Pharma Industry News Archive

Pharma Industry News: December 2008

December 1 Introgen Restructures Operations to Focus on Revenue-Generating Manufacturing Capabilities
December 1 Quintiles Acquires Targeted Molecular Diagnostics
December 1 Arpida to Restructure and Focus on Key Projects
December 1 Hemispherx Biopharma Introduces Expense Reduction Program
December 1 Johnson & Johnson Announces Definitive Agreement to Acquire Mentor Corporation
December 1 TargetRx's LaunchAdvantage Offers Critical Insight for Successful Drug Introductions
December 1 Pressure BioSciences, Inc. Announces Restructuring, Significant Cost Reduction Initiatives, and Sharpened Focus
December 1 Enzon Discontinues Its Plan to Spin-off Its Biotechnology Business
December 2 InSite Vision Announces Corporate Restructuring To Focus on Growth Opportunities and Conserve Resources
December 2 WuXi PharmaTech Will Focus U.S. Operations on Laboratory Testing Services
December 2 Titan Pharmaceuticals Announces Reduction in Force
December 2 Sinovac Releases Statement on Healive Vaccine Suspension
December 2 Epilepsy Drug May Increase Risk of Autism in Children
December 2 PhRMA Statement on JAMA Study
December 2 Brand-Name Drugs Do Not Appear Superior to Generic Drugs for Treating Cardiovascular Disease
December 3 FDA Issues Questions and Answers on Medication Guides for Erythropoiesis-stimulating Agents (ESAs).
December 3 Innohep (tinzaparin): Clinical study Stopped Early Because of Interim Finding of Increased All-cause Mortality in Patients Who Received Drug
December 3 Cell Genesys and Takeda Announce Termination of Collaboration Agreement for GVAX Immunotherapy for Prostate Cancer
December 3 Drug Marketing Techniques May Be Risking Patient Safety
December 3 AstraZeneca Appoints Graham Baker Vice President and Chief Financial Officer for North America
December 3 The Prescription Project Petitions FDA to Order Pharmaceutical and Medical Device Companies to Remove Illegal Internet Ads
December 4 GlaxoSmithKline Announces Waiver of a Condition to the Tender Offer for Genelabs Technologies, Inc.
December 4 ThermoGenesis Announces Management Transition; Provides Update on Operational Milestones
December 4 Merck Provides 2009 Financial Guidance; Reaffirms Guidance for 2008 and 2010
December 4 Introgen Files Voluntary Chapter 11 Petition to Facilitate Restructuring
December 4 Forest Laboratories Responds to Unsolicited Mini-Tender Offer
December 4 Economic Measures Including a Projected Corporate Restructuring and Workforce Reduction
December 5 FDA Sends AstraZeneca Letter about Seroquel
December 5 YM BioSciences Provides EU Regulatory Update
December 5 Novel Basis Identified for Tamoxifen Failure
December 8 Bristol-Myers Squibb and AstraZeneca Announce Expansion of Worldwide Collaboration to Develop and Commercialize Dapagliflozin in Japan
December 8 SDI Reports: Physicians Satisfied with Number of Sales Rep Visits
December 8 Alnylam Strengthens Intellectual Property Estate through Acquisition of Nucleonics Patent Assets
December 8 FDA Approves GlaxoSmithKline Tetanus, Diphtheria, Whooping Cough Vaccine, Boostrix, for Adults
December 8 Emisphere Announces Reorganization Plan to Strengthen Financials and Focus On Technology Application
December 9 XTL Biopharmaceuticals Implements Restructuring Plan
December 9 Electronic Prescribing System May Encourage Physicians to Choose Lower-Cost Drugs
December 9 Kuvan Receives Marketing Approval in the European Union
December 9 Merck KGaA’s Kuvan Receives Marketing Authorization in Europe
December 9 Merck Outlines Long-Term Prospects and Progress on Strategic Plan at 2008 Annual Business Briefing
December 10 Sanofi-Aventis: Changes in Organisation
