Pharma News Archive

Pharma News: May 2008

May 1	Sepracor to Acquire Oryx Pharmaceuticals Inc. and Expand Commercial Operations into Canada
May 1	Eisai Gained Favourable Ruling by Court of Appeal, as NICE Process for Developing Guidance on Anti-dementia Medicines Ruled Unfair
May 1	NUCRYST Announces Management Realignment and R&D Portfolio Change
May 1	Abbott, Takeda Conclude TAP Joint Venture
May 1	SEC Charges McCann-Erickson Worldwide With Accounting Fraud
May 1	Interpublic Announces Agreement to Settle SEC Claims
May 1	'Sharing Miracles' Television Program to Feature Leave it to Beaver Star Jerry Mathers
May 1	Renovis Stockholders Approve Acquisition by Evotec
May 2	Roche Exercises its Option to Further Develop and Commercialize Memory Pharmaceuticals' Nicotinic Alpha-7 Agonist, MEM 3454
May 2	QSV Biologics Awarded cGMP Manufacturing Contract by Pfizer Inc.
May 2	Merck Extends Enrollment Deadline in Program to Resolve U.S. Vioxx Product Liability Lawsuits
May 2	Critical Therapeutics Signs Definitive Agreement to Merge with Cornerstone BioPharma
May 5	Nordic Capital Fund VII and Avista Capital Partners Agree to Acquire ConvaTec Business for approximately $4.1 Billion
May 5	Curis Announces Genentech's Initiation of Hedgehog Antagonist Phase II Clinical Trial In Metastatic Colorectal Cancer
May 5	VaxGen Sells Anthrax Vaccine Program and Related Assets and Technology to Emergent BioSolutions, Inc.
May 5	GE Healthcare Signs Global Molecular Diagnostic Agreement to Advance Respiratory Drug Development
May 6	Merck to Reduce U.S. Sales Force by 1,200 Positions
May 6	Bayer Schering Pharma to Market New Low-dose Oral Contraceptive Yaz in Europe
May 6	Teva Reports First Quarter 2008 Results
May 6	EPO Announces Symbicort European COPD Use Patent Decision
May 6	Fougera First-to-Market With Calcipotriene Topical Solution 0.005% (Rx) (Scalp Solution)
May 6	Stiefel Laboratories, Inc. Acquires ABR Invent and ABR Development
May 7	Enzon Pharmaceuticals, Inc. Announces Plan to Spin-off Biotechnology Business
May 7	ACT Biotech Acquires Clinical and Early Stage Oncology Portfolio Licenses From Bayer Healthcare
May 7	Quintiles Signs Agreement to Acquire Eidetics
May 8	King Pharmaceuticals Reports First-Quarter 2008 Financial Results
May 8	Biovail Announces New Strategic Focus
May 8	Novartis Exercises Rights to Purchase Additional Shares of Alnylam's Common Stock in Accordance with Terms of Existing Investor Rights Agreement
May 8	GAO Report: Prescription Drugs - Trends in FDA’s Oversight of Direct-to-Consumer Advertising
May 8	FDA Sends Letter to Shire Over Fosrenol Promotional Materials
May 8	FDA Sends Novartis Warning Letter Over Trileptal Promotional Materials.
May 9	Orion has decided not to continue the development of a new COMT inhibitor candidate
May 9	Schweizerhall: Impending Approval of Clopidogrel from Cimex in Germany
May 9	Takeda Sees Operating Profit Drop for 2nd Yr on Swelling Costs
May 9	Lancet: Combating Counterfeit Drugs
May 12	Forest Laboratories, Inc. and Daiichi Sankyo, Inc. Announce the Termination of the Azor Co-Promotion Agreement
May 12	Lilly Completes Final Phase of Its Indianapolis Biotechnology Complex
May 12	Walgreens Health Initiatives Reports Negative Drug Trend for Highly Managed Plans
May 13	Pharmexa Stops One of Two Phase III Trials
May 13	Palatin Technologies Announces New Strategic Objectives and Reports Third Quarter 2008 Financial Results
May 13	Daiichi Sankyo: Expansion of Business into Turkey and India
May 13	Lilly Partners With TopCoder, to Find Drug Discovery IT Solutions
May 13	Higher Risk of Death and Stroke in Patients Given Beta-Blockers After Non-Cardiac Surgery (POISE Trial)
May 13	Bristol-Myers Squibb and KAI Pharmaceuticals Enter Global Alliance to Develop and Commercialize KAI-9803 for Cardiovascular Disease
May 13	Angiotech appoints Hank McKinnell to its Board of Directors
May 13	Lilly Backs Federal Legislation to Inform the Public on Payments to Physicians
May 14	Chronic Medication Nation: Research Finds Chronic Health Problems Now Afflict More Than Half of All Americans
May 14	Takeda Completes Subsequent Offering Period for Shares of Millennium Pharmaceuticals, Inc.
May 14	Securities Class Action Against Discovery Labs is Dismissed
May 14	Sosei Announces Outcome of Strategy Review
May 14	Mylan Launches Paroxetine Hydrochloride Extended-Release Tablets
May 14	Takeda Completes Acquisition of Millennium
May 14	FDA Places Geron's GRNOPC1 IND on Clinical Hold
May 14	FDA releases a Follow-up to the November 14, 2007, Communication about the Ongoing Safety Review of Cefepime (marketed as Maxipime)
May 14	Merck Wins Appeal in Vioxx Case
May 15	Manufacturer Removes Remaining Stocks of Trasylol
May 15	IMS Health Forecasts Continued Double-Digit Annual Growth of Cancer Therapeutics: Global Sales Expected to Exceed $75 Billion by 2012
May 15	Diabetes Drugs Emerge as Top Force in Drug Spending Growth
May 15	Biovitrum AB (SE) - Biovitrum Implements Strategic Restructuring of the R&D Organization
May 15	Forbes Medi-Tech Announces Corporate Restructuring --Company To Focus Exclusively on Core Nutraceutical Business and Reduce 2008 Research and Development Expenses by Approximately $2.7 Million-
May 15	Ortho Biotech, L.P. and Centocor, Inc. Alert Authorized Distributors and Prescribing Physicians About Stolen Product
May 15	District Court Decision Affirmed in U.S. Lovenox (enoxaparin sodium) Patent Infringement Case
May 16	American Red Cross Vindicated in J&J Lawsuit
May 16	Statement - New CIHI Report shows value of new medicines in health care system, Rx&D
May 16	Antisoma plc (UK) - Antisoma to Acquire Boston-Based Xanthus Pharmaceuticals
May 16	Celebrex Shows Benefit In First-of-Its-Kind Lung Cancer Chemoprevention Trial
May 16	Biovail Subsidiary Reaches Settlement with United States Department of Justice
May 16	Information on Mycophenolate Mofetil (marketed as CellCept) and Mycophenolic Acid (marketed as Myfortic)

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