Regeneron agrees to settle licensing wrangle; Accuri raises $13M;

> Regeneron Pharmaceuticals has agreed to fork over $12.45 million to settle a licensing dispute with France's Cellectis. Report

> Accuri Cytometers has wrapped a $13 million Series C financing led by Fidelity Biosciences and Flagship Ventures. Accuri release

> The Washington Business Journal notes that aside from the resignation of MedImmune CEO David Mott, two other top executives decamped in June. Report

> Nicholas Stergis, co-founder of Pipex Pharmaceuticals and vice chairman of the board of directors, has been named CEO, replacing Steve H. Kanzer who will continue to serve as Pipex's chairman. Release

> Giaconda Limited has suspended its Phase IIa trial of Hepaconda for Hepatitis C in people with "genotype 1" infection. Significant improvement was demonstrated in liver function among participants in the study, says Giaconda, but "total normalization was not achieved and further formulation is warranted before continuing the study." Giaconda release

> The FDA has approved Bayer's contrast agent Primovist for identifying liver lesions. Report 

> Like its Big Pharma brethren, Bayer is casting a gimlet eye on the drug market in China. The company says it's aiming for 20 percent-plus annual growth in China for each of the next five years. Report

> Yesterday's recommendation that kids as young as 8 years old should take statins to prevent future heart problems--made by the prestigious and influential American Academy of Pediatrics--may have seemed tailor-made for a new indication for some of these drugs. But it triggered a furious backlash. Report

> Pricey cancer meds aren't just putting the squeeze on patients and insurers. They're putting oncologists in a financial quandary as well. Report

> When it comes to diversifying through generics, count GlaxoSmithKline out. CEO Andrew Witty says he has no interest in duking it out in that marketplace. Report

And Finally... Animal rights activists are taking their fight to the streets--targeting the homes of scientists involved in biomedical research. Report

Suggested Articles

Almirall and Iktos will use the latter's AI technology to design new compounds that tick multiple drug criteria boxes.

Pfizer’s 2017 spinout company SpringWorks has lost president and founder Lara Sullivan, M.D., who has moved over to Pyxis Oncology as its new chief.

In this week's EuroBiotech Report, Sanofi inks $2.5B Synthorx takeover and posts sutimlimab data, Roche shares bispecific results and more.