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11:45 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

Gyroscope-led consortium gets UK funding for cost-effective manufacture of AAV gene therapies

A consortium led by retinal gene therapy company Gyroscope Therapeutics Ltd. (Stevenage, U.K.) received a two-year, £1.1 million ($1.4 million) award from Innovate UK to develop a manufacturing platform for production of adeno-associated virus (AAV)...
10:57 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

DeepMind's healthcare team joins Google

The DeepMind Technologies subsidiary of Alphabet Inc. (NASDAQ:GOOG) is merging its health team into Google Inc. following Google's announcement that David Feinberg will be joining the tech company to organize its healthcare efforts. Feinberg is...
10:50 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

Google Brings Geisinger CEO on Board to Focus on Healthcare

Beyond a quick mention of Verily Life Sciences LLC and AI, Google Inc. is saying little about what it plans to do with its healthcare initiatives now that David Feinberg is leaving Geisinger Health System...
9:38 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

Samsung BioLogics trading suspended after accounting violations

Korea’s Securities and Futures Commission (SFC) temporarily suspended trading of Samsung BioLogics Co. Ltd. (KSE:207940) for violating accounting rules. The commission also recommended an W8 billion ($7 million) fine and the dismissal of Samsung BioLogics'...
9:38 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

bioMérieux grows China footprint with majority stake in Hybiome

Increasing its presence in China and the immunoassay market, France’s bioMérieux S.A. (Euronext:BIM) acquired a majority stake in fellow diagnostics company Suzhou Hybiome Biomedical Engineering Co. Ltd. (Suzhou, China). bioMérieux said it acquired 54% of...
8:10 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

U.K. Supreme Court deals Pfizer setback in Lyrica case

A U.K. Supreme Court decision will likely make it more difficult for branded drugmakers to protect the exclusivity of their products within related indications with its Nov. 14 decision that invalidated second medical use patent...
8:05 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

California sues AbbVie over alleged Humira kickbacks

California Insurance Commissioner Dave Jones filed a lawsuit Sept. 18 accusing AbbVie Inc. (NYSE:ABBV) of "systematically and repeatedly" violating the Insurance Frauds Prevention Act by providing kickbacks to healthcare providers throughout California. According to the...
7:54 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

U.K. Parliament issues ultimatum to Vertex, NHS, NICE

In a last ditch effort to bring to a close a years-long fight over access to cystic fibrosis drugs in the U.K., a Parliament committee said it would release on Nov. 30 documents it has...
7:53 AM, Nov 16, 2018  |  BC Week In Review | Company News  |  Other News

CFIUS pilot launch marks steps into biotech territory

Biotech could soon be getting more attention from the Committee of Foreign Investment in the United States as the Treasury Department's CFIUS pilot program went into effect over the weekend. "Biotech is still relatively new to...
1:02 PM, Nov 09, 2018  |  BC Week In Review | Company News  |  Other News

NIH's BRAIN Initiative adds $220M in new awards

NIH said its Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative will fund more than 200 new awards totalling over $220 million. The awards will go to researchers investigating new tools and techniques to image...

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