News

New class of antibiotics may subdue MRSA

Research published in the journal, Science, and financially supported by the Wellcome Trust, describes how a new class of antibiotics could be developed to treat multi-drug resistant Staphylococcus aureus (MRSA).

Alizyme to receive $3 million milestone from Takeda

Takeda Pharmaceutical Company Ltd has decided to start a Phase 3 study in Japan of a new gastrointestinal lipase inhibitor for obesity, cetilistat, which will trigger a $3 million payment to the compound’s developer, Alizyme Plc.

Privately-owned Cellzome in $1.6 billion alliance with GSK

A privately-owned US drug discovery company with operations in Cambridge, UK and Heidelberg, Germany has entered into a strategic alliance with GlaxoSmithKline to discover and develop kinase-targeted therapeutics to treat inflammatory diseases.

New biopharmaceutical company created in Switzerland

A new biopharmaceutical company has been created in Switzerland to focus on the development of anti-infectives for women’s health. The company, Lumavita AG, is based in Basle, and is being supported by Atlas Venture, BB Biotech Ventures and BioMedInvest. On 2 September 2008, it announced the successful closing of a Series A financing for €11 million.