Genvec going into partnership with Novartis

Novartis is entering into partnership with Genvec for their hearing and balance loss restoration programme.They are spending 5 million upfront to Genvec showing their convidence in Genvec's technology.

If the programme succeeds Genvec will recieve a further 214 million which is a great incentive for Genvec to achieve their goal.

It is nice to know that a pharmaceutical giant with about 99,000 employees and 2008 net income of more than $8 billion has finally come to play in the field of hearing and balance loss.

See :

http://triangle.bizjournals.com/triangle/stories/2010/01/18/daily16.html


http://www.news-medical.net/news/20100119/GenVec-and-Novartis-collaborate-to-develop-novel-treatments-for-hearing-loss-and-balance-disorders.aspx

Recent Advances in Restoration of Hearing

The last ten years have yielded much advances. Hopefully, the next few years will see more breakthroughs !

See :

http://www.drf.org/magazine/38/Winter+2010+Issue/article/303

Stem Cell Treatment Successful in Mice Animal Model

See :

http://www.tinnitusformula.com/infocenter/articles/treatments/haircells.aspx

I believe much progress has been made since the 2004 aritcle. Let's await for more news.

Promising past and coming developments

See :


http://www.rnid.org.uk/howwehelp/research_and_technology/



See :

http://www.rnid.org.uk/howwehelp/research_and_technology/rnid_research_grants/projects/projects/restoring/

See (for projects):

http://www.rnid.org.uk/howwehelp/research_and_technology/rnid_research_grants/projects/projects/restoring/