Monthly Archives: August 2012

2012 BIO Investor Forum: Looking Ahead to Investment Opportunities

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The biggest biotech news out of Washington in recent months was the Jumpstart Our Business Startups (JOBS) Act, which passed Congress overwhelmingly and was signed into law by President Obama in April.  For those not familiar, the JOBS Act creates a new category of issuers, called “emerging growth companies” (EGCs), which is defined as newly public companies with than $1 billion in annual revenues and a public float below $700 million. EGCs are given a Read More >

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MJFF’s Innovative, New Funding Program Addresses the Entire Therapeutic Pipeline

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To date, the Michael J. Fox Foundation for Parkinson’s Research has funded over $297 million in research, $77 million of which has been awarded to more than 160 unique, industry-led projects. In June 2012, MJFF announced its newest funding mechanism, the Therapeutic Pipeline Program (TPP), which combines MJFF’s previous Therapeutics Development Initiative (TDI), Repositioning Drugs for PD, and Clinical Intervention Awards (CIA) programs into a single, streamlined funding opportunity.  Open to both industry and academic Read More >

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Spotlight on India’s Emerging Biotech Sector

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India’s biotechnology sector is a burgeoning one, with more than 325 companies and some with revenues in the billions of dollars. According to the BioSpectrum-ABLE (Association of Biotechnology Led Enterprises) Biotech Industry Survey of 2011, the industry has grown by 21.5% in 2006-2011, surging to $4 billion. Furthermore, India is the world’s largest manufacturer of vaccines and the growth of India vaccine makers arises from their ability to develop and produce high-quality vaccines with low Read More >

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Indices, IPOs, Approvals – YTD Update Aug 14th, 2012

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We are now more than eight months into the year and biotech indices have maintained their outperformance, squeezed out a modest size IPO class, and delivered double digit novel FDA approvals. 1. Indices. The Nasdaq Biotech Index (NBI) is up 27% Year to Date (YTD) as of last Friday. It was up nearly 20% by the end of the 1st quarter, consolidated during the 2nd quarter, and has participated in the summer rally to tack on another 7%. Here Read More >

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Psoriasis Awareness Month: Psoriasis isn’t contagious but awareness is!

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Each August, the National Psoriasis Foundation (NPF) sponsors Psoriasis Awareness Month, dedicated to raising awareness, educating the public and dispelling myths about the disease. What is psoriasis? Psoriasis isn’t contagious, but awareness is. Learn more at www.psoriasis.org. Photo © National Psoriasis Foundation 2012. Psoriasis is a chronic, noncontagious, genetic autoimmune disease that appears on the skin in red, scaly patches that itch, crack and bleed. It is the most common autoimmune disease in the country, Read More >

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