December 10 Popular Class of Diabetes Drugs Doubles Risk of Fractures in Women
December 10 IMS Health Reports Annual Global Generics Prescription Sales Growth of 3.6 Percent, to $78 Billion    
December 10 America’s Pharmaceutical Research Companies Enhance Voluntary Guidelines on Direct-to-Consumer Advertising
December 10 NRC Staff Proposes $3,250 Fine for Security Violations at GlaxoSmithKline Biologicals
December 11 Hospira Issues Voluntary Recall of One Lot of 20meq Potassium Chloride in 5% Dextrose and 0.45% Sodium Chloride Injection, USP Due to Incorrect Bar Code Label
December 11 Hovione Buys Pfizer's Loughbeg API Facility
December 11 Panacos Provides Update on Corporate Strategy
December 11 AstraZeneca Returns Worldwide Rights to IPI-504 and IPI-493 Development Programs to Infinity Pharmaceuticals
December 11 Lilly Highlights Transformation Strategy for Wall Street, Reviews Robust Pipeline and Sets 2009 Financial Guidance
December 11 The Prescription Project Criticizes New PhRMA DTCA Guidelines
December 11 Dingell, Stupak React to PhRMA's DTC Policy Revisions
December 11 Massachusetts Proposes Sweeping New Rules Governing Sales and Marketing Tactics of Pharmaceutical and Medical Device Companies
December 11 Pain Therapeutics Receives Complete Response Letter From FDA for Remoxy
December 12 FDA Requires New Safety Measures for Oral Sodium Phosphate Products to Reduce Risk of Acute Kidney Injury
December 12 AstraZeneca Responds to FDA Joint Advisory Committees' Recommendation on Symbicort
December 12 Elan Announces Resource Realignment
December 12 GlaxoSmithKline Statement on FDA Advisory Committee Vote on Use of Asthma Medicines Containing Long-Acting Beta-Agonists
December 12 Johnson & Johnson Announces Receipt of Israeli Antitrust Approval for Acquisition of Omrix
December 12 Bayer Strengthens Research and Development
December 12 AstraZeneca Responds to FDA Joint Advisory Committees’ Recommendation on Symbicort
December 12 Amorfix Receives Fourth Biogen Idec Investment
December 12 Johnson & Johnson Begins Tender Offer to Acquire Mentor Corporation
December 12 Allergists Respond to FDA Committee Recommendation on Asthma Medication, Encourage Patients with Questions to Contact Physicians
December 12 Sanofi-Aventis and Bristol-Myers Squibb Prevail before the U.S. Court of Appeals for the Federal Circuit in the U.S Plavix Patent Infringement Case
December 12 Lilly Chairman Taurel Says Promise of Personalized Medicine Could be Jeopardized by Short-Sighted Public Policies
December 15 Senator Grassley’s Letter to Wyeth About Medical Ghostwriting
December 15 Senator Grassley’s letter to DesignWrite Inc. about medical ghostwriting
December 15 Adventrx Exploring Strategic Options
December 15 SDI Reports: Number of Flu Vaccines Given in Physicians’ Offices Lower This Season
December 15 Sanofi-aventis U.S. Announces Increased Access to Drugs for Low Income Patients Through Expanded PAP Programs
December 15 Titan Pharmaceuticals Announces Further Reductions in Workforce and Voluntary Delisting from the American Stock Exchange
December 15 EntreMed Focuses on Development of ENMD-2076
December 15 Major Shareholder Jack W. Schuler Calls for Termination of Elan CEO
December 16 Akorn, Inc. Responds to FDA Draft Guidance for Industry on Bioequivalence Recommendation for Vancomycin HCl
December 16 FDA signs contract with Entelos to Predict Cardiovascular Adverse Events
December 16 Jazz Pharmaceuticals Announces Reduction in Force to Reflect Streamlined Operations
December 16 Biogen-Idec Reports PML Case
December 17 Abbott Exercises Its Option to Acquire Ibis Biosciences, a Subsidiary of Isis
