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Jun 21
Indian biotechnology market to reach over $11 billion by 2017
The Indian biotechnology market is set to reach over $11 billion by 2017, according to a new report available on companiesandmarkets.com. The market will be driven by foreign investment, growing R&D and infrastructure investment, an emerging contract research market, drug discovery and growth in manufacturing outsourcing to India.

Biotechnology In India: A Market Report

The Indian biotechnology market accounts for around 2% of the global market and ranks amongst the leading twelve biotechnology industries globally. The Indian biotechnology market is the third largest in Asia, after Japan and South Korea.

Exports continue to account for the largest share in the revenues of the Indian biotechnology industry, reflecting the continued focus of Indian biotech companies on the international markets. While segments such as bio-pharma, bioinformatics and bio-services represented a substantial chunk of the export market, bio-industrial and bio-agriculture generated a major share of revenues serving the domestic market.

Western India's domination of the Indian biotech industry continues, accounting for the largest share in the industry in terms of revenues. However, the southern region, with biotech hubs such as Bangalore and Hyderabad, represent the largest in the country when it comes to the number of companies. The number of companies in the Southern region reached 172 in 2010.

Over 350 companies operate in the biotechnology sector in India. Leading the suite include Biocon, Serum Institute of India, and Panacea Biotech. Major players profiled in the report include Biocon, Serum Institute of India, Panacea Biotec, Nuziveedu Seeds, Reliance Life Sciences, Quintiles, Rasi Seeds, Novo Nordisk, Shantha Biotechnics and Mahyco.

Jun 21
Healthcare law seen aiding employer coverage
About 61 percent of non-elderly Americans got their healthcare coverage through employers in 2009, down from 69 percent in 2000, according to a study sponsored by the non-partisan Robert Wood Johnson Foundation. Low and moderate-income families employed by small firms were the most likely to be affected by a loss of employer-sponsored coverage.

Julie Sonier, a senior researcher at the University of Minnesota who helped write the report, said the erosion in employer-sponsored insurance in the decade before the healthcare law was enacted underscored the need for action.

"When people don't have access to employer coverage, they might get public coverage, they might be uninsured, there might be a higher uncompensated care burden at their local hospital. The costs are in the system somewhere," she said in a telephone interview.

A second study by the centrist Urban Institute said it expects the healthcare overhaul signed into law last year by President Barack Obama to help small businesses provide medical coverage to employees.

"Our results show significant health care cost savings (under the law) to firms with fewer than 50 workers, as well as a small increase in the number of people covered by their employer-sponsored plans," the Urban Institute study said.

The law includes some tax incentives for small employers to provide coverage and penalties for large employers with employees who receive subsidized medical coverage on state-based exchanges that will go into operation in 2014.

"The evidence suggests the Affordable Care Act may have a stabilizing influence on small firm coverage," the study said.

The studies counter a recent report by Chicago consulting firm McKinsey that said about 30 percent of employers will "definitely" or "probably" stop offering health coverage once the state insurance exchanges begin operation, which are to provide a place for small businesses and individuals to shop for health insurance coverage.

That report sparked a fresh round of criticism of Obama's healthcare law by Republicans who are pushing to repeal it. Democrats demanded an explanation of the methodology, since other reports, including the Congressional Budget Office, said the law would have a small impact on employer coverage.

On Monday, McKinsey clarified that its report was a survey of employer attitudes and "was not intended to be a predictive economic analysis" of the impact of the new healthcare law.

The two studies sponsored by the Robert Wood Johnson Foundation that were released on Tuesday said most of the erosion in employer sponsored healthcare since 2000 was by small businesses.

Four states, Mississippi, Indiana, Michigan and Minnesota saw a loss in employer-sponsored coverage that was twice as large a the national average, according to the studies.

(Reporting by Donna Smith; Editing By Cynthia Osterman)

Jun 21
Abbott Laboratories Inc announced a deal for rights to Biotest AG's experimental rheumatoid arthriti
Biotest shares were up more than 20 percent in Frankfurt after the announcement on Tuesday.

