Tag: licensing
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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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Genome Editing Biotech Gains $70M in Venture Funds
1 September 2015. Intellia Therapeutics, a developer of therapies that edit human genomes to fix inherited disorders, raised $70 million in its second round of venture financing. OrbiMed HealthCare Fund Management led the funding round for the Cambridge, Massachusetts enterprise, with new and current investors taking part. Intellia Therapeutics, founded in November 2014, is a…
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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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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…
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Peanut Allergy Therapy Company Raises $160 Million in IPO
6 August 2015. Aimmune Therapeutics Inc., a developer of treatments for peanut and other food allergies, raised $160 million from its initial public stock offering, pricing its 10 million shares at $16.00. Shares in the Brisbane, California company trade on the Nasdaq exchange under the symbol AIMT. Shares closed today (6 August), priced at $24.10…
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Pharma Licenses University Antibiotic Enhancements
5 August 2015. Technologies that remove side-effect causing toxicity from gentamicin, a powerful antibiotic drug, are being licensed from two universities by La Jolla Pharmaceutical Company. Financial terms of the agreements between the San Diego biopharmaceutical developer and University of Alabama in Birmingham and University of Indiana were not disclosed. Gentamicin is one of a…