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FDA approves drug to fight heart failure - Sun, 19 Apr 2015 PST

2015-04-19 11:52:31| Biotech - Topix.net

Patients with chronic heart failure, a disabling, deadly disease that worsens as the heart gradually pumps less efficiently, are getting a much-needed new option with U.S. approval of a novel drug from Amgen Inc. Corlanor is the first medication in a dozen years for heart failure, which is becoming more common with obesity - and more people surviving heart attacks due to better treatments. Meanwhile, the Food and Drug Administration is reviewing another heart failure pill, from Novartis AG, and could approve it this summer.

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Signs indicate healthy stretch for Ethan Allen - Sun, 12 Apr 2015 PST

2015-04-12 10:42:21| Furniture - Topix.net

Ethan Allen Interiors , the home-furnishing and interior design specialist, relies on a healthy U.S. economy and low lending rates to push its business higher - and these days, both of those factors are present. In the fourth quarter, U.S. GDP advanced 2.6 percent, and interest rates are still near record lows.

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Motley Fool: Biotech a good bet for long-term plans - Sun, 05 Apr 2015 PST

2015-04-05 12:08:29| Biotech - Topix.net

The biotech arena can be a risky one for investors, as many drugs, which take many years and a lot of money to develop, never end up winning FDA approval. It's also a difficult industry for non-science types to understand.

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Science, patients drive fight against rare diseases - Sun, 29 Mar 2015 PST

2015-03-29 10:18:27| Biotech - Topix.net

The global pharmaceutical industry is pouring billions of dollars into developing treatments for rare diseases, which once drew little interest from major drugmakers but now point the way toward a new era of innovative therapies and big profits. The investments come as researchers harness recent scientific advances, including the mapping of the human genome, sophisticated and affordable genetic tests and laboratory robots that can screen thousands of compounds per hour in search of the most potent ones.

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Textron bucks trend, keeps profits aloft - Sun, 22 Mar 2015 PST

2015-03-22 09:04:39| Airlines - Topix.net

The aviation and defense industries aren't typically fast-growing ones, especially since they're often vulnerable to cuts in government spending. An exception, though, might be Textron , a manufacturer of business jets and single-jet Cessnas, military helicopters and protection systems, and an array of auto parts.

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