Company News

GSK poised to start trial of Ebola vaccine

Country
United Kingdom

GlaxoSmithKline Plc said a Phase 3 trial of its candidate vaccine against the Ebola virus is set to start in Liberia in the coming weeks, subject to regulatory approval. The trial is being led by the US National Institutes of Health, which is a co-developer of the vaccine.

New UK oncology company launched

Country
United Kingdom

Autolus Ltd, an oncology spin-out from University College (UCL) London, has raised £30 million in a Series A financing from Syncona LLP in order to develop a new generation of engineered T cell therapies. The funding, which is significant for a start-up, reflects the expectations of the founders that the new T cell technology will revolutionise the treatment of cancer. Besides Syncona, the other founder is UCL Business Plc, the technology transfer arm of UCL.

Bone Therapeutics in IPO on Euronext

Country
Belgium

Belgium-based Bone Therapeutics SA has announced an initial public offering of its shares on the Euronext exchange in Brussels and Paris with the intention of raising up to €28.9 million to support two pivotal studies of its lead product for the repair of bone fracture.

FDA approves Novartis psoriasis drug

Country
United States

The US Food and Drug Administration has approved a new antibody drug, Cosentyx (secukinumab) that targets interleukin-17A, for the treatment of psoriasis, an autoimmune disorder affecting people as young as 15 years of age. Novartis is the developer.

NovaBiotics gets money for anti-infectives

Country
United Kingdom

NovaBiotics Ltd of Aberdeen, UK has raised £5 million through a private share placement with the Oxford-based Woodford Investment Management LLP in order to support the development of antifungal and antibacterial treatments for respectively nail infections and cystic fibrosis.

Roche invests in neuromuscular asset

Country
Switzerland

Roche has reached agreement to acquire Trophos SA, a small French company with a clinical-stage product for the treatment of spinal muscular atrophy (SMA), a rare, genetic neuromuscular disease that is usually diagnosed in children.The same drug is being tested in multiple sclerosis.

Roche acquires early-stage antibiotic

Country
Switzerland

Roche has acquired rights to an early-stage beta-lactamase inhibitor for use in combination with new or existing antibiotics to treat infections resistant to current drugs. In 2013, Roche in-licensed another asset that targets multi-drug resistant pathogens.

FDA approves device to treat obesity

Country
United States

The Food and Drug Administration has approved an electrical implant for the treatment of obesity that is intended to help adults lose weight by regulating a nerve pathway between the stomach and the brain that controls appetite.

Outcomes study supports Brilinta - AZ

Country
United Kingdom

AstraZeneca Plc said that an outcomes study of its cardiovascular drug Brilinta (ticagrelor) has shown the treatment to be effective in preventing a recurrence of disease in patients with a history of heart attack. The trial examined the drug at two different doses with aspirin in 21,000 patients.