Biotech - Today Stories

Scientists at the University of Eastern Finland and the University of Oxford have shown that small RNA molecules occurring naturally in cells, i.e. microRNAs, are also abundant in cell nuclei. Previously, microRNAs were mainly thought to be found in cytoplasm. The scientists also discovered that microRNA concentrations in cell nuclei change as a result of hypoxia. The findings strongly suggest that microRNAs play a role in the expression of genes in the cell nucleus. This observation is crucial for the development of novel gene therapy, among other things. The study was published in Scientific Reports today. The scientists profiled the division of microRNAs in different parts of endothelial cells, discovering that a large share of microRNAs are enriched in cell nuclei. When the scientists…

Today, Galapagos announces transformational multi-billion dollar collaboration with Gilead to create a global R&D leader based in Europe, developing and commercialising breakthrough therapies to patients. Please see the press releases https://www.glpg.com/press-releases Multi-billion dollar collaboration is one of the largest ever biotech deals in Europe - $3.95 billion upfront payment, a $1.1bn equity investment by GILD, $1.1bn additional opt-in payments for two late stage products, as well as additional milestones to access early pipeline assets, and double digit royalties. Creates a global R&D leader - Collaboration will accelerate GLPG’s vision to become a top 10 global biotech company and establish global leadership in inflammation & immunology. GLPG’s enhanced financial…

Novartis, Amgen and Banner Alzheimer's Institute today announced the decision to discontinue investigation of the BACE1 inhibitor CNP520 (umibecestat) in two pivotal Phase II/III studies in the Alzheimer's Prevention Initiative Generation Program. An assessment of unblinded data during a regular pre-planned review identified worsening in some measures of cognitive function. Given these findings, the sponsors concluded that the potential benefit for participants in the studies did not outweigh the risk. John Tsai (M.D.), Head of Global Drug Development and Chief Medical Officer, said: "Novartis has a strong research focus and commitment to patients. As researchers we have to accept today's disappointing news as part of the search for innovative new treatments. We remain committed to advanci…

Commenting on the government response to the Promoting professionalism, reforming regulation consultation, Danny Mortimer, chief executive of NHS Employers, said: “Employees and employers will welcome steps to make the fitness to practise process quicker, fairer and effective; they will also look forward to further reform, which will allow the regulation of new roles and professions to support their full deployment to care for our patients.”

The Government will announce further details for how they will support pharmaceutical companies’ investments in the development of drugs that will treat AMR infections. The NHS will test a first-of-its-kind ‘subscription-style’ payment model that will help incentivise companies to develop new drugs needed to tackle resistant infections. The ABPI welcomes further detail on the Government’s approach. Dr Sheuli Porkess, Executive Director of Research, Medical and Innovation at the Association of the British Pharmaceutical Industry (ABPI), said:“Increased resistance to antibiotics is one of the greatest threats to global health we face. “Today’s announcement is an example of how the UK can lead the world in this fight and hopefully brings us closer to fixing the problems that have hampered inv…

• Strategic partnership between world’s leading cancer research charity and leading specialist healthcare investment firm with track record of creating breakthrough companies and treatments • Major opportunity to progress charity’s research and translate scientific breakthroughs into new cancer medicines for patients• US$25 million investment by Cancer Research UK into new life sciences investment fund• Cancer Research UK to collaborate closely with SV Health Investors to identify research within charity’s network that could be rapidly developed London, July 2nd 2019, Cancer Research UK, the world's largest independent funder of cancer research, today announced a strategic partnership with SV Health Investors (SV), a leading life sciences venture capital and growth equity firm, focused on…

On June 25, 2019, AbbVie Inc. and Allergan announced that the companies have entered into a definitive transaction agreement under which AbbVie will acquire Allergan in a cash and stock transaction for a transaction equity value of approximately $63 billion, based on the closing price of AbbVie's common stock of $78.45 on June 24, 2019. Strategic Rationale: New growth platforms and leadership positions to diversify and expand revenue base: The combined company will consist of several attractive franchises with leadership positions across immunology, hematologic oncology, medical aesthetics, neuroscience, women's health, eye care and virology.  Allergan's product portfolio will be enhanced by AbbVie's commercial strength, expertise and international infrastructure. Immediate scale and en…

