Icahn Tries to Replace 4 Directors at Genzyme – New York Times (blog)
By Dr. Matthew Watson
Reuters | Icahn Tries to Replace 4 Directors at Genzyme New York Times (blog) Genzyme, one of the nation's oldest and largest biotechnology companies, has been struggling to assuage investors unhappy over manufacturing problems that ... Icahn turns up the heat on GenzymeBoston Globe Special Report: Inside the battle for Genzyme's futureReuters Special Report: Inside the Battle for Genzyme's FutureABC News |
Gore highlights biotechnology’s role in improving environment, addressing … – istockAnalyst.com (press release)
By Dr. Matthew Watson
Earthtimes (press release) | Gore highlights biotechnology's role in improving environment, addressing ... istockAnalyst.com (press release) CHICAGO, May 5, 2010 (Xinhua News Agency) -- Former US vice president and climate change activist Al Gore said on Wednesday that biotechnology should play a ... Al Gore Addresses Biotechnology Convention in ChicagoChicago Public Radio Brazilian Biotechnology Present at BIO 2010 Is Looking for the Worldwide MarketPR Newswire (press release) Economic uncertainties hurting biotechChicago Tribune MarketWatch (press release) -Baltimore Sun (blog) -Earthtimes (press release) all 264 news articles » |
Google to Invest in Regenerative Medicine
By Dr. Matthew Watson
While the US government prints money to shore up failing and broken business models which no one likes but are considered simply too big (not too important or significant or even useful) to fail, Google is making money and investing it in start ups who expect nothing less than to create "disruptive, even world-changing technologies".
No suggestion here that GOOG is being altruistic, just that this is the way the new entrepreneur and investor class thinks. Opportunity and money are to be found in technologies that improve the way we live, work, play, eat, and think... and perhaps even improve the world.
To Google Ventures this has already meant wind farms, carbon emission reduction systems, green vehicles, and medical cures. To former Microsoft chief scientist Nathan Myhrvold and his high-level think tank, Intellectual Ventures, this means creating TerraPower - a company intending to revolutionize the nuclear power by developing reactors run on waste uranium - and also actively looking at regenerative medicine technologies.
Having formed the fund a little over a year ago, Google is only now starting to make a splash with the fund. Officially the fund has no specific industry focus saying on the Google Ventures website FAQ:
We are interested in a wide range of industries, including (but not limited to) consumer Internet, software, hardware, clean-tech, biotech, health care and others. First and foremost, we're looking for entrepreneurs who are tackling problems in creative and innovative ways, with the potential for significant financial return.
Unofficially and yet not so quietly, Google has named a few broad areas of interest. An article in Monday's New York Times quoted Google Ventures' managing partner, Bill Maris as saying that while they were not going to name particular investment themes, a few broad ares of interest include:
regenerative medicine, bioinformatics, cloud storage, companies that use large data sets, online monetization and mobile.
There it is. Regenerative medicine right there front and center.
In typical Google tradition, Maris, who looks all of 30 years old on the website, has a successfull and multidisciplinary track record. He was involved in founding Web hosting pioneer Burlee.com (now part of Web.com), where he built much of the key computing, network and technological infrastructure.Prior to that, Bill was a biotechnology and healthcare portfolio manager for Stockholm, Sweden-based Investor AB. Bill’s background also includes research at the Duke University Medical Center, Department of Neurobiology.
Google Ventures is said to be aiming at investing about $100 million a year. Any portion of that for regenerative medicine is more than welcome.
While traditional VC money remains reticent to back RM in any signifant way, Google's move confirms a trend we've been seeing and talking about at the Cell Therapy Group for the past 12 months or so. The multinational lifescience, biopharmaceutical, and healthcare companies along with strategic investors all now have regenerative medicine on their radar. They are all quietly and not-so quietly developing internal and external regenerative medicine strategies.
Please join us in welcoming regenerative medicine to the radar screen. It's bound to be an exciting ride ahead.
