In a move that could markedly quicken the approval pace for its snail-based synthetic pain drug, Prialt, Elan Corp. plc added encouraging Phase III data to the new drug application and expects a review time of about six months. (BioWorld Today)

LONDON - Vernalis plc landed a deal potentially worth $100 million with Biogen Idec Inc. for Vernalis' Parkinson's disease program that is in Phase I work. Biogen is paying an initial license fee of $10 million and investing $6 million in Vernalis, with a promise to invest a further $4 million in any future Vernalis fund raising. (BioWorld International)

Amgen Inc.'s therapy for Parkinson's disease failed to meet its primary endpoint in a Phase II study. (BioWorld Today)