EuroBiotech—More articles of note


 > Nicox raised €26 million. The French biotech plans to use the cash to advance its pipeline, which includes an ocular itching drug awaiting an FDA approval decision. The investors who participated in the round picked up shares at a price dented by the recent CRL for latanoprostene bunod. Nicox explained its reasoning for raising cash just after the setback in a shareholder letter. Statement I Letter 

> Mapi Pharma completed a $10 million financing round. The Israeli biotech tapped aMoon Fund for the cash, which will go toward a phase 3 trial of Mapi’s reformulation of Teva’s Copaxone. Release

> Kiadis Pharma secured €15 million in debt financing from Kreos Capital. The Dutch biotech has immediately pulled down €10 million and will add the remaining €5 million to its coffers if it can put together a €20 million financing round by July 2018. Statement

> Vectura landed a deal with Dynavax. The agreement clears Dynavax to use Vectura’s nebulizer to administer a TLR9 agonist to lung cancer patients. Release 

> ASIT biotech received regulatory clearance to run a follow-up study featuring patients who participated in its phase 1/2a house dust mite rhinitis trial. Statement

> Vicore Pharma posted data from a phase 1 extension study of its drug C21. The Swedish biotech is advancing into a phase 2a Idiopathic pulmonary fibrosis trial on the strength of the data. Release