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Why Investors remained buoyant on: Puma Biotechnology, Inc. (PBYI), Digital Realty Trust, Inc. (DLR) – StockNewsJournal

Posted: Published on August 2nd, 2017

Puma Biotechnology, Inc. (NASDAQ:PBYI)market capitalization at present is $3.29B at the rate of $89.95 a share. The firms price-to-sales ratio was noted 0.00 in contrast with an overall industry average of 100.62. Most of the active traders and investors are keen to find ways to compare the value of stocks. The price-to-sales ratio offers a simple approach in this case. They just need to take the companys market capitalization and divide it by the companys total sales over the past 12 months. The lesser the ratio, the more attractive the investment. During the key period of last 5 years, Puma Biotechnology, Inc. (NASDAQ:PBYI) earnings per share growth remained at -44.40%. How Company Returns Shareholders Value? Dividends is a reward scheme, that a company presents to its shareholders. There can be various forms of dividends, such as cash payment, stocks or any other form. This payment is usually a part of the profit of the company. A companys dividend is mostly determined by its board of directors and it requires the shareholders approval.Puma Biotechnology, Inc. (NASDAQ:PBYI)for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders. Currently it is offering a dividend yield of 0.00% and … Continue reading

Posted in Biotechnology | Comments Off on Why Investors remained buoyant on: Puma Biotechnology, Inc. (PBYI), Digital Realty Trust, Inc. (DLR) – StockNewsJournal

Bolder BioTechnology Announces Initiation of Phase 1 Clinical Trial of BBT-015 for Treating Neutropenia and Acute … – PR Newswire (press release)

Posted: Published on August 2nd, 2017

Joe Cox, Ph.D., Bolder BioTechnology's President said: "Initiation of this clinical trial represents a major milestone for Bolder BioTechnology and the culmination of many years of effort by our dedicated and talented employees." "BBT-015 is a novel G-CSF analog that exhibits a longer duration of action and greater potency than other G-CSF products. In preclinical studies, BBT-015 stimulated larger and longer-lasting increases in neutrophils, and faster neutrophil recovery in chemotherapy-treated, neutropenic animals compared to other G-CSF products.BBT-015 also significantly increased survival and accelerated recovery of neutrophils, platelets, and red blood cells in animals exposed to lethal doses of radiation, even when administered 24 hours following radiation exposure." "BBT-015's increased potency and longer duration of action may stimulate faster neutrophil recovery in cancer patients and / or allow the drug to be administered less frequently and at lower doses than competing G-CSF products, with associated cost savings for patients." "G-CSF products are some of the best selling biopharmaceuticals in the world, with annual worldwide sales exceeding $6 billion, primarily from the treatment of neutropenia in cancer patients." About BBT-015BBT-015 is a long-acting G-CSF analog produced using site-specific PEGylation technology.G-CSF is a human protein that stimulates production of neutrophils, a type of … Continue reading

Posted in Biotechnology | Comments Off on Bolder BioTechnology Announces Initiation of Phase 1 Clinical Trial of BBT-015 for Treating Neutropenia and Acute … – PR Newswire (press release)

NJSBA magazine explores biotechnology and genetics – Yahoo News

Posted: Published on August 2nd, 2017

The August issue of the New Jersey State Bar Association's bi-monthly magazine, New Jersey Lawyer, focuses on the evolving topic of biotechnology, genetics and the law. "Although a very specialized area, biotechnology law crosses many legal disciplines, including litigation, licensing, intellectual property, patents, agriculture, business, venture capitalism, antitrust, biosecurity and bioethics," said Angela Foster and David Opderbeck, who served as special editors for the issue. "The use of biotechnology has raised a number of legal, ethical and social issues, including who owns genetically modified organisms (GMOs), whether genetically modified foods are safe to eat, and who controls a person's genetic information. This issue explores contemporary biotechnology issues impacting the legal community." A dozen articles explore the topic in the award-winning magazine, beginning with a look at whether organs-on-chips are patentable in an article by Douglas Bucklin. Richard Catalina Jr.'s article on the Biologics Price Competition and Innovation Act follows. Nancy Del Pizzo's article looks at the open source model in biotechnology, while Foster explores the truth and fiction behind genetically modified food. Jonathan Lourie reviews strategic licenses and collaborations. Reproduction is the topic of two articles, one analyzing assisted reproductive technology, written by Alan Milstein, and one penned by Kimberly … Continue reading

