Pharma Industry News Archive

Pharma Industry News: July 2008

July 1 EMEA Recommends a New Warning for Epoetins for Their Use in Cancer Patients
July 2 Summary Judgment Granted for Seroquel Patent Litigation
July 2 Publicis Groupe Acquires Kekst and Company, Incorporated World’s Premier Strategic and Financial Public Relations Firm
July 2 Pfizer Changes Its Funding of Continuing Medical Education in the U.S.
July 3 Shire to Add New Orphan Drug to its HGT Portfolio - EU Launch Imminent
July 3 Adolor Provides Update on Entereg (alvimopan) OBD Program
July 7 APP Pharmaceuticals to Be Acquired by Fresenius
July 7 Bentley Pharmaceuticals & Teva Pharmaceutical Industries Ltd. Merger Consideration Established at $14.82 Per Share
July 7 Introgen Reduces Development Staff to Focus on Commercial Activities after Advexin Regulatory Filings in U.S. and Europe
July 7 Global Pharmaceutical Industry at a Crossroads
July 8 Novartis Completes Purchase of Minority Interest in Alcon
July 8 Giaconda Suspends Hepaconda Phase II Trial to Carry Out Dose Ranging
July 8 Cardinal Health Formalizes Consolidation of Businesses Into Two Primary Operating and Reporting Segments
July 8 MediGene Puts Clinical Phase I Study with RhuDex On Hold
July 9 Lilly to Acquire SGX Pharmaceuticals
July 9 New Casa Report Finds: Most Web Sites Selling Prescription Opioids, Stimulants and Depressants Require No Prescription
July 9 Solvay Pharmaceuticals S.A. Increases to Eur 6.50 Per Share Its Initial Tender Offer to Acquire Innogenetics
July 9 Second Quarter Health Care M&A Strongest In Years According To New Report From Irving Levin Associates, Inc.
July 9 FDA Revises Process for Responding to Drug Applications
July 9 Wyeth's Motion to Overturn Punitive Damages Award Granted by Arkansas Court
July 10 Novartis Buys Additional 51.7% Stake in Speedel and Announces Plans to Acquire Remaining Shares in a Mandatory Public Tender Offer
July 10 PhRMA Revised Marketing Code Reinforces Commitment to Responsible Interactions With Healthcare Professionals
July 10 Ratio-morphine Tablets Recalled in Canada Due to Risk of Accidental Overdose
July 10 Insmed Announces First Human Bioequivalence Data for a Follow-on Biologic by a U.S. Company
July 10 Johnson & Johnson Announces Commitment To Adopt Revised PhRMA Marketing Code for Responsible Interactions With Healthcare Professionals
July 10 New Study Shows Physicians Use Numerous Sources to Inform Prescribing Decisions for Patients
July 10 Enlight Biosciences Launched in Collaboration with Merck & Co., Inc., Pfizer, and Eli Lilly
July 10 Pharmaceutical Companies Spend More in Vermont in 2007, Says Attorney General Sorrell
July 10 Access Pharmaceuticals Signs Merger Agreement to Acquire MacroChem Corp.
July 10 FDA MedWatch - Herceptin 440mg Vials & BWFI Diluent-Complaints of Damaged and Broken Vials That May Lead to a Loss of Sterility
July 10 Templeton Asset Management Rejects Sun Pharmaceutical's Tender Offer for Taro Pharmaceutical
July 11 Momenta Pharmaceuticals Announces Filing of Abbreviated New Drug Application with a Paragraph IV Certification for Generic Version of Copaxone
July 11 Richard F. Selden, Former CEO of a Massachusetts Biotechnology Company, Settles SEC Fraud Action
July 11 Statement of the Coalition for Healthcare Communication On the Value of Independent Commercial Providers of CME
July 14 Ranbaxy Issues Statement on DOJ Investigation of Drugs Sold in U.S.
