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Pennsylvania Bio Watch.
PA Bio Watch
Volume 8 Issue 2
Topics
President's MessagePennsylvania Bio UpdatesInside The Industry
Regional NewsFunding FocusGovernment Watch
Membership Corner  
President's Message

March 11, 2010: Pennsylvania Bio's Annual Dinner

By Dennis M. "Mickey" Flynn
President
Pennsylvania Bio

Next week, on Thursday March 11th, the Pennsylvania Bio Community will again come together for our annual celebration of the industry's innovation, of leadership, and of community. It's our Association's premier event, and if you haven't yet purchased your ticket, there's a little time left to do so, and this year it's an event you definitely don't want to miss.

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Pennsylvania Bio Updates

Register Now for the 2010 Annual Dinner & Awards Celebration

Individual Registration Deadline Extended Until Thursday, March 4th

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Don't Miss Our Upcoming CEO Roundtable

April 15, 2010
The Desmond Great Valley Hotel

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Inside The Industry

QR Pharma Receives US Patent 7,625,942 to Treat Down Syndrome

QR Pharma, Inc., a developer of novel drugs to treat Alzheimer’s disease (AD), has announced that it was issued U.S. Patent No. 7,625,942, a "Method of Treating Down Syndrome" by the U.S. Patent and Trademark Office

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LifeSensors Inc. Develops Gender Sorting Sensor Brightening the Poultry Industries Future

LifeSensors, Inc. has announced a new sensor technology for determining the gender of poultry in ovo

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PolyMedix Announces Planned Milestones for 2010

On-Track to Initiate 4 Clinical Trials

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BioClinica Inks Multi-Year Outsourcing Deal with Leading Biopharmaceutical Company

Company will Standardize Electronic Data Capture and Global Data Management for Frazer, Pennsylvania-based Cephalon, Inc.

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Discovery Laboratories Inc. Plans to Conduct Additional Preclinical Work on Surfaxin

Kensey Nash Announces CE Mark Approval for Cartilage Repair Device

FDA Accepts Cephalon, Inc. Treanda New Drug Application for the Treatment of Relapsed Indolent Non-Hodgkin's Lymphoma

Cephalon, Inc. announced that the U.S. Food and Drug Administration has accepted the company's new drug application for Treanda

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Auxilium Announces U.S. Food and Drug Administration Approval for Xiaflex for the Treatment of Dupuytren's Contracture

Auxilium Pharmaceuticals, Inc. received marketing approval from the U.S. Food and Drug Administration (FDA) for Xiaflex

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Pfizer Receives FDA Approval for Prevnar 13TM for the Prevention of Invasive Pneumococcal Disease in Infants and Young Children

Shire Provides Update on Biologics License Application (BLA) Filing for REPLAGAL® (agalsidase alfa) with the U.S. Food and Drug Administration (FDA)

Shire plc, the global specialty biopharmaceutical company, announces it has received Fast Track designation from the FDA for REPLAGAL® (agalsidase alfa), its enzyme replacement therapy for Fabry disease

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YM BioSciences granted two US patents for AeroLEF

YM BioSciences Inc. announced that it has been granted two additional patents in the US for AeroLEF.

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Regional News

Ben Franklin to Invest $599,800 to Support Northeastern PA Economic Development

Delaware Valley Innovation Network Completes Three-Year Life Sciences Job Creation Mission

Funding Focus

Pitt-led Team Gets $5.6 Million Contract to Develop Heart Assist Device for Infants and Toddlers

Researchers at the University of Pittsburgh and their collaborators have been awarded a $5.6 million federal contract to pursue the continued development of an implanted ventricular assist heart pump for infants and small children with congenital or acquired heart disease.

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invivodata, inc. Receives Financing from MMV Financial

invivodata, inc., the industry leader in patient reported outcomes (PRO) solutions and consulting services for global clinical research, announced that it has secured an undisclosed amount of financing from MMV Financial ("MMV").

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Government Watch

Continued Support of Our Life Sciences Legacy

Representative John Hornaman
3rd Legislative District

I was very proud in September 2008 to be named a co-chair of the House Life Sciences Caucus. As we look at the challenges facing not only Pennsylvania, but the nation, during these current economic problems, we must look to industries that have their foundation in innovation to spur growth. In Pennsylvania, we have a strong legacy in the life sciences that we need to continue to support. The industry is already one of Pennsylvania's strengths, and it is an area that, with the right policies, we can continue to lead in globally. The job that we have as a Life Sciences Caucus is to address policy issues that are important to the biotechnology and life sciences industry in Pennsylvania so we can realize this continued growth.

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Pennsylvanians Mourn the Loss of Congressman John Murtha

Representative John Murtha, 77, died February 8th following complications with gallbladder surgery at Virginia Hospital Center in Arlington, Va. Congressman Murtha represented the 12th District of Pennsylvania, which encompasses a large portion of the southwestern corner of the Commonwealth. Congressman Murtha had been representing Pennsylvania in Congress for 36 years, and recently, on February 5, 2010, became the longest serving member of Congress from Pennsylvania.

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Governor Rendell Delivers 2010-11 Budget Address

On February 9th, Governor Rendell outlined his 2010-11 budget proposal to the Pennsylvania General Assembly.

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PA Legislature Holding Budget Hearings

The Senate and House Appropriations Committees have been holding hearings with State Agencies on the Governor's proposed 2010-11 Commonwealth Budget. The Legislature will return to session March 8.

Senators Pileggi, Mellow Name Members to Cost Study Commission; First Meeting Held on Feb. 19

Senator Majority Leader Dominic Pileggi (R-9) and Senate Democratic Leader Robert Mellow (D-22) announced the names of members appointed to the Government Management and Cost Study Commission created by Senate Resolution 161.

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Revenue Department Releases February Collections

Acting Secretary of Revenue C. Daniel Hassell reported that Pennsylvania collected $1.5 billion in General Fund revenue in February, which was $102.3 million, or 6.4 percent, less than anticipated. Fiscal year-to-date General Fund collections total $16 billion, which is $476.7 million, or 2.9 percent, below estimate.

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Membership Corner
Member Benefit Update

Have You Checked Out W.B. Mason for Your Office Supplies, HP, and Coffee Needs?

W.B. Mason is the largest privately-owned office products dealer and the fastest-growing independent office supply company in the United States.

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Profiled Member

PolyMedix

PolyMedix is a publicly traded biotechnology company focused on developing novel, first of their kind therapeutic drugs to treat infectious diseases and acute cardiovascular disorders. Headquartered in Radnor, PA, PolyMedix was founded in 2002 after obtaining an exclusive license to the computational drug design technology which was created by National Academy of Science members Drs. William DeGrado and Michael Klein at the University of Pennsylvania. This technology was designed to create small molecule compounds that mimic the activity of proteins. With this technology, PolyMedix has developed a robust pipeline of product candidates that meet the company's business model, including, addressing major unmet medical needs, conducting relatively fast and inexpensive clinical trials that demonstrate early clinical proof-of-concept and selecting indications with straightforward clinical endpoints.

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New Members

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biosciences by developing a cohesive community that unites the region's
biotechnology, pharmaceutical, research, and financial strengths.
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