R&D Trends

Russian firms join in $113 million R&D project

Tuesday, August 9, 2011 11:49 AM

Several Russian companies have linked up to establish a joint venture designed to develop innovative treatments in the country, according to PharmaTimes.

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Pfizer, UCSD sign potential $50 million research agreement

Monday, August 8, 2011 01:15 PM

In an innovative collaboration designed to speed the process of drug discovery, Pfizer and the University of California, San Diego health sciences report that UC San Diego has joined the ranks of other life science research institutions across the country as part of Pfizer's Centers for Therapeutic Innovation (CTI).

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Covance collaborates with Broad Institute, expands drug metabolism services

Thursday, August 4, 2011 11:54 AM

Covance said that its Seattle-based genomics laboratory will collaborate with the Broad Institute to create genomic resources for an important research model. Covance’s Next-Generation sequencing capabilities will be used to profile microRNA expression in various tissue samples from this model.

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CRF Health reports growing revenue and earnings

Tuesday, August 2, 2011 10:43 AM

CRF Health has reported that the company’s revenues for the six month period more than doubled from the same period in 2010, while earnings showed an even larger percentage increase over the prior period. CRF Health has now consistently generated earnings over the last ten consecutive quarters. CRF Health also added more than 15 new sponsor or CRO relationships while retaining 100% of its key account client base during that time.  

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GSK CEO predicts R&D success

Friday, July 29, 2011 10:08 AM

GlaxoSmithKline CEO Andrew Witty said the pharmaceutical industry would contract in coming years and that the survivors would be those companies that solved the "equation" of how to squeeze the most profit from every dollar spent on R&D, according to the Philadelphia Inquirer.

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Baxter Ventures to invest $200 million in early-stage companies

Friday, July 29, 2011 10:02 AM

Baxter International has established Baxter Ventures to invest up to $200 million in equity in promising early-stage companies developing therapies that complement Baxter's existing portfolio.

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Survey: clinical trial costs rapidly increasing

Wednesday, July 27, 2011 01:40 PM

Increasing competition for trial sites and CROs that can yield reliable, high-quality data is raising the costs of clinical trials, according to a recent survey from Cutting Edge Information.

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KPMG: Outline contract obligations in sponsor-CRO relationships

Tuesday, July 26, 2011 12:28 PM

Pharma companies are increasingly looking to CROs, but a number of risks may be overlooked, according to KPMG.

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Pfizer to open research center in San Francisco’s Mission Bay

Friday, July 22, 2011 01:28 PM

Boosting Mission Bay's goal of becoming a hub for cutting-edge biotech, Pfizer has plans to establish a research center at the 303-acre former industrial site overlooking San Francisco Bay, according to the San Francisco Chronicle.

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Editors: FDA medical-device approval studies flawed

Friday, July 22, 2011 10:10 AM

Studies concluding U.S. reviews of medical devices lag behind those in Europe and drive up costs for makers are flawed, according to editors of three medical journals, Bloomberg News reported.

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