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Showing posts with label Elan. Show all posts
Showing posts with label Elan. Show all posts

Wednesday, March 31, 2010

Antigenics : Expansion of its QS-21 License Agreement

AntigenicsSeptember 21, 2009 — Antigenics Inc. (NASDAQ: AGEN) announced that the company has signed an amended and restated license agreement for the use of the QS-21 adjuvant in a vaccine under development by JANSSEN Alzheimer Immunotherapy, a company which has acquired substantially all of the assets and rights of Elan related to its Alzheimer's Immunotherapy Program (AIP).

JANSSEN
“Alzheimer's disease is the sixth-leading cause of death in the United States, and the incidence of this disease is expected to rise globally.” said Garo H. Armen, PhD, chairman and CEO of Antigenics. “Today's announcement underscores the importance of QS-21, which is being tested in multiple indications by our licensees, including four Phase 3 programs in lung cancer, malaria, melanoma and an undisclosed infectious disease. QS-21 is enabling a new generation of vaccines to be developed and is expected to become a significant contributor to Antigenics' future royalty income, with the first vaccine potentially on the market by 2011.”... Antigenics' Press Release -

Saturday, July 18, 2009

Johnson & Johnson and Elan Corporation plc : Definitive Agreement for Alzheimer's Immunotherapy Program and Equity Investment

First-in-Class Alzheimer’s Treatments Expand Existing J&J Neuroscience Pipeline Johnson & Johnson Equity Investment Provides Financial Flexibility for Elan - July 2, 2009 – Johnson & Johnson (NYSE: JNJ) and Elan Corporation plc (NYSE: ELN) announced a definitive agreement whereby Johnson & Johnson will acquire substantially all of the assets and rights of Elan related to its Alzheimer’s Immunotherapy Program (AIP Program), through a newly formed company. In addition, Johnson & Johnson, through its affiliate, will invest $1 billion in Elan in exchange for newly issued American Depositary Receipts (ADRs) of Elan which will represent 18.4% of Elan’s outstanding ordinary shares.

The AIP Program represents Elan’s interest in a collaboration with Wyeth to research, develop and commercialize selective products for the treatment and/or prevention of neurodegenerative conditions, including Alzheimer’s disease.

Johnson & Johnson, through its affiliate, will assume and continue Elan’s activities with Wyeth under the AIP Program and will initially commit up to $500 million to continue the development and launch activities of bapineuzumab, a potential first-in-class treatment that is being evaluated for slowing the progression of Alzheimer’s disease, as well as other compounds. The agreement provides for additional funding obligations of the parties if needed...

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Johnson & Johnson (JNJ)About Johnson & Johnson
Caring for the world, one person at a time….inspires and unites the people of Johnson & Johnson. We embrace research and science – bringing innovative ideas, products and services to advance the health and well-being of people. Our approximately 119,000 employees at more than 250 Johnson & Johnson companies work with partners in health care to touch the lives of over a billion people every day throughout the world.


Elan CorporationAbout Elan
Elan Corporation, plc is a neuroscience-based biotechnology company committed to making a difference in the lives of patients and their families by bringing innovations in science to fill significant unmet medical needs. Elan shares trade on the New York, London and Dublin Stock Exchanges. The gross assets attributable to the AIP Program in the audited consolidated accounts of Elan as at 31 December, 2008 were US$63.1 million. Costs (losses) associated with the AIP Program in respect of the year ended 31 December, 2008 were approximately US$113 million... Elan's Press Release - Johnson & Johnson's Press Release -

Saturday, August 2, 2008

Intellect Neurosciences : Pivotal European Patent Related To Monoclonal Antibody Passive Immunization Treatment Of Alzheimer's Disease

July 31, 2008 - Intellect Neurosciences, Inc. (ILNS) announced it has obtained a European patent relating to the Company's ANTISENILIN® monoclonal antibody platform for the treatment of Alzheimer's disease. The claims of the issued patent cover the ANTISENILIN® "free-end specific" antibodies that bind to beta amyloid and use of the antibodies in preventing or inhibiting the progression of Alzheimer's disease. The technology is designed to promote the clearance of beta amyloid which accumulates to reach toxic concentrations in the brains of Alzheimer's patients while reducing the potential for adverse side-effects.
Importantly, such drugs avoid binding and thereby potentially interfering with the functions of the Amyloid Precursor Protein, which is an important physiological regulator in the body implicated in controlling essential brain functions as well as blood coagulation.

The Company recently disclosed that it has granted a royaltybearing license to Wyeth and Elan Pharma International Ltd. regarding patents and patent applications related to antibodies and methods of treatment for Alzheimer's disease, including Bapineuzumab, currently in Phase 3 clinical trials... Intellect Neurosciences' Press Release -

Monday, June 9, 2008

Intellect Neurosciences Grants License for Certain Patents and Patent Applications to Wyeth and Elan Pharma International Ltd.

May 19, 2008 - Intellect Neurosciences, Inc. (OTC Bulletin Board: ILNS), a biopharmaceutical company focused on development of disease-modifying therapeutic agents for the treatment and prevention of Alzheimer's disease (AD), announced that it has entered into a license agreement with Wyeth (NYSE: WYE)
and Elan Pharma International Ltd. ("Elan")
regarding certain of Intellect's patents and patent applications related to antibodies and methods of treatment for Alzheimer's disease. Under the terms of the agreement, Wyeth and Elan may pay Intellect potential future milestone payments and royalties based on sales of potential products, if it is determined that they are covered by patents that issue from Intellect's patent applications... Intellect Neurosciences' Press Release -

Friday, January 4, 2008

Elan and Transition Therapeutics, Phase 2 Clinical Study of ELND005 (AZD-103) in Alzheimer's Disease

December 21, 2007 - Elan Corporation, plc (NYSE: ELN) and Transition Therapeutics Inc. (NASDAQ: TTHI, TSX: TTH) announced that the first patient has been dosed in a Phase 2 clinical study of ELND005 (AZD-103) in patients with Alzheimer's disease... Transition Therapeutics' Press Release - Elan's Press Release -

Elan and Wyeth, Phase 3 Program for Bapineuzumab (AAB-001) in Alzheimer’s Disease

December 21, 2007 – Elan Corporation, plc (NYSE: ELN) and Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), announced that the first patient in North America (NA) has been dosed as part of a global Phase 3 clinical program for bapineuzumab (AAB-001) in patients with mild to moderate Alzheimer’s disease... Wyeth's Press Release - Elan's Press Release -