Pharma Industry News Archive

Pharma Industry News: January 2008

January 2 PRWT Acquires Chemical Manufacturing Facility from Merck & Co., Inc.
January 2 Biovail Announces Supply Agreement for Commercialization of Extended-Release Tramadol
January 2 Use of Opioids to Treat Pain in Emergency Departments on the Rise, but Racial Differences in Opioid Use Still Exist
January 2 IDM Pharma Announces Termination of Uvidem Development Collaboration and Expected Restructuring in Connection With Evaluation of Strategic Alternatives
January 2 Pfizer Inc Announces Completion of the Tender Offer Relating to Outstanding Shares of Coley Pharmaceutical Group, Inc.
January 2 Beijing Med-Pharm Receives Business License for Alliance BMP Limited
January 2 Covalence Ethical Ranking 2007
January 3 Celgene/Pharmion Hart-Scott-Rodino (HSR) Thirty Day Waiting Period Expires
January 3 Addex and Merck & Co., Inc. Enter License Agreement to Develop a Drug Candidate for Schizophrenia
January 3 B-cell Chronic Lymphocytic Leukemia (B-CLL): Expanded Labeling for MabCampath in Europe
January 3 Crucell Enters Agreement with Sanofi Pasteur for Next-generation Biologicals Against Rabies
January 3 Phase Bioscience Announces New Collaboration with Centocor Research and Development
January 3 Galapagos Enters Into Oncology Target Discovery Collaboration with Janssen Pharmaceutica
January 3 Bruker AXS Announces Agreement to Acquire Elemental Analysis Company JUWE Laborgeraete GmbH
January 3 Novacea Provides Corporate and Development Update
January 3 Pfizer to Appeal Canadian Federal Court Ruling on Lipitor Patent; Court's Decision Will Have No Immediate Commercial Impact
January 3 FDA Issues Communication Communication about an Ongoing Safety Review of ESAs
January 4 2007 - The Year in Drugs
January 4 Illumina Announces Corporate Reorganization
January 4 BioMarin and Genzyme Restructure Aldurazyme 50/50 Joint Venture
January 4 WuXi PharmaTech to Acquire AppTec Laboratory Services, Inc.
January 4 IMS Health Announces Restructuring Actions to Improve Operating Efficiencies, Address Client Priorities
January 4 Berkery Noyes Represented The Thomson Corporation in the Sale of CenterWatch and New England Institutional Review Board to Jobson Medical Information
January 7 Magen BioSciences Licenses Dermatology Assets from Lilly
January 7 Contract Research Organization Market - What Pharmaceutical and Biotechnology Companies Want
January 7 Pfizer and Taisho Finalize Agreement for Novel Schizophrenia Drug Candidate
January 7 VaxGen Provides Update on Raven Transaction Progress
January 7 Boston Scientific Completes Sale of Auditory Business and Drug Pump Development Program
January 7 Access Pharmaceuticals Closes Acquisition of Somanta Pharmaceuticals
January 7 Encorium Group, Inc. Announces the Signing of a $2.0 Million Contract for Data Management Services for a Global Pharmaceutical Company
January 7 ATMI Acquires LevTech
January 7 Faust Pharmaceuticals Announces Research Agreement with Takeda
January 7 Inclinix Secures $10 Million in Expansion Funding
January 7 Omnicom's BBDO Invests in China's Shunya Communications Group
January 7 NextGen Sciences Announces Commercial Alliance with Paragon Bioservices, Inc
January 7 Boston Scientific Completes Sale of Cardiac Surgery and Vascular Surgery Businesses
January 7 Tacere Therapeutics Enters Collaboration and License Agreement With Pfizer To Develop and Commercialize RNAi Hepatitis C Drug
January 7 The GVK BIO Clinical Pharmacology Unit Granted Major Accreditations
January 7 Synovate Healthcare Boosts Global Oncology Portfolio Through Acquisition of Oncology Inc.
