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Eli Lilly Begins Phase III Study of RA Drug to Treat COVID-19

Eli Lilly will assess its JAK1/JAK2 inhibitor Olumiant (baricitinib) as a potential treatment for COVID-19 in a Phase III study. Indianapolis-based Eli Lilly said the latest study will complement an ongoing study of the rheumatoid arthritis drug being conducted in...

Corning Inc to expand Valor Glass production to accelerate delivery ahead of potential COVID-19 vaccines, treatments

Corning Inc. will receive $204 million in federal funding to expand manufacturing of its Corning Valor Glass packaging in order to expand production and aid the fight against COVID-19. The money is coming from the Biomedical Advanced Research and Development...

Mobidiag Ltd Receives Second Tranche of €25M Financing from European Investment Bank

Mobidiag Ltd. announces that it has received the second tranche of €10M from the €25M growth capital loan signed with the European Investment Bank Group (EIB) in May 2019. These new funds will be used to advance Mobidiag’s research...

Dr. Reddys Laboratories enters into a Licensing Agreement with Gilead Sciences for Remdesivir

Dr. Reddy's Laboratories Ltd announced that it has entered into a non-exclusive Licensing Agreement with Gilead Sciences, Inc. (Gilead)that will grant Dr. Reddy’s the right to register, manufacture and sell Gilead’s investigational drug, Remdesivir, a potential treatment for Covid-19,...

Biocon and Mylan get U.S. FDA approval for insulin glargine injection

Mylan N.V. and Biocon Ltd. announced that the U.S. FDA has approved the New Drug Application (NDA) for Semglee (insulin glargine injection), in vial and pre-filled pen presentations, to control high blood sugar in adults with type 2 diabetes...

Lonza Capsules and Health Ingredients introduces HPMC double-blinded capsules for clinical trials

A global capsule and equipment developer and manufacturer, Lonza has introduced an enhanced product line aimed at tackling concerns around bias during blinded clinical trials. Capsugel® DBcaps® double-blinded capsules are designed to be used as an over-encapsulation tool during clinical...

German Federal Government invests 300 Million Euros in CureVac

The German Federal Minister for Economic Affairs and Energy, Peter Altmaier, and Dietmar Hopp, SAP co-founder and co-founder of the investment company dievini Hopp BioTech holding GmbH & Co. KG, announced that the Federal Republic of Germany will invest...

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