Novartis AG executes licence option with Molecular Partners

After Molecular Partners AG reported an 78% reduction of hospitalisation by a single ensovibep dose in infected COVID-19 patients, Novartis AG is to pay a CHF150m milestone.

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Neurimmune inks US-$760 deal with AstraZeneca

Neurimmune has entered into a collaboration and license agreement with AstraZeneca subsidiary Alexion Pharmaceuticals to commercialise its antibody NI006.

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Santhera finds Chinese marketing partner for vamorolone

Swiss Santhera Pharmaceuticals has entered into a $124m licence deal with Chinese Sperogenix Therapeuticis to market its DMD drug vamorolone.

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DNA Script bags US$200m financing

Moderna’s US-French partner DNA Script has raised additional $35m as a second tranche of a Series C financing to advance its Enzymatic DNA Synthesis platform, Syntax.

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Sound Bioventures Fund I AB closes at €110m

Novo Holdings, together with Saminvest, Vækstfonden, the European Investment Fund and its three co-founders have put €110m in the first fund of Sound Bioventures AB.

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Season Greetings

Merry Christmas and a Happy New Year!

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Novo Holdings invests €86m in 21st.BIO

Novo Holdings is set to invest €86m in 21st.BIO A/S – a new Danish bioindustrial scale-up company – to boost the production of proteins.

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Novartis AG snags Gyroscope for US$1.5bn

Ocular gene therapy specialist Gyroscope Therapeutics Holdings plc is to be acquired by Novartis AG for up to $1.5bn.

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