Under the agreement, Abbott will pay Biotest a fee of $85 million for rights to BT-061, which is currently in Phase II clinical trials for rheumatoid arthritis and psoriasis. Biotest is also eligible for payments of up to $395 million should the drug achieve milestones, as well as royalties.

Abbott and Biotest will co-promote BT-061 in five major European markets -- Germany, France, the United Kingdom, Italy and Spain -- and Abbott will have exclusive global rights to commercialize the drug outside those countries.

Known as an anti-CD4 antibody, BT-061 is designed to work by activating the body's T-regulatory cells, strengthening a natural function of the body that prevents excessive immune reactions.

Humira ranked as the ninth-biggest-selling drug in the world last year with nearly $6 billion in sales, according to pharmaceutical information company IMS Health. However, Wall Street is concerned about looming competition, including from an oral drug in development by Pfizer Inc.

Abbott shares were up 0.4 percent in morning trading on the New York Stock Exchange.

(Reporting by Lewis Krauskopf, additional reporting by Sue Kelly in Chicago)

Jun 20
Cancer death rates continue drop: report
Cancer death rates are continuing to fall, but not all segments of the population are benefiting, the American Cancer Society said on Friday.

Overall, the group predicts 1,596,670 new cancer cases in the United States and 571,950 deaths in 2011.

Death rates for all cancer types fell by 1.9 percent a year from 2001 to 2007 in men and by 1.5 percent a year in women from 2002 through 2007.

Steady overall declines in cancer death rates have meant about 898,000 who would have died prematurely from cancer in the past 17 years did not, the organization said.

Americans with the least education are more than twice as likely to die from cancer as those with the most education, according to the group's annual cancer report.

Death rates for all cancer types have fallen in all racial and ethnic groups among both men and women since 1998 with the exception of American Indian/Alaska Native women, among whom rates were stable.

Black and Hispanic men have had the largest annual decreases in cancer death rates since 1998, falling by 2.6 percent among blacks and 2.5 percent among Hispanics.

New cases of lung cancer among women fell after rising steadily since the 1930s. The decline comes more than a decade after lung cancer rates in men started dropping and reflects differences in smoking trends among U.S. men and women, who took up smoking later in the last century than men.

Lung cancer is expected to account for 26 percent of all cancer deaths among women in 2011 and remains the No. 1 cancer killer of both men and women in the United States.

Breast cancer comes in No. 2 for women. Prostate cancer is the second most common killer of men, and colon cancer is the third-leading cause of cancer deaths for both sexes.

These four cancers account for almost half the total cancer deaths among men and women.

Cancer rates vary considerably among racial and ethnic groups. For all cancer types, black men have a 14 percent higher rate of new cases and a 33 percent higher death rate than white men, while black women have a 6 percent lower rate of new cancer cases and a 17 percent higher death rate than white women.

The report found cancer rates in the least educated were 2.6 times higher than in the most educated. This was most pronounced in lung cancer, reflecting higher smoking rates among those with less education.

Thirty-one percent of men with 12 or fewer years of education are smokers, compared with 12 percent of college graduates and 5 percent of men with advanced degrees.

(Editing by Todd Eastham)

Jun 20
Scientists develop new approach for cancer vaccine
In a study published in the journal Nature Medicine on Sunday, researchers from Britain and the United States said that in early tests in mice with prostate cancer, their experimental vaccine was able to shrink tumors, suggesting it could be developed in future into a treatment for cancer patients.

"Using the immune system to treat cancer is a very exciting area at the moment," Alan Melcher of Leeds University, who co-led the study, said in an interview. "What we've done is to develop a new approach which builds on a promising foundation."

He said the method could potentially be used against other forms of cancer such as skin or breast cancer, but added that the research was at an early stage and it would be several years before a vaccine could be developed for testing in humans.

