News

Drug discovery centres join forces
Enlarge image

ResearchUKBelgiumGermany

Drug discovery centres join forces

22.01.2013 - Four European top-notch translational health research centres have joined an alliance to accelerate global drug development.

The Global Alliance of Leading Drug Discovery and Development Centres, which pools the expertise of renowned drug development service centres, has the ambitious goal to ultimately improve the rate at which academic research is translated into new medicines. However, the centres are no white spots on the map: the founding organisations include the Canadian Centre for Drug Research and Development (CDRD); the Lead Discovery Center (LDC), Germany; the Scripps Research Institute, La Jolla (US); the Centre for Drug Design and Discovery (CD3), KU Leuven, Belgium; as well as UK-based MRC Technology and Cancer Research Technology.  

Dr. Bert Klebl, Managing Director and Chief Scientific Officer of the Lead Discovery Centre stressed, “By joining forces and sharing complementary expertise and infrastructure, we will be even more effective in closing the gap between basic research and industry to the benefit of patients.” The centres said they represent close to 400 drug developers collaborating with tens of thousands of academic scientists around the globe on more than 165 therapeutic projects. The alliance wants to establish itself as partner for the biopharmaceutical industry.  

Under the terms of the collaboration agreement, member organisations will collaborate on mutually-beneficial projects, share best practices, expertise and resources, and develop common standards and performance measurements - ultimately working together to improve the conversion of global early-stage technology into much needed therapies. Karimah Es Sabar, President and CEO of CDRD commented, “We see a multitude of translational research initiatives around the world, but until now, these have for the most part, worked in isolation of one another. This Alliance will be a powerful vehicle in bringing such organisations together, leveraging one another's strengths, and ultimately making for a much more effective global translational research environment.”

© eurobiotechnews.eu/tg

http://www.european-biotechnology-news.com/news/news/2013-01/drug-discovery-centres-join-forces.html

M&AUKItaly

17.10.2014 One of the biggest pharma mergers of the year has been called off. Abbvie has dropped plans to acquire UK’s Shire following new US tax rules.

FinancingUKBelgium

15.10.2014 Bicycle Therapeutics wins €25m backing by major pharma venture capitalists for the development of a new class of oncology drugs.

FinancingGermanySwitzerlandNetherlands

13.10.2014 Biotechnology IPOs are back in fashion – German Probiodrug AG wants to raise €32m with its IPO, whilst Swiss Molecular Partners AG hopes the launch of its IPO will gain a revenue of €145m.

BusinessIreland

10.10.2014 Actavis has announced plans to merge with American pharma company Durata - a move that will strengthen their infectious diseases portfolio.

RegulationEU

07.10.2014 In an unprecedented move, the European Medicines Agency has approved a system allowing the future analysis of clinical trial data.

FinanceNetherlandsEU

06.10.2014 Another fund from the Netherlands has raised €92m in its first close and will invest the money in companies developing innovative therapeutics, medical devices and diagnostics.

FinanceNetherlandsUKSwitzerland

03.10.2014 Dutch venture capitalist LSP has achieved its monetary milestone by raising €80m for its fifth fund - with a goal of €150m.

PoliticsEULithuaniaPoland

02.10.2014 New EU commission chief Jean-Claude Juncker is on the defensive after members of Parliament and NGOs criticised his reorganisation of the health technology units.

EbolaEUFrance

30.09.2014 In the face of the Ebola outbreak sweeping the West African countries, the EMA has started to review investigational treatments for the deadly virus disease.

FinancingSwitzerlandGermanyNetherlandsFrance

26.09.2014 Biotechnology has made the news in the stock market this month, as a wave of companies announced plans to launch IPOs on European exchanges later this year.

Events

All Events

Current issue

All issues

Product of the week

Products

Stock list

All quotes

TOP

  • 4SC0.88 EUR0.00%
  • ACTELION98.55 CHF0.00%
  • ADDEX3.20 CHF0.00%

FLOP

  • CYTOTOOLS31.45 EUR-0.47%
  • 4SC0.88 EUR0.00%
  • ACTELION98.55 CHF0.00%

TOP

  • BIOFRONTERA2.84 EUR29.1%
  • ADDEX3.20 CHF3.2%
  • CYTOTOOLS31.45 EUR0.0%

FLOP

  • CYTOS0.15 CHF-37.5%
  • PAION2.16 EUR-29.2%
  • MOLOGEN5.53 EUR-28.2%

TOP

  • SANTHERA80.55 CHF2088.9%
  • CO.DON2.44 EUR149.0%
  • PAION2.16 EUR134.8%

FLOP

  • CYTOS0.15 CHF-96.2%
  • 4SC0.88 EUR-50.0%
  • THERAMETRICS0.07 CHF-50.0%

No liability assumed, Date: 19.10.2014