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While a rumoured takeover by Merck & Co has yet to materialise, Seagen is getting on with its own businessdevelopment, including a just-agreed licensing deal for a cancer immunotherapy developed by Dutch biotech Lava Therapeutics. The post Lava fires up a $700m cancer licensing deal with Seagen appeared first on.
ERS Genomics Expands Team With Appointment of Jon Kratochvil as VP BusinessDevelopment ERS Genomics Expands Team With Appointment of Jon Kratochvil as VP BusinessDevelopment Jon Kratochvil joins as Vice President for BusinessDevelopment & Licensing for North America … Continue reading →
Spanish pharmaceutical firm Ferrer and Swiss biotechnology firm Asceneuron have signed a licensing agreement for the latter’s O-GlcNAcase inhibitor, ASN90, to treat progressive supranuclear palsy (PSP). The company now intends to conduct a Phase II clinical trial for determining the optimal dose range and efficacy of ASN90.
In an interview with BioSpace, Marianne De Backer, Head of BusinessDevelopment & Licensing in Bayer’s Pharmaceuticals Division, outlined Bayer’s thought process for opening its purse strings and diving into the deep end of the cell and gene therapy space.
Allecra, subject to the satisfaction of terms and conditions as set forth in the Exclusive Licensing Agreement, is to receive an upfront cash payment and is eligible to receive additional development and commercial milestone payments with an overall deal value of $78 million, in addition to royalties.
Bristol-Myers Squibb chief executive Giovanni Caforio has promised to invest in the company’s pipeline at the virtual JP Morgan Healthcare Conference, and demonstrated that commitment by licensing up to four cancer cell therapy candidates from Century Therapeutics.
Didier Landais as Chief Operating Officer LabGenius Appoints Dr. Didier Landais as Chief Operating Officer With over 30 years of industry experience, the former Global Head of Licensing at Servier Group will spearhead LabGenius’ businessdevelopment, commercial … Continue reading →
OSLO, Norway–( BUSINESS WIRE )– Ultimovacs ASA (“Ultimovacs”, ticker ULTIMO), today announced that Ton Berkien will join Ultimovacs’ management team as Chief Business Officer (CBO), effective December 1, 2020. Mr. Berkien is currently a board member of the Nordic Pharma Licensing Group.
Both deals give Exelixis an exclusive option to license ADC candidates at the preclinical stage, before they are submitted for approval to start human trials, and can be extended if the parties agree. Last year, Exelixis paid $7.5 million in milestones.
It has made Oxford Nanopore’s chief executive and cofounder Gordon Sanghera an on-paper fortune of £63 million, while another cofounder – chief businessdevelopment officer Spike Willcocks – is now worth £30 million. Chief technology officer Clive Brown is also sitting on a £10 million stake.
MBA, as the Company’s Chief Business Officer following the retirement of Wenji Chen, PhD, MBA, from her position as Vice President of Corporate Development. With the advancement of our leading programs such as TLC599 into the commercial phase, now is an opportune time to welcome the return of Mr. Bliss to TLC.
“There’s a huge clinical need which has been undelivered for years,” says Gustav Ando, manager of the healthcare businessdevelopment unit [HBDU] at Global Insight. All those people need treatment, which creates demand for drugs and stimulates growth in the sector.
The US pharma group is paying $47 million in upfront payments to license rights to the undisclosed drug outside China, Hong Kong, Macao, and Taiwan, with another $1.36 billion in potential milestone payments plus royalties on sales. Davis said the company is “not seeing a fundamental shift in seller expectations as of this point.”
Fortunately, as a member of the Novartis BusinessDevelopment & Licensing (BD&L) department, she was in a position to try to help. She joined the Novartis COVID-19 R&D Task Force to help tackle the emerging pandemic, taking the reins of the businessdevelopment workstream.
For Roche, the new partnership adds to a string of other businessdevelopment deals aimed at extending its position in cancer cell therapies – a category where it has lagged behind rivals, including Novartis, Gilead Sciences, and Bristol-Myers Squibb.
Marianne De Backer, Head of BusinessDevelopment & Licensing in Bayer’s Pharmaceuticals Division, pictured above. Photo courtesy of Bayer. While these are three companies considered key to the future of Bayer’s C> Platform, the company is not done fleshing out this new area.
With the ink barely dry on a deal to develop Dragonfly’s lead cancer immunotherapy, Bristol-Myers Squibb’s businessdevelopment team has agreed to buy Canadian biotech Forbius and its pipeline of drugs for cancer and fibrotic diseases.
Paolo is a life sciences executive with over 20 years of experience in venture capital, R&D, external innovation, and businessdevelopment. Prior to joining Angelini Ventures, Thomas worked for Lundbeck as director of corporate businessdevelopment and strategy.
Individual subscriptions , customized multi-user, and company licenses to FDAnews are also available. Contact Will Tuttle, BusinessDevelopment Representative at wtuttle@fdanews.com or +1 612.216.2948 to receive a custom quote.
The companies acquired by Bayer, Noria and PSMA Therapeutics, have exclusive world-wide rights to technology licensed from Weill Cornell Medicine (New York, NY, USA) and Johns Hopkins University (Baltimore, MD, USA). Noria was founded by Dr. John Babich, Chief, Radiopharmaceutical Sciences in Radiology at Weill Cornell Medicine.
. “Complementing in-house expertise with external collaboration continues to be a priority in areas of high unmet medical need where insufficient, or no treatment options are currently available,” said Friedemann Janus, acting Head of BusinessDevelopment and Licensing/Open Innovation, Pharmaceuticals Division, Bayer.