July 14 Alcon Terminates the Development of Anecortave Acetate in Age-Related Macular Degeneration
July 14 Ortho Biotech and Amgen Resolve Antitrust Litigation
July 14 Neurogen Announces Suspension of Insomnia Study with Adipiplon
July 14 FDA Updates Label for Avandia to Include Clinical Findings Demonstrating Sustained Glycemic Control for Up to Five Years
July 14 Actelion and GlaxoSmithKline Enter Into Exclusive Collaboration to Realise the Full Potential of Almorexant in Sleep Disorders and Beyond
July 14 Two New Jersey Hormone Therapy Lawsuits Dismissed
July 14 FDA MedWatch- Avastin (bevacizumab) and Sunitinib Malate- Reports of Microangiopathic Hemolytic Anemia In Patients Treated With This Combination
July 15 Genentech Announces Second Quarter 2008 Results
July 15 Company Suspended From ABPI Membership Over Breaches Of Code Of Practice
July 15 Infinity Provides Update On Phase 2 Signal-Finding Clinical Study of IPI-504 in Advanced Prostate Cancer
July 15 Jerini Receives European Commission Approval for Firazyr (Icatibant) in the Treatment of HAE
July 15 MediGene Publishes Update on RhuDex Incident
July 16 BioAlliance Pharma Suspends the Phase II/III Trial of Doxorubicin Transdrug in Primary Liver Cancer
July 16 Global Market for Cancer Therapies Slated for High Growth Through 2013
July 16 Bristol-Myers Squibb Agrees to Pay More Than $9 Million to Massachusetts Medicaid Program to Settle Allegations of Improper Marketing and Business Practices
July 16 Procter & Gamble Announces Organizational Changes
July 16 Concerned Shareholders of Biovail Pleased with Court Order for Biovail AGM
July 16 SEC Charges Mayor of Beaufort, S.C., With Insider Trading in Stock of Biotech Company
July 16 Sciele Pharma Announces That the FDA Has Issued an Approvable Letter for the Head Lice Treatment
July 16 Concerned Shareholders Respond to Biovail's Press Release
July 17 Baxter Raises Full-Year 2008 Outlook Following Strong Second-Quarter Financial Results
July 17 Daiichi Sankyo and Ranbaxy Confirm Deal is Binding and Final, Allay Market Rumour and Speculation
July 17 Wyeth and Impax Announce Final Settlement of Effexor XR Patent Suit
July 17 FDA Advisory Committee Provides Opinion of Doribax for the Treatment of Hospital-Acquired Pneumonia
July 17 Novartis Gains Momentum with Strong Performance in First Half of 2008 from Portfolio Focused on Growth Areas of Healthcare
July 17 Bellus Health Announces Closing of Innodia Acquisition
July 17 New Report: Investment in Disease Prevention Could Save America More than $16 Billion in Five Years
July 17 Statement: NIAID Will Not Move Forward with the Pave 100 HIV Vaccine Trial VRC
July 18 Teva to Acquire Barr
July 18 Gilead Sciences Announces Second Quarter 2008 Financial Results
July 18 Zentiva Responds to Sanofi-Aventis CZK 1,050 per Share Voluntary Offer
July 21 Roche Makes Offer to Acquire All Outstanding Shares of Genentech for US$89.00 Per Share in Cash
July 21 Roche Proposes to buy Full Stake in Genentech - Interview With Chairman
July 21 Biota Holdings Limited (ASX:BTA) and GSK Conclude Litigation Through Mediation
July 21 FDA Rule and Companion Guidance Make Early Stage Clinical Drug Development Safe and Efficient
July 21 Roche Posts Very Good Results: Strong Market Outperformance – Guidance Confirmed
July 21 Genentech Announces Receipt of Proposal From Roche
July 21 Independent Analyses of the SEAS, SHARP and IMPROVE-IT Studies of Ezetimibe
