Astellas Pharma to acquire avacincaptad pegol developer Iveric Bio for $6bn

Astellas Pharma to acquire avacincaptad pegol developer Iveric Bio for $6bn

Japanese pharma company Astellas Pharma has agreed to acquire Nasdaq-listed Iveric Bio in an all-cash deal worth around $5.9 billion with an aim to create a world-class ophthalmology player, while advancing the former’s primary focus on blindness and regeneration. Based in New Jersey, Iveric Bio is a biopharma company engaged in discovering and developing novel […]

HMR59 : Janssen acquires rights to geographic atrophy treatment candidate from Hemera

HMR59 : Janssen acquires rights to geographic atrophy treatment candidate from Hemera

Geographic atrophy treatment : Janssen Pharmaceuticals has signed a licensing deal to acquire rights to HMR59, an investigational gene therapy for geographic atrophy, from clinical stage ocular gene therapy company Hemera Biosciences for an undisclosed price. HMR59 is intended to be given as a one-time, outpatient, intravitreal injection for helping in preserving vision in patients […]