> Forest Laboratories is suing Caraco Pharmaceutical Laboratories claiming patent infringements on the antidepressant Lexapro. Report [1]
> Cephalon's R&D chief says Wall Street is underestimating the market potential of its experimental cancer therapies. Report [2]
> Germany's GPC Biotech has filed another part of its marketing application for the cancer therapy satraplatin. Report [3]
> Kos Pharmaceuticals has filed a drug application with the FDA for a new form of its Niaspan cholesterol therapy. Report [4]
> Array BioPharma has pocketed $18 million of the $32 million it will receive from a sale-leaseback deal. Report [5]
And Finally… A new study says that people taking a potion made from a hallucinogenic mushroom reported mystical experiences that led to behavioral changes that lasted for weeks. Researchers urged people not to try to replicate this study at home. Article [6]
Links:
[1] http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20060711&ID=5857664
[2] http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-07-11T203148Z_01_N11185970_RTRIDST_0_HEALTH-CEPHALON-URGENT.XML&rpc=66
[3] http://www.chron.com/disp/story.mpl/ap/fn/4041861.html
[4] http://www.chron.com/disp/story.mpl/ap/fn/4042188.html
[5] http://denver.bizjournals.com/denver/stories/2006/07/10/daily27.html?jst=b_ln_hl
[6] http://www.cbc.ca/story/science/national/2006/07/10/mushroom-psychedelic.html