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Biotech News

Biotech news continually updated from thousands of sources around the net.

2 hrs ago | SiliconValley.com

Twitter rallying with Amgen takes sting out of fed warning

Twitter and Amgen extended rallies in social media and biotechnology stocks since the U.S. central bank said two weeks ago that industry valuations are stretched.

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Related Topix: Twitter, Science / Technology, Financial Markets, San Francisco County, CA, San Francisco, CA, Social Software

6 hrs ago | Business Journal

Theraclone Sciences makes deal with Gilead

Theraclone Sciences Inc. of Seattle said it's made a deal with Gilead Sciences Inc. that will allow the California company to develop and commercialize Theraclone's neutralizing HIV-antibodies for therapeutic applications in HIV.

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Related Topix: Medicine, Gilead Sciences, Healthcare Industry, Theraclone Sciences

Wed Jul 30, 2014

News Observer

Illinois Medicaid restricts use of hepatitis drug

After spending an estimated $16 million this fiscal year on Sovaldi, which holds promise for a cure for the liver-damaging disease, the state agency headed by Julie Hamos approved the restrictions July 10. The rules limit the drug to sicker patients and bar it for anyone with a history of drug or alcohol abuse within the past year.

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Related Topix: Medicaid, Health, Illinois, Illinois Government, Hepatitis, Medicine, Alcoholism, Northwestern University, Gilead Sciences, Healthcare Industry

NewsOK.com

J&J withdraws fibroid treatment device from market

You now have an easier online way to manage your Home Delivery subscription for The Oklahoman .

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Related Topix: Food, J and J Snack Foods, Oklahoma, Johnson and Johnson, Medicine, Healthcare Industry

Reuters

S&P 500 nearly flat as investors digest Fed statement

The S&P 500 was near flat on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is in no hurry to raise interest rates.

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Related Topix: Science / Technology, Financial Markets

KCCI-TV Des Moines

Peace Corps removes workers over Ebola threat

Humanitarian agencies working in west Africa on Wednesday stepped up their precautions against the Ebola virus, with the Peace Corps announcing it was removing hundreds of its volunteers from three of the hardest-hit nations.

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Related Topix: Travel, Africa, Nigeria Travel, South Africa Travel, Nigeria Travel, Africa, South Africa Travel, Africa, Mali Travel, Africa Travel, Mali Travel, Centers for Disease Control and Prevention, Medicine, Healthcare Industry, Nursing

R & D

Dissolvable fabric loaded with medicine might offer protection against HIV

Univ. of Washington bioengineers have discovered a potentially faster way to deliver a topical drug that protects women from contracting HIV.

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Related Topix: Science / Technology

CFRA

CDC's dire forecast: Weather causes 2,000 deaths a year in US with nearly two-thirds from cold

In this Dec. 6, 2013 file photo, Sarah Davis, left, puts on earmuffs over her hat as John Davis, right, burrows under some blankets, as they try to keep warm in their tent at a homeless encampment in Oklahoma City.

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Related Topix: Centers for Disease Control and Prevention, Medicine, Healthcare Industry, Control Group

Reuters

Sanofi, Regeneron drug cuts cholesterol in nine late-stage trials

A new drug being developed by French drugmaker Sanofi and U.S. partner Regeneron cut "bad" LDL cholesterol more than placebo and existing treatments in nine late-stage clinical trials, the companies said on Wednesday.

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Related Topix: Medicine, Cholesterol, Health, Amgen, Healthcare Industry

JD Journal

Lawyer Shane Albright Carries Life Sciences Portfolio to DLA Piper

DLA Piper announced today that Shane Albright has joined the firm's Corporate and Finance practice as a partner in the Silicon Valley office.

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Related Topix: Berkeley, CA, UC Berkeley, Startups, Stanford University, Science / Technology

Tue Jul 29, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Sales for the second quarter of ... )--General Cable Corporation , announced today that its Board of Directors appointed Mr. Ned Hall to serve as an independent director of the Company ... )--Wellesley Bancorp, Inc. , the holding company for Wellesley Bank reported net income of $431 thousand an... )--The traditional subsidy model for wireless ... (more)

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Related Topix: Manufacturing, Industrial Machines, Watts Industries, Bay State Gas, Energy, Real Estate, Cousins Properties, Medicine, Household Products, USANA Health Sciences, Healthcare Industry, Insurance, RenaissanceRe Holdings

LongmontFYI

Amgen closing Longmont, Boulder facilities that employ 430

Biotechnology firm Amgen announced Tuesday that it plans to close its facilities in Colorado and Washington by the end of next year, resulting in the loss of approximately 430 jobs in Boulder County.

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Related Topix: Medicine, Amgen, Healthcare Industry, Longmont, CO, Boulder, CO, Boulder County, CO

Inside Bay Area

South San Francisco: Biotech drugmaker Amgen laying off at least...

Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported very strong second-quarter results that trounced Wall Street expectations.

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Related Topix: Medicine, Amgen, Healthcare Industry, San Mateo County, CA, San Francisco County, CA, San Francisco, CA, South San Francisco, CA

The Indian Express

Ranbaxy Laboratories quarterly net loss narrows to Rs 185.92 cr

Drug firm Ranbaxy Laboratories today reported consolidated net loss of Rs 185.92 crore for the quarter ended June 30, 2014.

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Related Topix: Ranbaxy Laboratories, Healthcare Industry, Food and Drug Administration

Merced Sun-Star

Liberians in US worry about Ebola outbreak

The potentially Ebola-related death last week of a Liberian government official whose wife and children live in Minnesota has heightened concerns and inspired a fundraising drive to send medical supplies to Liberia.

Comment?

Related Topix: Liberia, World News, Africa, Minnesota Government, Minnesota, Centers for Disease Control and Prevention, Medicine, Healthcare Industry

ABC News

Liberians in US Worry About Ebola Outbreak

An outbreak of Ebola in West Africa may seem like a distant threat to many Americans, but it is causing some to cancel travel plans and stirring fear in Minnesota, which has the largest Liberian immigrant population in the United States.

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Related Topix: Minnesota Government, Minnesota, Centers for Disease Control and Prevention, Medicine, Healthcare Industry

Brandon Sun

Drugmaker Pfizer's 2nd quarter profit sinks 79 per cent but still beats analyst expectations

Pfizer's second-quarter earnings plunged 79 per cent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion.

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Related Topix: Pfizer, Healthcare Industry, Erectile Dysfunction, Lipitor, Atorvastatin (generic)

The Winnipeg Free Press

Merck second-quarter profit more than doubles, tops forecast

A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double its second-quarter profit, raise the lower end of its profit forecast and easily top analysts' expectations.

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Related Topix: Merck , Medicine, Healthcare Industry, Zetia, Ezetimibe (generic), Whitehouse Station, NJ

The Miami Herald

Merck 2Q profit more than doubles

In this Thursday, Feb. 28, 2013 photo, Merck scientist Pascale Nantermet conducts research to discover new HIV drugs in West Point, Pa.

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Related Topix: Merck , Medicine, Healthcare Industry, Whitehouse Station, NJ

Ledger-Enquirer.com

Pfizer's 2Q profit sinks 79 pct but tops forecasts

The New York company said Tuesday it earned $2.91 billion, or 45 cents per share, in the quarter.

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Related Topix: Pfizer, Healthcare Industry

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