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Catalent Pharma Solutions has broken ground on a $34 million extension to its Madison, WI biologics manufacturing facility. When completed, the additional 22,000 square feet of space will accommodate two 2,000 liter single-use bioreactor systems, allowing the company to support late-phase clinical and commercial production of up to 4,000 liter batches. The new footprint will also support expansion of analytical and process development laboratories, as well as additional office space.

Verastem, Inc. and Infinity Pharmaceuticals have entered into a license agreement under which Verastem licensed exclusive worldwide rights to develop and commercialize Infinity’s oncology product candidate duvelisib, an oral inhibitor of phosphoinositide-3-kinase (PI3K)-delta and PI3K-gamma for treating hematologic cancers. Under the agreement, Verastem will pay Infinity up to $28 million in milestone payments.

Fresenius has acquired lung- and cardiac-focused medtech company Xenios from German venture capital group Zukunftsfonds Heilbronn for an undisclosed amount. Xenios was formed in 2013 after Novalung and Medos Medizintechnik were acquired by the group. Xenios develops and produces systems for lung and cardiac assistance, and employs more than 260 employees.

Boston Scientific has acquired the LumenR Tissue Retractor System from LumenR LLC, a privately held Newark, CA-based company. The device is currently in development for use during endoscopic resection of lesions in the colon, esophagus or stomach. It is designed to improve endoscopic sub-mucosal dissection and endoscopic mucosal resection procedures which are less invasive alternatives to conventional surgery for the removal of precancerous lesions and malignant tumors in the gastrointestinal tract.

 

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