Archives for October 5, 2004

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Parallel processor opens up genomics data

Fujitsu Laboratories has reported a successful experiment using its BioServer, designed to overcome one of the primary obstacles to drug discovery - taking the huge amount of data coming from genomics efforts and applying it to the design of new drugs.

Biotech's Q3 fundraising brings total to $20 billion

The biotech industry managed to raise almost $6 billion during the third quarter bringing the total raised this year to $20 billion (€16.2 billion), an increase of $3.2 billion from this time last year, reflecting the growing confidence in the biotech...

New enzyme theory rewrites catalysis

Scientists have reworked the mechanism of how enzymes work, forcing the pharmaceutical industry to rethink its views on the design of biological catalysts and new drugs.

BASF threatens transfer of plant research abroad

BASF has threatened to relocate research into 'green genetic engineering' to other countries if German law continues to restrict R&D into plant biotechnology, with applications as diverse as crop biomanufacturing of proteins and GM foods.

BD puts Clontech on the block

Becton Dickinson is planning to sell of its Clontech molecular biology business, five years after purchasing it for $200 million.

Euro pharma 'needs strong science base'

Franz Humer, president of the European Federation of Pharmaceutical Industries and Associations and chief executive of Roche, has issued a plea for a concerted effort at improving Europe's science base at the European Parliament.

EU emissions scheme effectiveness questioned

From the 1st January 2005, industrial carbon dioxide (CO2) emissions will come under regulation through the introduction of the EU Emissions Trading Scheme (EU ETS).

Pharmaplaz plays good Samaritan in drug deal

Drug maker Samaritan Pharmaceuticals, has entered into a collaboration with Pharmaplaz to produce and supply Samiritan's lead compound and pipeline of drugs that includes treatments for AIDS, Alzheimer's, cancer and cardiovascular disease.

Revolutionary approach hails improved cancer treatment

Cancer treatment to kill tumours could be made more effective by a revolutionary approach to angiogenesis which takes the unusual approach of opening up the tumour blood supply allowing better access for cancer drugs and more effective radiotherapy.

cGMP revamp reaches conclusion in US

The US Food and Drug Administration will start using a risk-based approach for prioritising site inspections for certain pharmaceutical products, the agency has announced in a final report on its current good manufacturing practice (cGMP) initiative.