Wednesday, October 5, 2011

Merck Serono partners with Ono to treat cancer and MS

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October 5, 2011
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  Today's Top Story 
 
  • Merck Serono partners with Ono to treat cancer and MS
    Ono Pharmaceuticals and Merck Serono entered two agreements covering the former's ONO-4641, a midstage oral compound for multiple sclerosis, and the latter's Stimuvax, a late-stage immunotherapy for cancer. The first deal gives Merck Serono worldwide rights excluding Taiwan, South Korea and Japan to ONO-4641 for $18.75 million upfront plus milestone fees. For the second contract, Ono will pay Merck Serono about $6.7 million upfront for Japanese co-development and co-commercialization rights to Stimuvax. Genetic Engineering & Biotechnology News (10/4) LinkedInFacebookTwitterEmail this Story
The Diabetes Report Series offers unprecedented access to current sentiment among patients with diabetes and the physicians who treat them. Thoughts, feelings, attitudes and intent are all revealed through the behavioral data collected from across the internet. Click here to review our FREE executive summaries on pivotal topics in Diabetes care.
  Health Care & Policy 
 
  • Experts: Stem cell therapies can help reduce health care costs
    Experts at the World Stem Cell Summit in Pasadena, Calif., say stem cell therapies for stroke, heart attack and other diseases affecting baby boomers could help the U.S. health care system save money. Stem cells may also be used to treat those with pulmonary fibrosis and congenital kidney disease and premature babies with chronic lung disease , said Dr. David Wharburton of the University of Southern California's Keck School of Medicine Children's Hospital. KPCC-FM (Los Angeles) (10/4) LinkedInFacebookTwitterEmail this Story
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  Company & Financial News 
  • Stada CEO: Company would consider merger with a biotech company
    Since Germany-based Stada Arzneimittel is already established in the field of generic drug manufacturing, the company would consider merging with a biotech company or a maker of brand name drugs, said CEO Hartmut Retzlaff. Retzlaff said Stada is not in talks with any potential merger partners, and the company has yet to determine how well it collaborates with Hungary-based Gedeon Richter before it can consider forging a merger deal. Stada partnered with Gedeon to develop generic copies of Roche Holding's cancer drugs, Rituxan and Herceptin. Bloomberg (10/3) LinkedInFacebookTwitterEmail this Story
  • Lilly, Boehringer will promote each other's diabetes drugs in India
    The Indian subsidiaries of Boehringer Ingelheim and Eli Lilly and Co. agreed to co-promote each other's treatments for diabetes. The partnership includes Lilly's insulin Humalog and Boehringer's Linagliptin, an oral medicine not yet approved in India. "Such alliances are ways of balancing out in the huge India market," said a health care industry consultant. "They want to compete with one another. But at the same time use each other's strengths to stabilize themselves here." DNA (India) (10/4) LinkedInFacebookTwitterEmail this Story
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  Featured Content 
 

  Food & Agriculture 
 
  • Organic food producers ask FDA to mandate labeling of biotech foods
    Advocates and producers of organic foods sent a legal petition to the FDA asking for mandatory labeling of biotech foods in order to avoid misleading consumers and prevent economic fraud. They also unveiled a website that could serve as a venue for consumers to post their comments in support of the cause. A spokeswoman for the FDA said that the petition hasn't officially reached the agency and that foods from biotech plants "must meet the same safety and legal standards as foods derived from their non-genetically engineered counterparts." Google/Agence France-Presse (10/4) LinkedInFacebookTwitterEmail this Story
LET’S GO DESIGN: Episode #5
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  News from BIO 
  • Join the leaders of the biotech industry in Shanghai
    At BIO China, Oct. 12 and 13, you'll have unprecedented opportunities to meet the leaders of China's most innovative biotech companies, many of whom have not attended conferences outside of China. Hear from speakers and panelists with insights into regulatory issues, intellectual property, clinical trials, manufacturing and product distribution in China. The conference also will feature one-on-one partnering meetings, company presentations, networking opportunities and an exhibit hall. Register now. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The direct use of force is such a poor solution to any problem, it is generally employed only by small children and large nations."
--David Friedman,
American economist and writer


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