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Senate
panel backs 12-year biotech drug shelter 2:42 AM 7/14/2009 Reuters - USA Biotechnology drugs would be protected for 12 years before generic
copies can win approval under a plan that cleared a US Senate committee. Generic drugmakers wanted a green light
to raid these products in only five or seven years.
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US
FDA staff question J&J, Zeltia cancer drug data 3:35 PM 7/13/2009 Reuters - USA Johnson & Johnson and Zeltia drug Yondelis may not provide enough
benefit to justify its approval for women with ovarian cancer.
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Baxter,
Flamel sign hemophilia drug partnership 10:13 AM 7/13/2009 Boston Globe - United States Baxter International will pay Flamel Technologies $3.5
million as part of development deal for longer acting blood-clotting drugs.
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New
Teva emergency contraceptive to expand market 5:03 AM 7/13/2009 Reuters - USA Teva Pharmaceutical Industries Richter Gedeon said the US FDA gave final approval
to their Plan B One-Step "morning after" emergency contraception. A better name might be Plan B Step Two.
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Study
Endorses Longer Market Exclusivity For Drugmakers 4:27 PM 7/12/2009 Wall Street Journal - USA The
study says the cost of capital for early-stage biotech companies
is over 20%, or about twice as high as policymakers have assumed.
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Study
may prompt rethink on schizophrenia drugs 4:17 PM 7/12/2009 Reuters - USA Schizophrenia patients given clozapine generic are less likely to die
prematurely than people on the newer treatment Seroquel. Wider use of clozapine is unlikely as most doctors
prefer new drugs over safe ones.
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FDA
Approves Lilly's, Daiichi's Effient Blood Thinner 2:43 PM 7/10/2009 Wall Street Journal - USA The US FDA approved the blood-thinning drug Effient
(prasugrel) by co-developers Eli Lilly and Daiichi Sankyo. Effient can cause significant and sometimes fatal
bleeding. The required warning could reduce the drug's commercial potential.
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Vertex
wants to sell some rights to hepatitis C drug 6:16 AM 7/10/2009 Boston Globe - United
States Vertex Pharmaceuticals wants to sell the European rights to some of the future milestone
payments tied to its promising hepatitis C drug candidate telaprevir from J&J unit.
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Senate
votes to permit drug imports from Canada 6:56 PM 7/9/2009 The Associated Press People in the US could get lower-cost drugs from Canada over the Internet
under a plan that has passed the Senate. Opponents of the idea say it will open the door to Internet scams. The
FDA might chime in as Canadian drugs aren't approved for sale in the US.
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Merck
Acquires Rights to Anticoagulant 9:40 AM 7/9/2009 Wall Street Journal - USA Merck & Co has obtained world-wide rights to co-develop and
commercialize experimental drug betrixaban for $50 million from Portola Inc. Betrixaban is in Phase II clinical
trials to prevent the formation of blood clots.
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Drug
helps monkeys, rabbits survive anthrax 5:09 PM 7/8/2009 Reuters - USA Human Genome Sciences Inc's experimental antibody drug ABthrax (raxibacumab)
helped rabbits and monkeys survive a deadly dose of anthrax bacteria and proved safe in humans.
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Experts
Keep Wary Eye on Tamiflu-Resistant Swine Flu 4:49 PM 7/8/2009 U.S. News & World Report -
Washington,DC,USA There is a potential for the novel H1 viruses to develop resistance to Tamiflu
(oseltamivir) and for those resistant viruses to become widespread.
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Transplant
drug helps mice live longer 2:07 PM 7/8/2009 Reuters - USA Antibiotic pill Rapamune (sirolimus) helps mice live longer and might offer a
route to fighting age-related disease in humans.
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Biogen
Idec gets fast track status for MS drug 8:37 AM 7/8/2009 Boston Globe - United States Biogen Idec said the US FDA granted fast track designation for its
potential treatment BIIB017 (PEGylated interferon beta-1a) for relapsing multiple sclerosis.
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EU
warns of antitrust probes into major drug makers for stalling
... 6:02 AM 7/8/2009 Los Angeles Times -
CA,USA The European Union warns of a wave of antitrust probes into major drug makers saying they were
stalling generic versions of their drugs.
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