> The government is considering requiring pharma companies to disclose their doc-consulting deals as part of any settlement agreements. Report [1] | Report [2]
> Duramed, a Barr Pharmaceuticals subsidiary, filed a patent infringement suit against Watson Pharmaceuticals, alleging it had infringed on its patent for the contraceptive Seasonique. Release [3]
> Teva sued the FDA for denying its exclusivity period for its version of the antipsychotic Risperdal, which goes off patent this year. Release [4]
> Genzyme launched its phosphate-binding drug Renvela for use in dialysis patients in the U.S. Release [5]
> Baxter may test its immune booster Gammagard against Alzheimer's after a medical claims analysis indicated the risk of developing the disease could be reduced in patients previously treated with the med. Report [6]
> A new study showed that Novartis' cancer drug Gleevec could harm fetal development if the child was conceived during treatment. Report [7]
> With no "firm" buyout offers coming in, PDL BioPharma has decided to axe 260 workers--on top of the 320 layoffs already announced--and take itself off the market. Report [8]
> After concluding that its late-stage trial of MC-1 failed to hit its primary endpoint, Medicure has announced plans to slash 50 workers and full-time consultants. Report [9]
> The FDA is sending signals that it will start to let deadlines for drug approvals go by the wayside. Report [10]
And Finally... Surgery may effectively cure Type II diabetes, according to a new study in Diabetes Care. Report [11]
Links:
[1] http://therpmreport.com/Free/c2116b34-f20f-418a-86d4-521f6886b1d3.aspx?utm_source=RPMel
[2] http://www.pharmalot.com/2008/03/pharma-to-report-consulting-fees-to-docs/
[3] http://www.fiercebiotech.com/press-releases/barr-subsidiary-sues-watson-seasonique-patent-infringement
[4] http://www.fiercebiotech.com/press-releases/teva-provides-update-generic-risperdal
[5] http://www.fiercebiotech.com/press-releases/genzyme-launches-renvela-r-u-s-dialysis-patients
[6] http://www.chicagotribune.com/features/lifestyle/health/chi-thu-notebook-healthcaremar06,1,660296.story
[7] http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-23565875.htm
[8] http://www.fiercebiotech.com/story/pdl-axes-260-and-takes-itself-off-the-market/2008-03-05
[9] http://www.fiercebiotech.com/story/medicure-cuts-50-jobs-after-late-stage-failure/2008-03-05
[10] http://www.fiercebiotech.com/story/fda-official-says-approval-deadlines-will-be-broken/2008-03-05
[11] http://www.fiercebiotech.com/press-releases/diabetes-may-be-disorder-upper-intestine-surgery-may-correct-it