Immunotherapy treatments -- medicines that enlist the help of the body's immune system to fight disease -- are a relatively new form of potential cancer treatment.

An immunotherapy drug called ipilimumab, or Yervoy, made by Bristol-Myers Squibb, was approved by the U.S. Food and Drug Administration (FDA) in March as the first drug to help advanced melanoma patients live longer.

And last April, the FDA approved Dendreon Corp's Provenge, a therapeutic vaccine designed to stimulate the immune system to attack prostate cancer.

CELLS

Unlike traditional vaccines, therapeutic vaccines are not designed to prevent disease, but to treat it. They contain genes to stimulate the immune system to produce proteins called antigens, which activate the immune system to kill cancer cells.

Several drugmakers are trying to develop cancer vaccines but the work is proving difficult because each tumor has specific proteins and identifying the right antigens is tricky. There are also concerns that if more genes are used to increase the chances of producing successful antigens, this might trigger an immune response that is too strong for the body to handle.

Working with scientists from the Mayo Clinic in Rochester in the United States, Melcher's team made a vaccine made from a virus which they genetically engineered to contain a "library" of DNA including multiple fragments of genes -- and therefore many possible antigens.

They found that this approach did not send the immune system into overdrive. Instead, the range of DNA meant the vaccine was able to target the tumor through many routes, they said.

Importantly, the DNA library was harvested from the same organ as the tumor, Melcher explained. This meant that the immune system "self-selected" the cancer antigens to respond to and did not react against other healthy parts of the body.

"The biggest challenge in immunology is developing antigens that can target the tumor without causing harm elsewhere," he said. "By using DNA from the same part of the body as the tumor ... we may be able to solve that problem."

Melcher said his team now planned to develop the technique further and have an experimental vaccine ready for testing in humans within a few years.

(Editing by Alison Williams)

Jun 10
German all clear for cucumbers, tomatoes, lettuce
Cucumbers, tomatoes and lettuce were given an official all-clear Friday by German authorities, who said the evidence was strong that sprouts grown from beans or peas caused an E coli outbreak that has killed 30 people.

"It's the sprouts," said Reinhard Burger, head of the Robert Koch Institute, the federal infectious-disease laboratory.

He said the finding was based on a study of coach passengers who ate in a restaurant: every passenger who chose a dish with sprouts on it had fallen sick with bloody diarrhoea, the first sign of an enterohaemorrhagic Escherichia coli (EHEC) infection.

The market garden, the Bienenbuettel Gaertnerhof, has been closed.

The warning against the other three vegetables was issued May 25 and caused a massive slump in Europe's produce trade.

The new strain of E coli which causes kidney and nerve damage has been on the loose in Northern Germany since the start of May. Though found in faecal samples of patients, it has not been traced on any fresh food.

The rate of infections has begun to decline, Mr. Burger said.

Jun 08
GSK to supply rotavirus vaccine, Rotarix to Gavi Alliance at $2.50 per dose
GSK announced that it has made a new offer to supply its rotavirus vaccine, Rotarix, to the Gavi Alliance at $2.50 per dose, a small fraction of developed world prices. This announcement is part of the company's efforts to increase access to its medicines and vaccines in the world's poorest countries. It is estimated that more than half a million children die of rotavirus gastroenteritis each year - the equivalent of a child a minute world wide and it is responsible for the hospitalization of millions more.

GSK's offer has been made in response to a UNICEF request for rotavirus vaccines and will now be reviewed by UNICEF. If accepted, large scale vaccination against rotavirus could begin later this year. The offer made to UNICEF was developed in consultation with the Bill & Melinda Gates Foundation and The Clinton Health Access Initiative with support from the Pan-American Health Organisation (PAHO), and comes ahead of the Gavi Pledging Conference for Immunisation which will be held in London on 13th June 2011.

This new commitment for Rotarix follows the announcement in March 2010 that GSK would supply its pneumococcal vaccine, Synflorix, to Gavi at a heavily discounted price through an innovative financing mechanism known as the Advance Market Commitment (AMC). Rotavirus related diarrhoea, and pneumococcal disease are the two leading childhood killers in developing countries.

