UKUK

Life belt for British biomedical industry

06.12.2011

London - David Cameron plans to come to the rescue of Britain's embattled biopharmaceutical industry. The conservative prime minister has earmarked £180m (€210 million) to support a "biomedical catalyst fund" to back early-stage academic and biotech R&D at small and medium-sized development outfits. The fund is a package of reforms designed to make the country more attractive to big pharmaceuticals companies, Cameron said in a speech delivered on Monday. Apart from the money the package will include two main measures. The first one is a quicker use of experimental drugs in the patient. In an "early access scheme", seriously ill patients could use new drugs up to a year before they are fully licensed. The second measure has the opposition up in arms. In an unprecedented move, biopharma companies are planned to have access to patient records and other information from the database of the National Health Service. Sarah Chan, deputy director of Manchester University's Institute for Science, Ethics and Innovations, said to Reuters that "the wealth of data collected by the NHS represents a vast and potentially very valuable resource that could be used to facilitate highly beneficial research. The concerns over privacy and confidentiality...are perhaps overblown." The government acted because the life sciences and pharmaceutical industry in Britain has been increasingly under fire. In the heaviest blow yet, US-pharmaceutical company Pfizer announced in February 2011 to close its research and development site in Sandwich, which means the loss of more than 2,000 jobs.

UKUK

22.12.2011

London - Nothing is well if the end is not well. For Astra Zeneca the end of 2011 isn't well at all. A new anti-ovarian cancer drug and a planned antidepressant have underperformed in tests. As a result, AstraZeneca will take a...

UKUK

17.12.2011

Surrey – The UK government is investing an additional £80m (€93.5m) to fund continued development of the Institute for Animal Health (IAH) at Pirbright, an institute of the Biotechnology and Biological Sciences Research Council...

UKUK

15.12.2011

Rijeka/London – Allergies like asthma or psoriasis might arise from environmental toxins, suggest researchers from Rijeka University (Croatia) and King’s College (London). In mice, they identified a special population of T cells...

UKUK

13.12.2011

London – Interesting times ahead in the European cancer treatment market. A report states that in the UK alone, diagnosis and treatment costs are likely to increase by 62%, from £9.4 billion in 2010 to £15.3 billion by 2021. The...

UKUK

12.12.2011

York - Tissue Regenix Group plc plans to raise €29m through the sale of 181.8 million shares. The regenerative medical device company is held within the IP Group portfolio and a spin-out company from the University of Leeds. The...

UKUK

11.12.2011

London – Cancer Research UK has begun recruiting patients in the first phase of its Stratified Medicine Programme, which is aimed at finding cancer biomarkers and establishing a genetic testing service in the UK. The charity’s...

UKUK

06.12.2011

London – British Prime Minister David Cameron is trying to come to the rescue of Britain’s embattled biopharmaceutical industry. He has earmarked €210m to support a “biomedical catalyst fund” to back early-stage academic and...

UKUK

25.11.2011

Cancer Research UK has started recruiting patients in the first phase of its Stratified Medicine Program, which is seeking to find cancer biomarkers and establish a genetic testing service in the U.K. The charity's multi-million...

UKUK

24.11.2011

London – The European Medicines Agency has recalled all batches of the cancer drugs Busilvex, Velcade and Vidaza manufactured at Boehringer Ingelheim’s Ben Venue Laboratories facility in Bedford, Ohio, from the European market....

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http://www.european-biotechnology-news.com/nc/news/messages-archive/archive-uk/browse/1/article/life-belt-for-british-biomedical-industry.html

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