January 7 FDA MedWatch - Bisphosphonates- Possible Cause of Severe and Sometimes Incapacitating Bone, Joint, and/or Muscle Pain
January 7 MedImmune Broadens Focus of Venture Capital Fund to Include New Therapeutic Areas
January 7 Cambrex Signs Agreement To Acquire ProSyntest AS
January 7 Court of Appeals Upholds Verdicts in Favor of Cordis Corporation on Patents Infringed by Medtronic, Inc. and Boston Scientific Corporation
January 8 Cetero Research Adds DGD Research, Enhancing Their Therapeutic Capabilities and Expertise to Include Endocrinology and Metabolic Disorders
January 8 Reckitt Benckiser Receives Hart-Scott-Rodino Antitrust Clearance for Acquisition of Adams Respiratory Therapeutics
January 8 Cetero Research Adds DGD Research, Enhancing Their Therapeutic Capabilities and Expertise to Include Endocrinology and Metabolic Disorders
January 8 Anthera Pharmaceuticals Acquires the Worldwide Rights to a BAFF Inhibitor for the Treatment of Lupus and Other Autoimmune Diseases
January 8 NicOx Signs Extension of Ophthalmology Agreement With Pfizer
January 8 Boston Scientific Announces Court Decision
January 8 Seattle Genetics Earns Milestone Payment from Initiation of SGN-40 Phase Ib Clinical Trial in Combination with Rituxan for Non-Hodgkin Lymphoma
January 8 Genzyme and Isis Announce Strategic Alliance Including Exclusive Worldwide License of Mipomersen
January 8 Introducing Latest Study on 'Optimizing Partnerships with Contract Organizations: Effective Management, Key Issues and the Development of Virtual Pharmacos'
January 8 Committee on Energy and Commerce Opens Investigation into Celebrity Drug Endorsements
January 8 ViroPharma Provides Update on Vancocin
January 8 FDA Warnings Affected Prescriptions of Antidepressants to Youth
January 8 Removing Thimerosal from Vaccines Did Not Reduce Autism Cases in California
January 8 PII Acquires Pharmaterials Ltd
January 8 Iris Pharma and Clirophtha Merger Creates Unique Ophthalmology CRO
January 8 Iris Pharma and Clirophtha Merger Creates Unique Ophthalmology CRO
January 8 Biogen Idec and PDL BioPharma License the Rights to Develop Volociximab in Ophthalmic Indications to Ophthotech
January 8 ResearchPoint Global Announces Addition of M2S to Network
January 8 Acquisition of Lymphatix Brings VEGF Gene Rights and Technology to Catalyse Ark's Gene-Based Medicine Programmes
January 8 Praxis' Patient Recruitment Campaign Saves 300 Days off Enrollment for Women's Health Study
January 8 Genzyme Reports 21 Percent Increase in Fourth-Quarter Revenue
January 8 Amgen Updates 2007 Adjusted EPS Guidance and Outlines 2008 Expense Outlook at the JP Morgan Healthcare Conference
January 8 First Consulting Group Prevails at Court Hearing
January 9 Avista Capital Partners Completes Acquisition of Bristol-Myers Squibb Medical Imaging
January 9 D.C. Council Passes Safe Rx Act
January 9 Morphotek Announces Agreement for the Development of Antibodies to Treat Prostate Cancer
January 9 Barr Confirms Patent Challenge of Eloxatin Injectable, 5mg/mL
January 9 PPRS Renegotiation: Joint ABPI/DH Statement
January 9 Quintiles Central Lab, Clinical Development in China to Expand, Relocate to New Facility
January 10 Pfizer Wins Key New York State Court Ruling on Celebrex
January 10 Omeros Corporation Files Registration Statement for Proposed Initial Public Offering
January 10 Invitrogen Announces Acquisition of CellzDirect
January 10 Encorium Group, Inc. Announces Signing of $1.7 Million in Contracts with Leading International Biotechnology Company for Clinical Trials in Oncology and Rheumatology
January 10 Jerini Announces Collaboration Agreement with Baxter to Develop Novel Peptide for Use in Therapeutic Protein Purification
January 10 Noven Receives FDA Warning Letter Related to Mid-2007 Facility Inspection
January 11 Forest Laboratories, Inc. and Merz Pharma GmbH & Co. KgaA File Lawsuits Against Several Companies for Patent Infringement
January 11 RxElite Announces Acquisition of Assets of FineTech Laboratories
January 11 CSS Informatics Signs Solutions Partner Agreement with Nimbus Partners
January 11 Atlantis Holding Corp. Announces Merger With Medical Institutional Services, Inc.
