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     <title>GlaxoSmithKline says Q3 net profits drop 18.5%</title>
   	 <description>British drugmaker GlaxoSmithKline said Wednesday that third-quarter net profits fell 18.5 percent from a year earlier to £1.12 billion ($1.80 billion, 1.39 billion euros), hit by weak conditions in Europe.</description>
	  <link>http://medicalxpress.com/news/2012-11-glaxosmithkline-q3-net-profits.html</link>
	 <category>Other</category>
	 <pubDate>Thu, 01 Nov 2012 05:03:48 EST</pubDate>
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     <title>Japanese firm buys US pharmaceutical company</title>
   	 <description>(AP)—A Japanese pharmaceutical company is acquiring LigoCyte Pharmaceuticals in a $60 million deal to expand its vaccine division, Takeda Pharmaceutical Co. announced.</description>
	  <link>http://medicalxpress.com/news/2012-10-japanese-firm-montana-pharmaceutical-company.html</link>
	 <category>Medications</category>
	 <pubDate>Fri, 05 Oct 2012 12:51:34 EST</pubDate>
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     <title>Valeant agrees to pay about $2.6B for Medicis</title>
   	 <description>(AP)—Valeant Pharmaceuticals International Inc. has agreed to buy dermatology products maker Medicis Pharmaceutical Corp. for about $2.6 billion in cash in a deal to strengthen its position in skin treatments and care.</description>
	  <link>http://medicalxpress.com/news/2012-09-valeant-26b-medicis.html</link>
	 <category>Medications</category>
	 <pubDate>Mon, 03 Sep 2012 15:56:56 EST</pubDate>
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     <title>Merck KGaA suffers setback on cancer drug</title>
   	 <description> German pharmaceuticals maker Merck KGaA said Thursday that phase III clinical trials of its gastric cancer drug Erbitux had shown no benefits for patients. </description>
	  <link>http://medicalxpress.com/news/2012-07-merck-kgaa-setback-cancer-drug.html</link>
	 <category>Cancer</category>
	 <pubDate>Thu, 05 Jul 2012 08:00:31 EST</pubDate>
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     <title>An international treaty is needed to improve medical research worldwide</title>
   	 <description>An international treaty is a promising tool for improving the coherence, fairness, efficiency, and sustainability of the global health research and development system according to international experts writing in this week's PLoS Medicine.</description>
	  <link>http://medicalxpress.com/news/2012-05-international-treaty-medical-worldwide.html</link>
	 <category>Medical research</category>
	 <pubDate>Tue, 15 May 2012 17:00:12 EST</pubDate>
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     <title>World Health Assembly should adopt an international convention on global health R&amp;D: Expert group</title>
   	 <description>The expert working group advising WHO on research and development has recommended the May 2012 World Health Assembly adopt an international convention on research and development (R&amp;D) that will bind member states to action and catalyze new knowledge for diseases that primarily affect the global poor but for which patents provide insufficient market incentives.</description>
	  <link>http://medicalxpress.com/news/2012-05-world-health-international-convention-global.html</link>
	 <category>Health</category>
	 <pubDate>Tue, 15 May 2012 17:00:01 EST</pubDate>
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     <title>New report warns of setbacks in global health progress due to current budget climate</title>
   	 <description>The prospect of deep cuts in the federal budget threatens to reverse the dramatic progress of a bipartisan US commitment to defeat neglected diseases in developing countries, according to a new report released today by the Global Health Technologies Coalition (GHTC). Federal investments in global health research and development (R&amp;D) programs that span multiple agencies have helped nurture an array of new vaccines, medicines, diagnostics, and other health products needed to combat diseases like HIV/AIDS, malaria, tuberculosis (TB), and childhood killers like pneumonia and diarrheal diseases. Despite these advances, President Obama's budget request for 2013 calls for several decreases for global health when compared with last year's levels. Several global health R&amp;D programs at US agencies also saw drastic funding cuts.</description>
	  <link>http://medicalxpress.com/news/2012-02-setbacks-global-health-due-current.html</link>
	 <category>Health</category>
	 <pubDate>Tue, 28 Feb 2012 12:57:56 EST</pubDate>
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     <title>The respective roles of the public and private sectors in pharmaceutical innovation</title>
   	 <description>The study identifies the respective contributions of direct and indirect government support in research and development of new pharmaceutical drugs.</description>
	  <link>http://medicalxpress.com/news/2011-12-respective-roles-private-sectors-pharmaceutical.html</link>
	 <category>Medications</category>
	 <pubDate>Thu, 15 Dec 2011 13:09:13 EST</pubDate>
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     <title>Georgia residents: Investment in global health research is vital to state's economy</title>
   	 <description>Nearly three-quarters (74%) of Georgia residents think spending money on research to improve health globally is important for economic development in Georgia, according to a new statewide poll commissioned by Research!America.</description>
	  <link>http://medicalxpress.com/news/2011-06-georgia-residents-investment-global-health.html</link>
	 <category>Health</category>
	 <pubDate>Wed, 29 Jun 2011 11:22:07 EST</pubDate>
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