Acquisition - April 9, 2015
Smart Wise Buys KI Device Rights
The sale of the rights to Karolinska Institutet Innovations AB project Extroducer to the company Smart Wise AB is KI Innovations second major deal in fewer than six months. The device is a microcatheter with unique features that make it possible to deliver drugs directly to hard- to-reach organs. The microcatheter was developed by three researchers in […]
Uncategorized - April 8, 2015
New Epilepsy Unit at Uppsala U.
A new department for the investigation of severe epilepsy has opened at Uppsala University Hospital. Patients can be examined with new EEC-and camera equipment and the department is staffed 24 hours a day, five days a week. The target population for the new department is people with severe epilepsy who have frequent, recurrent attacks that […]
Biotech Business - April 8, 2015
Biotech Peer Group Profits Up
Combined total revenues for a peer group of 35 mid-cap biotech companies increased from $24.8 billion in 2013 to $26.5 billion in 2014, a Compound Annual Growth Rate (CAGR) of 21.9 percent, according to research and consulting firm GlobalData. The latest report from GlobalData notes that this growth rate was somewhat slower than during the […]
Clinical Trials - April 8, 2015
Positive Data for Hepatitis Drug
New clinical data for Medivir AB’s once-daily HCV protease inhibitor simeprevir were presented at the 24th Conference of the Asian Pacific Association for the Study of the Liver (APASL) in Istanbul, Turkey, recently. Six oral and poster presentations were held on three clinical studies involving several development programs including simeprevir in different treatment combinations, durations […]
Acquisition - April 7, 2015
Depomed Buys US Rights to Janssen Franchise
Depomed, Inc. has closed the acquisition of the U.S. rights to the NUCYNTA franchise from Janssen Pharmaceuticals, Inc. for $1.05 billion. The NUCYNTA franchise includes NUCYNTA® ER (tapentadol) extended release tablets indicated for the management of pain, including neuropathic pain associated with diabetic peripheral neuropathy (DPN), an immediate release version of tapentadol, for management of moderate to severe […]
Uncategorized - April 7, 2015
Researchers Find New Bacteria
A consultant and his colleague at the laboratory department at the University of Southern Denmark discovered bacteria they had never seen before in a sample taken from a patient with blood poisoning. “We ran a number of comprehensive DNA analyses in an attempt to find out what we had found,” explains Ulrik Stenz Justesen, an […]
