Considering that the federal government funds nearly one-third of all research and development in the U.S., any reduction in funding would hurt. One of the biggest losers of sequestration has been government-backed life science research. A group of industry leaders representing research institutions, including the University City Science Center CEO Stephen Tang, appeared at a […]
Stephen Tang, the CEO of the University City Science Center, says the center gives Philadelphia a unique strength: neutral ground for startups and larger companies and institutions to exchange ideas and collaborate. This kind of meeting place can do everything from provide greater interaction between groups within the life sciences community to provide a forum […]
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.