> Pharmacopeia Drug Discovery is gaining new research funds from an extension of its development pact with Schering-Plough. Schering-Plough is funding 10 full-time researchers along with milestones for new drug candidates. The collaboration is being extended to April 2007. Report [1]
> Serono announced that new data shows that a new formulation of its bestselling Rebiff for MS shows that it has improved tolerability and antibody formation. Report [2]
> Nitec Pharma announced positive results in a Phase III clinical trial with Lodotra, a modified-release tablet that has been developed to optimize the efficacy of orally administered low-dose prednisone in rheumatoid arthritis. Release [3]
> Inyx Pharma has inked a deal to buy Pharmapac UK, a contract pharmaceutical production and packaging provider, for $17 million. Release [4]
> Shares of Germany's MediGene were buoyed by the news that it had received a patent on its cancer drug candidate EndoTag-1. Report [5]
> Discovery Laboratories says it has addressed the FDA's concerns on Surfaxin and is seeking a meeting with regulators to push for approval of the lung therapy. Report [6]
> EpiCept's stock jumped after its collaborator Myriad Genetics reported positive Phase I data for a new brain cancer therapy, Azixa. Report [7]
> Threshold Pharmaceuticals has won orphan drug status for its pancreatic cancer therapy glufosfamide. Report [8]
> Researchers have concluded that the active ingredient in Accutane appears to cause depression-related symptoms in mice. Report [9]
> GlaxoSmithKline has licensed a Chinese company to manufacture Relenza for stockpiles against a potential bird flu pandemic. Report [10]
> XOMA announced it will manufacture and supply AV-299, AVEO's anti-HGF antibody, in support of early clinical trials. Release [11]
And Finally…In an editorial, The New York Times supports the IOM's position urging additional funding for the FDA. Editorial [12]
Links:
[1] http://www.chron.com/disp/story.mpl/ap/fn/4220917.html
[2] http://www.forbes.com/markets/feeds/afx/2006/09/28/afx3050963.html
[3] http://biz.yahoo.com/prnews/060928/ukw026.html?.v=12
[4] http://biz.yahoo.com/prnews/060928/neth006.html?.v=77
[5] http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-28T071951Z_01_L28583537_RTRIDST_0_HEALTH-MEDIGENE-UPDATE-1.XML&rpc=66&type=qcna
[6] http://www.chron.com/disp/story.mpl/ap/fn/4220996.html
[7] http://www.chron.com/disp/story.mpl/ap/fn/4215446.html
[8] http://www.streetinsider.com/FDA/Threshold+Pharma+(THLD)+Granted+Orphan+Drug+Designation+for+Glufosfamide/1216268.html
[9] http://today.reuters.com/news/articlenews.aspx?type=healthNews&storyID=2006-09-27T162725Z_01_COL759218_RTRUKOC_0_US-ACNE-DRUG.xml&archived=False
[10] http://www.chron.com/disp/story.mpl/ap/fn/4221221.html
[11] http://biz.yahoo.com/prnews/060928/nyth026.html?.v=74
[12] http://www.nytimes.com/2006/09/28/opinion/28thu3.html