News

MRC moves to fast-track Zika virus research

The UK’s Medical Research Council has announced a ‘rapid response’ call for research applications centred on the Zika virus, as the infection continues to spread at an alarming rate.

FDA advisors back expanding Takeda, Lundbeck’s Brintellix

Takeda and Lundbeck will by relieved by news that FDA advisors are backing the effectiveness of their antidepressant Brintellix for treating certain aspects of cognitive dysfunction in adults with Major Depressive Disorder (MDD).

2016 profit warning from AstraZeneca

AstraZeneca said it has delivered a strong pipeline and financial performance in 2015, but also warned of tougher times ahead with a low to mid single-digit percentage drop in sales and earnings on the horizon.

Global cancer hub to open in London

A new global hub for cancer research and treatment is set to be established in London with the aim of accelerating the discovery of new treatments.

EU approves AZ’ first-in-class lung cancer drug

Patients in Europe with a certain form of lung cancer could soon get access to a new, first-in-class treatment option after regulators waved through AstraZeneca’s targeted therapy Tagrisso.

Teva teams up with AbCellera in antibodies deal

Teva has teamed up with Canadian biotech AbCellera for the discovery of rare monoclonal antibodies, using AbCellera’s high-throughput single cell antibody platform. This marks the second such deal for the Canadian firm in the space of a week.

Mission raises £60m to drive DUB programme

Cambridge, UK-based drug discovery and development group Mission Therapeutics has raised £60 million from investors and existing shareholders to help drive advances in its key therapeutic programmes.

Pfizer’s fourth-quarter results top expectations

Pfizer has booked sales of $14 billion for the fourth quarter, marking a rise of 7% over the year-ago period, as operational growth of 14% was reigned in by currency exchange rate effects. 

Sanofi to search for Zika vaccine

Sanofi Pasteur has announced that it is developing a vaccine for the Zika virus, which is spreading rapidly across the Americas.