Chapel Hill

Daily

Cempra gets $10M milestone for its antibiotic development in Japan

North Carolina antibiotics maker Cempra has received a $10 million milestone payment from a Japanese drugmaker – indicative of the country’s need for a next-gen antibiotic. Toyama Pharmaceutical, a subsidiary of Fujifilm Holdings, owns exclusive rights to develop and commercialize Cempra’s new antibiotic, solithromycin, in Japan for respiratory tract infections like pneumonia. Though U.S. usage is number […]

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

Devices & Diagnostics

Applying neuromodulation to acute heart failure nets NC device startup a $13M series A

Neurostimulation devices that send mild electrical pulses to target nerves are arguably the fastest-growing segment of the medical devices sector. They’re primarily being commercialized in neurology and urology but are apparently showing promise in cardiology too. A startup called NeuroTronik spun out of medical device incubator Synecor last year says it’s raised a $13.1 million […]