24 July 2015
Pharma needs to get into digital health data game to stay competitive, study says
Eric Palmer / FeircePharma
That Apple ($APPL) watch you are wearing may allow you to text and listen to music, and it can track your activity. But it may also be conducting a postmarket study that will help cut the price of some of your prescription drugs in the future.
24 July 2015
Novartis CEO predicts a pharma pricing squeeze from insurer M&A
Tracy Staton / Fierce Pharma
Worried that health insurers' urge to merge will put even more pressure on your prices? You're in good company. Novartis ($NVS) CEO Joe Jimenez agrees. For years, pricing freedom in the U.S. has allowed drugmakers to set prices higher than in other countries and raise them along the way. The tactics help offset budget pressures overseas and can drive sales growth for meds on the decline.
24 July 2015
Health specialists call for $2 billion global fund for vaccines
Kate Kelland / Reuters
Global health experts called on Wednesday for the creation of a $2 billion vaccine development fund to feed a pipeline of potential new shots against priority killer diseases like Ebola, MERS and the West Nile virus.
Miramar® Labs, an innovative global aesthetic company, announced today its miraDry® System received clearance from the U.S. Food & Drug Administration (FDA) for the treatment of unwanted underarm hair, and permanent reduction of underarm hair of all colors. This announcement establishes miraDry as the only technology FDA cleared for the treatment of underarm hair of all colors as well as the permanent reduction of underarm sweat.
23 July 2015
FDA and EU Regulators Strategize Future Collaboration
BioPharm International
On July 14, 2015, the European Medicines Agency (EMA) detailed plans developed during a June 19, 2015 meeting between FDA, EMA, and the European Commission. The meeting was part of the agencies’ continuing collaboration to advance drug development and evaluation.
23 July 2015
Torrid pace of VC investing in H1 sets a new biotech record
John Carroll / FierceBiotech
The venture money machine backing the biotech industry in the U.S. was operating in overdrive during the second quarter, generating a record amount of investing in new drug development as IPOs continue their romp in the third year of a wide-open market.
23 July 2015
U.K. puts Cambridge at the heart of £50M precision medicine program
Nick Paul Taylor / Fierce Biotech
The United Kingdom has put Cambridge at the heart of its £50 million ($78 million) push into precision medicines. Cambridge is to host the headquarters of the precision medicine network, from which a team will coordinate regional centers to support the advance of targeted therapies through the clinic and into real-world use.
23 July 2015
Neurological Disorders Drug Development Pipeline has 420 Candidates, Says New Report
Randi Hernandez / BioPharm International
The drug pipeline to treat neurological disorders—which currently clocks in with 420 medicines under review by FDA—will be full of biologics, according to a new report released by the Pharmaceutical Manufacturers of America and the Epilepsy Foundation.
22 July 2015
NIH joins public-private partnership to fund research on autism biomarkers
U.S. National Institute of Health
Government, non-profit and other private partners will fund a multi-year project to develop and improve clinical research tools for studying autism spectrum disorder (ASD). The project will receive a total of $28 million over the next four years to test and refine clinical measures of social impairment in ASD in order to better evaluate potential behavioral and drug therapies. It is supported by the National Institutes of Health (NIH), the Foundation for the NIH (FNIH), the Simons Foundation Autism Research Initiative (SFARI), and others.
22 July 2015
FDA turns to Google for help spotting adverse events
Nick Paul Taylor / Fierce Biotech IT
The FDA has approached Google ($GOOG) for help identifying adverse drug events in search data. The regulator hooked up with Google to access the insights of Evgeniy Gabrilovich, an engineer at the tech behemoth who has published papers on the subject of mining search queries for adverse event reports.
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.