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Home » Authors » Richard Staines

Articles by Richard Staines

Amvuttra

Alnylam’s Amvuttra rare disease drug among positive recommendations from Europe’s CHMP

July 22, 2022
By Richard Staines
Alnylam Pharmaceuticals Inc.’s Amvuttra (vutrisiran), a treatment for the rare disease hereditary transthyretin-mediated amyloidosis, was among medicines recommended for approval by regulators from Europe’s Committee for Medicinal Products for Human Use (CHMP) in a busy sitting.
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U.K. flag and capsules

UK competition watchdog fines Pfizer and Flynn Pharma £70M for gouging epilepsy drug price

July 21, 2022
By Richard Staines
The U.K.’s competition watchdog has found that a subsidiary of Pfizer Inc. and a generics firm jacked up the price of a life-saving epilepsy drug by up to 2,600%, fining them a total of £70 million (US$83.72 million). The Competition and Markets Authority’s decision is part of a long-running dispute against subsidiary Pfizer Ltd. and the generics firm Flynn Pharma Ltd.
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Emma Walmsley, CEO, GSK

New-look GSK faces moment of reckoning as consumer business spins off

July 20, 2022
By Richard Staines
GSK plc, formerly Glaxosmithkline plc, has begun a significant new chapter in its history with the spin-off this week of its consumer business known as Haleon plc. While the high-profile new listing of Weybridge, Surrey-based Haleon (LON:HLN), the largest in Europe in a decade, grabbed the headlines, investors are keeping a sharp eye on GSK now that it is free to focus on developing and marketing novel drugs.
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United Kingdom flag, map

Oxford Science Enterprises raises $300M as it mines UK university for biotech diamonds

July 20, 2022
By Richard Staines
Oxford Science Enterprises, an independent investor specializing in building companies through its relationship with the U.K.’s University of Oxford, has raised a further £250 million (US$300 million) to translate academic research into commercial products and businesses.
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Oxford Science Enterprises raises $300M as it mines UK university for biotech diamonds

July 19, 2022
By Richard Staines
Oxford Science Enterprises, an independent investor specializing in building companies through its relationship with the U.K.’s University of Oxford, has raised a further £250 million (US$300 million) to translate academic research into commercial products and businesses.
Read More
Swiss army knife labeled with disease categories

Extending the human lifespan: Live long and prosper? Science says you can

July 18, 2022
By Anette Breindl and Richard Staines
To most people, trying to prevent aging seems like a dream – maybe a pipe dream, in fact. But a dream for sure. To aging researchers, it seems like common sense. And if animal studies are any indication, maybe not that hard, either. Part two of BioWorld’s multipart series on extending the human lifespan looks at the potential of anti-aging medicine.
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An adaptation of Gustav Klimt's "The Three Ages of Woman"

Extending the human lifespan: Preventing worse inequities

July 18, 2022
By Anette Breindl and Richard Staines
Aging is surprisingly dichotomous. Genetic studies suggest that in fruit flies and mice, the gene sets that affect male and female longevity are mostly distinct. And a lopsided amount of what’s known about aging comes from the study of – wait for it – males. Read part three of BioWorld’s multipart series on extending the human lifespan.
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Person wearing mask pointing at globe

As pandemic drags on and with war on its doorstep, Europe turns to research-based industries for answers

July 15, 2022
By Richard Staines
It’s a delicate time in Europe, where the recovery from the pandemic has been stifled by the war on its doorstep in Ukraine. Although the crisis caused by the Russian invasion is dominating the short-term political agenda, there are serious concerns about Europe’s long-term economic prospects and whether its research-led industries are falling by the wayside.
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Nuvaxovid

European regulators warn over severe allergic reaction after Novavax shot

July 14, 2022
By Richard Staines
European regulators have added several safety messages to approved COVID-19 vaccines, including a warning that Novavax Inc.’s Nuvaxovid could produce severe allergic reactions.
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Prostate cancer cells

Merck & Co. in $290M swoop for Orion’s prostate cancer hopeful ODM-208

July 13, 2022
By Richard Staines
Merck & Co. Inc. has snagged a $290 million development and marketing deal for Orion Corp.’s potential oral prostate cancer drug, ODM-208, which aims to suppress production of hormones that drive this form of cancer.
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