> Cell Therapeutics announced on Friday that it was suspending enrollment in its clinical trial for Xyotax so it could study new data on recently enrolled patients. Following a meeting with the FDA. Cell Therapeutics is also amending the study to focus on the survival in women with normal estrogen levels. Release
> The FDA has granted orphan drug status to Morphotek's MORAb-009, a monoclonal antibody for pancreatic cancer. Release
> Amgen is reporting itself well satisfied with Phase II data on its cancer drug AMG-706. One analyst, though, called the results disappointing. Report
> U.S. investors have agreed to pay $524 million for Egypt's Amoun Pharmaceuticals, which manufactures and markets drugs under license. Report
> Targeted Genetics has restructured its debt to Biogen Idec. Report
> Novartis AG's anti-inflammatory drug Prexige has been cleared for EU approval. Report
> Melior Discovery in Exton, PA has inked a research pact with Merck. Release
And Finally… Despite a series of disappointments, researchers say they're exploring some promising new approaches to male contraception. Report