Monthly Archives: May 2012

Seattle Genetics Reports First Quarter 2012 Financial Results

Posted: Published on May 9th, 2012

BOTHELL, Wash.--(BUSINESS WIRE)-- Seattle Genetics, Inc. (Nasdaq:SGEN - News) today reported financial results for the first quarter ended March 31, 2012. The company also highlighted the ADCETRIS (brentuximab vedotin) product launch, ongoing and planned clinical development activities and upcoming milestones. First quarter 2012 ADCETRIS net product sales were $34.5 million, an increase of 4 percent from $33.2 million in the fourth quarter of 2011. ADCETRIS gross product sales increased by 12 percent in the first quarter of 2012 compared to the fourth quarter of 2011, but this increase was offset by an expected increase in gross-to-net discount in the first quarter of 2012 driven by Public Health Services program discounts that became effective during January. The commercialization of ADCETRIS continues to be strong, and we are pleased by the acceptance and utilization of ADCETRIS among oncologists and patients with relapsed Hodgkin lymphoma (HL) and systemic anaplastic large cell lymphoma (sALCL), said Clay B. Siegall, Ph.D., President and Chief Executive Officer of Seattle Genetics. Our long-term vision for ADCETRIS is to expand its use into earlier lines of HL and sALCL therapy and into other CD30-positive malignancies. To that end, we are conducting a robust clinical development program with ADCETRIS, including … Continue reading →

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Advanced Cell Technology Announces 2012 First Quarter Results

Posted: Published on May 9th, 2012

MARLBOROUGH, Mass.--(BUSINESS WIRE)-- Advanced Cell Technology, Inc. (ACT; OTCBB:ACTC), a leader in the field of regenerative medicine, announced today first quarter financial results for the period ended March 31, 2012. The Company reported a loss from operations of $(5.4) million compared to a loss from operations of $(4.8) million in the 2011 first quarter.ACTreported a net loss of $(5.7) million or $(0.00) per share, compared to a loss in the same period in 2011 of $(3.3) million, or $(0.00) per share. Net cash used in operations for the 2011 first quarter was $4.8 million, compared to net cash used in operations of $3.4 million in the same period in 2011. The Company ended the 2012 first quarter with cash and cash equivalents of $10.8 million, compared to $13.1 million as of December 31, 2011. Highlights from the first quarter of 2012 included: We are very pleased with our progress in the clinic so far, said Chairman and CEO Gary Rabin. We are encouraged by the results we have seen from the early patients treated in each of our indications, and look forward to completing the trials on schedule. Conference call and Webcast The Company will hold a conference call tomorrow … Continue reading →

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Stem cell therapy for WCMS student has remarkable results

Posted: Published on May 9th, 2012

When Tyler was born, the umbilical cord was wrapped around his neck, causing a lack of oxygen to his brain that led to Tyler suffering a stroke during delivery. The stroke caused damage to the back of Tylers brain. Tyler was diagnosed with cerebral palsy and his mother, Lisa Biermann, was told to expect the worst: a child who would never walk, talk, or have any chance at a normal life. Lisa refused to give up hope. She tried everything she could to help Tyler. Tyler could not walk because his feet would not sit flat on the floor. She tried botox injections every three months, braces, casts and even ankle cord surgery. Nothing worked. Lisa said Tyler could not communicate with her at all. She never knew when he was in pain because he was unable to tell her. Tyler was considered to be blind, with a prescription that was over nine units nearsighted, and his eyes jumped around. Even with glasses, he could not focus his vision, and doctors did not believe he could see, or ever would see. Until he was 8 years old, Lisa would carry Tyler from his classes at Woodland Park Elementary. When Tyler … Continue reading →

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Erectile dysfunction drug may benefit cardiac function in young patients with heart defects

