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Debiopharm S.A., the independent drug development company
specialising in oncology, endocrinology and niche products,
along with its wholly owned investment affiliate, Debioinnovation,
and Neovacs S.A., a French biotechnology company specializing
in the development of proprietary anti-cytokine immunogens,
today announced the signature of a license and equity agreement
for the development of a TNF (tumour necrosis factor) alpha
kinoid® and its related technology programmes.
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Neovacs,
biotechnology firm and leader in antibody therapies, has just
named Jean-Jacques Bertrand as its Chairman. “I am proud
to pass the baton to Jean-Jacques Bertrand, former Chairman
of Aventis Pasteur and member of the “CEO Circle”
of Truffle Venture” declared Dr Philippe Pouletty, previous
Chairman of Neovacs who remains one of its directors.
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Neovacs, a French biotechnology company leader in therapeutic
polyclonal antibodies, receives the IVCS prize in the Life
Sciences category. The 8 th IVCS rewarded 4 companies in the
following strategic fields: Life Sciences, Energy, Microelectronics,
Information Technology and Software and Multimedia. The IVCS
is one of the key European conferences related to the financing
of European most innovative companies...
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Neovacs, leader in the next generation of antibody therapies,
today announced that it has raised €1.5 million and simultaneously
has obtained a €1.2 million grant. Parisbased Truffle Venture
FCPR and Europe Innovation FCPI, current Neovacs investors,
invested an additional €1.5 million in convertible bonds.
At the same time Neovacs was granted €1.2 million from
ANVAR, the French Agency for Innovation, for the development
of Neovacs’ anti-TNF program. Truffle Venture thus reaffirms
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Neovacs, a spin-off biotechnology company from Pierre and
Marie Curie University and the leader in the development of
vaccine-induced polyclonal antibody therapies, today announced
that it has raised 3.5 million Euros in new financing. Paris-based
Truffle Venture FCPR and Europe Innovation FCPI made the investment,
and now own 51% of Neovacs. Neovacs currently develops several
promising product candidates based on its cytokine vaccine
and viral vaccine patented technologies. Neovacs therapeutic
AIDS vaccine is already in human clinical trials in collaboration
with Aventis Pasteur. Aventis Pasteur, the vaccines business
of Aventis, is one of the world’s largest vaccine producers.
Neovacs also acquired from...
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