(NEW YORK and SOMERSET, N.J., June 19, 2019) – Bristol-Myers Squibb Company (NYSE:BMY) and Catalent, Inc. (NYSE: CTLT), today announced that Catalent has agreed to purchase Bristol-Myers Squibb’s oral solid, biologics, and sterile product manufacturing and packaging facility in Anagni, Italy. Catalent is the leading global provider of advanced delivery technologies, development and manufacturing solutions for drugs, biologics, gene therapies, and consumer health products. The companies anticipate completing the transaction by the end of 2019, subject to regulatory approvals, the information and consultation procedure with the unions, and the satisfaction of certain other customary closing conditions. Through the years, the Anagni plant has served as one of the primary launch facilities for…

(Reuters) - Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash, giving it access to the target’s approved drugs for skin cancer and the targeted cancer medicines in its pipeline. The offer of $48 per Array share represents a premium of about 62% to the stock’s close on Friday. Array’s shares surged 56% in light premarket trade. Pfizer has been investing in cancer drugs and gene therapies in the face of competition for its blockbuster pain drug Lyrica. The U.S. Food and Drug Administration last year approved Array’s oral combination treatment for use in patients with the deadliest form of skin cancer. The company is also testing its triple combo therapy in colorectal cancer patients. “(The acquisition) sets the stage to create a potentially industry-le…

Singapore, 31 May 2019 – ASLAN Pharmaceuticals (Nasdaq:ASLN, TPEx:6497), a clinical-stage oncology and immunology focused biopharma company, today announced that it has amended its license agreement with CSL Limited (CSL) so that ASLAN has full global rights to develop, manufacture and commercialise ASLAN004 in all indications. The amended agreement replaces the licensing agreement ASLAN and CSL signed in May 2014. Dr Carl Firth, Chief Executive Officer of ASLAN Pharmaceuticals, said: “We are very excited by the recent data we have generated on ASLAN004 and we believe that it has the potential to be a best-in-class treatment for atopic dermatitis and other inflammatory indications with a differentiated profile. The amendment of our agreement with CSL is an important achievement in our stra…

A prestigious competition that has helped innovators raise millions of pounds to take their concepts to the global marketplace is looking for 2019’s most life-changing creations. The Royal Society of Chemistry’s Emerging Technologies Competition has helped winners raise more than £32million in funding since it was launched in 2013. Backed by some of the world’s biggest companies, such as Unilever, Croda, Johnson Matthey, RSSL and Pfizer, entries are now open until 5 July for the next big success story whose mastery of the chemical sciences helped create a product that can deliver a real-world benefit for wider society. Aurora Antemir, a senior manager in the Royal Society of Chemistry’s Industry team said: “In less than a decade, the Emerging Technologies Competition has gone from being an…

Neuraxpharm Group, a leading European specialty pharmaceutical company focused on the treatment of central nervous system (CNS) disorders, announces it will soon launch its first probiotic[1] in the European market following an exclusive licensing agreement with the probiotics company Bened Biomedical Co., Ltd. Bened Biomedical, an award winning 2015 spin-out from Taiwan-based National Yang-Ming University, develops functional probiotic strains that can alter human microbiome. The agreement secures Neuraxpharm exclusive rights to market its first probiotic, PS128™, in the European market. This is Neuraxpharm’s first launch of a probiotic product expanding the Company’s portfolio of marketed Consumer Healthcare products. This is in line with its ambition of covering CNS therapeutics from pr…

Pratteln, Switzerland, May 21, 2019 – Santhera Pharmaceuticals (SIX: SANN) announces its collaboration with the Biozentrum of the University of Basel to advance gene therapy research for the treatment of LAMA2-deficient congenital muscular dystrophy (LAMA2 MD or MDC1A). The program is supported by public funding for innovation in Switzerland through a grant from Innosuisse – the Suisse Innovation Agency. Innosuisse and Santhera will jointly invest CHF 1.2 million into this preclinical research collaboration. Santhera has entered in a collaboration with Prof. Markus Rüegg from the Biozentrum, University of Basel, who pioneered a novel gene therapy approach for the treatment of LAMA2 MD. The simultaneous transgenic expression of specifically designed small protein domains, so-called linker p…

