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Celgene has agreed to acquire Delinia Inc., a privately held biotechnology company developing novel therapeutics for autoimmune disease.The $300 million transaction expands Celgene’s inflammation and immunology pipeline through the acquisition of Delinia’s lead program, DEL106, a novel IL-2 mutein Fc fusion protein . The therapy is designed to preferentially upregulate regulatory T cells, immune cells that are critical to maintaining natural self-tolerance and immune system homeostasis.

Ferring Pharmaceuticals and Enteris BioPharma have entered into a license agreement and initiated an early development agreement to leverage Enteris’ proprietary and patented oral peptide and small molecule delivery platform, Peptelligence, to engineer an oral formulation of a peptide-based injectable therapeutic developed by Ferring.

Vention Medical has acquired Israeli nitinol wire component maker Lithotech Medical. The acquisition grows Vention’s portfolio of advanced components and technology for the developing and manufacturing medical devices.

Varian Medical has completed a $600 million spin-out of its imaging components business, Varex Imaging. Varex makes X-ray tubes, flat-panel detectors, connectors and accessories for imaging, as well as supplying workstations and software for computer-aided diagnostics and image processing.

 

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