Archive for 2003

Analyzing Brand-name and Generic Drug Costs in the U.S. and Eight Other Countries

Analyzing Brand-name and Generic Drug Costs in the U.S. and Eight Other Countries A new Wharton study comparing average prices for pharmaceuticals in nine countries � the United States, Canada, Chile, France, Germany, Italy, Japan, Mexico and the United Kingdom � shows that average prices are highest in Japan, while prices in other countries are […]


Gene Tests? Not So Fast

Gene Tests? Not So Fast The U.S. Food and Drug Administration Monday released draft guidelines regarding how genetic data could be used in new drug applications. Eventually, gene tests could predict exactly which patients might benefit from a particular drug. But this revolution will come slowly. The most telling words in the FDA’s guidance may […]


States flock to biotech like gamblers to lottery tickets

States flock to biotech like gamblers to lottery tickets Florida lawmakers last month approved a $310 million biotech research center proposed by Gov. Jeb Bush just three months ago. New York launched a media campaign in September to woo more biotech investors. In the past two years, New Mexico, Kentucky and Arkansas started venture-capital funds […]


In Initial Finding, FDA Calls Cloned Animals Safe as Food

In Initial Finding, FDA Calls Cloned Animals Safe as Food Milk and meat from cloned animals are safe to consume, the Food and Drug Administration has tentatively concluded, a finding that could eventually clear the way for such products to reach supermarket shelves and for cloning to be widely used to breed livestock.


The next big thing is…

The next big thing is… According to the most recent MoneyTree Survey, a report put together by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association, which tracks venture capital investments, biotech and medical equipment firms are really the next big thing … Although overall VC funding in the third quarter dipped 8 percent […]