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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

FinancingSwitzerlandEU

29.04.2016 Swiss bank Group UBS has raised US$471m (€412m) for the UBS Oncology Impact Fund, which was set up to invest in early-stage cancer treatments. The money raised by the fund, nearly half of which comes from investors in Asia, is the largest amount ever raised for such a cancer investment fund.

Industry reportGermany

27.04.2016 More revenue, more jobs, more financing, more R&D expenditure – all signs point towards sustainable growth in the German biotech sector. These are the results of the most recent company survey 2016, published by biotechnologie.de. The report was once again conducted alongside the biotech standards defined by the organisation for economic cooperation and development (OECD).

Clinical ResearchFrancePortugal

21.04.2016 An expert panel’s final report on the fatal drug trial earlier this year in France states that the death of one of the participants was most likely caused by the drug’s toxicity and not by any violation of the rules.

Immuno-oncologyNetherlandsBelgium

21.04.2016 For up to US$685m (€606m), Dutch ArgenX has outlicensed its human antibody programme ARGX-115 to AbbVie. The pre-clinical immuno-oncology candidate targets a protein believed to contribute to immunosuppressive effects of T-cells.

RegulatorySwitzerlandEU

20.04.2016 The US government is forking out up to US$100m to get Basilea Pharmaceutica’s broad-spectrum antibiotic ceftobiprole on the US market. In the EU, ceftobiprole is already available.

Immuno-oncologyUK

19.04.2016 British drug developer Heptares Therapeutics and mAb maker Kymab Ltd have partnered up in yet another immuno-oncology collaboration. The companies plan to discover antibody meds targeting a superfamily of receptors.

FinancingSwitzerlandFranceEUGermanyDenmark

15.04.2016 Not every company is put off by the current stock market climate. Swiss biopharma company GeNeuro has gone public at Euronext Paris, raising €33m in the process. Others, meanwhile, have to find different ways to raise money.

Event ReviewSwitzerlandBelgiumEU

13.04.2016 Despite political disturbances, 2015 was a good year for the biotech scene in Switzerland. Net sales increased by 5.1% to CHF5,133m and 400 additional people found jobs in the sector. As usual, the new numbers were presented at the annual Swiss Biotech Day – which set new records as well.

FinancingGermanyNetherlandsEU

12.04.2016 German-Dutch life science investment specialist Forbion Capital Partners has raised more than €180m for its venture capital fund Forbion Capital Fund III. Once more the money will primarily go to European start-ups.

Event ReviewGermanyEU

08.04.2016 Do you win by being innovative?, was the question asked at this year’s DIA Euromeeting in Hamburg. In a relaxed and cooperative atmosphere, regulators, physicians and patients had ample opportunity to interact with the healthcare industry.

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