Jeffrey Frankel is Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government. He directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also a member of the Business Cycle Dating Committee, which officially declares recessions. Other past appointments include the [...]

Jeffrey Frankel is Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government. He directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also a member of the Business Cycle Dating Committee, which officially declares recessions. Other past appointments include the [...]

The news flow from the China biomedical sector slowed considerably last week, probably the summer doldrums. We published the second part of our guest article that updates proposed patent law changes.  GSK completed an unusual deal with generic manufacturer, Aspen PharmaCare; MedMira received a China patent for its diagnostic device and assay; GNI Ltd. of Japan in-licensed a late-stage hepatitis drug from EpiCept; and Genelabs Technologies will collaborate with Taiwan’s National Health Research Institutes and Genovate Biotechnology of Taiwan to develop drugs for hepatitis C virus.  More details... Stock Symbols: (NYSE: GSK) (NSDQ: MMIRF) (TOKYO: 2160) (NSDQ: EPCT) (NSDQ: GNLB)[More...]

GNI (TOKYO: 2160) has in-licensed a late-stage hepatitis drug from EpiCept ( NSDQ: EPCT). GNI now owns the rights for EP1013 in Asia, Australia and New Zealand, while EpiCept retains control of the drug in the rest of the world. GNI, which is based in Japa [More...]

We've entered very interesting week in terms of earnings and economic reports. On the tap there are big blue chips financial earnings coming like JP Morgan, Merrill Lynch or Citigroup. And technology stocks releasing earnings this week; Google, Microsoft or Ebay.

Monday:
Economic NA
Earnings M&T Bank (MTB), Genentech (DNA), Novellus (NVLS)

Tuesday:
Economic PPI & Core (1.3%, 0.3%), Empire (-4.0), Retail Sales (0.3%, 0.8%), Biz Inv’s (0.5%)
Earnings Eaton (ETN), J & J (JNJ), State Street (STT), US Bank (USB), Altera (ALTR), Intel (INTC), Seagate (STX)

Wednesday:
Economic Weekly Crude, CPI & Core (0.7%, 0.2%), Util & Prod (79.4%, 0.2%), FOMC Minutes
Earnings Delta (DAL), Gannett (GNI), Landstar (LSTR), Wells Fargo (WFC), AMR (AMR), eBay (EBAY), Xilinx (XLNX), YUM! Brands (YUM)

Thursday:
Economic Starts & Permits (968K, 970K), Weekly Claims, Philly Fed (-15.2)
Earnings Bank of NY (BK), Coke (KO), Cypress (CY), Harley (HOG), Illinois Tool (ITW), JP Morgan (JPM), Nokia (NOK), Reliance Steel (RS), Sonoco (SON), SunPower (SPWR), Cap One (COF), Google (GOOG), IBM (IBM), Merrill (MER), Microsoft (MSFT)

Friday:
Economic NA
Earnings Amcol (ACO), Citigroup (C), Honeywell (HON), Schlumberger (SLB)