CEPI commits up to US$80m to University of Oxford to develop vaccines

The Coalition for Epidemic Preparedness Innovations (CEPI) and the University of Oxford have entered into a strategic partnership to accelerate the development of globally accessible vaccines against endemic outbreaks.

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Pairwise and Bayer collaborate to CRISPR short-stem maize

Bayer and Pairwise extend their collaboration in precision breeding for five further years to develop CRISPR applications for Bayer’s Preceon™ Smart Corn System.

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Mystery solved: Mysthera Theapeutics launches with $3.5m

Mysthera Therapeutics AG has launched in Basel with $3.5m in seed funding from founding investor Forty51 Ventures. The capital will be used to advance its preclinical portfolio in a variety of autoimmune indications. The focus is on pan-PIM kinase inhibitors that uniquely modulate multilineage immune cell functions.

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Mithra raises €20m through private placement

Women’s health specialist Mithra Pharmaceuticals SA has entered into a definitive agreement to raise €20m in gross proceeds via a private placement of 10 million new ordinary shares with Armistice Capital.

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Synbio experts develop cells that hear

ETH Zurich researchers have developed a gene switch that triggers insulin release in designer cells by playing music.

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Valneva announces extension of existing loan agreement

French vaccine maker Valneva SE will double the amount of a US$100m debt financing granted by Deerfield Management Company and OrbiMed.

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Spexis AG bags money for pivotal Phase III trial

Swiss Spexis AG  has announced a US$2.5m capital commitment to fund a two-part pivotal Phase III study to get market approval for its inhaled cystic fibrosis antibiotic colistimethate sodium.

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Novo Nordisk takes over Inversago Pharma Inc.

With a US$1bn acquisition of Canadian Inversago Pharma, Novo Nordisk A/S fiights to maintain its dominant position in the booming weight loss drug market.

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