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Europe

Latest Headlines

Latest Headlines

Emergent launches in-licensed military-grade autoinjector outside the U.S., aims for FDA approval

Emergent BioSolutions has launched a military-grade intramuscular autoinjector device for self-administered antidotes or other chemical threat treatments. For now, the rollout is only ex-U.S., but the infectious disease specialist said it will seek FDA approval for the device, dubbed Emergard.

Generics maker Amneal revamping former J&J plant in Ireland

U.S.-based generics drugmaker Amneal Pharmaceuticals will recycle a plant in Ireland that Johnson & Johnson abandoned some years ago, with plans to have about 300 workers when it reopens in a few years. The move comes as the 15-year-old company works its way up the ladder of generics makers.

Amid ongoing restructuring and layoffs at Siemens, healthcare leads

Healthcare was one of the strongest segments at German conglomerate Siemens last quarter, both in terms of sales growth and profitability. That could help insulate this business, comprised mostly of imaging and diagnostics, from an ongoing restructuring that aims to trim employees and costs from its worst performing businesses.

AZ, GSK ink academic hookup; EU blasts past 2014 fundraising haul; Erytech plans U.S. IPO

In this week's EuroBiotech Report, data from market analyst Biocom shows that biotechs traded in Europe raised €3 billion ($3.3 billion) in the first half of the year, more than they gathered in all of 2014. AC Immune and Erytech could contribute to the back half of 2015 being an equally busy period. And more.

AstraZeneca, GSK snag a direct line to researchers at Cambridge academic hub

AstraZeneca and GlaxoSmithKline have secured direct connections to researchers at the University of Cambridge and its associated academic institutions. The arrangement is part of a "matchmaking" scheme, in which drugmakers will provide academics with funding for collaborative research and access to their experimental therapies.

Startup raises $35M to back first FDA-approved dermal filler for acne scars

Innovations in aesthetic medicine have proven lucrative in the medical device industry, given a growing and aging population with disposable income. Investors are betting that a dermal filler to treat acne scars--that's the first approved by the FDA--could be the next ticket to successful commercialization in aesthetics.

Erytech pushes ahead with plan to file IPO on Nasdaq to fund cancer pipeline

Erytech is poised to become the latest in a long line of European biotechs to head to Wall Street in search of cash. The proposal marks an escalation of the cancer biotech's long-running flirtation with U.S. investors, which has already seen it set up on the OTC market and tap stateside sources for its previous fundraising round.

Europe's public biotechs blast past 2014 fundraising total in just 6 months

Biotechs listed on European stock exchanges have raised more money in the first half of 2015 than in all of last year, according to a report by Biocom. Over the first 6 months of 2015, €3 billion ($3.3 billion) flowed into Europe's 161 listed biotechs, one-quarter more than they added to their coffers in all of 2014.

Roche's persistence in Alzheimer's moves AC Immune a step closer to an IPO

Roche's willingness to continue plugging away with Alzheimer's programs despite setbacks has moved AC Immune a step closer to filing for an IPO. The Big Pharma has decided to advance the Alzheimer's treatment it licensed from AC Immune into Phase III, giving its partner the confidence to consider tapping public markets for cash.

Sprint licenses tumor metabolism program to Bayer in €190M deal

Sprint Bioscience (STO:SPRINT) has entered into a cancer research collaboration with Bayer, handing over the rights to an early-stage tumor metabolism program in return for €190 million ($210 million) in upfront and milestone payments.