InterMune, Myriad, News Corp., XL Capital: US Equity Preview – BusinessWeek
By Dr. Matthew Watson
RTT News | InterMune, Myriad, News Corp., XL Capital: US Equity Preview BusinessWeek May 5 (Bloomberg) -- Shares of the following companies may have unusual moves in US trading. Stock symbols are in parentheses. ... US HOT STOCKS: Intermune, Myriad Genetics Drop In Late TradingWall Street Journal Myriad Genetics Reports Financial Results for Fiscal 2010 Third QuarterMarketWatch (press release) Salt Lake's Myriad Genetics' shares decline on cuts in 2010 revenue forecastSalt Lake Tribune Reuters -Learning Markets -Benzinga all 38 news articles » |
Biotech-center director sees big step ahead – Winston-Salem Journal
By Dr. Matthew Watson
Triad Business Journal | Biotech-center director sees big step ahead Winston-Salem Journal Nancy Johnston says she believes that the Triad's biotechnology sector is on the cusp of taking a major step forward in ... Johnston to lead biotech centerWinston-Salem Journal Biotech Center picks marketing executive to lead Piedmont Triad officeLocal Tech Wire (blog) |
2010 BIO International Convention opens in Chicago – Xinhua
By Dr. Matthew Watson
Xinhua | 2010 BIO International Convention opens in Chicago Xinhua CHICAGO, May 4 (Xinhua) -- 2010 BIO (Biotechnology Industry Organization) International Convention, the world's largest gathering of the global biotech ... BioCurex, Inc. Executive Chairman Denis Burger to Present at the Renowned BIO ...MarketWatch (press release) Patrick cancels BIO visit amid water crisisBizjournals.com Biotech industry provides almost 25000 jobs in state, report saysMadison.com Kaiser Health News -Mass High Tech -india-server.com all 129 news articles » |
Patent Applications Backed Up: So Are New Jobs – Inventorspot
By Dr. Matthew Watson
Patently-O | Patent Applications Backed Up: So Are New Jobs Inventorspot Patents created jobs during the Industrial Revolution and patents need to continue to create jobs in the digital and biotechnology age. ... Backlog of patents still stifling potential jobs, director saysMilwaukee Journal Sentinel Stem Cell Patents Under FireGoozNew (blog) Kappos Talks Patent Reform and Gene Patents at BIO ConventionIPWatchdog.com |
Governor Martin O’Malley Named BIO Governor of the Year – Citybizlist (press release)
By Dr. Matthew Watson
Crain's Chicago Business | Governor Martin O'Malley Named BIO Governor of the Year Citybizlist (press release) BALTIMORE, MD (May 3, 2010) - Recognized for his outstanding leadership in growing and promoting Maryland's biotechnology industry, Governor Martin O'Malley ... Author : Biotechnology Industry OrganizationEarthtimes (press release) Latest biotech industry report shows Wisconsin gaining jobsWTN News Wisconsin biotech industry growsThe Business Journal Minneapolis Star Tribune -PR Newswire (press release) -ThomasNet Industrial News Room (press release) all 71 news articles » |
researchers awarded $4 million in grants from state stem cell agency – UC Los Angeles
By Dr. Matthew Watson
Times Online | researchers awarded $4 million in grants from state stem cell agency UC Los Angeles ... an associate professor of microbiology, immunology and molecular genetics, who was awarded $1.37 million and whose grant received the highest score; ... UCI Basic Research On Stem Cells Funded By CaliforniaMedical News Today (press release) |
Health care reform bill dooms America to Pharma-dominated sickness and suffering
By Dr. Matthew Watson
Today the medical mafia struck another devastating blow to the health and freedom of all Americans. With the support of an inarguably corrupt Congress that has simply abandoned the real needs of the American people, the sick-care industry has locked in a high-profit scheme of disease and monopoly-priced pharmaceuticals in a nation that can ill afford either one.
And this Pharma-funded betrayal, it turns out, was led by the Democrats. Passed on a 219-212 vote that was only accomplished thanks to closed-door, last-minute secret meetings among the last holdouts, this new legislation puts America under the stranglehold of the medical mafia while doing absolutely nothing to address real health care reform. There is no mention in the bill Read more...
