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Monday, January 10, 2011

DuPont Acquires Danisco in $6.3B Deal

Monday, January 10, 2011

Genetic Engineering & Biotechnology News
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Monday, January 10, 2011


DuPont Acquires Danisco in $6.3B Deal
Acquisition further strengthens DuPont's position in the industrial biotechnology field.

GSK Pays Epizyme $20M Up Front as Part of Histone Methyltransferase Inhibitor Deal
Development of HMT therapeutics against targets for cancer and other diseases is primary objective.

FDA Approves ProStrakan's Abstral for Breakthrough Cancer Pain
Company claims transmucosal product already has 24% share of fast-acting fentanyl market in major EU markets.

Civitas Raises $20M for Parkinson Disease Program
Company is developing a dry powder pulmonary delivery platform.

Biocartis Signs Assay Deal for Its MDx Platform with Janssen Pharmaceutica
J&J subsidiary will develop neurological disease and infectious viral disease assays.

AMT Secures Option to License Sanfilippo B Gene Therapy from Institut Pasteur-Led Consortium
AMT may acquire full commercial rights to product at end of Phase I/II trial.

Celtic Therapeutics Acquires and Licenses Rights to Resolvyx' RX-10045
Agreement will allow further development of Resolvin-based therapy.

Ardea Biosciences Gets $15M from Bayer Upon Start of Phase II Trial with Liver Cancer Compound
Ardea has received $50 million so far from its deal with Bayer, with potential to earn another $357 million.

BMS and Pharmasset to Combine HCV Candidates in Proof-of-Concept Study
Trial will fuse BMS NS5A replication inhibitor with Pharmasset's NS5B polymerase blocker.

LabCorp to Market On-Q-ity's CTC Platform for Cancer Drug Discovery and Development
Firms claim microfluidics-based system will provide early indicator of drug response.


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Analysis & Insight What Will Succeed Lipitor as the Next Blockbuster Cholesterol-Lowering Drug?
CEPT inhibitors are vying to take over from statins, but one major failure hovers ominously.     More A&Is

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1 comments:

Madison Harvey said...

Greeat blog you have

 

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