Kyowa Kirin backs €125m life science fund closed by Fountain...

Ireland-based Fountain Healthcare Partners has raised another €125 million ($131 million) for its third life sciences fund – 25% ahead of its target – and says it will pump most of the mone

BMS backs record $600m European venture fund closed by LSP

Acacia Pharma stock market launch to support nausea products

Acacia Pharma is to raise new funds through an initial global offering and launch on to the Euronext Brussels stock exchange

Sanofi steals in to buy Ablynx for €3.9 billion

Sanofi has leapt in to buy Ablynx for €3.9 billion ($4.85bn) outbidding an offer from Novo Nordisk which the European biotech had declined two weeks ago.

Google invests in UK vaccine pioneer Vaccitech

Google has invested £20 million ($27.1m) in a biotech firm spun out of Oxford University working on novel treatments which include a universal flu vaccine and a therapeutic cancer vaccine.<

Takeda to buy stem cell specialists TiGenix for $626m

Decision follows EU regulators' decision to back Crohn's stem cell therapy