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| | FREE REPORT The Future of Biotech!
This comprehensive report into the future of our industry provides expert advice from some of the best minds in biotechnology. You'll see where our industry is headed and what you can do to prepare yourself for that future. Published by BioWorld Today. Click here now to download your FREE report. | |
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| Health Care in Transition |  |  |
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- Stimulus bill enacted with Obama's signature
President Barack Obama signed into law a $787 billion economic-stimulus bill that allocates at least $20 billion for health information technology and $10 billion for research programs under the NIH, including $1 billion for cancer research. The package also includes more than $1 billion for comparative-effectiveness research and about $1 billion for clinical and community-based prevention services. Modern Healthcare (free registration)
(2/17)        
- Commentary: Policy changes would help biotech sector
The biotech industry requires vital changes in government policies instead of a bailout, writes Stephanie Marrus, a life sciences management consultant. The government could help the sector by choosing a respected FDA leader and refraining from drug-price controls, Marrus writes. The Scientist online (free registration)
(2/17)        
- Exit of key official signals HHS secretary has been chosen
HHS Chief of Staff Mark Childress is expected to step down from his post, signaling that the Obama administration might have decided on a new leader for the agency. The timing of Childress' exit, along with other factors including a canceled meeting between Kansas Gov. Kathleen Sebelius and Kansas lawmakers, seem to indicate that Sebelius is the top contender for HHS chief, according to the RPM Report. Also being considered for the post are Tennessee Gov. Phil Bredesen and John Podesta, president of the Center for American Progress. TheRPMReport.com
(2/14)        
- Scientists link fetal stem cells to tumor development in Israeli boy
A teenage boy with ataxia telangiectasia -- a rare genetic disease marked by the degeneration of certain parts of the brain -- developed tumors in his brain and spinal cord after receiving injections of fetal stem cells, Israeli researchers reported. Using stem cells derived from different fetuses that were combined with growth-triggering compounds might have resulted in the abnormal formation of more than one cell, the lead scientist said. Yahoo!/The Associated Press
(2/17)        
- Study: Genetic test might help predict colorectal cancer metastasis
U.S. researchers found that a genetic test that looks for the guanylyl cyclase 2 C protein -- a biomarker found in lymph nodes linked to increased risk of colorectal cancer recurrence -- can spot hidden tumors that were missed by biopsies. The findings show that the test could help improve patient survival by allowing doctors to assess the progression of the disease, the scientists said. Yahoo!/Reuters
(2/17)        
 | It's no secret, biotech and pharmaceutical companies face security risks greater than those in other industries due to the value of their intellectual property. This FREE whitepaper examines the enormous cost of security breaches, the risks life sciences managers and executives introduce through common business practices, and misconceptions that jeopardize a company's most valuable assets. |
| Company & Financial News |  |  |
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- AstraZeneca, Cellartis extend partnership for stem cell technology
AstraZeneca extended its two-year deal with biotech firm Cellartis to develop safety-screening systems based on liver and heart muscle cells derived from human embryonic stem cells. "If we can successfully and reliably create a consistent supply of differentiated embryonic stem cells, we will be able to more accurately detect side effects for new drugs," an AstraZeneca official said. PharmaTimes (U.K.)
(2/17)        
- Pittsburgh business incubator invests $13.2M in startups
The Pittsburgh Life Sciences Greenhouse committed $13.2 million to help 57 startup biotech companies developing treatments for medical conditions including sleep apnea and dermatitis. Among the beneficiaries is Biomed Research & Technologies, which is developing an eczema treatment that regenerates lipids that diminish because of aging and diseases. Pittsburgh Tribune-Review
(2/18)        
| Food & Agriculture |  |  |
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- Officials: Monsanto begins trials of biotech corn in India
Monsanto officials said the company has begun field trials of its biotech corn in India, but it might take a few years before the seeds are ready to enter the market. Brian Uken, Monsanto's vice president for Asia Pacific, said the company is confident that it will secure approval for field tests of the crop in Indonesia, which is working to establish a bio-safety council. Reuters
(2/17)        
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| News from BIO |  |  |
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BIO introduces the One-on-One Services
BIO introduces its One-on-One Services, three networking tools to enhance your meetings productivity. BIO One-on-One Partnering is an interactive environment that allows you to intelligently search, contact and schedule private meetings with potential partners and investors at BIO meetings. The BIO One-on-One Forum provides ongoing access to news feeds and financial data about all the presenting companies -- before, during and after BIO conferences. BIO One-on-One Meeting Room Banks allow member companies to book rooms for private 30-minute meetings at major medical and industry conferences, at no cost.        
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