The development of the UK’s first dedicated Vaccines Manufacturing Innovation Centre (VMIC) has moved a step closer with the contract to design an advanced array of laboratory and production facilities within a ‘cleanroom wrap’ environment being awarded to WHP. The multi-disciplinary engineering company has won the design work as part of plans for the specification of versatile new cGMP suites and filling rooms for the VMIC, which is being built in the Oxford area. These units will have the capacity to meet Department of Health and Social Care requirements concerning the provision of vaccines in an infectious disease emergency. The centre, which has secured £66m of funding from UK Research and Innovation, is being developed through the UK Government’s Industrial Strategy Challenge Fund (IS…

Elucid mHealth has developed a smart pill dispensing solution called Pill Connect which will allow both trial investigators and doctors to effectively monitor medication adherence, either in clinical trials or in the community. Elucid is already in discussions with several top tier Pharmas, CROs, CMOs, and the NHS all of whom all keen to find effective ways to monitor patient adherence. The first clinical trial undertaken by a global CRO with healthy people has just been concluded. The trial showed that the system worked very well. How the system works Preparation - A patient has an app loaded onto their mobile phone (iPhone or android) which contains the pill regime – eg twice a day. Is trained how to use the app – 20 minutes - and given a Pill Connect bottle loaded with pills Patient us…

Cambridge, 29th April 2019: The Xaar 1201 printhead is proving instrumental in helping Nottingham-based research organisation, Added Scientific, establish the suitability of inkjet printing in the manufacture of personalised pharmaceutical pills, where dosages could be tailored to individuals on an industrial scale. Building on research conducted by the University of Nottingham, where excipients (everything but the active pharmaceutical ingredient [API]) have been developed, Added Scientific initiated a project with its collaborators Xaar and AstraZeneca to look at the long-term scalability and suitability of inkjet printing in dispensing APIs. The project was funded under the Industrial Strategy Challenge Fund’s Medicines Manufacturing Challenge, with support from Innovate UK. “Inkjet pri…

London, UK – 23 April 2019: Ergomed plc, (LSE: ERGO) ('Ergomed' or the 'Company'), a company focused on providing specialised services to the pharmaceutical industry, today announces that PrimeVigilance, its pharmacovigilance, regulatory and medical information service provider, has been awarded the Queen’s Award for Enterprise for the second time reinforcing Ergomed’s broad leadership position as a provider of contract services. Now in its 53rd year, the Queen’s Awards for Enterprise are the most prestigious business awards in the country. Ergomed’s PrimeVigilance has received the 2019 Queen’s Award for International Trade in recognition of its year-on-year outstanding services in the drug safety sector for its global customer base. As an International Trade winner, PrimeVigilance has dem…

Berkshire based PharmiWeb are excited to have launched a new version of of PharmiWeb.com - The new site, focusing on News, Events and Articles from the Pharma sector, brings together a wide range of content from multiple sources, to make the site an even better resource for the Pharma Industry.  Pharma Jobs  The hugely popular Job Board has moved to a new URL - PharmiWeb.Jobs. This means that for individuals looking for a the latest jobs in the pharma industry, PharmiWeb's new job board will the only place they need to go!  According to Portal Business Manager, Mike Wood - "This is the start of a very exciting growth stage for PharmiWeb, and we have a wide ranging plan of developments for the portal which will reinforce our position as one of the primary sources of global Pharma news. Our…

CeloNova BioSciences, Inc. (CeloNova), a global medical device company that offers a family of innovative products based upon its proprietary Polyzene™-F nanocoating technology, today announced that it has signed a three-year group purchasing agreement with HealthTrust for its novel COBRA PzF™ NanoCoated Coronary Stent (NCS) System. The agreement (contract number: 39949), which became effective on February 1, 2019, provides HealthTrust's more than 1,500 member hospitals and health systems with access to the world's first non drug-eluting, nanocoated coronary stent designed to help physicians safely and effectively treat patients who may benefit from short, 1-month minimum dual antiplatelet therapy (DAPT).1 DAPT has been shown to increase bleeding and mortality risks, which is of greater c…

*         ICARIA (Isatuximab in Combination with pomalidomide And low-dose dexamethasone veRsus pomalidomide and low dose dexamethasone in patients with refractory or relapsed And refractory Multiple Myeloma), study evaluated the benefit of isatuximab in combination with standard of care in prolonging progression free survival as compared to standard of care in patients with relapsed/refractory multiple myeloma *         Multiple myeloma is the second most common haematological cancer1 *         First randomised Phase 3 trial to evaluate the benefit of adding a monoclonal antibody to pomalidomide and dexamethasone for treatment of relapsed/refractory multiple myeloma I…