> Dong-A Pharmaceutical asked Korean authorities to investigate its former chief executive for embezzlement. The nation's top drug maker has been embroiled in a family feud for control for years. Report [1]
> European regulators approved Boston Scientific's new defibrillator known as Confient. Release [2]
> SkyePharma appointed Jeremy Scudamore as non-executive chairman of its board, replacing Jerry Karabelas. Report [3]
> Indian drug maker Cipla and Ugandan partner Quality Chemicals opened a new factory to produce HIV/AIDS meds in the African country. Report [4]
> QLT agreed to take over ForSight Newco, an ocular product company, for $42 million; the deal includes a novel drug-delivery system using "punctal plugs" for a variety of eye conditions. Release [5]
> GlaxoSmithKline is buying into Anacor Pharmaceuticals' research work, inking a deal to in-license boron-containing small molecule anti-infective drug candidates. Report [6]
> Chemistry-related skills are in demand, which is translating to some attractive salaries in the research field. Report [7]
> The Nobel Prize for medicine has gone to three researchers in recognition of their collective work on gene targeting, a process that allows researchers to turn genes off and on in mice. Report [8]
> The market for insomnia drugs in the U.S. is growing at a whopping 29 percent per year, hitting $4.6 billion in 2006 and attracting the attention of a wide range of drug developers. Report [9]
And Finally... Should the FDA allow behind-the-counter drug sales? Poll [10]
Links:
[1] http://www.tradingmarkets.com/.site/news/Stock%20News/681189/
[2] http://www.fiercebiotech.com/press-releases/press-release-boston-scientific-announces-european-approval-next-generation-implantab
[3] http://www.iii.co.uk/news/?type=afxnews&articleid=6328013&subject=companies&action=article
[4] http://www.voanews.com/english/2007-10-08-voa35.cfm
[5] http://www.fiercebiotech.com/press-releases/press-release-canadas-qlt-buys-drug-development-company-42-million
[6] http://www.fiercebiotech.com/story/gsk-willing-pay-big-anacors-anti-infectives/2007-10-08
[7] http://www.fiercebioresearcher.com/story/biochemists-fetch-highest-salaries-life-sciences/2007-10-09
[8] http://www.fiercebiotech.com/story/nobel-prize-goes-gene-targeting-trio/2007-10-08
[9] http://www.fiercebiotech.com/story/insomnia-market-attracts-drug-developers/2007-10-08
[10] http://www.fiercepharma.com/polls/should-fda-allow-behind-counter-drug-sales