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Spectrum
says FDA extends review date of cancer drug 10:01 AM 2/23/2009 Reuters - USA The US FDA extended the review date of Spectrum Pharmaceuticals
Inc's experimental cancer drug Zevalin by three months.
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ThromboGenics
in new trials for anti-blood clot drug 5:35 AM 2/23/2009 Reuters - USA ThromboGenics entered the second phase of trials for its anti-blood clot
treatment TB-402 developed in partnership with BioInvent.
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Merck
girds to battle Teva's generic Singulair 3:55 PM 2/22/2009 Reuters - USA Merck & Co is expected to fight efforts by Teva Pharmaceutical Industries to
introduce a generic of Singulair. It's Merck's biggest productat at $4 billion-a-year.
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Cell
Therapeutics sells stake in cancer drug 6:21 AM 2/21/2009 Forbes - NY,USA Cell Therapeutics Inc is exercising its option to sell its half
of a stake in the cancer drug Zevalin to Spectrum Pharmaceuticals Inc for $18 million.
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Schering,
Takeda Unit Sue Teva Over Snake-Drug Patent 5:19 AM 2/20/2009 Bloomberg - USA Schering and Takeda Pharmaceutical’s Millennium subsidiary are
accusing Teva Pharmaceutical Industries of infringing US patents for their rattlesnake venom derived Integrilin
anti-clotting agent.
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Johnson
& Johnson Is Sued by US in Heart-Drug Cases 3:33 AM 2/20/2009 Bloomberg - USA The US joined two whistleblower lawsuits accusing a unit of
Johnson & Johnson of marketing heart drug Natrecor for unauthorized use which cost Medicare a ton of money.
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Watson
The Great 2:12 AM 2/20/2009 Forbes -
NY,USA Watson Pharmaceuticals expects to bring three new urology products to market in 2009. It
plans to expand into Europe with branded and generic drugs. Recently approved Gelnique for overactive bladders
and Rapalfo for benign prostatic hyperplasia could be big.
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FDA
says 3 deaths associated with Genentech drug 11:05 AM 2/19/2009 The Associated Press The US FDA has confirmed three deaths from progressive
multifocal leukoencephalopathy (PML). PML causes brain swelling and is usually fatal. The patients had been
taking Genentech's once-a-week injection Raptiva for psoriasis.
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Nymox
Provides Update On Pivotal Phase 3 Trials for BPH
Drug 5:43 PM 2/18/2009 MSNBC -
USA Nymox Pharmaceutical Corp recently concluded a meeting with the US FDA concerning the Phase 3
program for NX-1207. It's the company's investigational drug for benign prostatic hyperplasia (BPH).
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Doctors
test new way to regulate warfarin dose 3:33 PM 2/18/2009 Reuters - USA Better prediction of the proper dose of the blood thinner warfarin could help
prevent dangerous blood clots and serious bleeding.
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Amgen
says FDA accepts bone loss drug application 2:22 PM 2/18/2009 Forbes - NY,USA The US FDA accepted Amgen Inc's application for the bone loss
drug candidate denosumab. The agency should make a ruling around mid October.
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Teva
invests $10.5 mln in diabetes drug developer 1:23 PM 2/18/2009 Reuters - USA Andromeda Biotech is developing a treatment for juvenile diabetes. Teva
Pharmaceutical Industries exercised an option to invest $10.5 million raising its stake to 10 percent.
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GTx's
bone fracture drug under FDA review 7:51 AM 2/18/2009 Forbes - NY,USA The biopharmaceutical company GTx Inc said that the US FDA is reviewing its
application for the drug candidate toremifene for the prevention of bone fractures in men with prostate cancer
on androgen deprivation therapy.
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Nausea
Drug May Treat Withdrawal From Addiction, Study
Shows 5:18 AM 2/18/2009 Bloomberg -
USA GlaxoSmithKline's Zofran (ondansetron) is approved to treat nausea and vomiting. A study
suggests it reduces symptoms of withdrawal from morphine, codeine, heroin, oxyContin and related pain
medications.
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Menopause
drug Livial ups breast cancer return risk 4:18 PM 2/17/2009 Reuters - USA Schering Plough Corp's synthetic hormone Livial (tibolone) makes it
significantly more likely a woman's breast cancer will return. The hormone is an alternative to hormone
replacement therapy and marketed mostly in Europe.
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