10 January 2018
After disappointing 2016, new drug approvals roared back to life in 2017
Amirah Al Idrus / FierceBiotech
New drug approvals all but screeched to a halt in 2016, with a measly 22 new OKs after a pair of bountiful years. But the FDA wasted no time in 2017, signing off on 12 drugs in the first quarter alone—besting its record for the same period of any year in recent history.
10 January 2018
Biotech stocks fail to lift on so-so J.P. Morgan conference's first day
Ben Adams / FierceBiotech
Last year, things were pretty quiet out of the J.P. Morgan Healthcare Conference: few deals, few major updates. That seemed to set the tone for much of the year, at least on the M&A front.
Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq: SNDX), a clinical stage biopharmaceutical company developing entinostat and SNDX-6352 in multiple cancer indications, today announced a new clinical collaboration with Genentech , a member of the Roche Group. As part of the collaboration, the two companies will evaluate the combination of Syndax's entinostat, an oral, small molecule, class I HDAC inhibitor, and Genentech's programmed cell death ligand 1 (PD-L1) blocking antibody, atezolizumab (TECENTRIQ®), in patients with second-line hormone receptor positive, human epidermal growth factor receptor 2 negative (HR+, HER2-) metastatic breast cancer.
09 January 2018
Russian President signs the Federal Law on introduction of drug labeling
GMP News
Russian President Vladimir Putin signed the Federal Law “On amendments to the Federal law “On Circulation of medicines.” The law provides for the establishment of state information system to monitor the movement of medicinal products for human use from the manufacturer to the final consumer by using the means of identification with regard to medicinal products in order to ensure the quality control of medicinal products for human use, that are in circulation, and protect the legal trade from falsified, counterfeit, and substandard medicines.
09 January 2018
A pharmaceutical technopark is planned to be established in the Baikal region
GMP News
A meeting of Scientific Coordination Council under the Governor of the Irkutsk region was held in the Government of the Irkutsk region. The meeting was attended by Sergey Levchenko, the head of the region, and discussed the establishment of an innovative chemical and pharmaceutical technopark.
29 December 2017
The Federation Council of Russia ratifies the MEDICRIME Convention
GMP News
Russian senators have approved the Federal Law “On ratification of the Council of Europe Convention on the counterfeiting of medical products and similar crimes involving threats to public health” (MEDICRIME Convention).
28 December 2017
FAS will support Russian manufacturers in the registration of prices
GMP News
The head of Federal Antimonopoly Service (FAS) of Russia Igor Artemyev met with the executives of Pharmstandard PJSC and BIOCAD CJSC, two major Russian pharmaceutical companies. At their meeting, the parties discussed the ways to support the domestic pharmaceutical manufacturers in the draft Decree of the Government of the Russian Federation “On State Registration and Re-Registration of Maximum Ex-Works Prices for Medicinal Products Included in the List of Vital and Essential Drugs” which is currently being elaborated.
28 December 2017
Pharmaceutical industry grew by 80% in Kaluga region
GMP News
On December 25, in the media center of Vest, a newspaper in Kaluga, the Governor of Kaluga region Anatoly Artamonov held a press conference on the results of outgoing year. In his opening remarks, the head of the region presented the preliminary figures for 2017 to the media community of the region. The pharmaceutical industry demonstrated a growth of 180% compared to the last year.
27 December 2017
The top 10 pharma R&D budgets in 2016
Ben Adams / FierceBiotech
Last year, biopharma won its share of new drug approvals, though not as many as we're used to in the U.S., as research spending came to fruition. But drugmakers also suffered a number of R&D setbacks, cut research staff, rejigged their operations and refocused their pipelines.
27 December 2017
Researchers in Tomsk develop a fundamentally new anti-inflammatory drug
GMP News
Researchers from Iphar, a Tomsk-based company, are working on an anti-inflammatory drug with a fundamentally new mechanism of action that will ensure its safe use.
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.