News

Bayer to acquire BlueRock Therapeutics

Country
Germany

Bayer AG is to take full ownership of BlueRock Therapeutics LP, a regenerative medicines company that is developing engineered cell therapies in the fields of neurology, cardiology and immunology. Bayer, together with Versant Ventures, launched BlueRock in 2016 at a time of heightened interest in cell based therapies.

GSK shifts vaccines to a non-profit

Country
United Kingdom

GlaxoSmithKline Plc has shifted three candidate vaccines targeting filoviruses to the US non-profit organisation, the Sabin Vaccine Institute, as it restructurings its portfolio to put a bigger emphasis on oncology, HIV and respiratory diseases. The products are prophylactic vaccines to prevent infection from the Ebola Zaire, Ebola Sudan and Marburg viruses. They entered GSK’s portfolio when the UK company acquired Okairos AG in 2013.

MorphoSys prepares for regulatory filings

MorphoSys AG is planning a regulatory filing in Europe for its first wholly-owned antibody therapeutic for cancer, tafasitamab, in addition to completing a rolling submission for the same drug with the US Food and Drug Admission. The plans for a marketing authorisation application to the European Medicines Agency were disclosed with the release of the company’s second quarter results and represent an acceleration of the commercialisation plans for tafasitamab, a treatment for refractory diffuse large B cell lymphoma.

Candidate antibiotic successfully treats skin infections

Country
Switzerland

A candidate antibiotic designed to treat patients with serious infections passed the first of two Phase 3 hurdles after patients with acute bacterial skin and skin structure infections responded to treatment. The drug, ceftobiprole medocaril, is being studied in patients with acute bacterial skin and skin structure infections as well as in Staphylococcus aureus bloodstream infections. It is being developed by Basilea Pharmaceutica Ltd of Switzerland.

Verona reports positive results for dry powder ensifentrine

Country
United Kingdom

Verona Pharma Plc has reported positive Phase 2 results for a dry powder inhaler formulation of ensifentrine, its candidate product for chronic obstructive pulmonary disease (COPD). Ensifentrine is a dual inhibitor of the intracellular enzymes phosphodiesterase 3 and 4 for moderate to severe COPD. It has been shown to act as both a bronchodilator and an anti-inflammatory agent.

Sosei Heptares and Takeda to work on GI diseases

Country
United Kingdom

Less than a month after entering a collaboration with Genentech, Sosei Heptares has concluded a new G protein-coupled receptor (GPCR)-directed partnership with Takeda Pharmaceutical Company Ltd. The companies said they will initially discover targets for new gastrointestinal medicines, but this could expand to other therapeutic areas in the future.

Takeda already has a discovery collaboration with Sosei Heptares in the gastrointestinal area.

Roche reports positive results for Tecentriq

Country
Switzerland

Roche said that its checkpoint antibody Tecentriq (atezolizumab) plus chemotherapy has shown positive results in a Phase 3 study of patients with previously untreated metastatic urothelial carcinoma compared with chemotherapy alone. The study, IMvigor130, is said to be the first positive outcome of an immunotherapy combination in this patient population.

Transgene stops study in liver cancer

Country
France

France-based Transgene SA and its South Korean partner SillaJen Inc have stopped a Phase 3 study of the candidate oncolytic virus therapy Pexa-Vec for liver cancer early because it was considered unlikely to meet its primary endpoint of overall survival. There were no reported safety concerns, the companies said.

Wellington Partners raises €210 million

Country
Germany

Germany-based Wellington Partners has closed its fifth life sciences fund with a capital raise of €210 million for investments in companies developing medicines, devices, diagnostics and digital technologies. The new fund will primarily target opportunities in Europe.

It expects to invest in approximately 15 to 20 companies with a particular focus on German-speaking geographies. It will however also consider opportunities in North America and Asia.

Alizé Pharma 3 raises €67 million for peptides

Country
France

The French company, Alizé Pharma 3, has raised €67 million in a Series A financing round to advance two preclinical products for rare endocrine and metabolic diseases into clinical development. The funding round was led by Life Sciences Partners of the Netherlands and included Novo Ventures, Kurma Partners, Orbimed, Pontifax, Partners Innovation Fund and Innobio 2, which is managed by Bpifrance.

The existing shareholders, Sham Innovation Santé/Turenne Capital, Crédit Agricole Création and TAB Consulting also participated in the round.