January 14 Compugen Announces GPCR Ligand Discovery and License Option Agreement With Merck
January 14 Inspire Announces Its Termination of Bilastine Licensing Agreement
January 14 Pfizer Receives Initial Communication from U.S. Patent and Trademark Office Regarding Lipitor Basic Patent
January 14 Thimerosal-Autism Link Rejected by Maryland Court
January 14 Galapagos Extends Drug Discovery Collaboration with Lilly in Nuclear Hormone Receptor Research
January 14 BLM, the Leading Independent Agency, to Combine with Arena Media Communications
January 14 A.P. Pharma Announces Executive Officer Departure
January 14 Bridge Laboratories Receives $18 Million Financial Backing
January 14 Supreme Court Declines to Consider Whether Those Near Death Have Right of Access to Experimental Drugs
January 15 Genentech Announces Full Year and Fourth Quarter 2007 Results
January 15 Forest Laboratories, Inc. Reports Q3'08 Diluted Earnings Per Share of $0.96. Raises FY2008 EPS Guidance Range to $3.35-$3.45 Excluding $0.15 per Share Licensing Charge
January 15 Novo Nordisk Refocuses Its Activities Within Inhaled Insulin and Discontinues the Development of AERx
January 15 Reps. Dingell, Stupak to Continue ENHANCE Trial Investigation
January 15 First Head to Head Study Comparing Crestor and Lipitor Effects on the Treatment of Atherosclerosis
January 15 Akrimax Pharmaceuticals Purchases Rouses Point Plant
January 16 ACC Statement on Enhance Trial
January 16 EU Antitrust: Commission Launches Sector Inquiry Into Pharmaceuticals with Unannounced Inspections
January 16 NitroMed Reports on BiDil XR Progress Following FDA Meeting, Announces Restructuring and Suspension of BiDil Sales Force, and Retains Investment Bank to Advise on Strategic Options
January 16 ImpactRx Broadens Innovative Research Capability Through Acquisition of Paragon Research and Consulting
January 16 Sandoz Fully Cooperating with European Commission Investigation of the Pharmaceuticals Industry
January 16 HIV/AIDS Update - Reyataz (atazanavir) Package Insert Revisions
January 16 Canon Communications to Launch New Event for Drug and Medical Device Marketing
January 16 FDA Issues a Public Health Advisory on Edetate Disodium (Marketed as Endrate and Generic Products)
January 17 QLT Announces Visudyne Sales for Fourth Quarter and Fiscal Year 2007
January 17 QLT Inc. Announces Initial Steps in Strategic Restructuring
January 17 Ventana Responds to Extension of Roche's Unsolicited Tender Offer
January 17 Novartis Achieves Record Results in 2007 Underscoring Benefits of Strategic Healthcare Portfolio
January 17 Reps. Dingell, Stupak Raise Concerns, Questions on ENHANCE Trial
January 17 AAJ Demands FDA Withdraw Rule Allowing Drug Companies to Claim Immunity for Failing to Warn Patients of Potential Drug Hazards
January 17 FDA MedWatch - Edetate Disodium (marketed as Endrate and generic products) - Important Safety Considerations For Healthcare Professionals
January 17 Eisai and MGI Pharma Announce Early Termination of HSR Waiting Period for Eisai's Acquisition of MGI Pharma
January 17 Genedata Provides Expressionist Platform to Eisai Research Institute
January 17 Malvern Instruments Acquires Viscotek Corporation
January 18 Jan Marini Skin Research Suspends Sales of Popular Eyelash Products
January 18 StemCells, Inc. Provides Batten's Clinical Trial Update
January 18 Actavis Acquires Italian Manufacturing Site from Pfizer
January 18 Roche Invests 430 Million Swiss Francs at Sites in Germany and Switzerland Centres for the Research, Development, Production and Filling of Innovative Biopharmaceuticals to be Expanded
