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October 21st, 2009 | by Rxmedyn | No Comments »
Eli Lilly Swings To 3Q Profit Amid Year-Ago Zyprexa Charge (Pink Sheet)
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Pfizer earnings up 26% despite lower sales of many drugs (Pharma Times)
Biogen profits leap as Tysabri sales soar again (Pharma Times)
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October 15th, 2009 | by Rxmedyn | No Comments »
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October 13th, 2009 | by Rxmedyn | No Comments »
Amaya Advisory Cmte. Will Grapple With Standards For Novel Indication (The Pink Sheet)
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Catalyst Pharmaceutical Partners, Inc. Announces Organizational Changes and Extension of Chief Executive’s Employment Agreement (Street Insider.com)
Novartis signs $465 million deal with Vanda on schizophrenia drug (Pharma Times)
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October 12th, 2009 | by Rxmedyn | No Comments »
Influence Of Doctor/Pharma Relationships On Prescribing Habits May Be Next Big Congressional Inquiry; Sunshine Act Could Be Investigation Boon (The Pink Sheet)
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Ahead of the Bell: Pharma Product Development Inc (CNBC/Associated Press)
Selzentry Patient Population Needs Further Definition, Advisory Panel Urges (The Pink Sheet)
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Omeros Debuts With $68 Million IPO Despite Legal Hassles From Former CFO (The Pink Sheet)
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CSL Behring Announces FDA Approval of Berinert(R), First and Only Therapy Approved for the Treatment of Acute Abdominal and Facial Attacks of Hereditary Angioedema in U.S. (Press release issued by CSL Behring)
Ex-biotech exec gets 3 years for faking cancer (Lake Wylie Pilot)
Celator(R) Pharmaceuticals Completes Enrollment Early in Phase 2 Study of CPX-351 in Newly Diagnosed AML (Press release issued by Celator Pharmaceuticals)
ImmuneRegen BioSciences to test efficacy of Homspera against H5N1 Avian Influenza (The Medical News)
Orion Genomics enters collaboration and license agreement with Novartis Pharma (The Medical News)
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October 9th, 2009 | by Rxmedyn | No Comments »
“Pfizer Halts Enrollment In Lung-Cancer Drug Trial” (Wall Street Journal)
Pfizer Inc. (PFE) has temporarily halted enrollment of new patients in a clinical trial of an experimental lung-cancer drug, saying the drug was associated with a higher rate of adverse events, including fatalities, than those who didn’t get the drug.
“J&J wheels and deals, awaits new product approvals” (Business Week)
Johnson & Johnson, the world’s biggest healthcare company and a Dow Jones industrial average component, reports earnings for the third quarter Tuesday morning. Here’s a summary of key developments and analyst opinion related to the period.
“Acorda shares plunge on negative FDA review”(AP)
Shares of Acorda Therapeutics plummeted Friday after the Food and Drug Administration issued a negative opinion that questioned the safety and effectiveness of the company’s multiple sclerosis drug.
“Omeros, First U.S. Biotech IPO Since February 2008, Sees Shares Drop 13 Percent in First Day” (Xconomy)
Shares of Seattle-based Omeros, the first true U.S. biotech company to go public in more than 18 months, dropped about 13 percent in the company’s first day of trading.
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October 9th, 2009 | by Rxmedyn | No Comments »
“Novartis snaps up first in class antibiotic” (PharmaTimes)
Swiss giant Novartis has snapped up the rights to market a potentially first-in-class antibiotic from Paratek Pharmaceuticals for an undisclosed sum, bolstering the company’s armamentarium in this field following its acquisition of Protez Pharmaceuticals in June last year.
“Nutra Pharma Announces Nyloxin Rx, a Prescription Analgesic for the Treatment of Severe (Stage 3) Chronic Pain” (Therapeutics Daily)
Nyloxin Rx is a prescription pain reliever produced by Nutra Pharma’s wholly-owned drug discovery subsidiary, ReceptoPharm. Unlike Stage 2 pain, which interferes with both work and sleep, Nyloxin Rx is aimed at treating Stage 3 pain, which is the most severe pain that inhibits one’s ability to fully function. Additionally, Nyloxin Rx does not rely on the use of opioids for its pain relieving action, but, instead, uses a novel mechanism from cobra venom peptides for treating pain.
“APP Pharmaceuticals Receives FDA Approval for Sumatriptan Succinate Injection” (Therapeutics Daily)
US-based pharmaceutical company APP Pharmaceuticals Inc, a wholly owned subsidiary of Fresenius Kabi Pharmaceuticals HoldingInc (NASDAQ: APCVZ), announced today that it has received approval from the US Food and Drug Administration (FDA) to market Sumatriptan Succinate Injection, USP, in two dosage strengths.
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