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Drug Discovery & Development News

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Novartis, UC Berkeley collaborate to tackle undruggable disease targets
Novartis has joined forces with researchers from the University of California, Berkeley, to develop new technologies for the discovery of next-generation therapeutics, pursuing the vast number of disease targets in cancer and other illnesses that have eluded traditional small-molecule compounds and are considered undruggable.
Drug Research > Drug Discovery & Development > News
Evotec buys stake in Exscientia to advance AI-based drug discovery
By PBR Staff Writer
Germany-based Evotec has acquired a minority stake worth €15m in Exscientia to advance the British company’s artificial intelligence (AI)-driven drug discovery.
Drug Research > Drug Discovery & Development > News
Jacobs secures contract from Ferring Pharmaceuticals for research and development headquarters in Copenhagen
Jacobs Engineering Group received an engineering, procurement, construction management and validation (EPCmV) services contract for the new Ferring Pharmaceuticals research and development (R&D) headquarters, which will be located in Copenhagen, Denmark.
Drug Research > Drug Discovery & Development > News
Autolus secures $80m series C funding
Autolus, a clinical-stage biopharmaceutical company focused on the development and commercialisation of next-generation engineered T-cell therapies, announced that it closed on a $80m (£59m) series C financing.
Drug Research > Drug Discovery & Development > News
SalvaRx, Immunova establish new JV firm Saugatuck Therapeutics
By PBR Staff Writer
SalvaRx has signed an agreement with Immunova to create a new joint venture (JV) firm Saugatuck Therapeutics.
Drug Research > Drug Discovery & Development > News
Landos Biopharma raises $10m in series A financing
Landos Biopharma, an emerging biopharmaceutical company focused on developing improved treatments for autoimmune diseases, announced that it has raised $10m in a series A financing led by life sciences investment management firm Perceptive Advisors, which will serve as its exclusive investor for the Series A round.
Drug Research > Drug Discovery & Development > News
MilliporeSigma opens China's first end-to-end biodevelopment center in Shanghai
MilliporeSigma announced the opening of its first BioReliance end-to-end biodevelopment center in the Asia Pacific (APAC) region.
Drug Research > Drug Discovery & Development > News
GSK, AstraZeneca, Labcyte form alliance to develop acoustic mass spectrometry
Labcyte announced that GSK has joined its consortium with AstraZeneca to combine acoustic liquid dispensing technology from Labcyte with Mass Spectrometry (MS) for use in high throughput small molecule screening and other drug discovery applications.
Drug Research > Drug Discovery & Development > News
Ultragenyx proposes to acquire Dimension Therapeutics
By PBR Staff Writer
Ultragenyx Pharmaceutical has made a proposal to acquire all of the outstanding shares of common stock of Dimension Therapeutics for $5.50 per share, or approximately $138m, in cash at close to be effectuated via a tender offer.
Drug Research > Drug Discovery & Development > News
Mustang Bio announces expansion of CAR T pipeline into CD20-directed immunotherapies
Mustang Bio, a Fortress Biotech company, has announced the expansion of its pipeline of CAR T therapies into CD20-directed immunotherapies.
Drug Research > Drug Discovery & Development > News
BMS to use Halozyme’s Enhanze technology to develop immuno-oncology medicines
By PBR Staff Writer
Bristol-Myers Squibb (BMS) has partnered with Halozyme Therapeutics for the development of immuno-oncology medicines.
Drug Research > Drug Discovery & Development > News
Berkeley Lights, Bayer partner for cell line development and antibody discovery
Berkeley Lights (BLI), a company dedicated to bringing to market transformational platforms for bio-pharmaceutical processes, has announced a strategic project with Bayer, focused on the innovation and acceleration of cell line development, antibody discovery, and research.
Drug Research > Drug Discovery & Development > News
Inotek Pharmaceuticals announces merger deal with Rocket Pharmaceuticals
Inotek Pharmaceuticals announced that it has entered into a definitive merger agreement with US-based gene therapy company Rocket Pharmaceuticals.
Drug Research > Drug Discovery & Development > News
Summit Therapeutics awarded BARDA contract to develop Ridinilazole for CDI
Summit Therapeutics announces that the Biomedical Advanced Research and Development Authority (BARDA), an agency of the US government's Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response, has awarded Summit a contract worth up to $62m.
Drug Research > Drug Discovery & Development > News
HitGen, Takeda enter DNA-encoded library based drug discovery research collaboration
HitGen announced that the company has entered into a research collaboration with Takeda Pharmaceutical Company to discover novel small molecule leads for multiple targets in Takeda’s therapeutic areas of interest.
Drug Research > Drug Discovery & Development > News
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