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Spanish Plasma Proteins Group Grifols Acquires Talecris for $3.4B

Firms claim merger will enhance global plasma proteins business and provide new pipeline. Plasma protein therapeutics group Grifols is to acquire biotherapeutics firm Talecris for $3.4 billion worth of cash and shares. Under the terms of the deal, Grifols will

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Firms claim merger will enhance global plasma proteins business and provide new pipeline.

Plasma protein therapeutics group Grifols is to acquire biotherapeutics firm Talecris for $3.4 billion worth of cash and shares. Under the terms of the deal, Grifols will pay $19 in cash and issue 0.641 new, nonvoting Grifols shares for each Talecris share. The firm says this extrapolates to $26.16 per Talecris share, a premium of 53% over the recent closing price of its common stock. The combined entity will start out with pro forma annual revenues of $2.8 billion, over half of which derives from North America.

Grifols is a Spain-based group of firms specializing in the development of plasma derivatives and having product-development operations in the IVD and nonbiological hospital products sectors. The group claims it currently holds the top slot in the European plasma derivatives sector and is fourth worldwide in terms of production.

Talecris is developing a pipeline of protein and plasma-derived therapeutics in the immunology, neurology, thrombolysis, and respiratory fields. Its lead marketed product is Gamunex for the treatment of chronic inflammatory demyelinating polyneuropathy, primary immunodeficiency, and idiopathic thrombocytopenic purpura. The second biggest seller, Prolastin, is a replacement therapy for AAT deficiency. Talecris says sales of these two products accounted for 72.3% of the firm’s $1.4 billion net revenues in 2008.

Grifols claims acquisition of the firm will boost the combined entity’s overall manufacturing capacity for plasma proteins as well as bolster its presence in North American markets and provide an established plasma collection operation. The Talecris pipeline will also provide complementary products and new recombinant protein projects.

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Related questions

01How stable is the antibody?

A crucial question often addressed during preclinical development focuses on the in vivo stability of therapeutic antibodies. Increasing the half-life of a therapeutic antibody has several benefits ranging from higher treatment efficacy to increased advantages for the patients who will have a fewer number of therapy sessions and a reduced cost. Given these compelling benefits, following the identification of therapeutic antibodies with the desired specificity, developers usually subject them to a refinement step to increase their stability. This process is often hindered by the lack of reliable experimental tools to predict the half-life of antibodies in patients. The major hurdle of using mouse models to predict antibody stability in the serum lies in the way immunoglobulin proteins are processed by the organism. In mammals, most proteins circulating in the serum undergo constant uptake by endothelial cells and are routed through the endosomes to the lysosomal compartment for degradation. In the endosomes, immunoglobulin G (IgG) proteins are recognized and bound by a transmembrane protein, called the neonatal Fc receptor (FcRn), which mediates their recycling to the plasma membrane and subsequent release back into the serum. As a result, the half-life of IgGs are significantly extended by this mechanism. Since most therapeutic antibodies belong to the IgG class, this recycling system is very relevant for their relative stability in the body. Remarkably, the relative affinity between IgGs and FcRn is extremely disparate between different species, with the mouse receptor showing a much higher affinity than its human counterpart.

Source: www.genengnews.com ↗
02Undruggable or unscreenable?

Another obstacle to discovering new PPI inhibitors is the lack of libraries designed to hunt for them, points out Philippe Roche, PhD, senior scientist at the Integrative Structural and Chemical Biology team at the Cancer Research Center of Marseilles, France. “If you screen PPIs using libraries that were designed for kinases or GPCRs, that’s why you don’t get a lot of good results,” he says. To that end, his group began assembling a library focused on orthosteric inhibitors of PPIs. The result was 2P2Idb, a hand-curated, structural database cataloguing orthosteric inhibitors of PPIs for which the interface had been 3D characterized. From analyzing these known PPI inhibitors, and what structures they had in common, Roche and his colleagues developed a model to predict whether compounds would likely inhibit PPIs. Using this method, 2P2Idb creates an enriched screening library that dramatically increases the hit rate compared to standard libraries. Having proven their success with a small library of 1600 compounds, they are in the process of expanding the library to 10,000 compounds. Once that’s published, “the idea is to make this library available to labs around the world,” Roche says. “We will provide the library free of charge for people to be able to screen PPI targets.”

Source: www.genengnews.com ↗
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Peptide Therapy Guide Editorial Team

Editorial team for Peptide Therapy Guide.

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