Important Innovations Collection

  Sanifit Creating Biotech Treatments For Untreatable Disease                                                                 Source: EIB Biomedical Innovation from Spain The European Investment Bank (EIB) is providing Spain-based biopharmaceutical company Sanifit 20 million euros, on top of the $130 million the company has already raised, to bring to market new, innovative treatments for vascular calcification. This is an area of unmet medical need where there are no treatments.  Sanifit is in Phase 3 trials with what appears to be an effective remedy against this deadly disease. Novel, Innovative Treatments  Sanifit's treatments are targeted against two disease indicators of progressive vascular calcification.  The company has developed SNF472, a potent inhibitor of hydroxyapati...

Cambridge 1 Being Built By US-Based Nvidia                                                       Source  Nvidia For Drug Discoveries and Treatments in COVID World Graphics chip maker Nvidia, based in California, is creating the UK's fastest AI supercomputer for drug discoveries and treatments particularly for Covid-19. The supercomputer is called Cambridge 1. It will go on line by the end of 2020 as the world's 29th most powerful AI supercomputer and the most powerful in the UK.  The participants in the UK health care AI supercomputer effort are impressive.  They include GlaxoSmithKline (GSK), AstraZeneca, King's College, 2 London Hospitals and Oxford Nanopore.   Other Components to This Health Care Discovery Effort GSK and Nvidia have also build a London based AI lab for vaccine and treatment discovery. ...

FDA Okays Gilead's Remdesivir Drug Source:  Gilead Sciences Remdesivir Good News in COVID-19 Fight Finally, some good news to report on the war against COVID-19.  The US Food and Drug Administration has given emergency approval to Gilead Sciences' remdesivir drug to treat  patients with the coronavirus.  President Donald Trump made the announcement. Gilead CEO Daniel O'Day promised that the company is going to donate one  million vials of the drug for treating  patients. Results Tell the Story The FDA emergency order means that doctors can use the drug even though it hasn't gone through the FDA's formal, time-consuming approval process.  The results on this unique drug tell the story. An independent analysis by the US National  Institute of Allergy & Infectious Diseases showed that COVID patients who took the drug usually recovered after 11 days. That is 4 days earlier than patients not given the drug....