Sorriso Pharmaceuticals raises $31M Sorriso Pharmaceuticals has closed on a $31 million series A financing round. The funds will be used to help the company advance its pipeline of novel oral antibodies to address unmet needs in immune-mediated diseases.Read More
Novavax receives CMA from European Commission Novavax announced that the European Commission has granted the company a conditional marketing authorization (CMA) for its Nuvaxovid COVID-19 vaccine for use in individuals age 18 and older. The CMA is applicable in all 27 European Union member states.Read More
Insightful Science acquires Protein Metrics Insightful Science has completed its transaction to acquire Protein Metrics. The acquisition expands the company's R&D value chain, and it will help resolve data analysis bottlenecks currently associated with large-scale protein studies, Insightful said.Read More
VBL Therapeutics selected for 17.5M euros in funding from EIC Accelerator VBL Therapeutics has been selected to receive 17.5 million euros in blended funding by the European Innovation Council (EIC) Accelerator. VBL is a clinical stage biotechnology company developing therapeutics for difficult-to-treat malignant solid tumors and immune or inflammatory indications.Read More
Merck acquires Chord Therapeutics to expand neuroinflammatory pipeline Merck has acquired Chord Therapeutics to expand its neurology pipeline and develop Chord's lead drug candidate, CRD1 (cladribine), for the treatment of generalized myasthenia gravis and neuromyelitis optica spectrum disorder. The acquisition also builds on Merck's existing neurology portfolio in multiple sclerosis.Read More
Arrowhead to build new manufacturing and lab facilities Arrowhead Pharmaceuticals has completed a transaction to purchase 13 acres of land in the Verona Technology Park in Verona, WI, to support the production of its investigational RNA interference medicines.Read More