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ALSO NOTED: Novartis sinks$816.5M into Italian vaccine plant; GSK, Astellas take a pass on Theravance's drugs; and much more...

> Novartis is pledging to sink €600 million ($816.5 million) into new and expanded facilities in Italy. FiercePharma

> GlaxoSmithKline won't exercise its option to license Theravance's Gastrointestinal Motility Dysfunction program, and Astellas Pharma has also decided not to license TD-1792 under the terms of the companies' 2005 agreement. Release

> GTC Biotherapeutics said that the FDA has given ATryn a Fast Track designation entitled to accelerated FDA review for the hereditary antithrombin deficiency indication. Report

> Senator Charles Grassley said he would, and now he has: The Republican introduced a bill Thursday that would require drug and medical device makers to report almost every cent they pay to doctors. FiercePharma

> Prominent British cardiac surgeon Magdi Yacoub says that he believes that scientists will quickly perfect the use of adult stem cells for growing a complete new ventricle for transplant, with human trials coming in three to five years. Report

> Researchers have found that a grape skin extract plays a key role in fighting prostate cancer. Report

And Finally... Merck can now say "Whew!" when the words "class action" are mentioned. Report

More stories about Novartis   Fast Track designation   Astellas Pharma   GTC Biotherapeutics   Theravance   Charles Grassley   FDA   GlaxoSmithKline  

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