* Wellcome firm gets approval for cancer imaging agent * First product from Wellcome Trust in two decades * Follows $80 mln biotech windfall for Gates foundation By Ben Hirschler LONDON, May 30 (Reuters) - The Wellcome Trust medical charity is to profit from U.S. approval
Read more(Repeats May 27 story with no changes) By Bill Berkrot NEW YORK, May 27 (Reuters) - Drugmakers are renewing efforts to develop medicines to fight emerging antibiotic-resistant bacteria, but creating new classes of drugs on the scale needed is unlikely to happen without new financial
Read moreBy Bill Berkrot NEW YORK, May 27 (Reuters) - Drugmakers are renewing efforts to develop medicines to fight emerging antibiotic-resistant bacteria, but creating new classes of drugs on the scale needed is unlikely to happen without new financial incentives to make the effort worth the inves
Read more(Corrects headline, first and third paragraphs to show bacteria is resistant to last-resort antibiotic colistin, not all antibiotics) By Ransdell Pierson and Bill Berkrot May 26 (Reuters) - U.S. health officials on Thursday reported the first case in the country of a patient with an i
Read moreLONDON, May 27 (Reuters) - The world's first life-saving gene therapy for children, developed by GlaxoSmithKline and Italian scientists, was approved for sale in Europe on Friday, in a step forward for the pioneering technology to fix faulty genes. Called Strimvelis, it is designed for a t
Read more* Cameron urges G7 to back reward system for new drugs * U.S. sees first case of resistance to last-resort drug * Antimicrobial resistance moving up political agenda (Adds details on problem in U.S., China and Europe) By Kylie MacLellan and Ben Hirschler ISE-SHIMA, Japan
Read moreSHANGHAI, May 27 (Reuters) - China will carry out wide-ranging pricing inspections on drug firms, hospitals and procurement bodies from June 1, the country's top watchdog said on Friday, extending a tough cost-cutting campaign to reduce the price of healthcare. The National Development and
Read more(Releads with CEO comments on Roche stake) ZURICH, May 25 (Reuters) - Swiss drugmaker Novartis is ready to sell its near $14 billion stake in rival Roche without demanding a premium, Chief Executive Joe Jimenez said on Wednesday. Novartis has been discussing options with banks for s
Read moreBy Kirstin Ridley LONDON, May 24 (Reuters) - The Serious Fraud Office (SFO), Britain's leading fraud and corruption investigator and prosecutor, said on Tuesday it was re-examining a funding model that has been criticised for risking weakening investigations and delaying cases. So-cal
Read more* Salford COPD study success follows failure of 2015 trial * 8.4 pct reduction in exacerbations vs standard care (Adds comment from GSK executive and analyst) By Ben Hirschler LONDON, May 24 (Reuters) - GlaxoSmithKline's new inhaled medicine Breo proved significantly better th
Read more(ShareCast News) - GlaxoSmithKline and Innovia announced positive headline results from their Salford lung study of Relvar Ellipta in the treatment of chronic obstructive pulmonary disease (COPD). The study showed Relvar Ellipta achieved a superior reduction in exacerbations versus usual care in pat
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