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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.
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.
Thomas Kassberg, Chief Business Officer, Ultragenyx. The result is new modalities and new technologies that enable a broad range of biotech and pharmaceutical companies to work together to bring therapies to rare disease patients.
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.
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.
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.
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.”
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.
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.
SPR206 is in clinical development as an innovative option for the treatment of multi-drug resistant (MDR) Gram-negative bacterial infections. Everest Medicines has built a portfolio of eight potentially global first-in-class or best-in-class molecules, many of which are in late stage clinical development. SHANGHAI , Jan.
24, 2020 /PRNewswire/ —
COVAXX’s UB-612 is the first multitope, synthetic peptide-based COVID-19 vaccine candidate in clinical trials and it utilizes normal refrigeration (no freezing required) for distribution.
COVAXX is currently conducting a Phase 1 clinical trial for the vaccine candidate. .
Patient enrollment of EXCELLENCE pivotal trial reaches 98%. George Yeh, President of TLC, commenced the conference and welcomed the company’s new Chief Business Officer, Mr. Tom Bliss. In its Phase II clinical trial, TLC599 significantly reduced pain at and through every scheduled visit through six months.
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. Patient enrollment is expected to begin in early 2021.
Silverback’s lead candidate is currently in a Phase I trial in adults with HER2-expressing solid tumors. 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. Nuance Pharma .
It is estimated that there will potentially be 13 million moderate-to-severe acne patients treated with oral antibiotics in the urban Chinese population by 2028, which represents a significant opportunity to launch an innovative product whose clinical development is largely de-risked. Guidance for FY 2020.
Prior to Celgene, she held leadership roles in marketing, sales and new businessdevelopment from 2002 to 2011 at Johnson & Johnson. Most recently, she was a senior executive at Celgene Corporation, where she led corporate strategy from 2012 to 2017. Before that, Ms.
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.
STOCKHOLM , Nov.
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. O’Day has been a principal investigator for more than 200 clinical trials.
“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. “The other problem is in the developing world, like China and Brazil, where people simply break the patents.”
So a doctor that’s licensed stay only in the state of New York would be able to practice across the entire counties using Telemedicine. And so you’re involved in these companies, how does that play into your overall role as a thought leader in the healthcare space?
So a doctor that’s licensed stay only in the state of New York would be able to practice across the entire counties using Telemedicine. And so you’re involved in these companies, how does that play into your overall role as a thought leader in the healthcare space?
Revenue growth was 12 percent when excluding effects of 2020 COVID-related stocking patterns, revenue from COVID-19 antibodies and recent businessdevelopment. The trial compared tirzepatide to insulin glargine in adults with type 2 diabetes and increased cardiovascular risk. BusinessDevelopment/Other Developments.
REGN-COV2 trial in the COVID-19 outpatient setting met primary and key secondary endpoints. Key Pipeline Progress Regeneron has more than 20 product candidates in clinical development, including five marketed products for which it is investigating additional indications. billion versus third quarter 2019. Oncology Program.
announced that the companies submitted the Biologics License Application (BLA) to the U.S. In June, the company announced results from True North, a pivotal Phase 3 trial evaluating oral Zeposia as an induction and maintenance therapy for adult patients with moderate to severe ulcerative colitis. Regulatory.
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.
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.
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.
Research & Development (R&D) expenses increased 12% primarily due to higher research and early pipeline spend and late-stage development program spend, including our recent businessdevelopment activities. Acquired IPR&D expenses in 2021 were driven by the Five Prime Therapeutics acquisition. Tezepelumab.
I am confident in our ability to advance our promising pipeline and clinical trials despite the challenging environment, and I believe that our leadership and track record of solid commercial execution will continue to drive long-term growth.”. billion related to certain license and collaboration agreements, and certain other items.
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. Lagevrio made up a large proportion of Merck’s revenue increase with $5.68 Toujeo generated Sanofi €1.12
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. Some amounts in this press release may not add due to rounding.
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