Recent Sector News
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Alliance Pharma lining up "healthy pipeline" of acquisitions
Pharmaceutical company Alliance Pharma said it has a “healthy pipeline” of acquisition opportunities as it updated shareholders today at its AGM.
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e-Therapeutics expects first data from new drug trials this year - UPDATE
Drug discovery and development company e-Therapeutics expects to see the first findings from its new programme of clinical trials before the end of this year.
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Medgenics cleared by FDA to begin Phase IIb clinical trials for EPODURE; shares up
Biopharmaceutical company Medgenics (LON:MEDG, AMEX:MDGN) achieved a major milestone today - with clearance to begin a phase IIb trial of EPODURE to treat anaemia in kidney failure patients.
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Silence Therapeutics hails early stage anti-tumour results as patients stabilise
Gene therapy specialist Silence Therapeutics said data for its anti-cancer drug ‘strongly indicates’ disease stabilisation and safety in terminal cancer patients.
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Tissue Regenix targets chronic shortage of donor tissue - update
Regenerative tissue specialist Tissue Regenix has completed a preclinical trial on a new replacement cartilage with results due later this year.
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GlaxoSmithKline: Will realism prevail as drugs giant goes hostile with US$2.6bn HGS bid?
Shares in GlaxoSmithKline fell in morning trade after it went hostile with its bid to acquire the American biotech Human Genome Sciences.
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Silence Therapeutics stands to gain after partner renegotiates Pfizer deal
Gene therapy specialist Silence Therapeutics could earn substantially more in royalties and milestone payments after partner Quark Pharmaceuticals renegotiated a research deal with drug giant Pfizer.
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ReNeuron raises over £6 million for stem cell research and development
The stem cell specialist ReNeuron said it had successfully raised over £6 million to fund its ongoing research and development programme.
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Summit Corporation shares surge as gets green light for phase I trials of Duchenne Muscular Dystrophy drug
Chief executive Glyn Edwards told Proactive Investors it was an "important milestone" for the company. The phase I study will test the safety and tolerability of an oral formulation of Summit’s SMT C1100
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Summit Corporation gets green light for human trials of Duchenne Muscular Dystrophy drug
The drug discovery group Summit Corporation (LON:SUMM) has received the green light for human trials of its potentially breakthrough treatment for Duchenne Muscular Dystrophy.
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Tissue Regenix takes pole position in regeneration game
Plenty of ageing ex-sportsmen would like nothing more than new bit of cartilage to ease an aching knee, but that could be just the start of a whole range of new body parts Tissue Regenix may be able to supply using its new cell washing technology.
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ImmuPharma in broker spotlight after bid emerges for rival lupus drug maker
GlaxoSmithKline’s $2.6 billion hostile bid for Human Genome Science yesterday highlighted the commercial potential for biotech ImmuPharma's rival lupus drug, Lupuzor, suggest analysts.
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Plant Impact secures US registration for BugOil
Plant Impact announced that the United States Environmental Protection Agency (EPA) has registered tagetes oil, a primary component of BugOil, as a new active ingredient in the United States for use on food crops.
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Oxford Pharmascience: On the road to profitability
The group's transformation in the past year could catapult it into the realms of the mid-caps if all goes to plan.
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ImmuPharma in talks with a "number of companies" over Lupuzor
Drug discovery specialist ImmuPharma this morning said it is in discussions with a “number of companies” interested in jointly developing its breakthrough drug Lupuzor.
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Sphere Medical says a partner for Proxima is "a key objective" for 2012
Sphere Medical said this morning that commercial partnering of its breakthrough Proxima Generation 3 blood analyser “remains the core objective of the current year”.
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Silence Therapeutics looks to out-licensing deals; wants to find 'non-dilutive' forms of finance
Silence Therapeutics said one of its priorities this year is to sign an out-licensing, or co-development agreement for its cancer drug candidate Atu027, or Atu111 for acute lung injury.
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Plethora Solutions says it is delighted with response from regulators assessing PSD502 - UPDATE
Plethora Solutions this morning said it was delighted by the initial response to its first regulatory submissions for PSD502, a treatment for premature ejaculation. Investors also greeted the news, sending the stock higher.
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Plethora Solutions says it is delighted with initial response from regulators assessing PSD502
Plethora Solutions this morning said it was delighted by the initial response to its first regulatory submissions for PSD502, a treatment for premature ejaculation.
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Summit Corp reports positive data from Alzheimer’s drug studies, shares up
Compounds it is developing to combat Alzheimer’s have shown the ability to penetrate the Blood Brain Barrier, a major obstacle for any drugs group developing treatments that have to act in the brain.
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ImmuPharma: A second bite at the cherry, but is the market really plugged into Lupuzor's potential?
Very rarely does a small drug company have the opportunity to do the same transaction twice – with every prospect of getting an even better deal the second time around. But this is exactly what has happened with ImmuPharma.
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Epistem shares buoyed by trans-Atlantic takeover battle
A multi-billion dollar trans-Atlantic takeover battle is having a particularly positive impact on a small but emerging player in the arena of stem cell research. AIM-listed Epistem has seen its share price jump 17 per cent in just over a month.
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Pharma sector set to outperform this year
The pharmaceuticals sector will continue to outperform this year after a stellar 2011, according to research from Berenberg Bank
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Sphere device has potential to improve propofol dosing, according to study
Sphere Medical’s Pelorus 1000 blood monitor has the potential to “significantly improve” the accuracy of dosing patients receiving the anaesthetic propofol, according to a study carried out at the Queen Elizabeth Hospital, Birmingham.
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Medgenics poised to announce major progress, says boss
Biopharmaceutical firm Medgenics is poised to announce major progress for its novel protein delivery system, the Biopump, according to chief executive and president Dr Andrew Pearlman.
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Something for everyone at next Thursday's Proactive Investors One2One Forum in London: ImmuPharma, Oxford Pharmascience, Seeing Machines and Probability
We have a line-up that offers something for everyone at the Proactive Investors One2One Forum in London next Thursday (February 9). We have ImmuPharma and Oxford Pharmascience presenting alongside Seeing Machines and Probability.
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ValiRx shares soar on skin cancer testing patent in Europe
Landing the patent means that ValiRx can start marketing the product to the oncology research industry and fellow drug developers, while planning a larger product launch into the wider market.
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Sphere Medical: What do you want - blood?
Sphere Medical enjoyed a successful IPO in November and the company is now set fair for a dazzling future. But this is after years of uncertainty, and even just a few months ago the company was within days of running out of money. Jenny Chapman of Cambridge Business went to see founder and chief executive Stuart Hendry to hear the gory details.
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ReNeuron CTX stem cell line holds up well under large-scale manufacturing conditions
ReNeuron said that its lead CTX neural stem cell line held up well under large-scale manufacturing conditions. The stress tests were carried out by professor Mike Hoare and his team at University College London.
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ImmuPharma, Shire, ReNeuron and Epistem make it into Merchant's top 12 for 2012
This year is predicted to be one of mixed fortunes for the life sciences sector, according to Merchant Securities. Many of the larger pharmaceuticals companies such as Pfizer, Novartis and AstraZeneca are now facing what is known as the patent cliff. This is where blockbuster drugs lose their patent protection and come under heavy competition.
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