Category: Joint ventures/collaborations
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MD Anderson, AbbVie Partner on Immunotherapies
22 January 2016. MD Anderson Cancer Center and pharmaceutical company AbbVie are collaborating on new treatments for cancer than harness the body’s immune system. Financial and intellectual property aspects of the three-year partnership were not disclosed. MD Anderson is part of the University of Texas system in Houston. The agreement gives AbbVie, in Chicago, access…
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BD to Create In-House Health Care Tech Start-Ups
21 January 2016. Medical device maker Becton, Dickinson and Company plans to create new health care technologies on an entrepreneurial model, working with Singularity University in Silicon Valley. Financial aspects of the collaboration were not disclosed. Becton, Dickinson, or BD in Franklin Lakes, New Jersey manufactures medical devices and equipment, as well as diagnostics instruments…
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Organovo, UC-San Diego Partner on 3-D Liver Tissue
15 January 2016. Organovo Holdings and University of California in San Diego are collaborating on isolating and better understanding human liver cells for the production of 3-D printed liver tissue. Financial and intellectual property aspects of the agreement were not disclosed. Organovo designs and produces human tissue for research and transplant, using its own bio-printing…
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Boehringer, Arena to Discover Neurological Drugs
13 January 2016. Pharmaceutical companies Boehringer Ingelheim and Arena Pharmaceuticals Inc. are collaborating on discovery of new therapies for schizophrenia and other neurological disorders. The partnership could bring Arena, in San Diego, as much as $262 million. Arena Pharmaceuticals is a biopharmaceutical company developing therapies for disorders related to G protein-coupled receptors, or GPCRs, proteins…
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Grünenthal Group to Commercialize Duchenne Therapy
8 January 2015. Grünenthal Group, a German pharmaceutical company, is licensing a treatment candidate for Duchenne muscular dystrophy developed by Akashi Therapeutics, a biopharmaceutical company created by organizations advocating for research on the disease. While full financial details of the agreement were not disclosed, Grünenthal says it’s committing more than $100 million to the venture.…
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Biotechs to Develop Antibody Therapies, Explore Merger
8 January 2016. Two biotechnology companies in Vancouver agreed to collaborate on developing antibody treatments for cancer, with an option to merge their enterprises later on. The deal calls for Zymeworks Inc. to make an undisclosed equity investment in Kairos Therapeutics Inc. Zymeworks is also receiving $US 61.5 million in its first venture funding round.…
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Phillips, Banyan Partner on Point-of-Care Concussion Test
7 January 2016. A collaboration between electronics manufacturer Royal Phillips and medical diagnostics company Banyan Biomarkers Inc. is developing a handheld blood test for concussions and other mild traumatic brain injuries. Financial and intellectual property aspects of the partnership were not disclosed. Traumatic brain injury is caused by a blow or jolt to the head,…
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Monsanto, Biotech Developing Soil Nutrient Microbe
6 January 2016. A partnership between Monsanto and the biotechnology company Novozymes developed a new soil microbe product, which the companies say in field tests substantially increases corn yields. The collaboration known as BioAg Alliance plans to introduce the corn inoculant product in the U.S. next year. Novozymes, an agricultural biotechnology company in Copenhangen, Denmark,…
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Rodin, Biogen Partner on Neurological Epigenetics
6 January 2016. The biotechnology company Rodin Therapeutics is collaborating with Biogen, another biotech enterprise, in developing treatments based on epigenetics for neurological disorders. The agreement includes a $17.3 million equity investment in Rodin by Biogen and venture investor Atlas Venture, with an option for Biogen to acquire Rodin that provides further payments valued as…
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Airway-on-Chip Model Simulates Asthma, COPD
22 December 2015. A biomedical engineering lab at Harvard University developed a small chip device that acts as a model of human airways to study biological processes and test drugs for diseases such as COPD and asthma. A team from Harvard’s Wyss Institute for Biologically Inspired Engineering describe the device in yesterday’s issue of the…