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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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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. ...
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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.
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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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