The committee is tasked with supporting BeyondSpring’s businessdevelopment activities related to its lead asset, Plinabulin, and other pipeline assets. Mukul Agarwal, former vice president of Corporate Development, at Forty Seven, Inc., Floyd co-founded Elion Oncology which licensed PCS6422 to Processa.
Joining her onstage were Dominique Bridon CEO of Diaccurate, Matthias Müllenbeck SVP, head global businessdevelopment & alliance management Merck KGaA, and Catherine Pickering CEO iOnctura. It’s a bit of a balance, noted Pickering. The post LSX Inv€$tival Showcase round-up appeared first on.
Everest Medicines is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Greater China and other Asian markets. SHANGHAI , Jan.
An experienced leader in drug development who has led and grown Lilly’s oncology business over the past several years, White will be responsible for Lilly’s launched products and Phase 3 portfolio in pain and neurodegeneration, including the potential launch of donanemab for the treatment of Alzheimer’s disease.
Shafi Khan , Burkhan World’s VP of BusinessDevelopment stated, “Burkhan is honoured to have partnered up with Vivera in supporting its efforts globally in the medical supply sector. With management expertise in hospitality and finance, the Burkhan World Group of Companies, based in Washington D.C. ,
As part of this role he built innovative, high-performing development teams and managed the Regeneron’s regulatory filings, interactions with regulatory agencies, product launches, and businessdevelopment and licensing activities across its product portfolio.
Research and development expenses increased 30% to $3.3 billion in the quarter primarily due to higher license and asset acquisition charges and an in-process research and development (IPR&D) impairment charge. On a non-GAAP basis, research and development expenses increased 4% to $2.3 and Non-GAAP EPS of $1.93
Ovation earns revenues from licensing and development fees, royalties, the sale of Invisicare to its licensees and now revenue from its own product sales. FOR BUSINESSDEVELOPMENT & CORPORATE INQUIRIES :
Doreen McMorran: doreen@ovationscience.com Phone: 604-283-0903 ext. SOURCE: Ovation Science Inc. .
10% of its Net Sales in R&D and also invests significantly in businessdevelopment and in-licensing. Tirbanibulin is a topical drug for the treatment of actinic keratosis in adult patients developed by Athenex and licensed by Almirall. Guidance for FY 2020.
Now poised to advance a robust therapeutics pipeline to clinical development, Nuance will use the funds for ongoing R&D of existing products and businessdevelopment of potential new assets. Through its Shielded Living Therapeutics platform, the company is developing functional cures for chronic diseases.
Fast Track designation allows for early and frequent communication with the FDA throughout the entire drug development and review process. It may also allow for priority or rolling review of a company’s Biologics License Application (BLA). About LogicBio Therapeutics. LogicBio is headquartered in Lexington, Mass.
Revenue growth was 12 percent when excluding effects of 2020 COVID-related stocking patterns, revenue from COVID-19 antibodies and recent businessdevelopment. BusinessDevelopment/Other Developments. In the second quarter of 2021, the company recognized acquired in-process research and development charges of $25.0
AlzeCure aims to pursue its own projects through preclinical research and development to an early clinical phase and is continuously working with businessdevelopment to find suitable out-licensing solutions with other pharmaceutical companies.
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Kiromic’s deep understanding of the tumor micro environment (TME) and the tumors’ escape and masking mechanisms led to development of a promising platform for chimeric antigen receptor therapy (CAR-T). We believe our allogenic CAR-T platform is significantly stronger with chPD1 target licensed from Longwood University.
George Yeh, President of TLC, commenced the conference and welcomed the company’s new Chief Business Officer, Mr. Tom Bliss. With experiences attained in licensing and businessdevelopment functions from Amgen, Baxter and Johnson & Johnson, Mr. Bliss introduced himself in Mandarin Chinese. SOUTH SAN FRANCISCO, Calif.
Finalized the technical development of modia , a digital therapy for opioid use disorder, for which Orexo owns the exclusive global rights.
Entered an exclusive license and supply agreement with Accord Healthcare for ZUBSOLV® covering 29 European countries.
Important events after the period.
VectivBio AG – Based in Switzerland, VectivBio named Sarah Holland as chief business officer and Aditya Venugopal as head of businessdevelopment. Most recently, Holland served as Global Head of licensing at Lonza AG. Prior to Lonza, she led External Science and Partnering across the globe for Sanofi R&D.
Pfizer’s Meridian subsidiary, the manufacturer of EpiPen and other auto-injector products, which had been reported within the results of the Upjohn Business (4) in the first three quarters of 2020 , is now included within the Hospital therapeutic area for all periods presented. 7) BNT162b2 has not been approved or licensed by the U.S.
This businessdeveloped positively in the Europe/Middle East/Africa region and in Latin America, partly as a result of higher prices, whereas it shrank in North America, in part due to a license expiration. Sales at Corn Seed & Traits remained at the level of the prior-year quarter (Fx & portfolio adj. percent.
They are committed to capitalizing on growth opportunities primarily through the advancement of their own product pipeline and constantly improving their existing products, as well as through businessdevelopment activities. In 2022, the FDA proceeded to grant official licensing for Moderna’s Spikevax COVID-19 vaccine.
Collegium will grant Teva a license to market its generic version of Xtampza ER in the United States beginning on or after September 2, 2033 (subject to U.S. Reached a settlement with Teva Pharmaceutical USA, Inc. FDA approval, and customary exceptions). Strengthened Board of Directors with the appointment of Dr. . ;
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