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Home » Newsletters » BioWorld

BioWorld

July 27, 2012

View Archived Issues

DODAC Gives Thumbs Up to Two Different Eye Drugs

If the FDA follows through on an advisory committee's recommendations, patients may finally have drug options to fight two conditions that can lead to permanent loss of vision. Read More

Amarin Hooks FDA Approval for Prescription-Grade Fish Oil

As expected, the FDA gave the green light on Thursday to Amarin Corp. plc's Vascepa (icosapent ethyl) capsules (formerly known as AMR101) as an adjunct to diet to reduce triglyceride (TG) levels in adult patients with severe (TG greater than or equal to 500 mg/dL) hypertriglyceridemia. Read More

Hyperion Lowers Price, Adds Shares in $50M IPO

Orphan disease firm Hyperion Therapeutics Inc. priced its initial public offering (IPO), shaving the price from the midpoint of $12 per share cited in its amended S-1 filing earlier this month to $10 per share – $1 below the proposed range – but upsizing the offering from 4.2 million to 5 million shares. Read More

Rising Revlimid Demand Helps Celgene's Second-Quarter EPS

Celgene Corp., of Summit, N.J., exceeded analysts' estimates modestly in its second-quarter earnings report, turning in total revenues of $1.367 billion, a 16 percent increase over the second quarter of 2011. Those revenue increases were led by growing sales of multiple myeloma blockbuster Revlimid (lenolidomide). Read More

Amgen Serves Up Solid Q2 on Sales, Takeda Payment

Amgen Inc.'s second-quarter figures blasted past expectations, as the Thousand Oaks, Calif.-based firm reported after market close Thursday total revenues of $4.5 billion, with adjusted earnings per share of $1.83, compared to consensus estimates of $4.1 billion and $1.54 per share. Read More

Stock Movers

Read More

Other News To Note

• Cardium Therapeutics Inc., of San Diego, published preclinical findings demonstrating that cardiac ischemia plays an important role in adenovector gene delivery in mammalian hearts. Read More

Clinic Roundup

• Infectex, of Moscow, said it received approval from the Russian Ministry of Health to begin a pivotal clinical trial for antibiotic SQ109 in multidrug-resistant tuberculosis (MDR-TB) patients at TB centers in three major Russian cities (Moscow, Saint Petersburg and Ekaterinburg). Read More

Pharma: Other News To Note

• Merck Serono SA, of Geneva, said it decided not to accept the recommendation issued by the Geneva Chamber of Collective Labour Relations further to the conciliation process, which was held from July 3 to July 18, between the management of Merck Serono and the representatives of the employees and the union. Read More

Pharma: Clinic Roundup

• Merck and Co. Inc., of Whitehouse Station, N.J., published results in Nature showing that a histone deacetylase may dislodge reservoirs of hidden virus in patients being treated for HIV. Read More

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