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Cell and Gene Therapy

MERCK AND ORNA THERAPEUTICS COLLABORATE TO ADVANCE ORNA’S NEXT GENERATION OF RNA TECHNOLOGY

Merck and Orna Therapeutics | August 17, 2022

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Merck known as MSD outside the United States and Canada, and Orna Therapeutics, a biotechnology company pioneering a new investigational class of engineered circular RNA therapies, today announced a collaboration agreement to discover, develop, and commercialize multiple programs, including vaccines and therapeutics in the areas of infectious disease and oncology. Under the terms of the agreement, Merck will make an upfront payment to Orna of $150 million, which will be expensed b...

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LILLY AND SITRYX SIGN $880 MILLION+ 5-YEAR DEVELOPMENT DEAL

BioSpace | March 31, 2020

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Eli Lilly and Oxford, England-based Sitryx entered an exclusive global licensing and research collaboration. The two companies will work to develop up to four preclinical compounds discovered by Sitryx for autoimmune diseases. Under the terms of the deal, Lilly is paying Sitryx $50 million up front. Lilly will also make a $10 million equity investment in the company. Sitryx will be eligible for development milestones up to $820 million, in addition to commercialization milestones and royalty pay...

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Medical

CAJAL NEUROSCIENCE LAUNCHES WITH $96 MILLION TO TRANSFORM TARGET AND DRUG DISCOVERY IN NEURODEGENERATION

Cajal Neuroscience | November 30, 2022

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Cajal Neuroscience, a biotechnology company integrating human genetics, functional genomics and advanced microscopy to discover novel targets and therapeutics for neurodegeneration, launched today with the completion of a $96 million Series A financing. Cajal is uniquely focused on the mechanistic, spatial and temporal complexity of neurodegeneration, integrating deep expertise in neuroscience, neuroanatomy and computational biology with state-of-the-art technologies for high-throughput function...

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EDITING TECHNOLOGY TO IDENTIFY AND ADVANCE GENETIC DYSFUNCTION THERAPIES

BlueAllele | July 27, 2020

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BlueAllele, a biotechnology company focused on enhancing the quality and precision of gene editing systems for patients with genetic diseases, announced the launch of PALIDON™, an innovative and proprietary repair template technology.Many rare genetic diseases are caused by mutations within a single gene. However, the location of the mutation often varies for different individuals with the same disease. Conventional gene editing approaches are primarily limited to correcting small re...

Read More
news image

Cell and Gene Therapy

MERCK AND ORNA THERAPEUTICS COLLABORATE TO ADVANCE ORNA’S NEXT GENERATION OF RNA TECHNOLOGY

Merck and Orna Therapeutics | August 17, 2022

Merck known as MSD outside the United States and Canada, and Orna Therapeutics, a biotechnology company pioneering a new investigational class of engineered circular RNA therapies, today announced a collaboration agreement to discover, develop, and commercialize multiple programs, including vaccines and therapeutics in the areas of infectious disease and oncology. Under the terms of the agreement, Merck will make an upfront payment to Orna of $150 million, which will be expensed b...

Read More
news image

LILLY AND SITRYX SIGN $880 MILLION+ 5-YEAR DEVELOPMENT DEAL

BioSpace | March 31, 2020

Eli Lilly and Oxford, England-based Sitryx entered an exclusive global licensing and research collaboration. The two companies will work to develop up to four preclinical compounds discovered by Sitryx for autoimmune diseases. Under the terms of the deal, Lilly is paying Sitryx $50 million up front. Lilly will also make a $10 million equity investment in the company. Sitryx will be eligible for development milestones up to $820 million, in addition to commercialization milestones and royalty pay...

Read More
news image

Medical

CAJAL NEUROSCIENCE LAUNCHES WITH $96 MILLION TO TRANSFORM TARGET AND DRUG DISCOVERY IN NEURODEGENERATION

Cajal Neuroscience | November 30, 2022

Cajal Neuroscience, a biotechnology company integrating human genetics, functional genomics and advanced microscopy to discover novel targets and therapeutics for neurodegeneration, launched today with the completion of a $96 million Series A financing. Cajal is uniquely focused on the mechanistic, spatial and temporal complexity of neurodegeneration, integrating deep expertise in neuroscience, neuroanatomy and computational biology with state-of-the-art technologies for high-throughput function...

Read More
news image

EDITING TECHNOLOGY TO IDENTIFY AND ADVANCE GENETIC DYSFUNCTION THERAPIES

BlueAllele | July 27, 2020

BlueAllele, a biotechnology company focused on enhancing the quality and precision of gene editing systems for patients with genetic diseases, announced the launch of PALIDON™, an innovative and proprietary repair template technology.Many rare genetic diseases are caused by mutations within a single gene. However, the location of the mutation often varies for different individuals with the same disease. Conventional gene editing approaches are primarily limited to correcting small re...

Read More