News

Sobi partners RA drug
Enlarge image

BusinessSweden

Sobi partners RA drug

20.02.2013 - Sobi and Savient Pharmaceuticals will co-market the Swedish company's arthritis drug Kineret (anakinra) in the U.S.

The copy of the human IL-1 receptor antagonist, which is produced in E. coli bacteria, reduces the symptoms and progression of rheumatoid arthritis (RA) by binding the access of IL-1 that causes inflammation in the joints. With the agreement Swedish Orphan Biovitrum (Sobi) hopes to expand its reach to US physicians, said Sobi COO Alan Raffensperger.

Savient's specialised sales force has strong, established relationships with rheumatologists in the US. "Kineret complements the strategic direction and focus of Savient, as we continue to build upon our existing relationships with rheumatologists and patients while marketing our own product, Krystexxa“, said Lou Ferrari, President and Chief Executive Officer of Savient.

Under the terms of the agreement, Sobi has granted to Savient the exclusive right to co-promote the sale of Kineret with Sobi in the US. Savient will market and promote Kineret beginning April 1, 2013. Sobi will remain responsible for all Kineret commercial drug manufacturing, supply, safety, and regulatory activities.

Kineret is approved as second line treatment for moderately to severely active rheumatoid arthritis (RA), in patients 18 years of age or older who have failed one or more disease modifying anti-rheumatic drugs (DMARDs).

© eurobiotechnews.eu/tg

http://www.european-biotechnology-news.com/news/news/2013-01/sobi-partners-ra-drug.html

FinancingNetherlands

23.09.2014 Dutch Biotech VC firm Aglaia has launched a new US$65m fund targeted towards biotechnology startups working on groundbreaking technologies aimed at preventing and curing cancer.

BusinessGermany

19.09.2014 In order to concentrate on the life science business, German industry giant Bayer is splitting off its plastics subgroup as a separate company.

FinanceSwitzerland

18.09.2014 Swiss biopharma Cardiorentis has received a €45m investment from overseas investment firm Healthcare Royalty Partners in order to finance the registration for its heart drug.

PoliticsEU

15.09.2014 Jean Claude Juncker, the European Commission President-elect revealed his new Commissioners last week, whilst announcing a change in the units dealing with medicines, medical devices and health technology.

BiosimilarsGermanyFrance

12.09.2014 The 2011 collaboration of Boehringer Ingelheim and Eli Lilly is bearing fruit. An insulin biosimilar developed through the partnership has now been approved in Europe - the first-ever generic version of this class.

FinancingNetherlands

11.09.2014 Cystic fibrosis specialist Proqr Therapeutics has set the terms for its upcoming IPO at US-American stock exchange NASDAQ.

Clinical TrialsUKSweden

09.09.2014 In the midst of the hustle and bustle of the European Respiratory Society’s International Congress 2014, Astrazeneca quietly announced the disappointing results of its latest benralizumab study.

BusinessDenmark

04.09.2014 After their arthritis product’s Phase IIb failure, Novo Nordisk A/S is pulling out of all research and development activities within inflammatory disorders.

BusinessBelgiumIrelandSwitzerland

02.09.2014 In the face of declining revenue, Belgian biopharmaceutical company Thrombogenics has decided to spin out its cancer research and development activities.

ResearchUKSwitzerlandItaly

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.

Events

All Events

Partner-Events

Santiago de Compostela (ES)

BioSpain 2014

Current issue

All issues

Product of the week

Products

Stock list

All quotes

TOP

  • THERAMETRICS0.09 CHF12.50%
  • MERCK KGAA72.63 EUR4.35%
  • MAGFORCE7.30 EUR4.29%

FLOP

  • CYTOS0.21 CHF-8.70%
  • WILEX2.22 EUR-5.93%
  • CO.DON3.08 EUR-5.81%

TOP

  • PAION3.25 EUR31.0%
  • CO.DON3.08 EUR23.2%
  • EPIGENOMICS3.80 EUR22.6%

FLOP

  • CYTOS0.21 CHF-19.2%
  • ADDEX3.25 CHF-18.8%
  • MEDIGENE3.86 EUR-17.0%

TOP

  • SANTHERA89.30 CHF2132.5%
  • PAION3.25 EUR245.7%
  • CO.DON3.08 EUR234.8%

FLOP

  • CYTOS0.21 CHF-94.7%
  • 4SC1.14 EUR-40.3%
  • BIOFRONTERA2.24 EUR-37.8%

No liability assumed, Date: 23.09.2014