Category: Drugs

InterMune’s Lung Drug Gets Backing From FDA Panel

JGrimes
Another day, another stock-price jump.
First, the preliminaries: An advisory panel this afternoon recommended the FDA approve a lung drug developed by InterMune, with majorities of the outside experts saying the proposed treatment appeared effective and safe.
The FDA is expected to decide by early May whether to go along with the panel’s recommendation on […]

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Posted in Drugs, FDA  

InterMune Stock Gets Boost as FDA Staff Questions Lung Drug

JGrimes
The FDA staff said it has a bunch of questions about InterMune’s new drug to slow deteriorating lung functioning. But investors figure the concerns weren’t as bad as they could have been, sending the biotech’s shares soaring.
The stock jumped as much as 74% after FDA reviewers said only one of InterMune’s two late-stage […]

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Posted in Drugs, M&A, FDA  

Pfizer-Backed Experimental Drug for Alzheimer’s Fails in Trial

JGrimes
Bad news on the Alzheimer’s drug development front: Pfizer and Medivation announced negative results from a large late-stage trial of Dimebon, thought to be a promising treatment more potent than those currently on the market.
Dimebon, you may remember, got its start a quarter-century ago as a Russian cold medicine that Pfizer plunked down […]

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Posted in Drugs, Alzheimer's, Pfizer  

Bristol-Myers Puts Andreotti in Driver’s Seat

JGrimes
It seemed like only a question of time, but Bristol-Myers Squibb said this afternoon that Lamberto Andreotti, its president and chief operating officer since last March, would succeed James M. Cornelius as CEO.
Andreotti, a 12-year veteran of the company, is 59 years old and Cornelius is 66. Cornelius was tapped as Bristol-Myers CEO […]

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Posted in Drugs, Biotech, M&A  

Teva Gets 180-Day Headstart to Sell Generics of 2 Merck Drugs

JGrimes
In what could be a win-win decision for both Teva Pharmaceutical and Merck, a federal court said that Teva was entitled to six months of exclusivity to sell generic versions of two hypertension medicines made by Merck.
A district court ruled in July that Teva, the largest of the generic drug makers, had forfeited […]

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Posted in Drugs, FDA, Generics  

Novartis Eyes Smaller-Than-Alcon Deals; Holders Okay ‘Say on Pay’

JGrimes
New Novartis chief Joe Jimenez (right) is looking at beefing up some business segments with acquisitions, but has nothing in mind as big as its $39.3 billion plan to buy the rest of eye-care company Alcon.
“We may go for smaller, bolt-on acquisitions to help build scale in vaccines, generics and consumer health, but […]

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Posted in Drugs, Vaccines, M&A, Generics  

Confusion Over Whether Coated Aspirin Can Protect Your Stomach

noreply@blogger.com (RCoffield@fsblaw.com)
Patients concerned about side effects associated with aspirin, particularly the risk of gastrointestinal problems such as ulcers, often try taking versions of the drug that are coated with enteric.
Though patients often believe these pills pose a lower risk of stomach upset, they actually don’t appear to have much effect on the more […]

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Posted in Heart Disease, Drugs  

Why That Guy on TV Touting Lipitor Could Be Your Neighbor

noreply@blogger.com (RCoffield@fsblaw.com)
Health Blog readers aren’t the only folks who realize the influence of the Internet. So do drug marketers. They have taken notice of the Web’s impact on people’s preferences and are adjusting pharmaceutical advertising accordingly, today’s Wall Street Journal reports.
Hence the small but growing number of advertisements for prescription medicines that feature […]

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Posted in Drugs, Advertising  

Studies Keeping Coming on Roche’s Avastin; Latest Is Positive

noreply@blogger.com (RCoffield@fsblaw.com)
We recounted earlier this week that Roche’s cancer drug Avastin had missed achieving its main target in a stomach-cancer study. Today the news is flipped as a new study reported Avastin showed positive results in the treatment of advanced ovarian cancer.
The latest showed that women who continued using Avastin alone after receiving […]

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Posted in Drugs, Cancer  

Pfizer Experimental Bone Drug Shows Mixed Results In Study

James A. White
Last we heard of Fablyn, an experimental bone drug for the treatment of postmenopausal women, U.S. regulators were holding off on approval after FDA staff and outside reviewers raised concerns and Pfizer, the pill’s maker, was shopping it around to other companies.
Today’s New England Journal of Medicine reports that the drug […]

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Posted in Research, Drugs, Aging, Pfizer  

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