Teva to Acquire Cephalon in $6.8 Billion Transaction Teva Pharmaceutical Industries Ltd. and Cephalon, Inc. announced that their Boards of Directors have unanimously approved a definitive agreement under which Teva will acquire all of the outstanding shares of Cephalon for $81.50 per share in cash, or a total enterprise value of approximately $6.8 billion. [Teva Pharmaceutical Industries Ltd. Press Release] InVivo Therapeutics and The Miami Project to Cure Paralysis Form Strategic Research Collaboration to Develop Novel Treatments for Spinal Cord Injuries InVivo Therapeutics and The University of Miami Miller School of Medicine’s Miami Project to Cure Paralysis announced a strategic research collaboration for the development of novel spinal cord injuries treatments. [InVivo Therapeutics Press Release] Molecular Templates Announces RNAi Drug-Delivery Research Collaboration with Alnylam Pharmaceuticals Molecular Templates, Inc. announced that it has entered into a research collaboration with Alnylam Pharmaceuticals, Inc. to evaluate and develop Molecular Templates’ proprietary technology for targeted delivery of RNAi therapies. [Molecular Templates, Inc. Press Release] Oxford BioMedica Broadens 5T4 Antibody Collaboration with Pfizer Oxford BioMedica plc announced that it has signed an amendment to broaden its licensing agreement with Pfizer Inc. regarding the development of therapeutic products which target the Company’s proprietary 5T4 tumor antigen for the treatment of cancer. [Oxford Biomedica plc Press Release]
Debiopharm and Yale Announce an Exclusive License Agreement for the Development and Commercialization of Debio 1036, a First-In-Class Inhibitor for Autoimmune and Inflammatory Diseases Debiopharm Group™ and Yale University announce an exclusive worldwide license agreement concerning the development and commercialization of Debio 1036, a first-in-class inhibitor for autoimmune and inflammatory diseases. [Debiopharm Group™ Press Release]
Prometheus Obtains Exclusive US Commercialization Rights for RENCAREX® Prometheus Laboratories Inc. announced that it has signed an exclusive agreement with WILEX AG for commercialization rights in the United States for RENCAREX® (girentuximab). [Prometheus Laboratories Inc. Press Release] ProFibrix Secures Funding for Progression of Lead Product into Late Stage Clinical Development and Announces Management and Supervisory Board Appointment ProFibrix B.V. announced the successful closing of a series B follow-on financing. In conjunction with the financing and to support the company’s next stage of development towards commercialization, ProFibrix also announced several management and Supervisory Board appointments. [ProFibrix B.V. Press Release] MDxHealth Receives USD 1.1 Million European Grant to Progress Bladder Cancer Program MDxHealth SA announced that together with partner NovioGendix B.V. has received a USD 1.1 million grant from Eurotrans-Bio to progress its bladder cancer program. [MDxHealth SA Press Release] Nearly 30 Percent of New CIRM Awards Go to UC San Diego Stem Cell Researchers University of California (UC), San Diego scientist garnered 8 of the total 27 of Basic Biology III awards announced by the Independent Citizens’ Oversight Committee of the California Institute for Regenerative Medicine (CIRM). [University of California, San Diego Press Release] UCSF Stem Cell Studies to Focus on Muscular Dystrophy, Heart Disease, Cancer Three University of California, San Francisco (UCSF) scientists have received grants from the California Institute for Regenerative Medicine to advance their investigations of treatment strategies for degenerative muscle diseases, such as muscular dystrophy, and heart disease, and to determine why human embryonic stem cells are susceptible to forming tumors. [University of California, San Francisco Press Release] Six UCLA Stem Cell Scientists Awarded More than $8 Million in State Grants Six scientists with the Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research at the University of California, Los Angeles (UCLA) were awarded more than $8 million in grants from California’s state stem cell agency on May 3 to investigate basic mechanisms underlying stem cell biology and differentiation. [University of California, Los Angeles Press Release] Silence Therapeutics Issued Japanese Patent Covering Its Core RNA Interference (RNAi) Technology Silence Therapeutics plc announces the issuance of patent 4,705,370, titled “Further Novel Forms of Interfering RNA Molecules,” by the Japanese Patent Office. [Silence Therapeutics plc Press Release] Cytori Appoints Tommy G. Thompson to Its Board; Names Lloyd Dean Chairman Cytori Therapeutics elected the Honorable Tommy G. Thompson as an independent member of Cytori’s Board of Directors. In addition, the Company’s Board of Directors has elected Mr. Lloyd H. Dean to serve as Chairman of the Board. [Cytori Therapeutics Press Release] National Academy of Sciences Members and Foreign Associates Elected The National Academy of Sciences announced the election of 72 new members and 18 foreign associates from 15 countries in recognition of their distinguished and continuing achievements in original research. [National Academy of Sciences Press Release]
Professor Ingham Honored at National Awards Professor Eileen Ingham has been recognized for her achievements in scientific research at a prestigious awards ceremony held at the Royal Academy of Engineering in London. [University of Leeds Press Release] |