Financial News

Week in Review: Agilent Pays $250 Million to Acquire ACEA and its Cell Therapy Analyzer

Deals and Financings ACEA Biosciences, a San Diego-Hangzhou company that makes the xCELLigence® cell therapy analysis device, will be acquired by Agilent for $250 million; Zhejiang Anglikang Pharma of Shengzhou has been approved to stage an $87 million IPO on the Shenzhen SME Exchange; CSPC Pharmaceutical in-licensed China rights to an approved cancer treatment, Copitra™, from Verastem of Boston in a $45 million agreement; Cellular Biomedicine will provide China manufacturing for a Novartis CAR-T cell therapy, Kymriah®; Novartis will buy $40 million of CBMG stock; Shanghai Fosun Pharma in-licensed greater China rights to a candidate for stroke treatment from DiaMedica Therapeutics of Minneapolis in a $32.5 million agreement; Bellen Chemistry, a Beijing process CRO/CMO, raised "hundreds of millions in RMB" ($30 million plus) in a C round; WuXi Biologics formed a collaboration with I-Mab Biopharma to develop three bi-specific antibodies, using WuXi 's proprietary WuXiBody™ Platform; Flow Pharma, a San Francisco Bay Area biotech, formed a China JV with Button Capital, a US investor, to conduct China clinical trials of its therapeutic cancer vaccines; Everest Medicines II, a US-China in-licensing company, acquired China and Southeast Asia rights to a VenatoRx treatment for drug-resistant infections. Stock Symbols: (NYSE: A) (HK: 1093) (NSDQ: VSTM) (NSDQ: CBMG) (NYSE: NVS) (HK: 02196: SHA: 600196) (TSX: DMA; OTCQB: DMCAF) (HK: 2269) Share this with colleagues: // //
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback