Friday, December 23, 2011

Baxter, Momenta to develop follow-on biologics for chronic diseases

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December 23, 2011
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The news summaries appearing in BIO SmartBrief are based on original information from news organizations and are produced by SmartBrief, Inc., an independent e-mail newsletter publisher. The information is not compiled or summarized by BIO. Questions and comments should be directed to SmartBrief at bio@smartbrief.com.

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  Health Care & Policy 
 
  • Reimbursement potential influences clinical trials
    The question of whether insurers and Medicare will pay for a drug increasingly shapes clinical trials, experts say. Some drugmakers have abandoned trials midstage over concerns that payers would not reimburse. The industry is moving toward a model that includes discussions with insurers well in advance of approval applications, Acorda Therapeutics CEO Ron Cohen says. Reuters (12/20) LinkedInFacebookTwitterEmail this Story
  • Genome institute to fund 7 phenotype data projects
    The National Human Genome Research Institute will provide $900,000 and the NIH's Office of Behavioral and Social Sciences Research will provide $100,000 to fund seven projects on standards and tools for using phenotype data in genome-wide association and population studies. The goal is to fine-tune the Consensus Measures for Phenotype and Exposures (PhenX) Toolkit program to help researchers "pinpoint the genetic and environmental contributions to diseases faster and with greater accuracy," said Erin Ramos, an NHGRI epidemiologist and NIH project scientist. GenomeWeb Daily News (12/20) LinkedInFacebookTwitterEmail this Story
  • Late-stage studies continue for Bristol's brivanib
    A late-stage trial showed that Bristol-Myers Squibb's drug candidate brivanib did not improve overall survival of patients with liver cancer who couldn't tolerate or failed treatment with sorafenib. Secondary results of the trial will be presented at a scientific meeting. The completion of a study evaluating brivanib as a first-line therapy is expected next year, and two other late-stage studies of the drug are continuing. Google/The Associated Press (12/22) LinkedInFacebookTwitterEmail this Story
  • Foundation gives UC Davis $2M in research grants
    The W.M. Keck Foundation has given the University of California, Davis, a $1 million research grant to help professors Gang-Yu Liu and Ian Kennedy develop a device for measuring cell mechanics and to study nanoparticles' toxicity. Another $1 million grant was given by the same foundation to help UC Davis professor David Segal research genetic changes related to heart disease. American City Business Journals/Sacramento, Calif. (12/21) LinkedInFacebookTwitterEmail this Story
  • Mutations may link FSGS and Charcot-Marie-Tooth neuropathy
    A study in the New England Journal of Medicine concludes that INF2 mutations could be the cause of many cases of Charcot-Marie-Tooth neuropathy associated with the kidney disease focal segmental glomerulosclerosis. INF2 mutations were found in a high percentage of patients with both the nerve disease and FSGS. The findings may not apply to most Charcot-Marie-Tooth neuropathy patients but could improve understanding of the nerve disease, said Dr. Amanda Peltier of Vanderbilt University. Medscape (free registration) (12/21) LinkedInFacebookTwitterEmail this Story
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  Company & Financial News 
 
  • ViroPharma makes $7.5M initial payment for Meritage acquisition rights
    ViroPharma has signed an exclusive option agreement to buy Meritage Pharma for an initial fee of $7.5 million and up to $12.5 million more in exchange for development rights to Meritage's esophagus drug. The deal gives ViroPharma the choice to buy Meritage for $69.9 million after reviewing midstage data. Reuters (12/22) LinkedInFacebookTwitterEmail this Story
  • Poniard and Allozyne terminate merger deal
    Biotech firm Allozyne and Poniard Pharmaceuticals agreed to cancel a merger agreement because the resulting entity would not qualify for listing on Nasdaq. Poniard said its board is exploring options for company assets. Xconomy/Seattle (12/22) LinkedInFacebookTwitterEmail this Story
Enterprise Asset Management: Cost Avoidance
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  Food & Agriculture 
 
  • Europe clears Dow cotton variety and Syngenta corn
    The European Commission approved three insect- and herbicide-tolerant biotech corn crops from Syngenta as well as an insect-resistant cotton variety from Dow Chemical for use in food and feed and for import and processing. Effective for 10 years, the approvals do not cover cultivation of the crops in the European Union. Bloomberg Businessweek (12/22) LinkedInFacebookTwitterEmail this Story
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  Industrial & Environmental 
  • White House is reviewing 2012 biofuel targets, EPA says
    The Environmental Protection Agency is waiting for the White House to finish reviewing the 2012 Renewable Fuel Standard requirements before making the final regulation public. "We will issue it as soon as that review is complete," said Catherine Milbourn, an EPA spokeswoman. The Renewable Fuels Association has asked the EPA to release the regulation or at least explain the reason for the delay. The Des Moines Register (Iowa)/Green Fields blog (12/22) LinkedInFacebookTwitterEmail this Story
  News from BIO 
  • Ship with FedEx
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  Editor's Note 
  • SmartBrief will not publish Monday
    In observance of Christmas, SmartBrief will not publish Monday. Publication will resume Tuesday. Enjoy the holiday! LinkedInFacebookTwitterEmail this Story
  SmartQuote 
It is a fair, even-handed, noble adjustment of things, that while there is infection in disease and sorrow, there is nothing in the world so irresistibly contagious as laughter and good-humour."
--Charles Dickens,
British author


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