SpainSpain

Digna Biotech regains rights for inhibitor for systemic skin sclerosis

15.11.2011

Madrid/Barcelona – It was a rare example of a partnership between the two competing regions of Castile and Catalonia. Now the alliance between Digna Biotech and ISDIN has come to an end. Digna Biotech announced that it has reached an agreement with ISDIN to regain full rights to Disitertide peptide’s (P144) topical formulation for the therapy of skin conditions. Disitertide is a TGF-β1 (Transforming Growth Factor-Beta 1) inhibitor that has completed a Phase IIa trial for topical treatment of skin systemic sclerosis. “We will run this trial while also validating a primary end-point for a topical treatment on the disease as there is no one at present", said Digna's CEO Pablo Ortiz. In 2005 and 2006, EMA and FDA already had granted Disitertide (P144) Orphan Drug Designation to treat systemic sclerosis and localised scleroderma. Systemic sclerosis or scleroderma is a multi-systemic disorder characterised by the excessive synthesis and deposition of extracellular matrix proteins that leads to the fibrosis of skin and visceral organs. Digna Biotech is a University of Navarra’s spin-off biotech company funded by a group of investors representing some of the major corporations and financial institutions in Spain. It has its headquarters in Madrid.

Politics / Law

23.03.2012

Brussels/Strasbourg – Health claims are set to be drastically limited in the EU. On Wednesday 21 March the Environment Committee of the European Parliament confirmed a proposal of the European Commission to prohibit 1,600 health...

Politics / Law

15.03.2012

Parma/Stockholm – Foodborne bacteria such as Salmonella and Campylobacter are becoming more and more resistant to antimicrobial drugs, according to a joint report published by the European food watchdog EFSA and the European...

BioFunding

09.03.2012

In mid-February, scientists and entrepreneurs from nine EU countries met at the Center for Genomic Regulation (CRG) in Barcelona to launch the 4DCellFate project. Positioned within the FP7 Programme, the consortium will receive...

BioFunding

09.03.2012

Brussels – The EU’s Innovative Medicines Initiative (IMI) will establish the European Lead Factory, an EU-wide public-private partnership aiming to facilitate drug discovery efforts. The Lead Factory will comprise a...

Editorial

07.03.2012

T    he societal and economic challenges facing Europe and the world are complex and interconnected. The Bioeconomy Strategy and Action Plan “Innovating for Sustainable Growth: a Bioeconomy for Europe”, which was adopted by the...

Tech Review

07.03.2012

Intellectual Property (IP) is without question one of the most vital aspects of any bio­tech venture, a key and undisputed factor for success. However, most bio­tech companies are still incapable of unlocking the value of their...

Clinical Trial

07.03.2012

Schlieren – Swiss Cytos Biotechnology Ltd. has been authorised to restructure a convertible bond by Canton of Zurich authorities. The company does not have enough cash to pay it back. Negotiations with bond holders failed in a...

Clinical Trial

06.03.2012

Munich – German 4SC AG jumped 39% to €2.05/share after oncology drug candidate resminostat met the primary endpoint of at least a 20% progression-free survival rate in a Phase II trial to treat patients with hepatocellular...

Editorial

06.03.2012

The start of 2012 witnessed the tides turning in favour of small and mid-cap names in the European Life Sciences sector. Major global biotechnology indices like the NBI, BTK, and BIOTK are up over 15% year to date. The pace of...

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