Andrew Witty, CEO of GlaxoSmithKline said: "Whilst most babies in the world will get rotavirus at some point, those in developing countries do not have access to the medical care they need which means millions of babies die unnecessarily. GSK is committed to playing its part in addressing the healthcare challenges faced by world's poorest countries. By working in partnership with others including governments, international agencies, NGOs and developing countries, we can find innovative ways to accelerate access to vaccines that are urgently needed by children living in these countries."

Andrew Mitchell,UK Secretary of State for International Development said: "It is unacceptable that in the 21st century a child dies every minute of every day from diarrhoea, a preventable disease. I hugely welcome today's announcement from GSK to reduce their price of the vaccine Rotarix and urge other suppliers to follow suit and cut their prices. We are very clear that more affordable vaccines mean increased vaccination rates benefitting the world's children."

GSK has committed to supply 125 million doses of Rotarix to Gavi over the next 5 years at a 95% reduction of the price to developed Western markets to help meet the demand for rotavirus vaccination forecasted by UNICEF. The discounted Rotarix price is in line with GSK's long-standing tiered pricing policy which enables poorer countries to pay significantly less than higher income countries for the same vaccine, with the lowest prices reserved for agencies such as UNICEF which purchase large volumes of vaccines for the world's poorest children.

Vaccination against rotavirus has so far been successfully introduced in four Gavi eligible countries: Nicaragua, Honduras, Bolivia and Guyana. By securing a guaranteed supply of low priced high quality vaccines, this new offer would enable Gavi to expand rotavirus vaccination further, with the aim to cover over 40 countries by 2015.

In April 2009, the World Health Organization's (WHO) Strategic Advisory Group of Experts (SAGE) recommended that rotavirus vaccination be included in all national immunisation programmes. Based on this decision, the WHO awarded global pre-qualification to Rotarix. These decisions have opened the door to making rotavirus vaccines available to children worldwide.

100 million doses of Rotarix have been delivered since its first launch in 2007 which means that around 50 million children across the world have been vaccinated with Rotarix against rotavirus.

Vaccination against rotavirus has so far been successfully introduced in 14 countries in Latin America and Mexico, including four Gavi eligible countries: Nicaragua, Honduras, Bolivia and Guyana. South Africa is the only country in Africa to currently vaccinate against rotavirus, with North Sudan expected to follow in June 2011.

GlaxoSmithKline - one of the world's leading research-based pharmaceutical and healthcare companies - is committed to improving the quality of human life by enabling people to do more, feel better and live longer.

Jun 07
Indian firms push down global vaccine prices
Bharat Biotech on Monday announced it will price Rotavac, India's first indigenously developed rotavirus vaccine, at US $ 1/dose. Rotavirus causes fatal diarrhoea that kills around 500,000 children under-5 years each year. The vaccine is currently undergoing Phase III clinical trials for safety and
efficacy in 8,000 people and, along with vaccines from Serum Institute and Shantha Biotechnics, is expected to hit the market in 2015.
These vaccines will bring the price of vaccinating a child to $3, down from the current $7.5 per dose.

Cheaper vaccines from India are forcing global giants to slash prices. GSK announced its rotavirus vaccines at $2.50 per dose -- or $5 to fully immunise a child -- in response to a current tender administered by UNICEF.

The offer is a 67% reduction in the current lowest available public price.

Merck has also offered its rotavirus vaccine to UNICEF at discounted prices.

Serum Institute of India and Panacea Biotec have dramatically lowered the prices of their pentavalent vaccine that protects against five potentially fatal infections such as Hib (Haemophilus influenzae type b), diphtheria, pertussis (whopping cough), tetanus, hepatitis B, rotavirus and cervical cancer.

This year, Serum Institute lowered the price of its pentavalent vaccine to US$ 1.75 per dose, the lowest price available globally. Panacea Biotec has committed to lower its prices by up to 15%.

