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FDA tests out ‘real-time' clinical trials; AbbVie closes in on a KRAS biotech [Yahoo! Finance]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Yahoo! Finance
Today, a brief rundown of news involving The Food and Drug Administration and AbbVie, as well as updates from Pfizer, Eli Lilly and GSK that you may have missed. The Food and Drug Administration on Tuesday announced steps toward implementing “real-time clinical trials” to help speed up drug development. AstraZeneca and Amgen began two “proof of concept” studies in cancer to test out the initiative, through which they'll report endpoints and safety signals to U.S. regulators as they happen. In a statement, Commissioner Martin Makary said the agency's goal is to reduce the “lag time” that can delay regulatory decisions and eventually run “real-time, continuous trials across all phases of drug development.” — Ben Fidler AbbVie has secured an option to acquire Kestrel Therapeutics , a startup developing a drug aimed at cancer-driving KRAS mutations, at an agreed-upon price. According to Kestrel, AbbVie will support funding of KST-6051 , a drug that just began human testing and is des Show less Read more
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