Latest News
FDA criminal division may increase misdemeanour prosecutions against execs
The US FDA may in the future look to increase prosecution of "responsible corporate officials" in both the pharmaceutical and food industry, Commissioner Margaret Hamburg has stated in a letter, which followed a scathing new government.....
Counterfeiters beware: WHO shows poor countries how to procure antimalarials
Establishments that produce substandard or counterfeit antimalarials will find it harder to sell their products to developing countries after the World Health Organization published new guidelines this week spelling out how to buy.....
Around 300 drugs exempt from regular price cut under new Japanese provisions
Around 300 products will escape a reduction in the next regular revision of reimbursement prices for prescription drugs in Japan on April 1st because they meet certain criteria under complex new rules being adopted on a trial basis this.....
Abbott to acquire Facet for $450 million
Abbott has succeeded where Biogen Idec failed last year in having a takeover offer accepted by Facet Biotech.
Abbott will pay $27 per share for Facet, which values the biotech at $722 million minus its cash and marketable.....
Executive Briefing - How to run clinical trials in the Middle East
http://www.scripnews.com/middle_east_clinical_trials/
The attractions of the Middle East as a location for clinical research include patient diversity,.....
US Supreme Court agrees to consider scope of pre-emption of childhood vaccine injury law
The US Supreme Court said in a one-sentence order on March 8th that it has granted review to the plaintiffs in a case known as Bruesewitz v Wyeth, a test of the scope of the pre-emption provision of the National Childhood Vaccine Injury Act of.....
Pharma sales in Estonia fell slightly in 2009
Sales of human pharmaceuticals in Estonia fell by 1% to EEK 3 billion ($258 million) in wholesale prices last year compared with 2008, the state agency of medicines, Ravimiamet, has said.
Growth in the country's pharmaceutical market has been.....
GSK may ramp up in India, says no to pure generics
GlaxoSmithKline intends to stay away from "pure generics" in Western markets, even as it outlined its intent to expand organically as well as through potential acquisitions in India.
GSK chief executive Andrew Witty, who was in.....
AstraZeneca's Recentin fails to show benefit over Roche's Avastin in Phase III colorectal cancer trial
AstraZeneca is facing more disappointment with the development of its new anticancers after its experimental anti-angiogenic drug Recentin (cediranib) did not show non-inferiority in progression-free survival (PFS), or superiority, to .....
Lexicon plans to raise $95 million
Lexicon Pharmaceuticals has announced plans to offer for sale $95 million of its common stock in an underwritten public offering. It could also sell up to $14.25 million worth of shares as an over-allotment option.
Lexicon expects.....
Vernalis pays $33 million to regain frovatriptan royalty rights
The UK firm Vernalis has regained full rights to the royalties on its only marketed product, the migraine treatment frovatriptan. It made a one-off net cash payment of $32.57 million to Paul Capital Healthcare (PCH), which acquired 2.1 million.....
Slovak pharma multinationals' association elects new board
Slovakia’s association of research-based pharmaceutical companies (SAFS) has elected a new board. Dr Pavol Trnovec of GlaxoSmithKline, who was previously its vice-chairman, will lead SAFS as chairman. He replaces Dr Miroslav Lednar.....
Sanofi-Aventis, Merck and Lilly boost animal health businesses
Sanofi-Aventis has exercised its option to combine its animal health business Merial with Intervet/Schering-Plough Animal Health, Merck & Co's animal health unit.
Sanofi-Aventis bought out Merck's 50% share in Merial for $4.....
Polpharma buys Bioton's antibiotics business
Polpharma, one of Poland's largest pharmaceutical manufacturers, is buying an antibiotics production business from Bioton, another local company, for PLN 80 million ($8 million). Poland's office of competition and consumer protection has approved the.....
GSK's RLS setback has XenoPort halving workforce
XenoPort is shedding 50% of its workforce and shelving its discovery research efforts following the "unexpected setback" in the approval of Horizant (XP13512; gabapentin enacarbil extended release tablets), which is under development with.....
FDA: final guidance on developing cell-based viral vaccines
The US FDA recognises emerging and pandemic threats – and it aims to boost the development of cell-based viral vaccines with the publication of a final guidance entitled Guidance for Industry: Characterization and Qualification of Cell.....
Ark withdraws EU brain cancer filing for Cerepro and starts strategic review
Ark Therapeutics has withdrawn the EU filing of its brain cancer gene therapy candidate Cerepro (sitimagene ceradenovec), dropping a previous appeal over a negative opinion from the CHMP. It has at the same time initiated a full strategic.....
Brazil increases import tariffs on some US medicines
Brazil's chamber for foreign trade, CAMEX, has published a list of 100 products coming from the US that will be subject to higher import duties following a WTO dispute over cotton subsidies. The list affects some medicines, including those containing.....
Genmab's zalutumumab fails Phase III trial in refractory head and neck cancer
Genmab's experimental EGFR-targeted monoclonal antibody zalutumumab (HuMax-EGFr), one of its most advanced products in development, has failed to meet its primary overall survival endpoint in its first pivotal Phase III trial, in refractory head and.....
UK cracks down on medicine shortages
"Tough" new measures announced last week by the department of health should help curb medicine shortages in the UK. These promise to tackle wholesaler dealer licences and manufacturers' quotas used to control the supply of medicines.
Over the.....


