Archives for July 27, 2005

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R&D spending per NME declines

According to a recent survey, the pharma industry spent an estimated $1.25 billion for each new molecular entity (NME) approved by the FDA in 2004. The figure represents the second consecutive year in which this figure has declined from the high of...

IMA looks to China as Western markets fail to pick up

Italian processing machinery company IMA Group has decided to increase its investment in a Chinese joint venture to tap into a growth market at a time when its established territories in the West are showing lacklustre growth, reports Phil Taylor.

MIT engineers anti-cancer smart bomb

Scientists have developed a nanoparticle that can penetrate a tumour, cut off its blood supply and release a lethal dose of anti-cancer toxins, while leaving healthy cells unscathed.