30.11.2012 - Selecta Biosciences and Sanofi have signed a global collaboration to develop antigen-specific immunotherapies for up to three allergy indications.
The US-based biotech has developed a synthetic vaccine particle technology which is now being licensed to the French pharma for up to US$900m including a number of milestone payments. The agreement gives Sanofi the right to develop a therapy to fight an immune response triggered by a life-threatening food allergen. Furthermore, Sanofi may develop two other compounds. The pharma got in touch following the lure of the technology discovered in the lab of Bob Langer at the MIT.
Selecta engineers nanoparticles with the structure required to stimulate immune tolerance thereby controlling overactive response to antigens. Selecta won substantial backing from RusNano last autumn, agreeing to set up operations in Russia as part of the deal. Privately held Selecta is a shooting star since its foundation in 2008, raising more than US-$32m in three venture rounds, finally attracting the attention of Rusnano. Last year, the US$10bn Russian fund joined Selecta’s existing investor base. The consortium spent US$47.25m to broaden the company’s R&D capabilities and accelerate its pipeline of vaccines and immunotherapies.
29.08.2014 Just a week ago, Glaxosmithkline defused the WHO’s claim that an Ebola vaccine could be ready by 2015. Now, the British company’s own candidate vaccine is to be rushed to human trials with the help of funding from an international consortium.
24.08.2014 Germany's Morphosys is licensing a preclinical bi-specific antibody for the treatment of prostate cancer from Emergent Biosolutions. The US developer will rake in up to €138m for the commercialisation rights to the compound.
20.08.2014 Biopharmaceutical contract manufacturer Fujifilm Diosynth Biotechnologies is expanding its cell culture manufacturing capacity further with a new 2,000l single-use bioreactor at the company’s site in Billingham, UK.
08.08.2014 Boehringer Ingelheim is walking away from Swedish Orexo's prostaglandin inhibition project OX-MPI. Germany's largest researching pharmaceutical company had been responsible for the project's research and development since 2005.