Biotech player Intrexon has signed up to acquire Belgium's ActoGeniX for $60 million. The new addition is a developer of oral meds as an alternative to injectable biologics. Currently, biologic therapies cannot withstand the rigors of the acid in the stomach, so oral versions of the new-era drugs are lacking.
Billionaire R.J. Kirk's Intrexon has signed a $60 million deal to acquire ActoGeniX, a Belgian biotech at work on oral drugs designed to generate therapeutic proteins and peptides from within the body.
Partners Intrexon and Ziopharm are cutting in on the fervor over a new class of immunotherapies for cancer, striking a deal with the University of Texas' MD Anderson Cancer Center.
Proving once again that CAR-T is now one of the hottest fields in cancer drug development, Boston-based Ziopharm Oncology is expanding its R&D collaboration with Intrexon to include the personalized immuno-oncology technology.
Intrexon, a Maryland biotech backed by billionaire RJ Kirk, has agreed to snap up San Diego regenerative medicine outfit for $26 million, and the company inked a separate agreement with OvaScience to combine their technology platforms.
Biotech billionaire Randal "RJ" Kirk's synthetic biology company Intrexon has announced plans to partner with India's Sun Pharmaceutical on a pipeline of new drugs for ocular diseases, starting with dry age-related macular degeneration.
The sizzling market for biotech IPOs will end one day, but it won't be today. RJ Kirk's synthetic biology company Intrexon made its debut on Wall Street today and shares quickly zoomed up past the $22 mark, leaving the company with a hefty market value of more than $2 billion and its founder with another fortune.
Germantown, MD-based Intrexon, a synthetic biology outfit led by billionaire Randal Kirk, aims to sell 8.3 million shares at a proposed range of $14 to $16 per share.
Biotech billionaire Randal Kirk will try his luck on the hot IPO market. The CEO, chairman and president of Intrexon has filed papers with the SEC for an initial offering designed to raise up to $125 million, though the final amount often varies in the lead-up to a new listing.
A day after striking the latest in a series of its special "channel" collaborations, Intrexon has reloaded its bank account with a fresh $150 million infusion of cash, with significant added contributions from billionaire founder R.J. Kirk and his venture fund, Third Security.