Article Listing - China’s monoclonal antibody industry growing but still lagging USA and Europe
Nordion to sell Targeted Therapies business to BTG for $200 million
24 May 2013
Canada's Nordion (TSX: NDN), a provider of products and services for the prevention, diagnosis and treatment of disease, has entered into an agreement to divest its Targeted Therapies business to UK-based BTG (LSE: BTG) for a cash purchase price of $200 million. Net of cash taxes and transaction costs, Nordion expects to realize around $185 million on closing. The transaction is anticipated to be completed by the end of June 2013.
Novo Nordisk's diabetes drug Victoza produced 8% weight loss in Ph III obesity trial
24 May 2013
Danish insulin giant Novo Nordisk (NOV: N) has released headline results from a 56-week double-blind Phase IIIa clinical trial investigating the potential of liraglutide, the active ingredient of its type 2 diabetes agent Victoza, to induce and maintain weight loss in people without diabetes who are obese or overweight with co-morbidities such as pre-diabetes, hypertension and dyslipidemia.
FDA allows marketing of first A1c test labeled for diagnosing diabetes, from Roche
24 May 2013
The US Food and Drug Administration yesterday (May 23) announced that it is allowing marketing of the Cobas Integra 800 Tina-quant HbA1cDx assay (Tina-quant HbA1cDx assay) for the diagnosis of diabetes by health care professionals, a product from Swiss drug major Roche (ROG: SIX). This is the first HbA1c test that the FDA has allowed to be marketed for this use.
BRICs not delivering promises of high growth in health care markets, says F&S
24 May 2013
Health care organizations expanding into emerging markets such as the BRICs (Brazil, Russia, India and China) are realizing there are no shortcuts. This is proving particularly challenging, considering the current health care environment, especially in the USA. Companies must change the dialogue around BRIC, as it is now more about establishing value, customizing to local needs, and building regional partnerships to build a sustainable business, according to market research group Frost & Sullivan.
Johnson & Johnson expects 10 NDA filings by 2017, saying pharma sector poised for growth
24 May 2013
At a meeting today with industry analysts, senior leaders from the Janssen pharmaceutical companies of US health care giant Johnson & Johnson (NYSE: JNJ) yesterday (May 23) announced they anticipate submitting more than 10 new product filings and more than 25 significant brand line extensions by 2017.
Merck & Co drops development of PD candidate preladenant
24 May 2013
Following review of three separate Phase III studies of preladenant, US pharma giant Merck & Co (NYSE: MRK) said that these did not provide evidence of efficacy for this investigational adenosine A2A receptor antagonist in the treatment of Parkinson's disease (PD).
AAA enters supply deal with Eli Lilly for Amyvid in France, Italy and Spain
24 May 2013
France-based molecular nuclear medicine firm Advanced Accelerator Applications (AAA) says it has signed a non-exclusive manufacturing and service agreement to supply US pharma major Eli Lilly's (NYSE: LLY) Amyvid (florbetapir (18F)) solution for injection in France, Italy and Spain.
Positive new data on Novartis' Galvus in elderly type 2 diabetes patients
23 May 2013
Results of the INTERVAL study were published on line in The Lancet today (May 23) and for the first time demonstrated the feasibility of setting and achieving individualized treatment targets in elderly patients with type 2 diabetes.
Alexza deal with Teva sets stage for Adasuve, say analysts
23 May 2013
USA-based Alexza Pharmaceuticals' (Nasdaq: ALXA) US marketing deal with Israel-headquartered Teva Pharmaceutical Industries (NYSE: TEVA) for Adasuve (orally-inhaled Staccato loxapine; The Pharma Letter May 9) enhances the product's US sales prospects given Teva's expertise in the psychiatric and hospital markets, say analysts at Edison Investment Research.
Exec appointments at Biogen Idec and Halozyme; Succession plan for Forest Labs
23 May 2013
US biotech firm Biogen Idec (Nasdaq: BIIB) announced that Spyros Artavanis-Tsakonas, has been named chief scientific officer. Dr Artavanis-Tsakonas had served as interim CSO while on sabbatical from Harvard Medical School.
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- Is the diabetes market facing a blockbuster-free future?
- Positive new data on Novartis' Galvus in elderly type 2 diabetes patients
- AstraZeneca's naloxegol meets endpoints; EMA validates Gilead's sofosbuvir MAA
- Boehringer Ingelheim gets FDA warning letter on cGMP failures
