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BioNTech acquires its Chinese cancer drug partner
BioNTech said that it is acquiring the Chinese drugmaker Biotheus for $800 million to bolster its cancer strategy. The two companies were already co-developing an experimental antibody that targets two proteins found on cancer cells.
BioNTech Acquires Biotheus to Enhance Cancer Therapies
BioNTech SE (BNTX) has released an update. BioNTech SE is set to acquire Biotheus in a deal valued at $800 million, aiming to strengthen its
BioNTech strikes $950mn deal for Chinese drugmaker Biotheus
BioNTech has acquired Chinese cancer drugmaker Biotheus in a near $1bn deal, as the Covid-19 vaccine maker taps into the country’s health sciences expertise to develop promising immunotherapy drugs. The deal gives the German biotech control of a drug class that has shown potential to outperform Merck’s blockbuster cancer treatment Keytruda,
Germany's BioNTech to buy Chinese firm with promising cancer drug
Germany pharmaceutical company BioNTech, which shot to global prominence after its early coronavirus vaccine, has boosted its cancer drug development by agreeing to buy Chinese firm Biotheus. The Mainz-based group said in a statement on Wednesday it will pay up to $950 million,
1d
on MSN
Astra Invests $3.5 Billion in US as Cancer Drug Lifts Sales
AstraZeneca Plc raised its annual forecast, driven by strong demand for its blockbuster cancer drugs, and said it plans to ...
The Brighterside of News on MSN
3d
Anti-cancer drug shows incredible promise in human clinical trials
For decades, the medical world has avidly searched for groundbreaking treatments against one of humanity’s most resilient ...
STAT
1d
Pharmalittle: We’re reading about 23andMe retrenching, AstraZeneca reworking cancer drug plans, and more
In closing its therapeutics division and laying off 200 people, 23andMe ended an audacious bet it made nearly a decade ago — ...
6h
on MSN
All in the blood: New way to detect drug resistance in ovarian cancer patients
Researchers from the Walter and Eliza Hall Institute (WEHI)in Australia have found a new way to predict a subset of patients ...
FierceBiotech
2d
23andMe shutters cancer drug research programs, lays off 40% of staff
The dual-mechanism
drug
targets ULBP6, which is secreted by tumor cells and ... while 23ME-01473 slowed the growth of ...
MM&M
1d
AstraZeneca: New drug data, promising earnings and a $3.5B R&D investment
AstraZeneca’s earnings were boosted by its oncology, cardiovascular, respiratory and immunology (R&I), and rare disease ...
1d
on MSN
New blood test offers early detection of drug-induced tissue damage in cancer patients
A team of researchers have applied a novel blood test that can detect early signs of potentially fatal lung damage in cancer ...
Radio Iowa
1d
UI is crafting a new drug to treat ovarian cancer
University of Iowa researchers have landed a $10-million federal grant to develop a new treatment for ovarian cancer. Jill ...
The Business Journals
2d
St. Louis cancer-drug startup names new medical chief
In addition to developing WU-CART-007, a
drug
candidate in clinical trials for treating relapsed ... T-cell acute ...
1d
on MSN
Is Ozempic the modern wonder drug? All the conditions the weight loss jab can tackle — from addiction to Alzheimer’s
"I'm using [Ozempic] off-label for a whole host of conditions — and have been for years," Dr. Caroline Messer, an ...
GEN
3h
CAR T-Cell Therapy Shows Efficacy in Young Patients with Incurable Brain Cancer
Immune-cell therapy shrank children's brain tumors, restored neurologic function and—for one participant—erased all detectable traces of a brain cancer.
1d
AstraZeneca To Invest $3.5 Bln In US To Expand R&D And Manufacturing
British drug maker AstraZeneca Plc (AZN.L, AZN) announced Tuesday a $3.5 billion capital investment in the United States, aiming to ...
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