News

TheraGenetics progresses gene-based diagnostic tests

TheraGenetics Ltd, a spinout from the Institute of Psychiatry at King's College in London in April 2006, hopes to have its gene-based diagnostic tests ready in about two years, its chief executive, Richard Kivel, said.

Roller coaster ride on the stock market for GPC Biotech

Shares of GPC Biotech AG have begun to recover after the company announced that it was withdrawing its New Drug Application (NDA) with the US Food and Drug Administration (FDA) for accelerated approval of its cancer-drug candidate, satraplatin.

UK parliamentarians support use of hybrid embryos for research

A joint committee of the UK Parliament is supporting the creation and use of hybrid, human-animal embryos for research provided they are destroyed within 14 days after fertilisation and they are not implanted in a womb, according to the committee’s chairman, Phil Willis, the Liberal Democrat MP for Harrogate and Knaresborough.

Small companies qualify for reduced regulatory fees

Over the past 19 months, some 272 small enterprises have approached the European Medicines Agency (EMEA) to ask for assistance in carrying out their development and registration programmes, according to new figures from the agency.

Germany to increase funding for life sciences

Germany’s Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung) has disclosed that it will make more than €400 million available for grants to the life sciences in 2008, representing an increase of €46 million or 13% from its budget for 2007.