United States

C-Path names Martha Brumfield as CEO

Tuesday, February 26, 2013 11:58 AM

The board of directors of the Critical Path Institute (C-Path), an independent, nonprofit organization, have named Martha Brumfield, Ph.D., as interim president and CEO. Brumfield, C-Path’s former director of international and regulatory programs, will take over immediately for Carolyn Compton, M.D., Ph.D. who will be assuming a new position at Arizona State University (ASU).

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Covance, M2Gen to promote faster patient recruitment in biomarker-driven oncology trials

Tuesday, February 26, 2013 09:35 AM

Covance, a Princeton, N.J.-based provider of drug development services, has entered into an exclusive alliance and services agreement with M2Gen, a subsidiary of the Moffitt Cancer Center and developer of personalized cancer treatments.

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Blaze Bioscience raises $9.8M in Series A financing

Monday, February 25, 2013 10:28 AM

Blaze Bioscience, a Seattle-based biotechnology company focused on cancer, has completed a Series A financing totaling $8.5 million, bringing the total funds raised since inception to $9.8 million.

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Lonza awarded NIH contract for research grade iPSCs

Monday, February 25, 2013 09:59 AM

The National Institutes of Health Center for Regenerative Medicine (NIH CRM) has awarded Lonza’s Walkersville, Md., facility a contract to generate induced pluripotent stem cells (iPSCs) for research purposes.  The contract is a three year agreement with a value up to $6.9 million dollars.                                      

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FDA approves new treatment for late-stage breast cancer

Friday, February 22, 2013 12:41 PM

The FDA has approved Genentech’s Kadcyla (ado-trastuzumab emtansine), a new therapy for patients with HER2-positive, late-stage (metastatic) breast cancer.

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Ambit Biosciences registers for proposed IPO

Friday, February 22, 2013 10:47 AM

Ambit Biosciences, a privately held biopharmaceutical company, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for an initial public offering of its common stock on the NASDAQ stock market.

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NIH funds research to identify Parkinson's biomarkers

Wednesday, February 20, 2013 03:46 PM

The National Institute of Neurological Disorders and Stroke (NINDS), part of the National Institutes of Health (NIH), awarded a three-year, $900,000 grant to the Center for Biomedical Imaging Statistics at Emory's Rollins School of Public Health. The grant will fund the center's biomarker research in Parkinson's disease to identify non-invasive imaging measures that can detect changes in brain function and biochemistry.

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Aerial Biopharma closes second tranche of Series A for narcolepsy drug

Wednesday, February 20, 2013 03:19 PM

Aerial BioPharma, a privately held biopharmaceutical company based in Morrisville, N.C., has completed the second tranche of its $12 million dollar Series A financing.  The company has now raised $9.5 million, with the third and final tranche of the Series A to be completed in the fourth quarter of 2013. 

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Ernest Mario named chairman of Chimerix

Wednesday, February 20, 2013 12:25 PM

Chimerix, a Durham, N.C.-based biopharmaceutical company developing novel, oral antivirals in areas of high unmet medical need, has appointed Ernest Mario, Ph.D., as chairman of its board of directors.

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Sophiris Bio files for proposed IPO

Wednesday, February 20, 2013 11:24 AM

Sophiris Bio, a La Jolla, Calif.-based biopharmaceutical company developing a treatment for benign prostatic hyperplasia (BPH or enlarged prostate), has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial U.S. public offering of its common shares on the NASDAQ stock market.

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