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Pharmaceutical innovations are currently guided by a patent system, [1] the patent system protects the innovator of medicines for a period of time. The patent system does not currently stimulate innovation or pricing that provides access to medicine for those who need it the most, It provides for profitable innovation. [ 2 ]
The video was the creation of a collaboration of 57 unsigned or independent YouTube musicians geographically distributed around the world. [128] The Tokyo Times referred to J Rice's subsequently produced "We Pray for You" video, involving largely the same participants as were in Lavie's video, as an example of a trend to use crowdsourcing for ...
This led to the founding in 1997 of APP Pharmaceuticals, of which he held 80% of the outstanding stock and sold to Fresenius SE for $4.6 billion in July 2008. [36] Soon-Shiong later founded Abraxis BioScience (maker of the drug, Abraxane), [ 5 ] a company he sold to Celgene in 2010 in a cash-and-stock deal valued at just $2.9 billion, earning ...
The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
National Pharmaceutical Council (NPC), member company. NPC is a non-profit that advocates for expanded research funding and innovation. [183] Personalized Medicine Coalition (PMC), member. PMC is a lobbying group with ties to members of the United States Congress. [184] [185] Pharmaceutical Research and Manufacturers of America (PhRMA), member ...
Notable innovations: a large language model (ProGen) that can generate functional protein sequences with a predictable function, with the input including tags specifying protein properties, [362] a deep-learning model (ZFDesign) for zinc finger design for any genomic target for gene- and epigenetic-editing, [363] a second biotech company ...
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Moderna, Inc. (/ m ə ˈ d ɜːr n ə / mə-DUR-nə) [4] is an American pharmaceutical and biotechnology company based in Cambridge, Massachusetts, that focuses on RNA therapeutics, primarily mRNA vaccines. These vaccines use a copy of a molecule called messenger RNA (mRNA) to carry instructions for proteins to produce an immune response.