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India's
Ranbaxy acquires Bangalore vaccine firm 5:16 AM 1/19/2010 Reuters Indian drugmaker Ranbaxy Laboratories agreed to acquire product rights
and manufacturing facility of vaccines and biotherapeutics developer Biovel Lifesciences Pvt Ltd.
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Cost
of Psoriasis Drugs Rising Faster Than Others 4:21 AM 1/19/2010 BusinessWeek The average wholesale price of brand-name psoriasis drugs between
2000 and 2008 increased 66 percent outpacing inflation and all other prescription drugs.
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Should
boys be vaccinated against HPV? 6:29 AM 1/18/2010 Boston Globe Human papillomavirus can be transmitted through skin-to-skin contact. Many health
experts advocate HPV vaccination of boys to prevent them from infecting their partners.
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GSK
braced for low flu drug sales 12:01 PM 1/17/2010 Financial Times GlaxoSmithKline, Sanofi-Aventis, and Novartis are likely to report sales below
expectations as modest demand for swine flu vaccinations is driving several of their largest government
customers to cancel orders.
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US
accuses J&J of kickback scheme with Omnicare 12:38 PM 1/15/2010 Reuters The US Justice Department accused Johnson & Johnson of paying tens of
millions of dollars in kickbacks to Omnicare Inc to buy and recommend J&J drugs between 1999 and 2004.
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Health-care
reform should put an end to pay-for-delay by drug
companies 5:02 AM 1/15/2010 Washington
Post Health-care reform may close a loophole which allows manufacturers of brand-name drugs to pay
competitors to keep cheaper generic versions off the market.
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Democrats
Seek Added $10 Billion From Drug Firms 4:33 AM 1/15/2010 Wall Street Journal Among the options are increased fees that companies agreed to pay to fund
the overhaul or providing deeper drug rebates for the Medicare and Medicaid government health plans.
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Pandemic
Flu Scare Fades, Vaccine Glut Seen for Glaxo,
Novartis 3:53 AM 1/15/2010 Bloomberg The US
government is forced to admit the sky wasn't falling. The first flu pandemic in 40 years turned out to be
milder than they warned, again.
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Suits
allege harm from Pfizer quit-smoking drug 5:06 PM 1/14/2010 Reuters Three personal injury lawsuits were filed against Pfizer Inc claiming
smoking-cessation drug Chantix caused attempted suicides or death.
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No
heart risk seen with Pfizer COPD drug - FDA 2:17 PM 1/14/2010 Reuters The US FDA found no increased risk of heart trouble with use of Pfizer
Inc's inhaled lung drug Spiriva after reviewing data for the chronic obstructive pulmonary disease (COPD). FDA
did not find a higher chance of stroke, heart attack, or death with the drug.
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Amgen
donating $2 million to Haiti relief efforts 12:39 PM 1/14/2010 BusinessWeek Amgen Inc is donating $2 million to Haiti relief efforts and will deploy
its Disaster Relief Program Web site for Amgen staff around the globe who want to contribute their own funds.
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BioCryst
receives approval to market first commercial drug 12:35 PM 1/13/2010 Bizjournals.com BioCryst Pharmaceuticals Inc said its partner Shionogi & Co has
received marketing approval for its flu drug Peramivir in Japan.
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Novo
starts tests on pill version of Victoza drug 5:18 AM 1/13/2010 Reuters Novo Nordisk opens a new front in the fight against diabetes with
clinical tests on an oral version of its GLP-1 drug Victoza.
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Glaxo
sees little generic threat to Advair 4:48 AM 1/13/2010 Reuters GlaxoSmithKline sees little risk of generic competition for top-selling respiratory
drug Advair citing difficulty making a generic.
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Some
blood pressure drugs may cut risk of dementia 5:26 PM 1/12/2010 Reuters Older people taking blood pressure reducing angiotensin receptor blockers
(ARBs) were significantly less likely to develop the brain-wasting illnesses like Alzheimer's disease and
dementia.
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