Research & Development

Gilead Sciences to acquire MYR

Gilead Sciences and MYR GmbH, a German biotechnology company focused on the development and commercialization of therapeutics for the treatment of chronic hepatitis delta virus (HDV), have entered into a definitive agreement pursuant to which Gilead will acquire MYR for approximately €1.15 billion in cash.

Boehringer to acquire Swiss biotech company NBE-Therapeutics for €1.18bn

Boehringer Ingelheim has agreed to acquire clinical-stage Swiss biotechnology company NBE-Therapeutics for €1.18bn for enhancing its cancer pipeline portfolio.

CYBIN signs agreement to acquire Adelia Therapeutics

Cybin, a life sciences company focused on psychedelic pharmaceutical therapies, today announced the signing of a definitive agreement to acquire 100% of the shares in Adelia Therapeutics Inc. (“Adelia”) for up to CDN$20,161,575 (approximately $15.75m) in an all-stock transaction (the “Transaction”).

Syros acquires clinical-stage drug candidate for acute promyelocytic leukemia

Syros Pharmaceuticals, a leader in the development of medicines that control the expression of genes, today announced that it has acquired from Orsenix, LLC (Orsenix) all of its assets related to SY-2101, formerly known as ORH-2014, a novel oral form of arsenic trioxide (ATO).

Janssen acquires rights to Hemera’s investigational eye-disorder gene therapy

Janssen Pharmaceuticals, a part of Johnson & Johnson, has acquired rights to investigational eye-disorder gene therapy called HMR59 from Hemera Biosciences for an undisclosed sum.

Biogen and Sage Therapeutics to jointly develop therapies in depression and movement disorders

Biogen has entered into a $1.525bn worth deal with Sage Therapeutics for the development and commercialisation of breakthrough therapies in depression and movement disorders.

Telix Pharmaceuticals acquires Swiss-German biotechnology company TheraPharm

Telix Pharmaceuticals announces it has entered into an agreement with Scintec Diagnostics to acquire TheraPharm GmbH (‘TheraPharm’), a Swiss-German biotechnology company developing innovative diagnostic and therapeutic solutions in the field of hematology.

HiFiBiO partners with Pharmsynthez and IBCh to develop and commercialise SARS-CoV-2 neutralising antibody in Russia

HiFiBiO Therapeutics announced a partnership with Russian pharmaceutical company, Pharmsynthez PJSC and Shemyakin and Ovchinnikov Institute of Bioorganic Chemistry RAS (IBCh).

Merck to buy biopharmaceutical firm OncoImmune for $425m

Merck, through a subsidiary, has agreed to acquire clinical-stage biopharmaceutical company OncoImmune for an upfront cash payment of $425m.