> The Otsuka Pharmaceutical/Bristol-Myers Squibb antipsychotic drug Abilify got the FDA nod for use in bipolar patients 10 to 17 years old. Report [1]
> Teva Pharmaceutical plans to create more than 165 new jobs over the next five years at its IVAX facility in Waterford, Ireland, which researches and makes respiratory products. Report [2]
> FDA warned asthma and emphysema patients not to swallow Spiriva and Foradil capsules, which are designed to be used with inhalers rather than orally. Report [3]
> A Massachusetts judge fined Medtronic $10 million for unacceptable tactics during a patent-infringement trial. Report [4]
> Biovail founder--and largest shareholder--Eugene Melnyk (photo [5]) isn't happy with the company's management, and he's going to do something about it. In a scathing letter [6] to shareholders, Melnyk lambastes the current board of directors for, as he says, not helping the company realize the full potential of its drug delivery technology. Report [7]
> Alnylam is offering up the first signs that RNAi therapy may work in humans. Report [8]
> GlaxoSmithKline has halted work on Dacart after a Phase III trial showed the malaria drug causes anemia in some patients. Report [9]
And Finally... Connecticut ranks second in the nation for its use of antipsychotic drugs in nursing home residents who don't have psychotic disorders. Report [10]
Links:
[1] http://online.wsj.com/article/SB120451339224306953.html?mod=health_home_stories
[2] http://www.rte.ie/business/2008/0303/jobs.html
[3] http://www.washingtonpost.com/wp-dyn/content/article/2008/02/29/AR2008022902623.html
[4] http://www.law.com/jsp/article.jsp?id=1204212417339
[5] http://www.fiercebiotech.com/pages/biovail-founder-eugene-melnyk
[6] http://www.fiercebiotech.com/press-releases/text-melnyks-letter-board
[7] http://www.fiercebiotech.com/story/melnyk-slams-biovail-board-calls-for-change/2008-02-29?utm_medium=nl&utm_source=link
[8] http://www.fiercebiotech.com/story/alnylam-trial-shows-rnai-works-in-humans/2008-02-29
[9] http://www.fiercebiotech.com/story/gsk-scraps-malaria-drug-on-anemia-concerns/2008-02-29
[10] http://www.courant.com/news/health/hc-druggedresidents0302.artmar02,0,2380275.story