Company News

Kiadis Pharma raises €5 million in private placement

Country
Netherlands

Kiadis Pharma NV of the Netherlands has raised €5 million in new funds from a private placement of its shares which will help finance a Phase 3 study of its lead cell therapy for immune reconstitution, which was submitted for review by the European Medicines Agency on 26 April.

Mouse tumours killed with mRNA technology

Country
Germany

For the first time, scientists at BioNTech AG have shown that it is possible to instruct an organism to create its own bispecific antibodies capable targeting and killing cancer. The experiment, conducted in mice, was reported in Nature Medicine on 12 June.

Swedish IPO for Bonesupport

Country
Sweden

Bonesupport Holding AB, a Swedish orthobiologics company, has announced plans to raise SEK 500 million (€51.2 million) on Nasdaq Stockholm in order to expand sales of its bioceramic bone graft substitutes that are used to treat bone infections and trauma.

FDA Advisory Committee to review CTL019

Country
United Kingdom

Novartis’ candidate chimeric antigen receptor T (CAR T) cell therapy for cancer is scheduled to be reviewed on 12 July by the US Food and Drug Administration’s Oncologic Drugs Advisory Committee, according to Oxford BioMedica Plc, which is supplying lentiviral vector for the product.

Merck KGaA options F-star bispecifics

Country
Germany

Merck KGaA has taken steps to bolster its immuno-oncology portfolio with the signing of an option and collaboration agreement with F-star Biotechnology Ltd to develop five bispecific antibody compounds. A bispecific antibody is an engineered molecule that binds to two different antigens.

Bicycle raises £40 million for peptide therapies

Country
United Kingdom

Bicycle Therapeutics Ltd has raised £40 million in a Series B financing round to bring its first peptide-based therapeutic into the clinic. The financing was led by Vertex Ventures, along with Cambridge Innovation Capital and the Longwood Fund.

New ATMP recommended for cartilage repair

Country
United Kingdom

A cartilage repair product developed by co.don AG of Germany received a positive opinion from the European Medicines Agency on 19 May, making it the ninth advanced therapy medicinal product (ATMP) to be assessed for marketing in Europe.

Heptares describes peptide hormone

Country
United Kingdom

Heptares Therapeutics has described the structure of the glucagon-like peptide-1 (GLP-1) receptor binding to a peptide agonist, giving the first visual evidence of how a class of drugs that treat Type 2 diabetes actually work. The findings were reported online in Nature on 31 May 2017.

Hookipa vaccine platform triggers response

Country
Austria

A novel vaccine platform developed by Hookipa Biotech AG has triggered an immune response in genetically engineered mice with cancer that was stronger than many conventional viral vectors. The findings were published on 26 May 2017 in Nature Communications.

Keytruda approved for multiple solid tumours

Country
United States

Merck & Co Inc’s checkpoint inhibitor Keytruda (pembrolizumab) has been approved in the US for multiple solid tumours that have a common genetic feature known as microsatellite instability-high or mismatch repair deficit.