PHARMACY

Gambit gets funding for Alzheimer’s treatment derived from flowers

BY Alaric DeArment

NEW YORK A biotech company in Wales has received funding from a corporate finance firm for production of a drug derived from daffodils to treat Alzheimer’s disease, according to Western Mail, a British newspaper.

Gambit Corporate Finance gave Alzeim $1.4 million to increase production of Galanthamine, which the company has been able to develop at reduced cost.

The drug is available for free in Scotland through the United Kingdom’s national healthcare system, but patients in Wales and England must pay for it privately.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

Medimetriks announces agreement to market treatments for impetigo

BY Alaric DeArment

FAIRFIELD, N.J. Medimetriks Pharmaceuticals has entered into a licensing agreement with Perrigo for U.S. Marketing rights to Centany Ointment and two prescription keratolytic brands, Medimetriks announced Tuesday.

Johnson & Johnson’s OrthoNeutrogena professional division previously marketed Centany, which is used for treating impetigo caused by Straphylococcus aureas and Streptococcus pyogenes bacteria. The Food and Drug Administration approved it in 2002.

The two keratolytic brands are urea-based therapies for treating severe dry skin.

“We are happy to have a partner that brings such a record of success in the branded pharmaceutical business,” Perrigo executive vice president Sharon Kochan said in a statement. “We believe the licensed products are in good hands, given Medimetriks management’s proven abilities in building a successful business in the dermatology and podiatry markets.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

Few healthcare providers receive adequate training, tools to help patients quit smoking

BY Alaric DeArment

NEW YORK A new study suggests that few healthcare workers have sufficient training in smoking cessation to help patients quit.

The study, presented Monday at the annual meeting of the American College of Chest Physicians in Philadelphia, found that 87 to 93 percent of healthcare providers receive less than five hours of smoking cessation training, while less than 6 percent know the governmental Agency for Healthcare Research and Quality’s guidelines for treating people with tobacco dependence.

The study surveyed 600 people working in health care, including physicians, nurse practitioners, pharmacists, social workers and students, and divided them into prescribers and non-prescribers.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?