Industry News

ProNAi Therapeutics, Inc., a clinical-stage drug development company advancing targeted therapeutics for the treatment of patients with cancer, today announced that it has obtained..."/>
ProNAi Licenses Oncology Drug Targeting DNA Damage Response Checkpoint Kinase 1 (Chk1) from CRT Pioneer Fund, UK
EnteroMedics Inc., the developer of medical devices using neuroblocking technology to treat obesity, metabolic diseases and other gastrointestinal disorders, today announced the appointment of President and Chief Executive Officer Dan Gladney as Chairman of the Board of Directors, effective October 14, 2016. Mark Knudson, co-founder of EnteroMedics, who will be retiring from the Board. Knudson will be Special Advisor to the CEO on..."/>
EnteroMedics Announces Appointment of Dan Gladney as Chairman of the Board of Directors
Nektar Therapeutics today announced a new clinical collaboration to evaluate Bristol-Myers Squibb’ s Opdivo with Nektar’ s investigational medicine, NKTR-214, as a potential combination treatment regimen in five tumor types and seven potential..."/>
Bristol-Myers Squibb and Nektar Therapeutics Announce Oncology Clinical Collaboration to Evaluate the Combination of Opdivo (nivolumab) and NKTR-214
Boston Scientific and EndoChoice Holdings, Inc. today announced the companies have entered into a definitive agreement under which Boston Scientific has agreed to acquire EndoChoice. Upon completion of the transaction, EndoChoice will become part of the Boston Scientific endoscopy business. EndoChoice develops and commercializes innovative products and services for specialists treating a wide range of..."/>
Boston Scientific to Acquire EndoChoice
AbbVie revealed on Monday that it has filed its supplemental New Drug Application for ibrutinib for the treatment of patients with marginal zone lymphoma, a slow-growing form of non-Hodgkin's lymphoma. The company added that its sNDA submission with the US Food and Drug Administration is based on data from a multi-centre, open-label Phase II PCYC-1121-CA trial assessing ibrutinib as a single-agent treatment for MZL."/>
AbbVie submits sNDA for ibrutinib (IMBRUVICA) for treating marginal zone lymphoma
Exelixis Inc announced on Monday that Julie Anne Smith has been elected to the company's board of directors, effective 22 September 2016.. Currently, Smith serves as president and chief executive officer of Raptor Pharmaceuticals, a position she has held since 2013. She joined Raptor Pharmaceuticals in 2012, beginning her tenure as executive vice president and chief operating officer."/>
Exelixis names Julie Anne Smith to board
Mylan NV faced accusations Monday that Chief Executive Heather Bresch wasn't forthright when she told Congress the drugmaker makes $100 in profit on a two-pack of its EpiPen allergy device because she didn't make clear that tax expenses had been deducted from the figure. The company disclosed in a regulatory filing Monday that profit, which Bresch provided last week during a congressional hearing about the device's skyrocketing price, factored a 37.5 percent U.S...."/>
Mylan: Epipen profits higher than Bresch told Congress [The Pittsburgh Tribune-Review]
Cesca Therapeutics Inc., an autologous cell-based regenerative medicine company, today announced that Dalip Sethi, Ph.D., Director of Clinical Research, will be presenting at the 2016 International Society for Cellular Therapy North America Regional Meeting, to be held from September 30 to October 2, 2016 at the Peabody Hotel in Memphis, Tennessee. The company will also be exhibiting at the meeting in Booth 215.. “We are very pleased to present..."/>
Cesca Therapeutics to Present & Exhibit at the ISCT North America 2016 Regional Meeting
Egalet Corporation, a fully integrated specialty pharmaceutical company focused on developing, manufacturing and commercializing innovative treatments for pain and other conditions, today announced that an editorial addressing approaches to Category 1 testing of abuse-deterrent formulations of opioids has been published in Pain Practice. The editorial titled, "Striving for Consensus on Approaches to Category 1 Testing of..."/>
Editorial Discussing Approaches to Category 1 Testing of Abuse-Deterrent Formulations of Opioids Published in Pain Practice
IsoRay, Inc., a medical technology company and innovator in seed brachytherapy and medical radioisotope applications for the treatment of prostate, brain, lung, head and neck, and gynecological cancers, today announced that on September 23, 2016, it entered into a Stipulation of Settlement, pursuant to which IsoRay and IsoRay's former CEO have, subject to certain conditions and approvals, agreed to settle the previously-disclosed..."/>
