> The FDA has cleared AstraZeneca to start marketing Nexium to kids 12 to 17 with GERD. Nexium has already been approved for adults with GERD. Report [1]
> The FDA has given Novartis approval to market two higher doses of Diovan for high blood pressure. Report [2]
> Coley Pharmaceutical is touting the data from a Phase Ib for Actilon in patients with hep C. Report [3]
> Idenix says that a lower dose of valopicitabine with pegylated interferon demonstrated improved tolerability and comparable results in patients with hep C. Report [4]
> The large CRO Covance has expanded its operations in Singapore and China. Release [5]
> Canada's CV Technologies saw its stock jump on the news that the FDA would permit its cold remedy to be sold in the U.S. Report [6]
> J&J and Germany's Grunenthal plan to launch a late-stage trial of the experimental pain drug tapentadol. Report [7]
And Finally… After watching sales of Celebrex drop by half--to $1.7 billion--last year after imposing an ad moratorium, Pfizer is back marketing the drug. The move, complete with a highlighted warning on serious side effects, has renewed the argument over consumer ad campaigns. Article [8]
Links:
[1] http://www.businessweek.com/ap/financialnews/D8HB1T2O0.htm?campaign_id=apn_home_down&chan=db
[2] http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/240102/
[3] http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/239393/
[4] http://www.tradingmarkets.com/tm.site/news/BREAKING%20NEWS/239399/
[5] http://www.pharmalive.com/News/index.cfm?articleid=336045&categoryid=20
[6] http://today.reuters.com/investing/financeArticle.aspx?type=hotStocksNews&storyID=2006-05-01T140702Z_01_WNA1962_RTRUKOC_0_US-CVTECHNOLOGIES.xml
[7] http://today.reuters.com/business/newsArticle.aspx?type=health&storyID=nWEN6183
[8] http://www.nytimes.com/2006/04/29/business/media/29celebrex.html