Wednesday, November 30, 2011

BioPharma Dealmakers: November 30, 2011


November 30, 2011

BioPharma Dealmakers
Science, strategy & innovation

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BIOPHARMA DEALMAKERS
Biopartnering Company Profiles and Partnering Opportunities



Top Stories

Biotech funding in Europe on the rise?

Accelerated approval dust begins to settle

Bayer and Onyx settle over regorafenib

Larger companies dominate cancer companion diagnostic approvals


Events

Genesis 2011

Bioasia 2012

10th Annual BioPartnering North America™

5th annual BioPharma Asia Convention 2012


Biotech funding in Europe on the rise?
November, 2011
Nature Reviews Drug Discovery

Venture capitalists are increasingly considering investing in European biotech firms over US-based firms, suggests an NVCA survey.

Read the full story here



Accelerated approval dust begins to settle
November, 2011
Nature Reviews Drug Discovery

In February this year the US Food and Drug Administration (FDA) and its Oncologic Drugs Advisory Committee (ODAC) met to discuss long-standing questions about the accelerated approval of anticancer drugs, such as the use of single-arm studies. For some, the meeting — as well as the agency's refusal to file Roche/Genentech's trastuzumab-DM1 and an ODAC vote to revoke accelerated approval for Roche/Genentech's bevacizumab for metastatic breast cancer — raised uncertainties about higher hurdles for the shorter approval route. But the recent accelerated approvals for Seattle Genetics' brentuximab vedotin and Pfizer's crizotinib have now restored confidence that the pathway remains open, say those watching from the sidelines.

Read the full story here



Bayer and Onyx settle over regorafenib
November, 2011
Nature Reviews Drug Discovery

Bayer and Onyx have settled their disagreement over ownership of regorafenib, a multi-receptor tyrosine kinase inhibitor that is in Phase III clinical trials for cancer.

The two companies began a partnership in 1994, which led to the discovery of sorafenib (Nexavar), also a multi-receptor tyrosine kinase inhibitor, which is marketed for the treatment of liver and kidney cancer. But in 2009 Onyx sued Bayer, alleging that Bayer tried to bypass the collaboration — and hence was trying to avoid sharing potential future profits — when developing regorafenib by surreptitiously filing patent applications and initiating clinical trials.

Read the full story here



Larger companies dominate cancer companion diagnostic approvals
November, 2011
Nature Biotechnology

Two novel cancer drugs and their companion diagnostics to predict treatment response were given a go-ahead to market in quick succession. On August 17, the US Food and Drug Administration (FDA) approved Roche/Genentech's Zelboraf (vemurafenib) and multiplex PCR-based diagnostic for the BRAF V600E gene for individuals with advanced melanoma harboring the mutation. Approval of Pfizer's drug Xalkori (crizotinib) for non-small cell lung cancer (NSCLC) patients with tumors containing anaplastic lymphoma kinase (ALK) gene structural variants, together with a fluorescent in situ hybridization (FISH) test for detecting rearrangements of the ALK gene, followed nine days later. Both Basel-based Roche and New York–based Pfizer claim the companion diagnostics used to screen tissue samples for the drugs' target mutations—by narrowing patient populations to likely responders—sped clinical trials and accelerated FDA approval. But other companies considering the approach remain uncertain about the economic feasibility of co-developing medicines with companion diagnostics.

Read the full story here



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Events

Genesis 2011 - December 1, 2011 - London, UK


Bioasia 2012 - February 9, 2012 - Hyderabad, India


10th Annual BioPartnering North AmericaTM - February 26-28, 2011 - Vancouver, BC, Canada


5th annual BioPharma Asia Convention 2012 - March 19-22, 2012 - Singapore



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BioPharma Dealmakers
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