 | Complimentary Webinar - Simplifying the Audit Management Process
Tuesday, November 27, 2012, 11:00 am Eastern
Join us to hear how the new TrackWise Audit Execution Package Bundle drives efficiency through enhanced TrackWise capabilities, advanced services and training. Learn how the TrackWise Audit Execution Package can improve productivity, reduce costs and streamline your audit processes in the most effective manner. Register Now! | |
| Health Care & Policy |  |  | | - Pfizer's arthritis drug Xeljanz wins FDA approval
The FDA approved Pfizer's Xeljanz, or tofacitinib, to treat patients with moderate to severe rheumatoid arthritis who can't tolerate methotrexate or for whom it is ineffective. The approval makes Xeljanz the first rheumatoid arthritis drug from a new class of pain treatments known as JAK inhibitors. Yahoo/The Associated Press (11/6)       - Novartis' heart failure drug serelaxin cuts mortality in trial
Novartis' experimental drug serelaxin was associated with a 37% reduction in deaths from any cause in hospitalized patients with acute heart failure compared with placebo during a late-stage trial. The drug, a form of human hormone, also reduced episodes of worsening heart failure symptoms by more than 45% and cut hospital stays by nearly a day. Novartis plans to submit the drug for approval. Reuters (11/7) - LinkedIn brings the biotech world down to size
The work and social platform LinkedIn operates somewhat like an ongoing life sciences industry conference, allowing investors to connect with researchers and consultants, writes Luke Timmerman. Mark Levin, a founding partner at Third Rock Ventures, uses the platform to connect with potential partners and consultants. "Biotech is a geographically far-flung industry, with hundreds of companies and vendors, who all need to work together in trusting relationships to keep the whole enterprise afloat," Timmerman writes. Xconomy (11/5) - Takeda buys U.S. drugmaker for $140M
Takeda America Holdings agreed to pay $140 million to purchase Envoy Therapeutics, a privately held drug discovery firm. The acquisition will give Takeda access to Envoy's pipeline of preclinical central nervous system drugs as well as its proprietary bacTRAP technology, which Takeda says combines "innovative genetic engineering with molecular biology techniques for labeling and extracting the protein-making components of specific types of cells." Genetic Engineering & Biotechnology News (11/6), PharmaTimes (U.K.) (11/6) - U.K. groups to develop iPS cell database
The U.K.'s Medical Research Council and the Wellcome Trust will put $20.5 million toward the development of a database of induced pluripotent stem cells, to be called the Human Induced Pluripotent Stem Cell Initiative. The initiative will aim to produce iPS cells from healthy volunteers and from patient groups for use in genetic disease studies. The database will function as a "comprehensive resource for investigating how genetic variation impacts on cell behavior and how diseases linked to a specific genetic defect can result in a broad spectrum of clinical abnormalities," according to the Wellcome Trust. GenomeWeb Daily News (free registration) (11/6)  |
With in-depth industry knowledge, GE Capital, Healthcare Financial Services' dedicated Life Science Finance team has worked with more than 500 companies and provided over $2.5 billion in financing to the market. Stop just banking. And start building. Click here to find out more. | |
| Industrial & Environmental | | | | - Sapphire Energy, research group team up for algae-based fuel
Sapphire Energy has joined forces with nonprofit research group Institute for Systems Biology to further development of algae-based fuels. "By working with ISB to apply their systems biology approach, we're able to more rapidly identify genes and regulatory pathways that can increase yield and move us toward our goal of making green crude a market-viable crude oil alternative," said Alex Aravanis, chief science officer of Sapphire Energy. DomesticFuel.com (11/2)  | |  | | The Buzz(CORPORATE ANNOUNCEMENTS)
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| News from BIO | | | | - Ship with FedEx
FedEx is now offering member companies discounts of up to 35% off select FedEx services, both U.S. and international services. The BIO program with FedEx is one of the many cost-savings programs offered by BIO through its Business Solutions program. There is no charge for BIO member companies to participate in any of the BIO Business Solutions programs -- it is a benefit of membership. Learn more about the BIO and FedEx program.
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