UKUK

Chroma signs cancer collaboration with Cell Therapeutics

15.03.2011

Oxford/Seattle – British Chroma Therapeutics Ltd has licensed co-development and marketing rights for its oral cancer drug candidate tosedostat to US-based Cell Therapeutics Inc. According to the agreement, Cell Therapeutics will pay an upfront fee of US$5m and a milestone of US$5m when the M1/17 aminopeptidase blocker, which is currently in phase II as treatment for elderly patients with relapsed or refractory acute myeloid leukemia (“AML”), reaches the pivotal phase III stage expected in Q4/2011. Cell Therapeutics will fund three quarters of the development costs, projected at US$50m for tosedostat, which has obtained US and EU Orphan drug status. In exchange, the company will get exclusive marketing and co-development rights in North, Central and South America. The agreement also includes customary development-based milestone payments related to AML, myelodysplastic syndrome and certain other indications, as well as royalties on net sales in Cell Therapeutic’s territories.

UKUK

22.12.2011

London - Nothing is well if the end is not well. For Astra Zeneca the end of 2011 isn't well at all. A new anti-ovarian cancer drug and a planned antidepressant have underperformed in tests. As a result, AstraZeneca will take a...

UKUK

17.12.2011

Surrey – The UK government is investing an additional £80m (€93.5m) to fund continued development of the Institute for Animal Health (IAH) at Pirbright, an institute of the Biotechnology and Biological Sciences Research Council...

UKUK

15.12.2011

Rijeka/London – Allergies like asthma or psoriasis might arise from environmental toxins, suggest researchers from Rijeka University (Croatia) and King’s College (London). In mice, they identified a special population of T cells...

UKUK

13.12.2011

London – Interesting times ahead in the European cancer treatment market. A report states that in the UK alone, diagnosis and treatment costs are likely to increase by 62%, from £9.4 billion in 2010 to £15.3 billion by 2021. The...

UKUK

12.12.2011

York - Tissue Regenix Group plc plans to raise €29m through the sale of 181.8 million shares. The regenerative medical device company is held within the IP Group portfolio and a spin-out company from the University of Leeds. The...

UKUK

11.12.2011

London – Cancer Research UK has begun recruiting patients in the first phase of its Stratified Medicine Programme, which is aimed at finding cancer biomarkers and establishing a genetic testing service in the UK. The charity’s...

UKUK

06.12.2011

London – British Prime Minister David Cameron is trying to come to the rescue of Britain’s embattled biopharmaceutical industry. He has earmarked €210m to support a “biomedical catalyst fund” to back early-stage academic and...

UKUK

06.12.2011

London - David Cameron plans to come to the rescue of Britain's embattled biopharmaceutical industry. The conservative prime minister has earmarked £180m (€210 million) to support a "biomedical catalyst fund" to back ...

UKUK

25.11.2011

Cancer Research UK has started recruiting patients in the first phase of its Stratified Medicine Program, which is seeking to find cancer biomarkers and establish a genetic testing service in the U.K. The charity's multi-million...

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