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EC launches innovation partnerships to foster sustainable research

02.03.2012 - With three new Innovation Partnerships, the European Commission (EC) intends to eliminate weaknesses, bottlenecks and obstacles in the European research and innovation system.

The key challenges to be met are the supply of raw materials, sustainable agriculture, and active and healthy ageing. It’s the Commission’s view that all three require a more concerted innovation effort across the public and private sector, in order to improve quality of life and position Europe as a global leader. The agricultural productivity and sustainability partnership aims at the reversal of the recent trend of diminishing productivity gains and targets to improve soil quality to a satisfactory level by 2020. In order to increase innovation supporting exploration, extraction and processing of raw materials, the Commission launched the raw materials partnership. The project is set to improve recycling of electronic equipment and other waste and calls for the development of substitutes for critical raw materials. Finally, the European Innovation Partnership on active and healthy ageing seeks solutions for the demographic change in Europe. The number of European citizens aged 65 and over will double over the next 50 years. This poses the European care and social systems to a challenge and calls for redesigning these systems in the interest of patients, healthcare systems and the innovative industry. 

http://www.european-biotechnology-news.com/news/news/2012-01/ec-launches-innovation-partnerships-to-foster-sustainable-research.html

M&AIreland

19.11.2014 It’s not every day that a company is pushed into the top ten of its sector, but that day has come for Actavis. Christmas came early for the new pharma giant after completing a US$66bn (€53bn) takeover battle for the Botox manufacturer Allergan.

Drug DevelopmentGermany

18.11.2014 Merck KGaA and US rival Pfizer have signed a immuno-oncology alliance worth billions: Merck will share the development and commercialisation of its cancer antibody with its US partner – for €2.3bn.

FinanceFrance

14.11.2014 Cosily coinciding with World Diabetes Day on 14th November, French biopharma Les Laboratories Servier has struck a US$1bn deal with US pharma Intarcia Therapeutics for the exclusive rights to Intarcia’s unprecedented therapy for type 2 diabetes.

AwardsFranceGermanySweden

12.11.2014 Glitz and glamour are not words often used to describe science and mathematics. But once a year, celebrities from the science and showbiz world come together at the Breakthough Prizes, a glitzy television bash that honours scientists for their achievements. French life scientist Emmanuelle Charpentier was among this year’s winners.

ResearchEU

10.11.2014 EFPIA’s specialised group Vaccines Europe and the Innovative Medicines Initiative (IMI) have launched a €280m Call for proposals aimed to address the Ebola crisis.

Trade fairGermanyEU

07.11.2014 3,200 participants from 54 countries attended the 20th issue of BIO-Europe. The overall mood of the European biotech sector was modestly optimistic.

AcquisitionGermanyUKSweden

05.11.2014 German Definiens AG has a new owner: Astrazeneca’s biologics R&D arm Medimmune has taken over all the shares of the imaging specialist for US$150m.

AcquisitionSwedenDenmarkUK

04.11.2014 Galecto Biotech has entered an agreement with Bristol-Myers Squibb for the acquisition of the company and its lead drug, providing the Swedish company with the potential of reaching over US$400m.

FinancingSwedenNorway

31.10.2014 Another biotech is leaving the European market place in favour of a US IPO. Swedish Cortendo is now planning to go public in the US after raising €8.8m in bridge financing.

FinancingUK

29.10.2014 British VC fundraiser Advent Life Sciences has raised €184m with its second fund. The money will help seed and build life sciences companies in the UK, Europe and the US, the company said.

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No liability assumed, Date: 21.11.2014