Verona Pharma Plc, which is developing therapeutics for respiratory diseases, has filed registration documents for a public offering of its American Depositary Shares (ADSs) on Nasdaq in New York. UK-based Verona is already listed on the AIM market in London.
The privately-owned Belgian drug developer Ogeda SA is to be acquired by Astellas Pharma Inc of Japan in a deal potentially valued at €800 million. Ogeda is developing products for women’s health that target G-protein coupled receptors (GPCRs).
The opportunities for commercialising cell and gene therapies appeared relatively bright as the first quarter drew to a close, helped by new finance and the prospective approval of the first cancer products made from engineered T cells.
Mereo BioPharma Group Plc has announced a private share placement intended to raise £15 million to support development of a treatment for osteogenesis imperfecta, a genetic disorder characterised by bones that break easily.
The Norwegian oncology developer BerGenBio ASA is making an initial public offering of its shares on the Oslo Stock Exchange in order to support development of a Phase 2 compound targeting three cancer indications.
Adaptimmune Therapeutics Plc has raised $61.8 million, net of expenses, in a public offering of its American Depositary Shares (ADSs) to advance its T cell receptor products for cancer.
Cell Medica Ltd has closed a £60 million Series C financing round to support its cell therapy platforms. The financing was announced not long after the company received a fast track designation from the US Food and Drug Administration for its lead oncology product baltaleucel-T.
One of the biggest European Series A financings so far this year has been arranged by venture capitalists for a new company with technology to treat patients with lung transplants who are at risk of dying because of a condition known as bronchiolitis obliterans syndrome (BOS).
A research collaboration dating from 2015 has yielded a licensing agreement for Argenx NV of Belgium. The deal involves an antibody targeted ApoC3, a protein involved in dyslipidemia, a disorder caused by an abnormal amount of lipids in the blood.
Congenica Ltd has raised £8 million in a Series B financing round to support the expanded marketing of its technology for analysing genome-scale DNA data. Known as Sapientia, the platform produces diagnostic reports that can be linked to symptoms patients show for genetic diseases.