Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Roche partners with Versant on a new build-to-sell biotech on MS

23/06/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmzyvndmvmte4l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Roche has turned to its incubation partners at Versant Venture’s Inception Sciences to create a virtual biotech which will set out to spawn new therapies that can repair the damaged nerves of patients with multiple sclerosis.

Following a popular model for drug R&D set up by several venture groups over the last few years, Roche will fund the work done by the virtual team at Inception 5, with Versant bankrolling the equity investments needed and Roche paying the research tab. Any small molecules that promise to spur remyelination–protecting the damaged nerve sheaths associated with MS–can be snapped up by Roche under an option arrangement.

The deal follows up on a similar pact the pharma giant set up on Inception 3 back in the fall of 2012 for hearing loss. Inception is run by Amira co-founder Peppi Prasit. His team will pursue small molecules for remyelination, a strategy for repairing the nerve damage caused by MS that has been attracting some attention recently. Acorda and Biogen Idec are both at work in this field and clinicaltrials.gov lists several ongoing studies related to remyelination.

Unlike some of the other majors, Roche is still very active in the neuroscience field, with a dozen neuroscience programs in the pipeline under Luca Santarelli.

This article has been extracted from http://www.fiercebiotech.com, please click on this link to read the article in full http://www.fiercebiotech.com/story/roche-partners-versant-new-build-sell-biotech-ms/2014-06-23

Montash is a multi-award winning, global IT recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Scientific Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdevmtyvmdkvntivmdgvotu5l0nhcmvlci5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

What are your career resolutions for 2017?

2017-01-16 09:00:00 +0000

The new year is traditionally a time to make resolutions for personal growth, but how about for your career? Setting goals is important because they provide a map for your career, helping you to organise your time, effort and resources on getting where you want to be. On a broader scale, having obtainable objectives can increase your job satisfaction, boost your self-esteem and improve your overall wellbeing. So, let’s take a look at the resolutions tha...

W1siziisijiwmtcvmdevmtmvmtevmtyvntmvmta1l0j1c2luzxnzieludgvsbglnzw5jzs5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Business Intelligence trends for 2017

2017-01-13 11:00:00 +0000

Business Intelligence (BI) has evolved a lot in recent years, with most experts understanding that it is now far more than just data reporting. There remains a role for data scientists to play when it comes to analysing information, but it’s also increasingly important for every employee in a firm to be able to not only access data but also analyse it. During 2016, there was a wave of new self-service analytical tools developed across sectors, enabling ...