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Pakistan says new sampling shows progress against polio
30 May 2016 at 6:49am
ISLAMABAD (AP) ? For the first time in Pakistan's history all the previous month's environmental samples for polio have tested negative ? a sign of progress in the campaign to eradicate the virus, an official said Monday.
Olympics-Worried Gasol wants more Zika details ahead of Rio
30 May 2016 at 6:48am
Chicago Bulls and Spain basketball centre Pau Gasol wants clarity on the Zika outbreak in Brazil before deciding whether to compete at the Olympics in Rio de Janeiro in August. Gasol, who has represented his country at the last three Games, says there is not enough information about the outbreak of the virus that is linked to serious birth defects. "The Olympics can be an opportunity for this virus to spread.
WHO says Zika response plan only 13 percent funded
30 May 2016 at 6:26am
The World Health Organization's Zika response programme is only 13 percent funded, "severely" compromising efforts to combat the virus that is increasingly becoming a global threat, the UN agency said Monday. The UN agency has rejected a call from 150 international doctors to change the timing or location of the Rio Games, with Brazil the country hardest hit by the Zika outbreak. WHO said that shifting the Games would not substantially alter the risks of Zika spreading globally, but has urged athletes and visitors heading to Rio to take extra precaution against the mosquito-borne virus.
Alibaba tells vendors to halt drug sales online, cites government rule change
30 May 2016 at 5:12am
Chinese e-commerce firm Alibaba Group Holding Ltd has told vendors on its Tmall website to stop selling medicine, saying a local regulator has issued an "urgent" directive halting drug sales via third-party platforms. Alibaba, in a notice dated May 27 seen by Reuters, cited a circular from the Hebei province branch of the China Food and Drug Administration (CFDA) on "urgent control measures relating to drug products". The regulator's surprise directive comes as the government promotes retail sales of over-the-counter (OTC) medicine, with a pledge to harness technology to solve issues as varied as high drug prices and snarling hospital queues.
How Wellcome and Gates charities profit from helping biotech
30 May 2016 at 12:49am
The Wellcome Trust medical charity is to profit from U.S. approval of a new diagnostic cancer test, the first commercial product funded by the organization since the sale of its pharmaceuticals business to Glaxo in 1995. The Bill & Melinda Gates Foundation recently made a $80 million profit from selling a stake in Anacor Pharmaceuticals , a firm it had backed for its work on neglected diseases, which is now being bought by Pfizer . With an endowment of $40 billion, the Gates foundation is the world?s largest charity, while Wellcome has an 18 billion pound ($26 billion) investment portfolio.
Exclusive: Chinese, Japanese suitors eye $4 billion sale of CIT plane leasing...
30 May 2016 at 12:21am
By Anshuman Daga and Denny Thomas SINGAPORE/HONG KONG (Reuters) - U.S. lender CIT Group Inc has kicked off the sale of its aircraft leasing assets by inviting more than a dozen entities to consider bidding, including China's HNA Group, Industrial and Commercial Bank of China's ICBC Leasing, and Japan's Orix Corp , sources familiar with the matter said. The sale of CIT's Commercial Air unit could fetch between $3 billion to $4 billion, with Century Tokyo Leasing , sovereign wealth fund China Investment Corp, CDB Leasing, plus some global pension funds and insurers, also invited to bid for the assets, the sources added.
Samsung Bioepis receives final European approval for its Remicade copy
30 May 2016 at 12:07am
South Korea's Samsung Bioepis said on Monday its biosimilar of Johnson & Johnson's blockbuster rheumatoid arthritis drug Remicade has received final approval from European regulators, paving the way for its second product launch in Europe. Samsung Bioepis, an unlisted arm of South Korea's top conglomerate Samsung Group [SAGR.UL], also said last week the biosimilar had been submitted for review in the United States. A relative latecomer to the industry, Samsung Bioepis has found early success by beating rivals to market on some of the world's top-selling drugs.
Finally allowed 2nd child, older Chinese parents turn to IVF
29 May 2016 at 7:27pm
BEIJING (AP) ? China's decision to allow all married couples to have two children is driving a surge in demand for fertility treatment among older women, putting heavy pressure on clinics and breaking down past sensitivities, and even shame, about the issue.
Extending Your Healthy Lifespan
29 May 2016 at 9:41am
At Human Longevity Inc. (HLI), our goal is to extend the healthy human lifespan and to revolutionize healthcare.You've often heard me speak about how converging exponential technologies have the potential to disrupt industries. This is a blog providing a detailed overview of the road map for reinventing medicine and extending your "healthy,...
Child in critical condition after Paris lightning strike
29 May 2016 at 6:51am
PARIS (AP) ? A child remains in critical condition after a lightning bolt disrupted a birthday party in a Paris park, injuring several.
The Best Commencement Speech The Class Of 2016 Could Hear
29 May 2016 at 5:08am
Class of 2016,Congratulations! And welcome to the rest of your historically long lives. It's worth reflecting on a semantic point for a moment: there's a reason this is called a "commencement address." The word commencement means the beginning, not the end. Never before has this been more poignant than it is today. So, here you sit, adorned in...
New incentives needed to develop antibiotics to fight superbugs
29 May 2016 at 4:04am
By Bill Berkrot NEW YORK (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 investment, companies and industry experts said. "The return on investment based on the current commercial model is not really commensurate with the amount of effort you have to put into it," said David Payne, who heads GlaxoSmithKline PLC's antibiotics drug group. Other pharmaceutical companies expressed a similar sentiment.
WHO rejects calls to move Olympics over Zika fears
28 May 2016 at 8:05pm
The World Health Organization has ruled out any change in timing or the location of the upcoming Olympic Games in Rio de Janeiro, shunning a call by doctors and scientists to shift the event over the Zika virus. An open letter addressed to the global health body signed by 150 international doctors, scientists and researchers Friday had called for the August Games to be moved or delayed to help prevent the spread of Zika virus. Holding the Games in Rio, the second worst affected city in Brazil, would be "irresponsible" and "unethical" and could risk spreading the virus to "poor, as-yet unaffected places" like Africa and South Asia, said the letter.
Child still critical after lightning hits 11 in Paris park
28 May 2016 at 6:32pm
PARIS (AP) ? Eight children and three adults were struck by lightning Saturday in a Paris park after a sudden spring storm sent a bolt crashing down upon a children's birthday party, a spokesman for Paris' fire service said. He credited an off-duty firefighter with playing a critical role in getting immediate medical help to the victims, but one child remains in critical condition.
Flint, Michigan, pipe-replacement cost nearly doubles: newspaper
28 May 2016 at 2:35pm
(Reuters) - The cost of replacing water lines in Flint, Michigan, has nearly doubled amid a health crisis from high lead levels in drinking water, the Detroit Free Press reported on Saturday. The average cost for replacing a service water line in Flint through a pilot project that ended this month was $7,500, the newspaper said. The figure is almost twice the $4,000 estimated by the state Department of Environmental Quality at the beginning of Flint's water crisis last fall.