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

19.08.2011

Brussels – While worldwide stock exchanges took a beating in late July and early August, European biotech stocks plunged even more. Stocks of majors like Roche, Novartis and GSK lost more than 10% in the first week of the month,...

Austria, UKUK

17.08.2011

London/Pasching –GE Healthcare vamps up its biopharmaceutical capabilities. The U.K. based unit of the U.S. technology giant General Electric, announced that it has reached an agreement to acquire the Austrian PAA Laboratories....

UKUK

16.08.2011

London – The International Multiple Sclerosis Genetics Consortium, led by the Universities of Cambridge and Oxford and funded by the Wellcome Trust, has identified 29 new genetic variations linked to multiple sclerosis (MS). The...

UKUK

16.08.2011

London – A consortium led by British gene medicince company Ark Therapeutics Group plc has received a EUR5.3m grant from the European Commission’s 7th Framework Programme to fund research to combine Ark’s technology covering...

UKUK

09.08.2011

London - Patents on biomarkers are necessary to encourage innovation and investment in the UK DNA diagnostics market. This is the conclusion of a report from the UK Human Genetics Commission. The paper "Intellectual Property and...

UKUK

15.07.2011

London/Rockville - GlaxoSmithKline and its American partner Human Genome Sciences, Inc. announced today that the European Commission has granted marketing authorisation for belimumab (Benlysta) as an add-on therapy in adult...

UKUK

07.07.2011

The British analytics specialist LGC Ltd. will buy its peer, KBioscience, for an undisclosed sum. The acquisition of KBioscience brings LGC expertise in genotyping services, chemistry and complements its genomic services...

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