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China’s Innovent and Eli Lilly partner to develop three new cancer treatments

US-based Eli Lilly and Company has partnered with Chinese drug development firm Innovent Biologics to develop and commercialise three cancer treatments over the next decade. The deal will expand the presence of both firms in the...

Dilaforette’s sevuparin obtains FDA orphan drug designation to treat SCD

Swedish firm Dilaforette has received orphan drug designation from the US Food and Drug Administration (FDA) for its sevuparin (DF02) to treat patients with sickle-cell disease (SCD). With an aim to start recruitment of patients during...

Evotec signs five-year multi-component agreement with Sanofi

Germany-based Evotec has signed an agreement with French drugmaker Sanofi for a major multi-component strategic partnership over the next five years. As part of the deal, Sanofi will provide around €250m to Evotec, including more than...

Eli Lilly and Hanmi to develop BTK inhibitor to treat autoimmune diseases

US-based Eli Lilly and Company has signed an exclusive licence and collaboration agreement with Hanmi Pharmaceutical to develop and commercialise an immunological therapy. Under the deal, both firms will develop Hanmi's oral Bruton's tyrosine kinase (BTK)...

Vertex’s Kalydeco obtains FDA approval to treat CF in children

Vertex Pharmaceuticals has received approval from the US Food and Drug Administration (FDA) for its Kalydeco (ivacaftor) to treat cystic fibrosis (CF) in children aged between two and five years. The approval allows the drug to...

PARP inhibitors effective against cancer cells with fault CBLC gene, says ICR

Researchers at London's Institute of Cancer Research (ICR) have found that cancer cells with a fault in the protein-coding CBLC gene could be sensitive to the poly ADP-ribose polymerase (PARP) inhibitor drugs. Approved in December last...

Actavis acquires Botox-maker Allergan for $70.5bn

Actavis has completed the acquisition of US-based Botox-maker Allergan, in a deal valued around $70.5bn. With combined annual pro forma revenues of about $23bn expected this year, the combination is said to create one of the...

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