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Shire’s $30 Billion Bid For Baxalta Is All About Drug Pipelines And Tax Savings

A year ago Shire shares were punished when the U.S. Treasury’s freeze on so-called inversion transactions nixed the company’s sale to AbbVie, a Chicago-based pharma giant looking to save money on taxes by shifting its headquarters abroad. Now, instead of selling to a competitor in the ‘Windy City’, Shire is using its Irish domicile to scoop […]

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FDA Approves First 3-D Printed Drug

3-D printing has been around in various forms since the 1980s, originally as a means of quickly producing affordable prototypes for the manufacturing industry. Recently, researchers have found some amazing healthcare and biological applications for 3-D printing technology. From custom prosthetics to living tissue, 3-D printing is a versatile means of providing cost effective and […]

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Insys Therapeutics Receives FDA Orphan Drug Designation for Its Pharmaceutical Cannabidiol for the Treatment of Infantile Spasms

PHOENIX, AZ–(Marketwired – Aug 4, 2015) – Insys Therapeutics, Inc. (NASDAQ: INSY) (“Insys” or “the Company”) today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to its pharmaceutical cannabidiol (CBD) candidate for the treatment of iC (IS). “We are pleased to have received orphan drug designation for CBD to […]

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European Commission Grants Orphan Drug Designation to ProMetic’s Plasma-Derived Plasminogen Drug

LAVAL, QUEBEC–(Marketwired – Aug. 4, 2015) – ProMetic Life Sciences Inc. (TSX:PLI)(OTCQX:PFSCF), (“ProMetic” or the “Corporation”) announced today that an orphan drug designation status has been granted for its human plasma derived plasminogen drug by the European Commission for the treatment of plasminogen deficiency. ProMetic is currently investigating the safety, tolerability and pharmacokinetics of its […]

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New analysis underscores improving pharma R&D productivity

Drug industry productivity is continuing to improve, with a bumper haul of new products being launched and companies proving more successful in the final stages of clinical testing, according to a new analysis. Data from Thomson Reuters published on Tuesday showed the number of innovative medicines, or new molecular entities, launched globally in 2014 hit […]

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Pharma Sales to Grow Beyond $1 Trillion

PHILADELPHIA, Aug. 4, 2015 /PRNewswire/ — The Intellectual Property and Science business of Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals announced the release of the 2015 CMR Pharmaceutical R&D Factbook, the biopharmaceutical industry’s leading resource of global R&D trends. Despite concerns around declines in R&D, the analysis identifies a surge […]

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Mutation Alert Halts Stem-Cell Trial To Cure Blindness

A pioneering stem-cell trial has been halted after genetic mutations were discovered in the cells of the second trial participant. One of the mutations may carry a remote risk of cancer. The trial is the first to explore whether a type of stem cell known as induced pluripotent stem (iPS) cells can be used to […]

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Artificial Blood Vessels Become Resistant To Thrombosis, Study

Artificial Blood Vessels Become Resistant To Thrombosis Scientists from ITMO University developed artificial blood vessels that are not susceptible to blood clot formation. The achievement was made possible by a new generation of drug-containing coating applied to the inner surface of the vessel. The results of the study were published in the Journal of Medicinal […]

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Depressed Females Have Over-Active Glutamate Receptor Gene, University of Illinois Study

Depressed Females Have Over-Active Glutamate Receptor Gene Numerous genes that regulate the activity of a neurotransmitter in the brain have been found to be abundant in brain tissue of depressed females. This could be an underlying cause of the higher incidence of suicide among women, according to research at the University of Illinois at Chicago. […]

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Can Memories Be Lost And Found? Cardiff University Study

Can Memories Be Lost And Found? A team of University scientists believe they have shown that memories are more robust than we thought and have identified the process in the brain, which could help rescue lost memories or bury bad memories, and pave the way for new drugs and treatment for people with memory problems. […]

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