Medicine

    • GSK pays $2bn for cancer drug tie-up

      GSK pays $2bn for cancer drug tie-up

      UK leading pharmaceutical producer GlaxoSmithKline announced it had reached an agreement to pay two billion dollars to US iTeos Therapeutics, Reuters reported. The payment is aimed to facilitate a tie-up to develop and sell a potential cancer treatment together. The US firm will receive a $625 million upfront payment and is eligible to get up to $1.45 billion more if the programme meets certain development and commercial milestones.

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    • World's first artificial neurons developed

      World's first artificial neurons developed

      Artificial neurons on silicon chips that behave just like the real thing have been invented by scientists - a first-of-its-kind achievement with enormous scope for medical devices to cure chronic diseases, such as heart failure, Alzheimer's, and other diseases of neuronal degeneration.

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