Monthly Archives: August 2009

Abbott to collaborate with Pfizer on companion diagnostic test

Abbott has announced that it has entered into an agreement with Pfizer to develop a molecular diagnostic test intended to screen non-small cell lung cancer tumors for the presence of gene rearrangements. Pfizer has developed an investigational agent that selectively … Continue reading

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BTG sels HySolv to Novartis for up to $10 million

BTG has announced the sale of its HySolv drug delivery technology to Novartis Pharma AG for an initial payment of $0.75 million and potential additional future milestone payments of up to $9.25 million. Under the terms of the agreement, Novartis … Continue reading

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Silence Therapeutics signs siRNA delivery collaboration with Dainippon Sumitomo Pharma

Silence Therapeutics has announced that it has entered into a delivery collaboration with Dainippon Sumitomo Pharma Co., Ltd. of Japan to demonstrate the functional delivery of Silence’s proprietary siRNA molecules to specific targets. Financial details have not been disclosed.

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Endocyte earns milestone from BMS

Endocyte has announced that it has received a milestone payment from Bristol-Myers Squibb. The payment was triggered by the commencement of a Phase II clinical trial for an epothilone-folate anti-cancer agent identified through the collaboration. Bristol-Myers Squibb and Endocyte entered … Continue reading

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Phylogica close to announcing partnership

Phylogica has announced that it has been negotiating research partnerships with a number of large pharmaceutical and biotechnology companies and that some of those negotiations have now moved to a very advanced stage. Phylogica was founded and incorporated in 2001 … Continue reading

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ProStrakan partners with Endo for Fortigel in the USA

ProStrakan Group has announced that it has signed an exclusive licensing and distribution agreement for Fortigel 2% Gel in the USA with Endo Pharmaceuticals. Endo plans to market this product in the US under the brand name FORTESTATM. Under the … Continue reading

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Are European drug makers more innovative than US companies?

The WSJ is reporting new research, or rather a new analysis of old data, casting doubt on the belief that American pharmaceutical companies are more productive than European companies. The research was funded by the TI Pharma project, a collaboration … Continue reading

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Fast Forward and Amplimmune ink MS alliance

Amplimmune and Fast Forward, LLC, the National Multiple Sclerosis Society’s subsidiary designed to bridging the gap between research and drug development, have announced a collaboration to support the development of Amplimmune’s AMP-110 therapeutic candidate. The agreement with Amplimmune is the … Continue reading

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Profectus BioSciences signs collaboration with the PATH Malaria

Profectus BioSciences, a biopharmaceutical company focused on the development of novel vaccine candidates for serious chronic infections, has announced that it has entered into a research collaboration agreement with the PATH Malaria Vaccine Initiative to conduct proof-of-concept studies with its … Continue reading

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Ligand to acquire Neurogen

Ligand Pharmaceuticals and Neurogen Corporation have announced they have entered into a definitive merger agreement under which Ligand will acquire Neurogen. Under the transaction, Neurogen stockholders will receive an estimated $11 million in Ligand common stock and will be granted … Continue reading

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