> Bayer and Onyx Pharmaceuticals got approval from Chinese drug regulators to market their Nexavar drug for liver cancer. Report [1]
> Cephalon sued Barr Pharmaceuticals for patent infringement over its Fentora cancer pain drug, after Barr asked the FDA to approve its generic version. Report [2]
> India's Glenmark Pharmaceuticals posted a 101.9 percent increase in fiscal first-quarter profits on strong growth in its generics business. Report [3]
> Watson Pharmaceuticals named Clare Carmichael as senior vice president for human resources, replacing Susan Skara, who retired. Release [4]
> SiCap, an Albany-area company known for its "Sinus Buster" nasal sprays, has been acquired by Dynova Laboratories, a private-equity-funded venture. Report [5]
> In another instance of the industry teaming up with academia, GlaxoSmithKline and Harvard Stem Cell Institute (HSCI) announced that they have signed a five-year, $25 million pact to research and possibly develop stem cell drugs. Report [6]
> New Jersey-based nutraceutical company Integrated Biopharma is spinning off its interest in iBioPharma to form a stand-alone biotech company. Report [7]
> CHMP announced today the recommendation of Bayer's Xarelto, known generically as rivaroxaban. Report [8]
And Finally... Anxiety and depression double the risk of type 2 diabetes in men, a study shows. Report [9]
Links:
[1] http://www.dbtechno.com/health/2008/07/28/bayer-drug-nexavar-approved-to-treat-liver-cancer-in-china/
[2] http://philadelphia.bizjournals.com/philadelphia/stories/2008/07/21/daily48.html?jst=b_ln_hl
[3] http://www.iii.co.uk/news/?type=afxnews&articleid=6825144&subject=companies&action=article
[4] http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-28-2008/0004856480&EDATE=
[5] http://albany.bizjournals.com/albany/stories/2008/07/28/story10.html
[6] http://www.fiercebiotech.com/story/gsk-harvard-ink-stem-cell-research-pact/2008-07-25
[7] http://www.fiercebiotech.com/story/integrated-biopharma-spins-biotech-company/2008-07-25
[8] http://www.fiercebiotech.com/story/chmp-recommends-bayers-xarelto/2008-07-25
[9] http://news.bbc.co.uk/2/hi/health/7524096.stm