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Novartis
gets FDA approval for blood pressure drug 3:39 PM 9/17/2009 Forbes The US FDA approved Novartis' Valturna (valsartan and aliskiren) to treat
high blood pressure.
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Generic
drugmakers criticize US health plan rebates 2:50 PM 9/17/2009 Reuters About 70 percent of prescriptions dispensed in the US are filled with generics.
State-federal Medicaid program rate is only 64 percent. Medicaid could save almost $1 billion annually if they
caught up.
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Drug
Stocks Advance; Sequenom Jumps On Launch 10:12 AM 9/17/2009 Wall Street Journal Sequenom Inc shares jumped after the biotech group announced it launched its
new carrier screening test for cystic fibrosis.
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Glaxo,
XenoPort Pain Drug Meets Endpoints Of Midstage Trial 7:19 AM 9/17/2009 Wall Street
Journal GlaxoSmithKline PLC and XenoPort Inc's midstage trial of pain drug meets endpoint of
decreasing pain intensity.
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US
FDA says no new warnings on Biogen, Elan MS drug 7:52 PM 9/16/2009 Reuters Thirteen cases of progressive multifocal leukoencephalopathy (PML) have
been confirmed in MS patients treated with Tysabri as a stand-alone therapy. Biogen Idec and Elan Corp drug does
not need new warnings.
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US
FDA panel backs Auxilium hand disorder drug 4:36 PM 9/16/2009 Reuters US FDA advisors recommended Auxilium Pharmaceuticals Inc's drug Xiaflex to
treat Dupuytren's disease in which connective tissue in the hands hardens and contracts.
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Hepatitis
B vaccine reduces liver cancer cases 3:25 PM 9/16/2009 Los Angeles Times A study found cases of liver cancer have dropped significantly in children who
received the hepatitis B vaccine.
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Baxter
says ramps up swine flu vaccine yields 2:07 PM 9/16/2009 Reuters Baxter International Inc said its production yields of a "swine flu" vaccine have
increased three-fold as the company begins shipping.
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Keryx
cancer drug gets orphan drug status; shares
soar 9:05 AM 9/16/2009 Reuters Keryx
Biopharmaceuticals Inc said its experimental cancer drug KRX-0401 (perifosine) received orphan drug designation
from the US FDA.
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Cell
Therapeutics posts follow-up cancer drug data 9:04 AM 9/16/2009 Forbes Cell Therapeutics Inc said an extended review of its cancer drug candidate
pixantrone showed that patients were more likely to have a complete remission and live longer.
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FDA approves 4 swine flu
vaccines 7:23 AM 9/16/2009 Bizjournals.com The US FDA
has approved four different vaccines against H1N1 influenza virus. Injectable vaccines made by Switzerland’s
Novartis, Australia’s CSL Ltd, France’s Sanofi-Pasteur, and inhalable vaccine made by MedImmune in the US.
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Savient:
FDA does not see more trials for gout drug 6:16 AM 9/16/2009 Reuters Savient Pharmaceuticals said the US FDA does not expect additional trials
to be required for its experimental gout drug Krystexxa. The FDA cited CMC deficiencies.
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Glaxo
Executive's Memo Suggested Burying Drug Studies 3:43 PM 9/15/2009 Bloomberg Glaxo officials accused of urging scientists to withhold information
about Paxil’s risks from a paper laying out the company’s core safety philosophy.
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Sanofi-Aventis:
FDA Approves Sanofi-Pasteur H1N1 Vaccine 2:49 PM 9/15/2009 Wall Street Journal Sanofi-Aventis vaccine division Sanofi Pasteur said the US FDA
has licensed its pandemic influenza vaccine. Other companies have their vaccines approved.
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Lexicon's
diabetes drug trial shows promise; shares soar 11:56 AM 9/15/2009 Forbes Lexicon Pharmaceuticals said its orally-delivered drug LX4211 to treat type
2 diabetes showed positive results in an early-stage trial.
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