Posted: Published on May 9th, 2012

Public release date: 8-May-2012 [ | E-mail | Share ] Contact: Joey McCool Ryan McCool@email.chop.edu 267-426-6070 Children's Hospital of Philadelphia Sildenafil, also known as the erectile dysfunction drug Viagra, may give a boost to underdeveloped hearts in children and young adults with congenital heart defects. Researchers from The Children's Hospital of Philadelphia report that sildenafil significantly improved echocardiographic measures of heart function in children and young adult survivors of single ventricle heart disease palliation. "Although researchers will need to evaluate clinical benefits over a longer period with a larger number of patients, this finding offers a potential advance in the management of patients with these types of heart defects," said study leader David J. Goldberg, M.D., a pediatric cardiologist at The Children's Hospital of Philadelphia. The study appeared online recently in the journal Pediatric Cardiology. The researchers randomly assigned 27 children and young adults at Children's Hospital to receive either sildenafil or a placebo for six weeks. After a six-week break in treatment, the subjects were switched to the opposite treatment course. The study team used echocardiograms to measure myocardial performance index (MPI), an indicator of the heart's overall ability to pump blood. The patients in this double-blind, short-term study, … Continue reading →

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Poptent's amateurs sell cheap commercials to big brands

Posted: Published on May 9th, 2012

Build-a-Bear Workshop was introducing a line of stuffed animals called smallfrys and wanted to reach moms through Facebook. One video used in the online promotion showed a woman pulling up to a fast-food window. Her young daughter requests "a smallfry." When her mom suggests a fruit cup or celery sticks, the daughter says, "Mom, order me a curly-haired bunny in a purple sequined bathing suit." The 45-second smallfrys spot came not from a traditional advertising agency but from Poptent Inc., a "crowdsourced" video production studio that has built a global community of 50,000 writers, directors, cinematographers and animators to create commercials for Build-a-Bear, American Airlines, Dell, Intel, Jaguar, General Mills and others. It's an example of how the Internet has enabled corporations to harness groups of far-flung enthusiasts to perform work once reserved for professionals. Even such creative endeavors as advertising aren't exempt from the growing popularity of crowdsourcing. "We loved the engagement and creativity that the Poptent community could bring to our brand and especially the launch of a new product," said Maxine Clark, Build-A-Bear's founder and chief executive. "It allowed us to stretch our budget." Advertising experts credit Doritos with demonstrating that passionate amateurs could match the creativity … Continue reading →

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Waterville chief offers help for those dealing with pharmacy robberies

Posted: Published on May 9th, 2012

May 7 AMY CALDER Morning Sentinel WATERVILLE A rise in area pharmacy robberies has prompted police Chief Joseph Massey to host a workshop May 31 for pharmacists and others who dispense prescription drugs about what to do before, during and after a robbery. The event will be 9 a.m. to 10 a.m. in the City Council Chambers at The Center, at 93 Main St. Im becoming very concerned that one of those pharmacy robberies is going to lead to serious injury or death to pharmacy staff, customers or even the robber, Massey said Monday. Weve had three recent robberies that made me realize we needed to take a proactive approach to reduce robberies and the likelihood of some injuries during those robberies. Massey said hard narcotics are a powerful motivation for people to rob such facilities. Theyre not asking for anything else except these hard narcotics, he said. Theyre so focused that all they want is those drugs. Those wanting to register are asked to call Masseys executive assistant, Kathleen Kenney-Haley, at 680-4704, or e-mail her at kkenney@waterville-me.gov. The goal of the workshop is to help businesses develop policies and procedures to help reduce the likelihood of a robbery, as … Continue reading →

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Feds Bust Rogue Internet Pharmacy

Posted: Published on May 9th, 2012

Tyler Wing WGNO News 11:07 p.m. CDT, May 7, 2012 NEW ORLEANS The Drug Enforcement Agency busts an illegal mail-order pharmaceutical drug-ring based in New Orleans. An 18-month investigation reveals 60-year-old Carlton Charles is the accused mastermind behind a rogue internet pharmacy mailing prescription drugs to people all over the nation. Special Agent in Charge Jimmy Fox says drugs were sold to people in all fifty states, They would package it and ship it through one of the national shipping companies. Three others are in custody charged with a long list of crimes including money laundering, and racketeering. Based out of the same building where the Esplanade Pharmacy is now, agents estimate illegal internet sales totaled roughly $16 million. Fox says Charles used seven different websites to peddle the pharmaceuticals, They had conspired with an individual in Seattle, Washington to create a web base. To circumvent law enforcement they would show the IP address as being located in Austin, Texas. The DEA busted the Esplanade Pharmacy two years ago and Charless license to prescribe was revoked. Link: Feds Bust Rogue Internet Pharmacy … Continue reading →

