AstraZeneca Goes Virtual In Neuroscience R&D As Part Of Workforce Reduction AstraZeneca is to slash 12% of its workforce in the next three years, as the company forecasts declining revenues in 2012 because of its steep patent cliff, government pricing interventions and R&D pipeline failures.
Diabetes Franchise May Help Merck Offset Loss Of Singulair The Januvia/Janumet franchise posted sales growth of 40% both in the fourth quarter and over the full year for Merck, while Isentress and Gardasil also posted strong growth rates.
Amitiza Hits Mark In Confirmatory Opioid-Induced Bowel Dysfunction Study Sucampo/Takeda's constipation treatment Amitiza meets primary endpoint in Phase III study of OBD, with a clean safety profile. Sucampo now sets its sights on a supplemental NDA for a third indication.
Abraxane White Paper Distribution At ASCO Draws FDA Advertising Letter Celgene says the white paper - which FDA says promotes Abaxane as effective for unapproved uses and superior to Bristol-Myers Squibb's Taxol - was intended solely for potential business partners interested in nab technology.
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