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Hydra teams up with BI again

 
• By Lisa LaMotta

Cambridge, Mass.-based Hydra Biosciences inked its second partnership with Boehringer Ingelheim in as many years. The partners announced 13 April that they have entered into a research collaboration to identify transient receptor potential (TRP) inhibitors for the treatment of renal diseases. Hydra received an undisclosed upfront payment and is eligible to receive research funding, milestone payments and tiered royalties on any products that result. The tie-up comes exactly a year after the pair inked their first partnership in which they agreed to develop small molecule TRPC4/5 inhibitors for central nervous system diseases and disorders. Hydra received an upfront payment and research funding with the potential to earn additional milestone fees and royalties.

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• By Eleanor Malone

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• By Andrew McConaghie

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• By Andrew McConaghie

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• By Kevin Grogan

But the French major is still keen on early-stage M&A.

Pipeline Watch: Eight Approvals And Nine Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.

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• By Kevin Grogan

Buy boosts the French major's immunology pipeline.