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COVID-19 vaccine development built on >$17 billion in NIH funding for vaccine technologies - Vimarsana News

COVID-19 vaccine development built on >$17 billion in NIH funding for vaccine technologies

Credit: © Center for Integration of Science and Industry at Bentley University The unprecedented development of COVID-19 vaccines less than a year after discovery of this virus was enabled by more than $17 billion of research on vaccine technologies funded by the NIH prior to the pandemic, according to new research from Bentley University'sCenter for Integration of Science and Industry. The article, titled "NIH funding for vaccine readiness before the COVID-19 pandemic," demonstrates the critical role this broad foundation of government-funded research plays in ensuring vaccine readiness. Th...

Majority of biotech companies completing an IPO from 1997-2016 achieved product approvals - Vimarsana News

Majority of biotech companies completing an IPO from 1997-2016 achieved product approvals

 E-Mail IMAGE: Estimated probability (Kaplan-Meier) of a company with IPO from 1997-2016 having at least one product approved by year after IPO for small molecules versus biologicals. view more  Credit: Center for Integration of Science and Industry, Bentley University A large scale study from Bentley University of the biotechnology companies that completed Initial Public Offerings from 1997-2016 estimates that 78% of these companies are associated with products that reach phase 3 trials and 52% are associated with new product approvals. The article, titled "Late-stage product deve...