07 February 2018
EMA published a new guidelines on evaluation of advanced therapy medicines
GMP News
The European Medicines Agency (EMA) has updated its procedural advice on the evaluation of advanced therapy medicinal products (ATMPs). The update aims to streamline some procedural aspects, strengthen collaboration between EMA’s scientific committees and address specific needs of ATMP developers in the evaluation procedure for initial marketing authorisations, to help developers of these medicines – often small and medium-sized enterprises (SMEs) or academic spin-offs – navigate the regulatory process in the EU.
06 February 2018
Russia backs medical IT developers
Marchmont Innovation News
Russia’s Advanced Research Fund (ARF) has been boosting support for developers of IT projects to be used in medicine. “We’re witnessing a growing number of IT projects in the field of medicine. These primarily include mobile apps for telemedicine, nervous disorder diagnostics by analyzing the way a person speaks, rehabilitation following strokes and brain damages, and many others,” ARF Deputy CEO Sergei Garbuk was quoted as saying. He is in charge of the IT department at the Fund.
06 February 2018
MIT study finds that 14% of trials see approvals—higher than first thought
Ben Adams / FierceBiotech
A 14% hit rate for drug approvals coming out of clinical trials might not sound great, but researchers at the Massachusetts Institute of Technology say this is much higher than they thought, and that approvals are bouncing up again after a period of decline.
05 February 2018
Pfizer and ICMR will create an antimicrobial resistance centre in India
GMP News
The Indian Council of Medical Research (ICMR) and Pfizer have announced a partnership to set up a centre aimed at combating growing antimicrobial resistance (AMR) in India. The centre will help in three basic things – expanding ICMR’s Antimicrobial Stewardship Programme across the country in a phased manner with the focus on smaller in-patient centres and enhancing its existing AMR Surveillance Programme by training specialists to run an expanded network.
05 February 2018
Russia increases its budget for antiretroviral drugs by 20% in 2018
GMP News
The Russian Ministry of Health wants to prevent disruptions in the supplies of antiretroviral drugs. This year, the budget of the Ministry allocated 21.6 billion rubles for this purpose, which is 20% more than in 2017 (17.8 billion rubles), according to the press service of the Ministry of Health.
02 February 2018
Hospitals Launch Their Own Generic Drug Company
BioPharm International
A consortium of four healthcare groups, citing frustration with ongoing shortages and high costs of generic medications, announced on Jan. 18, 2018 the formation of a not-for-profit generic drug company. The healthcare groups, Ascension, Intermountain Healthcare, SSM Health, and Trinity Health—working in consultation with the US Department of Veterans Affairs (VA)—represent more than 450 hospitals in the US.
02 February 2018
PhRMA points finger at insurers on new drug cost website for consumers
Beth Snyder Bulik / FiercePharma
PhRMA wants to keep talking about drug costs. So as part of its ongoing “Let’s Talk About Cost” marketing campaign, the pharma trade organization launched a new consumer-facing website to address the issue and explain the industry's perspective.
Syndax Announces Immuno-Oncology Clinical Trial Collaboration with AstraZeneca
Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq: SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced a new clinical collaboration with AstraZeneca to evaluate the safety and efficacy of AstraZeneca's durvalumab, a human monoclonal antibody directed against programmed death-ligand 1 (PD-L1), in combination with SNDX-6352, Syndax's monoclonal antibody inhibitor of Colony-Stimulating Factor 1 Receptor (CSF1R), across a variety of solid tumors.
01 February 2018
WHO published new insights on antibiotic resistance
GMP News
WHO’s first release of surveillance data on antibiotic resistance reveals high levels of resistance to a number of serious bacterial infections in both high- and low-income countries.
01 February 2018
Russian Ministry of Industry and Trade takes steps to reduce drug prices
GMP News
The Ministry of Industry and Trade of Russia prepared a draft law that would allow the manufacturers of medicinal products and medical devices to minimize their payments of value added tax for imports and sales of medical products in the Russian Federation and, thereby, reduce the final price of these products for consumers.
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.