Insulin independence trials
Her research team, Perle Bioscience, has kicked off its Insulin Independence Trial in Rome, with the goal of winning a U.S. patent. The trials will occur in 6 to 8 locations throughout Italy. The therapy combines low doses of cyclosporine with a proton pump inhibitor that encourages the pancreatic ducts to create new islet-producing cells.
FDA fast-tracks retinopathy therapy
According to a Healio report, a new therapy to treat diabetic retinopathy is getting a helping hand from government regulators. Shortly after trials proved the eyecare drug Lucentis worked better than existing therapies in treating diabetic retinopathy, the FDA has given the drug “breakthrough” status. This means that health regulators will do what they can to speed up the process to get the drug approved to treat the condition. Currently, the drug is approved for several other uses, including non-diabetic retinopathy.
A wound-healing patch
Wound care with white blood cells
Insulin Nation has learned that a biotech company called Macrocure is conducting Phase III trials of a treatment for wounds below the knee for people with diabetes and others. The trials will test a treatment called CureXcell, which injects into the body a suspension of living white blood cells to stimulate healing. The treatment has already cleared regulatory hurdles in Israel.
New rapid-acting insulin
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Mixed signals for Medtronic-Covidien merger
The long-debated potential merger between medical device makers Medtronic and Covidien has experienced a few more twists and turns, according to reports in Fierce Medical Device. European health regulators have given their blessing for the merger, as long as the companies agree to divest part of Covidien’s business beforehand. Meanwhile, the IRS is taking both companies to court over allegations that they have been hiding profits in locales with favorable tax rates. Critics have long contended that the merger is a scheme to avoid taxes by shifting Medtronic’s headquarters to Ireland, where Covidien is based, which has a much lower corporate tax rate.
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