Chemical structure of Pfizer's protease inhibitor Paxlovid, which targets the same binding site at the main protease as a protease inhibitor developed to target the main protease of the SARS virus in 2003 but which was structurally different. © Dr Felix Klatt, BIOCOM AG

Pfizer Inc announced it will  allow generic makers in 95 low income nations to produce and distribute its COVID-19 pill Paxlovid at cost price.

The future of research? © Schäferle / Pixabay

London-based Synthace, which develops software to automate biology experimentation, has raised US$35m in a Series C from notable investors.

© Valneva

The EU has secured 60 million doses of Valneva’s potential Covid-19 vaccine VLA2001. When approvied, it would be the first inactivated vaccine on the EU market.

© pixabay.com

Life Sciences investor LSP is set to being acquired by Europe’s largest equity specialist EQT AB.
 

© Euronext

Two European oncology biopharma companies have made the leap onto the stock market: French MaaT Pharma went public on Euronext Paris, while Danish IO Biotech chose Nasdaq Global Market for its IPO.

Alexas_Fotos / Pixabay

European life science investor LSP has raised €850m for its 7th generation flagship fund LSP 7.

© Dunad Therapeutics

Dunad Therapeutics Ltd had entered into a $1.3bn option deal with Swiss pharma major Novartis AG to develop targeted protein degrader therapies.

kalhh / Pixabay

Luxembourg-headquartered Covis is taking two COPD drugs off AstraZeneca’s hands in a US$270m deal.

HGF activator protein. ©123rf.com/lculig

Belgian Agomab Therapeutics NV is expanding its European footprint by acuiring Barcelona-based fibrosis therapy specialist Origo Biopharma.

bfishadow via flickr (CC BY 2.0)

German drug discovery company Evotec plans to raise US$576m on the US-American stock exchange Nasdaq to finance extensive investments.