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Taking the fight to cancer

01.10.2011

Amersham – GE Healthcare intends to remain a major force in cancer therapy. Based in London, the health business of the US technology giant announced it will be reserving €730m of its total R&D budget over the next five years for cancer-related topics. Besides advancing molecular imaging, the money will go into the manufacture of biopharmaceuticals and biomarkers for cancer research. GE Healthcare employs 2,600 people in the UK. “We are committed to tackling cancer. We are devoting an even greater share of our R&D budget to continue developing new oncology solutions,” said John Dineen, President and CEO of GE Healthcare. The investment will focus on several biotech areas in the company. GE’s Clarient business is investigating a new biomarker (TLE3) for identifying patients who will not respond to Taxane therapy. TLE3 is being developed for breast cancer, lung cancer and ovarian cancer. GE Global Research scientists are working on diagnostic multiplexing that could allow pathologists to conduct more than 50 different stains on a single tissue section. And in collaboration with the University of California in San Francisco (US), GE Healthcare and GE Global Research are developing new 13C-based agents for metabolic imaging.

UKUK

02.04.2012

London - The not-for-profit UK Biobank, the most comprehensive health study in Britain, is now accessible to researchers from industry and academia. The resource, which contains some 1,000 pieces of health and lifestyle...

UKUK

21.03.2012

London – The British Wellcome Trust announced on 20 March that it will launch a £200m business to invest directly in healthcare and life sciences companies. The business, up to now running under its working title Project Sigma,...

UKUK

07.03.2012

Nanopore sequencer Oxford Nanopore Technologies, a UK firm that promises its third-generation technology could theoretically sequence a human genome in 15 minutes, impressed scientists with the first public presentation of its...

UKUK

06.03.2012

GlaxoSmithKline (GSK) is further strengthening its activity in the area of rare diseases. The London-based pharma giant has signed an early-stage deal to develop and commercialise treatments for lysosomal storage disorders...

UKUK

27.02.2012

London/Montreal - Angiochem will collaborate with British pharma trust GlaxoSmithKline (GSK) plc on treatments for lysosomal storage diseases (LSD). London-based GSK will pay $300m, including up to $31.5m in upfront cash and...

UKUK

08.02.2012

London - GlaxoSmithKline re-adjusts its €3.7bn R&D budget. Following a review, three of 38 R&D units will be cut and four new ones installed, the UK drug company said in a statement on 7 Februray. Furthermore, six of the...

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03.02.2012

London - AstraZeneca tries to shed some weight, anticipating a tough year ahead. 7,300 jobs will be gone soon, the Anglo-Swedish drug company said in a statement. Research and development operations will be cancelled in...

UKUK

16.01.2012

Newhouse – An example of Schumpeter's dictum of creative destruction can be witnessed in Scotland. A former research site of US-pharma company Merck will be reborn as a biotech science park. BioCity Scotland Ltd, a joint venture...

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