December 17 Healthcare Costs Prevented Nearly 40 Million Americans From Filling Their Prescriptions in 2008
December 17 Neurobiological Technologies Announces Viprinex Does Not Pass Interim Futility Analysis
December 17 National Survey Finds That in the Last Three Months Millions of Americans Are Stretching Their Drug Prescriptions, Saving Themselves Money, by Either Taking the Medication Less Often or by Taking a Smaller Dosage Than the Physician Prescribed
December 17 Study Finds Much of Private-Sector Consumer Medication Information Not Consistently Useful
December 17 FDA Requires Warnings about Risk of Suicidal Thoughts and Behavior for Antiepileptic Medications
December 17 Lundbeck Initiates Clinical Phase III Trials With Desmoteplase in Ischemic Stroke
December 17 FTC Sues Ovation Pharmaceuticals for Illegally Acquiring Drug Used to Treat Premature Babies with Life-Threatening Heart Condition
December 18 Wyeth Pharmaceuticals Acquires Thiakis Limited
December 18 FDA Announces New Recommendations on Evaluating Cardiovascular Risk in Drugs Intended to Treat Type 2 Diabetes
December 18 ViroPharma Files FOIA Complaint Seeking Administrative Record for Vancocin
December 19 Dynavax Announces Termination of Partnership With Merck for HEPLISAV Hepatitis B Vaccine
December 19 ArQule Provides Update on Early-Stage Pipeline
December 19 Targanta Announces Corporate Restructuring
December 19 Oncothyreon Announces Development Plans and Personnel Changes and Updates Financial Guidance
December 22 King Extends Tender Offer for Alpharma
December 22 GlaxoSmithKline to Cease Providing Corporate Political Contributions
December 22 GSK to Acquire BMS Pakistan
December 22 Avigen Board and Management Comment On the Company's Strategic Plans
December 23 GlaxoSmithKline and Archemix Form Strategic Alliance to Develop Aptamers to Treat Inflammatory Diseases
December 23 Wisconsin AG Van Hollen Announces Settlement In Case Against Amgen And Immunex Alleging Deceptive Manipulation Of Average Wholesale Price For Pharmaceuticals
December 23 Emory University Announces Actions Following Investigation
December 23 Rep. Barton Probes FDA Contract
December 23 Teva Completes Acquisition of Barr
December 23 New Report Highlights Dramatic Change in U.S. Drug Spending Trends, Policy Implications
December 23 KV Pharmaceutical Voluntarily Suspends All Shipments of Its Approved Tablet-Form Drugs
December 23 Ethex Corporation Initiated Nationwide Voluntary Recall of a Single Lot of Hydromorphone HCl 2 mg Tablets Due to Potential for Oversized Tablet
December 23 Abbott and Isis Announce Hart-Scott-Rodino Clearance of Abbott's Acquisition of Ibis Biosciences, a Subsidiary of Isis
December 24 FDA Sends Abbott Letter About Humira
December 24 Cytokinetics Retains Development and Commercialization Rights to Ispinesib and SB-743921
December 24 CPI Investigates: Heart Drug Called 'Prima ry Suspect' in 667 Deaths
December 24 Among Older Adults, Prescription And Over-The-Counter Medications Are Commonly Used Together
December 30 Florida to Receive $8.5 Million in Medicaid Settlement with Pharmaceutical Company
December 30 Biovail Announces Voluntary Recall of Certain Lots of Ultram ER 100mg Tablets
December 30 King Completes Acquisition of Alpharma
December 30 Actavis Acquires Kadian; Extends Specialty Drug Portfolio in U.S.
December 31 Johnson & Johnson Completes Acquisition of Omrix Biopharmaceuticals, Inc.
December 31 U.S. Navy Requested Operations Trial on FDA Hold
December 31 Sinovac Announces that Government Investigation Rules Out Healive's Role in Child's Death
December 31 PriCara Recalls 50 mcg/hr Duragesic (fentanyl transdermal system) CII Pain Patches

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