IrelandIreland

University of Cambridge and Elan Pharmaceutical team up against AD

29.11.2011

Dublin/Cmbridge (UK) – The University of Cambridge and Irish drugmaker Elan Pharmaceutical have joined forces in the battle against Alzheimer’s Disease. Together, the two will create a new research centre dedicated to investigating degenerative brain disorders. Elan will be investing US-$10 million in the initial five years of the collaboration, with an option to extend it by a further five years. The goal of the Cambridge-Elan Centre for Research Innovation and Drug Discovery is to discover novel compounds capable of altering the behaviour of proteins associated with neurodegenerative disorders. „Based on this understanding, in conjunction with scientists at Elan, these compounds will be translated into new treatments to prevent these diseases“, said Christopher Dobson, the John Humphrey Plummer Professor of Chemical and Structural Biology at the University of Cambridge and St. John’s College. The research will focus on the protein beta amyloid, which in the brain of Alzheimer patients aggregates and ultimately forms amyloid plaques. „Protein folding, misfolding and turnover are central to neurological disease and will be the basis for further scientific and therapeutic advancement“, commented Ted Yednock, PhD, executive vice president and head of discovery and translation for Elan. His colleague, Dale Schenk, executive vice president and chief scientific officer added that the deal would be in line with Elan’s portfolio of programs in neuroscience and supports the process of discovery which would result in a new line of therapeutics.

IrelandIreland

14.10.2009

Dublin – Amarin Corporation plc today announced it has entered into an agreement with a number of investors for a $70 million private placement. The placement of units for $70 million consists of $66.4 million in cash proceeds...

IrelandIreland

19.09.2009

Dublin – The Republic of Ireland has amended its patent law to bring it into line with the rest of Europe and make its domestic patenting system more straightforward. The government said increased levels of research in Ireland in...

IrelandIreland

10.08.2009

Dublin - The honeymoon between Elan and Biogen has been over for a long time, now the marriage of the Irish biotech company and their US partner lies in ruins. The Elan Corporation has filed suit against Biogen Idec Inc. In the...

IrelandIreland

12.07.2009

Dublin – Ireland is focussing on expanding productivity in the upstream processing of biological drugs. Science Minister Conor Lenihan has announced EUR2.3m in funding for the next 3 years aimed at delivering more efficient and...

IrelandIreland

07.07.2009

Dublin/New Brunswick – Pharma giant Johnson &Johnson will buy all assets of Irish Elan Pharmaceuticals’ Alzheimer’s Immunotherapy Programme (AIP) through a newly formed company. The new company will pay $1 billion for an 18.4%...

IrelandIreland

17.06.2009

Dublin – Trinity College of Dublin's Institute of Molecular Medicine has opened Ireland´s first next generation DNA sequencing facility. The platform, built upon the current market-leading “Illumina Genome Analyzer II“ platform,...

IrelandIreland

14.06.2009

Dublin – Trinity College Dublin spin-out Opsona Therapeutics, a specialist in autoimmune and inflammatory diseases, has announced that the Roche Venture Fund and Enterprise Ireland have committed an additional EUR3.3m to the...

IrelandIreland

22.04.2009

Dublin – Ireland fears growing rates of resistant pneumococcus in the country's hospitals. A recent report by the Health Protection Surveillance Centre (HSPC) shows that 32% of 124 clinical isolates tested were non-susceptible to...

IrelandIreland

31.10.2008

Cork – Ireland is set to lose another 180 pharma jobs after pharmaceutical giant Pfizer announced it had failed to find a buyer for one of its five manufacturing facilities in the country. For the past 18 months, the company has...

IrelandIreland

14.08.2008

Dublin/Zurich – Analyst Ian Hunter of Goodbody Stockbrokers has maintained his “add” rating on Irish Elan Corp Plc. The fair value for the pharma combine has been raised from EUR18 to EUR19. The analyst says that the company has...

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