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Navigating the IP Minefield of Human Embryonic Stem Cell Development

Posted: Published on May 9th, 2012

FARMINGTON, Conn., May 8, 2012 /PRNewswire-iReach/ -- Global Information Inc. is pleased to announce two significant new reports Opportunities in Human Embryonic Stem Cell (hESC) ProductsHuman embryonic stem cells (hESCs) are stem cells derived from the inner cell mass of a blastocyst, the stage reached 4 to 5 days after fertilization. They are the most pluripotent of all stem cell types, able to develop into any of over 200 different cell types in the human body, rending them tremendously useful for their therapeutic potential. However, human embryonic stem cell research is heavily encumbered by patents held by the University of Wisconsin's Wisconsin Alumni Research Foundation (WARF), which creates significant challenges for guidance for companies seeking to develop new products. BioInformant's new Opportunities in Human Embryonic Stem Cell (hESC) Products market research report explores the complex IP landscape affecting development of human embryonic stem cell products, providing clear guidance for companies entering or already within the market. Over the past 15 years, WARF has been the major "gatekeeper" in determining which research product companies are able to conduct research, create commercial products, and develop novel therapies using hESCs. To date, WARF has entered into licensing agreements with only 27 commercial partners … Continue reading →

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Research and Markets: Biomedical Sciences: Essential Laboratory Medicine

Posted: Published on May 9th, 2012

DUBLIN--(BUSINESS WIRE)-- Dublin - Research and Markets (http://www.researchandmarkets.com/research/t99fl5/biomedical_science) has announced the addition of John Wiley and Sons Ltd's new book "Biomedical Sciences: Essential Laboratory Medicine" to their offering. Biomedical Sciences is an indispensable, all encompassing core textbook for first/ second year biomedical science students that will support them throughout their undergraduate career. The book includes the key components of the IBMS accredited degree programmes, plus sections on actual practice in UK hospital laboratories (including the compilation of a reflective portfolio). The book is visually exciting, and written in an interesting and accessible manner while maintaining scientific rigour. Highlighted boxes within the text link the theory to actual clinical laboratory practice for example, the histopathology chapter includes a photographically illustrated flow chart of the progress of a specimen through the histopathology lab, so that students can actually see how the specimen reception/inking/cut-up/cassette/block/section/stain system works, with an emphasis on the safety procedures that ensure specimens are not confused). Key Topics Covered: Chapter 1 Anatomy and physiology of major organ systems Chapter 2 Pathophysiology Chapter 3 Clinical cell biology and genetics Chapter 4 Cellular pathology Chapter 5 Clinical chemistry Read more: Research and Markets: Biomedical Sciences: Essential Laboratory Medicine … Continue reading →

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Research and Markets: Skeletal Biology and Medicine I: Mechanisms Regulating Bone Mass

Posted: Published on May 9th, 2012

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/4zkdn4/skeletal_biology_a) has announced the addition of John Wiley and Sons Ltd's new book "Skeletal Biology and Medicine I: Mechanisms Regulating Bone Mass" to their offering. The volume features current basic, clinical, and translational research on aspects of skeletal morphogenesis and remodeling in health and disease. Papers survey vital new insights into the mechanisms of bone development and restructuring, including cellular and mechanical triggers, receptors and signaling pathways. Also covered are the effects of other physiological systems and disease states, such as immune system inflammation, diabetes, infection, and cancer on musculoskeletal health. Recent findings are shaping therapeutic directions that focus on both anti-resorptive and anabolic therapies. Basic scientists, clinical investigators, and clinicians with interests spanning endocrinology, physiology, cell biology, pathology, genetics, molecular biology, rheumatology, oncology, and other areas that relate to bone development and homeostasis will find this a valuable resource for the most recent developments in skeletal biology and medicine. This volume presents manuscripts stemming from the 4th New York Skeletal Biology and Medicine Conference, held at Mount Sinai School of Medicine in New York City on April 27-30, 2011. The papers included in this volume include two of the topic areas presented at the … Continue reading →

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