16 December 2015
How India got hooked on combination drugs
Krista Mahr / Reuters
Since 1961, India’s drug controller has approved more than 1,200 combination drugs, according to a list published on the website of the Health Ministry’s Central Drugs Standard Control Organization (CDSCO), the national drug regulatory body. But many have also been licensed on the state level without the approval of the central government.
16 December 2015
China's largest CRO, WuXi PharmaTech, now privately held
EJ Lane / FeircePharmaAsia
Shanghai-based WuXi PharmaTech ($WX) has left the New York Stock Exchange in a management-led buyout worth $3.3 billion after a nearly 10-year run with a flurry of deals late this year pointing to the breadth of its ambitions in drug development.
NovaMedica is starting construction of R&D Center for drug development using nanotechnologies
NovaMedica, a Russian pharmaceutical company, is starting construction of R&D Center for innovative drug development and pilot production in Moscow. This Center will include laboratories and production areas equipped with state-of-the-art process equipment that has never been used in the Russian pharmaceutical industry before. The total investments are estimated approximately $15 million.
15 December 2015
Pharmaceutical research firm PPD explores sale, IPO
Carl O'Donnell and Olivia Oran / Reuters
Contract research organization Pharmaceutical Product Development LLC (PPD) is exploring a sale or initial public offering that could value it at between $7 billion and $8 billion, including debt, people familiar with the matter said.
15 December 2015
Drug approvals top 2014 high but R&D returns still struggle
Ben Hirschler / Reuters
The number of new drugs approved in the United States this year has already topped last year's 18-year high, yet large pharmaceutical companies are still struggling to get a decent return on their research dollars.
15 December 2015
CMOs Continue to Improve Overall Biomanufacturing Performance
Eric Langer / BioPharm International
Biomanufacturing efficiency is on everyone’s minds, being the single most important area of focus for global bioprocessing. And contract manufacturing organizations (CMOs) are on the leading edge as they implement performance improvements. CMOs must remain efficient if they are to be competitive--so this is no surprise. Results from BioPlan Associates’ 12th Annual Report and Survey of Biopharmaceutical Manufacturing Capacity and Production (1) offer some clues as to what CMOs are doing to remain competitive.
Clearside Biomedical, Inc., a late-stage clinical biopharmaceutical company developing innovative first-in-class drug therapies to treat blinding diseases of the eye, today announced completion of enrollment in the company’s Phase 2 clinical trial (Tanzanite) for the treatment of macular edema associated with retinal vein occlusion (RVO). The trial uses CLS-TA, Clearside’s proprietary form of triamcinolone acetonide, injected by suprachoroidal space (SCS™) drug administration, concomitantly with aflibercept (Eylea®, Regeneron Pharmaceuticals) delivered intravitreally. Clearside expects to report top-line data from this clinical trial in the first half of 2016.
14 December 2015
Industry navigates clinical trials through cloud computing
Peter Winter / BioWorld
Cloud-based high-performance computing is beginning to prove its worth in drug development research. The next logical step is its application in modernizing the clinical trial process by making trial enrollment and management much more efficient.
14 December 2015
KTN Launches UK Medicines Manufacturing Landscape Portal
BioPharm International
The Knowledge Transfer Network (KTN), the United Kingdom’s innovation network, announced the launch of a new web portal that outlines the UK’s strengths and capabilities in medicines manufacturing.
14 December 2015
China aims precision medicine plans at chronic diseases
EJ Lane / FeircePharmaAsia
Not to be outdone by the United States, China plans to undertake its own national precision-medicine initiative, and expects to have a far easier time finding millions of contributors to a gene database.
The RMI group has completed sertain projects
The RMI Group has exited from the capital of portfolio companies:
Marinus Pharmaceuticals, Inc.,
Syndax Pharmaceuticals, Inc.,
Atea Pharmaceuticals, Inc.