Spinifex Pharmaceuticals, which focuses on the development of new drugs for the treatment of chronic pain, has announced that it has agreed to the sale of Spinifex to Novartis International AG for an upfront cash consideration of US$200m, plus undisclosed clinical development and regulatory milestone payments.
Lorati, a Taiwan-based biotechnology and skincare company, today announced that it has successfully developed nano-medication, which can effectively inhibit HIV-1 viral replication.
Researchers from Bristol University in the UK have announced plans to begin testing artificial blood.
A new type of treatment, which could double the chances of survival for some patients suffering from the most common type of lung cancer, has been given Breakthrough Therapy Designation by the FDA.
A new device designed to detect the heartbeats has been used to rescue four men trapped under rubble following the recent earthquake in Nepal.
On Saturday, medical and pharmaceutical products manufacturer, Medline, hosted its ninth annual Medline Makes a Difference Day bringing together hundreds of employees, family members and friends who spent the day providing support to local charitable organisations.
For the past half century, everyone knew that there would come a day when that baby boomer population would become seniors with special needs. The fear was always what these needs would do to the economy, but there is a whole other side to the issue and that is what those needs could do for an economy.
Verticalization is increasingly becoming a successful business strategy for manufacturers says Larry Korak, industry strategy director, industrial manufacturing at software provider Infor.
US healthcare products giant Johnson & Johnson (J&J) has announced a partnership with Google to build new surgical robots.
Getting an injection at the doctor’s office does not rank highly on many people’s favourites lists, but thanks to 3M scientists’ the day is getting closer when patients may be receiving their prescription medications at home via microscopic needles.