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News and Trends 29 Jul 2020

Covid-19 Forces Gene Therapy Companies to Shift Strategy

Amid the Covid-19 pandemic, gene therapy companies are suffering, with clinical trials delayed and investors remaining cautious in an increasingly volatile market. Yet many have set their sights on what could potentially turn into a gold mine: applying their technology to contain the spread of the novel coronavirus. The UK’s Cell and Gene Therapy Catapult […]

July 29, 2020 - 4 minutesmins - By Victor Kotsev

News and Trends 29 Jul 2020

Update: DNA Script Raises €80M to Bring Rapid DNA Synthesis to the Lab

Update on 29/07/2020: DNA Script has increased the total raised in its Series B round to €80M ($89M). The additional funds will support the commercial launch of the company’s benchtop DNA printer, which is designed to allow same-day DNA synthesis directly in the lab bench. The company is planning to launch a beta testing program […]

July 29, 2020 - 3 minutesmins - By Clara Rodríguez Fernández

News and Trends 28 Jul 2020

Record Series A for Italian Biotech Funds Autoimmune Therapy

Italian biotech Enthera raised €28M in Series A funding to develop its drug candidate for type 1 diabetes and inflammatory bowel disease and take it to human trials. Enthera was founded in 2016 and is the first company to ‘graduate’ from the BiovelocITA accelerator program in Milan, which is supported by French life science investor […]

July 28, 2020 - 3 minutesmins - By Helen Albert

News and Trends 27 Jul 2020

Biological Fungicide Clears Wheat of Rust Disease in European Field Trial

A fungicide derived from amoeba has proven effective at protecting wheat from rust disease and other major fungal diseases at bay. Developed by French company Amoéba, this product could provide an eco-friendly solution to a growing problem in agriculture worldwide. Every year, over 5 million tons of wheat are lost to rust disease globally, which […]

July 27, 2020 - 2 minutesmins - By Kostas Vavitsas

News and Trends 24 Jul 2020

Swiss Company Raises €23M to Smash Cancer with Bacteria

Basel-based T3 Pharmaceuticals has closed its third financing round, worth over €23.3M (CHF 25M), to develop a bacterial cancer therapy. Since T3 Pharma was spun off from the University of Basel in 2015, the firm has raised €37M (CHF 40M). The fundraiser included investors such as Boehringer Ingelheim Venture Fund, Reference Capital, and Wille Finance. […]

July 24, 2020 - 2 minutesmins - By Antara Mazumdar

News and Trends 23 Jul 2020

Pharma Giant GSK and mRNA Biotech CureVac Ink €1B Deal

GlaxoSmithKline (GSK) has struck a deal worth up to €1B with the German biotechnology company CureVac to co-develop messenger RNA drugs for infectious diseases. Under the terms of the deal, GSK will fund the development and manufacturing of up to five mRNA-based vaccines and antibody drugs targeting undisclosed infectious diseases. CureVac’s current rabies and Covid-19 […]

July 23, 2020 - 3 minutesmins - By David Wilson

coronavirus COVID 19 Europe biotech lungs

News and Trends 22 Jul 2020

Inhaled Treatment Reduces Severe Covid-19 Risk by 79%

An experimental Covid-19 treatment that is delivered directly to the lungs via a nebulizer reduced the risk of mortality and the need for mechanical ventilation in a phase II trial. In the trial, the lead candidate of UK-based biotech Synairgen drove down by 79% the risk of severe disease symptoms such as requiring mechanical ventilation […]

July 22, 2020 - 3 minutesmins - By Victor Kotsev

News and Trends 21 Jul 2020

Global €870M Fund Launched to Address Antimicrobial Resistance

A global collaboration including the pharmaceutical industry and public funders such as the European Investment Bank has committed to investing €870M ($1B) in tackling the growing crisis of antibiotic-resistant superbugs. So far, over 20 pharmaceutical companies globally have contributed to the fund, called the AMR Action Fund. They are joined by other organizations such as […]

July 21, 2020 - 3 minutesmins - By Manuela Callari

News and Trends 17 Jul 2020

Russian Hackers Launch Cyber Attack on Covid-19 Vaccine Developers

The National Cyber Security Centre (NCSC) in the UK stated this week that several organizations involved in Covid-19 vaccine development in the UK, US, and Canada have been targeted in a cyber attack by a Russian hacking group known as APT29. The NCSC says that APT29, also known as ‘the Dukes’ or ‘Cozy Bear,’ is […]

July 17, 2020 - 3 minutesmins - By Helen Albert

News and Trends 17 Jul 2020

Two UK Startups Raise Seed Funding to Revolutionize Cancer Treatment

Unfazed by the financial turmoil caused by the Covid-19 pandemic, the Edinburgh-based firm Macomics and University of Cambridge spinout Spirea have each closed seed rounds this week to finance the development of novel cancer immunotherapies and more precise forms of chemotherapy. Macomics bagged €3.5M (£3.2M) in seed funding from the transatlantic VC firm Epidarex Capital […]

July 17, 2020 - 3 minutesmins - By Kostas Vavitsas

diabetic foot ulcer wound healing reapplix

News and Trends 17 Jul 2020

Danish Wound Healing Biotech Raises €20M to Accelerate US Rollout

Reapplix, a Danish biotech focusing on developing wound healing technology, has raised €19.8M in equity funding to commercialize a treatment for diabetic foot ulcers in the US. The company also announced it has received Medicare reimbursement instructions that it will receive an average of €1,420 ($1,623) for each patient in the US that receives its […]

July 17, 2020 - 3 minutesmins - By Helen Albert

News and Trends 16 Jul 2020

European Biotech Stocks Shine Amid 2020 Market Slump

As the Covid-19 pandemic leads us to the worst financial crisis in decades, normally volatile biotech stocks are outperforming most other sectors of the economy. Experts say this trend is likely to continue. Financial markets are in flux and according to a recent study by the Boston Consulting Group, the global economic slump caused by […]

July 16, 2020 - 4 minutesmins - By Victor Kotsev

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News and Trends

Covid-19 Forces Gene Therapy Companies to Shift Strategy

Update: DNA Script Raises €80M to Bring Rapid DNA Synthesis to the Lab

Record Series A for Italian Biotech Funds Autoimmune Therapy

Biological Fungicide Clears Wheat of Rust Disease in European Field Trial

Swiss Company Raises €23M to Smash Cancer with Bacteria

Pharma Giant GSK and mRNA Biotech CureVac Ink €1B Deal

Inhaled Treatment Reduces Severe Covid-19 Risk by 79%

Global €870M Fund Launched to Address Antimicrobial Resistance

Russian Hackers Launch Cyber Attack on Covid-19 Vaccine Developers

Two UK Startups Raise Seed Funding to Revolutionize Cancer Treatment

Danish Wound Healing Biotech Raises €20M to Accelerate US Rollout

European Biotech Stocks Shine Amid 2020 Market Slump

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Illuminating biotech in the City of Light: Inside Paris’s thriving ecosystem

ASCO 2025: key highlights in cancer therapeutics

New report: Artificial intelligence and the future of antibody discovery

Stem cell therapy: a potential cure for hearing loss?

Connect with decision-makers and researchers worldwide for collaborative opportunities

Subscribe to our newsletter

Advertise with us

Illuminating biotech in the City of Light: Inside Paris’s thriving ecosystem

ASCO 2025: key highlights in cancer therapeutics

New report: Artificial intelligence and the future of antibody discovery

Stem cell therapy: a potential cure for hearing loss?

Connect with decision-makers and researchers worldwide for collaborative opportunities

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Advertise with us

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