News

How the brain processes pain

Country
Germany

Pain is considered a reaction to damage to the body but recent research carried out by the Technische Universität München (TUM) shows that it is a mental phenomenon as well. TUM’s scientists have shown that during a few minutes of pain, the underlying brain activity shifts from being sensory to emotional.

IMI launches new Alzheimer’s project

Country
Belgium

The Brussels-based Innovative Medicines Initiative is launching three new projects around Alzheimer’s disease that will review current nomenclature, create a new network of patient data and test novel treatments in patients with early-stage disease.

Series B funding for Nabriva

Country
Austria

Austria-based Nabriva Therapeutics AG has secured up to $120 million in new funding to develop a class of antibiotics that target Gram-positive and Gram-negative pathogens that are resistant to current treatments. The Series B financing was led by Vivo Capital and OrbiMed.

Japan follow-through on iPS

Country
Japan

One of Japan’s biggest industrial concerns, Fujifilm Holdings Corp, has expanded further into regenerative medicine with the acquisition of Cellular Dynamics International Inc, a developer of induced pluripotent stem cells (iPS). CDI was founded by the stem-cell pioneer James Thomson.

UniQure in gene therapy deal with BMS

Country
Netherlands

UniQure NV has secured a gene therapy agreement with Bristol-Myers Squibb Company in cardiovascular disease, its first major commercial deal since winning regulatory approval in 2012 for Glybera, a gene therapy for lipoprotein lipase deficiency.

Nicox had higher 2014 sales but wider loss

Country
France

Nicox SA, a French company with late-stage and marketed ophthalmic products, reported much higher revenue for 2014. But this was nearly matched by an increase in its operating loss which was caused by a sharp build-up of the company’s sales force.

Novartis in cancer pact with Aduro Biotech

Country
Switzerland

Novartis International AG is expanding its franchise in immunotherapy with a major collaboration with Aduro Biotech Inc of California aimed at developing new therapies for  cancer.

Redx Pharma raises £15 million in UK IPO

Country
United Kingdom

Redx Pharma Plc, which specialises in developing analogues of existing pharmaceuticals, has raised £15 million in an initial public offering on the AIM market in London in order to strengthen its pipeline of oncology and infectious disease assets.