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LONDON, July 26 (Reuters) - GlaxoSmithKline is swimming against the tide by getting out of treatments for rare diseases at a time when rivals like Sanofi and Shire see the field as a rich seam for profits.<br><br>If you have any kind of issues concerning wherever and the best way to employ bubble shooter pet, you possibly can e-mail us in our web-page. Successful medicines for rare conditions are potentially very lucrative, since prices frequently run into hundreds of thousands of dollars, but patient numbers can be extremely low.<br><br>New GSK Chief Executive Emma Walmsley announced the strategic review and potential divestment of rare diseases on Wednesday as part of a wide-ranging drive to streamline pharmaceutical operations.<br><br>It follows a less than impressive experience for GSK in the field, including the fact that its pioneering gene therapy Strimvelis only secured its first commercial patient in March, 10 months after it was approved for sale in Europe in May 2016.<br><br>Since then a second patient has also been treated and two more are lined up to receive the therapy commercially, a spokesman said.<br><br>Strimvelis, which GSK developed with Italian scientists, is designed for a tiny number of children with ADA Severe Combined Immune Deficiency (ADA-SCID). SCID is sometimes known as "bubble baby" disease, since those born with it have immune systems so weak they must live in germ-free environments.<br><br>The new treatment became the first life-saving gene therapy for children when it was approved last year, marking a step forward for the emerging technology to fix faulty genes.<br><br>Walmsley said GSK was not giving up on gene and cell therapy entirely. Research will be focused in future in areas with larger potential patient numbers, including oncology. (Reporting by Ben Hirschler; Editing by Adrian Croft)
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Revision as of 10:05, 7 December 2017

WASHINGTON (AP) - U.S. In the event you adored this informative article as well as you desire to acquire more information regarding bubble shooter pet i implore you to stop by our own web-site. home prices reached a new high in May for the sixth straight month, raising fears of another housing bubble shooter pet roughly a decade after a previous one burst.

The Standard & Poor's CoreLogic national home price index increased 5.6 percent in May, the latest data available. It is now 3.2 percent higher than its July 2006 peak.

Some analysts downplay the notion of a new bubble shooter pet, and the unrelenting price increases may already be cooling sales. Other aspects of the last decade's housing boom and bust, such as rapid sales increases and surging home building, aren't happening now.

This Tuesday, May 16, 2017, photo shows new town homes under construction in Woodstock, Ga. The Standard & Poor's/Case-Shiller 20-city home price index for May is released, Tuesday, July 25, 2017. (AP Photo/John Bazemore)

Much of the price gain is being driven by Seattle; Portland, Oregon; and San Francisco. All three cities have strong population growth and more rental properties than other U.S. cities, S&P says.

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