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News and Trends 14 Jul 2020

€32M Series B to Fund Bleeding Medication Inspired by Snake Venom

The Dutch biotech VarmX will use the proceedings of a €32M Series B to take a blood clotting protein drug into clinical trials by 2021, as well as strengthening its manufacturing and R&D capabilities. More than 10 million patients in the US and Europe at risk of blood clots and strokes receive blood thinners that […]

July 14, 2020 - 2 minutesmins - By Kostas Vavitsas

News and Trends 13 Jul 2020

Sanofi Enlists Cell Therapy Firm Kiadis in €875M Immuno-Oncology Deal

The Dutch biotech Kiadis Pharma has licensed an off-the-shelf cell therapy program to the pharma giant Sanofi for up to €857.5M in a deal aiming to develop a combination immunotherapy for the blood cancer multiple myeloma. The preclinical-stage cell therapy that Kiadis licensed is based on genetically modifying donor immune cells called natural killer cells, […]

July 13, 2020 - 3 minutesmins - By David Wilson

News and Trends 13 Jul 2020

Forbion Raises €185M to Fuel Late-Stage European Biotechs

The Dutch life sciences venture capital firm Forbion has bagged €185M in the first closing of a fund aimed at investing in late-stage European biotech companies, which often struggle to raise capital. The main mission of Forbion’s fund — named the Growth Opportunities Fund — is to invest in European life sciences companies raising their […]

July 13, 2020 - 3 minutesmins - By David Wilson

News and Trends 10 Jul 2020

Life Sciences Fund Launches with €76M to Invest in Nordic Biotech

Stockholm and Copenhagen-based Eir Ventures has announced the closure of its first fund at €76M, which will be used to invest in biotechs and other life science companies, with a focus on the Nordics. The fund is backed by Saminvest, a venture capital company founded by the Swedish Government; Vækstfonden, the Danish state’s investment fund; […]

July 10, 2020 - 3 minutesmins - By Laura Cowen

News and Trends 9 Jul 2020

€18M to Fund First-in-Class Systemic Sclerosis Drug

One of the largest biotech placements in the Nordic countries this year will accelerate the development of a first-in-class drug for chronic inflammation conditions such as systemic sclerosis that lacks the cardiovascular risks of current medications such as aspirin. Swedish biotech Gesynta Pharma raised €18.2M (SEK 190M) in a placement supported by returning investor Industrifonden […]

July 9, 2020 - 2 minutesmins - By Victor Kotsev

News and Trends 8 Jul 2020

Osivax Raises €32M to Develop Universal Coronavirus and Influenza Vaccines

Osivax, a Lyon-based biotechnology company, secured €17.5M from the European Innovation Council and €15.1M from Bpifrance. The funding will be used to develop vaccines that protect from all current – and even future – flu and coronavirus outbreaks. Most current vaccines have a specific target protein they work against. They train the immune system to […]

July 8, 2020 - 3 minutesmins - By Kostas Vavitsas

News and Trends 8 Jul 2020

Remdesivir Becomes the First Covid-19 Treatment Approved in Europe

Remdesivir has received a one-year conditional marketing authorization from the European Commission due to the urgency of the Covid-19 pandemic, which has infected at least 2.5 million people in Europe, and killed more than 500,000. The intravenous drug, manufactured by US pharma company Gilead Sciences, is intended for adults and children over the age of […]

July 8, 2020 - 3 minutesmins - By Victor Kotsev

News and Trends 7 Jul 2020

UK Launches Clinical Trial Platform to Speed up Covid-19 Drug Development

Researchers in the UK have set up a drug testing platform to bridge the gap between preclinical testing and large-scale trials for drugs being tested to treat Covid-19. The AGILE platform is a collaboration between the University of Liverpool, the Liverpool School of Tropical Medicine, and the Southampton Clinical Trials Unit that aims to speed […]

July 7, 2020 - 3 minutesmins - By Helen Albert

News and Trends 7 Jul 2020

Hansa Biopharma Gets up to €350M to Make Gene Therapy Work in Resistant Patients

Hansa Biopharma has granted an exclusive license to Sarepta Therapeutics for developing and promoting a pretreatment aimed to make a gene therapy to treat muscular dystrophy available to people that are naturally resistant to the treatment. Gene therapy can be used to treat genetic conditions by delivering a healthy copy of the faulty gene using […]

July 7, 2020 - 2 minutesmins - By Antara Mazumdar

News and Trends 7 Jul 2020

Dutch-Swiss Team to Fight Milk Fraud with Onsite DNA Testing

Microfluidics company DigiBio and food security specialist SwissDeCode have joined forces to automate onsite milk testing and track down fraudulent adulterants such as vegetable ingredients or milk from different species. Milk is the second most likely food at risk of adulteration after olive oil. This fraudulent practice can mislead consumers at best, and cause major […]

July 7, 2020 - 3 minutesmins - By Manuela Callari

News and Trends 3 Jul 2020

CRISPR Therapeutics Announces Huge €400M Public Fundraise

The Swiss firm CRISPR Therapeutics has priced a public offering on the Nasdaq Global Market at around €400M, which it will use to develop therapies based on the gene editing tool CRISPR/Cas9 for genetic disorders and cancer. This fundraise is the second-highest global share offering from a European biotech so far this year after the […]

July 3, 2020 - 2 minutesmins - By Laura Cowen

News and Trends 3 Jul 2020

Pfizer-BioNTech Covid-19 Vaccine Shows Phase I Promise

A vaccine made out of messenger RNA (mRNA), developed by the US pharmaceutical giant Pfizer and its German partner BioNTech, has produced antibodies against the Covid-19 pathogen in healthy volunteers. The results come from an interim analysis of an ongoing phase I clinical trial in 45 participants. So far, all test subjects who received two […]

July 3, 2020 - 3 minutesmins - By Victor Kotsev

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Webinar: Organoids in cancer research - Paving the way for faster drug development across cancer indications

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News and Trends

€32M Series B to Fund Bleeding Medication Inspired by Snake Venom

Sanofi Enlists Cell Therapy Firm Kiadis in €875M Immuno-Oncology Deal

Forbion Raises €185M to Fuel Late-Stage European Biotechs

Life Sciences Fund Launches with €76M to Invest in Nordic Biotech

€18M to Fund First-in-Class Systemic Sclerosis Drug

Osivax Raises €32M to Develop Universal Coronavirus and Influenza Vaccines

Remdesivir Becomes the First Covid-19 Treatment Approved in Europe

UK Launches Clinical Trial Platform to Speed up Covid-19 Drug Development

Hansa Biopharma Gets up to €350M to Make Gene Therapy Work in Resistant Patients

Dutch-Swiss Team to Fight Milk Fraud with Onsite DNA Testing

CRISPR Therapeutics Announces Huge €400M Public Fundraise

Pfizer-BioNTech Covid-19 Vaccine Shows Phase I Promise

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Webinar: Organoids in cancer research - Paving the way for faster drug development across cancer indications

10 biotech companies leading the way in Denmark

Webinar: Advancements in antimalarial drug discovery and development

Six psychedelic drug companies aiming to revolutionize mental health treatment

Connect with decision-makers and researchers worldwide for collaborative opportunities

Subscribe to our newsletter

Advertise with us

Webinar: Organoids in cancer research - Paving the way for faster drug development across cancer indications

10 biotech companies leading the way in Denmark

Webinar: Advancements in antimalarial drug discovery and development

Six psychedelic drug companies aiming to revolutionize mental health treatment

Connect with decision-makers and researchers worldwide for collaborative opportunities

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Advertise with us

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