These days, mandatory furloughs and staff cuts have employees in all industries nervously glancing over their shoulders. The pharmaceutical industry is no exception. Last week, Merck (Whitehouse Station, NJ) revealed plans to reduce its workforce by 15% by the end of 2012. Read more »
Handling the vast amount of data that can be generated from scientific research, including pharmaceutical research such as genome sequencing, can be a formidable task. Researchers may not be able to efficiently manage this task through the use of personal computers (PCs) alone, nor do they have access to supercomputers or other advanced information-technology (IT) systems. The emerging model of cloud computing, an advance in computational computing, seeks to address researchers’ difficulties by creating a community resource of computational and processing power accessible on demand through PCs. Last week Microsoft and the National Science Foundation (NSF) announced a partnership to increase access to cloud computing for NSF-supported researchers.
These days, research scientists, much like Rodney Dangerfield, can’t get any respect. The latest evidence of this arrived on Friday, when AstraZeneca (London) proposed to cut 3500 research and development (R&D) jobs by 2014. Read more »
The numbers are in, and it looks like 2009 produced a bumper crop of biopharmaceuticals. The US Food and Drug Administration approved a record 16 new biopharmaceutical entities last year, as opposed to 10 in 2008, according to a study by the Biotechnology Information Institute. Seven recombinant-protein or antibody products were approved last year, continuing an upward trend for these molecules. Great news, right? Read more »
Last week we saw more signs that pharmaceutical megamegers bode ill for New Jersey workers. Business Week reported that Pfizer (New York) planned to close six research and development (R&D) facilities—some of its own, and some of Wyeth’s (Madison, NJ). Many of the 400 employees at Wyeth’s research offices in Monmouth Junction, New Jersey, could be laid off. And last Wednesday, Richard Clark, CEO of Merck (Whitehouse Station, NJ), told attendees at a Goldman Sachs conference that research jobs at Schering-Plough’s (Kenilworth, NJ) headquarters could be eliminated to reduce costs. Read more »
Art imitates life, and sometimes drug-delivery mechanisms do, too. Scientists often draw inspiration from natural agents and the body’s processes when developing carriers for therapies. Synthetic red blood cells are a new product of this strategy that seems to raise new possibilities in drug delivery. Read more »
President Barack Obama last week launched a new initiative to improve the participation and performance of US students in science, technology, engineering, and mathematics (STEM). The project, called Educate to Innovate, will include efforts by the federal government, companies, foundations, nonprofits, and science and engineering societies in working with young people to encourage participation and achieve success in STEM. Read more »
In a speech last week to the City Club of San Diego, John Lechleiter, chairman and chief executive officer of Eli Lilly, offered very candid remarks about the state of innovation in the pharmaceutical industry, saying that the engine of biopharmaceutical innovation is “broken.” His comments may be a bitter pill to swallow in light of escalating investment in research and development (R&D), but his frankness may just be the remedy the industry needs to reinvent itself. Read more »
This week the California Institute for Regenerative Medicine (CIRM), which is the California state body responsible for stem-cell research funding, and two international partners in Canada and the United Kingdom, announced awards totaling $230 million to 14 research teams in California, Canada, and the UK to develop stem-cell-based therapies for 11 diseases. The funding, in the form of four-year grants, marks the first CIRM funding that is explicitly expected to result in filings with the US Food and Drug Administration for initial human clinical testing of therapies based on stem-cell research, according to a CIRM press release. Read more »
The pace of progress in stem-cell research seems to be quickening, and the field’s future looks promising. Last week, a team at the Harvard Stem Cell Institute found what looks like a revolutionary way to create stem cells that could be safe enough to use as treatments in humans. Read more »
From PharmTech.com