Archive for the 'Bioinformatics' Category
July 29th, 2010 by admin
Milestone payments are becoming an increasingly familiar aspect of many biotech deals, as buyers try to mitigate the risks inherent with big purchases. Take Celgene’s $2.9 billion buyout of Abraxis; the biotech giant set aside $650 million in milestone payments if Abraxis’ key drug Abraxane hit certain goals. “These structures are a great way for buyer and seller to share the risk that’s related to drug development,” says analyst Brett Skolnik. Milestones also encourage buyer and seller to look beyond the merger, making it more likely the deal will be beneficial to both sides in the long term.
Continue reading ‘Milestones Mitigate Risk in Biotech Deals’
July 28th, 2010 by admin
A Utah doctor is being sent to jail for his connection to an illegal online pharmacy that sold more than eight million weight-loss pills manufactured in Mexico. Dr James A Brinton was sentenced to three years in a federal penitentiary after he pleaded guilty to conspiracy to distribute phentermine and conspiracy to commit international money laundering, according to the Desert News. The doctor was one of 18 people who were charged with crimes in connection to the Lighthouse Meds website.
Continue reading ‘Utah Doctor Sentenced to Three Years for Illegal Online Pharmacy’
July 27th, 2010 by admin
Oncologics, lipid regulators, respiratory agents, antidiabetics and anti-ulcerants are the five largest drug classes by sales. But annual sales are only half the story. Which drug classes are booming, and which have plateaued–or even dropped? IMS Health has released top-line industry data revealing the 15 largest drug classes, and we’ve crunched the numbers to take a closer look at the average sales growth of the 15 largest therapeutic classes over the last five years.
Continue reading ‘Fastest Growing Therapeutic Classes (by Sales)’
July 23rd, 2010 by admin
A group of scientists have demonstrated that specially engineered stem cells could be used to fights off AIDS, successfully testing the approach in mice engineered to develop immune systems similar to humans. The investigators started with the observation that a small group of people who are virtually immune to HIV have disabled CCR5 receptors on their immune cells–a door the virus uses to infect the cells. The scientists engineered stem cells with the ‘door’ essentially locked, then inserted them into the mice, where they developed into immune cells that were able to guard the mice against HIV.
Continue reading ‘Specially Engineered Immune Cells Ward off AIDS’
July 22nd, 2010 by admin
Nigeria is fast-tracking mobile authentication services in its fight against drug counterfeiters. Manufacturers will bear the brunt of the cost, at least initially. The costal country of 150 million is at the forefront of African anti-counterfeiting efforts, thanks largely to a rampant supply of malaria drug fakes. In mid-May, the nonprofit Pedigree Network and computer giant HP launched an authentication trial in Nigeria and Ghana; Nigeria is also conducting tests with Merck using technology from Sproxil.
Continue reading ‘Nigeria Takes on Fake Drugs with New Technology’
July 20th, 2010 by admin
In the quest for a cancer vaccine, Merck KGaA is again stepping into the ring. Vaximm Holding AG, the company’s joint venture with a Switzerland’s BB Biotech Ventures III, will start testing a therapeutic cancer vaccine in patients next year. The vaccine, VXM01, harnesses the body’s immune system to fight cancer by using T-cells to close off the tumor’s blood supply. Roche’s Avastin also focuses on the tumor’s blood supply, but it focuses on eliminating a protein that creates the blood vessels to the tumor.
Continue reading ‘Merck KGaA’s Pancreatic Cancer Vaccine Ready for Testing’
July 19th, 2010 by admin
Worrywarts who thought Roche would corporatize and homogenize Genentech can rest easy. Roche is veering toward Genentech, rather than the other way around, Bloomberg reports. Even though Roche was the one that bought out Genentech in last year’s $46.8 billion deal, the Swiss drugmaker has named Genentech scientists to key jobs–Hal Barron as head of global development, Ian Clark as chief of Roche’s North American commercial operations, Pat Yang as global manufacturing chief. Genentech veterans have also taken hold farther down the food chain, running marketing teams and commercial-management roles.
Continue reading ‘Roche Cedes Power, Jobs to Genentech’
July 16th, 2010 by admin
Over the next five years, the market for biosimilars will swell to $10 billion, but only a handful of players with deep pockets and world-class R&D facilities will be able to play. And that means that most small- and medium-size drug developers will never have a chance of leaping into the new market for follow-on biologics.
Continue reading ‘Only the Biggest Developers can play the Biosimilar Game’
July 14th, 2010 by admin
Chang Lu and his chemical engineering research group at Virginia Tech have discovered how to “greatly enhance” the delivery of DNA payloads into cells. The description of their work will be featured on the cover of Lab on a Chip, the premier journal for researchers in microfluidics. Lu’s ultimate goal is to apply this technique to create genetically modified cells for cancer immunotherapy, stem cell therapy and tissue regeneration.
Continue reading ‘New Spin on DNA Delivery: Enhanced Delivery Method of DNA Payloads into Cells’
July 9th, 2010 by admin
For someone with a severe, incurable lung disorder such as cystic fibrosis or chronic obstructive pulmonary disease, a lung transplant may be the only chance for survival. Unfortunately, it’s often not a very good chance. Matching donor lungs are rare, and many would-be recipients die waiting for the transplants that could save their lives.
Continue reading ‘Scientists Grow New Lungs Using ‘Skeletons’ of Old Ones’