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Ecovative lays off 18 as it shifts gears toward bioengineering – Albany Times Union

Posted: Published on August 1st, 2017

Machine operators move protective packaging material, that's made from mushrooms, from molds to a cart on Tuesday, Feb. 16, 2016, at Ecovative Design in Troy, N.Y. From left are Aaron Ford, Lance Tucker and Aldwin Berry. (Cindy Schultz / Times Union) less Machine operators move protective packaging material, that's made from mushrooms, from molds to a cart on Tuesday, Feb. 16, 2016, at Ecovative Design in Troy, N.Y. From left are Aaron Ford, Lance Tucker and ... more Photo: Cindy Schultz Mayor Patrick Madden, center, holds protective packaging while production manager Katie Malysa, right, explains it's made from mushrooms on Tuesday, Feb. 16, 2016, at Ecovative Design in Troy, N.Y. At left is Andy Ross of Ross Valve. (Cindy Schultz / Times Union) less Mayor Patrick Madden, center, holds protective packaging while production manager Katie Malysa, right, explains it's made from mushrooms on Tuesday, Feb. 16, 2016, at Ecovative Design in Troy, N.Y. At left is ... more Photo: Cindy Schultz Machine operator Lance Tucker, right, carries protective packaging material, that's made from mushrooms, on Tuesday, Feb. 16, 2016, at Ecovative Design in Troy, N.Y. (Cindy Schultz / Times Union) Machine operator Lance Tucker, right, carries protective packaging material, that's … Continue reading

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‘Soft’ side of bioengineering poised to make big impacts – Arizona State University

Posted: Published on August 1st, 2017

Arizona researchers, educators, students and representatives of industry, government agencies and health care institutions gathered at the annual ASU Molecular, Cellular and Tissue Bioengineering Symposium in 2016 and 2017 to discuss the potential these fields hold for sparking medical advances. Photo by: Marco-Alexia Chaira/ASU Download Full Image The main thrust of biomedical engineering has long involved the hardware that the field produces devices, tools, machines, electronics and prosthetic apparatuses. Now the spotlight is rapidly being shared by engineers and scientists who are seeking to solve medical challenges through their increasing ability to manipulate cells, molecules, genes, proteins and neural systems those so-called soft, pliant and sometimes living biomaterials. So, about four years ago, it really started to make sense to form a group to strategize about how we could grow this area at ASU, both in the labs and the classrooms, said Haynes, a synthetic biologist and assistant professor of biomedical engineering in ASUs Ira A. Fulton Schools of Engineering. We needed to start connecting with each other, to share knowledge and to collaborate to bring these new things happening in the biomedical field to the forefront here, said Rege, a professor of chemical engineering in the Fulton Schools. The … Continue reading

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Gene Therapy Retrovirus Vectors Explained

Posted: Published on August 1st, 2017

A retrovirus is any virus belonging to the viral family Retroviridae. All The genetic material in retroviruses is in the form of RNA molecules, while the genetic material of their hosts is in the form of DNA. When a retrovirus infects a host cell, it will introduce its RNA together with some enzymes into the cell. This RNA molecule from the retrovirus must produce a DNA copy from its RNA molecule before it can be considered part of the genetic material of the host cell. Retrovirus genomes commonly contain these three open reading frames that encode for proteins that can be found in the mature virus. Group-specific antigen (gag) codes for core and structural proteins of the virus, polymerase (pol) codes for reverse transcriptase, protease and integrase, and envelope (env) codes for the retroviral coat proteins (see figure 1).Figure 1. Genome organisation of retroviruses. The process of producing a DNA copy from an RNA molecule is termed reverse transcription. It is carried out by one of the enzymes carried in the virus, called reverse transcriptase. After this DNA copy is produced and is free in the nucleus of the host cell, it must be incorporated into the genome of the … Continue reading

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Vectors in gene therapy – Wikipedia

