Sanofi-Aventis is dangling over a serious patent cliff thanks to generic competition to Lovenox and Plavix, two of its top-selling drugs, and the solution to getting back to safer ground could be a significant acquisition. The French drug maker is said to be preparing a formal bid for the U.S. biotech Genzyme, an acquisition that would throw the big pharma into the orphan drug business.
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A report highlighting the low use of innovative cancer drugs in the U.K. has prompted the government to target more funding at this area. It may involve a shake-up of NICE, which the pharmaceutical industry has welcomed.
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Continue reading "Latest News From "The Pink Sheet" DAILY - Brilinta's Poor U.S. Results Dog Advisory Committee Discussion " »
Cladribine is back in the running to be the first oral multiple sclerosis therapy to market. EMD Serono, the U.S. affiliate of Merck KGaA, announced that FDA has accepted a refiling of the NDA it rejected in Novmeber and given it a priority six-month review with an action date in the fourth quarter. Competitor Biogen Idec's candidate Gilena has an action date in September.
Continue reading "Coming In Thursday's "The Pink Sheet" DAILY -- FDA Accepts NDA for Multiple Sclerosis Drug Cladribine, Among Other Stories" »
Anticipating the launch of generic Plavix (clopidogrel) in 2012, Medco is launching a study to find out whether doubling the usual dose of Bristol-Myers Squibb’s anti-clotting drug can offset the problem of reduced effectiveness that comes with concurrent use of a proton pump inhibitor and show that clopidogrel can still be as effective in certain patients as its newer and more expensive competitor Effient.
Continue reading "Coming In Wednesday's "The Pink Sheet" DAILY - Medco Launches Plavix Study" »
Studies supporting the application had a mysterious difference in outcomes. Further analysis of virologic failures is under way, says lead investigator.
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Continue reading "Latest News From "The Pink Sheet" DAILY - Positive Data Pushes Drug Filings Forward" »
Tibotec Pharmaceuticals has filed its once-daily non-nucleoside reverse transcriptase inhibitor TMC278 (rilpivirine) with the FDA on the heels of releasing Phase III data at the International AIDS Society meeting in Vienna.
Continue reading "Coming In Tuesday's "The Pink Sheet" DAILY - J&J's Tibotec Files TMC278 For HIV Indication" »
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Investor reaction to news of FDA's approval of Momenta Pharmaceuticals M-enoxaparin, a generic version of Sanofi-Aventis' anti-thrombotic Lovenox (enoxaparin) was swift and brutal. |
Continue reading "Under Pressure: Sanofi's Strategy Will Be Tested By Generic Lovenox Approval " »