Keyword: Biotechnology

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Gilead to pay $12 Billion for Kite Pharma

04.09.2017 - US drugmaker Gilead Sciences has agreed to pay almost $12 billion to acquire compatriot Kite Pharma. Through the cash transaction, it will gain access to Car-T, Kite’s cutting-edge...

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Samsung Bioepis and Takeda in Biologics Pact

23.08.2017 - South Korean biopharmaceutical company Samsung Bioepis is taking its first step into novel drug development with an agreement to partner Japan’s Takeda Pharmaceutical. The move...

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Monsanto Licenses ToolGen’s CRISPR Technology

22.08.2017 - Monsanto has signed a global licensing agreement with South Korean biotech ToolGen, gaining access to its CRISPR gene-editing technology. Financial terms were not disclosed. "This...

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J&J Expects Actelion Deal to Close This Week

13.06.2017 - The European Commission has approved plans by US healthcare group Johnson & Johnson to acquire Swiss biotech Actelion, thus completing all global regulatory approvals. J&J said it...

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Bicycle Gains Funds for Cancer Drug Trials

01.06.2017 - UK biotech Bicycle Therapeutics has raised £40 million from a Series B financing round to advance the development of multiple candidate drugs to treat cancers with a high unmet...

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UK Leads European Biotech Funding

01.06.2017 - A new report released by the UK BioIndustry Association (BIA) showed that the UK received the highest amount of biotech funding compared to anywhere else in Europe last year, and...

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Biogen Licenses Remedy’s Stroke Drug

19.05.2017 - Biogen has licensed a late-stage stroke drug from Remedy Pharmaceuticals. The US biotech will make an upfront payment of $120 million for Cirara (intravenous glyburide), as well as...

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South Africa Conditionally Approves Bayer-Monsanto

08.05.2017 - South Africa’s competition commission has conditionally approved Bayer’s plan to acquire Monsanto, thus becoming the first antitrust authority to do so. It will require divestments...