News

Protein structure displayed

Country
United Kingdom

Scientists at Heptares Therapeutics Ltd of the UK have described for the first time the structure of a domain of the G protein-coupled receptor (GPCRs) complex – membrane proteins that are involved in a broad range of biological processes and diseases. The findings were published online in Nature.

Dengue vaccine effective

Country
France

A vaccine designed to protect children in poorer nations against infection from the Dengue virus has been shown to be effective in a Phase 3 trial which was carried out over two years in five countries in the Asia-Pacific region.

FDA approves Ruconest for HAE

Country
Netherlands

Pharming Group NV of the Netherlands has received approval to market its drug for hereditary angioedema (HAE), Ruconest, in the US following approval by Food and Drug Administration. The approval comes nearly four years after the drug was authorised for marketing in Europe.

Immunocore to discover drugs with Lilly

Country
United Kingdom

Immunocore Ltd of Oxford, UK has secured another partnership with a major pharmaceutical company relating to the exploitation of its recombinant T cell receptor technology platform – this time with Eli Lilly and Company.

Immatics completes Series D funding

Country
Germany

Immatics Biotechnologies GmbH has received €22 million from its venture capital investors – the final tranche in a Series D round that will enable it to complete a Phase 3 trial of a cancer vaccine for renal cell carcinoma, a type of kidney cancer.

Roche melanoma trial reaches endpoint

Country
Switzerland

A Phase 3 trial of a new combination therapy for advanced melanoma has reached its primary endpoint of progression-free survival, the Roche Group announced. The trial was investigating Zelboraf and the experimental drug cobimetinib versus Zelboraf alone.

Shire responds favourably to new AbbVie proposal

Country
Ireland

The Board of Shire Plc has responded favourably to a revised takeover proposal from AbbVie Inc which values Shire at £53.20 per share, up from £51.15 per share earlier. The board is in detailed discussions with the US company about other terms of the proposed deal.

Salix relocates to Ireland

Country
Italy

Salix Pharmaceuticals Inc is the latest company to take advantage of low corporate tax rates in Ireland through its planned merger with the Irish subsidiary of Cosmo Pharmaceuticals SpA of Italy. The transaction is expected to close in the fourth quarter.

AAA increased sales in 2013

Country
France

Advanced Accelerator Applications SA, a French manufacturer of nuclear medicine products, increased its sales of diagnostic products in 2013 while advancing its lead radiopharmaceutical, Lutathera, for patients with neuroendocrine tumours.

Ergomed raises £11 million in UK IPO

Country
United Kingdom

A UK-based drug services company, Ergomed Plc, is to be admitted to the Alternative Investment Market of the London Stock Exchange following a fundraising of £11 million. Shares in the company are expected to start trading on 15 July.