Qiagen signed up to distribute the mid- and high-throughput versions of NeuMoDx’s PCR automation systems in major markets outside the U.S. in 2018. The agreement saw Qiagen take a 20% stake in its new partner and secure an option to buy the remaining 80% for $234 million, plus adjustments for cash, indebtedness and transaction costs. Since then, Qiagen and NeuMoDx have worked to expand the test menu, most recently in response to COVID-19.
ZURICH (Reuters) – Drugmaker Roche on Friday said it had received Emergency Use Authorization from the U.S. Food and Drug Administration for a test to quickly detect whether a patient has SARS-CoV-2 or one of two forms of influenza
HOUSTON, Sept. 9, 2020 /PRNewswire/ — Kraton Corporation (NYSE: KRA), a leading global producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, is seeking regulatory approval for BIAXAM, a novel sulfonated polymer technology with long-lasting self-disinfecting properties that has been demonstrated in studies to quickly inactivate up to 99.99% of SARS-CoV-2 (virus that causes COVID-19) and other microbes.
HOUSTON, Sept. 9, 2020 /PRNewswire/ — Kraton Corporation (NYSE: KRA), a leading global producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, is seeking regulatory approval for BIAXAM, a novel sulfonated polymer technology with long-lasting self-disinfecting properties that has been demonstrated in studies to quickly inactivate up to 99.99% of SARS-CoV-2 (virus that causes COVID-19) and other microbes.
SR One, a venture capital firm focused on the biotech space, is looking to raised up to $400m for its new fund.
The firm has yet to register any capital for SR One Capital Fund I, according to the latest US Securities and Exchange Commission filing.
It is unclear whether the $400m figure on the document is just a target or will also be a hardcap for the fundraise.
Emergent BioSolutions will further strengthen its contract development and manufacturing capabilities by expanding into viral vector and gene therapy by investing $75 million in its Canton facility.
The facility is focused on the development and manufacturing of drug substances for live viral vaccines, including the company’s smallpox vaccine.
“Emergent’s expansion into advanced therapy CDMO services is based on our biologics expertise and a strong understanding of our customers’ current and future needs,” said Sean Kirk, executive vice president, manufacturing and technical operations at Emergent BioSolutions. “We are investing in our people, plants and products to meet the growing demand for precision treatments and to help get these therapies to patients.”
Aurinia Pharmaceuticals (Aurinia) is a late-stage clinical biopharmaceutical company (Toronto Stock Exchange (TSX:AUP); NASDAQ (NASDAQ:AUPH) focused on commercializing therapies for rare autoimmune and inflammatory conditions. Headquartered in Vancouver, British Columbia, the company announced in March 2020 that it had established its U.S. commercial center of operations in Rockville, Maryland, which is actively staffing up with key personnel. Among the key leaders, Aurinia attracted were two veteran industry executives with deep ties to the region: former top MedImmune executives Peter Greenleaf and Max Donley are the company’s CEO and EVP, Internal Operations and Strategy, respectively. They both joined Aurinia’s leadership team in 2019
Maryland is the epicenter of biotech and life science innovation in the BioHealth Capital Region (BHCR). The state is home to a burgeoning life science ecosystem, including a rapidly growing cell and gene therapy industry, a robust and growing advanced biomanufacturing environment, and a deep network of leading research universities and critical government life science research entities.
Graybug Vision, an Ocular disease biotech, filed with the SEC on September 4, 2020 for an $86 million IPO on the Nasdaq Global Market under the ticker symbol GRAY. SVB Leerink, Piper Sandler, Needham & Co. and Wedbush PacGrow are the joint underwriters on the offering, for which pricing terms were not disclosed.
