Research & Development July 28, 2021 Amgen to acquire clinical stage biotechnology firm Teneobio By PBR Staff Writer Biotechnology company Amgen has agreed to acquire Teneobio, a privately held clinical stage biotechnology firm, in a deal valued at about $900m. Teneobio is developing a new class
Research & Development July 27, 2021 PerkinElmer to acquire life science antibodies provider BioLegend for $5.25bn By PBR Staff Writer PerkinElmer has signed an agreement to acquire US-based BioLegend, a life science antibodies and reagents provider, in a deal valued at about $5.25bn. BioLegend provides antibodies and reagents
RegulationApprovals July 26, 2021 EMA’s CHMP recommends EU approval for Moderna’s Covid-19 vaccine for adolescents By PBR Staff Writer The European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) has recommended marketing authorisation for Moderna’s Covid-19 vaccine, Spikevax, for adolescents aged 12 to 17
Research & Development July 23, 2021 Pfizer and Arvinas to jointly develop and commercialise breast cancer drug By PBR Staff Writer Pfizer and Arvinas have collaborated to co-develop and co-commercialise ARV-471, an investigational oral Protac estrogen receptor protein degrader. The estrogen receptor (ER) is a well-known disease driver in
Drug Manufacturing July 22, 2021 Biovac partners with Pfizer and BioNTech to manufacture Covid-19 vaccine By PBR Staff Writer Pfizer and BioNTech have signed a letter of intent with The Biovac Institute, the South African biopharmaceutical company, to jointly manufacture and distribute their Covid-19 Vaccine in the
RegulationApprovals July 21, 2021 Japan approves Roche’s Ronapreve for Covid-19 treatment By PBR Staff Writer Roche has received Japan’s Ministry of Health, Labour and Welfare (MHLW) approval for its Ronapreve to treat mild to moderate Covid-19 patients. Designed to block SARS-CoV-2 infectivity, Ronapreve
Research & Development July 20, 2021 Partners Group to acquire Pharmathen from BC Partners for $1.9bn By PBR Staff Writer Private equity firm Partners Group has agreed to acquire Pharmathen from an international investment firm BC Partners in a deal valued about $1.88bn (€1.6bn). Private pharma company, Pharmathen
Research & Development July 19, 2021 GSK to build new biotech and life sciences campus in Stevenage By PBR Staff Writer GlaxoSmithKline (GSK) has announced plans to construct a new campus for biotechnology and early-stage life science companies in Stevenage, England. The company is looking for a development partner
Research & Development July 16, 2021 Regeneron plans $1.8bn investment to expand research facilities in New York, US By PBR Staff Writer Regeneron has announced plans to invest about $1.8bn to expand its facilities at its Westchester County campus in the US, over the next six years. The company intends
Drug Manufacturing July 15, 2021 Lilly to acquire remaining shares of Protomer Technologies for $1bn By PBR Staff Writer Eli Lilly and Company is set to acquire the remaining shares of biotech firm Protomer Technologies in a deal valued more than $1bn. The latest move follows Lilly’s