> Abbott Laboratories' waiting-in-the-U.S.-wings stent, Xience, is as safe as and perhaps more effective than the current market leader made by Boston Scientific, according to new data presented at a European conference. Though not yet approved in the U.S., Xience is on the market in Europe. Report [1] | Report [2]
> AstraZeneca got the FDA's blessing to market its antipsychotic Seroquel as an add-on maintenance med for bipolar disorder. Release [3]
> The FDA has eased restrictions on two drugs used to clarify ultrasound images, lifting a ban on administering them to acutely ill patients; Definity and Optison will still carry black-box warnings, however. Report [4]
> Ex-Pfizer CEO Hank McKinnell joined the board of directors at specialty drug- and device-maker Angiotech Pharmaceuticals. Release [5]
> Novo Nordisk got the FDA nod for its new hemophilia treatment NovoSeven RT. Report [6]
> Lundbeck launched its Circadin insomnia drug in Germany. Report [7]
> FDA warned Novartis for omitting the risks of Trileptal, an epilepsy treatment, from a promotional magnet. Report [8]
> GlaxoSmithKline's Indian subsidiary inked a deal to co-promote Daiichi Sankyo's blood pressure remedy Olmesartan and its combo products. Report [9]
> HollisterStier wrapped up two big construction projects that will expand its ability for analytical testing and contract manufacturing. Report [10]
Biotech News
> One of the great pioneers of the British biotech industry, Sir Chris Evans, is fretting that turmoil in the public markets will have a particularly harsh affect on drug discovery work in Europe. Report [11]
> A month after Schering-Plough pulled the plug on its collaboration with Novacea for a new prostate cancer therapy--Asentar--the little biotech company announced that it will cut its work force by more than half. Report [12]
> The little Maryland-based vaccine developer Iomai is being bought out by Intercell for about $189 million. Buyout report [13]
> Vaptans are a new class of drug that target a wide variety of conditions by inhibiting vasopressin, which regulates the circulatory system. Report [14]
> Stem cell researchers at Cornell have genetically engineered a human embryo, a pioneering development that was immediately condemned as a big step toward designing babies. Report [15]
And Finally… Imagine employing a legion of gaming fanatics to channel their obsession into finding solutions to some of the thorniest problems in protein chemistry. That's what biochemist David Baker and a small group of colleagues did in creating Foldit, which challenges gamers to see if they can improve the 3-D structures of proteins. Report [16]
Links:
[1] http://blogs.wsj.com/health/2008/05/13/abbott-shines-as-xience-stent-beats-taxus/
[2] http://online.wsj.com/article/SB121068516817688315.html?mod=2_1566_leftbox
[3] http://www.fiercebiotech.com/press-releases/fda-approves-astrazeneca-plc-azn-s-seroquel-r-maintenance-treatment-bipolar-disorder
[4] http://blogs.wsj.com/health/2008/05/13/fda-backs-off-warnings-on-ultrasound-imaging-drugs/
[5] http://www.fiercebiotech.com/press-releases/angiotech-appoints-hank-mckinnell-its-board-directors-0
[6] http://www.chron.com/disp/story.mpl/ap/fn/5775200.html
[7] http://www.forbes.com/markets/feeds/afx/2008/05/13/afx5001628.html
[8] http://www.rttnews.com/Content/BreakingNews.aspx?Node=B1&Id=605172%20&Category=Breaking%20News
[9] http://www.forbes.com/afxnewslimited/feeds/afx/2008/05/14/afx5006232.html
[10] http://www.contractpharma.com/news/2008/05/13/hollisterstier_completes_manufacturing_expansion_projects
[11] http://www.fiercebioresearcher.com/story/bleak-market-will-slam-european-research-efforts/2008-05-13
[12] http://www.fiercebiotech.com/story/novacea-cuts-staff-after-partner-dumps-collaboration/2008-05-13
[13] http://www.fiercebiotech.com/story/intercell-snaps-up-iomai-in-189m-deal/2008-05-13
[14] http://www.fiercebioresearcher.com/story/new-drug-class-could-have-wide-health-impact/2008-05-13
[15] http://www.fiercebioresearcher.com/story/embryo-engineering-breakthrough-triggers-criticism/2008-05-13
[16] http://www.fiercebioresearcher.com/story/can-gamers-beat-the-protein-chemistry-challenge/2008-05-13