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Chugai
Says It's Cooperating in Japan Insider Trading Probe 6:21 AM 11/28/2009
Bloomberg
Chugai Pharmaceutical Co is majority-owned by Roche Holding AG.
It's alleged that trades were made after a Chugai employee leaked that Roche planned to make a tender offer for
the drugmaker.
...
FDA denies approval
for Theravance's pneumonia
drug 1:08 PM 11/27/2009
Reuters
Theravance
Inc said the US FDA did not approve its drug Telavancin for treatment of nosocomial pneumonia asking for
additional data which the company has on hand.
...
Baxter
hopes to build US cell-based vaccine manufacturing
plant 7:16 AM 11/26/2009
Chicago
Tribune
Baxter expresses interest in vaccine production in the US. Democrat control of the US
government and increased subsidies are making the business more lucrative.
...
Study
Suggests Source of Post-Menopausal Hot Flashes 6:26 AM 11/26/2009
U.S. News & World
Report
RANK receptor and the RANKL protein that binds to it turn up the heat to cause fever during
infections. They are involved in osteoporosis and may also cause hot flashes that post-menopausal women
experience.
...
Incyte's
cancer drug deal with Novartis could be worth $1bn 5:44 AM 11/26/2009
Pharmafocus
Novartis paid Incyte Corporation for the rights to the Janus kinase
(JAK) inhibitor INCB18424 in phase III to treat myelofibrosis and an early-stage mesenchymal-epithelial
transition factor kinase (cMET) inhibitor INCB28060.
...
Novartis
will end collaboration with Idera 10:53 AM 11/25/2009
Boston Globe
Novartis AG will terminate its research collaboration agreement with Idera
Pharmaceuticals Inc in February when Idera will regain full rights to IMO-2134. Merck & Co has extended its
research collaboration with Idera for a fourth year.
Roche seeks broader EU
breast cancer label for
drug 5:02 AM 11/25/2009
Reuters
Roche Holding
filed for European approval to extend use of its Avastin drug to patients with metastatic breast cancer in
combination with Xeloda.
...
Lonza says to make blood
cancer drug for Micromet 4:51 AM 11/25/2009
Reuters
Lonza Group agreed with US biotech firm Micromet to manufacture blinatumomab used to
treat various hematologic cancers.
...
Vaccine
Makers Struggle to Speed Output 4:33 AM 11/25/2009
Wall Street Journal
Novartis's new plant took more than three years to build and fine-tune the
technology. Equipment and processes must be validated before it can start mass producing vaccines in the US.
...
Shire asks EU for
Gaucher drug approval 6:25 AM 11/24/2009
Reuters
Genzyme was forced to cease production of Cerezyme when its manufacturing site became
infected with a virus. Shire asked the EU to allow people to take its new Gaucher disease drug as supplies of
Cerezyme run out.
...
Norway's Clavis signs $380
mln cancer drug deal 5:02 AM 11/24/2009
Reuters
Clavis Pharma signed a cancer drug development deal worth around $380 million with
US-based Clovis Oncology for the development and commercialization of pancreatic cancer drug CP-4126.
...
Biotech
bills give drugmakers too many years of exclusivity? 4:32 AM 11/24/2009
Boston Globe
Without innovation there wouldn't be drugs priced beyond the
reach of some patients or upward pressure on health care costs.
...
Consumer
drug ads drive up health costs 6:21 PM 11/23/2009
Reuters
Payers and policymakers should be concerned about direct-to-consumer advertising for
publicly funded reimbursement programs such as Medicare and Medicaid because drugmakers appear to build the cost
of the ads into their prices.
...
Vioxx
risks could have been detected earlier: study 3:59 PM 11/23/2009
Reuters
Heart risks from Merck & Co's painkiller Vioxx could have been detected more
than three years before the company withdrew the drug from the market.
...
Pfizer
Units' Damages for Menopause Drugs Exceed $165
Million 2:59 PM 11/23/2009
Bloomberg
Two
Pfizer units have to pay more than $165 million in punitive damages to women who developed cancer after taking
menopause drugs.
...
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