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October 04, 2016

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Today's Rundown

  1. Amgen strikes early-stage oncology, neuroscience R&D pact with Nuevolution

  2. Summit, Sarepta in $584M-plus DMD pipeline license pact in Europe

  3. Dynavax pops on FDA approval optimism for HBV vaccine

  4. Daiichi does I/O research deal with Portland upstart

  5. Samsung Bioepsis races rivals as EMA accepts Herceptin biosim app

  6. I/O pair Altor BioScience and NantKwest team up for experimental combo studies

  7. From FierceCRO: Megamerger finalized as ‘QuintilesIMS’ is born

  8. From FierceMedicalDevices: ConvaTec eyes $1.8B IPO on London exchange with former GSK chair at helm

Featured Story

Amgen strikes early-stage oncology, neuroscience R&D pact with Nuevolution

Amgen has become the latest big-name drugmaker to strike a deal to access Nuevolution’s discovery platform. The Big Biopharma will work with Nuevolution to discover and develop oncology and neuroscience therapeutics, before going on to license promising programs in return for up to $410 million (€367 million) apiece in upfront and milestone payments.


Top Stories

Summit, Sarepta in $584M-plus DMD pipeline license pact in Europe

Tuesday, October 4, 2016

Buoyed by its recent, and controversial, FDA approval for its Duchenne drug Exondys 51 (eteplirsen), Sarepta has signed a pact potentially worth more than half a billion dollars with the U.K.’s Summit Therapeutics, giving it rights to its Duchenne candidate in Europe and elsewhere.

Dynavax pops on FDA approval optimism for HBV vaccine

Monday, October 3, 2016

Small cap Dynavax bounced almost 20% on news that the FDA has requested information regarding its application for its hepatitis B vaccine.

Daiichi does I/O research deal with Portland upstart

Tuesday, October 4, 2016

Daiichi Sankyo has partnered with startup AgonOx to develop novel drugs against an undisclosed immuno-oncology target.

Samsung Bioepis races rivals as EMA accepts Herceptin biosim app

Tuesday, October 4, 2016

A month after Mylan and Biocon saw the EMA accept their marketing application for a copycat version of Roche’s major blockbuster cancer med Herceptin (trastuzumab)--the first to do so--Samsung Bioepis says it too has now notched that regulatory milestone as the companies race to market.

I/O pair Altor BioScience and NantKwest team up for experimental combo studies

Tuesday, October 4, 2016

Altor and NantKwest have signed a new research collab that will see the two work in tandem by combining their early-stage experimental meds in the hope they can hit more cancer targets together.

Megamerger finalized as ‘QuintilesIMS’ is born

Tuesday, October 4, 2016

The world’s largest CRO and one of the biggest healthcare data and consultancy firms have become one major $19 billion 50,000-strong company this week as QuintilesIMS comes into life.

ConvaTec eyes $1.8B IPO on London exchange with former GSK chair at helm

Tuesday, October 4, 2016

ConvaTec, a medical products company that makes wound care dressings and colostomy bags, is looking to raise $1.8 billion in a public offering on the London Stock Exchange in what could be London's largest public offering of the year.

News of Note

Riptide Bioscience has set up a three-year cooperative R&D deal with the National Cancer Institute with a focus on its early work in pancreatic cancer. Statement

Neurological focused New York biotech Acorda Therapeutics has seen the departure of its CFO Michael Rogers, who will serve as a consultant to the firm for the rest of the year. Release

Swiss biotech Turing Pharmaceuticals has set up a toxoplasmosis R&D collab with Washington University in St. Louis as it looks to find new treatments for the infection. Statement

Lyon, France-based Theranexus has been given an orphan tag from the FDA for its lead candidate THN102, which is being tested for narcolepsy. Release

California cancer biotech Five Prime Therapeutics has started the Phase Ib part of an I/O combo test of its experimental cabiralizumab together with Bristol-Myers' PD-1 cancer drug Opdivo. Statement

 

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