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Pfizer Inc聽and聽Quark Biotech, Inc. have announced that they have entered into an agreement under which Pfizer acquires an exclusive worldwide license to Quark's human gene RTP-801 and to
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molecules that modify its expres
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sion or function. RTP-801 is involved in the development of pathologic blood vessels which accelerate the progression of age-related macular degeneration (AMD). The agreement is subject to clearance by the U.S. Federal Trade Commission."Despite advances in research and the availability of new treatment options, there remains a need for new approaches to improve the lives of patients with AMD," said Martin Mackay, Ph.D., Pfizer senior vice president Worldwide Research and Technology. "We are excited about the potential of RTP-801 to preserve vision in patients with wet AMD who have an increased risk of progressive eye damage and vision lo
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ss.""We are pleased that Pfizer has chosen our novel target RTP-801 and biomolecules for its drug development program," said Daniel Zurr LAHORE:A faculty member, drawing salary under the Tenure Track System (TTS), has been appointed the Government College University (GCU) registrar in violation of Higher Education Commission (HEC) rules.In a letter written on April 12, the HEC had asked vice chancellors across the country to not appoint a faculty member, hired on the TTS basis, to an administrative post in line with the TTS Statues Clause 2.3
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.The HEC says TTS faculty members are paid better salaries so that they should lead research in their fields. That is why they are barred from holding administrative offices. Muhammad Akhyar Farrukh, a faculty member hired on the TTS basis, was appointed GCU registrar on November 13, 2013.In the letter, the HEC has asked vice chancellors to halt payments of T
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TS faculty members holding adminis
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trative posts.The letter said, 鈥淚f a faculty member assumes an administrative post in the university, such as registrar, HR director or treasurer etc鈥?the period for which he/she remains on that