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&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.

Events

All Events

Partner-Events

Current issue

All issues

Product of the week

Products

Stock list

All quotes

TOP

  • CYTOS0.28 CHF21.74%
  • CO.DON2.57 EUR7.08%
  • EPIGENOMICS5.12 EUR5.57%

FLOP

  • BIOTEST80.10 EUR-2.17%
  • WILEX2.15 EUR-1.83%
  • BIOFRONTERA2.46 EUR-1.60%

TOP

  • CYTOS0.28 CHF86.7%
  • EPIGENOMICS5.12 EUR49.7%
  • STRATEC BIOMEDICAL49.10 EUR30.9%

FLOP

  • BIOFRONTERA2.46 EUR-15.5%
  • ADDEX3.10 CHF-9.9%
  • CO.DON2.57 EUR-8.9%

TOP

  • SANTHERA90.75 CHF2569.1%
  • CO.DON2.57 EUR144.8%
  • BB BIOTECH180.60 EUR62.8%

FLOP

  • CYTOS0.28 CHF-91.8%
  • 4SC0.92 EUR-47.1%
  • THERAMETRICS0.07 CHF-46.2%

No liability assumed, Date: 20.11.2014