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FDA awards grants to stimulate drug, device development for rare diseases

Wednesday, October 1, 2014 01:27 PM

The FDA has awarded 15 grants totaling more than $19 million to boost the development of medical device, drug and biological products for patients with rare diseases, with at least a quarter of the funding going to studies focused solely on pediatrics.

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Baxter to form new innovation and R&D center for biopharmaceuticals

Wednesday, October 1, 2014 01:26 PM

Baxter International plans to form a new global innovation and R&D center in Cambridge, Mass., for Baxter's biopharmaceuticals business, which is expected to become a separate, independent global company known as Baxalta in mid-2015.

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PCORI approves $102M in support of 46 new research projects

Wednesday, October 1, 2014 01:23 PM

The Patient-Centered Outcomes Research Institute (PCORI), a Wash. D.C.-based independent nonprofit organization, has approved 46 new proposals, totaling nearly $102 million in support, to fund a wide range of patient-centered clinical comparative effectiveness research (CER) projects.

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NIH awards initial $46 million for BRAIN Initiative research

Wednesday, October 1, 2014 01:21 PM

The NIH has announced its first wave of investments totaling $46 million in fiscal year 2014 to support the goals of the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative. More than 100 investigators in 15 states and several countries will work to develop new tools and technologies to understand neural circuit function and capture a dynamic view of the brain in action.

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Report: Biosimilars to revolutionize global drug development, 700 therapies in pipelines

Wednesday, October 1, 2014 01:20 PM

There currently are 700 follow-on biologics therapies moving through pipelines, with many already approved, and 245 biopharma companies and institutes developing or already marketing follow-on biologics in markets throughout the world, according to Thomson Reuters.

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Horizon Discovery Group acquires Sage Labs for $48M

Wednesday, October 1, 2014 01:18 PM

Horizon Discovery Group, a Cambridge, U.K.-based international life science company supplying research tools and services to organizations engaged in genomics research and the development of personalized medicines, has agreed to acquire Sage Labs, a St. Louis, Mo.-based provider of advanced in vivo transgenic disease models for use in preclinical research, for up to $16 million in cash and up to $32 million through the issue of new ordinary shares.

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Clinical Conductor CTMS, OpenClinica EDC partner

Wednesday, October 1, 2014 01:17 PM

Clinical Conductor CTMS, a Rochester, N.Y.-based provider of clinical trial management system, and OpenClinica, a Waltham, Mass.-based provider of global electronic data capture (EDC) software platforms, have partnered to deliver a seamless EDC-CTMS integration to drive productivity in clinical research.

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LabConnect uses custom approach to enhance clinical data mining

Wednesday, October 1, 2014 01:16 PM

LabConnect, a Seattle, Wash.-based provider of central laboratory services to the biopharmaceutical industry, has released its BioVisualization software platform.

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WuXi PharmaTech acquires XenoBiotic Laboratories

Wednesday, October 1, 2014 01:11 PM

CRO WuXi PharmaTech, with operations in China and the U.S., has acquired XenoBiotic Laboratories (XBL), a CRO with facilities in New Jersey and China. Financial terms have not been disclosed.

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Consort Medical to acquire Aesica Pharmaceuticals for $373 million

Wednesday, October 1, 2014 01:08 PM

Consort Medical is acquiring Aesica Pharmaceuticals for $373 million. The closing of the transaction, expected to occur in November, is conditional on the approval of Consort Medical’s shareholders and clearance by the German competition authorities.

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Benefits outweigh the complexities, challenges of finding right vendors

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