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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. ...

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. ...

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. ...

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. ...

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. ...

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. ...

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. ...

 

 

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. ...

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. ...

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. ...

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). ...

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. ...

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. ...

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. ...

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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