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Addex extends Merck & Co research linkup 8:16 AM 12/2/2009
Reuters
Addex Pharmaceuticals extended a research deal with Merck & Co by a year seeking to develop a treatment for Parkinson's disease. Addex's lead drug ADX10059 targets heartburn and migraine reaching its main target in a late-stage trial. ...

Abbott settles Tricor patent row with Teva 5:06 AM 12/2/2009
Reuters
Abbott Laboratories Inc settled US patent litigation with Teva Pharmaceutical Industries over blockbuster triglycerides drug Tricor. Teva might not receive rights until July 1, 2012. ...

Takeda Plans to Enter India Drug Market to Bolster Sales Growth 4:46 AM 12/2/2009
Bloomberg
Takeda Pharmaceutical Co plans to enter the Indian market to tap growth in emerging economies. The company's best-selling Actos diabetes pill loses patent protection in January 2011. ...

Santarus gets FDA nod on heartburn drug 4:38 PM 12/1/2009
Forbes
Santarus Inc said it got marketing approval in the US for an over-the-counter version of Schering-Plough Corp's heartburn drug Zegerid. ...

Teva seeks FDA nod for biosimilar of Amgen drug 11:15 AM 12/1/2009
Reuters
In the absense of a biosimilar regulatory pathway, Teva Pharmaceutical Industries submitted a Biologics License Application (BLA) treating XM02 (brand name TevaGrastim) as a new biotech medicine hoping to compete with Amgen Inc's white blood cell booster Neupogen. ...

Bayer acquires rights to Micromet's experimental drug 8:39 AM 12/1/2009
Reuters
Bayer exercised its option to buy the rights to a cancer-fighting BiTE antibody from US biotech Micromet in a deal potentially worth $429 million in milestone payments. ...

Pfizer acquires rights to Protalix's Gaucher drug 6:17 AM 12/1/2009
Reuters
Pfizer Inc will acquire the worldwide marketing rights to Protalix BioTherapeutics Inc's experimental drug Uplyso for Gaucher's disease for an upfront payment of $60 million. ...

 

 

Pfizer Will Start Generic-Drug Business in Japan 5:06 AM 12/1/2009
Bloomberg
Pfizer Inc will enter the generic-drug market in Japan as early as 2011 to bolster sales of its medicines that have lost patent protection. ...

FDA Rejects Approval of MS Drug 4:46 AM 12/1/2009
Wall Street Journal
Merck KGaA's application for US approval of cladribine tablets for multiple sclerosis was rejected by the US FDA for not being complete. ...

Inovio Biomedical's hepatitis C vaccine progresses 10:40 AM 11/30/2009
Bizjournals.com
Inovio Biomedical Corp said drug-development partner Tripep completed a phase-I clinical study of its ChronVac-C hepatitis C DNA vaccine using electroporation or controlled millisecond electrical pulses that allow DNA-based vaccines to permeate cell membrane. ...

BioMarin autoimmune disease drug gets orphan status 9:17 AM 11/30/2009
Reuters
BioMarin Pharmaceutical Inc's experimental treatment amifampridine phosphate (3,4-diaminopyridine) as an experimental treatment for Lambert Eaton Myasthenic Syndrome (LEMS). ...

Enthusiasm For Lupus Drug Fuels Human Genome Sciences Shares 7:27 AM 11/30/2009
Wall Street Journal
If approved, Human Genome Sciences Inc's Benlysta would be the first new drug specifically approved to treat the debilitating autoimmune disease lupus. ...

Sanofi-Aventis Cardiovascular Drug Multaq Gets EU Approval 5:00 AM 11/30/2009
Wall Street Journal
Sanofi-Aventis SA said its cardiovascular drug Multaq has been approved for marketing in the European Union. Multaq was approved in the US last July. ... ...

Takeda: eyeing M&A for generics in emerging markets 4:44 AM 11/30/2009
Reuters
Takeda Pharmaceutical is not interested in entering the generic market in Japan, but could acquire a company to enter the generic drug business in emerging markets like South America. ...

New WHO guidelines urge phase-out of major HIV drug 3:10 PM 11/29/2009
Reuters
Phase out the use of Stavudine because of long-term irreversible side-effects in HIV patients including wasting and a nerve disorder. WHO advised that HIV-positive women and babies take the drugs while breastfeeding to prevent mother-to-child transmission. ...

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