Tag Archives: Drug development

U.S. Government Starts its Own Drug Company

The U.S. government, faced with a diminished drug-development pipeline in the private sector, is starting its own federal drug development center. The National Center for Advancing Translational Sciences will receive $1 billion in funding to conduct drug research, with the goal of attracting private investors. In the past, the National Institutes of Health have usually […]

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Federal Research Center Will Help Develop Medicines

Makes me gag… By GARDINER HARRIS   The Obama administration has become so concerned about the slowing pace of new drugs coming out of the pharmaceutical industry that officials have decided to start a billion-dollar government drug development center to help create medicines. The new effort comes as many large drug makers, unable to find enough […]

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