Gilead Sciences Inc has acquired privately-held EpiTherapeutics ApS for $65 million in cash. The Denmark-based company has a library of small molecules that inhibit the epigenetic regulation of gene transcription which has uses in combating cancer.
Adaptimmune Therapeutics Plc of the UK has raised $191.3 million in an initial public offering of its shares on Nasdaq. The offer of 11.25 million American Depositary Shares (ADSs) was priced at $17 per share. Approximately 1.7 million shares have also been set aside for overallotments.
MorphoSys AG has acquired Lanthio Pharma BV of the Netherlands, a company with technology that can be used to identify peptides which are selective for a specific disease target and stabilise them for receptor binding.
Kymab Ltd of Cambridge UK has raised an additional $50 million in a Series B financing round bringing the total raised to $90 million. The new funds were provided by Woodford Patient Capital Trust Plc and Malin Corporation Plc, which itself recently raised €330 million in an initial public offering on the Irish Stock Exchange.
GW Pharmaceuticals Plc, a developer of cannabinoid medicines, has raised $179.2 million through a share offering on the Nasdaq exchange, the company’s third follow-on financing following an initial public offering of its shares in the US in May 2013.
Affimed Therapeutics AG of Germany is planning a follow-on financing of $35 million on Nasdaq to support development of its portfolio of bispecific antibodies. In September 2014 the company raised $56 million in an initial public offering of its shares.
Labco, a French diagnostics company with 160 laboratories spread over seven countries, is making an initial public offering on its shares on the Euronext Paris stock exchange and a simultaneous secondary offering.
An initial public offering of shares in the Belgium-based molecular diagnostics company, Biocartis Group NV, raised €100 million on Euronext Brussels in late April, making it one of the largest life science offerings on a European stock market this year.
Newron Pharmaceuticals SpA, which has an approved drug for Parkinson’s disease, has raised CHF 24.3 million (€23.6 million) in a private share placement to accelerate the development of its pipeline of candidate treatments for diseases of the central nervous system.
The Clinigen Group Plc, a specialty pharmaceutical company, successfully raised £135 million in late April to finance its £225 million acquisition of Idis Group Holdings Ltd, a supplier of unlicensed medicines to the hospital market.