| INDUSTRY NEWS | Stem Cell Clinical Trials to Tackle Diabetes NUI Galway has been awarded a major new €6 million European project, designed to address complications associated with diabetes. The research project will examine the ability of stem cells to safely control glucose levels and alleviate the damage caused by six different diabetic complications. [National University of Ireland, Galway] Press Release Clovis Oncology Announces Negative Outcome of CO-101 in Pivotal LEAP Pancreatic Cancer Study Clovis Oncology, Inc. announced the results from its LEAP (Low hENT1 and Adenocarcinoma of the Pancreas) study of CO-101 versus gemcitabine in metastatic pancreatic cancer. There was no difference in overall survival between the two arms in either the primary analysis of the hENT1-low patient population, or in the overall intent-to-treat population. [Clovis Oncology, Inc.] Press Release NewLink Genetics Receives European Orphan Designation for Algenpantucel-L Immunotherapy to Treat Pancreatic Cancer NewLink Genetics Corporation announced that the European Commission (EC) has designated HyperAcute-Pancreas® Immunotherapy (algenpantucel-L) as an orphan medicinal product under Regulation (EC) No. 141/2000 of the European Parliament and of the Council of 16 December 1999 on Orphan Medicinal Products. Algenpantucel-L is an “off-the-shelf” product candidate currently being studied in Immunotherapy Pancreas Resected Survival Study which is being performed under a Special Protocol Assessment with the United States Food and Drug Administration. [NewLink Genetics Corporation] Press Release Intarcia Therapeutics Secures Landmark $210 Million Financing to Fund Its Global Phase III Program for ITCA 650 in Type 2 Diabetes Intarcia Therapeutics, Inc. announced the simultaneous completion of two financings with total proceeds of $210 million, the largest sum to be raised by a private biotechnology company in at least 25 years. As a result, Intarcia has retained full strategic and financial control of its lead product candidate ITCA 650, which, if approved, would be the first and only once-yearly, injection-free glucagon-like peptide-1 therapy for the treatment of type 2 diabetes. [Intarcia Therapeutics, Inc.] Press Release |
|
|
|