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New
hope for failed obesity drug 6:36 AM 1/7/2009 Boston Globe - United States Research showed obese mice lost weight when given a combination
of leptin and a second drug for enzyme deficiencies. Amylin Pharmaceuticals Inc acquired rights to leptin in
2006. It wasn't involved in the study.
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Otsuka
Pharmaceutical Buys Nutrition & Sante, Expands in
France 5:21 PM 1/6/2009 Bloomberg -
USA Otsuka Pharmaceutical Co agreed to buy French health-foods maker Nutrition & Sante which sells
weight-loss formulas and organic foods. ...
BioMarin
in pact with La Jolla for lupus drug 4:11 PM 1/6/2009 Reuters - USA BioMarin Pharmaceutical Inc entered into an agreement with La Jolla
Pharmaceutical Co to co-develop and market La Jolla's experimental lupus drug Riquent.
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Warner
Chilcott licenses Dong-A ED drug 2:21 PM 1/6/2009 Forbes - NY,USA Warner Chilcott Ltd licensed US rights to an erectile dysfunction drug
candidate from South Korea's Dong-A PharmTech Co. The name is competely coincidental.
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Dream
Stocks for Biotech Investors 1:11 PM 1/6/2009 Motley Fool - USA Teva Pharmaceuticals, Mylan, ViroPharma, Celgene.
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Pfizer:
US ruling maintains Lipitor patent term 12:32 PM 1/6/2009 The Associated Press The U.S. Patent & Trademark Office will accept Pfizer's application to
correct a technical defect in one of the patents involving cholesterol drug Lipitor (atorvastatin) maintaining
the patent's June 2011 expiration date.
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Boston
Sci buys drug-eluting stent firm 10:01 AM 1/6/2009 Bizjournals.com - Charlotte,NC,USA Boston Scientific's deal to buy privately-held Labcoat will
give it technology that helps patients heal quickly after receiving a drug-coated stent.
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Biotech
buyout spree ahead as values crumble 9:01 AM 1/6/2009 FierceBiotech - Washington,DC,USA Buying a biotech company looks easier and less expensive
than structuring complicated licensing pacts.
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Teva
settles MassHealth fraud lawsuit 5:03 AM 1/6/2009 Boston Globe - United States Teva Pharmaceutical Industries' US unit and Ivax Corp subsidiary
paid $7 million to settle a suit claiming illegally inflated prices were passed to Massachusetts' Medicaid
program.
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Endo
Shifts Gears With Indevus 4:46 PM 1/5/2009 Forbes - NY,USA Endo Pharmaceuticals announced that it will be acquiring Indevus
Pharmaceuticals in an effort to move away from the pain-management business.
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Prism
Pharmaceuticals arrythmia drug OK’d 1:36 PM 1/5/2009 Bizjournals.com - Charlotte,NC,USA The US FDA approved a new drug application filed by Prism
Pharmaceuticals for its Nexterone drug for severe abnormal heart rhythms.
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Merck
sells vaccine lab to PPD in research deal 8:32 AM 1/5/2009 Reuters - USA Pharmaceutical Product Development (PPD) has purchased Merck's vaccine testing
laboratory as part of a collaboration with the drugmaker.
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Acura
and King Pharmaceuticals file NDA for pain drug 7:11 AM 1/5/2009 Pharmaceutical Business Review -
USA Acura and King believe Acurox could be the first FDA approved immediate release opioid analgesic
that would deter swallowing excess pills and other common methods of abuse.
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Cytos
Says Pfizer Takes Commercial Licenses For Some Vaccines 5:55 AM 1/5/2009
CNNMoney.com - USA Cytos Biotechnology Ltd said Pfizer Inc has taken
commercial licenses for specified vaccines based on Cytos' immunodrug technology.
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Shareholders
Seek to Spill Progen Board This Week, Review Says 5:22 AM 1/5/2009 Bloomberg - USA Progen Pharmaceuticals Ltd shareholders will continue with a
meeting to oust almost the entire board of the company.
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