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SARI, a Chinese market-leader biotech investment company, today announced it has entered into an agreement to acquire the 90% interests in Group NMS

Nerviano (Milan), December 27, 2017 – The NMS Group is highly aligned with our existing strategy in oncology, and we are extremely excited about the opportunity to integrate the existing top-class level of the research into our universal platform.

SARI, a Chinese market-leader biotech investment company, today announced it has entered into an agreement to acquire the 90% interests in Group NMS (NMS).

Headquartered in Nerviano, near Milan, Italy, NMS is a group of fully integrated companies owned by Regione Lombardia through Fondazione Regionale per la Ricerca Biomedica, focused on oncology drug discovery, preclinical research, clinical development and manufacturing.

“The NMS Group is highly aligned with our existing strategy in oncology, and we are extremely excited about the opportunity to integrate the existing top-class level of the research into our universal platform. In the near term, we will focus on expanding NMS current activities in the Chinese market but we will continue the cooperation with NMS international network of partner and customer” – said Dr. Yi Baxian, representative of SARI, who used to serve as president in two national pharmaceutical research institutes in China - “The Chinese market is large and growing, with many unmet needs. With our strong commercial capabilities and robust scientific reputation, we look forward to bringing the innovative drugs discovered in Nerviano to the large Chinese patient population, allowing them to improve their quality of life.”  - Dr. Yi also added, - “we have a substantial understanding of the nature of discovery and R&D in pharmaceutical area. We are aware of the challenges that NMS Group, as an innovation-oriented company are currently facing and will face in the future. We are well prepared to walk alongside with NMS Group and provide support from all aspects.” 

The total value of the deal, a mix of equity injection and debt restructuring, is around 300 mln Euro and the parts expect the closing in the first quarter 2018.

“NMS shares Sari’s mission to help people live longer, better lives through top class research. We are proud of the job we made together with Sari team. This acquisition will benefit all the life science business environment in Lombardia, our shareholders and most of all, the research which is the heart of everything we do,” - said Andrea Agazzi, NMS Chairman. - “The deal is the culmination of several years of hard work by our team of dedicated professionals. We welcome the opportunity to become part of the Sari network if companies and research centers and we look forward to the continued evolution of our pipeline of molecules.”

Sari has been assisted by Bank of China International (China) Limited as solo financial advisor and by Studio Legale Pedersoli as legal advisor. Bank of China Ltd Milan Branch offered help in the transaction.
NMS Group has been assisted by Leonardo&Co as financial advisor and by CMS as legal advisor.

Interim Analysis of Ignyta's Entrectinib Suggests Potential Best-in-Class Profile as a First-Line Targeted Therapy in Patients With ROS1-Positive...
San Diego, October 17th 2017 - Ignyta, Inc. - Interim Analysis of Ignyta's Entrectinib Suggests Potential Best-in-Class Profile as a First-Line Targeted Therapy in Patients With ROS1-Positive Non-Small Cell Lung Cancer
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FDA Grants Orphan Drug Designation to Trovagene's PLK1 Inhibitor, PCM-075, for the Treatment of Acute Myeloid Leukemia (AML)
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'Open Day Open Science', nel campus di Nerviano un evento dedicato agli studenti in occasione della Biotech Week

Nerviano, 19 Settembre  Nerviano Medical Sciences parteciperà alla prossima Biotech Week, la settimana di eventi e manifestazioni dedicati al settore delle biotecnologie, con un evento dedicato agli studenti delle scuole superiori. L'iniziativa ha l’obiettivo di celebrare il ruolo chiave di queste tecnologie e i successi della ricerca.

"E' un orgoglio essere parte di questa iniziativa mondiale, - ha commentato il Dr. Agazzi - che nel 2015 ha ottenuto la “Medaglia del Presidente della Repubblica” quale premio di rappresentanza e quest’anno gode del patrocinio del Senato della Repubblica. Per questa edizione abbiamo pensato di aprire le porte del Campus agli studenti per l'importanza che riconosciamo al mondo della Scuola e l'interesse e curiosità che da sempre I ragazzi riservano alla attività del Centro. Inoltre, - conclude Agazzi - siamo lieti e orgogliosi di partecipare a questa inziativa insieme a diversi partner istituzionali quali l'Associazione europea delle imprese biotech che l'ha lanciata una decina di anni fa in Canada, EuropaBio che l'ha importata nella Comunità Europea nel 2013 in occasione del 60° anniversario della scoperta della struttura DNA e Assobiotec che la coordina a livello nazionale."

Di seguito il programma completo della manifestazione.


ebw programma


Trovagene announces Manufacturing Agreement with NerPharMa for Supply of PCM-075 for AML Trial
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Nerviano Medical Sciences

Nerviano Medical SciencesHeart of the innovative Group focused on the identification of new therapeutic strategies, research and development of new drugs, shapes the future of the oncology.
www.nervianoms.com

Accelera

AcceleraAn Italian preclinical research Company, recognized and certified, all over the world provides high standard integrated services, with reliability and international compliance.
www.accelera.org

Clioss

CliossWith an extensive experience, Clioss partners worldwide Biopharma, Biotech and Research Institutions for full cycle drug development from First-Time-In-Man.

www.clioss.com

NerPharMa

NerpharmaConsolidated know-how, the highest quality standards characterize the offered services: for the formulation, the registration and the production of the active principle.
www.nerpharma.com

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