Islamophobia threatens global peace and coexistence, not just Muslims, says MWL chief at UN    Power bank likely caused South Korea plane fire, investigators say    Gold prices hit $3,000 for the first time as investors push the panic button    Hungary drops veto and agrees to prolong EU sanctions on Russian individuals    China hits out at 'threats of force' on Iran as Trump pushes for new nuclear deal    Makkah Lanterns Festival returns for the eighth year as part of Ramadan activities    Crown Prince receives Yazeed Al-Rajhi after historic Dakar Rally 2025 victory    SR17 million fines slapped on 16 individuals and companies convicted of violating Capital Market Law    Saudi Arabia welcomes border agreement between Tajikistan and Kyrgyzstan    Saudi ambassadors take oath before Crown Prince    16 endangered species released into AlUla's Protected Areas    Saudi Crown Prince reaffirms support for a political solution to Ukraine crisis in call with Putin Putin praises Saudi Arabia's constructive role and mediation efforts    NCM forecast: Thunderstorms to hit most Saudi regions until Monday    Saleh Al-Shehri's late penalty rescues Al Ittihad against Al Riyadh    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Neuroscience under threat as Big Pharma backs off
Kate Kelland
Published in The Saudi Gazette on 13 - 02 - 2011

Scientists worried by waning commitment from major drugmakers to brain research warn the prospect for new drugs to treat diseases like Alzheimers is bleak unless regulators and governments find incentives fast.
Big Pharma is struggling to make money from neuroscience — the science of how the brain works and affects behavior — because research is proving unpredictable and costly at a time when companies are grappling with patent expirations and pressure to cut prices.
Experts in the field of neuroscience say moves by firms like GlaxoSmithKline, AstraZeneca and Merck to back away from some brain research and development (R&D) may sound its death knell in Europe and put it at risk elsewhere if nothing is done to recapture their interest.
They suggest companies could be encouraged to reconsider if they were given the option of sharing the risk of developing new drugs with publicly-funded research institutions, or if current patents were extended to ensure better returns on investment.
“If we think about a whole range of things from multiple sclerosis, to stroke, to Alzheimer's disease, to schizophrenia, to autism, we don't have effective treatments for any of them — and the reason is that we don't really understand the basis of those diseases,” said Colin Blakemore, a professor of neuroscience at Britain's respected Oxford University. “The need for fundamental research that can be drawn on is the only hope for the development of new treatments.”
Potential markets for any new treatments that are developed could be huge, while the economic cost of failing to treat them could be equally big. The number of people with dementia, of which Alzheimer's is the most common form, is expected to double worldwide by 2030 to 66 million, and almost double again to 115 million by 2050.
A report by Alzheimers Disease International recently estimated that the worldwide costs of dementia would reach $604 billion in 2010 — more than one percent of global GDP output — and that those costs would soar as the number of sufferers triples by 2050.
In pain — another area where neuroscience could make headway — experts estimate that in Europe alone, around one in five people suffers chronic pain, a debilitating and costly condition for which there are also few new treatments.
“Neuro-related disorders are enormously important ... they make up around a third of the entire burden of disease globally in the costs in quality of life and in the costs in treatment and care,” Blakemore said.


Clic here to read the story from its source.