Ok

41 Flips | 3 Magazines | 28 Likes | 1 Following | 5 Followers | @okolupaev | Keep up with Ok on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Ok”

Seattle Genetics' Hodgkin's lymphoma drug wins U.S. approval | Reuters

(Reuters) - U.S. regulators on Tuesday approved Seattle Genetics Inc’s Adcetris as part of a chemotherapy cocktail to treat advanced Hodgkin’s lymphoma in newly diagnosed patients, making it the first new treatment in over 40 years.<p>The widely expected approval opens up a key market for Seattle …

Stem cell therapy reverses sight loss and lets people read again

Two people with severe sight loss can now see well enough to read after receiving tissue grown from human embryonic stem cells.<p>A man in his 80s and a …

WuXi Biologics is producing a newly approved HIV med in the first Chinese biologics plant approved by the FDA

This week, the FDA approved Trogarzo (ibalizumab-uiyk), the first HIV therapy with a novel mechanism of action in more than 10 years and the first …

Pharma

How medical-device CEOs can navigate digital disruption in healthcare

Medical-device companies will need to reinvent themselves to stay competitive. Now’s the time to craft a strategy and scale a transformation.<p><b>Digital</b> …

The AI Doctor Orders More Tests

Few U.S. industries are growing as fast as health care, but the big public-cloud companies—Amazon.com, Microsoft, Google—have struggled to crack the …

Introduction to Russia's Medical Device Approval Process

Russia is a promising market for medical devices, but the regulatory process can be challenging. The Russian regulatory authority, Rozsdravnadzor, …

Build a miniature NAS out of a NanoPi NEO with this simple kit

The NanoPi NEO is an $8 version of the $5 Raspberry Pi Zero built by a company called FriendlyARM that launched last summer. Except the NanoPi NEO has the added advantage of usually being in stock to purchase (something that the Pi Zero has had difficulties with in the past).<p>To go along with the …

Virtual nurse app Sense.ly raises $8 million from investors including the Mayo Clinic

San Francisco startup Sense.ly has raised $8 million in a Series B round of venture funding to bring its virtual nurse technology to clinics and patients of every kind. The company’s app helps physicians stay in touch with patients, and prevent readmission to the hospital. Chief Executive Officer …

Digital Health

Richard Curran: Trump is playing Russian roulette with Big Pharma

One might wonder about the unfortunate timing of the very good news that US pharmaceutical company IQ Pharmatek plans to create 100 jobs in Tipperary.<p>…

Valeant: Why Moneyball Failed in the Pharmaceutical Industry

The past few months have been terrible ones for investors in Valeant Pharmaceuticals. In February, the company disclosed that it had accounted incorrectly for fifty-eight million dollars worth of sales by Philidor, a specialty pharmacy that it owned before shutting it down last fall amid …

CVS Health Says Prescription Drug Spending Dropped Dramatically

CVS Health announced that patient spending on prescription drugs grew by just 5% last year, a dramatic drop from 2014.<p>CVS Health, which manages drug …

A New Way to Define Value in Drug Pricing

Prices for specialty drugs in the United States are out of control, with spending rising much faster than in many other health care domains. Some state Medicaid programs have been driven to the brink by the cost of new drugs for diseases such as hepatitis C, for which 12 weeks of treatment with …

Pharma

Can You Predict a Startup’s Success Based on the Concept Alone?

It’s easy to make fun of bad startup ideas – Airbnb for toilets? – but it’s not so easy to pick the good ones ahead of time. Just ask venture capitalists, the vast majority of whom lose money. The difficulty of separating good ideas from bad is part of why angel investors end up investing based …

Venture Capital

La Jolla library opens biotech lab

Seeking to improve understanding of life science among students and the general public in the biotech hotbed of San Diego, the La Jolla-Riford Branch …

California

What Areas Are Often Overlooked By Academics Turned Biotech Entrepreneurs

By Rob Wright, Chief Editor, Life Science Leader<br>Follow Me On Twitter @RfwrightLSL<p>Read parts one and two of this four-part series:<br>1. What Is the Role …

Have the biosimilar floodgates been opened in the United States? | Nature Reviews Drug Discovery

Biobusiness Briefs | Published: 30 April 2015<p>Patent watch: Have the biosimilar floodgates been opened in the United States?<p>Courtenay C. Brinckerhoff<br>• & …

Google Scholar

Meet Thomas Goetz, The Co-founder of Iodine

Thomas Goetz is the co-founder of Iodine, an electronic health startup that Time Magazine dubbed “The Yelp of Medicine.” Iodine is a database …

Software And Data Are Disrupting Venture Capital Firms

<b>Editor’</b><b>s note:</b> <i>Aaron Holiday is co-founder of</i> 645 Ventures <i>and Managing Entrepreneurial Officer at</i> Cornell Tech<i>.</i><p>Over the last decade, the estimated number of new tech startups formed in the U.S. each year ranged from 16,000 to 20,000, and the total amount of venture funding per year for software …

Venture Capital

NimbleGen Cofounder Opens Invenra, A "Cell-Free" Antibody Shop

If you pay attention to emerging biotech companies, you might have heard of Sutro Biopharma. With a new way of making therapeutic monoclonal …

Fundraising Acceleration Is The New VC Investment Thesis

There was a quite a jolt on Friday from the news that Slack, a company whose eponymous enterprise communications platform was first publicly launched this year, raised $120 million in new venture funding from KPCB and Google Ventures.<p>Even more eye-popping was the valuation: $1.12 billion. Although …

Biotech Stock Crashes After FDA Requires Additional Data For New Drug Application

In a release on Monday morning, Sarepta announced that the FDA was requiring the company to submit additional data for its planned New Drug Application for the approval of eteplirsen.<p>Eteplirsen is being tested for the treatment of Duchenne muscular dystrophy, a degenerative neuromuscular disorder …

Top 10 Phase III disasters of 2014

Welcome to the hall of shame, where blockbuster drug projections go to die. Below you'll find some drugs that clearly should never have wound up in …

Written by Helen Gregg In September, Seattle-based Providence Health & Services announced the launch of a venture capital fund designed to help early- and mid-stage health IT companies bring their products to market. The fund, Providence Ventures, will invest $150 million over five to seven years to foster new IT products designed to improve care […]

The rise of hospital-backed venture capital funds<p>Written by Helen Gregg<p>In September, Seattle-based Providence Health & Services announced the launch …

Atlas Venture plans a biotech-only future via VC mitosis

For the past 35 years, Atlas Venture has operated as a diversified investor, splitting its efforts between technology and life sciences. Starting …