Drug Sponsors

Sanofi appoints Olivier Brandicourt CEO

Monday, February 23, 2015 01:04 PM

Sanofi’s board of directors unanimously has appointed Olivier Brandicourt CEO.

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Bristol-Myers Squibb to acquire Flexus Biosciences

Monday, February 23, 2015 01:02 PM

Bristol-Myers Squibb has signed a definitive agreement to acquire all of the outstanding capital stock of Flexus Biosciences, a San Carlos, Calif.-based, privately held biotech focused on the discovery and development of novel anti-cancer therapeutics. The transaction has a potential total consideration of $1.25 billion, including $800 million upfront and development milestones that, upon achievement, could total up to $450 million. The transaction has been approved by the boards of directors of both companies and by the stockholders of Flexus.

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Actavis intends to adopt Allergan following acquisition

Thursday, February 19, 2015 02:39 PM

Actavis, headquartered in Dublin, Ireland, will adopt a new corporate name—Allergan—following the anticipated successful completion of the acquisition of Allergan. The company said that it intends to use the Allergan name as its corporate name and for its global branded pharmaceutical portfolio, and will retain the Actavis name for select geographic regions and product portfolios. The change in corporate name would be subject to approval by Actavis' shareholders at its annual general meeting later this year. 

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Actavis to divest Pharmatech to TPG

Wednesday, February 18, 2015 11:57 AM

Actavis, headquartered in Dublin, and TPG, a global private investment firm, have entered into definitive agreements under which Actavis will divest to TPG the business currently known as Aptalis Pharmaceutical Technologies (Pharmatech)—a pharmaceutical outsourcing and R&D business operating in the U.S., Canada and Europe (where the transaction is, in certain jurisdictions, still subject to local regulations, discussions and clearances). No other Aptalis businesses or products are included in the transaction. Financial terms have not been disclosed. 

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Janssen R&D launches three new research platforms

Friday, February 13, 2015 11:35 AM

Janssen R&D, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, has launched three new research platforms focused on disease prevention, disease interception and the microbiome—areas of transformational medical innovation that are expected to change the healthcare landscape. The new teams will collaborate closely with Janssen’s five therapeutic areas as well as external partners, to underpin ongoing research and propel scientific knowledge.

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Gilead Sciences, Mobiquity each open new London headquarters

Wednesday, February 11, 2015 12:39 PM

Gilead Sciences, a U.S.-based biotechnology company, is deepening its U.K. presence with a new commercial headquarters in the heart of London from which to grow the company's portfolio, which includes treatments for HIV/AIDS, liver diseases, serious respiratory and cardiovascular diseases and cancer. The company's presence in London will foster closer partnerships with clinicians, patient groups and National Health Service and government organizations, as Gilead continues its efforts to broaden access to innovative medicines.

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International GPCR Consortium adds Novo Nordisk and Merck

Wednesday, February 11, 2015 12:34 PM

The GPCR Consortium, an international nonprofit collaboration that comprises academic research institutes in the U.S. and China and major pharma companies around the world, has announced Novo Nordisk and Merck as new members. The companies join AmgenSanofi and Ono in the GPCR Consortium. The research funded by the GPCR Consortium currently is conducted at the Bridge Institute at the University of Southern CaliforniaShanghai Institute of Materia Medica and the iHuman Institute at ShanghaiTech University.

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GlaxoSmithKline acquires GlycoVaxyn for $190M

Wednesday, February 11, 2015 12:32 PM

GlaxoSmithKline has acquired GlycoVaxyn, a specialist vaccine biopharmaceutical company based in Switzerland. Since forming a scientific collaboration in 2012, GSK has held a minority stake in GlycoVaxyn and now has acquired the remaining shares for $190 million in cash to take full ownership of the company.

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Synta outlines new corporate strategy, cuts 43 jobs

Monday, February 9, 2015 12:18 PM

Synta Pharmaceuticals, a Lexington, Mass.-based biopharmaceutical company, has outlined a new corporate strategy aimed at focusing the company's resources on achieving key value creating milestones in 2015 and 2016, and transforming the organization into an oncology biopharmaceuticals company. Part of this process involves cutting 20% of employees from payroll, or 43 jobs.

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Neomed creates a new Biologics and Vaccine Center of Excellence

Thursday, February 5, 2015 12:15 PM

Neomed has launched the Biologics and Vaccine Center of Excellence in Laval under a proposed partnership with GlaxoSmithKline (GSK). This Center will be unique in Canada and GSK has committed $47 million towards its establishment. Neomed is a nonprofit that fosters the development of promising therapeutic approaches emerging from academia and biotechnology companies and is jointly funded by the pharmaceutical industry, the Ministère de l'Économie, de l'Innovation et des Exportations du Québec and the Networks of Centers of Excellence (NCE) of Canada.

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May 26

inVentiv Health aims to help sponsors prepare for new E.U. regulations on observational studies

ACRP partners with CRO Analytics to measure investigative sites' views of clinical trial quality

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The CenterWatch Monthly

May

Job satisfaction mixed as workload increases
Salaries not keeping pace with rise in work, responsibilities

Gamification moving from early science to patient use
Pharma looking to use games for early diagnosis, recruitment, adherence

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April

PSI, INC Research, Chiltern best with sites
Strategic outsourcing prioritizing, improving site relationships

Regulatory compliance an increasing burden on sites
Increased staff time, materials, storage eroding site operating profit

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