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Pharmacy school building will have to wait

Posted: Published on April 27th, 2013

By COLIN M. STEWART Tribune-Herald staff writer Hilos College of Pharmacy must continue to wait on a permanent home, after legislators this week failed to include the $38 million needed for the schools building in the final draft of their $23.8 billion budget for the state. Budget negotiations for fiscal years 2014 and 2015 came to a close on Tuesday evening, well ahead of the Friday deadline. Administrators, students and a community-based network of supporters of the University of Hawaii at Hilo Daniel K. Inouye College of Pharmacy lobbied heavily this year for the funding to begin construction of a permanent facility to house the relatively new program. The college has operated out of multiple temporary locations and trailer classrooms since its launch in 2007. Big Island legislators said Friday that much of the debate came down to the need for upkeep outweighing that of new construction, with many legislators hesitant to fund a new campus building for UH-Hilo when the university system is already wrestling with a $461 million maintenance backlog for its current facilities. I know that $50 million was set aside in the budget for renovations and maintenance, because there was some concern by legislators that there … Continue reading

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New hormone find holds promise for effective diabetes treatment

Posted: Published on April 27th, 2013

Washington, April 26 (ANI): Harvard researchers have discovered a hormone that holds promise for a dramatically more effective treatment of type 2 diabetes, a metabolic illness afflicting millions of people. The researchers at the Harvard Stem Cell Institute (HSCI) believe that the hormone might also have a role in treating type 1, or juvenile, diabetes. The hormone, called betatrophin, causes mice to produce insulin-secreting pancreatic beta cells at up to 30 times the normal rate. The new beta cells only produce insulin when called for by the body, offering the potential for the natural regulation of insulin and a great reduction in the complications associated with diabetes, the leading medical cause of amputations and non-genetic loss of vision. The researchers who discovered betatrophin, HSCI co-director Doug Melton and postdoctoral fellow Peng Yi, caution that much work remains to be done before it could be used as a treatment in humans. But the results of their work, which was supported in large part by a federal research grant, already have attracted the attention of drug manufacturers. "If this could be used in people," said Melton, Harvard's Xander University Professor and co-chair of the University's Department of Stem Cell and Regenerative Biology, … Continue reading

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Cytomedix to Present at the 12th Annual Needham Healthcare Conference

Posted: Published on April 27th, 2013

GAITHERSBURG, MD--(Marketwired - Apr 26, 2013) - Cytomedix, Inc. (OTCQX: CMXI), a regenerative therapies company commercializing and developing innovative platelet and adult stem cell technologies, announced today that Martin Rosendale, the Company's Chief Executive Officer, will present at the 12th Annual Needham Healthcare Conference, on Wednesday, May 1, 2013 in New York. Presentation Details Time: Wednesday, May 1 at 11:20am Eastern / 8:20am Pacific Room: Ambassador Room Location: Westin Grand Central Hotel, 212 E 42nd St, New York, NY A live webcast of the presentation may be accessed through the Company's website at http://www.cytomedix.com. A replay of the webcast will be available for one week following the conference. About the Needham Healthcare ConferenceNeedham & Company's 12th Annual Healthcare Conference will take place in New York on April 30th and May 1st. This is a forum for institutional investors and venture capital firms to hear the latest updates from senior management teams of both public and private companies in the Biotechnology, Specialty Pharmaceuticals, Medical Technology and Diagnostics sectors. This conference is by invitation only. About Cytomedix: Cytomedix, Inc. is an autologous regenerative therapies company commercializing innovative platelet technologies for orthopedics and wound care with a pipeline of adult stem cell therapies … Continue reading

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Hormone Dramatically Increases Insulin Production, Possible Diabetes Breakthrough

