Doing Their Research

by David Mitchell Vol. 27 Issue 2 Lisa Stehno-Bittel apparently has a pretty good poker face. During the first year of running Likarda, the biotech startup she co-founded, a new employee eyed the company’s president and offered a blunt assessment of the academic turned entrepreneur. “Leading people is a lot of what goes into a business,” he said. “She had experience leading people and built a successful program—one of the top 10 programs in the country.” Ramachandran said the researchers understood their blind spots and hired legal and financial firms to help. They also had help building a business plan from…
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Ligand Establishes Program to Develop Captisol-Enabled, Next-Generation Contrast Agents for Diagnostic Imaging

January 18, 2018 Focus will be on hospital-based products that could benefit from reduced renal toxicity Leverages Captisol® and new intellectual property from Verrow Pharmaceuticals acquisition SAN DIEGO–(BUSINESS WIRE)– Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announces initiation of a program to develop contrast agents with reduced renal toxicity. Contrast agents are injectable solutions used during diagnostic imaging procedures. Through this new, internally-funded program, Ligand intends to advance products toward proof-of-concept, followed by selling or out-licensing them for further development and commercialization. The program will leverage Ligand’s patented Captisol® technology, as well as data and intellectual property obtained through its acquisition of…
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On a list of best performing cities in America, Lawrence takes a big leap

Posted by Chad Lawhorn January 11, 2018 at 1:02 p.m. On this wintry mix of a day — with schools canceled and many businesses letting “non-essential employees” stay home — Lawrence would rank high in the number of people eating cereal in bed, parents desperately searching for earplugs, and people feeling good about being non-essential. I have news about another ranking, though. For the first time in a while, Lawrence has scored well in a respected ranking of the best-performing small cities. Lawrence checked in at No. 41 out of 201 small metro areas ranked by the Milken Institute in its 2017…
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Ligand Earns $6 Million as OmniAb Partner Out-Licenses Antibody Projects

January 3, 2018 Raises 2017 Guidance SAN DIEGO–(BUSINESS WIRE)– Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announces that its partner HanAll Biopharma successfully out-licensed antibody projects that were discovered by HanAll using Ligand’s OmniAb® antibody discovery platform. The licensing events triggered $6 million of payments to Ligand. HanAll has had access to the OmniAb platform since December 2014 and is developing multiple antibody projects in the immunno-oncology and autoimmune areas using this platform. Under the license agreements with HanAll, Ligand is eligible to receive milestones and royalties on the successful development of antibodies and to share sub-license revenue on outlicensed antibodies. “These…
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Entrepreneur: Out of the lab, and into the market

By Elise Reuter  –  Reporter, Kansas City Business Journal Nov 22, 2017, 10:33am   After Dr. Daniel Aires saw his targeted chemotherapy treat a dog with cancer, he knew he had to find a way to bring the treatment to more patients, including people. Aires, a dermatologist with The University of Kansas Health System and a professor at the University of Kansas Medical Center, launched his research spinoff, HylaPharm, in 2010, once he saw the potential for the treatment to help people. “We saw this isn’t just a lab project,” he said. “This is treating wild cancers in pet dogs, saving lives. That’s what we…
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