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- Valeant pays $65M upfront for U.S. rights to Eisai's Targretin
Eisai has sold the U.S. rights to Targretin capsules and 1% gel to Valeant Pharmaceuticals for $65 million plus possible milestone fees. Valeant will handle the new drug application and other regulatory obligations in the U.S. Targretin, or bexarotene, capsules and gel are used to treat patients with skin problems associated with cutaneous T-cell lymphoma who failed to respond to at least one systemic treatment. Genetic Engineering & Biotechnology News
(2/21)
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- Pluristem gets orphan drug designation for PLacental eXpanded cells
Pluristem Therapeutics' PLacental eXpanded cells have been designated an orphan-disease treatment by the FDA as a therapy for aplastic anemia. "Receiving orphan drug designation for aplastic anemia is an important event for Pluristem as it open pathways for using our PLX cells for additional indications in the field of hematology," said Zami Aberman, Pluristem's chairman and CEO. Globes (Israel)
(2/21)
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- N.D. researchers tout biofuel potential of energy beets
Scientists at Northern Great Plains Research Laboratory in North Dakota say trials have shown energy beets grown on an acre of non-irrigated land doubles the amount of ethanol produced by corn on a comparable basis, and that figure increases on irrigated land. BeetsAll Biofuel, a partner in the project, aims to develop 16 energy beet processing facilities in North Dakota, with the first due to break ground in 2015, a company representative said. The Bismarck Tribune (N.D.)
(2/21)
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