Court hears arguments today on genetic engineering of crops – SuburbanJournals
By Dr. Matthew Watson
AFP | Court hears arguments today on genetic engineering of crops SuburbanJournals WASHINGTON -- The US Supreme Court today will hear oral arguments in a case involving Monsanto Co., the high court's first case dealing with genetically ... Court hears arguments today on genetic engineering of cropsTrading Markets (press release) Supreme Court hearing on GMO AlfalfaBiofortified (blog) Both Sides Optimistic After US Supreme Court HearingMichigan Farmer |
Dendreon leads drug stocks higher – MarketWatch
By Dr. Matthew Watson
Artuji | Dendreon leads drug stocks higher MarketWatch The NYSE Arca Pharmaceutical Index (INDEX:DRG) edged up 0.4% at 299.09 and the NYSE Arca Biotechnology Index (INDEX:BTK) rose 0.7% to 1227.88. Dendreon's Clean Bill Of HealthForbes Major turnaround for Dendreon as US FDA approves Provenge for advanced ...The Pharma Letter Dendreon Shares Pop On Provenge ApprovalDaily Markets Orange County Business Journal -Puget Sound Business Journal -Comtex Smartrend all 976 news articles » |
More about presentations at AACR10
By Dr. Matthew Watson
Five presentations at the 101th annual meeting of the American Association of Cancer Research were highlighted a news release from Geron Corporation (dated March 3, 2010). One presentation that had an explicit focus on CSC was this poster:
Imetelstat, a telomerase inhibitor in phase I trials in solid tumor and hematological malignancies, has broad activity against multiple types of cancer stem cells [Presentation Abstract].
Also mentioned in the news release was an oral presentation by Jerry W Shay, given as part of the Major Symposium entitled: Role of Telomeres and Telomerase in Chromosomal Stability and Disease [Session Detail]. The presentation was:
Role of telomerase in normal and neoplastic stem cells [Presentation Abstract].
Another poster about the telomerase inhibitor imetelstat (GRN163L) was:
Sensitivity and resistance of non-small cell lung cancer to the telomerase inhibitor imetelstat [Presentation Abstract].
Comments: A search of the ClinicalTrials.gov database for GRN163L revealed 6 trials. Four were ongoing, but not recruiting participants. Two were still recruiting: 1) Safety and Dose Study of GRN163L Administered to Patients With Refractory or Relapsed Solid Tumor Malignancies; 2) A Study of GRN163L With Paclitaxel and Bevacizumab to Treat Patients With Locally Recurrent Or Metastatic Breast Cancer.
An analogous search for imetelstat yielded the same 6 trials. All 6 trials have been sponsored by Geron Corporation.
Dendreon’s Clean Bill Of Health – Forbes
By Dr. Matthew Watson
Santa Barbara Independent | Dendreon's Clean Bill Of Health Forbes One of the most controversial biotechnology companies of the past decade is poised to become one of the most successful. The Food and Drug Administration ... FDA approves country's first cancer treatment vaccineSeattle Times FDA Approves Drug for Company with Seal Beach PlantOrange County Business Journal Business Journal Live on the Eastside with Dendreon Chief Dr. Mitchell GoldPuget Sound Business Journal Comtex Smartrend -Reuters -Santa Barbara Independent all 695 news articles » |
Latest Cell Therapy Approval by FDA. Dendreon’s Provenge.
By Dr. Matthew Watson
It has been a long-time coming. It has been hyped and scoffed, bet against and hoped for, but now none of that matters. It's here. Dendreon has brought Provenge to market. Here, in the word's of the FDA...
For Immediate Release: April 29, 2010
FDA Approves a Cellular Immunotherapy for Men with Advanced Prostate Cancer
The U.S. Food and Drug Administration today approved Provenge (sipuleucel-T), a new therapy for certain men with advanced prostate cancer that uses their own immune system to fight the disease.
Provenge is indicated for the treatment of asymptomatic or minimally symptomatic prostate cancer that has spread to other parts of the body and is resistant to standard hormone treatment.
Prostate cancer is the second most common type of cancer among men in the United States, behind skin cancer, and usually occurs in older men. In 2009, an estimated 192,000 new cases of prostate cancer were diagnosed and about 27,000 men died from the disease, according to the National Cancer Institute.
“The availability of Provenge provides a new treatment option for men with advanced prostate cancer, who currently have limited effective therapies available,” said Karen Midthun, M.D., acting director of the FDA’s Center for Biologics Evaluation and Research.
