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Entries posted by pharmanewsdaily
Bayer to acquire KaNDy Therapeutics to add menopause drug candidate

Bayer to acquire KaNDy Therapeutics to add menopause drug candidate

Bayer has agreed to acquire KaNDy Therapeutics, a UK clinical-stage biotech company, in a deal worth up to $900 million, in a move to grow its drug development pipeline in women’s healthcare. Through the acquisition, the German healthcare company gains access to NT-814, a non-hormonal, once-daily, oral neurokinin-1,3 receptor antagonist in developmen for the treatment […]

Ligand Pharmaceuticals to acquire protein therapeutics developer Pfenex

US biopharma company Ligand Pharmaceuticals has signed a deal worth up to $516 million to acquire Pfenex, a development and licensing biotechnology company engaged in the development of protein therapeutics, which are used in various commercial and development-stage biopharma drug candidates. As per the terms of the deal, Ligand Pharmaceuticals is offering to acquire the […]

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Kazia Therapeutics gets US RPDD for paxalisib in childhood brain cancer

Kazia Therapeutics, an Australian biotech company, has secured the rare pediatric disease designation (RPDD) for paxalisib (formerly GDC-0084) from the US Food and Drug Administration (FDA) for the treatment of diffuse intrinsic pontine glioma (DIPG). Diffuse intrinsic pontine glioma is considered to be a rare and highly-aggressive childhood brain cancer. The rare pediatric disease designation […]

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Olympus Corporation to acquire Arc Medical Design from Norgine

Olympus Corporation, a Japanese optical products company, has agreed to acquire Arc Medical Design, a UK-based subsidiary of Dutch specialist pharma company Norgine for an undisclosed price. The Japanese firm said that the acquisition helps it expand its offering in gastrointestinal therapeutic devices. Besides, the transaction will help Olympus Corporation in its development of advanced […]

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Takeda strikes deal to bring Novavax’ NVX‑CoV2373 COVID-19 vaccine to Japan

US-based pharma company Novavax and Takeda Pharmaceutical have joined forces for the development, manufacturing, and commercialization of NVX‑CoV2373, the former’s COVID‑19 vaccine candidate, in Japan. NVX‑CoV2373 is said to be a stable, prefusion protein produced by using the recombinant protein nanoparticle technology of Novavax. The coronavirus vaccine candidate also contains the company’s Matrix‑M adjuvant. Takeda […]

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Bayer gets Lampit FDA approval for Chagas disease in pediatric patients

Lampit FDA approval : Bayer has bagged approval for its antiprotozoal medication Lampit (nifurtimox) from the US Food and Drug Administration (FDA) for the treatment of Chagas disease in pediatric patients, from newly born to less than 18 years of age, weighing at least 2.5kg. Chagas disease is an infectious tropical disease caused by Trypanosoma […]

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Cancer Targeted Technology gets NIH grant to support CTT1403 trial

Cancer Targeted Technology (CTT), a Seattle-based biotech company, has secured a grant of $1.44 million from the US National Institutes of Health (NIH) to support an ongoing clinical trial of a new radiotherapeutic called CTT1403 in prostate cancer. According to the company, the NIH grant has been awarded on the second year of a competitive […]

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InnovHeart raises €20m for TMVR systems for mitral valve disease

InnovHeart, an Italian medical device manufacturer, has raised €20 million in a Series B funding round for its transcatheter mitral valve replacement systems (TMVR systems) for the treatment of mitral valve disease. Existing investor Genextra, which has been the lone investor in InnovHeart since its founding in 2015, took part in the funding round. A […]

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Janssen Covid-19 vaccine candidate Ad26.COV2.S bags $1bn deal from US govt

Johnson & Johnson (J&J) said that its subsidiary Janssen Pharmaceutical has agreed to manufacture and supply 100 million doses of its SARS-CoV-2 investigational vaccine Ad26.COV2.S to the US government, in a deal worth more than $1 billion. The Janssen Covid-19 vaccine candidate will be supplied either after approval by the US Food and Drug Administration […]

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COVID-19 vaccine trials : Research Centers of America begins enrollment of healthy volunteers

Research Centers of America (RCA), an independent research site in  Broward County, Florida, said that it is currently holding COVID-19 vaccine trials, implemented under the US government’s Operation Warp Speed (OWS). The research site is enrolling volunteers to take part in the clinical trials, working with the US government and various pharma companies, which have developed […]

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