@FierceBiotech: Survey: Pharma lags peers in gaining trust via social media. Article | Follow @FierceBiotech
@JohnCFierce: Biota (Australia) to merge into U.S. biotech Nabi and move to U.S. Release | Follow @JohnCFierce
@RyanMFierce: Nice visualization of biotech VC trends dating back to '95. Graphics | Follow @RyanMFierce
> OrbiMed has established a $222 million fund to invest in Israeli drug developers. OrbiMed Israel Partners Limited Partnership includes an anchor investment provided by the Israeli government. Release
> A Swiss newspaper reports that Roche ($RHHBY) is approaching several universities to see if it can acquire new sequencing technology. The pharma giant reported this morning that it is returning all the shares tendered on Illumina ($ILMN) after it refused to extend its takeover offer at the end of last week. Story
> Ironwood ($IRWD) announced this morning that the FDA has extended its review of linaclotide by three months. Release
> A top Johnson & Johnson ($JNJ) executive says the pharma giant is open to the idea of expanding its partnership with Vertex ($VRTX) on the hep C front. Both companies are engaged in developing interferon-free therapies and a number of companies are testing various combo regimens to come up with new cocktail treatments. Story
Pharma News
@FiercePharma: Will lame-duck Congress go after pharma's advertising deduction? Ad lobbyists keeping an eye--AdAge. More | Follow @FiercePharma
> China sweeps up dozens in whirlwind drug-capsule probe. News
> Amylin's up for bid; who'll step in line? More
Medical Devices News
@FierceMedDev: Nephros taps John Houghton as president, CEO. Release | Follow @FierceMedDev
> Spurned by Illumina, Roche may be eyeing universities for gene-sequencing tech. Story
> Singapore streamlines fees, approval times for low-risk devices. Article
> FDA trashes European regulatory process. More
Biotech IT News
> NextBio moves genetic analysis software into clinical R&D territory. News
> Survey: Pharma lags peers in gaining trust via social media. More
> GAO report: FDA's IT modernization 'in jeopardy.' Story
> Google VC fuels Series A round for pharma software startup. Article
And Finally... Two bipartisan groups have been gaining support for their calls to increase funding at the NIH. Story