Deal Advances Takeda’s Commitment to Gastroenterology as a Core Therapeutic Area

OSAKA, Japan & LOS ALTOS, Calif. - Monday, July 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TOKYO:4502) and Altos Therapeutics LLC today jointly announced the companies have entered into a definitive agreement to further the development of Altos’s proprietary compound ATC-1906. Additionally, the agreement includes an exclusive option for Takeda to acquire Altos beginning on the date of the agreement and continuing for a period of time following the completion of ongoing Phase 1 studies of ATC-1906. The parties envision future development of ATC-1906 for the treatment of gastroparesis (GP) and its symptoms.

GP is a chronic gastric motility disorder characterized by delayed gastric emptying. Symptoms include early satiety, post-prandial fullness, nausea, vomiting, and abdominal discomfort.i Diabetic gastroparesis and idiopathic ga ... Read more »

HAMILTON, Bermuda - Monday, July 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Standard & Poor’s Ratings Services (S&P) reaffirmed the “A-” insurer financial strength and counterparty credit ratings on International General Insurance Company Ltd (IGI)’s Bermuda and “A-” insurer financial strength rating for UK operations and affirmed its stable outlook.

In March last year, S&P upgraded the Group’s financial strength ratings to “A-” from “BBB+” after IGI outperformed the ratings agency's expectations in 2014.

S&P said it now regards both IGI Bermuda and IGI UK as “core operating companies” within the IGI Group, and the A- ratings were affirmed because of the “group's strong financial risk profile and satisfactory business risk profile”.

“Despite highly competitive market conditions, we believe the IGI Group is establishing a successful tra ... Read more »

 As the world’s only intellectual property (IP) attorney firm operating across the UK, Ireland and mainland Europe, Murgitroyd is uniquely positioned to provide market certainty in the wake of the Brexit vote

GLASGOW, United Kingdom - Monday, July 4th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Over the next few years, as the UK officially begins the process of leaving the EU, Murgitroyd’s clients will feel the full advantage of its extensive office network.

“This is a pan-European company, with experienced attorneys based in the UK, Ireland, France, Germany, Italy and the Nordic Region,” said the firm’s founder and Chairman, Ian Murgitroyd. “So we’re perfectly placed to operate across the entire European IP landscape.

“We don’t yet know when the UK will exit the EU. But we do know that our extensive and long-standing network of offices gives us a unique perspective on events. It perfectly positions ... Read more »