Amgen must act fast, because copycats are coming for its drugs, too. Thanks to a regulatory ruling last Friday, the biotech company’s cancer drug, Neupogen, will be the first biologic medicine in the U.S. to face competition from a government-approved Acadia Therapeutics, a mid-cap biotech stock, raised eyebrows and sparked suspicion when its share price skyrocketed 17.85 percent on Tuesday. There was no shortage of e-mails sent to the Securities and Exchange Commission on Tuesday, when shares for a Biotech's days of unfettered optimism may be numbered. Since 2011, money has flowed almost nonstop into the industry as investors buy into the promise of new drugs. Signs are increasingly pointing toward an end to the boom. One key measure of investor The Food and Drug Administration approved the first copy of a biotechnology drug for the U.S. market, firing the starting gun on a new industry that could help the U.S. curb its $375 billion in yearly drug spending. The drug is a rival version of Neupogen Biotechnology can be daunting to comprehend as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their families are prohibited Moore, wrote an article in Electronics Magazine on a trend he had been will ramp up across the industry because of this amazing breakthrough. Many in biotech are starting to treat this breakthrough as an “enabling technology” for the industry .
Now, Montgomery County is a hotbed for biotech companies. “I like to think I’ve had a hand in helping the industry get here,” Graham said. “It took a lot of work by both industry and government.” While his company grew, Graham gave back more and The big hospital system’s Clinical Biotechnology Research Institute in downtown Charleston is unveiling its second act, what it calls “the innovation arm.” It has lined up nearly $400,000 from donors to fund the effort, which it expects to become The pending sale of Targacept Inc. – Winston-Salem’s biotechnology face for nearly 15 years – signifies both the ending of a high-profile era and a fresh example of the volatility that comes with hitching economic fortunes to the biotech sector. Bharat Biotech International’s Rotavac, India’s first indigenously developed vaccine, is coming to the market at Rs 54 per dose, even lower than the incredible $1 price point promised two years ago. It prevents diarrhoea, which kills lakhs of children .
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