Market News & Trends
How One Pharma Start-Up Raised $16 Million Without VCs
By: Deanna Pogorelc, MedCity News Savara Pharmaceuticals needed several million dollars to take its inhalable drug for troublesome infections in cystic fibrosis patients through Phase…
Transition Therapeutics to Get $7 Million as Eli Lilly Assumes Rights to Diabetes Drug
Transition Therapeutics Inc. recently announced that Eli Lilly and Company has exercised its option to assume all development and commercialization rights to type 2 diabetes…
Conatus Pharmaceuticals Files for a $69-Million IPO
Conatus Pharmaceuticals Inc. recently announced it has filed a registration statement on Form S-1 with the US SEC relating to the proposed initial public offering…
Justices Rule: No Patenting of Genes!
The US Supreme Court unanimously ruled this past week that human genes are “a product of nature” and cannot be patented, a landmark decision that…
MPI Research, inviCRO & 3D Imaging Announce Strategic Partnership
MPI Research, the largest single-site preclinical/early clinical contract research organization (CRO) globally, recently announced a strategic partnership with inviCRO and 3D Imaging to unite world-class…
Stabilization Technologies Eliminate Cold Storage Need
Global pharmaceutical and biotech companies are showing heightened interest in stabilization and drug delivery platforms patented by UK pharmaceutical contract manufacturer Nova Laboratories Ltd. the…
Avomeen Analytical Services Announces New Complex of Laboratories
Avomeen Analytical Services recently announced it has finished moving into its new location, which was inspired by the consistent growth the chemical testing laboratory has…
Catalent Pharma Solutions Breaks Ground on $35-Million Expansion for Controlled Release
Catalent Pharma Solutions recently announced a major expansion of its controlled release drug manufacturing facility in Winchester, KY. The company is to invest nearly $35…
Capsugel Launches LIPIDEX Technology Platform
Capsugel recently announced the launch of its new LIPIDEX technology platform, which integrates the company’s lipid, liquid, and semi-solid fill technologies, extensive product development experience,…
Novavax Announces Public Offer for All Outstanding Shares of Swedish Company
Novavax, Inc. recently announced it has made a public tender offer to acquire all outstanding shares and warrants of Sweden-based Isconova AB directly from such…
Protagonist Therapeutics Raises $14 Million
Protagonist Therapeutics, Inc. recently announced the completion of a $14-million Series B venture financing. The financing, led by new investor Johnson & Johnson Development Corporation…
Fuse Science Announces Major Advancements in Delivery of APIs
Fuse Science, Inc. recently announced their Round II Research results have shown their proprietary delivery technology has successfully delivered therapeutic doses of varying-size compounds directly…
Valeritas Closes $100 Million Financing
Valeritas recently announced they have closed a structured debt financing with Capital Royalty L.P., which provides Valeritas with up to $100 million to further support…
New Prefillable Syringe System Offers Advanced Glass Technology for Biopharmaceutical Injectable Delivery
BD Medical, a segment of BD (Becton, Dickinson and Company) recently announced the launch of BD Neopak, a new glass prefillable syringe system specifically engineered…
AstraZeneca to Acquire Omthera Pharmaceuticals
AstraZeneca recently announced it has entered into a definitive agreement to acquire Omthera Pharmaceuticals, a specialty pharmaceutical company based in Princeton, NJ, focused on the…
Valeant Pharmaceuticals to Acquire Company for $8.7 Billion
Valeant Pharmaceuticals International, Inc. and Bausch + Lomb Holdings Incorporated, the global eye health company, recently announced they have entered into a definitive agreement under…
Integral BioSystems to Offer Ophthalmic Formulations for Eye Therapies
Integral BioSystems LLC is developing and will offer for license its novel, platform front-of-the-eye and back-of-the-eye ophthalmic therapeutic delivery systems, OcuSurf and EySite. Integral BioSystems’…
Ophthotech Raises $175 Million to Finance Pivotal Phase III Program
Ophthotech Corporation today recently announced it has raised $175 million to finance a global Phase III clinical program of its lead compound Fovista, an anti-platelet-derived…
GlaxoSmithKline Buys Okairos for $324 Million
GlaxoSmithKline (GSK) recently announced it has acquired Okairos AG (Okairos), a specialist developer of vaccine platform technologies for approximately $325 million in cash. Swiss-based Okairos,…
UPM Pharmaceuticals Purchases Pfizer Commercial Manufacturing Site
UPM Pharmaceuticals, a Baltimore, MD-based drug development and contract manufacturer, recently announced it will be acquiring the 500,000-sq-foot commercial manufacturing facility that Pfizer Inc. (PFE)…
