Belgian start-up company Octimet Oncology NV has secured €11.3m in a series A financing round. The funds will be used to develop two MET kinase blockers to treat solid tumours.

Photo: A third of US diabetics develop fibrosis in the course of diabetic nephropathy (see photo), several millions of US citizens suffer from liver fibrosis and about 100,000 have idiopathic lung fibrosis. © Wikipedia/KGH

Drug screening expert Evotec AG and Ontario-based MaRS Innovation have launched the joint venture company Fibrocor Therapeutics LP to tackle fibrosis, an unmet medical need and multi-billion US dollars market. 

@ Giulio Cerroni
London-based brain health company Ixico has hired Giulio Cerroni as its new Chief Executive Officer. Cerroni replaced co-founder Derek Hill, who will remain on the board and serve as executive director going forward. 
A microfluidics device used for the SMiLE-seq technique © Alina Isakova/EPFL

Scientists at EPFL have developed a technique that can be a game-changer for genetics by making the characterisation of DNA-binding proteins much faster, more accurate, and efficient.

Comparison of computer tomography (right hand side) and PET/CT with Redectane - ccRCC glowing. © Wilex

German Wilex has licensed its clear cell renal cell carcinoma (ccRCC) antibody Redectane to Australian biopharma company Telix Pharmaceuticals. Redectane is a radiolabeled version of Wilex’ Phase III therapeutic antibody girentuximab.

Picture: Tufts University School of Medicine/ Piyush Gupta

90% of all preclinical drug candidates fail to make the grade. Now novel methods that employ miniaturised organs could help overcome this healthcare hurdle. Researchers and CROs are testing a range of models – whether grown from stem cells or spit out by 3D bioprinters – to identify toxicities, simulate cancer development and identify responders to expensive therapies. The field of 3D microtissue-based screening is just a decade old, but it clearly is soon going to play a key role when it comes to improving productivity in drug development.

Christophe Meréchal, © Mithra
Mithra Pharmaceuticals, a Belgian company focused on women’s health, has appointed Christophe Maréchal as Chief Financial Officer. 
Sprayed canola field. © Bayer

Severe economic and environmental damage: A study commissioned by EU industry association Euroseeds says that the ban of a certain class of insecticides to protect bees causes a lot of ecologic and economic burden.

Curevac's mRNA-based vaccines are funded by the Bill and Melinda Gates Foundation as one of the most promising technologies. © Curevac

For thirty years, industry has worked hard to establish vaccines that can cure cancer. At the 35th JP Morgan Healthcare Conference, German Curevac reported another failure. It remains open whether cancer vaccines or co-administration of other drug classes to immune checkpoint modulators can break solid tumour’s immune tolerance tactics.

Luca Santarelli © Therachon

Swiss rare genetic diseases company Therachon AG has named Luca Santarelli Chief Executive Officer and Director. Santarelli brings widespred experience from his role as Venture Partner at Versant Ventures, founding investor of Therachon.