© pixabay.com/travelkr

At BioEquity 2019, Spanish Bioindustry Association ASEBIO has given a sneak peek into its 2018 Annual Report, that each year describes the news and trends from the Spanish Biotech Sector.

Structure model of idebenone. 123rf.com/ molekuul

Chiesi Farmaceutici has licenced commercialiation rights for LHON treatment Raxone (idebenone) from Santhera Pharmaceuticals for CHF50m (€44m) in cash plus sales milestones.

Using targeted mutation methods, a break in the DNA strand is induced at a specific site and subsequently is repaired by the cell's own DNA repair system. When DNA mismatches occur, the appropriate gene in no longer functional. © 123rf.com/Andrii Panchyk

EU agriculture ministers want to exclude crops created by targeted mutation methods from EU GMO legislation.

Seattle headquarters of Just Biotherapeutics. ©Just Biotherapeutics, Inc
Evotec SE is set to acquire biologics manufacturing specialist Just Biotherapeutics, Inc in a deal that could amount up to $90m.

The codon-specific elongation model (COSEM) simulates protein synthesis. © Scientific Reports

Researchers at German regulatory authority Paul-Ehrlich Institute (PEI) have patented a method to accurately forecast biotech-based protein synthesis in host cells.

© DNA Script

In an oversubscribed Series B round led by LSP, Paris-based DNA Script raised US$38.5. Bpifrance and existing investors Illumina Ventures, M. Ventures, Sofinnova Partners, Kurma Partners and Idinvest Partners contributed.

SBD 2019 Plenary Session. Picture: Deirdre O'Keeffe

Although the Swiss biotech sector continues to grow and the annual Swiss Biotech Day is as sought-after as never before, panelists and attendees remain cautious with their predictions. A reoccurring theme at the event in Basel was the plea for change. 

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Researchers from Universities Nijmegen and Naples have presented a retinal AAV-based gene therapy delivery system that can express huge genetic elements by assembling protein fragments from several vectors.

EIB Vice-President Alexander Stubb and Tuomas Tenkanen, CEO of Mobidiag. © EIB

Molecular diagnostics company Mobidiag has received an EIB loan to accelerate the development and commercialisation of its in vitro diagnostic solutions for infectious diseases.

© 123rf.com/Kateryna Kon

Privately financed Italian antibody-cytokine fusion protein specialist Philogen SpA has secured €62m from private investors including the Neri and Dompé families to push registration of two  wholly owned Phase III products.