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Press release archive

Faron initiates phase I/II clinical trial in UK
Jun 11, 2008—The UK Medicines and Healthcare products Regulatory Agency (MHRA) has approved Faron’s clinical trial application (CTA) for acute lung injury (ALI).
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Jurilab announced the appointment of Carl T. Foster as the company’s new Chief Executive Officer
Apr 25, 2008
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Mobidiag Releases First Microarray Based Rapid Test for Herpesvirus Identification
Mar 12, 2008—Prove-it Herpes offers considerable cost savings for healthcare industry by identifying eight herpesviruses simultaneously.
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Karia Paukkeri named new CEO of Licentia
Feb 29, 2008—Licentia Ltd is the leading Finnish technology transfer company in the field of life sciences. Licentia commercialises inventions by licensing or selling IPR rights and in addition by building new start-up companies.
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Innomedica establishes an office at London BioScience Innovation Centre
Jan 18, 2008
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EC/EMEA has granted an Orphan Drug Designation for Traumakine
Dec 4, 2007—Traumakine has become the most fast progressing drug candidate within Faron Pharmaceuticals pipeline.
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Ipsat Therapies Announces Positive Top-line Data from Phase IIb Study
Oct 25, 2007—Ipsat P1A phase IIb study met both primary endpoints.
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Ipsat Therapies commences patient recruitment in Phase IIb clinical trial using its lead product P1A
Dec 4, 2006
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Bio Fund exits succesfully Ark Therapeutics
Nov 10, 2006—Bio Fund Management Oy Ltd announces that it has sold all shares of Ark Therapeutics Group Plc., a London, UK, and Kuopio, Finland based biopharmaceutical company.
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CTT Cancer Targeting Technologies Ltd. and Karyon Ltd. announce merger intention.
Oct 27, 2006
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Santhera and Juvantia to Collaborate on Development of Phase II Product for Dyskinesia in Parkinson’s Disease
Sep 5, 2006—Santhera Pharmaceuticals, a Swiss specialty pharmaceutical company with a focus on neuromuscular diseases, and Juvantia Pharma, a Finnish biotechnology company, announced today that they have entered into a strategic collaboration to advance the development of Juvantia’s fipamezole (JP-1730) for the treatment of Dyskinesia in Parkinson’s Disease (DPD) patients.
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Nanogen announces type II diabetes research collaboration
May 17, 2006—Nanogen, Inc. (Nasdaq: NGEN), developer of advanced diagnostic products, has announced a collaboration agreement with Oy Jurilab, Ltd., the Finnish genomics company. The collaboration is designed to identify and validate new prognostic markers for type II diabetes.
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FibroGen Licenses Oral HIF-PH Inhibitors to Astellas for the Treatment of Anemia in Europe and Other Regions
May 5, 2006
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DrugMEt Pharmacogenetics Product Achieves CE Mark for IVD Use
May 4, 2006—Jurilab, a privately-held Finnish biotechnology company, and Nanogen, Inc. (Nasdaq: NGEN), developer of advanced diagnostic products, announced today that the European CE Mark for IVD (in vitro diagnostic) use has been achieved for the DrugMEt® pharmacogenetic test.
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ETLA's book "Sustainable Biotechnology Development - New insights into Finland"
Mar 31, 2006—Etlas's book analyses the features of the Finnish biotechnology industry from three complementary perspectives as a basis for a strategic sustainable biotechnology development framework: 1) How do the company leaders see the future of the industry? 2) How do the companies valuate their intellectual property rights? 3) How does the regional resource allocation reflect the prosperity of the industry?
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New CEO in Ipsat Therapies
Feb 13, 2006—Ipsat Therapies announces the appointment of Nora Kaarela as Chief Executive Officer.
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Galilaeus and Alpharma Announce Research Collaboration Deal
Jan 24, 2006—Under the Agreement, Galilaeus will leverage its extensive genetic engineering know-how to improve a bacterium strain used in the production of an active pharmaceutical ingredient.
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Ipsat Therapies Completes € 3M Financing Round and Strenghtens Board of Directors
Jan 24, 2006
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New CEO in CTT
Nov 25, 2005—Mr. Jari-Matti Mehto (M.Sc.) has been appointed as the CEO of the CTT Cancer Targeting Technologies Ltd on October 19, 2005.
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CTT enters into R&D agreement with GE Healthcare
Oct 14, 2005—CTT Cancer Targeting Technologies Ltd. and GE Healthcare announced that they have entered into a research agreement in the area of targeted medical imaging.
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Vivoxid Ltd closed EUR 5 million financing round
Sep 7, 2005—The financing round was led by Sentica Partners Oy. Other two major investors were Varma Mutual Pension Insurance Company and Sitra. Number of private persons and companies also participated.
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Medipolis GMP announces cooperation agreement with Scil Proteins and Evolutec
Jun 10, 2005
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Ipsat Therapies announces positive phase II results
Apr 5, 2005—Ipsat Therapies, a Finnish biopharmaceutical company with a novel approach to fighting hospital acquired infections and antibiotic resistance, today announced positive Phase IIa clinical trial data for its lead product, P1A. The product is designed to inactivate beta-lactam antibiotics in the lower intestinal tract, post bloodstream absorption.
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Ipsat Therapies Completes EUR 7 million Financing Round and Strengthens Board of Directors
Apr 4, 2005—Ipsat Therapies, a Finnish biopharmaceutical company with a novel approach to fighting hospital acquired infections and antibiotic resistance, today announced it closed a EUR 7 million private placement bringing the total amount raised since inception to more than EUR 19 million.
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Ark Grants Licence to Boehringer Ingelheim for Access to Key Technology
Apr 1, 2005—Ark Therapeutics Group plc today announces that it has signed an agreement with the German pharmaceutical company, Boehringer Ingelheim International GmbH, granting Boehringer Ingelheim exclusive rights to Ark’s intellectual property in relation to certain Boehringer Ingelheim therapies affecting the renin-angiotensin system.
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