Pharmaceutical Industry News Archive

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April 2008

April 10

Takeda to Acquire Millennium for US$25.00 Per Share in an All Cash Tender Offer Valued at $8.8 Billion Celera Grants License to Merck & Co., Inc. for Cancer Targets ISTA Pharmaceuticals Announces Receipt of Subpoena Relating to Promotional Practices for Xibrom FDA MedWatch-Exubera (insulin human rDNA origin) Inhalation Powder-Prescribing Information Updated To Include Information About Primary Lung Malignancies In Patients In Clinical Trials FDA MedWatch-Neupro (rotigotine transdermal system)- Product Recalled Due To The Formation Of Rotigotine Crystals In The Patches Pharma's Direct-to-Consumer Marketing Continues Shift to Physician Offices, Online Programs ArQule Provides Clinical Update on E2F-1 Program Pregnancy and Cancer Top the List Of the Most Commonly Searched Health Conditions Biovail Announces Withdrawal of Legal Action by Eugene Melnyk FDA issues a Communication About an Ongoing Safety Review of CellCept and Myfortic DMA Forecasts $10.6 Billion in 2008 Pharmaceutical Sales via Direct Marketing; New Report Focuses on Pharmaceutical Industry Genentech Announces First Quarter 2008 Results

April 15

AstraZeneca Settles US Nexium Patent Litigation with Ranbaxy Shire to Introduce a New UK Listed Holding Company Roche Fully Acquires Privately-Owned Biotech Company Piramed Forest Laboratories, Inc. Reports Fiscal Year 2008 Fourth Quarter Reported EPS of $0.55 Including $0.35 Per Share Charge for Licensing Payment Johnson & Johnson Reports 2008 First-Quarter Results: Pfizer Completes Tender Offer for Shares of Encysive Pharmaceuticals Inc. Ingenuity Systems and Pfizer Announce Strategic Partnership for Pathway Analysis IMS Health Reports Global Prescription Sales Grew 6.4 Percent in 2007, to $712 Billion Statins May Help Reduce Blood Pressure Risk of Death from Rofecoxib in Some Trials May Have Been Misrepresented by Study Sponsor JAMA Editorial: Impugning the Integrity of Medical Science — the Adverse Effects of Industry Influence Use of Ghostwriters, Guest Authors Appears Frequent for Studies Involving Rofecoxib Merck Responds to Journal of the American Medical Association Articles

April 17

Baxter Reports Solid First Quarter Financial Results and Raises Full-Year Outlook FDA Issues "Review of Therapeutic Equivalence Generic Bupropion XL 300 Mg and Wellbutrin XL 300 Mg." Pfizer Reports First-Quarter 2008 Results; Reaffirms Full-Year 2008 Financial Guidance GlaxoSmithKline and Regulus Therapeutics Form Strategic Alliance To Develop MicroRNA Targeted Therapeutics to Treat Inflammatory Diseases Dynogen Pharmaceuticals and Apex Bioventures Mutually Terminate Merger Agreement Pfizer and AVANT Enter into Licensing and Development Agreement for Novel Therapeutic Vaccine Candidate for Brain Cancer Dainippon and Ono Discontinue Development for an Additional Indication of Limaprost Alfadex Roche Continues Solid Sales Growth in First Quarter of 2008 - Both Divisions Significantly Outpace Their Markets ViroPharma Announces Discontinuation of HCV-796 Development Dynavax and Merck & Co., Inc. Update Status of Clinical Hold of Investigational Vaccine Heplisav Washington University in St. Louis and AstraZeneca Announce Alzheimer's Research Collaboration Growth Hormone is Used to Treat Twice as Many Short Boys Than Girls in the U.S. and Asia; Gender Difference is Smaller in the Rest of the World Roche and the Institute for OneWorld Health Announce Research Collaboration to Fight Neglected Diarrheal Diseases in Developing Countries Cangene Voluntarily Withdraws One Lot of its Vaccinia Immune Globulin HealthOpin III: Fearing Recession, Americans Cut Back on Healthcare Spending
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