Indian medtech sector could reach $30B in the next decade, AdvaMed says | Sanofi, Lead Pharma join to develop drugs for autoimmune diseases | Study: Drug-resistant malaria on the verge of spreading into India
 

February 24, 2015
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Indian medtech sector could reach $30B in the next decade, AdvaMed says
The medtech industry in India could be worth $25 billion to $30 billion over the next 10 years with the proper regulatory structure and appropriate government policies, AdvaMed India Working Group Chairman Sanjay Banerjee said Thursday. The group is also calling for a lower duty on lifesaving devices and is urging India's government to establish an ecosystem for the sector's growth. The Economic Times (India)/Press Trust of India (2/19)
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Europe
Sanofi, Lead Pharma join to develop drugs for autoimmune diseases
Sanofi and Lead Pharma agreed to collaborate in the discovery, development and marketing of the latter's lead drug candidates intended to treat a wide variety of autoimmune conditions, including inflammatory bowel disease and rheumatoid arthritis. The collaboration will focus on drugs that target the ROR gamma(t) nuclear hormone receptors. The partners did not reveal the value of the deal, but Lead said it will get an upfront fee, milestone payments and sales royalties from Sanofi. PharmaTimes (U.K.) (2/18), Genetic Engineering & Biotechnology News (2/18)
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5 tips for managing negative online comments
The Internet gives your customers a voice online, but what can you do when that voice is yelling negative comments? With 5 tips, you can learn how to positively respond and help direct the conversation. Read the article and learn the 5 ways to respond positively.

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Study: Drug-resistant malaria on the verge of spreading into India
A study in The Lancet Infectious Diseases has found that drug-resistant malaria is threatening to spread from Southeast Asia to India and into Africa. Blood samples from 940 people with malaria from 55 sites in Myanmar, as well as border areas of Bangladesh and Thailand, showed that 39% carried the K13 or kelch gene mutation, and a map showed that the estimated regional prevalence of resistance was as close as 15 miles from the India border. "We need a more vigorous international effort to address this issue in border regions," said Philippe Guerin, director of the Worldwide Antimalarial Resistance Network. Yahoo/Agence France-Presse (2/20)
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Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

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Valeant buys Salix on strength of IBS drug's expected FDA approval
Canada-based Valeant Pharmaceuticals has purchased North Carolina-based Salix Pharmaceuticals for $10.1 billion. Valeant hopes that Salix's irritable bowel syndrome drug Xifaxan will gain FDA approval by May. Valeant made an unsuccessful attempt last year to buy Allergan, which makes Botox. ABC News/The Associated Press (2/22), Bloomberg (2/22)
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New antibiotic development is slow in U.S., study finds
A study in Clinical Infectious Diseases found only two antibiotic medications were approved between 2008 and 2012, compared with 16 between 1983 and 1987, raising concerns about the ability to treat drug-resistant infections. Bacterial infections with no effective treatments cause 23,000 deaths each year in the U.S. Bloomberg (2/19)
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MedImmune partners with NIST to research drug-development tools
AstraZeneca's MedImmune unit signed a five-year deal with the National Institute of Standards and Technology to research tools that can be used to develop new drugs or improve the efficacy of existing treatments. The deal will center on biopharmaceuticals. Research funding for the initial year of the collaboration will be provided by MedImmune. American City Business Journals/Washington, D.C./BizBeat Blog (2/20)
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Global
Takeda signs GI-drug-development pact with U.K. university
Takeda Pharmaceutical and Queen Mary University of London agreed to collaborate in the research and development of new drugs for gastrointestinal disorders. Gastrointestinal sensory and motor mechanisms related to motility and functional bowel disorders will be the focus of the collaboration. Under the agreement, Takeda's GI drug discovery unit will work on several areas of research with neurogastroenterology and immunology experts from Queen Mary. Pharmaceutical Business Review Online (2/20)
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Report: Minimally invasive surgical tools market to reach $14.13B by 2019
A MarketsandMarkets report predicts the market for minimally invasive surgical instruments will grow to $14.13 billion by 2019. The report cited the lower cost of care from minimally invasive surgeries, the superiority of these procedures over conventional open surgeries and the growing number of surgeries among the elderly as major factors expected to drive growth. BeckersSpine.com (2/20)
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9th DIA Conference in Japan for Asian New Drug Development
DIA
Hear key thought leaders from Asia and around the world share their valuable experiences and insights as we convene the 9th DIA Conference in Japan for Asian New Drug Development on April 20-21 to ensure that medical needs are met in the era of globalized drug development. Special "hot topics" will include ICH E17 guidelines and new initiatives by Asian regulatory authorities to catalyze the creation of fresh ideas.
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Global Forum reports on risk-based monitoring
DIA
Stretching less into more has become a familiar clinical trial refrain. Your new Global Forum reports on risk-based monitoring, an emerging approach that delivers the most benefit to your trials through monitoring targeted to the areas of greatest risk and also focuses on conversations about delivering the right treatment to the right patient at the right time that will continue at our upcoming 27th Annual EuroMeeting and 8th Annual Clinical Forum in Paris. Enjoy the streamlined navigation and new functionality of this Special Open Access Issue. NO login required: Forward to share the DIA member experience with a friend!
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-- Richard Bach,
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