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Alnara Pharmaceuticals

Latest Headlines

Latest Headlines

Frazier preps venture fund to back biotechs built for sale

Alan Frazier, the founder of Frazier Healthcare Ventures, tells Xconomy's Luke Timmerman that he's preparing to raise a new fund. And while many venture outfits have been moaning and groaning about

Biotech VCs back startup Allena Pharma in $15M A round

Alexey Margolin and Bob Gallotto are getting their biotech band back together. Allena Pharmaceuticals, their latest startup, has nailed down $15 million in a Series A round of financing led by a trio

Regulators hand Eli Lilly another new drug rejection

Eli Lilly suffered yet another setback at the hands of U.S. regulators late on Friday. The FDA told Lilly that it would need to conduct another study of a new treatment designed to help a group of

Lilly CEO: Pipeline to soften patent losses

Eli Lilly ( NYSE: LLY ) is looking to its pipeline to fill the gaps left by a number of high-profile drugs comping off patent. In October 2011, blockbuster Zyprexa will fall to generic competition;

Lilly buys Alnara for undisclosed sum

Alnara Pharmaceuticals has inked a deal to merge with Eli Lilly for an undisclosed sum. The Cambridge, MA-based developer's lead product is liprotamase, a therapy under FDA review for the treatment

Westphal grabs reins at GSK's SR One, founds new venture group

Christoph Westphal is adding a new chapter to his story as a prime mover-and-shaker in biotech circles. Xconomy reports that Westphal has resigned as CEO of Sirtris, a high-profile developer in

Alnara rises from Altus' ashes

Just 16 months after raising $20 million in its first round of funding, Massachusetts-based Alnara Pharmaceuticals says it's preparing an NDA for its cystic fibrosis treatment. It's a drug that was

Alnara grabs $35M in VC cash as it aims at NDA

Alnara Pharmaceuticals has assembled the financing it needs to push its lead product--liprotamase, an enzyme replacement therapy for cystic fibrosis patients--through an NDA this quarter and on to

Alnara licences liprotamase from CF Foundation

In late January, Altus Pharmaceuticals became yet another biotech company to fall victim to the economic crisis. The Waltham, MA-company announced that it would cut jobs and narrow its research focus

Alnara gets $20M in first round

Boston-based Alnara Pharmaceuticals has garnered $20 million in its first round of venture capital financing. Frazier Healthcare Ventures and Third Rock Ventures led the round, with participation