Research into cancer moving forward in big leaps

From the Guardian, UK.

The head of the UK’s leading cancer charity has said understanding of the disease is advancing “exponentially”, as potentially groundbreaking trials to genetically test tumours of 9,000 newly diagnosed patients begin.

Describing a “golden era” of research, Harpal Kumar, the chief executive of Cancer Research UK, said there has been “an explosion in our understanding of what cancer is, why it happens, why it doesn’t happen in some people and why it moves around the body”.

The trials backed by the Department of Health and Cancer Research UK are being launched next month in seven hospitals across Britain. Scientists believe the results could revolutionise cancer treatments.

They will aim to find out which existing drugs the cancers are susceptible to. They will also potentially pave the way for discoveries of new medicines that are personalised or targeted to the genetic makeup of an individual’s cancer and therefore far more effective

Big supermarkets have their wrists slapped

UK supermarkets have been exposed as price fixing over a a range of dairy goods.

Asda, Sainsbury’s and Tesco were among nine supermarkets and dairy processors today fined almost £50 million for fixing cheese and milk prices over seven years ago.

According to an investigation by the Office of Fair Trading (OFT) four supermarkets, Asda, Safeway, Sainsbury’s and Tesco, indirectly co-ordinated increases in cheese and milk prices through five dairy processors, Arla, Dairy Crest, McLelland, The Cheese Company and Wiseman.

Tesco was the only retailer to not receive a reduction in its fine for agreeing to early resolution and was fined £10.43 million for colluding with companies to fix cheese prices in 2002 and 2003. Sainsbury’s was dealt the largest fine of £11.04 million for fixing both cheese and milk prices.

If you need to know the current best buy interest rates then be sure to search around the net every week.

In total eight companies were fined £49.51million, while Arla benefited from compete immunity for being the first company to alert the OFT to the anti-competitive behaviour.