German giant Bayer has teamed up with investment firm Versant Ventures to launch a new stem cell company with $225m in start-up funding.
New company BlueRock Therapeutics, funded by $225m of series A cash from Bayer AG and Versant Ventures, is based on a new stem cell platform and will have an initial focus on cardiovascular diseases and neurodegenerative disorders.
The stem cell platform at BlueRock has been assembled through a series of partnerships with academic and industry collaborators in...
Aside from several sizable global out-licensing deals, South Korean bioventures saw a cancellation of other alliances, updated their pipelines with losses and gains and reported clinical trial progress in the second quarter, while domestic IPO sentiment also improved.
New US approval in heart failure with preserved or mildly reduced ejection fraction should add to Kerendia’s earning power on top of chronic kidney disease indication.
The drugmaker announced positive results from two Phase III trials for the drug in narcolepsy type 1 that analysts said bode well for the OX2R agonist class as a whole.
Paying €90m upfront for rights to generalized pustular psoriasis drug.
Paying €90m upfront for rights to generalized pustular psoriasis drug.
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.
In this week's episode: Merck & Co’s Verona acquisition; venture funding plummets in Q2; how Teva is expanding innovation; Apogee’s Phase II eczema win; and a look at India’s wave of licensing.
