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Boston Scientific has acquired the gynecology and urology portfolio of Distal Access, a Salt Lake City-based company that designs minimally invasive medical devices. The portfolio includes the Resectr Tissue Resection Device, a single-use device for removing uterine polyps.

Isto Technologies, an orthobiologics company working to develop ways to repair and regenerate damaged or injured cartilage and bone, has acquired medical-device company Arteriocyte Medical Systems. The two companies will combine under the name Isto Biologics and focus on expanding its spine, orthopedics and functional-medicine product portfolios.

Absorption Systems has renewed a technology licensing deal with Biogen. The license covers MDR1-MDCK cells, a cell line that is transfected with the human MDR1 gene, which codes for a protein known as multi-drug resistance protein or P-glycoprotein (P-gp). Drug transporters such as P-gp have received increasing attention from regulators because of their importance in drug absorption, excretion, and safety. The licensed assay system enables Biogen to test new drug candidates for interactions with P-gp, which is involved in resistance of tumors to anticancer drugs, drug distribution and clearance, and drug-drug interactions.

Novartis has agreed to pay up to $665 million Selexys Pharmaceuticals Corp., an Oklahoma City company developing therapeutics for treating certain hematologic and inflammatory disorders. In 2012, Novartis obtained the exclusive right to acquire Selexys and the drug SelG1. Novartis said it exercised rights to buy the company after seeing results from a large trial into a drug to treat pain among those with sickle cell disease.

 

 

 

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