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Latest From Grunenthal GmbH
US FDA’s Breakthrough Designation Pace Slows, But Topics Broaden
The 19 breakthrough therapy designations awarded so far this year run the gamut from areas that traditionally have not fared well with BTDs, like cardiovascular and respiratory disease, alongside the traditional cancer and orphan disease tentpoles.
Finance Watch: Biopharma Stocks Attempt An April Rebound
Public Company Edition: With the XBI up more than 9% in April, a few follow-on offerings –$23m to support Gamida Cell’s small product launch and $500m to fund Vaxcyte’s large clinical trial program – have made it to market. Also, China’s CytoMed launched the sixth biopharma IPO in the US this year.
Kyowa Kirin To Offload Selected Mature Portfolio To Grünenthal
The Japanese and German firms agree to establish a joint company to handle 13 mature brands from Kyowa Kirin's portfolio, mainly focused on pain management and including Abstral and PecFent. Grünenthal will own 51% and plans to fully buy out the operation in early 2026.
Shionogi Moves To Build Pipeline Amid Progress Challenges
Shionogi unveiled its latest pipeline update, including a focus on long-standing key areas such as HIV and COVID-19 and a new obesity candidate, at its recent R&D Day, amid struggles to line up new products for launch over the next few years. The Japanese firm also seems set to seek further in-licencing collaborations.
Company Information
- Industry
- Medical Devices
- Pharmaceuticals
- Other Names / Subsidiaries
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- Adhesys Medical GmbH
- Adhesys Medical Inc.
- Averitas Pharma, Inc.
- Grunenthal GmbH
- Gruenenthal GmbH
- Grunental GmbH
- Inversiones Gruchi S.A.
- Inversiones Gruchi Limitada
- Laboratorios Andrómaco S.A.
- Laboratoires Grunenthal SAS
- Mestex AG
- Thar Pharmaceuticals, Inc.
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