Category Archives: Pharma & Biotech

Pharma & Biotech Press Releases & News distributed via EuropaWire

Novozymes Reports Resilient First-Half Performance Amidst Market Volatility, Adjusts 2023 Outlook

(IN BRIEF) Novozymes, a global biosolutions company, has reported its first-half 2023 financial results. The company achieved 3% organic sales growth, an EBIT margin of 25% before special items, and a return on invested capital (ROIC) including goodwill of 17% … Read the full press release

Novartis Reports Positive Phase III Outcomes for Novel Chronic Spontaneous Urticaria Drug

TOP-LINE DATA FROM REMIX-1 AND REMIX-2 STUDIES DEMONSTRATE SIGNIFICANT SYMPTOM IMPROVEMENT (IN BRIEF) Novartis has unveiled promising results from Phase III trials for remibrutinib, a potent Bruton’s tyrosine kinase (BTK) inhibitor, targeting chronic spontaneous urticaria (CSU). The REMIX-1 and REMIX-2 … Read the full press release

New Inhalable RNA Drug Shows Promise in Curbing Severe Lung Inflammation

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed an inhalable RNA-based drug that targets macrophages, overactive immune cells often responsible for lung damage in diseases like Covid-19. The drug, RCS-21, inhibits the activity of microRNA 21, … Read the full press release

Novo Nordisk’s SELECT Trial Shows Semaglutide 2.4 mg Cuts Cardiovascular Risk in Overweight and Obese Adults

(IN BRIEF) Novo Nordisk, a global healthcare company, has reported the headline findings from the SELECT cardiovascular outcomes trial. This double-blinded study assessed the impact of subcutaneous once-weekly semaglutide 2.4 mg in comparison to placebo as an adjunct to standard … Read the full press release

BioNTech Q2 2023 update: Advances Oncology Pipeline and Prepares for Omicron-Adapted COVID-19 Vaccine Launch

(IN BRIEF) BioNTech reported its second-quarter 2023 financial results and corporate update, highlighting significant pipeline advancements in oncology with the initiation of BNT316/ONC-392 Phase 3 pivotal trial and positive data updates across multiple technology platforms. The company also prepares for … Read the full press release

Skanska Awarded $215M Contract to Build Biomanufacturing Facility for Seagen in Washington, USA

(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release

BlueRock Therapeutics and bit.bio Collaborate on iPSC-Derived T Cell Therapies for Autoimmune Disorders

(IN BRIEF) BlueRock Therapeutics and bit.bio have announced a collaboration and option agreement to discover and manufacture iPSC-derived regulatory T cells (Tregs) for therapeutic use. Tregs are crucial for immune system balance and controlling excessive immune reactions, making them potential … Read the full press release

AskBio Initiates Clinical Trial for Gene Therapy Targeting Limb-Girdle Muscular Dystrophy Type 2I/R9

(IN BRIEF) Asklepios BioPharmaceutical, Inc. (AskBio), a gene therapy company owned by Bayer AG, has begun the Phase 1/Phase 2 LION-CS101 clinical trial for patients with limb-girdle muscular dystrophy type 2I/R9 (LGMD2I/R9). The trial is evaluating AB-1003 (LION-101), an investigational … Read the full press release

BioNTech Solidifies AI Advancements with InstaDeep Acquisition

(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release

Microbiologist Receives £676,580 NERC Grant to Investigate Dormant Bacteria Behind Cholera Outbreaks

(IN BRIEF) Dr. Sariqa Wagley, a microbiologist at the University of Exeter, has been awarded a £676,580 NERC Independent Research Fellowship to investigate dormant bacteria causing cholera and gastroenteric outbreaks. The research will focus on Vibrio species, responsible for human … Read the full press release

CERN’s AWAKE Accelerator Enters Second Phase with Upgraded Plasma Source, Paving the Way for Novel Particle Acceleration Method

(IN BRIEF) AWAKE, a plasma accelerator at CERN, is gearing up for its second phase of data taking with an upgraded plasma source. The accelerator utilizes plasma wakefield acceleration, a novel method that accelerates particles by riding on waves created … Read the full press release

Roche and Alnylam Partner to Develop Promising RNAi Therapy for Hypertension Treatment

(IN BRIEF) Roche and Alnylam have entered into a partnership to jointly develop and commercialize zilebesiran, an investigational RNAi therapeutic for the treatment of hypertension. Hypertension affects a significant number of adults worldwide and is a major risk factor for … Read the full press release

QIAGEN Advances NGS Efficiency with QIAseq Normalizer Kits for DNA Library Optimization

(IN BRIEF) QIAGEN has launched the QIAseq Normalizer Kits, a new solution for researchers to efficiently pool different DNA libraries for optimal results in next-generation sequencing (NGS) runs. The kit accelerates the process of normalizing DNA concentrations across libraries, reducing … Read the full press release

Deborah Dunsire to Retire as Lundbeck CEO, Charl van Zyl Named Successor

(IN BRIEF) H. Lundbeck A/S has announced the initiation of CEO succession, with Deborah Dunsire choosing to retire from her role as President and CEO. Charl van Zyl has been appointed as the new President and CEO, and Dunsire will … Read the full press release

Chr. Hansen’s MyOli™ 6’-SL HMO Receives EU Approval for Infant Formula and Follow-On Formula

(IN BRIEF) Chr. Hansen has received approval from the EU for their 6’-SL HMO, the final addition to their MyOli™ 5 HMO Mix. This authorization allows the highest use level of 6’-SL in infant formula and follow-on formula in the … Read the full press release

Newcastle University Researchers Recognized for Groundbreaking Chemistry Discoveries

(IN BRIEF) Newcastle University researchers, Professor Akane Kawamura and Dr James Dawson, have been awarded prestigious prizes by the Royal Society of Chemistry. Professor Kawamura received the Jeremy Knowles Award for her innovative work in developing technologies and chemical probes … Read the full press release

FDA Accepts AstraZeneca’s NDA for Capivasertib Combination Therapy in Advanced Breast Cancer

(IN BRIEF) AstraZeneca’s new drug application (NDA) for capivasertib, in combination with Faslodex, has been accepted and granted Priority Review by the US FDA for the treatment of advanced breast cancer. The NDA is being reviewed under Project Orbis, which … Read the full press release

Innovative Partnership: AstraZeneca and Quell Therapeutics Targeting Autoimmune Diseases with Engineered Treg Cell Therapies

(IN BRIEF) AstraZeneca and Quell Therapeutics have announced a collaboration to develop innovative treatments for Type 1 Diabetes and Inflammatory Bowel Disease. Quell’s T-regulatory cell engineering technology will be used to create potential curative therapies. AstraZeneca has the option to … Read the full press release

Novo Nordisk’s Bid for BIOCORP Set at 35.00 Euros per Share, Totaling 154 Million Euros

(IN BRIEF) Novo Nordisk A/S is in exclusive negotiations to acquire a controlling stake in BIOCORP Production SA, a French company specializing in medical device design and manufacturing. The acquisition would be followed by a mandatory tender offer for all … Read the full press release

Report Reveals Record £17.2 Billion NHS Spending on Prescription Medicines in England

(IN BRIEF) According to an independent report, the cost of prescription medicines to the NHS in England reached a record high of £17.2 billion in the financial year 2021-2022. The report reveals that NHS spending on branded medicines has been … Read the full press release