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28 January 2021
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Wednesday 27 January 2021

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Novartis improves profitability

Wednesday 27 January 2021
Country

Switzerland

Novartis improved its profitability in 2020 against a modest increase in sales and continuing pressure on prices and competition from generics. Sales for the year amounted to $48.7 billion, up by 3% from a year earlier. Operating income was $10.2 billion, up by 12% giving an operating margin of 20.9%. This compares favourably with a margin of 19.2% the previous year.

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Harvard spin-out gets seed funding

Tuesday 26 January 2021
Country

Switzerland

A spin-out of Harvard University in Cambridge, US, has raised seed funding of $5 million to develop a therapy for the delivery of healthy mitochondria into cells where these organelles are impaired. Cellvie Inc received the funding from an investment group led by Kizoo Technology Capital which supports start-up companies and early-stage portfolios. Founded in the US and headquartered near Zurich, Switzerland, Cellvie is developing cell-based medicines for treating mitochondria dysfunction.

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New anti-infective technology gets funding

Tuesday 26 January 2021
Country

Israel

An Israeli company which is developed new antimicrobial peptides has won €10.8 million in European Union funding to conduct early clinical studies of a product directed against infections caused by Gram-negative bacteria. Omnix Medical Ltd of Jerusalem has developed its technology by studying how insects use their innate immune systems to kill bacteria – an evolutionary mechanism that goes back millions of years.

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Anti-viral activity of plitidepsin reported in Science

Tuesday 26 January 2021
Country

Spain

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Merck drops Covid-19 vaccine candidates

Monday 25 January 2021
Country

United States

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EU presses AZ on vaccine deliveries

Monday 25 January 2021
Country

Belgium

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Faricimab is non-inferior to aflibercept

Monday 25 January 2021
Country

Switzerland

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Trial of ulcerative colitis drug stopped

Saturday 23 January 2021
Country

Australia

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Injectable drug for HIV

Saturday 23 January 2021
Country

United Kingdom

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New deal for small activating RNA technology

Friday 22 January 2021
Country

United Kingdom

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FDA approves new cardiovascular drug

Friday 22 January 2021
Country

United States

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Funding for chronic rhinitis treatment

Friday 22 January 2021
Country

Ireland

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Trial of bintrafusp alfa in lung cancer stopped early

Thursday 21 January 2021
Country

Germany

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Free Article

Partnering with the US National Cancer Institute

Partnering with the US National Cancer Institute

Latest MedNous Issue Highlights

January 2021 edition of MedNous

Technology Transfer
Partnering with the US
National Cancer Institute
By Michael Salgaller, Michele Newton
and Michael Pollack

Oncology Review
Drug development robust,
despite the pandemic
By Bruno Pagliara

The Oslo Cancer Cluster
Building biotech using an
oncology network
Interview with Jónas Einarsson

Commentary
Forbion to create, grow
biotech companies
By Sander Slootweg and 
Juliette Audet

Regenerative Medicine
Record financing year for ATMPs
By Paige Bischoff

 

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