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U.S. Gives Glaxo Up To $200 Million for Antibiotic Research

Concerned about the need to fight antibiotic resistance and possible bioterrorist attacks, the U.S. government will give drug maker GlaxoSmithKline PLC (GSK, GSK.LN) up to $200 million over the next five years to help fund research into new antibiotics.The emergence of so-called superbugs--new bacteria that are resistant to existing antibiotics--has spurred grave concern among public-health officials worldwide and heightened the need for new antibiotics. U.S. officials are also keen to have new antibiotics in hand to fight any lethal bugs that could be deployed in a bioterrorist attack. But many drug companies have stopped working in the antibiotic field because they consider the potential profits to be too low.Under the deal, Glaxo, which still has an antibiotic research group, will receive an initial $40 million over 18 months from the Biomedical Advanced Research and Development Authority, or BARDA, a unit of the Department of Health and Human Services that funds development of new ...

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  1. Roche Agrees to Release Tamiflu Trial Data

    Bowing to years of pressure, Swiss drug maker Roche Holding AG (RO.EB) said Friday it would release clinical trial data for its blockbuster Tamiflu influenza treatme...

  2. Roche Agrees To Release All Tamiflu Trial Data

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