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Cyxone achieves safety, tolerability goals in T20K MS clinical trial

Cyxone achieves safety, tolerability goals in T20K MS clinical trial

T20K MS clinical trial : Swedish biotech company Cyxone said that a phase 1 clinical trial for its drug candidate T20K for multiple sclerosis (MS) has confirmed its safety and tolerability in humans. Cyxone said that there were no serious adverse events in the early-stage infusion study. As the next step in its development program, […]

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Daiichi Sankyo bags Turalio FDA approval for tenosynovial giant cell tumor

Daiichi Sankyo bags Turalio FDA approval for tenosynovial giant cell tumor

Turalio FDA approval : Daiichi Sankyo has secured approval for its CSF1R inhibitor Turalio (pexidartinib) from the US Food and Drug Administration (FDA) for the treatment of tenosynovial giant cell tumor (TGCT). The FDA approval of Turalio is for the treatment of adult patients having symptomatic tenosynovial giant cell tumor associated with severe morbidity or […]

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Chemical Financial TCF merger wrapped up

Chemical Financial TCF merger wrapped up

The previously announced $3.6bn all-stock Chemical Financial TCF merger has been wrapped up following receipt of required regulatory approvals, as per the latest banking acquisition news. As per the terms of the transaction (Chemical Financial acquisition of TCF), TCF Financial merged into Chemical Financial with the latter being the surviving company. Following the closing of […]

PowerNap deepwater field : Shell to move ahead with subsea tie-back

PowerNap deepwater field : Shell to move ahead with subsea tie-back

Royal Dutch Shell announced that its subsidiary Shell Offshore will move ahead with the PowerNap deepwater field in the US Gulf of Mexico having reached a final investment decision (FID), as per the latest oil and gas industry news. Located in the south-central Mississippi Canyon area, about 240km from New Orleans, the PowerNap deepwater field will […]