Latest News
Merck claims win in Texas lawsuit over Vioxx
Fort Worth Star-Telegram (Texas) | 11 hours 3 minutes ago
The Associated Press WHITEHOUSE STATION, N.J. ? Merck & Co.... (more)
GlaxoSmithKline Halts H1N1 Vaccinations In Canada
Modern Materials Handling | 11 hours 4 minutes ago
WASHINGTON (Kyodo) -- British drug maker GlaxoSmithKline Plc. is suspending the use of 170,000 doses of its new H1N1 influenza vaccine in Canada given a higher-than-usual rate of reported side effects, Canadian media reported Monday.... (more)
Boston Scientific to leave Doral
American City Business Journals | 11 hours 7 minutes ago
Medical products company Boston Scientific Corp., which has more than 1,200 employees working out of a 14-acre plant in Doral, is relocating its operation to Costa Rica over the next three years.... (more)
iBasis, Tower Semi: Early Volume Plays
TheStreet.com | 11 hours 10 minutes ago
NEW YORK (TheStreet) -- Several stocks trading under $5 were poised to move on above-average volume during Monday's session.... (more)
Mixed results from Ception, Cephalon on Cinquil
American City Business Journals | 11 hours 11 minutes ago
Ception Therapeutics Inc. and Cephalon Inc. announced mixed results Monday for late-stage testing of Cinquil, an experimental drug the two suburban Philadelphia biotechnology companies are developing to treat pediatric eosinophilic esophagitis.... (more)
UPDATE 1-Texas court tosses state Vioxx suit against Merck
Reuters | 11 hours 15 minutes ago
NEW YORK, Nov 23 (Reuters) - A Texas court has dismissed a lawsuit brought by the state against drugmaker Merck & Co (MRK.N) that sought a refund for money spent on the withdrawn Vioxx pain treatment, the company said on Monday.... (more)
UPDATE 1-Cephalon delays Ception deal after mixed drug data
Reuters | 11 hours 15 minutes ago
BOSTON, Nov 23 (Reuters) - Cephalon Inc (CEPH.O) said on Monday that an experimental drug for a rare type of inflammation of the esophagus showed mixed results in a mid-to-late stage clinical trial, sending its shares down more than 9 percent.... (more)
Spray can prevent premature ejaculation: study
Yahoo! | 11 hours 16 minutes ago
WASHINGTON (Reuters) ? A spray that numbs the penis can help prevent premature ejaculation, doctors reported on Thursday, and drug maker Sciele Pharma Inc, a division of Japan's Shionogi, plans to file for U.S. approval next year.... (more)
Recovery School District repair allocation OK'd
Education Week (premium article access compliments of EdWeek.org) | 11 hours 17 minutes ago
BATON ROUGE, La. (AP) Several lawmakers expressed their displeasure about how it's run, but a legislative budget committee finally agreed to let the Recovery School District move ahead with $163 million in repairs to hurricane-damaged schools in New Orleans.... (more)
Astex Therapeutics gains orphan approval in US and Europe
Business Weekly (U.K.) | 12 hours 21 minutes ago
Astex Therapeutics, fresh from a multi-million pound deal with GSK, has announced that it has been granted orphan drug designation in Europe and the US for its treatment of patients with Acute Myeloid Leukaemia (AML).... (more)
UPDATE 1-Spectrum inks deal with Korea's Handok for cancer drug
Reuters | 12 hours 21 minutes ago
Nov 23 (Reuters) - Spectrum Pharmaceuticals Inc (SPPI.O) said Handok Pharmaceuticals Co Ltd (002390.KS) will develop and commercialize Spectrum's experimental cancer drug in South Korea as part of a deal valued at more than $19 million.... (more)
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