> Johnson & Johnson says the FDA has turned thumb's down on Risperdal as a treatment of psychosis in Alzheimer's. Release [1]
> Elan CEO Kelly Martin told reporters that the return of the company's MS drug Tysabri is a question of when "and not a question of if." Article [2]
> Myogen and Novartis are expanding their drug pact to include another heart disease therapy. Story [3]
> Metric: Within months of receiving prescriptions for drugs to lower high blood pressure and reduce cholesterol, large numbers of patients stop taking the pharmaceuticals as prescribed. Article [4]
> The FDA has approved AstraZeneca's Merrem for skin infections. Release [5]
> GlaxoSmithKline Pharmaceuticals and Japan's Eisai have struck a deal to market Eisai's ulcer drug in India. Story [6]
> India's Alchemist has bought Delhi-based Valiant Healthcare for 45 million rupees. Alchemist is also planning to build a drug-making plant in Uttaranchal. Story [7]
> Toronto's Generex Biotechnology has been allowed additional time to meet Nasdaq's listing requirements. Release [8]
And Finally... Sen. Arlen Specter (R-Penn.) says he has enough votes in the Senate to override a presidential veto on stem cell legislation. Story [9]
Links:
[1] http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/05-26-2005/0003691623&EDATE=
[2] http://www.marketwatch.com/news/story.asp?guid=%7B47030192-A3D4-49E4-980D-6E69EBD0BEE3%7D
[3] http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20050526&ID=4847043
[4] http://story.news.yahoo.com/s/hsn/20050525/hl_hsn/whypatientsfailtotaketheirmedicines;_ylt=AkWzPz3dK3Ivbup3VdJEFSbVJRIF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl
[5] http://biz.yahoo.com/prnews/050526/phth024.html?.v=11
[6] http://sify.com/finance/fullstory.php?id=13809305
[7] http://www.business-standard.com/common/storypage.php?storyflag=y&leftnm=lmnu1&leftindx=1&lselect=1&chklogin=N&autono=189878
[8] http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/05-26-2005/0003691635&EDATE=
[9] http://www.nytimes.com/2005/05/26/politics/26stem.html