Article Listing - Astellas Pharma exercises option for MorphoSys' RapMAT

Takeda debuts three new diabetes drugs, Nesina, Kazano and Oseni, in USA

20 June 2013

Japan's largest drugmaker Takeda Pharmaceutical (TYO: 4502) says that its new diabetes products Nesina (alogliptin), a dipeptidyl peptidase-4 inhibitor (DPP-4i), and the fixed-dose combination therapies Kazano (alogliptin and metformin HCl) and Oseni (alogliptin and pioglitazone) are now available by prescription in pharmacies in the USA. All three drugs were approved early this by the Food and Drug Administration for the treatment of type 2 diabetes in adults, as adjuncts to diet and exercise (The Pharma Letter January 28).

$200+ billion annual opportunity in USA from using medicines more responsibly, IMS finds

20 June 2013

Avoidable costs of more than $200 billion are incurred each year in the US health care system as a result of medicines not being used responsibly by patients and health care professionals, according to a new study released yesterday June 19) by the IMS Institute for Healthcare Informatics. This represents 8% of the country's total annual health care expenditures and amounts to millions of avoidable hospital admissions, outpatient treatments, pharmaceutical prescriptions and emergency room visits for patients.

It's official: "obesity is a disease," says AMA

20 June 2013

The American Medical Association at its annual meeting this week adopted a policy that recognizes obesity as a disease requiring a range of medical interventions to advance obesity treatment and prevention."Recognizing obesity as a disease will help change the way the medical community tackles this complex issue that affects approximately one in three Americans," said AMA board member Patrice Harris, adding: "The AMA is committed to improving health outcomes and is working to reduce the incidence of cardiovascular disease and type 2 diabetes, which are often linked to obesity."

EU Commission fines Lundbeck and other Pharmas over "pay-for-delay" deals

19 June 2013

In a much awaited decision following its investigations of patent settlements (or pay-for-delay deals) between pharmaceutical companies and generic drugmakers started in 2008, the European Commission revealed today (June 19) that it has imposed a fine of 93.8 million euros ($125 million) on Danish pharmaceutical company Lundbeck (LUND: CO) and fines totalling 52.2 million euros on several producers of generic medicines.

Mixed results for AstraZeneca/B-MS' Onglyza; Newron's safinamide does well in PD

19 June 2013

Anglo-Swedish drug major AstraZeneca (LSE: AZN) and US partner Bristol-Myers Squibb have announced mixed top-line results of the Phase IV SAVOR-TIMI-53 (Saxagliptin Assessment of Vascular Outcomes Recorded in Patients with Diabetes Mellitus) clinical trial of diabetes drug Onglyza (saxagliptin).

Actavis and Kissei file law suits against Sandoz and Hetero over Rapaflo patent

19 June 2013

USA-based Actavis (NYSE: ACT), itself predominantly a generic drug marketer, and Japan's Kissei Pharmaceutical confirmed that they have filed law suits against Swiss drug major Novartis' (NOVN: VX) Sandoz unit and India's Hetero in the US District Court for the District of Delaware for infringement of US Patent No 5,387,603 covering Rapaflo (silodosin), a treatment for the signs and symptoms of benign prostatic hyperplasia (BPH).

Protalix BioTherapeutics enters Gaucher drug Uplyso deal with Brazil's Ministry of Health

19 June 2013

Israel-based Protalix BioTherapeutics (TASE:PLX) has entered into a supply and technology transfer agreement with Fundacao Oswaldo Cruz (Fiocruz), an arm of the Brazilian Ministry of Health for Uplyso (alfataliglicerase), the company's proprietary enzyme replacement therapy for the treatment of Gaucher disease.

Royalty pulls plug on Elan buy (for now?); analysts' view on what comes next

19 June 2013

In the ongoing hostile takeover saga, US private equity firm Royalty Pharma has withdrawn its request for a judicial review of the Irish Takeover Panel's decision requiring it to lapse its offer for drugmaker Elan Corp (NYSE: ELN) oration, if, among other things, Elan shareholders approved the Share Repurchase Program (The Pharma Letter June 18).

Athera and Boehringer Ingelheim enter option agreement on a novel therapy for atherosclerosis

19 June 2013

Sweden-based Athera Biotechnologies, which is 65% owned by Karolinska Development, has entered into an option agreement with Boehringer Ingelheim on a novel preclinical antibody program, whereby Athera grants the family-owned German drug major an exclusive option to acquire the entire program. Athera's fully-human monoclonal antibody is intended for the treatment of patients with cardiovascular disease, who are at an increased risk of secondary events and death.

Curie-Cancer and Sanofi cooperate in research on ovarian cancer

19 June 2013

Carnot label, have established a three-year research collaboration to identify new therapeutic targets for the development of treatments for ovarian cancer. Financial terms of the accord were not disclosed.

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