Awards & Advancement

Catabasis receives $8 million in Series A extension financing

Tuesday, December 13, 2011 09:41 AM

Catabasis Pharmaceuticals has received an additional $8 million in Series A financing, bringing the total amount raised to $47.6 million. All current investors participated in the financing, including SV Life Sciences, Clarus Ventures, MedImmune Ventures and Advanced Technology Ventures. The new funding will be used to accelerate the development of CAT-2003, the company’s omega-3 conjugated compound for patients with severe hypertriglyceridemia, and move the compound into the clinic in 2012.

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Benedyk joins Amarantus as strategic advisor

Tuesday, December 13, 2011 09:29 AM

Amarantus BioSciences has named Mark J. Benedyk, PhD, strategic advisor effective immediately. In this role, he will support the company with strategy and business development issues.

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Wheeler joins Acetylon

Monday, December 12, 2011 02:20 PM

Acetylon Pharmaceuticals has named Catherine A. Wheeler, MD, vice president, clinical development. Wheeler will have responsibility for all clinical development functions of the company, including current and future clinical trials of Acetylon’s HDAC6 selective drug candidate, ACY-1215, in multiple myeloma as well as other potential hematologic and solid tumor disease indications. She will also lead the clinical development of future drug candidates in inflammatory and neurodegenerative diseases.

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Mylan names president of Dey Pharma

Monday, December 12, 2011 01:50 PM

Mylan has named John Thievon president of Dey Pharma, Mylan's pharmaceutical business.

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Groove Biopharma closes $6 million Series B financing round

Monday, December 12, 2011 11:41 AM

Groove Biopharma has raised $6 million in a Series B financing. Participating in the financing was Alexandria Venture Investments, ARCH Venture Partners, OVP Venture Partners, Versant Ventures, and WRF Capital. Proceeds from the financing will be used to bring forward development of Groove’s proprietary MGB-based miRNA delivery platform. The company has also promoted David L. McElligott, Ph.D. to chief scientific officer.

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CeNeRx completes $4.85 million financing round

Monday, December 12, 2011 11:28 AM

CeNeRx BioPharma has completed a $4.85 million financing. Existing investors Perseus Soros Biopharmaceutical Fund, L Capital Partners, Pappas Ventures and Omega Funds all participated in the financing. CeNeRx plans to use the proceeds to complete its ongoing phase II trial of the improved formulation of its novel antidepressant TriRima as monotherapy in treatment resistant depression, as well as to support advancement of its pipeline for a variety of CNS disorders.

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BioSpecifics names Gould to board of directors

Friday, December 9, 2011 10:48 AM

BioSpecifics Technologies has named George Gould to its board of directors effective December 6, 2011. Gould, an attorney, is principal of George M. Gould and of counsel to Gibbons PC.

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Fang joins SRI as director of clinical manufacturing

Thursday, December 8, 2011 02:09 PM

Jia-Hwa Fang, Ph.D., has joined SRI's biosciences division as director of clinical manufacturing. In this new role, he will lead a team to transfer and scale-up R&D, Good Laboratory Practice (GLP), and pilot formulations for early stage clinical
trial materials in compliance with Good Manufacturing Practices (GMP). He will be responsible for developing technical, quality, and project specifications for studies in SRI's pharmaceutical clinical manufacturing facility.

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Adams joins Auxilium Pharmaceuticals

Thursday, December 8, 2011 11:56 AM

Auxilium Pharmaceuticals has named Adrian Adams chief executive officer and president, effective immediately. Adams succeeds Armando Anido, who has agreed to step down as chief executive officer and president and has resigned as a member of the board of directors.

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Essentialis names Berg CEO

Wednesday, December 7, 2011 10:31 AM

Essentialis has promoted Aaron D. Berg from president and chief commercial officer to chief executive officer. Berg joined Essentialis in 2010 bringing business development and product commercialization experience to the company. He was also appointed to the Essentialis board of directors.

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CWWeekly

May 21

Parexel consultant testifies on FDA biosimilars guidance

Global Telecom Testing checks ex-U.S. toll-free phone lines for multinational clinical trials

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CWWeekly

May

Newer sites most optimistic about the future
Investigative sites of all sizes, from part-time physician-run sites to large dedicated research centers, report a rebound in operating conditions, according to a new CenterWatch analysis, yet sites from each subgroup indicate they have concerns…

Risk-based monitoring slow to catch on with industry
It's estimated that the cost of physically sending monitors to all investigative sites at regular intervals, a model the industry itself developed and has adhered to for about a decade, eats up one-third to one-half of…

Eye On Millennium
Millennium, The Takeda Oncology Company, discovers and develops novel treatments applying world-class recombinant technology to a wide variety of oncology disease targets…

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