Wednesday, January 18, 2012

Drugmakers eye the biosimilars market

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January 18, 2012
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  Today's Top Story 
 
  • Drugmakers eye the biosimilars market
    Generic-drug makers are increasingly focused on producing biosimilars because of the segment's competitive advantage and ability to bring high profit margins, according to a report from Frost & Sullivan. "The trend is shifting towards less competitive, yet commercially attractive segments such as difficult-to-produce generics, specialty generics and biosimilars," as governments worldwide try to curb health care costs, firm analyst Aiswariya Chidambaram said. PharmaTimes (U.K.) (1/17) LinkedInFacebookTwitterEmail this Story
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  Health Care & Policy 
 
  • BrainStorm's stem cell treatment for ALS appears safe in study
    BrainStorm Cell Therapeutics said initial results of a clinical trial show that adult stem cell therapy NurOwn is safe for patients with amyotrophic lateral sclerosis. The study involves transplanting cells derived from patients' bone marrow. Researchers are preparing to expand the trial to determine the treatment's efficacy. Reuters (1/17) LinkedInFacebookTwitterEmail this Story
  • Pfizer and Medivation stop work on Dimebon
    Medivation and Pfizer will end development of Dimebon for all therapeutic indications after the drug did not achieve primary endpoints in a study that combined it with Aricept, a standard treatment for mild to moderate Alzheimer's disease. The drug was previously tested by itself as a treatment for Alzheimer's. The Wall Street Journal (1/18) LinkedInFacebookTwitterEmail this Story
  • Researchers make headway in stem cell trials
    Studies to be presented at a conference in San Diego will highlight the progress of stem cell treatments in clinical trials. One of the studies encompasses the use of mesenchymal stem cells in treating the adverse effects of radiation. Another study covers the use of an allogenic supportive cell therapy to restore motor function after stroke. Genetic Engineering & Biotechnology News (1/15) LinkedInFacebookTwitterEmail this Story
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  Company & Financial News 
  • Valeant increases offer for ISTA to about $360M
    Valeant Pharmaceuticals International raised its acquisition bid for eye-drug company ISTA Pharmaceuticals to $7.50 a share, or about $360 million, plus assumed debt. The Canadian drugmaker said it might further increase the offer upon due diligence. ISTA is considering the sweetened proposal as part of a strategic review, CEO and President Vicente Anido said. The Globe and Mail (Toronto)/The Canadian Press (1/17) LinkedInFacebookTwitterEmail this Story
  • Janssen opens life science center in California
    Janssen Research & Development has created a life science center called Janssen Labs in San Diego. The 30,000-square-foot center will provide startup biotech companies with flexible lab environment, allowing them to rent space and lab equipment on a short-term basis. Diomics, Neurolixis, Tem Systems and Yolia Health will be the first residents of the center. Genetic Engineering & Biotechnology News (1/17) LinkedInFacebookTwitterEmail this Story
  Drug Development Basic Training 
  • Biosimilar development in a virtual biotech environment (Part I)
      
    Finox Biotech was founded late in 2007 as a virtual company and has made considerable progress in developing its first biosimilar, Afolia, a recombinant-human follicle-stimulating hormone. In this article, the first part of two, the co-founder and CEO of Finox Biotech describes in detail the company's target selection and approach to choosing the right partners. Check back next week for Part II. LinkedInFacebookTwitterEmail this Story
  Featured Content 
 

  Food & Agriculture 
  Industrial & Environmental 
  • Valero to pour $50M in Mascoma's cellulosic-ethanol project
    Valero Energy is planning to invest $50 million in Mascoma's proposed cellulosic-ethanol plant in Michigan. Mascoma received $23.5 million in state funding and is awaiting approval of a $210 million federal loan guarantee for the project, which is estimated to cost $350 million. Construction is slated to begin this year with production to start in 2013. Energy Business Review (1/17) LinkedInFacebookTwitterEmail this Story
  News from BIO 
  • BIOtechNOW
    BIOtechNOW is the first in a number of new products from BIO intended to enhance our communications with the biotech community -- not only with our members, but with other stakeholders as well. This monthly e-newsletter, combined with its website, serves as our flagship in that effort. BIOtechNOW will offer original content that emphasizes the business needs of the industry; highlight BIO's advocacy efforts; and provide a portal to all BIO activities and events. Most importantly, it will spotlight for those outside the industry the value of biotechnology. Sign up for the monthly BIOtechNOW e-newsletter. LinkedInFacebookTwitterEmail this Story
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