July 22 Schering-Plough Reports Financial Results for Second Quarter of 2008
July 22 Forest Laboratories, Inc. Reports Fiscal First Quarter 2009 Earnings Per Share of $0.79, Including $0.08 per Share Charge for Agreement Termination
July 22 Roche Acquires Mirus to Advance Research in the Field of RNAi Delivery
July 22 Biogen Idec Reports Second Quarter 2008 Results
July 22 Merck Reports Second-Quarter 2008 Financial Results
July 23 Roche Starts Acquisition Process of Arius to Gain Access to New Screening Platform for Antibody Therapeutics
July 23 Wyeth Reports Earnings Results for the 2008 Second Quarter and First Half and Raises Earnings Guidance
July 23 Pfizer Reports Second-Quarter 2008 Results
July 23 Progen Terminates Pathway Trial & Confirms Focus on Potential High Value Molecules and M&A
July 23 Dingell, Stupak to Investigate Ranbaxy Drug Approvals
July 23 GSK Sets Out New Strategic Priorities
July 23 Dan Troy Appointed as Senior Vice President and General Counsel for GlaxoSmithKline
July 23 GSK Enters Transformational Agreement with Aspen to Drive Growth in Emerging Markets
July 23 Erythropoietins: The Shift from Biosimilars to "more for less" ESAs
July 24 Alcon's Second Quarter Sales Rise 17.9 Percent; Net Earnings Increase 26.3 Percent
July 24 Lilly Reports Solid Second-Quarter Results
July 24 Bristol-Myers Squibb Continues Strong Financial Performance Led by Double-Digit Global Sales Growth
July 24 Pharmacopeia Advances Therapeutic Program with GlaxoSmithKline
July 24 Cohen Milstein Hausfeld & Toll P.L.L.C. Files Lawsuit Concerning Genentech Buyout
July 24 Solvay Pharmaceuticals S.A. Plans the Offer Period for Innogenetics from August 12 to September 5, 2008
July 24 Biogenerics Would Reduce Health Care Costs for Patients, Says GPhA High Health Care Costs the Focus of Joint Economic Committee Hearing
July 25 Genentech Forms Special Committee of Independent Directors to Review Roche Proposal
July 25 With Drug Company Profits Soaring, Sen. Brown Renews Investigation of Drug Industry Outsourcing to China
July 25 Recommended Cash Offer for Acambis Plc by Sanofi Pasteur Holding
July 28 Ambrilia Provides Update on PPL-100 Partnership with Merck & Co., Inc.
July 29 Amgen's Second Quarter 2008 Adjusted Earnings Per Share Increased 2 Percent to $1.14
July 29 Mylan Acquires Remaining Interest in Somerset Joint Venture From Watson
July 29 Harris Poll: Number of "Cyberchondriacs" - Adults Going Online for Health Information - Has Plateaued or Declined
July 29 Acusphere Announces Staff Reductions
July 29 Statins May Protect Against Memory Loss
July 29 Schweizerhall: Clopidogrel in Germany – Court Orders Immediate Execution of Approval
July 29 SDI Acquires Verispan
July 30 Clopidogrel in Germany
July 30 Bayer Continues Its Success
July 30 FDA Sends Letter to Baxter Over 'Clinical Thank You Email'
July 31 FDA Issues Complete Response Letters Ordering Safety Labeling Changes Under FDAAA for Aranesp, Epogen, and Procrit
July 31 Amgen Issues Statement in Response to Revised ESA Labeling Received from the FDA Today
July 31 Bristol-Myers Squibb Proposes to Acquire ImClone Systems for $60.00 Per Share in Cash
July 31 Sanofi-aventis News
July 31 Shire Delivers Strong Quarter: Driven by $243m of New Product Sales (+164% YOY Growth). Revenue Guidance Upgrade
July 31 AstraZeneca PLC Second Quarter and Half Year Results
July 31 Photos: Bayer Names New U.S. CEO

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