IsoRay, Inc. Enters Into Agreement to Settle Class Action Shareholder Litigation
Provectus Biopharmaceuticals, Inc., a clinical-stage oncology and dermatology biopharmaceutical company, today announced that the Society for Immunotherapy of Cancer has accepted an abstract for a poster presentation related to the use of PV-10, an investigational ablative immunotherapy under..."/>
Provectus Biopharmaceuticals Announces Acceptance of Abstract for Poster Presentation at 31st SITC Annual Meeting
Intrexon Corporation announced on Monday the grant of options to purchase an aggregate of 2,000,000 shares of its common stock to Geno J. Germano in connection with his appointment as president pursuant to New York Stock Exchange Rule 303 A.08 and the 2013 Omnibus Incentive Plan. The company added that Germano received the options to purchase an aggregate of 2,000,000 shares of its common stock at an exercise price of USD29.94, the closing price per..."/>
Intrexon awards inducement stock options to new president Geno J. Germano
Amgen today announced top-line results of the Phase 3 CLARION trial, which evaluated an investigational regimen of KYPROLIS ®, melphalan and prednisone versus Velcade ®, melphalan and prednisone for 54 weeks in patients with newly diagnosed multiple myeloma who were ineligible for hematopoietic stem-cell transplant. The trial did not meet the primary endpoint of superiority in progression-free survival."/>
Amgen Announces Top-Line Results From Phase 3 KYPROLIS® (Carfilzomib) CLARION Study In Newly Diagnosed Multiple Myeloma Patients
Max Financial Services Ltd have cleared a proposal to pay a Rs.850 crore non-compete fee to Analjit Singh and other promoters of the Max group. This was a pre-requisite to the firm's three-way merger with its unit Max Life Insurance Co. Ltd and HDFC Life Insurance Co. Ltd.. Around 65% of votes polled were in favour of the resolution to pay the non-compete fee, said a Max Financial notice to the stock exchanges on Tuesday."/>
HDFC Life-Max merger: Max Financial shareholders okay non-compete fee [Mint, New Delhi]
Karolinska Development AB today announces that its portfolio company Dilafor AB, a drug development company focusing on the development of tafoxiparin for obstetric indications, has successfully completed a financing round raising SEK 51 million from new and existing investors. New investors include Lee's Healthcare Industry Fund, Rosetta Capital IV and Pila AB. Dilafor's largest existing shareholder, KDev Investments (an investment fund..."/>
Karolinska Development portfolio company Dilafor AB raises SEK 51 million to facilitate Phase IIb clinical study with tafoxiparin
Bionor Pharma ASA regarding the primary insider notification from certain primary insiders of the Company that have received Subscription Rights in the Rights Issue."/>
Bionor Pharma ASA : Primary inside Notification - Cecilie Grue
Staples removes interim tag, names Goodman CEO. Staples Inc. named interim Chief Executive Officer Shira Goodman to the position on a permanent basis, betting on a company veteran as the office-supply retailer works to move forward from its failed merger with Office Depot Inc.. Goodman also will join the board, the Framingham-based company said yesterday in a statement."/>
Boston Herald The Ticker column [Boston Herald]
Teva Pharmaceutical Industries Ltd. in the New York court regarding the acquisition of the Mexican firm Rimsa will probably not be the only legal action Teva will have to conduct regarding this acquisition. Yesterday, the Central District Court received a request to file a derivative suit against Teva, company directors and executives, including CEO Erez Vigodman and CFO Eyal Desheh, and against Citigroup, which provided Teva with consultation..."/>
Shareholders sue Teva over Rimsa acquisition [Globes, Tel Aviv, Israel]
Piramal Enterprises Ltd's Structured Finance Group, the non-real estate lending business, plans to provide customized lending solutions to companies across sectors and double its team as it seeks to expand its business aggressively. "Any promoter anywhere in India who wants money, wants flexibility and wants a good partner, should call on us. We want to become the first port of call for all companies, "said Khushru Jijina, managing director at Piramal Fund..."/>
Piramal's SFG plans aggressive expansion [Mint, New Delhi]

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