NeurogesX brings in $40 million to help with U.S. commercialization of recently launched Qutenza through a royalty financing agreement with Cowen Healthcare Royalty Partners.
Continue reading "Coming in Monday's "The Pink Sheet" DAILY - J&J Reaches Settlement with DoJ for Off-Label Topamax Promotion " »
Drug candidates fail at an alarming rate. For biotechs that seemingly have their entire future - and tens of millions of investor dollars - tied up in one compound or one clinical trial, failure of a lead asset can mean certain, sudden death. Meet four small companies that had another plan.
Continue reading "Overcoming Disaster: What Biotechs Do When A Lead Asset Fails " »
Drug companies looking to bring biosimilars to the U.S. market will use existing regulatory pathways like 505(b)(2) or an outright Biologics Licensing Application over a new regulatory pathway developed out of health care reform legislation because of provisions in the latter that favor brands, Sandoz Division Head Jeff George said in an interview.
Continue reading "Coming in Friday's "The Pink Sheet" DAILY -- Bayer, AstraZeneca, Bristol Report Earnings" »
Avandia returns to Capitol Hill: Appropriations Subcommittee hears from critics of diabetes drug, but not FDA.
Continue reading "Coming In Thursday's "The Pink Sheet" DAILY - Avandia On Capital Hill" »
Enforcement on steroids: As expected, FDA enforcement went into overdrive last year. The warning letter rate doubled and punishments were swift and harsh.
Continue reading "Enforcement on Steroids: FDA Delivers Twice the Drug GMP Warning Letters" »