european union

Rentschler doubles cGMP capacity - European Biotechnology
  1. Biotechnology

Rentschler doubles cGMP capacity – European Biotechnology

In the largest expansion in the company’s 150-year history, the Laupheim-headquartered CDMO Rentschler Biopharma SE has launched a new production line at its site in Milford, USA. According to a company spokesperson, the expansion in the main market for biopharmaceuticals doubles Rentschler’s cGMP-compliant production capacity in one fell swoop. Production for a long-standing client at […]
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No more needles - Exvolvo arises with help of Verily and NLC Health
  1. Biotechnology

No more needles – Exvolvo arises with help of Verily and NLC Health

NLC Health Ventures (Amsterdam, The Netherlands), in partnership with Verily, the precision health technology daughter company of Alphabet/Google, will launch Exolvo Biosciences, a pioneering biotech company providing the next-generation solution for biologic drug delivery as oral administration. NLC Health Ventures launches a new early-stage drug delivery company. The venture builder from The Netherlands partners with […]
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ITM gets equity to launch Phase III lead radiopharmaceutical ITM-11
  1. Biotechnology

ITM gets equity to launch Phase III lead radiopharmaceutical ITM-11

ITM Isotope Technologies Munich SE has raised €188m ito boost radiopharma pipeline, contract manufacturing cpacity, and launch ITM-11. Radiopharma conjugate specialist Isotope Technologies Munich SE has raised €188m in an equity financing led by globally active investor Temasek. BlackRock, Qatar Investment Authority (QIA), ATHOS and Carbyne participated in the financing that will be used to […]
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AmphiStar BV secures €6m to expand production
  1. Biotechnology

AmphiStar BV secures €6m to develop manufacturing

Waste primarily based biosurfactants producer Amphistar BV has closed a €6m funding spherical led by the  European Round Bioeconomy Fund (ECBF), Qbic III and Flanders Future Tech Fund (FFTF). The infusion of €6m in new capital from ECBF, Qbic III and FFTF will empower AmphiStar to kickstart industrial biosurfactant manufacturing in collaboration with exterior companions. […]
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New law to speed up clinical trials
  1. Biotechnology

New legislation to hurry up medical trials

With a brand new legislation, the German authorities desires to extend the variety of medical trials carried out in Germany and make the nation primary in Europe once more. The draft Medical Analysis Act (Medizinforschungsgesetz) introduced by Well being Minister Karl Lauterbach in Berlin earlier than Easter is the centrepiece of Germany’s pharmaceutical technique. With […]
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AMR: Partnership set to improve in vivo antibiotics testing
  1. Biotechnology

AMR: Partnership set to improve in vivo antibiotics testing

The Innovative Medicine Initiative 2 JU-funded €25m project COMBINE is joining forces with  CARB-X & CAIRD, iiCON and Pharmacology Discovery Services to improve in vivo antibiotics testing. The development of novel antibiotics is crucial in the fight against antimicrobial resistance (AMR) but has been neglected for decades due to a lack of development incentives. Another […]
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Recordbreaking BIO-Europe in Munich, but: back to 2019
  1. Biotechnology

Recordbreaking BIO-Europe in Munich, but: back to 2019

The 29th BIO-Europe in Munich was able to boast record figures: around 6,000 participants for the first time, over 30,000 partnering meetings for the first time at what was already the largest European partnering event for biotech and pharma. However, many other figures are currently pointing back to 2019. Record figures and a much better […]
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Pierre Fabre SA licences immunotherapy from Atara Biotherapeutics
  1. Biotechnology

Pierre Fabre SA licences immunotherapy from Atara Biotherapeutics

Pierre Fabre Laboratories SA has extended its global partnership with Atara Biotherapeutics, licencing tabelecleucel commercialisation rights for Northern America and beyond. Paris-based Pierre Fabre Laboratories SA already held a licence for the EU-approved tabelecleucel, an allogeneic T cell based second-line treatment of adult and pediatric patients two years of age and older with relapsed or […]
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Cellectis and AstraZeneca in US$2.2bn deal
  1. Biotechnology

Cellectis and AstraZeneca in US$2.2bn deal

AstraZeneca plc has paid French cancer cell therapy developer Cellectis SA US$25m upfront and US$220m in equity in an US$2.2bn R&D deal for up to ten cell and gene therapies. Under the co-development agreement, that includes a US$80m equity investment and an option for a further equity investment of US$140m by AstraZeneca plc into Cellectis […]
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Good Reads

Austria wants to be at the top of the podium in research and development

Austria wants to be at the top of the podium in research and development

In 2023, the share of R&D expenditure in Austria’s nominal gross domestic product (GDP) was 3.26%. This put Austria in third place in the EU after Belgium and Sweden. In 2024, the ratio will be 3.34% according to the estimate global by Statistics Austria, corresponding to a record sum of 16.64 billion euros. The Federal […]
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Worlwide

Austria wants to be at the top of the podium in research and development

Austria wants to be at the top of the podium in research and development

In 2023, the share of R&D expenditure in Austria’s nominal gross domestic product (GDP) was 3.26%. This put Austria in third place in the EU after Belgium and Sweden. In 2024, the ratio will be 3.34% according to the estimate global by Statistics Austria, corresponding to a record sum of 16.64 billion euros. The Federal […]
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Collaborative research to benefit coastal flounder populations and fishers

Four faculty members from three departments in the College of Natural Resources and Environment have received $1.7 million from the National Science Foundation to fund research into the dynamics of socio-environmental factors impacting coastal fisheries. Credit: Photo by Lee Friesland for Virginia Tech. Four faculty members from three departments in the College of Natural Resources […]
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