> Patients taking the largest dose of Pfizer's painkiller Celebrex, 400 mg twice a day, tripled their chance of heart attack or stroke compared with placebo, according to a new study presented at the American College of Cardiology meeting. Report [1]
> Takeda's Actos slowed the progression of arterial plaque buildup, becoming the first type 2 diabetes med to reduce progression of coronary atherosclerosis, a new study showed. Report [2]
> Stunned by a report that doctors are needlessly prescribing brand-name drugs, France is considering setting up a force of 1,700 anti-drug reps to counteract sales pressure with "objective" information. A bill that would set up a similar force in the U.S. is pending in Congress. Report [3]
> ING started its analyst coverage of GlaxoSmithKline with a 'buy' rating and a prediction that new CEO Andrew Witty would bring a fresh strategic approach to the company. Report [4]
> Doctors called Merck's online promotions the best of their kind, with GlaxoSmithKline coming in second, a Verispan survey showed. Report [5]
> Boston Scientific is selling off its endovascular aortic repair program for $30 million to a Santa Rosa, CA-based investor group. Report [6]
> Dr Reddy's Laboratories has agreed to buy part of Dow Chemical's pharmaceuticals business in a bid to boost its custom manufacturing services. Report [7]
> Pliva CFO Ivan Mijatovic has been appointed senior vice president for corporate development of parent company Barr Pharmaceuticals. Report [8]
> Medco Health Solutions is partnering with the Swedish government on a prescription review program designed to prevent medication errors. Report [9]
> Struggling to right itself after a long dry spell in new drug approvals, Eli Lilly is preparing to a launch a late-stage study of an experimental drug for Alzheimer's. Report [10]
> In a head-to-head study, the new antiplatelet drug prasugrel (being developed by Lilly and Daiichi Sankyo) in combination with aspirin outperformed [11] the standard therapy, clopidogrel (Plavix) with aspirin. Report [10]
> In a possible boon to the biotech industry, the SBA is looking to hike research grants to small U.S. businesses. Report [12]
And Finally... Scientists are studying whether fasting can protect healthy cells against chemotherapy, making cancer treatment more effective. Report [13]
Links:
[1] http://www.pharmalot.com/2008/03/celebrex-is-a-big-risk-at-high-doses/
[2] http://online.wsj.com/article/SB120700026868078341.html?mod=health_home_stories
[3] http://www.pharmalot.com/2008/03/french-docs-wasted-16b-under-rep-pressure/
[4] http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=2014820
[5] http://www.pharmalot.com/2008/03/which-company-does-the-best-epromotion-to-docs/
[6] http://www.foxbusiness.com/markets/industries/health-care/article/boston-scientific-announces-sale-trivascular-endovascular-aortic-repair_539855_10.html
[7] http://www.fiercebiotech.com/press-releases/indias-dr-reddys-laboratoriess-says-buy-dowpharma-units
[8] http://www.afxnews.com/about488/index.php?lg=en&c=00.00&story=2395828
[9] http://www.iht.com/articles/ap/2008/03/31/business/NA-FIN-US-Medco-Partnership.php
[10] http://www.fiercebiotech.com/story/lilly-readies-phase-iii-alzheimer-s-trial/2008-03-31
[11] http://www.fiercebiotech.com/story/lilly-pits-experimental-drug-against-plavix-in-head-to-head-trial/2005-11-02
[12] http://www.fiercebiotech.com/story/sba-looks-to-boost-grants-to-small-biotechs/2008-03-31
[13] http://www.telegraph.co.uk/earth/main.jhtml?xml=/earth/2008/03/31/scicanc131.xml