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Liftstream is an executive search recruitment company in the life sciences sector

Roche announces acquisition of InterMune

Authored by James Sheppard The global pharmaceutical company Roche has announced it has purchased the California based, biotech, InterMune, for $8.3bn. The deal will give Roche access to a potential blockbuster drug for idiopathic pulmonary fibrosis. Roche will pay $74 … Continue reading

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Roche acquires Danish biotech Santaris

Authored by James Sheppard The global pharma giant Roche has announced it will acquire the Copenhagen based biotech company Santaris. The deal is worth an estimated $250m in upfront cash and additional milestone payments up to the value of $200m. … Continue reading

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Roche purchases diagnostic company IQuum

Authored by James Sheppard The global pharmaceutical giant Roche announced that it completed the purchase of Boston biotech cluster based, diagnostics company IQuum. IQuum specialise in the development of point of care diagnostics (PoC) and will be absorbed into Roche’s … Continue reading

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Covagen raises $63m for targeted antibody work

Authored by Karl Simpson The Swiss biotechnology company Covagen announced that it had successfully completed a second round of funding (series B) by raising $63m. The funding came from existing investors such as Novartis and new investors such as Ascent … Continue reading

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Symphogen’s Monoclonal Antibody Technology Making Waves

Authored by James Sheppard The Danish biotechnology company Symphogen has been in the spotlight of late with a wave of positive clinical and financial news. Symphogen are developing monoclonal antibodies (mABs) for the treatment of various oncological indications including colorectal, … Continue reading

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Roche Returns to Antibiotics with Polyphor Deal

Authored by James Sheppard Swiss pharmaceutical giant Roche signalled its return to the antibiotics market with its $560m deal for the rights to Swiss biotech Polyphor’s experimental antibiotic. The deal will see Polyphor receive $40m upfront and a further $520m … Continue reading

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Pacific Biosciences rockets after Roche Deal

Authored by James Sheppard Global pharma and diagnostics giant Roche and US based Pacific Biosciences (PacBio) have signed a $75m product development deal. The deal will see PacBio develop and make gene sequencing and other clinical products and license them … Continue reading

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Onyx deal signals broader interest in orphan drugs

Authored by Karl Simpson The opportunities for orphan drug therapies addressing rare diseases has been a dominant feature of the pharmaceutical industry the past 12 months, and the fervour around companies working in the orphan drug category have been receiving … Continue reading

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Roche scores conditional European win with Erivedge

Authored by Karl Simpson Genentech continues to make advances in the area of oncology, firstly through the widely spoken of data that came out of ASCO surrounding their cancer immunotherapies antibody product development (MPDL3280A) which will rival both Merck and … Continue reading

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Roche reaffirms commitment to Hematology Testing

Authored by James Sheppard Global pharmaceutical company Roche announced that its diagnostic division, Roche Diagnostics, had completed the acquisition of the USA based developer Constitution Medical Inc (CMI). CMI are based in the Boston biotech cluster and develop innovative hematology … Continue reading

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