> Novartis, which reports its results in U.S. dollars, said a recent strengthening of the greenback would have a negative impact on its first-quarter results. Report [1]
> Company founder Eugene Melnyk is again assailing the management of Biovail, demanding a shareholder vote on "several resolutions to bolster Biovail's corporate governance practices." Report [2]
> Teva Pharmaceutical Industries lost its appeals court bid to lift an order that prevents it from selling a copy of Eli Lilly's osteoporosis treatment Evista before a trial starts next month. Report [3]
> The most important malaria drug passed basic quality tests well beyond its sell-by date, indicating a potential shelf-life extension that could save many lives in the developing world, says a new study in Malaria Journal. Report [4]
> King Pharmaceuticals lost almost $550 million in the fourth quarter, largely due to the costs of acquiring rival Alpharma, but also because its Altace painkiller went off patent a year ago, causing sales to drop. Report [5]
[5]> Endo Pharmaceuticals announced today the appointment of William P. Montague, recently retired from Mark IV Industries, to the company's board of directors. Release [6]
> Sanofi Pasteur, the vaccines division of Sanofi-Aventis, announced that the European Commission has granted marketing authorization for the first intradermal microinjection influenza vaccine. Report [7]
> Abbott Laboratories launched its new $300 million nutrition plant in Singapore today, aiming to use the location as a launch pad for sales across Asia. Report [8]
> PATH Malaria Vaccine Initiative [9] and the Seattle Biomedical Research Institute are poised to announce a new collaboration this morning aimed at developing a next-generation malaria vaccine. Researchers have already identified 25 to 30 early, liver-stage antigens. Now they'll narrow that group down to a set of three to five antigens that can be used in new vaccines. Report [10]
> While the threat of bird flu has largely vanished from the evening news, vaccine experts are acutely aware of the ever-present danger of a human outbreak. Report [11]
> As we reported earlier in FierceBioResearcher, antibodies may prove to be a very effective guard against flu viruses. And some in-depth reporting on the subject helps illustrate just how important an advance this is. Report [12]
> Hawaii Biotech announced the successful completion of a Phase I clinical trial for its West Nile Virus vaccine. The recombinant sub-unit vaccine was found to be safe among healthy volunteers who had not been exposed to the virus. Report [13]
And Finally... What if consumers could calculate the benefits and risks of taking a prescription drug as easily as they can gauge the carbs and calories of an Oreo cookie? Report [14]
Links:
[1] http://www.forbes.com/2009/02/25/novartis-dollar-currency-markets-equity_pharmaceuticals_14.html?feed=rss_markets
[2] http://business.theglobeandmail.com/servlet/story/RTGAM.20090225.wbiovail0225/BNStory/Business/home
[3] http://www.indystar.com/article/20090226/BUSINESS03/902260395/1003/BUSINESS
[4] http://www.medicalnewstoday.com/articles/140364.php
[5] http://www.cnbc.com/id/29406284/for/cnbc/
[6] http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/02-26-2009/0004979161&EDATE=
[7] http://www.pharmiweb.com/pressreleases/pressrel.asp?ROW_ID=5787
[8] http://www.straitstimes.com/Breaking%2BNews/Singapore/Story/STIStory_343296.html
[9] http://www.fiercevaccines.com/tags/path-malaria-vaccine-initiative
[10] http://www.fiercevaccines.com/story/new-collaboration-aims-next-gen-malaria-vaccine/2009-02-26
[11] http://www.fiercevaccines.com/story/who-warns-bird-flu-vaccine-shortage/2009-02-25
[12] http://www.fiercevaccines.com/story/antibody-vaccine-may-be-key-conquering-flu/2009-02-25
[13] http://www.fiercevaccines.com/story/hawaii-biotech-phase-i-west-nile-vax-successful/2009-02-25
[14] http://www.nytimes.com/2009/02/26/business/media/26adco.html?ref=health