Archive: Company News
Thermosome Receives U.S. Orphan Drug Designation for Lead Compound THE001, Expands Patent Estate
— ODD granted for the treatment of soft tissue sarcomas (STS)
— Thermosome adds 4 patents to its growing patent estate
Thermosome, a drug development company focused on targeted tumor therapies, today announced that its lead compound, THE001, has been granted Orphan Drug Designation (ODD) by the U.S. Food and Drug Administration (FDA) for the treatment of soft tissue sarcomas (STS). This designation complements the ODD already granted by the European Medicines Agency (EMA) and validates the clinical potential of THE001. Read more…
Dr. Stephan Rietiker elected as new Chairman of the Board of MetrioPharm AG
— Dr. Rietiker has considerable experience in the life sciences industry, including leadership positions in global pharmaceutical and medical device companies, and has overseen multiple major company acquisitions.
Zurich, April 23, 2025 – MetrioPharm AG, a pharmaceutical company developing drugs for inflammatory and infectious diseases, announced today that the new Board of Directors unanimously elected Dr. Stephan Rietiker as Chairman at its constituent meeting.
1STBIO and LigaChemBio Announce Strategic R&D and Licensing Option Agreement
— Expanded collaboration leverages complementary expertise to unlock next-generation oncology therapeutics
— Focus on breakthrough ADC payloads and immuno-oncology candidates with out-licensing potential
YONGIN, South Korea, April 22, 2025 — 1ST Biotherapeutics, Inc. (“1STBIO”) and LigaChem Biosciences(KOSDAQ: 141080KS, “LigaChemBio”) announced that they have entered into a strategic partnership and licensing option agreement to co-develop novel payloads for antibody-drug conjugates (ADCs) as well as small molecule immuno-oncology therapies. Read more…
Four new members elected to the Board of Directors of MetrioPharm AG
— Their appointment was initiated by the outgoing board of directors. The four new members will bring many years of experience in the biotech and pharmaceutical industry, especially in research and development, pharmaceutical strategy and regulatory affairs.
MetrioPharm AG, a biotech company developing drugs for inflammatory and infectious diseases, announced today that four new members were elected to the Board of Directors at an Extraordinary General Meeting on April 25, 2025. The new members are Dr. Harald Fricke, Dr. Martina Muttke, Dr. Stephan Rietiker and Dr. Jörg Zwicker. The board members Jörg Gruber and Christoph von Moos will be remaining on the board.