Posted: Published on April 27th, 2013

Editor's Choice Main Category: Diabetes Article Date: 26 Apr 2013 - 9:00 PDT Current ratings for: Hormone Dramatically Increases Insulin Production, Possible Diabetes Breakthrough 4.25 (16 votes) 4.2 (5 votes) The authors wrote that betatrophin might also help patients with type 1 diabetes, or juvenile diabetes when they are first diagnosed. In animal experiments the researchers found that betatrophin caused laboratory mice to produce beta cells at up to 30 times the normal rate. Beta cells are the insulin-secreting cells in the pancreas - put simply, beta cells produce insulin. These new beta cells only produce insulin when the body requires it. The scientists explained that this breakthrough could mean that type 2 diabetes patients may have a natural regulation of insulin, plus a considerable reduction in diabetes-related complications. Diabetes is a major cause of amputations and non-genetic loss of vision. HSCI Co-Director Doug Melton and postdoctoral fellow Peng Yi, who both discovered betatrophin, stressed that a great deal of work remains to be done before trying the hormone out on humans. They added that their work so far, which was mainly funded by a federal research grant, has already attracted the attention of pharmaceutical and biotech companies. Doug Melton, … Continue reading

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Many Kids Who Undergo Stem Cell Transplants Must Return to Hospital

Posted: Published on April 27th, 2013

WEDNESDAY, April 24 (HealthDay News) -- Nearly two-thirds of children who received stem cell transplants were readmitted to the hospital within six months for treatment of problems such as infections and unexplained fevers, a new study finds. Children who were given stem cells donated by other people were twice as likely to be readmitted as those who received their own stem cells, said the researchers at Dana-Farber/Children's Hospital Cancer Center in Boston. "No one had ever looked at these data in children," Dr. Leslie Lehmann, clinical director of pediatric stem cell transplantation, said in a cancer center news release. "This is very important information and will allow us to counsel families appropriately, as well as try to devise interventions that reduce the rate of readmissions." Lehmann and Harvard Medical School student David Shulman analyzed the medical records of 129 children who had stem cell transplants from 2008 to 2011 and found that 64 percent of them had at least one hospital readmission within 180 days after their transplant. Fever without a known cause accounted for 39 percent of readmissions, infections for 24 percent, and gastrointestinal problems for 15 percent, the study found. "Most of the patients went on to be … Continue reading

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Osiris Therapeutics Announces First Quarter 2013 Financial Results Conference Call

Posted: Published on April 26th, 2013

COLUMBIA, Md.--(BUSINESS WIRE)-- Osiris Therapeutics, Inc. (OSIR) today announced that it will report its financial results for the first quarter ended March 31, 2013, on Tuesday, May 7, 2013. C. Randal Mills, Ph.D., President and Chief Executive Officer, and Philip R. Jacoby, Jr., Chief Financial Officer, will provide a company update and discuss results via a webcast and conference call on Tuesday, May 7, 2013 at 9:00 a.m. ET. To access the webcast, visit the Investor Relations section of the company's website at http://investor.osiris.com/events.cfm. Alternatively, callers may participate in the conference call by dialing (877) 303-6133 (U.S. participants) or (970) 315-0493 (international participants). An archive of the webcast will be available approximately two hours after the completion of the call. To access the archived webcast, visit the Investor Relations section of the company's website at http://investor.osiris.com/events.cfm. About Osiris Therapeutics Osiris Therapeutics, Inc., is the leading stem cell company, having developed the worlds first approved stem cell drug, Prochymal. Osiris currently markets Grafix and Ovation for wound and tissue repair, and CartiformTM for cartilage repair. Osiris is a fully integrated company with capabilities in research, development, manufacturing and distribution of cell therapy products. Osiris has developed an extensive intellectual property portfolio … Continue reading

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Stemedica Enters into Stem Cell Licensing Agreement with Kalbe Farma

Posted: Published on April 26th, 2013

Stemedica Asia PTE, LTD, a wholly owned subsidiary of Stemedica Cell Technologies, Inc., a leading manufacturer of adult allogeneic stem cells and stem cell factors, announced that the Company has entered into a definitive licensing agreement with the Stem Cell and Cancer Institute, a division of PT Kalbe Farma (Kalbe). San Diego, CA (PRWEB) April 25, 2013 Headquartered in Central Jakarta, Indonesia, Kalbe is the largest publicly listed pharmaceutical company in Southeast Asia with close to US $6.5 billion in market capitalization as of Q1 2013. Established in 1966, Kalbe has expanded by strategic acquisitions of companies involved in prescription and over-the-counter pharmaceuticals, energy drinks and nutritional products. Kalbes Prescription Pharmaceutical Division features a complete product range including the manufacture of generics and licensed drugs. Pharma Metric Labs, a Kalbe company, is an independent Contract Research Organization (CRO) providing global studies in oncology, monoclonal antibodies and stem cells. Kalbes packaging and distribution capabilities allow the company to reach over one million outlets with their brands. Kalbes Stem Cell and Cancer Institute was established in 2006 as part of Kalbes founder Dr. Boenjamin Setiawans belief that stem cells and regenerative medicine represent the future of medicine. According to Dr. Setiawan, Our … Continue reading

