Pieris Forges Discovery Pact with Sanofi-Aventis

Pieris Forges Discovery Pact with Sanofi-Aventis

By John Carroll Last week Sanofi-Aventis signed on to a new discovery pact with Germany’s Pieris. In one of the latest signs of the Big Pharma’s efforts to find more innovative ways to develop therapies with smaller players, Pieris will use its development platform to identify “Anticalins” that can hit two targets specified by Sanofi, …

Sanofi Buys VaxDesign for $60M

By Maureen Martino Sanofi Pasteur is purchasing Orlando, FL-based VaxDesign for $55 million up front and an additional $5 million in milestones. The company develops, manufactures and markets in vitro models of the human immune system. Sanofi says that VaxDesign’s Modular IMmune In-vitro Construct technology will help it better filter preclinical stage candidates to pick the best …

Sanofi-Aventis Readies $18.7B Bid for Genzyme

By John Carroll Genzyme (GENZ) is in play. After days of fevered speculation over what Genzyme would be worth to a company like Sanofi-Aventis, the big pharma outfit appears to have set its sights on the low side of the spectrum. According to a flurry of news reports, Sanofi CEO Chris Viehbacher and the board think …

Sanofi-Aventis Reports Phase III Success for Diabetes Drug

By John Carroll Sanofi-Aventis has gained some fresh evidence to back lixisenatide, its late-stage GLP-1 therapy for Type 2 diabetes. Researchers say that the drug improved glycemic control in patients and reduced glucose in blood cells, making its Phase III study a success. The therapy was licensed from Zealand Pharma. “We are pleased with the …