Faron Pharmaceuticals Oy of Finland has announced its intention to float on the AIM market in London in order to raise money for a Phase 3 trial of its agent for acute respiratory distress syndrome Traumakine, a recombinant human interferon beta-1a.
Netherlands-based Forbion Capital Partners has announced the closing of a new €75 million fund which will enable its existing limited partners to invest in up to six portfolio companies as part of a final financing round before an exit.
The UK-based antiviral drug discovery company ReViral Ltd has raised $21 million in a Series A funding round to support development of a new treatment for infections caused by the respiratory syncytial virus (RSV) that affects infants and older adults.
Laboratoris Sanifit SL, which is developing products for calcification disorders, has raised €36.6 million in a Series C financing from venture capitalists to advance its lead product to protect against the risk of cardiovascular events associated with haemodialysis.
Shield Therapeutics, a UK-based specialty pharmaceutical company, plans to raise up to £110 million in an initial public offering of its shares on the London Stock Exchange to support the development of two late-stage products for the hospital market.
The US Food and Drug Administration has extended the approved indication for the blood-thinning drug Brilinta (ticagrelor) to include the long-term use in patients with a history of heart failure. The approval was announced on 3 September.
Repatha (evolocumab), a new drug for lowering cholesterol in patients with cardiovascular disease or familial hypercholesterolemia, has been approved by the Food and Drug Administration. Developed by Amgen, the drug received a positive opinion from the European Medicines Agency in May.
Germany-based Immatics Biotechnologies GmbH has launched a subsidiary in the US with the support of the MD Anderson Cancer Center in order to develop adoptive cellular therapies for the treatment of a range of cancers.
Merus BV of the Netherlands has entered into an agreement with investors to sell up to €72.8 million in Series C preferred shares to support the development of its bispecific antibody therapeutics which are based on the company’s own transgenic mouse technology.
Valeant Pharmaceuticals International Inc has announced plans to acquire Sprout Pharmaceuticals Inc - just two days after Sprout received US regulatory approval to launch a new drug for low sexual desire in premenopausal women.