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Showing posts from September, 2020

Oxford to study anti-inflammatory drug as potential COVID-19 treatment

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Oxford University said on Wednesday it would study whether the world’s best-selling prescription medicine, adalimumab, was an effective treatment for COVID-19 patients – the latest effort to repurpose existing drugs as potential coronavirus therapies. Adalimumab, which is sold under the brand name Humira by AbbVie, is a type of anti-inflammatory known as an anti-tumour necrosis factor (anti-TNF) drug. Recent studies have shown that COVID-19 patients already taking anti-TNF drugs for inflammatory bowel disease and inflammatory arthritis are less likely to be admitted to hospital, Oxford said in a statement. Oxford’s trial, called AVID-CC, will be aimed at treating people in the community, especially in care homes, the university said. It will enrol up to 750 patients from community care settings throughout Britain. Humira is used to treat a range of conditions including rheumatoid arthritis, Crohn’s disease, ulcerative colitis and psoriasis. The availability of biosimilar versions...

Move to sell extra telecom spectrum for $1bn

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Pakistan will this week begin the process of selling unused telecom spectrum in an auction it hopes will raise around $1 billion and enhance network capacity, said three senior government officials familiar with the matter. The spectrum is in the 1800 and 2100 MHz bands typically used by operators for 4G LTE (long-term evolution) networks that offer faster video streaming and internet downloads, said the officials. They asked not to be named as they were not authorised to discuss the matter with the media. The country plans to kick-start the process by laying out plans to retain an international consulting firm that would design the auction process, and advise on base pricing and other details, they said, adding that no sale date has yet been set. Pakistan is anxious to replenish state coffers that have been hit by a slump in the economy and in tax collections exacerbated by the coronavirus pandemic. A spokesman for Pakistan Telecommunication Authority (PTA) said the process to ...