Posted: Published on August 1st, 2017

Gene therapy utilizes the delivery of DNA into cells, which can be accomplished by several methods, summarized below. The two major classes of methods are those that use recombinant viruses (sometimes called biological nanoparticles or viral vectors) and those that use naked DNA or DNA complexes (non-viral methods). All viruses bind to their hosts and introduce their genetic material into the host cell as part of their replication cycle. This genetic material contains basic 'instructions' of how to produce more copies of these viruses, hacking the body's normal production machinery to serve the needs of the virus. The host cell will carry out these instructions and produce additional copies of the virus, leading to more and more cells becoming infected. Some types of viruses insert their genome into the host's cytoplasm, but do not actually enter the cell. Others penetrate the cell membrane disguised as protein molecules and enter the cell. There are two main types of virus infection: lytic and lysogenic. Shortly after inserting its DNA, viruses of the lytic cycle quickly produce more viruses, burst from the cell and infect more cells. Lysogenic viruses integrate their DNA into the DNA of the host cell and may live in … Continue reading

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Chiesi hands back gene therapy to uniQure | BioPharma Dive – BioPharma Dive

Posted: Published on August 1st, 2017

Dive Brief: Even as gene therapies are being touted as the next wave of innovation that could offer cures for certain genetic conditions, it remains to be seen whether these products are actually commercially viable. There has yet to be a gene therapy approved in the U.S. (although Spark Therapeutics' application is pending), but two of the transformative drugs have been on the market in Europe. Yet neither of those commercially available gene therapies have found much success. GlaxoSmithKline plc. said just last week it is looking to move away from its rare disease portfolio, including the gene therapy Strimvelis. Meanwhile, uniQureannounced back in April it would not renew the marketing authorization application in Europe for its already-approved gene therapy Glybera. This latest move by Chiesifurther exemplifies the challenges gene therapy producers face. The announcement ends a deal which has been in place since 2013. Chiesisaid in a statement that the decision was "driven by recent changes in our strategic priorities." uniQuretried to put brave face on the news, but partnership exits are rarely good news for a biotech. "By regaining unencumbered, global rights to a late-stage program that has demonstrated significant clinical benefit for patients with hemophilia B, we … Continue reading

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Philly drug maker seeks approval in EU for gene therapy – Philly.com

Posted: Published on August 1st, 2017

Philadelphia gene therapy company Spark Therapeutics has applied to the European Medicines Agency for approval to sell its treatment of rare inherited blindness in the European Union. The experimental therapy, Luxturna, or voretigene neparvovec, is under priority review with the U.S. Food and Drug Administration, with a possible approval date of Jan. 12, 2018. Spark was spun out of Childrens Hospital of Philadelphia, based on research led by Katherine A. High, Sparks cofounder, president, and chief scientific officer. If approved, it would be the first gene therapy for a genetic disease in the United States. With Luxturna now in regulatory review on both sides of the Atlantic, we are building out our medical and commercial infrastructure to bring the drug to patients, said John Furey, Sparks chief operating officer. For the first time, adults and children, who otherwise would progress to complete blindness, have hope for a potential treatment option that may restore their vision, he said. About 3,500 people in the United States and Europe live with the disease. The review period will begin in Europe once the agency validates the application, Spark said. Published: August 1, 2017 3:01 AM EDT | Updated: August 1, 2017 11:40 AM EDT … Continue reading

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Chiesi dumps uniQure’s hemophilia B gene therapy | FierceBiotech – FierceBiotech

Posted: Published on August 1st, 2017

Chiesi has cut its ties to uniQures hemophilia B gene therapy. The split gives uniQure full rights to AMT-060 but leaves it without a partner to cofund R&D as it closes in on the start of a pivotal trial. Italian drugmaker Chiesi picked up the rights to commercialize AMT-060 in certain markets in 2013 as part of a deal that also gave it a piece of Glybera, the gene therapy that made history by coming to market in Europe only to flop commercially. Chiesi backed out of the Glybera agreement earlier this year and has now completed its split from uniQure by terminating the hemophilia B pact. Amsterdam, the Netherlands-based uniQure framed the termination as it reacquiring the rights to AMT-060, rather than Chiesi dumping the program. But as the deal will see money transfer from Chiesi to uniQure and the former stated a shift in priorities prompted it to sever ties to AMT-060, it seems clear the Italian drugmaker wanted to exit the agreement. That leaves uniQure facing the prospect of taking AMT-060 into a pivotal trial without the financial support of a partner. Chiesi and uniQure have evenly shared R&D costs since 2013. The loss of the support … Continue reading

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