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Sanofi-Aventis (France) CEO Targeting Everything But Blockbusters

Thu, 07/29/2010 - 20:00
TRENTON, N.J. -- After 20 months running drugmaker Sanofi-Aventis SA, Chris Viehbacher wants to end the roller coaster of revenue peaks and valleys as blockbuster drugs climb to billions in sales and suddenly plummet when generic competition hits.
Categories: News

Actient Pharmaceuticals LLC Inks Deal with UCB SA for Marketed Drugs with Global Sales of $53M

Thu, 07/29/2010 - 20:00
CHICAGO--(BUSINESS WIRE)--GTCR, one of the countrys leading private equity firms, announced today that Actient Pharmaceuticals, LLC has successfully completed a transaction to license and acquire six pharmaceutical products from UCB, Inc., a subsidiary of UCB SA, an international biopharmaceutical company based in Brussels, Belgium.

The acquisition of the six on-market products is the first...
Categories: News

Senate Panel Votes To Restrict Drug Patent Deals

Thu, 07/29/2010 - 20:00
WASHINGTON (Dow Jones)--The Senate Appropriations Committee on Thursday approved a measure that would restrict the use of controversial settlements in which brand-name drug companies pay their generic competitors to drop patent challenges that could lead to early entry of generic drugs.
Categories: News

Orexigen Therapeutics, Inc. Obesity Pill Shows Promise in Phase III Study; Stock Rises 9.47% at 1:20PM EDT

Thu, 07/29/2010 - 20:00
SAN DIEGO, July 29 /PRNewswire-FirstCall/ -- Orexigen Therapeutics, Inc. (Nasdaq: OREX) announced that results from its COR-I trial of Contrave were published online today in the journal Lancet. COR-I was the largest of the four, 56-week, Phase 3 trials supporting the New Drug Application for Contrave, currently under review by the U.S. Food and Drug Administration...
Categories: News

FDA Warns About Pneumonia Caused By Cubist Pharmaceuticals, Inc.'s Antibiotic Cubicin

Thu, 07/29/2010 - 20:00
WASHINGTON July 29 (Reuters) - U.S. health officials warned Thursday about the risk of pneumonia with Cubist Pharmaceuticals Inc's (CBST.O) flagship antibiotic.
Categories: News

Anacor Pharmaceuticals, Inc. to Receive $15 Million Payment from GlaxoSmithKline

Thu, 07/29/2010 - 20:00
Business Week -- Anacor Pharmaceuticals said Thursday it will receive a $15 million payment from GlaxoSmithKline on a deal over a potential antibiotic.
Categories: News

Ruling May Force Cody Laboratories, Inc. To Halt Making Morphine; May Have To Lay Off Some 50 Workers

Thu, 07/29/2010 - 20:00
Billings Gazette -- CODY A federal judge has denied a last-minute request by Wyomings only pharmaceutical manufacturer to block a pending enforcement action that appears likely to force the company to cease manufacturing a potent painkiller.
Categories: News

Dense Bones Linked To Raised Risk For Prostate Cancer, National Institute on Aging and Johns Hopkins University School of Medicine Study

Thu, 07/29/2010 - 20:00
New Kerala -- Washington, July 29 : A new study has found that men, who develop prostate cancer, tend to retain denser bones as they age than men who stay free of the disease.
Categories: News

Hard To Treat Diseases Incorporated Seeks Sale of Slavica Biochem to US-based Biomedical Firm

Thu, 07/29/2010 - 20:00
SHENZHEN, CHINA--(Marketwire - 07/29/10) - Hard to Treat Diseases, Inc. (Pinksheets:HTDS - News)(http://www.htdsmedical.com) announces the company's intention to sell current subsidiary Slavica Biochem to a US-based publicly traded biomedical company.

