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Biotech's
Defense Against Generics: FDA 3:12 AM 3/6/2009 TheStreet.com - USA There won't be an onslaught of cheaper biogenerics. Obama may want it, but
absent a magic wand, the FDA has enough to worry about with biotech companies trying to manufacture their own
biologic drugs.
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US
FDA to ask panel about Seroquel XR safety issues 12:57 PM 3/3/2009 Reuters - USA The US FDA asks outside advisers for input on safety concerns
surrounding expanded use of AstraZeneca Plc's schizophrenia drug Seroquel XR.
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FDA
clears Cellectar drug for human tests 10:59 AM 3/3/2009 Bizjournals.com - Charlotte,NC,USA The US FDA has cleared Cellectar Inc's Investigational New
Drug application for its (131)I-CLR1404 drug candidate for testing in patients with advanced solid
malignancies.
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Pfizer,
Bausch team up to promote eye drugs 9:09 AM 3/3/2009 Reuters - USA N) and Bausch & Lomb will
collaborate on promoting both companies' prescription eye drugs
in the United States, significantly increasing the support for the
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King,
Acura pain drug gets priority review 6:48 AM 3/3/2009 Reuters - USA Acura Pharmaceuticals and King Pharmaceuticals said the US FDA granted a
priority review for their experimental pain drug Acurox with target date of June 30.
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Pfizer,
Aurobindo in deal to sell generic drugs 5:06 AM 3/3/2009 The Associated Press Pfizer will announce that it has reached agreements with
Aurobindo Pharma Ltd to produce and sell drugs that have lost patent protection in the US and Europe. Pfizer
will handle the marketing.
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AstraZeneca
Warned Japanese Doctors of Diabetes Link 2:27 PM 3/2/2009 Bloomberg - USA AstraZeneca Plc salespeople told US doctors that antipsychotic drug Seroquel
didn’t cause diabetes while telling physicians in Japan of possible links to the disease 2 years earlier.
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Resistance
to flu drug widespread in US: study 1:28 PM 3/2/2009 Reuters - USA US Centers for Disease Control and Prevention reported that the most common
strain of flu H1N1 resists Roche AG's Tamiflu.
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Targeted
Genetics makes deals to get through first half of ’09 1:27 PM 3/2/2009
Bizjournals.com -
Charlotte,NC,USA Targeted Genetics Corp renegotiated its deal with Celladon Corp related to the
heart failure drug Mydicar.
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Genentech
May Produce as Many as 15 New Drugs by 2015 12:06 PM 3/2/2009 Bloomberg - USA Genentech Inc may begin selling 15 new drugs from 2011 to 2015.
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KV
Pharmaceutical in consent decree with FDA 12:03 PM 3/2/2009 Reuters - USA KV Pharmaceutical Co entered into a consent decree with the US FDA
that would allow the company to resume manufacturing and marketing products.
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Genentech:
Worth More Than Pfizer? 4:22 AM 2/28/2009 Forbes
- NY,USA Genentech's market cap of $91 billion exceeds that of bigger Pfizer with $84 billion.
Pfizer has annual sales of $48 billion, Genentech $13 billion.
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Endo
ends Durect pain patch deal, licenses drug 12:32 PM 2/27/2009 Forbes - NY,USA Endo Pharmaceuticals Holdings Corp licensed a new drug candidate
from German drug maker Grunenthal and returned the rights to a chronic pain patch to Durect Corp.
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Amicus
Therapeutics suspends Pompe drug study 10:35 AM 2/27/2009 Forbes - NY,USA Amicus Therapeutics Inc suspended a midstage study of its developing Pompe
disease treatment after two patients suffered serious side effects.
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Somaxon:
FDA denies approval for insomnia drug 5:52 PM 2/26/2009 Reuters - USA Somaxon Pharmaceuticals Inc said the US FDA denied approval for its experimental
Silenor treatment for insomnia. Silenor may prolong the cardiac QT interval.
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