R&D Trends

NIHR invests $23.4M in pediatrics research

Tuesday, May 31, 2016

A significant number of children experience long-term health conditions. This group’s health needs have not previously been given the research priority that they deserve. The NIHR has invested £21 million ($23.4 million) in 35 new studies focusing on improving the health outcomes for children and young people.

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NIH funds biobank to support Precision Medicine Initiative Cohort Program

Friday, May 27, 2016

As part of President Obama’s Precision Medicine Initiative (PMI), the National Institutes of Health will award $142 million over five years to the Mayo Clinic, in Rochester, Minnesota, to establish the world’s largest research-cohort biobank for the PMI Cohort Program, a longitudinal research study which aims to enroll 1 million or more U.S. participants to advance precision medicine.

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Eli Lilly to launch 20 products through 2023

Thursday, May 26, 2016

In a presentation to the investment community, Eli Lilly stated it has the potential to launch 20 new products in the 10 years beginning in 2014 and extending through 2023. In addition, Lilly could launch an average of two new indications or line extensions for already-approved products per year during that same time period.

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Gamida Cell receives $4.4M grant from the Israeli Government

Thursday, May 26, 2016

Gamida Cell, a provider of cellular and immune therapies for the treatment of cancer and orphan genetic diseases, has been awarded a grant of up to $4.4 million from the Israel Innovation Authority (formerly the Office of the Chief Scientist) of the Israeli Ministry of Economy and Industry. The mission of the Israel Innovation Authority is to encourage innovation and entrepreneurship in various industries, including science and technology, while stimulating economic growth.

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OrbiMed launches $307M Israel venture capital fund

Tuesday, May 24, 2016

OrbiMed, an investment firm focused on the healthcare sector, announced the closing of its second Israel-focused venture capital fund, OrbiMed Israel Partners II, LP, with approximately $307 million in capital commitments. Investors in the fund include several of the world’s largest healthcare companies, in addition to dozens of institutional investors and family offices.

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Report: 2015 broke R&D records

Monday, May 23, 2016

The Biotechnology Innovation Organization (BIO) has released a new report, “Emerging Therapeutic Company Investment and Deal Trends,” highlighting 10 years (2006-2015) of biotechnology funding and deal making across five areas: venture capital, IPOs, follow-on public offerings, licensing, and acquisitions. The report also offers clinical pipeline snapshots to provide context on the degree of industry partnering and the contribution of emerging companies.

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