July 2015 - Bioscience Americas

July 2015

Canadian Company Invests $150 Million in Colombia

Colombia continues to attract U.S. and Canadian investment capital. The latest investment group placing capital in Colombia is the Toronto based investment firm Cadillac Fairview. Here’s information from their recent press release announcing the investment. The Cadillac Fairview Corporation Limited, one of North America’s largest developers, investors, owners and managers of commercial real estate, and Terranum Corporate Properties, a Colombian corporate real estate property developer and business unit of the Terranum Group, are pleased to announce a joint [...]

U.S. Shifts Stance on Drug Pricing

Facing resistance from Pacific trading partners, the Obama administration is no longer demanding protection for pharmaceutical prices under the 12-nation Trans-Pacific Partnership, according to a newly leaked section of the proposed trade accord. But American negotiators are still pressing participating governments to open the process that sets reimbursement rates for drugs and medical devices. Public health professionals, generic-drug makers and activists opposed to the trade deal, which is still being negotiated, contend that it will empower big pharmaceutical firms to [...]

Fight Aging

As noted recently by the research group Fight Aging, stem cell research is an enormous field these days. Not a week goes by without the demonstration of some new advance, most of which now skate beneath the notice of the public, and yet as recently as ten years ago would have been major milestones in and of themselves. The wondrous becomes prosaic very quickly indeed in this age of rapid, revolutionary progress in biotechnology. The stem cell field is [...]

Colombia – Latin America’s Economic Powerhouse

The London Telegraph recently carried a story highlighting Colombia’s transformation from the shadow of the drug lords of thirty years ago to Latin America’s fastest growing economy today. The article noted Colombia’s well-educated work force and a strong business class as major factors driving the growth. The statistics bear this out – Colombia’s economy grew a healthy 4.8% last year and is expected to duplicate that level of growth this year. The country’s central bank has also been [...]

Big Pharma Invests in Stem Cell Research

It’s good to see Big Pharma step to the plate and add to research funding. Yahoo News recent reported that stem cell therapies are now getting significant attention from the pharmaceutical industry. This means that Big Pharma is now seeing the huge upside potential of stem cell therapies. While certain things about the stem cell initiative remain controversial –- notably embryonic stem cells –- some interesting events have occurred recently. These events will, perhaps, encourage more companies to consider investing [...]