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UCB Sales Drop in 1Q

Posted: Published on April 26th, 2013

UCB (UCBJY) recently reported results for the first quarter of 2013. Revenues fell 8.2% year over year to approximately $1.1 billion due to generic erosion of Keppra and a delayed allergy season. All growth rates mentioned below are on a year-on-year basis and at CER. While Cimzia (Crohns disease and rheumatoid arthritis) sales increased 27% in the reported quarter, Vimpat (epilepsy) sales increased 16%. Neupro, which is marketed as a treatment for Parkinsons disease (:PD) and restless legs syndrome (:RLS), delivered sales growth of 37%. However, sales of Keppra, another epilepsy treatment, declined 22%. Sales were hurt by generic competition in the US and Europe. Pipeline Update Vimpat as monotherapy met its primary endpoint in a phase III study on epilepsy in the US. The company intends to file for US approval in the second half of 2013. For the PD and RLS indications, Neupro received regulatory approval in Japan in Dec 2012. UCBs partner, Otsuka Pharmaceuticals, has launched Neupro in Japan. For the RA indication, Cimzia was approved in Japan in Dec 2012. UCBs partner Astellas Pharma, Inc. (ALPMY) has launched the drug in Japan. UCB is currently looking to get Cimzias label expanded for the treatment of active … Continue reading

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Loyola Redesignated as Level 4 Epilepsy Center

Posted: Published on April 26th, 2013

MAYWOOD, Il. - Loyola University Medical Center has been redesignated as a Level 4 Epilepsy Center by the National Association of Epilepsy Centers (NAEC). Level 4 is the highest level of specialized epilepsy care available. Level 4 centers have the professional expertise and facilities to provide the highest level of medical and surgical evaluation and treatment for patients with complex epilepsy. U.S. News and World Report includes NAEC Level 4 adult epilepsy centers as part of its America's Best Hospitals rankings. The NAEC is a nonprofit association of specialized epilepsy centers in the United States. The organization works to connect people with epilepsy to specialized epilepsy care, and to support epileptologists and administrators in the operation of their epilepsy centers. Loyola's Epilepsy Center offers a comprehensive multidisciplinary approach to epilepsy and seizure disorders for adults and children as young as 2 years old. Pediatric and adult epileptologist consultation and state-of-the-art neuroimaging and electrodiagnostic technology are used to identify and assess complex seizure disorders by short- and long-term monitoring. Read more here: Loyola Redesignated as Level 4 Epilepsy Center … Continue reading

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Geisinger, Bucknell Open Autism and Developmental Medicine Center

Posted: Published on April 26th, 2013

Newswise LEWISBURG, Pa. Officials from Geisinger Health System and Bucknell University celebrated the grand opening of the Autism and Developmental Medicine Center, a national model for implementing guidelines for early diagnosis, medication management and treatment options for children with developmental disorders. The Autism and Developmental Medicine Center gives children and families who face the challenges of developmental disorders the opportunity to receive a diagnosis and treatment through an enhanced model of care, said Glenn D. Steele Jr., M.D., Ph.D., president and chief executive officer at Geisinger Health System. The result is that families will have access to the latest treatment options, research initiatives and targeted clinical studies right here in central Pennsylvania." The Geisinger-Bucknell Autism and Developmental Medicine Center is opening under the larger auspices of Geisingers Autism and Developmental Medicine Institute, a system-wide initiative of Geisingers Department of Research. Disorders treated at the Lewisburg center will include autism spectrum disorders (ASDs), a collection of developmental disabilities categorized by impairments in communication, social interaction, and repetitive, restrictive patterns of behavior, as well as other related neurodevelopmental disorders. The new center was developed by David H. Ledbetter, Ph.D., executive vice president and chief scientific officer at Geisinger Health System, in partnership … Continue reading

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