Tufts Optimistic about Drug Development
January 24th 2007In its Outlook 2007 report on pharmaceutical and biotech development, the Tufts Center for the Study of Drug Development (CSDD) says drug developers should be optimistic despite a growing list of development challenge including rising R&D costs, increasing regulatory stringency, and mounting public hostility over safety and end-user costs.
Acambis Successfully Delivers on ACAM2000 Smallpox Vaccine Order
January 24th 2007Acambis (Cambridge, UK, www.acambis.com) successfully delivered 10 million doses of ACAM2000 smallpox vaccine to the US Centers for Disease Control and Prevention in December 2006, generating revenue of approximately ?16 million, which will be recognized in the last quarter of 2006.
FDA to Review Manufacturing Change Regulations
January 24th 2007The Food and Drug Administration (Rockville, MD, www.fda.org) has announced a public meeting on February 7, 2007, to solicit comments that FDA should consider when developing revisions to its regulations regarding chemistry, manufacturing, and controls (CMC) supplements, and other changes to approved marketing applications for human drugs.
Elusys and Pfizer Join Hands for New Therapeutics
January 24th 2007Elusys Therapeutics, Inc. (Pine Brook, NJ, www.elusys.com), a biotechnology company developing targeted anti-infective antibodies to fight life-threatening infections, has entered into an exclusive collaborative research and license agreement with Pfizer, Inc. (New York, NY, www.pfizer.com) to develop new therapeutics for select infectious diseases using Elusys's HP antibody technology.
Lonza and Bio*One Capital to Construct Cell Culture Facility
December 20th 2006Lonza Group Ltd. (Basel, Switzerland, www.lonza.com) and Bio*One Capital (Centros, Singapore, www.bio1capital.com) have signed a joint venture - Lonza Biologics Tuas - to build a large-scale mammalian cell culture facility in Singapore for the manufacture of commercial biopharmaceuticals.
Genentech Inks $300 Million Drug Pact with AC Immune
December 20th 2006Genentech, Inc. (San Francisco, CA, www.genentech.com) and AC Immune, Ltd. (Lausanne, Switzerland, www.acimmune.com), a Swiss Biotech company developing therapies against Alzheimer's disease, have entered into an exclusive global license agreement and research collaboration for the development of anti-beta-amyloid antibodies for the potential treatment of Alzheimer's disease and other human diseases.
Introgen Adapts Nanotechnology for Protein Delivery
November 29th 2006Introgen Therapeutics (Austin, TX, www.introgen.com) has acquired a new license from the University of Texas MD Anderson Cancer Center for a nanotechnology delivery system, covered by US Patent application 20060251726, dated November 9, 2006, for proteins and peptides.
Genentech Buys Tanox for $919 Million
November 29th 2006Genentech (South San Francisco, CA, www.gene.com) announced on November 9 that it will acquire Tanox, Inc. (Houston, TX, www.tanox.com), a biotechnology company specializing in the discovery and development of biotherapeutics based on monoclonal antibody technology.
Biotech Development Costs Higher Than Pharmaceuticals
November 29th 2006A recent study by the Tufts Center for the Study of Drug Development (CSDD, http:csdd.tufts.edu) shows that development costs are higher for biotechnology products than previously estimated development costs for traditional pharmaceuticals.
Merck Strengthens Expertise in RNAi Technology
November 29th 2006Merck & Co., Inc. (Whitehouse Station, NJ, www.merck.com) will purchase Sirna Therapeutics (San Francisco, CA, www.sirna.com), a biotechnology company developing a new class of medicines based on RNA interference (RNAi) technology, for $1.1 billion.
GTC Biotherapeutics Collaborates With LFB Biotechnologies
October 26th 2006GTC Biotherapeutics (Framingham, MA, http://www.gtc-bio.com) and LFB Biotechnologies (France) have signed an agreement to collaborate in the development of selected recombinant plasma proteins and monoclonal antibodies using GTC's transgenic production platform.