FierceBiotechFierceBiotechResearchFierceBiotechITFierceVaccinesFiercePharmaFiercePharmaManufacturing   FierceHealthcare

Aurobindo Pharma reaches for $2B in sales; U.K. researchers work on API waste;

Tools

> Aurobindo Pharma is aiming to boost revenues to $2 billion by 2013, aided by a brand-new plant in Hyderabad, India, and a licensing deal with Pfizer to sell generics in 70 emerging countries and developed markets. Report

> U.K. researchers have found a way to eliminate waste in pharmaceutical manufacturing by making sure that drug crystals form correctly in chemical reactors. Report

> Medicis Pharmaceutical sued the Indian drugmaker Lupin for patent infringement over the Solodyn acne treatment. Report

> FDA gave the nod to expanded use of Pfizer's Geodon drug as part of a combination maintenance treatment for bipolar disorder in adults. Report

> FDA approved Bristol-Myers Squibb and Otsuka Pharmaceutical's antipsychotic drug Abilify as a treatment for irritability in children with autism. Report

> Stada had its share rating lowered to "neutral" from "buy" at UBS, which said there is limited potential for additional price increases after a two-month rally. Report

> Europe's Committee for Medicinal Products for Human Use recommended approval of Merck's new fertility treatment for women, Elonva. Report

Biotech News

> Merck KGaA announced today that China will join Germany, Switzerland and the U.S. as a key hub of the company's R&D efforts. Over the next four years, the company will invest €150 million in its Beijing R&D center, creating 200 new jobs; Merck currently employs only 50 people in Beijing. Report

> With the help of ARCH Venture Partners, Flagship Ventures, Lilly Ventures and Venrock, San Diego-based Receptos announced today the closing of a two-tranche $25 million Series A financing. Receptos is developing a method that will help researchers clearly see G-protein coupled receptors (GPCRs). Report

> Cambridge, Massachusetts-based Ironwood Pharmaceuticals, a 2009 Fierce 15 company, has filed to go public, hoping raise $172 million and trade on Nasdaq. So far, Ironwood has raised $306 million in financing, according to an article in the Mass High Tech. Report

> Abu Dhabi, which is part of the United Arab Emirates, is setting up $150 million biologics manufacturing plant that will produce crystal insulin for diabetes, anti-cancers, vaccines, haemophilia A and growth factors for the Middle East and North Africa. Report

> Ception is reporting mixed results from a Phase IIb/III trial of Cinquil (reslizumab), a drug for a type of inflammation of the esophagus called pediatric eosinophilic esophagitis. Report

Biotech IT News

> As Amazon continues to distance itself from the public-cloud computing provider pack, private clouds remain a not-ready-for-prime-time alternative. So says Chris Dagdigian of high-performance computing consultancy BioTeam. Report

> Clinical informatics meets patient data in a solution that targets the lagging subject enrollment of clinical trials. The software capitalizes on the ability of top-ranking investigators to enroll patients more quickly than most others, and it taps into database of prospective trial subjects. Report

> Rival drug developers may become allies in an MIT project called New Drug Development Paradigms. Among the project aims: New prediction models and more open sharing of information about the biology of diseases. Report

> Taking the open concept a step further is the Bioinformatics Organization, an open source practitioner that uses wiki software to let researchers post their models, questions, experiments and discoveries. Report

> As Google has become a tool for flu-tracking, so the mobile phone will be making medical diagnoses. Thanks to a Gates Foundation grant, STAR Analytical Services is developing software to analyze the sound of a cough. Report

And Finally... Even Fido needs to heed drug warnings: Health Canada is alerting veterinarians and pet owners about possible problems with a drug used to treat diabetes in dogs and cats. Report

Bookmark and Share
Get Your FREE FiercePharma Email Newsletter:
Be the first to comment

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.