Archive for January, 2006

Global sales of cancer drugs are expected to double

‘Cancer is becoming big business in the Bay Area. But the price tag could loom large, too.
Nearly 400 clinical tests of cancer treatments were under way nationwide last year — more than triple the number in 1993. And a quarter of those studies involved Bay Area companies, ranging from Pharmacyclics of Sunnyvale to Palo-Alto based […]

Tuesday, January 31st, 2006

Schering-Plough CEO mulls HDL-raising drugs

‘The chief executive officer of Schering-Plough Corp. on Monday said he is interested in pursuing drugs that boost “good” HDL cholesterol and is hopeful the company’s experimental hepatitis C drug will eclipse current treatments in safety and effectiveness.
“Now that Schering-Plough has become strong in cardiovascular medicine, we are looking at the HDL area and […]

Tuesday, January 31st, 2006

BioMarin gets European drug OK

‘BioMarin Pharmaceutical Inc. said Monday that European regulators approved its drug Naglazyme.
The drug is a treatment for the genetic disease MPS VI, known as Maroteaux-Lamy syndrome.’

Read more at BioMarin gets European drug OK

Tuesday, January 31st, 2006

BUSH: To Propose Expansion of HSAs in State of the Union Address

‘President Bush in his State of the Union address on Tuesday plans to announce proposals that provide consumers with “more control over — and responsibility for — their medical spending” to help reduce health care costs, the Wall Street Journal reports. The proposals likely will focus on the expansion of health savings accounts, which are […]

Tuesday, January 31st, 2006

Merck Wins Lawsuit Over Vioxx Painkiller Brought by Texas Man

‘Merck & Co., the third-biggest U.S. pharmaceutical company, won a lawsuit over its Vioxx painkiller, after a state judge in New Jersey said a Texas man failed to prove the drug caused his stomach pain and internal bleeding.
Superior Court Judge Carol Higbee in Atlantic City granted a motion for summary judgment to Merck, saying the […]

Tuesday, January 31st, 2006

Nutraceuticals behind choline demand, says Spanish producer

‘Choline salt specialist Algry Quimica has indicated that demand for its choline derivatives is continuing to rise thanks to growing awareness of their uses in nutraceuticals.
The private Spanish company has said it expects its sales of pharma grade choline salts to increase by between eight and 10 per cent in the first quarter of 2006, […]

Tuesday, January 31st, 2006

Postcode decides whether women receive breast cancer drug Herceptin

‘A British woman is so desperate to be given access to the breast cancer drug Herceptin that she is prepared to protest at the government’s Welsh assembly in the Welsh capital Cardiff.
Jayne Sullivan, a 45-year-old mother says she means to maintain her protest until what she describes as the Herceptin “postcode lottery” for women is […]

Tuesday, January 31st, 2006

‘MAP Pharmaceuticals Inc., a leading developer of novel inhaled drug therapies, today announced the closing of a $25.25 million Series C preferred stock financing with several top-tier biotechnology investors. Proceeds from this financing will be used primarily to advance the Phase II clinical development of the company’s two lead drug candidates for the treatment of […]

Monday, January 30th, 2006

Drug Company Settlement To Help Mental Illness Group

‘Funds from a settlement with a drug company will help an Arkansas mental health organization expand its assistance for children,
Arkansas Attorney General Mike Beebe says the Arkansas chapter of the National Alliance on Mental Illness will be awarded $14,516 from a 2003 settlement between the state and Bristol-Myers Squibb. ‘

Read more at Drug Company Settlement […]

Wednesday, January 25th, 2006

ImQuest Pharmaceuticals and Samjin Pharmaceutical Co. Form Strategic Drug Development Alliance

mQuest Pharmaceuticals, Inc. (Frederick, MD, United States) and Samjin Pharmaceutical Co. Ltd. (Seoul, Korea) announced the formation of a strategic drug development alliance. According to the terms of the agreement, ImQuest Pharmaceuticals will provide complete preclinical and clinical drug development support for therapeutic small molecules discovered by Samjin Pharmaceutical Co.

Samjin Pharmaceutical Co., a publicly held […]

Wednesday, January 25th, 2006

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