Tag

United Therapeutics

All articles tagged with #united therapeutics

Orbital pharma gains momentum as Varda teams with United Therapeutics to grow drugs in microgravity
technology23 days ago

Orbital pharma gains momentum as Varda teams with United Therapeutics to grow drugs in microgravity

Private space startup Varda Space Industries is expanding commercial drug production in orbit, partnering with United Therapeutics to use microgravity to improve drug crystallization and stability. The approach combines Earth‑based screening in a new 10,000‑sq‑ft lab with a plan to launch multiple autonomous satellites to test and manufacture therapies in space, aiming to shorten development times and create products valuable enough to justify reentry to Earth. This marks a notable milestone in the evolving orbital biotech economy as the cadence of launches increases and long‑term goals shift toward building a space‑based pharmaceutical business.

United Therapeutics Acquires Miromatrix Medical in $91M Deal
business2 years ago

United Therapeutics Acquires Miromatrix Medical in $91M Deal

United Therapeutics Corporation has entered into a definitive agreement to acquire Miromatrix Medical Inc., a life sciences company focused on the development of bioengineered organs composed of human cells. The acquisition will expand United Therapeutics' organ manufacturing programs and its efforts to address the shortage of transplantable organs. The purchase price is $3.25 per share in cash at closing, with an additional cash payment upon the achievement of a clinical development milestone related to Miromatrix's fully-implantable manufactured kidney product. The transaction is expected to close in the fourth quarter of 2023.