Archives for August 3, 2014

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US Senate bill to offer CROs a share of R&D tax credit

By Zachary Brennan

Sen. Tom Carper (D-Del.) introduced a bill last week that aims to further incentivize research in the US and allows CROs (contract research organizations) to capture a share of the R&D tax credit when research is outsourced. 

Quintiles sees strong demand from large pharma

By Zachary Brennan

Quintiles CEO Tom Pike told investors last week that the company is seeing “very strong demand from the larger pharmaceutical firms because their pipelines are full right now,” and at the same time, small biotech, with their plethora of funding, are...

NIH looks to crowdsource and repurpose older drugs

By Anthony King

This summer, the National Institutes of Health (NIH) announced another funding opportunity for experimental drugs proven safe but sitting on the shelves of pharmaceutical companies.  The NIH-sponsored effort is based on a crowdsourcing strategy to...