FranceFrance

BioAlliance plans to raise 16 million Euro

05.07.2011

French Biotech BioAlliance Pharma S.A. has announced plans to raise up to
EUR 16.6 million through the sale 3.4 million shares at EUR 4.90 in a rights
issue. The price is a 20% discount to BioAlliance's closing price of EUR
6.10 prior to offering announcement.

BioAlliance Pharma will use the capital raised to continue the development
program of Livatag, a treatment of primary liver cancer, that has shown
prolonged survival in a phase II trial. The company estimates the peak sales
of the nanoparticle formulation of doxorubicin to be close to 1 billion
Euro. Furthermore, the company plans to complement its orphan products
portfolio, in addition to the three products already in clinical phase, in
order to maximise market access opportunities.

Shareholders of BioAlliance Pharma will be eligible to purchase one share
for every four shares held. Invest Securities is manager and bookrunner.
BioAlliance's antifungal agent Loramyc miconazole is already approved in 26
EU countries, South Korea and the U.S. to treat oropharyngeal candidiasis.

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28.03.2012

Minneapolis/Banzancourt – Bioamber Inc. is one step closer to the environmental summit. The company's goal is to establish sustainable, "green" chemistry on an industrial scale. The French/US enterprise has now scaled up its...

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14.03.2012

Sophia Antipolis/ Madison – French NicOx S.A. and the global eye health specialist Bausch & Lomb have announced positive top-line results from their phase 2b dose finding study with BOL-303259-X, a nitric oxide-donating version...

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13.03.2012

Paris/Barcelona – French pharma company Sanofi strengthens its ties with the Spanish research institution CGR (Center for Genomic Regulation) in Barcelona. CGR stated on 12 March that the two partners agreed upon three years of...

FranceFrance

06.03.2012

Lyon – The sale of 1.6 million shares brought in €25.3m for French Adocia SAS during its IPO on the Euronext Paris. The price of €15.88 values the diabetes specialist at €96.1m at the upper end of the bookbuilding range. Late...

FranceFrance

05.03.2012

Pointing to a new study on Syngenta’s GM maize Bt11, France’s Environment Ministry has asked the European Commission to suspend authorisation for the use of the MON810 maize sold by US agri­biotech giant Monsanto as well. The...

FranceFrance

27.02.2012

Cambridge - Genzyme will shut the doors at its Cambridge R&D site by the end of the year, with up to 60 employees expected to lose their jobs. The move is part of an ongoing global restructuring of R&D by Sanofi, who purchased...

FranceFrance

07.02.2012

Lille – Shares of the French diabetes specialist Genfit S.A. almost doubled when the company published results of its Phase II study with the PPAR alpha and delta modulator GFT505. The compound has met the co-primary and...

FranceFrance

06.02.2012

Shares of the French diabetes specialist almost doubled when the companypublished results of its Phase II study with the PPAR alpha and deltamodulator GFT505. The compound has met the co-primary and secondaryendpoints while...

FranceFrance

02.02.2012

Bagneux - DBV Technologies is planning an IPO on Euronext Paris. The French pharmaceutical group specialising in the treatment of allergies was founded in 2002. DBV's proprietary technology Viaskin is used to administer an...

FranceFrance

12.01.2012

Berlin/Paris – Sanofi Pasteur has licensed a yeast strain from German Organobalance to produce vaccines. With the deal, the vaccines division of the French drugmaker will gain exclusive access to a modified strain of...

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