Article Listing - Boehringer Ingelheim reports strong sales and income growth for 2004

Bristol-Myers and Simcere agree to co-develop/commercialize Orencia SC in China

14 June 2013

US pharma major Bristol-Myers Squibb (NYSE: BMY) and China-based Simcere Pharmaceutical (NYSE: SCR) have expanded their strategic relationship formed in 2010. The companies have agreed to collaborate in China on the co-development and commercialization of the subcutaneous (SC) formulation of B-MS' biologic Orencia (abatacept), for the treatment of rheumatoid arthritis. Orencia SC is already on the market for the treatment of rheumatoid arthritis in the USA, Europe and Japan and generated first-quarter 2013 sales of $320 million.

June meeting highlights from EMA Pharmacovigilance Risk Assessment Committee

14 June 2013

The European Medicines Agency's Pharmacovigilance Risk Assessment Committee (PRAC) has made several recommendations on safety referrals at its June 2013 meeting, including a series of measures to address safety concerns with codeine-containing medicines when used for the management of pain in children.

Canadians have access to fewer new medicines than in most OECD countries

14 June 2013

Compared to 32 other developed countries, Canada's public drug plans perform poorly in providing access to new medicines and vaccines, according to the 2011-2012 International Report on Access to Medicines released by Canada's Research-Based Pharmaceutical Companies (Rx&D).

Royalty bid for Elan could be withdrawn; J&J sells 25.4 million Elan shares

14 June 2013

Ireland-based hostile takeover target Elan (NYSE: ELN) fell 5.2% to 9.29 euros on June 13, the most in four months, after Royalty Pharma said it may be forced to end its $6.7 billion bid to take over the biotechnology company. Elan shareholders may approve a share-repurchasing program at their meeting on June 17, Royalty Pharma said in a statement after reviewing votes cast as of the day earlier.

Boehringer Ingelheim's all-oral interferon-free combination achieved 95% viral cure rates in genotype-1b hepatitis C

14 June 2013

New data from German family-owned drug major Boehringer Ingelheim's interferon-free SOUND-C3, presented during the APASL Liver Week in Singapore, showed strong results for the firm's investigational all-oral interferon-free combination in the treatment of genotype-1b hepatitis patients.

Data on Novo Nordisk's Victoza further supporting safety presented at expert workshop

14 June 2013

Danish Insulin giant Novo Nordisk (NOV: N) presented data further supporting the safety of Victoza (liraglutide [rDNA origin] injection) at a scientific workshop in the US arranged by the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) and the National Cancer Institute (NCI).

Lilly stops Ph II study of Alzheimer's candidate LY2886721 due to abnormal liver tests

14 June 2013

US drug major Eli Lilly (NYSE: LLY) says it has stopped its Phase II study (BACC) for LY2886721, a beta secretase (BACE) inhibitor being investigated as a once daily treatment for its potential to slow the progression of Alzheimer's disease. The decision was due to abnormal liver biochemical tests. The cases of abnormal liver biochemical tests were identified as part of routine monitoring. Lilly will continue to monitor all participants with abnormal liver biochemical tests.

FDA backs Amgen's Xgeva for new use, to treat giant cell tumor of the bone

14 June 2013

The US Food and Drug Administration late yesterday (June 13) expanded the approved use of biotech major Amgen's (Nasdaq: AMGN) Xgeva (denosumab) to treat adults and some adolescents with giant cell tumor of the bone (GCTB), a rare and usually non-cancerous tumor.

US Supreme Court issues mixed ruling on DNA patents

14 June 2013

The US Supreme Court yesterday (June 13) delivered its unanimous decision regarding the Association for Molecular Pathology versus Myriad Genetics case on patent claims on isolated DNA molecules, stating that companies cannot patent specific DNA, but that synthetically produced genetic material can be patented.

Bionor Pharma leaps on positive trial results of HIV vaccine Vacc-4x with Revlimid

14 June 2013

Norway-based Bionor Pharma (OSE: BIONOR) saw its shares leap 16% to 3.67 kroner on June 13, after the company revealed that the first part of its phase II clinical study combining the HIV vaccine, Vacc-4x, with Celgene's immunomodulator, Revlimid (lenalidomide), has been successfully completed.

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