Category: Intellectual property
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Harvard Spin-Off Commercializing Sepsis Treatment
9 October 2015. A new enterprise spun-off from Harvard University is developing a device for treating sepsis, a life-threatening infection often contracted in hospitals. The company, Opsonix Inc. in Boston, also raised $8 million in its first round of venture funding. Opsonix is licensing a technology for treating sepsis developed in Harvard’s Wyss Institute for…
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Allied Minds Forming Space Signaling Company
17 September 2015. Allied Minds, a research commercialization company in Boston, is forming a new enterprise harnessing space satellites to detect wireless signals from earth for maritime, emergency, and commercial applications. The company, HawkEye 360 Inc., is licensing research on radio-frequency communications from Virginia Polytechnic Institute and State University, designed initially for U.S. defense and…
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Spin-Off Formed to Develop Brain Disorder Therapies
16 September 2015. A new enterprise developing biologic therapies for disorders of the brain and nervous system is underway, spun-off from the acquisition in July 2015 of Naurex Inc. by the pharmaceutical company Allergan plc. The new company, Aptinyx Inc. in Evanston, Illinois will have many of the same team at Naurex, itself a spin-off enterprise from Northwestern…
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Celgene, Antibody Network Partner on Cancer Targets
15 September 2015. The biopharmaceutical company Celgene Corp. is collaborating with a consortium of university protein engineering labs to identify targets for antibodies that harness the immune system to treat cancer. The deal provides Celgene with an option to license antibody candidates addressing cancer targets from the consortium, known as Recombinant Antibody Network, for which…
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Seattle Children’s, Biotech Collaborate on Gene Editing
11 September 2015. The biotechnology company bluebird bio and Seattle Children’s Research Institute are partnering on gene editing technologies to treat inherited pediatric diseases. Their agreement calls for bluebird bio — the name is spelled in all lower-case characters — based in Cambridge, Massachusetts and Seattle — to provide $3 million for research on these…
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Patent Awarded for Cancer-Detecting Blood Test
10 September 2015. VolitionRx, a developer of blood tests to screen for cancer, received a U.S. patent for its underlying technology that detects changes in basic cell proteins found in blood. Patent number 9,128,086 was issued by the U.S. Patent and Trademark Office on 8 September to four inventors and assigned to the company, incorporated…
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Allied-Bristol Licensing Immunotherapy Technology
27 August 2015. Allied-Bristol Life Sciences, a joint venture of science commercialization company Allied Minds and Bristol-Myers Squibb, is licensing a new type of synthetic chemistry technology from Yale University that can stimulate the immune system to treat cancer. Financial details of the licensing agreement were not disclosed. The agreement covers a technology known as…
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Antipsychotic Drug Savings Expected as Patents Expire
21 August 2015. Medicaid is expected to save nearly $3 billion by the year 2019 from patents expiring on leading branded antipsychotic drugs, and as generic forms of those drugs replace them. Researchers from University of Maryland medical school in Baltimore made those calculations in a paper published last month in the journal Psychiatric Services…
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Antibodies to Treat Cancer Complication Licensed to Pharma
17 August 2015. Aveo Oncology, a developer of biopharmaceuticals for cancer and related diseases, is licensing its engineered antibody designed to treat cachexia, a complication of cancer and other disorders, to the pharmaceutical company Novartis. The agreement could bring Aveo as much as $326 million over the course of the collaboration. Cachexia is a metabolic…
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Intrexon Acquires Oxitec, Partners on Genetic Disorder
10 August 2015. Intrexon Corp., a biotechnology company specializing in synthetic biology, is acquiring Oxitec Ltd., a designer of genetically modified insects to control the spread of disease-bearing and agricultural pests for $160 million. Intrexon is also partnering with Synthetic Biologics Inc. to develop therapies for phenylketonuria, a genetic metabolic disorder. Intrexon, in Gaithersburg, Maryland…