Novartis appoints Merck executive as oncology chief

Logo of Swiss drugmaker Novartis is seen at its headquarters in Basel(Reuters) – Swiss drugmaker Novartis AG said it has appointed Bruno Strigini, one of Merck & Co Inc's top executives, to head its oncology unit. Novartis said Strigini, who served as the president of Merck's European and Canadian operations, was appointed with immediate effect. (http://link.reuters.com/tyk79v) Strigini takes over from Alessandro Riva, who headed Novartis' Oncology Development and Medical Affairs division on an interim basis after the departure of Herve Hoppenot earlier in the year. Novartis in April bought London-based GSK's oncology products for $14.5 billion plus another $1. …

GSK in $350 million deal to develop cancer drugs with UK biotech firm: FT

A British Airways airplane flies past a signage for pharmaceutical giant GlaxoSmithKlein in London(Reuters) – GlaxoSmithKline Plc has agreed a deal worth more than $350 million with UK biotech company Adaptimmune to develop cancer drugs, the Financial Times reported on Monday. London-based GSK, which sold its cancer drugs business to Swiss drugmaker Novartis in April, is expected to announce the deal on Monday, according to an FT report. The newspaper said that GSK would pay Adaptimmune as much as $350 million over the next seven years, subject to development milestones being met. The newspaper said GSK would develop cell-based cancer therapies that involve re-engineering patients' white blood cells to improve the body's ability to fight tumors.

U.S. to seek 30 percent cut in power-plant carbon pollution

By Valerie Volcovici and Jeff Mason WASHINGTON (Reuters) – The U.S. Environmental Protection Agency plans on Monday to propose a 30 percent cut in carbon dioxide emissions from the country’s existing power plants by 2030, people briefed on the proposal told Reuters. Word of some of the proposal’s components came before Monday’s unveiling by EPA Administrator Gina McCarthy. They mark the most sweeping and significant environmental regulations introduced by the Obama administration. Although states will be given different targets to meet depending on the carbon intensity of their current power plants, the power sector would need to reduce carbon dioxide emissions by 25 percent on average by 2020 and hit the 30 percent target 10 years later, the sources said.

High-profile Venezuelan prisoner ends hunger strike

An imprisoned former Caracas police commissioner at the center of stalled political talks between Venezuela’s government and opposition ended a hunger strike on Sunday after demands for his release due to frail health were rejected. Ivan Simonovis, 54, was sentenced to 30 years behind bars after being convicted of participating in the assassination of four protesters during a march that triggered a brief coup against the late President Hugo Chavez in 2002. His hunger strike, launched on Tuesday, failed to legally advance the cause of his liberation and went against the will of his family. “I don’t want a dead hero, I want a living husband,” his wife Bony Pertinez told local media.

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