privately-held Immunocore Ltd of the UK has secured its second major licensing deal in less than a month, this time with GlaxoSmithKline Plc to discover bi-specific biological drugs against multipl
The privately-held Swiss biotechnology company OncoEthix SA has raised CHF 18 million ($19 million) from venture capitalists to progress its lead oncology compound into Phase 2 studies. The compound targets a class of bromodomain proteins.
What do age-related hearing loss and schizophrenia have in common? Not much, on the face of it. However there is growing evidence that the two disorders may have a link through the dysfunction of certain ion channels in the central nervous system. Ion channels are membrane proteins that help convert chemical or mechanical messages into electrical signals in the cell.