Finance, Grants, Deals

Merck Serono expands partnership with Ablynx

Country
Belgium

Merck Serono is set to pay Ablynx NV €20 million upfront as part of a new agreement to co-discover and co-develop antibody-derived therapeutic proteins against two targets in osteoarthritis. This is an expansion of an existing partnership.

Oxford BioMedica in glaucoma R&D deal

Country
United States

Oxford BioMedica Plc has entered into a research and development collaboration with the Mayo Clinic in the US to develop a gene therapy for the treatment of chronic glaucoma. It is the company’s second partnership in the area of eye disease.

Bavarian Nordic receives $25 million milestone

Country
Denmark

Bavarian Nordic A/S has announced receipt of a $25 million milestone payment from the US government in connection with the scaling up of production of its smallpox vaccine, Imvamune, for delivery to the US national strategic stockpile.

Curetis raises €9.6 million in Series A extension

Country
Germany

Curetis AG of Germany has raised €9.6 million in additional Series A funding in order to support the development and registration of its molecular diagnostic technologies for the detection of infectious disease.

Prosensa receives support for RNA modulation technology

Country
Netherlands

Prosensa BV is set to receive a credit of up to €5 million from the Dutch government, payable on the achievement of milestones, to support the development of preclinical compounds for Myotonic Dystrophy type 1 using RNA modulation technology.

Silence to collaborate on delivering microRNA therapeutics

Country
United Kingdom

Silence Therapeutics Plc has entered into an agreement with Mirna Therapeutics Inc of Austin, Texas to apply its delivery technologies to the US company’s candidate microRNA-based therapeutics for cancer. Financial details weren’t disclosed.

Syntaxin and Ipsen to collaborate

Country
United Kingdom

Syntaxin Ltd, which is a 2005 spin-out of the UK Health Protection Agency, has entered into an agreement with Ipsen SA of France to discover and develop therapies in the field of botulinum toxins in a deal potentially valued at more than $100 million.

Roche to acquire Anadys Pharmaceuticals

Country
Switzerland

The Roche group has reached an agreement to acquire Anadys Pharmaceuticals Inc for $230 million in order to expand its franchise in treatments for hepatitis C virus (HCV) infections. Anadys is located in San Diego, California.

Affiris to test Parkinson’s disease vaccine

Country
Austria

Affiris AG of Austria has received $1.5 million from the Michael J. Fox Foundation in the US to start a Phase 1 study of a new vaccine for Parkinson’s disease. The therapeutic vaccine candidate targets the protein, alpha-synuclein.

Vernalis reaches milestone in research collaboration

Country
United Kingdom

Vernalis Plc said it set to receive €0.5 million from the privately-owned French pharmaceutical company, Servier, following the achievement of a research milestone in the companies’ oncology drug discovery collaboration.