> 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 [1]
> 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 [2]
> Medicis Pharmaceutical sued the Indian drugmaker Lupin for patent infringement over the Solodyn acne treatment. Report [3]
> 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 [4]
> FDA approved Bristol-Myers Squibb and Otsuka Pharmaceutical's antipsychotic drug Abilify as a treatment for irritability in children with autism. Report [5]
> 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 [6]
> Europe's Committee for Medicinal Products for Human Use recommended approval of Merck's new fertility treatment for women, Elonva. Report [7]
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 [8]
> 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 [9]
> Cambridge, Massachusetts-based Ironwood Pharmaceuticals, a 2009 Fierce 15 company [10], 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 [11]
> 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 [12]
> 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 [13]
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 [14]
> 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 [15]
> 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 [16]
> 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 [17]
> As Google has become a tool for flu-tracking [18], 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 [19]
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 [20]
Links:
[1] http://www.moneycontrol.com/news/business/aurobindo-pharma-sees-362-bn-salesnext-3-years-_426351.html
[2] http://www.pharmafocus.com/cda/focusH/1,2109,21-0-0-NOV_2009-focus_news_detail-0-493408,00.html
[3] http://www.business-standard.com/india/news/medicis-takes-lupin-to-us-courtpatent-charge/377337/
[4] http://finance.yahoo.com/news/Pfizers-Geodon-gets-expanded-apf-1682816999.html?x=0&.v=2
[5] http://www.reuters.com/article/marketsNews/idCNN2023065120091121?rpc=44
[6] http://www.bloomberg.com/apps/news?pid=20601202&sid=aMyG7aEt4J9A
[7] http://www.domain-b.com/companies/companies_m/Merck/20091121_us_drugmaker.html
[8] http://www.fiercebiotech.com/story/merck-kgaa-will-expand-r-d-china/2009-11-23
[9] http://www.fiercebiotech.com/story/receptos-raises-25m-series/2009-11-23
[10] http://www.fiercebiotech.com/special-reports/ironwood-pharmaceuticals-2009-fierce-15
[11] http://www.fiercebiotech.com/story/ironwood-looks-go-public-raise-172m/2009-11-23
[12] http://www.fiercebiotech.com/story/uae-sets-150m-biologics-plant/2009-11-23
[13] http://www.fiercebiotech.com/story/cephalon-hesitates-ception-drug-results/2009-11-23
[14] http://www.fiercebiotechit.com/story/privates-continue-lag-public-clouds/2009-11-23
[15] http://www.fiercebiotechit.com/story/software-culls-insurance-claims-subjects/2009-11-23
[16] http://www.fiercebiotechit.com/story/developers-bet-prediction-models/2009-11-23
[17] http://www.fiercebiotechit.com/story/wikis-open-drug-development-sharing/2009-11-23
[18] http://www.fiercebiotechit.com/story/online-flu-tracking-yields-hype-epidemic/2009-05-08
[19] http://www.fiercebiotechit.com/story/disease-diagnostics-press-7/2009-11-23
[20] http://www.google.com/hostednews/canadianpress/article/ALeqM5gZLEUvT8hzUyW5lH6heV-kYB0I3g