January 18 U.S. Appeals Court Upholds Finding that Abbott Infringed Innogenetics’ HCV Genotyping Patent, and Orders Abbott to Pay Innogenetics Monetary Damages and Sanctions
January 18 Pfizer Statement on Chantix (varenicline) Labeling Update in the United States
January 18 GTC Biotherapeutics Receives Notice Related to Nasdaq Minimum Closing Bid Price Rule
January 18 Schering-Plough CEO to Buy $2 Million in Common Shares
January 18 New Jersey Attorney General Announces Subpoena of Pharmaceutical Firm Over Marketing of Injectable Drug Enbrel
January 22 CytRx Provides Update on Phase IIb Arimoclomol Clinical Trial for ALS
January 22 Ortho Evra Prescribing Information Updated
January 22 Roche to Acquire Ventana for $89.50 per share
January 22 GSK Does Not Option XL784 for Further Development
January 22 Wyeth and Teva Pharmaceuticals Extend the Standstill Period Relating to Teva's Launch of Generic Pantoprazole
January 22 19 Percent of Office-Based Physicians Refuse to See Pharmaceutical, Biotech and Medical Device Sales Reps
January 22 Exelixis and Bristol-Myers Squibb to Co-Develop XL139, an Inhibitor of the Hedgehog Pathway
January 22 Aureon Laboratories to Collaborate with Pfizer, Inc. to Establish Quantitative Biometrics for Assessing Therapeutic Response of Prostate Cancer Patients Treated with Hormone Therapy
January 22 Teva to Acquire CoGenesys
January 22 Elsevier Acquires Edra S.p.A
January 23 Abbott Reports 16.1 Percent Sales Growth in Fourth Quarter
January 23 Reps. Dingell, Stupak Continue Enhance Trial Inquiry
January 23 Oversight and Government Reform Committee Chairman Waxman Requests FDA Provide Documents Regarding Drug Company Marketing Loophole
January 23 Paul Capital Healthcare Purchases Additional Royalty Interest in GlaxoSmithKline's Rotarix
January 23 Eisai Announces Satisfaction of Conditions to Tender Offer for MGI Pharma Shares
January 23 Pfizer Reports Fourth-Quarter and Full-Year 2007 Results and 2008 Financial Guidance
January 23 Bayer Establishes US Special Access Program for Leukine While Replacing Current Liquid Formulation
January 23 Dalton Medicinal Chemistry Partners Achieves Another Milestone in Collaboration with Boehringer Ingelheim (Canada) Ltd.
January 23 U.S. Federal Trade Commission Clears Global Licensing and Development Agreement Between BioMS Medical and Lilly
January 23 Direvo to Collaborate with Medimmune on Therapeutic Protease for the Treatment of CNS Diseases
January 23 U.S. Patent Office Rejects Key HIV/AIDS Drug Patents at PUBPAT Request: Government Finds Prior Art Submitted By PUBPAT Invalidates All of Gilead Sciences' Claims
January 24 Baxter Achieves Record Sales and Earnings for Full-Year 2007
January 24 GlaxoSmithKline and TB Alliance Renew Tuberculosis Drug Discovery Program
January 24 Stanford Study Finds Transplant Patient Thrives 2 Years After Stopping Immunosuppressive Drugs
January 25 Amgen's Fourth Quarter 2007 Adjusted Earnings Per Share (EPS) Increased 11 Percent to $1.00; Full Year 2007 Adjusted EPS Increased 10 Percent to $4.29
January 25 TransTech Pharma, Inc. Acquires Three Programs for the Treatment of Metabolic Disorders from Novo Nordisk
January 25 Allergan, Inc. Comments on Botox (Botulinum Toxin Type A) Safety Profile
January 25 ApoCell to Conduct Studies in Support of Novel Pfizer Cancer Drug Trial
January 25 LabCorp Announces Definitive Agreement to Acquire Tandem Labs, Inc.
January 25 EMEA Statement on the Safety of Gardasil
January 25 Arena Pharmaceuticals Announces Initiation of Phase 1 Clinical Trial of Second Generation Niacin Receptor Agonist Under Its Collaboration With Merck & Co., Inc.
