> Device maker Integra LifeSciences is buying IsoTis for $49.3 million. Release [1]
> MannKind told investors on Friday that it faced an uncertain delay in finding a partner for its inhalable insulin candidate [2], and investors responded Monday by taking a bite out of the developer's share price. Adding to the uncertainty surrounding the company, MannKind says it is delaying the release of its second-quarter report until Aug. 9 and that CFO Richard Anderson is retiring. The monumental failure of Pfizer's Exubera--an inhalable insulin drug--to find a market niche may be making potential partners particularly skittish. Report [3]
> KineMed has raised $15 million and plans to use the money to advance its lead drug candidate into clinical trials. Release [4]
> Bayer Thai and Schering (Bangkok) have merged. Report [5]
> Isotechnika announced that the FDA has granted fast track designation for its lead drug, ISA247. Release [6]
> Entelos has struck a deal with the FDA to create a computer model for drug-induced liver damage. Release [7]
> Abraxis BioScience has won regulatory approval to sell Oxytocin Injection in a 30 ml vial. Release [8]
> In 2006, Pharma racked up a multibillion-dollar marketing bill. FiercePharma [9]
> PricewaterhouseCoopers has released a study based on interviews with 185 top pharma execs in the Asia-Pacific region. The verdict? Not only are China, India, Singapore and their neighbors poised to become huge pharmaceuticals consumers, but big producers as well. FiercePharma [10]
And Finally… Drinking more than three cups of coffee a day may help women delay memory loss. Report [11]
Links:
[1] http://www.fiercebiotech.com/press-releases/press-release-integra-lifesciences-agrees-buy-isotis-51-million
[2] http://www.fiercebiotech.com/story/mannkind-garners-175m-to-push-inhaled-diabetes-therapy/2005-08-03
[3] http://www.forbes.com/feeds/ap/2007/08/06/ap3990947.html
[4] http://www.fiercebiotech.com/press-releases/press-release-kinemed-and-merck-enter-collaboration-atherosclerosis
[5] http://www.bangkokpost.com/Business/07Aug2007_biz56.php
[6] http://www.fiercebiotech.com/press-releases/press-release-isotechnikas-uveitis-treatment-gets-fda-fast-track
[7] http://www.fiercebiotech.com/press-releases/press-release-entelos-design-computer-model-prediction-drug-induced-human-liver-injur
[8] http://www.fiercebiotech.com/press-releases/press-release-abraxis-bioscience-receives-fda-approval-oxytocin-injection-10-usp-unit
[9] http://www.fiercepharma.com/story/pharma-racks-multibillion-dollar-marketing-bill/2007-08-07
[10] http://www.fiercepharma.com/story/asian-countries-push-big-pharma-boom/2007-08-07
[11] http://news.xinhuanet.com/english/2007-08/07/content_6486224.htm