We recently wrote about the continued, costly failure of Alzheimer’s disease drugs, often occurring in Phase 3 clinical development. Of 244 compounds tested from 2002 to 2012, only one gained approval. Today there are four compounds on the market for Alzheimer’s disease (of six total approved since research began), all aimed at treating symptoms rather...
— Robert J. Easton, Co-Chairman, Bionest Partners During the annual January gathering of the biopharma world in San Francisco this year, in-coming President Donald J. Trump put drug developers on notice and sent pharmaceutical and biotechnology stock prices plunging by accusing the industry of “getting away with murder” with respect to drug pricing. ...
On November 28, the U.S. Food and Drug Administration granted Priority Review to Merck’s Supplemental Biologics License Application (sBLA) for KEYTRUDA® (pembrolizumab) in the new indication of microsatellite instability-high (MSI-H) cancer. MSI-H is a biomarker caused by a deficiency in a cell’s ability to repair errors in DNA sequences that occur during cell division. The...
On December 13, President Barack Obama signed the 21st Century Cures Act. The landmark bi-partisan health and science bill, which passed the U.S. Senate by a vote of 94 to 5, provides $6.3 billion in funding over 10 years, including $4.8 billion to the National Institutes of Health in support of such programs as...
On September 17, Vice President Joe Biden released his final report on the Cancer Moonshot before leaving office. He announced progress on over 20 programs now underway during the effort’s first year or soon to be launched, and another two dozen for the second year of the effort and beyond. Back in September we...
The theme of patient centricity and care that we discussed at this year’s ASCO continued this autumn at ESMO 2016. The tagline of the conference was ‘From disease treatment to patient care,’ which according to the organizers, “intended to capture and integrate clinical research with patient needs, and reinforces our commitment to bring the best...
On September 21, Facebook CEO and billionaire, Mark Zuckerberg, and his pediatrician wife, Dr. Priscilla Chan, announced a new, privately funded big science effort. The couple pledged more than $3 billion toward a plan to “cure, prevent or manage all disease within our children’s lifetime.” The couple has pledged to donate over $3 billion...
On July 20, a team of neuroscience researchers from Washington University in St. Louis, Missouri and other centers published a precise new brain map in Nature — an outcome of the White House BRAIN (Brain Research through Advancing Innovative Neurotechnologies) initiative, first announced in 2013. The new map draws in part on the brain’s internal...
The Bionest Oncology team spent a jam packed and exciting five days at ASCO 2016 earlier this month in Chicago. More than 30,000 oncology professionals gathered from all around the world to discuss the latest data and innovations in oncology, and it did not disappoint. The theme of ASCO this year was Collective Wisdom, which...
On May 13, the White House announced the latest big science initiative: a pledge of a half billion dollars to study microbes in humans, crops, soils, oceans and more. This initiative — which includes $121 million in Federal funding over two years — builds on the NIH Human Microbiome Project, begun in 2007, as well...