January 25 EMEA Recommends New Warnings and Contraindications for Rosiglitazone
January 25 Sen. Grassley Asks Questions About Controversy Over Delayed Release of Drug Study Involving Vytorin
January 25 MicroIslet Announces Management Change and Receives Working Capital Loan
January 25 FDA Issues Early Communication about an Ongoing Review of Vytorin
January 28 Over-the-counter eardrops may cause hearing loss or damage
January 28 Allergan, Inc. Responds to Public Citizen's Allegation Regarding a Fatality Following Botox Cosmetic Treatment
January 28 Merck Receives Not Approvable Letter from FDA for OTC Mevacor (lovastatin) 20 mg
January 28 German Federal Cartel Office Clears Celgene to Acquire Pharmion
January 28 Abbott and Eisai Announce Changes in the Sales Scheme in Japan for Adalimumab, A Fully Human Monoclonal Anti-TNF- Antibody
January 28 Gastrotech Signs Licensing Agreement with Eli Lilly Following Positive Clinical Data on Compound for Irritable Bowel Syndrome
January 28 Canon Communications Announces Details of Drug Development Summit
January 28 Bausch & Lomb and CrystalGenomics Announce R&D Collaboration
January 29 Lilly Caps Successful Year with Strong Fourth-Quarter Results
January 29 Eisai Completes Acquisition of MGI Pharma
January 29 Theratechnologies Announces Review of Strategic Alternatives and Filing of Preliminary Base Shelf Prospectus for Up to $35 Million Equity Financing
January 29 PAION Agreement with Lundbeck Comes Into Force, Securing Future Desmoteplase Development and EUR 8 Million Upfront-payment to PAION
January 29 U.S. Pharmacopeia 8th Annual MEDMARX Report Indicates Look-Alike/Sound-Alike Drugs Lead to Thousands of Medication Errors Nationwide
January 30 FDA Sends Warning Letter to Novartis Vaccines and Diagnostics
January 30 Teva Announces Wyeth Voids Standstill Agreement on Generic Protonix
January 30 Merck Announces 2007 Financial Results Reflecting Revenue Growth from Key Products
January 30 Wyeth Announces Launch of Own Generic Version of Protonix
January 30 Neose Announces Discontinuation of NE-180 Program
January 30 Kyowa Hakko Nine-month Operating Income up 20.6%; Raises Full-year Forecasts
January 30 Record Operating Results for Roche Again in 2007
January 30 Taisho Revises Earnings Forecasts for FY2007 Full Year
January 30 Prasco to Distribute Wyeth's Own Generic Versions of Protonix Delayed-Release Tablets
January 30 Allergan Reports Fourth Quarter Operating Results
January 30 Common Drug-Releasing Coronary Stents Appear to Have Similar Clinical Outcomes
January 30 Solvay Pharmaceuticals, Inc. Announces Retirement of CEO Laurence Downey and Appointment of Stephen Hill as New President and Chief Executive Officer
January 31 Wyeth Reports Earnings Results for the 2007 Fourth Quarter and Full Year
January 31 P&G Reports $0.98 EPS, Up 17%, on 9% Sales Growth; Announces Plan to Create Stand-Alone Coffee Company
January 31 ImClone Systems Reports Fourth Quarter and Full Year 2007 Financial Results
January 31 Bristol-Myers Squibb Company Reports Financial Results for the Fourth Quarter and Twelve Months of 2007
January 31 PsychoGenics Expands Drug Discovery Relationship with Eli Lilly and Company
January 31 Cell Therapeutics, Inc. (CTI) Cuts Net Operating Expenses 35% and Expands Commercial Team to Support Zevalin Sales and Applications Seeking Two Product Approvals in 2009
January 31 AstraZeneca PLC, Fourth Quarter and Full Year Results 2007
January 31 Novo Nordisk: Financial statement for 2007
January 31 Innate Pharma and Novo Nordisk A/S Partnership Refocused on the Inflammatory Field
January 31 FDA MedWatch- Antiepileptic Drugs- FDA Analysis Showed Patients Receiving Antiepileptic Drugs Had Approximately Twice The Risk of Suicidal Behavior Or Ideation

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