Sanofi SA and Evotec AG are in negotiations for a collaboration under which Evotec would assume much of Sanofi’s drug discovery operations, including the management of the French company's global screening compound library in Toulouse.
Switzerland-based GeNeuro SA and Les Laboratoires Servier SAS of France have formed a partnership to develop an antibody that targets a protein expressed in the brain lesions of patients with multiple sclerosis thereby addressing a causal factor of the disease.
Ascendis Pharma A/S, a Denmark-based specialty pharmaceutical company with new prodrug technology, has raised $60 million from a syndicate co-led by US-based Sofinnova Ventures.
BioMarin Pharmaceutical Inc of California has made an agreed bid to buy Prosensa Holding NV of the Netherlands for $680 million in cash.
London-based Cell Medica Ltd has raised £50 million from institutional investors to support development of its lead oncology product, CMD-003, for the treatment of patients with advanced lymphomas associated with the Epstein Barr virus.
Promethera Biosciences SA, a Belgian company developing cell-based treatments for in-born errors of metabolism and acquired liver disease, has raised €20.3 million in a Series C venture capital round and €5 million in loans and subsidies from the regional government of Wallonia.
The chief executive of H. Lundbeck A/S, Ulf Wiinberg, has resigned following a breach of the company’s code of conduct for failing to seek approval from the board for his receipt of shares in the biotech company Stratified Medical Ltd from the company’s founder.
Scientists at the Wellcome Trust Sanger Institute in Cambridge, UK have sequenced the genome of a very rare tapeworm that went undetected for four years in a UK patient’s brain.
Staphylococcus aureus, a bacteria that is an important cause of skin and soft tissue infections, may undermine the skin’s immune defenses and actually aggravate a skin condition known as neurodermatitis, according to findings by Technische Universität Mϋnchen and the University of Tϋbingen.
Scientists at the Technische Universität Mϋnchen have found that targeting the Malt1 protease as a way of treating lymphoma could do as much harm as good.