HTDS is pleased with the performance of Slavica, a Belgrade-based medical research centre that is currently evaluating various medications and...
Categories: News

Angiotech Pharmaceuticals, Inc. Loss Widens As Royalties Slow

Thu, 07/29/2010 - 20:00
TORONTO July 30 (Reuters) - Angiotech Pharmaceuticals Inc (ANP.TO) said its second-quarter loss widened on Friday as royalty payments from its marketing partners slowed.
Categories: News

Risk of MI May Go Up With Calcium Supplements, University of Auckland Study

Thu, 07/29/2010 - 20:00
MedPage Today -- Calcium supplementation appears to increase the risk of myocardial infarction, a meta-analysis showed.
Categories: News

Cell-of-Origin for Human Prostate Cancer Identified for First Time, University of California, Los Angeles (UCLA) Study

Thu, 07/29/2010 - 20:00
ScienceDaily (July 29, 2010) UCLA scientists have identified for the first time a cell-of-origin for human prostate cancer, a discovery that could result in better predictive and diagnostics tools and the development of new and more effective targeted treatments for the disease.
Categories: News

Protein Complex Helps Cancer Cells Fight Platinum-Based Drugs By Fixing DNA Cross-Links, University of Texas MD Anderson Cancer Center and Zhejiang University Pharmaceutical Study

Thu, 07/29/2010 - 20:00
Life Science World -- HOUSTON - Researchers have discovered an enzyme crucial to a type of DNA repair that also causes resistance to a class of cancer drugs most commonly used against ovarian cancer.
Categories: News

Charles River Laboratories (Massachusetts) and WuXi PharmaTech Co., Ltd. $1.6 Billion Deal Ended After Opposition

Thu, 07/29/2010 - 20:00
WILMINGTON, Mass., Jul 29, 2010 (BUSINESS WIRE) -- Charles River Laboratories International, Inc. /quotes/comstock/13*!crl/quotes/nls/crl (CRL 34.00, 2.05, 6.42%) , a leading global provider of research models and associated services and of preclinical drug development services, today announced that it has mutually agreed with WuXi PharmaTech (Cayman) Inc. /quotes/comstock/13*!wx/quotes/nls/wx ...
Categories: News

Australian Watchdog Clears Novartis AG Bid For Alcon, Inc.

Thu, 07/29/2010 - 20:00
MELBOURNE July 29 (Reuters) - Australia's competition watchdog cleared Novartis AG's (NOVN.VX) planned buyout of Alcon Laboratories (ACL.N), after Novartis agreed to sell one of Alcon's products to eye care company Bausch & Lomb in Australia.
Categories: News

Knee, Hip Replacements May Aid Weight Loss: Mount Sinai School of Medicine Study

Thu, 07/29/2010 - 20:00
THURSDAY, July 29 (HealthDay News) -- Weight loss has been noted among patients who've had a knee or hip replacement, a new study says.
Categories: News

Fluorescent Biosensor to Aid in Drug Development, Carnegie Mellon University Study

Thu, 07/29/2010 - 20:00
July 30, 2010 DNA India -- Carnegie Mellon researchers have come up with a new fluorescent biosensor that could aid in the development of an important class of drugs that target a crucial class of proteins called G protein-coupled receptors (GPCRs).
Categories: News

Geron Corporation Gets Human Trial Nod For Spinal Cord Therapy; FDA Lifts Clinical Hold On Human Trial Application

Thu, 07/29/2010 - 20:00
MENLO PARK, Calif., Jul 30, 2010 (BUSINESS WIRE) -- Geron Corporation /quotes/comstock/15*!gern/quotes/nls/gern (GERN 5.38, 0.58, 12.08%) announced today that the U.S. Food and Drug Administration (FDA) has notified the company that the clinical hold placed on Geron's Investigational New Drug (IND) application has been lifted and the company's Phase I clinical trial of GRNOPC1 in patients with...
Categories: News

Scientists Post Lower Speed Limit For Cell-Signaling Protein Assembly, Michigan State University Study

Thu, 07/29/2010 - 20:00
EurekAlert! -- EAST LANSING, Mich. The apparently random self-assembly of molecular threads into the proteins that make the body work is far less frantic than previously thought, Michigan State University scientists say. That discovery could be a key to help unlock the nature of some diseases.
Categories: News

FDA Finds Problems At Sanofi-Aventis (France) Vaccine Plant

Thu, 07/29/2010 - 20:00
WASHINGTON (Reuters) - Sanofi-Aventis failed to follow proper manufacturing procedures at a vaccine plant in France, U.S. regulators said in a letter released on Thursday.
Categories: News
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