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ARCA
gets fast-track status for heart drug, shares rise 8:40 AM 11/23/2009 Reuters ARCA biopharma Inc said the US FDA granted a fast-track designation for
its experimental drug Gencaro to treat chronic heart failure.
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Cephalon delays Ception
deal after mixed drug data 6:31 AM 11/23/2009 Reuters Cephalon Inc paid $100 million to Ception Therapeutics Inc in January for an option to
acquire the company and its lead product Cinquil for a rare type of inflammation of the esophagus.
The drug showed mixed results in a clinical trial.
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Merck
Serono Establishing R&D Hub In China 6:19 AM 11/23/2009 Wall Street Journal Merck KGaA's pharmaceuticals division Merck Serono will create a research
& development center in China to tap growing demand.
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US
FDA reviewing Abbott diet drug risks 5:47 AM 11/21/2009 Reuters Patients taking Abbott Laboratories' weight loss drug Meridia (sibutramine) may have a
higher risk of cardiovascular problems according to the US FDA. These include heart attack, stroke, cardiac
arrest, and death.
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Canadian
health officials pull doses of GSK's H1N1 vaccine 11:01 AM 11/20/2009 Bizjournals.com Health officials in Canada pulled doses of the H1N1 vaccine made
by GlaxoSmithKline following reports that one batch had six times the usual adverse reactions among patients.
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Merck
fertility drug gets European recommendation 11:00 AM 11/20/2009 The Associated Press Merck & Co said a European advisory committee recommended
approval for the company's fertility drug Elonva.
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Antigenics
cancer vaccine gets negative EU panel vote 10:00 AM 11/20/2009 Reuters Antigenics Inc said an advisory committee of European health regulators
formally rejected its application to market a potential cancer vaccine Oncophage.
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FDA says Dendreon's
drug application is complete 8:15 AM 11/20/2009 Reuters The US FDA has accepted Dendreon Corp's application to market its experimental prostate
cancer vaccine Provenge. Approval may come by May 1, 2010.
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Covidien
says FDA extends review of opiod pain drug 7:02 AM 11/20/2009 Reuters Covidien Plc said that the US FDA has extended the review period of its
experimental extended-release formulation opioid pain drug Exalgo (hydromorphone) by three months.
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Shionogi
Drug Helps Prevent Premature Ejaculation, Study
Shows 4:06 PM 11/19/2009 Bloomberg
Shionogi & Co’s drug for premature ejaculation proved effective as men delayed ejaculation up to five times
longer. PE is estimated to affect as many as 30 percent of men.
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US panel backs new
claim for Pfizer lung drug 3:36 PM 11/19/2009 Reuters Pfizer Inc and Boehringer Ingelheim presented "substantial and convincing evidence"
that Spiriva HandiHaler reduced flare-ups of chronic obstructive pulmonary disease (COPD).
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Rising
Prices of Drugs Lead to Call for Inquiry 4:58 AM 11/19/2009 New York Times It has nothing to do with the impending health care legislation.
Drug companies have raised wholesale prices to maintain profits for research and employment in a difficult
business environment.
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US
panel rejects Xolair asthma drug for children 5:02 PM 11/18/2009 Reuters Roche and Novartis's asthma drug Xolair should not be approved for
children aged 6 to 11. Experts are concerned about the drug's safety and the possibility of a long-term cancer
link.
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Pain
drug morphine may accelerate cancer growth 3:29 PM 11/18/2009 Reuters Evidence is mounting that morphine may accelerate cancer growth. Progenics
Pharmaceuticals Inc drug Relistor (methylnaltrexone) appeared to reverse some of the tumor-causing effects in
mice and in lung cancer cells.
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Cold
virus may have caused 2007 AIDS vaccine trial
failure 12:27 PM 11/18/2009 Los Angeles
Times Merck & Co's STEP trial of an experimental AIDS vaccine was prematurely terminated in 2007
because the vaccine seemed to increase the number of people contracting HIV. It may have been the adenovirus
that was used to produce the vaccine.
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