Pfizer builds on to business with Regenerative Medicine division
LONDON While pharmaceutical companies large and small reduce their workforces and face acquisition amid the economic slump, Pfizer announced Friday that it would launch a new research unit.
The unit, called Pfizer Regenerative Medicine, will build on recent scientific research on the biology of stem cells to discover and develop new regenerative medicines for major medical needs, Pfizer said.
Scientists at the division will explore the use of stem cells to develop future treatments that may prevent disability, repair failing organs and treat degenerative diseases.
“Pfizer Regenerative Medicine represents a great opportunity to focus world-class research in a field that holds considerable promise for biomedical science and for the treatment of many debilitating conditions such as diabetes and neurodegenerative disorders,” Pfizer’s head of worldwide research, Rod MacKenzie, said in a statement.
Sepracor may get incentives to keep its business local
MARLBOROUGH, Mass. Drug maker Sepracor might get tax breaks for building in its hometown.
The MetroWest Daily News reports that the company is constructing new buildings in Marlborough, Mass., and will create 250 new jobs. Local officials proposed the tax breaks to give Sepracor incentives for further development, and the company may save $4.1 million.
The city’s finance committee will vote on the proposal Monday.
H-E-B, RediClinic open largest U.S. retail clinic in Houston area
HOUSTON Clinic operator RediClinic has opened its 15th Houston-area convenient care clinic in the new H-E-B store that, according to the Convenient Care Association, is the largest retail-based clinic in the United States.
The 926-square-foot clinic features three exam rooms and a room specifically for blood draws.
“We are delighted to be expanding out footprint in our home market with the opening of our 15th Greater Houston clinic,” said Web Golinkin, chief executive officer of RediClinic. “The larger clinic design in H-E-B’s new Bunker Hill store enables us to treat more patients and gives us more flexibility in adding new services.”
RediClinic operates 21 clinics in H-E-B stores in Houston and Austin; and 15 clinics in Wal-Mart stores in Atlanta, Ga.; Fayetteville and Rogers, Ark.; Richmond, Va.; and Tulsa, Okla.