Today, Merck also announced reducing HPV vaccine prices from the current US$15 / dose to US$ 5/dose, a 67% reduction in the current public price. HPV vaccines protect against cervical cancer, which kills 200,000 women each year.

Over 90% of cervical cancer deaths occur in developing countries.

Source : Hinduatan Times

Jun 06
Telcos scurry to conform to norms
Indian telecom companies are scurrying to conform to the government's stipulated health norms in light of growing evidence on the cancerous nature of cellphone radiation.

There has been an amendment in the Access Service Licenses - mandating self-certification radiation levels of cellphone towers - to ensure compliance with WHO-endorsed guidelines of International Commission for Nonionizing Radiation Protection (ICNIRP). The stricture led 5, 88,645 out of 6, 05,859 base stations to get self-certification till March 31, 2011.

Union minister of state for communications and Information Technology Sachin Pilot said non-compliance to the stipulated radiation limits carries a penalty of Rs five lakh for every mobile tower.

Talking on the cellphone could cause a malignant form of brain cancer, said International Agency for Research on Cancer (IARC) recently. It classified radiation emanating from cellphones alongside gasoline engine exhaust, lead and DDT as "possibly carcinogenic to humans".

IARC said, "The WHO/IARC has classified radiofrequency electromagnetic fields as possibly carcinogenic to humans (group 2B), based on an increased risk for glioma, a malignant type of brain cancer, associated with wireless phone use."

Pilot said, "We are not going to compromise with radiation limits since it has health-related concerns. The department of telecommunications set up an Inter Ministerial Group in August, 2010, to evaluate the evidence, revisit radiation guidelines for mobile towers and adopt guidelines for radiation emission by cell phones. This group has recommended radiation limits more stringent than that of the United Nations."

He added, "We had called for self certification of all mobile towers. Almost 90% of the towers have completed doing so. We have extended their time frame for six more months. However, the radiation limits they are complying to are the old ones. Once new compliance levels kick in, finalized by the Department of Telecom (DoT), they will have to conform to them too."

Source : TOI

Jun 04
High mobile use can cause brain cancer - WHO
Talking on the cellphone may possibly lead to a malignant form of brain cancer, the World Health Organization has said. A study done by an arm of the world body has classified radiation coming out of cellphones alongside gasoline engine exhaust, lead and DDT as "possibly carcinogenic to humans".

The International Agency for Research on Cancer, which is under WHO, however, said there wasn't enough evidence yet to conclusively link mobile phone use with cancer.

"The WHO/IARC has classified radiofrequency electromagnetic fields as possibly carcinogenic to humans (group 2B), based on an increased risk for glioma, a malignant type of brain cancer, associated with wireless phone use," it said.

"This does not mean the link has been firmly established," said IARC's chief of the monograph programme, Dr Kurt Straif. "But there is reason for concern."

The group, consisting of 31 scientists from 14 countries, examined "hundreds of epidemiological studies" on cellphone use to see what the long-term health effects might be after exposure to radio frequency electromagnetic fields.

The International Agency for Research on Cancer's monograph programme, which consists of 31 scientists, said that they reviewed the data from hundreds of studies on effects of cellphone radiation, and believe mobile phone usage is limited to a risk of glioma and acoustis neuroma (a benign but life-threatening tumor).

They did not have enough data to conclude that it could cause any other forms of cancer.

"After going through hundreds of studies, we concluded that there is just a possibility of a link between high cellphone use and brain cancer, not a certainty. We also don't know how much radiation exposure can be termed harmful," Straif said. One of the studies the researchers looked at said that those who had spent 1,600 hours of active call time over 10 years - around 30 minutes a day - could be at highest risk.

"But, what was considered a long talk time a few years back is considered low usage now. So there is no clear picture," he added. According to Dr Straif, it is now left to governments and organizations like WHO to come out with recommendations based on evidence provided by IARC.

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