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Cambridge, UK, 3 August 2021 – Mestag Therapeutics (“Mestag”), a breakthrough inflammatory disease and immuno-oncology company, today announced the closing of its oversubscribed Seed extension, bringing the total Seed round to $45 million. This extension of $34 million was led by Amsterdam-based investment firm Forbion together with global healthcare investors GV (formerly Google Ventures) and Northpond Ventures and supported by founding investors SV Health Investors, and Johnson & Johnson Innovation – JJDC, Inc.. In connection with the extended financing, Juliette Audet (Forbion), Issi…
LONDON, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced an agreement with Moderna, a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, granting Moderna an exclusive license to develop and commercialize mRNA therapeutics incorporating Autolus’ proprietary binders for up to four immuno-oncology targets. Autolus would be eligible to receive an upfront payment for each target licensed by Moderna and development and commercial…
CAMBRIDGE, UK and NEW YORK, USA, 27 July 2021: Artios Pharma Limited (Artios), a leading DNA Damage Response (DDR) company exploiting a broad DDR-based platform and small molecule drug discovery capabilities to develop a diverse pipeline of product candidates for the treatment of cancer, today announced the completion of a US$153 million (£110 million) Series C financing to fund further development of its promising clinical-stage pipeline. The financing was co-led by Omega Funds and TCG X. Additional investors include Avidity Partners, Invus, Deep Track Capital, Sofinnova Partners, Tetragon…
Today we confirmed the appointment of our latest partner hires as part of our expansion plans to open in Ireland. The firm welcomes two new partners to open Taylor Wessing Ireland* with the support of UK partners James Goold and Alison Dennis. Adam Griffiths, who was previously a member of the firm's private equity group and relocated to Ireland in 2017, has returned to Taylor Wessing to lead operations in Dublin. Adam is a respected corporate lawyer in the region with experience in private equity and M&A transactions, with a focus on the international technology and life sciences…
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Alderley Park, Cheshire – Infex Therapeutics is pressing ahead with a major development of its pandemic resilience strategy by today announcing an agreement with CRUK Newcastle Drug Discovery Unit. This will in-licence a novel therapy designed to treat SARS-CoV-2 along with future variants and a broad spectrum of coronaviruses. The program, PAN-X, is an early stage drug that has shown encouraging activity during in-vitro testing. It has been developed by a team led by Professor Mike Waring, Professor Steve Wedge and Professor Martin Noble at CRUK Newcastle Drug Discovery Unit at Newcastle…
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Follow-on investment, led by Epidarex Capital, closes at £4.24m, following initial £3.2m Seed round in 2020; Caribou Property joins as new investor Management appointments expand leadership team: Dr Steve Myatt, ex Azeria Therapeutics, to Chief Executive Officer; Dr Carola Ries, ex Roche, to Chief Scientific Officer; Co-founder Dr Luca Cassetta to move from his academic role at Edinburgh University to join as full-time VP Immunology Funds will accelerate macrophage-based therapeutics R&D portfolio and target discovery capability; expansion of facilities in Edinburgh and Cambridge…
Introduction I wanted to find out what it was like to work in scientific academia in the UK and then make the career move into industry, as this is what a lot of our job applicants have done or are currently considering. You may notice from my profile that I, however, have not done this career route myself so I spoke to people who have. I asked scientists CY Partners had helped into various pharmaceutical or Life Science companies for their insight and with their kind permission I am going to share the results here. They have lived it, and these are their views. My cohort spanned from fresh…
AMSBIO has launched a new range of research grade biosimilars that enable analysis of biological processes without the need to purchase expensive therapeutic-grade biologics.Investigating the biological effects of a drug or doing proof of concept assay development, requires a source of the drug. Typically, it is difficult to obtain original pharmaceutical grade biotherapeutic drugs for research use, rather than a clinical application. Consequently, biological compounds almost identical to a reference biologic drug (biosimilars) that have been approved by governmental…