Danish Lundbeck AS is has secured a stake in the  migraine market by paying US$1.95bn (€1.76bn) to acquire Alder BioPharmaceuticals Inc. 

Prague-based PPF Group has acquired a 19.2% stake in Autolus Therapeutics plc, a developer of T cell cancer therapies.

The Board of Directors of Menarini Group has appointed Mrs. Elcin Barker Ergun as CEO.

German and US researchers have found a biomarker that identifies tumours responding to CTLA-4 checkpoint blockers.

French biotech Inotrem SA raised €39m to finance Phase IIb efficacy testing of its TREM1 blocker nangibotide (Motrem) in patients with septic shock.

Paris-based Ermium Therapeutics has completed a Series A financing to develop breakthrough auto-immune therapeutics.
 

Leiden-based Pharvaris BV received a cash injection that will be used to push PHA121, the very first orally administered hereditary angioedema (HAE) drug.

London and Boston-based 4BIO Ventures has raised US$50m to target early-stage developers of advanced therapies by means of its new 4Bio Ventures II fund.

PDC*line Pharma, a clinical stage biotech company developing a new class of immunotherapies for cancers announced today that Dr Channa Debruyne joined the company in August as medical director to lead the clinical research team.

Antibody drug conjugate expert ADC Therapeutics SA has filed a Registration Statement for an Initial Public Offering with the US Securities and Exchange Commission.