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Edison product given orphan status in US

The designation provides an accelerated review and a seven-year period of exclusivity upon FDA approval. The FDA granted orphan drug designation to Edison’s EPI-A0001 based on review of

CancerVax compound approved for human trials

Preclinical studies with D93 have demonstrated its ability to reduce angiogenesis and inhibit tumor growth in in vivo models of several types of cancer. CancerVax plans to initiate

Arius and Takeda enter discovery alliance

Under the terms of the agreement, Arius will receive an upfront technology access fee of $2 million, consisting of $1 million each in cash and equity investment respectively,

Epix to acquire Predix for $90 million

Predix shareholders may receive an additional milestone payment of $35 million upon the achievement of certain unspecified clinical or strategic objectives. Epix is a developer of pharmaceuticals for

Pharmacopeia licenses cardio compounds from BMS

Pharmacopeia acquired exclusive rights to certain lead and backup DARA (dual angiotensin and endothelin receptor antagonist) development candidates, and plans to initiate preclinical development studies immediately. “This is