| November 10, 2009 | News for the biotech, medical device, drug and food regulatory profession |
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| Drugs & Biologics |  |  |
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- Trade group urges FDA safety seal for Web drug, device data
The FDA should create a universal safety symbol certifying agency-approved data about drugs and medical devices on the Internet, a pharmaceutical trade group recommended. The proposal was issued ahead of a public meeting on how the FDA should handle social and online media promotion of medical products. Reuters
(11/9)
 
| Health Care in Transition | | |
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- Indian drug, biotech firms weigh pros, cons of U.S. health reform
The health reform bill recently passed by House lawmakers could increase demand for generic drugs and boost the profit of generic drugmakers based in India, industry executives said. However, manufacturers of generic biotech drugs in India would also be adversely affected by a measure that gives brand-name biopharmaceutical firms 12 years of market protection. The Economic Times (India)
(11/10)
- Device group urges House to tax firms based on FDA's product class
The Advanced Medical Technology Association has urged the House to differentiate the proposed tax in a recently passed health reform bill based on the FDA's device classification "to recognize the diversity of medical device products and the thousands of companies that develop and manufacture them." AdvaMed has also called for an exemption from the proposed tax of device makers with an annual income of less than $100 million. Star Tribune (Minneapolis-St. Paul, Minn.)
(11/9)
- Beckman CEO: Health reform to edge up demand for devices, tests
Overhauling the U.S. health care system to expand insurance coverage would boost the demand for laboratory tests and medical devices by only 1% to 2% per year over the next 10 years because such a proposal would cover many young individuals who don't need regular treatment, said Beckman Coulter CEO Scott Garrett. Garrett said he hopes that a proposed tax on test and device makers would be lowered as lawmakers work to harmonize health reform measures in Congress. Reuters
(11/9)
| Biotechnology | | |
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- Rhode Island Hospital gets $11M grant for stem cell research center
The NIH's National Center for Research Resources has awarded an $11 million grant to Rhode Island Hospital to help it set up a stem cell research facility that will focus on the use of adult stem cells in cell repair. The five-year grant will "help us to assemble a group of outstanding, talented investigators who excel in these areas," said Dr. Peter Quesenberry, the hospital's director of hematology/oncology. The Providence Journal (R.I.) (free registration)
(11/10)
- U.K. scientists look at use of human material in animal experiments
Scientists at U.K.'s Academy of Medical Sciences is set to launch a study today to examine the use of animals containing human DNA or organs in research and determine possible limitations of such experiments. "It sounds yucky, but it may be well worth doing if it's going to lead to a cure for something horrible," said Robin Lovell-Badge, a stem cell expert and member of the research team. Google/The Associated Press
(11/9)
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