Irish drug that could cure Parkinson’s Disease sold for $446 million

Dr. Jeremy Skillington, Vice President of Business Development for Inflazome, travelled to Philadelphia to participate in our Life Sciences Forum this January. In one of the largest deals in Irish biotech history, Inflazome, based out of Trinity, has been sold to Roche.

The Dublin-based drug sells opening treatment of Alzheimer’s, Parkinson’s, and cardiovascular disease to the market.

An Irish company that develops treatments for inflammatory diseases, a collaboration between Trinity College Dublin and the University of Queensland, has been sold for an up-front payment of $446m (€380m) from Roche, plus additional payments based on the achievement of certain milestones.

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Forbes names ICON in list of Best Employers in America for Women

ICON recognised as top employer for women in anonymous survey of 75,000 employees

DUBLIN–(BUSINESS WIRE) — ICON plc, (NASDAQ: ICLR) a leading global provider of drug development and commercialisation services to the pharmaceutical, biotechnology and medical device industries today announced that it has been recognised in the 2020 Forbes List of America’s Best Employers for Women for the second consecutive year.

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Almac ranked number 5 on Ulster Business top 100 companies list

County Armagh headquartered Almac Group has climbed three positions to number five in this year’s Ulster Business “Most valuable businesses” table.

The global contract development and manufacturing organisation, that provides services across the drug development lifecycle to the pharmaceutical and biotech sectors, also moved from tenth to eighth in the supplementary list of “most profitable companies in Northern Ireland”.

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By  – Reporter, Pittsburgh Business Times

Pennsylvania next month will roll out a new app that will notify residents if they are close contacts of someone with a confirmed case of Covid-19.

Covid Alert Pa is being developed for the Pennsylvania Department of Health with the University of Pennsylvania, the Massachusetts Institute of Technology, and an Irish app maker called NearForm that built a Covid-19 tracker for the Irish government.

“This app uses Bluetooth technology to let a person know that they have been exposed to Covid-19 without compromising their identity or location,” said Dr. Rachel Levine, secretary of the Pennsylvania Department of Health. Levine made the announcement during a news conference Tuesday.

One of the persistent challenges in stemming the outbreak has been notifying people who have come within six feet of an infected person for a minimum of 15 minutes. It’s sometimes hard, for example, for people who are facing a Covid-19 diagnosis to tell a case investigator all the places they’ve been and for how long. And, said Levine, if an infected person had been in a store or a restaurant or somewhere else, it’s likely they didn’t know the names and contact numbers of everyone they were in contact with.

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