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FINANCE:

The Bulls Strike Back

Podcast: July 3, 2009

The second quarter saw the markets come roaring back as the Dow Jones Industrial Average rose 12 percent and the Nasdaq Composite Index soared 20 percent.  The biotech sector didn’t fare as well, but managed to end the quarter in positive territory as the Burrill Biotech Select Index gained 3 percent. Nevertheless, some biotech stocks, such as Dendreon, showed they could be explosive, while others just seemed to blow up. We spoke to Peter Winter, editor-in-chief of The Burrill Report about the sector’s performance in the second quarter, the financing and dealmaking activity, and what to expect in the second half of 2009.

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VIDEO The Life Sciences in the News

 

Obama Continues Push for Healthcare Reform

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Podcast Why We Must Address The Primary Care Crisis for Healthcare Reform to Succeed


Thomas Bodenheimer thinks it will not be possible to have successful healthcare reform without addressing the crisis in primary care. Bodenheimer, a professor at the Center for Excellence in Primary Care in the Department of Family and Community Medicine at the University of California, San Francisco recently co-authored a perspective for the New England Journal of Medicine in which he agrues that a comprehensive federal initiative is needed to revitalize primary care in the United States.  We spoke to Bodenheimer about why young physicians are not pursuing careers in primary care medicine, why fixing this problem is critical to fixing healthcare, and whether or not the problem is recognized by lawmakers hammering out healthcare reform legislation.

By the numbers Summer Sizzle

Plenty of executives shook hands last week as a rife of dealmaking swept the life sciences sector. Among those were executives at Johnson & Johnson and Elan Pharmaceuticals, who ended months of rumors as J&J agreed to acquire the rights to Elan's Alzheimer's Immunotherapy Program and make an equity investment in the Ireland-based company. The Alzheimer's program, a partnership with Wyeth through a newly formed J&J company, will initially commit up to $500 million to continue to develop and launch bapineuzumab. The potential first-in-class treatment is being evaluated for slowing the progression of Alzheimer's disease, as well as other compounds.