Provenge is an autologous cellular immunotherapy, designed to stimulate a patient’s own immune system to respond against the cancer. Each dose of Provenge is manufactured by obtaining a patient’s immune cells from the blood, using a machine in a process known as leukapheresis. To enhance their response against the cancer, the immune cells are then exposed to a protein that is found in most prostate cancers, linked to an immune stimulating substance. After this process, the patient’s own cells are returned to the patient to treat the prostate cancer. Provenge is administered intravenously in a three-dose schedule given at about two-week intervals.
The effectiveness of Provenge was studied in 512 patients with metastatic hormone treatment refractory prostate cancer in a randomized, double-blind, placebo-controlled, multicenter trial, which showed an increase in overall survival of 4.1 months. The median survival for patients receiving Provenge treatments was 25.8 months, as compared to 21.7 months for those who did not receive the treatment.
Almost all of the patients who received Provenge had some type of adverse reaction. Common adverse reactions reported included chills, fatigue, fever, back pain, nausea, joint ache and headache. The majority of adverse reactions were mild or moderate in severity. Serious adverse reactions, reported in approximately one quarter of the patients receiving Provenge, included some acute infusion reactions and stroke. Cerebrovascular events, including hemorrhagic and ischemic strokes, were observed in 3.5 percent of patients in the Provenge group compared with 2.6 percent of patients in the control group.
Provenge is manufactured by Seattle-based Dendreon Corp.
Malaysia To Showcase Bio-Xcell, Biotech Advantages At BIO Chicago – Bernama
By Dr. Matthew Watson
Earthtimes (press release) | Malaysia To Showcase Bio-Xcell, Biotech Advantages At BIO Chicago Bernama The 70-member delegation, with extensive biotechnology background, will "rub shoulders" with Who's Who in the biotechnology industry to convince them on the ... Tennessee Biotechnology Association Announces Speaker Lineup for BIO ...Earthtimes (press release) Baxter Welcomes BIO 2010 International Convention to ChicagoMarketWatch (press release) 2010 BIO International Convention Exhibitor ProfilesBusiness Wire (press release) PR Newswire (press release) -Bradenton Herald all 132 news articles » |
BioCryst rallies on gout study; indices diverge – MarketWatch
By Dr. Matthew Watson
HealthNewsDigest.com | BioCryst rallies on gout study; indices diverge MarketWatch The NYSE Arca Pharmaceutical Index (INDEX:DRG) was down marginally at 293.68 while the NYSE Arca Biotechnology Index (INDEX:BTK) rose 0.6% to 1178.34. BioCryst Reports Positive Results from Part One of Its Phase 2a Study of ...MarketWatch (press release) BioCryst says gout drug shows positive resultsReuters |
Biotech Firms Seek Speedier Reviews of Seeds – Truth about Trade & Technology
By Dr. Matthew Watson
France24 | Biotech Firms Seek Speedier Reviews of Seeds Truth about Trade & Technology The crop-biotechnology industry, growing frustrated as it watches the approval time for new seeds almost double under the Obama ... Hear Ye, Hear Ye. Judging BiotechnologyCattleNetwork.com Both Sides Optimistic After US Supreme Court HearingMichigan Farmer Supreme Court Hears Case on GM Alfalfa BanThe Epoch Times Iowa Independent -PR Newswire (press release) all 238 news articles » |
Charles River Buys Chinese Drug Research Firm – New York Times
By Dr. Matthew Watson
Boston Globe | Charles River Buys Chinese Drug Research Firm New York Times The merger reflects the shifting dynamics of the global pharmaceutical and biotechnology industries. Because a major new drug now takes 10 to 15 years and ... Charles River to buy WuXi for $1.6bBoston Globe Merger: American firm buys Chinese pharma companyBusiness Review USA Charles River buys WuXi PharmaTech in $1.6 billion dealFinanceAsia theasset.com -Mass High Tech -MarketWatch (press release) all 352 news articles » |
Stem cells for a Webby!
By Dr. Matthew Watson
I know I haven't been a very good blogger for quite some time but I wanted to pass on a letter I just received from my friend James Price as a Charter member of the Canadian Stem Cell Foundation. They're going for a Webby award. You don't have to be Canadian to support their cause - you just have to:
- believe in the power of interactive, online network-based activism,
- support the potential of stem cells to change people's lives, and
- wanna have a little fun raising awareness for our otherwise-sometimes-stodgy-science!
Go vote - it's good for you and the world! (WARNING: you might find out some things about some pretty cool stuff nominated in the other categories while you're there).
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